Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: STX stock price vs NE: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NE's multiple
Needs NE P/E.
Implied fair value · at STX's multiple
Needs STX P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: STX FY 2026 (ended Jul 3, 2026) · NE FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 98% equity / 2% debt · EV / Revenue 15.94x · EV / EBITDA 45.76x
Capital structure 79% equity / 21% debt · EV / Revenue 2.67x · EV / EBITDA 20.18x
STX carries the larger enterprise value at $194.35B against $8.79B; NE trades on the lower EV / Revenue multiple (2.67x vs 15.94x); NE on the lower EV / EBITDA (20.18x vs 45.76x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Seagate Technology Holdings plc · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Noble Corporation plc · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.65x
0.43x
Net debt / EBITDA
Leverage against operating earnings
0.44x
3.46x
Cash and equivalents
Liquid reserves on the balance sheet
$1.70B
$471.40M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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