SLB NV (SLB) Stock Analysis
Verdict: WATCH (do not buy)
SLB leads oilfield services with premium technology and high FCF ($4.5B), but rich valuation (27.6x P/E) and insider selling cap 90-day upside.
Investment score: 55/100
Analysis as of
Is SLB NV stock worth reviewing? The TradeMates thesis
The model rates SLB as a HOLD. SLB demonstrates premium market leadership and strong free cash flow ($4.54B FCF yield 5.4%), but current valuation at 27.56x TTM P/E sits well above key peers like Halliburton (18.93x) and Baker Hughes (19.88x). With shares near the 52-week high of $58.82 and heavy insider liquidations, short-term upside appears limited.
7-factor investment score
- Valuation: 45/100 (weight 20%)
- Financial Health: 60/100 (weight 15%)
- Technical Momentum: 72/100 (weight 15%)
- Earnings Quality: 58/100 (weight 15%)
- Insider Sentiment: 20/100 (weight 10%)
- Analyst Consensus: 75/100 (weight 10%)
- Risk-Adjusted Return: 52/100 (weight 15%)
SLB NV opportunities and risks
What speaks for SLB
- Dominant Market Share in High-Margin Offshore and International Drilling
What speaks against SLB
- Valuation Premium Relative to Oilfield Service Competitors
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| SLB | 27.6x | 2.3x | 13.3x | 16.5% | 8.5% | 5.4% |
| BKR | 19.9x | 2.2x | 13.2x | 23.6% | 11.2% | 5.0% |
| HAL | 18.9x | 1.4x | 8.8x | 15.1% | 7.2% | 5.7% |
| NOV | 80.7x | 0.9x | 11.1x | 20.5% | 1.1% | 7.5% |
| WFRD | 18.4x | 1.4x | 8.3x | 62.1% | 7.7% | 7.8% |
| KGS | 65.5x | 4.2x | 9.6x | 40.1% | 5.8% | 0.1% |
| Peer median | 19.9x | 1.4x | 9.6x | 23.6% | 7.2% | 5.7% |
Frequently asked questions about SLB NV (SLB)
Is SLB stock a good investment?
The TradeMates model rates SLB NV as WATCH (do not buy) with an investment score of 55/100. The model rates SLB as a HOLD. SLB demonstrates premium market leadership and strong free cash flow ($4.54B FCF yield 5.4%), but current valuation at 27.56x TTM P/E sits well above key peers like Halliburton (18.93x) and Baker Hughes (19.88x). With shares near the 52-week high of $58.82 and heavy insider liquidations, short-term upside appears limited. This is algorithmic model output, not personal investment advice.
Is SLB stock a buy?
The TradeMates model verdict for SLB is WATCH (do not buy) with an investment score of 55/100. Treat this as a model signal to review, not a personal buy recommendation.