NOV Inc (NOV) is overvalued and Weatherford International plc (WFRD) is slightly undervalued.
Against our estimates of intrinsic value, WFRD trades at the wider discount: a margin of safety of +11%, against -83% for NOV.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $11.05; the price of $20.18 is 83% above that value, and 77% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $94.23; the price of $84.00 is 11% below that value, and 76% of that value comes from beyond year five.
Leak Score 65/100 on 3 of 12 signals
| Metric | NOV | WFRD |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $20.18 | $84.00 |
| Intrinsic value | $11.05 | $94.23 |
| Margin of safety | -83% | +11% |
| Leak Score | 0/100 (3/12) | 65/100 (3/12) |
| Market cap | $7.2B | $6.1B |
| Revenue growth, 5 years | 7.6% | 5.9% |
| Operating margin | 6.9% | 14.4% |
| Net margin | 1.1% | 7.7% |
| Return on equity | 1.5% | 22.2% |
| Debt to equity | 0.37 | 0.91 |
| P/E | 77.5x | 16.6x |
| Forward P/E | 15.9x | 11.8x |
| P/B | 1.2x | 3.4x |
| Dividend yield | 2.2% | 1.3% |