SLB N.V. (SLB) DCF Valuation
Two independent models estimate SLB N.V.'s fair value between $37.29 (conservative case) and $62.93 (analyst consensus).
What would today's price require?
$55.69 is justified only if free cash flow grows about +9.8% a year for the next decade — slower than the company has actually grown.
Current Price
$55.69
Fair-Value Range
$37.29 – $62.93
Market-Implied Growth
+9.8%/yr
vs +23.5% 5Y actual
SLB DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $4.0B · 1.49B shares · net debt $9.3B
Estimated Fair Value
$37.29
-33.0% vs $55.69
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $55.69; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $47.85 | $50.63 | $53.90 | $57.83 | $62.64 |
| 9.0% | $40.22 | $42.12 | $44.31 | $46.86 | $49.88 |
| 10.0% | $34.41 | $35.76 | $37.29 | $39.04 | $41.05 |
| 11.0% | $29.85 | $30.83 | $31.94 | $33.18 | $34.59 |
| 12.0% | $26.16 | $26.91 | $27.73 | $28.64 | $29.66 |
About SLB N.V.
SLB N.V. operates as a global technology provider for the energy sector. The company's operations are organized into four key divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. SLB delivers a wide array of services, including the development of oil and gas fields, hydrocarbon production optimization, carbon management solutions, and the integration of interconnected energy infrastructures. It also specializes in reservoir interpretation and processing of exploration data, alongside offering solutions for well construction and enhancing production efficiency. Their expertise extends to evaluating subsurface geology and fluid dynamics. The firm provides stimulation services, such as hydraulic fracturing, matrix stimulation, and water treatment, designed to restore or boost well productivity for oil and gas operators. Additionally, they offer essential intervention services. Within drilling operations, SLB furnishes mud logging, directional drilling, measurement-while-drilling (MWD), and logging-while-drilling (LWD) services, complemented by comprehensive engineering support. They supply advanced drilling fluid systems and are involved in the design, manufacturing, and marketing of both roller cone and fixed cutter drill bits. Their portfolio further includes bottom-hole assembly and borehole enlargement technologies. The company provides end-to-end well planning and drilling services, encompassing engineering, supervision, logistics, procurement, and third-party contracting, along with drilling rig management solutions. This covers a range of drilling equipment and services, including land drilling rigs. For production, SLB offers artificial lift solutions, an assortment of packers, safety valves, sand control technologies, and various intelligent monitoring systems. Their offerings extend to midstream production systems, specialized valves, chokes, actuators, and surface trees. A significant part of their business is OneSubsea, which delivers integrated solutions, products, and services for subsea applications, such as wellheads, subsea trees, manifolds, flowline connectors, control systems, and other connection technologies. Historically known as Schlumberger Limited, the company is slated to formally adopt its new name, SLB N.V., in October 2025. Established in 1926, SLB N.V. maintains its corporate headquarters in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Olivier Le Peuch