Market Pulse59Neutral

SLB N.V.Opportunity Rank #131(SLB) Intrinsic Value & DCF Analysis (2026)

Sector: Energy

Current Price

$53.00

Last updated: May 08, 2026

Price vs Intrinsic Value

$53.00
Price
$56.79
Intrinsic Value
Undervalued by 7%MOS: $45.43

Fundamental Score

60/100
Neutral

Weighted across 6 signals

Narrative Score

47/100
Weak

No change vs previous

Trend Score

66/100
Constructive

As of 2026-05-08

The intrinsic value of SLB N.V. (SLB) is estimated at $56.79 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $53.00, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a -2.06% long-term growth rate and an 8.50% discount rate (calculated: 7.69%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of SLB N.V. (SLB) is estimated at $56.79 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $53.00, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a -2.06% long-term growth rate and an 8.50% discount rate (calculated: 7.69%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$56.79
7.15% upside
20% margin of safety: $45.43
Years: 10Growth Rate: -2.06%
Want to create your own valuation? Create a free account.

Capital Efficiency

Average Quarterly ROIC
3.16%
Cost of Capital (estimated)9%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

60/100
NeutralWeighted across 6 signals
DCF Discount
7.2% discount to price
62
FCF Yield
10.0% trailing FCF yield
100
ROIC vs WACC
ROIC 3.2% vs WACC 9.0% (0.4x)
18
Net Debt / FCF
1.0x net debt to FCF
59
Buybacks
Share count growing
30
FCF CAGR (5Y)
13.8% 5Y FCF CAGR
94
Strengths: FCF Yield, FCF CAGR (5Y). Concerns: ROIC vs WACC, Buybacks.

Narrative Details

47/100
Weak
Vs 6-Month Baseline:Low (0th pct)Weighted across 5 recent drivers
Trend: Deteriorating downConfidence: 91%Updated: 16h ago
Sources: 80 (65 News · 15 Analyst)
Drivers(last 30 days)
53 news sentiment-0.7
9 regulatory scrutiny+0.2
2 earnings beat+0.1
Margin pressure+0.1
15 analyst reiterations0.0

Trend Details

66/100
ConstructiveAs of 2026-05-08311 daily bars used
6M Relative Strength vs SPY+36.9%
Distance from 52-Week High-6.4%
21 EMA vs 50 EMA+4.1%
Price vs 21 EMA42 · -1.3%
Price vs 50 EMA63 · +2.7%
21 EMA vs 50 EMA79 · +4.1%
3M RS vs SPY43 · -1.7%
6M RS vs SPY98 · +36.9%
Distance from 52W High87 · -6.4%

Investment Coach

Updated 14h ago
WATCHConfidence: 43%
Thesis
SLB N.V. shows constructive fundamentals with a healthy free cash flow yield of 10.0% and valuation near fair value, suggesting patience may be warranted. However, returns currently trail the estimated cost of capital, indicating limited immediate upside.
Key Risk
The key risk is the company's return on invested capital significantly underperforming its weighted average cost of capital, which may pressure valuation and returns.
Signals To Watch
  • Price moving to at least a mid-teens discount to fair value.
  • Sustained improvement in ROIC versus WACC spread.
  • Meaningful shifts in the narrative trend and score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: -2.06%5 Year CAGR: 6.41%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$7,955$8,183$8,731$8,729$5,435$5,831$4,161$7,386$7,973$8,046$8,946$11,468$15,516$14,123$11,734$10,185$8,408$7,891$10,966$9,450$7,249

How Intrinziq Estimates Fair Value

Intrinziq estimates SLB N.V.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

SLB N.V.Energy

SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. SLB N.V. was founded in 1926 and is based in Houston, Texas.