Market Pulse57Neutral

Slb N.V.Opportunity Rank #146(SLB) Intrinsic Value & DCF Analysis (2026)

Sector: Energy

Current Price

$47.54

Last updated: Jul 15, 2026

Price vs Intrinsic Value

$47.54
Price
$56.79
Intrinsic Value
Undervalued by 19%MOS: $45.43

Fundamental Score

63/100
Neutral

Weighted across 6 signals

Narrative Score

75/100
Strong

No change vs previous

Trend Score

28/100
Weak

As of 2026-07-14

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 $47.54, 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: 7.65%), 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 $47.54, 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: 7.65%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$56.79
19.46% upside
20% margin of safety: $45.43
Years: 10Growth Rate: -2.06%
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Capital Efficiency

Average Quarterly ROIC
2.89%
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

63/100
NeutralWeighted across 6 signals
DCF Discount
19.5% discount to price
82
FCF Yield
11.2% trailing FCF yield
100
ROIC vs WACC
ROIC 2.9% vs WACC 9.0% (0.3x)
16
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: DCF Discount, FCF Yield. Concerns: ROIC vs WACC, Buybacks.

Narrative Details

75/100
Strong
Vs 6-Month Baseline:Above Avg (78th pct)Weighted across 3 recent drivers
Trend: Improving upConfidence: 97%Updated: 13h ago
Sources: 69 (49 News · 20 Analyst)
Drivers(last 30 days)
42 news sentiment+1.9
7 regulatory scrutiny+0.6
20 analyst reiterations0.0

Trend Details

28/100
WeakAs of 2026-07-14309 daily bars used
3M Relative Strength vs SPY-18.0%
21 EMA vs 50 EMA-4.2%
Price vs 50 EMA-6.1%
Price vs 21 EMA38 · -2.0%
Price vs 50 EMA22 · -6.1%
21 EMA vs 50 EMA19 · -4.2%
3M RS vs SPY5 · -18.0%
6M RS vs SPY41 · -3.1%
Distance from 52W High64 · -18.0%

Investment Coach

Updating... 34d ago
WATCHConfidence: 45%
Thesis
SLB N.V. shows a healthy free cash flow yield of 9.6% and an improving narrative score, indicating potential value despite returns currently trailing the estimated cost of capital. Fundamentals are constructive with a neutral score, suggesting cautious optimism for future performance.
Key Risk
The key risk is that SLB's return on invested capital remains below its weighted average cost of capital, which could limit value creation.
Signals To Watch
  • Watch for the stock price to move to at least a mid-teens discount to fair value.
  • Track the spread between ROIC and WACC for sustained improvement.
  • Follow the narrative trend for meaningful shifts in 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. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.