NE

Nabors Energy Transition Corp. II Class A Ordinary Shares

NETD·NASDAQ

$11.52

+0.0000%
Financial ServicesShell Companies

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions. The company was incorporated in 2023 and is based in Houston, Texas. Nabors Energy Transition Corp. II is a subsidiary of Nabors Energy Transition Sponsor II LLC.

At a Glance

Live Snapshot
Market Cap$439.20M
EPS0.3900
P/E Ratio29.54
Earnings Date11/13/2025

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 29.5).

Valuation inputs: P/E 29.5, earnings yield +3.4%, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +3.8%, ROIC -1.3%).

Profitability stack: net margin 0.0%, ROE +3.8%, ROIC -1.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +5.3%, momentum 0.0%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Nabors Energy Transition Corp. II Class A Ordinary Shares Market vs Earnings Trajectory

NETD · NASDAQ

Loading price and EPS data...

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Nabors Energy Transition Corp. II Class A Ordinary Shares Fair Value Envelope

NETD · NASDAQ

Our analysis suggests that NETD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.52, this represents a potential HIDDEN relative to our calculated worth for Nabors Energy Transition Corp. II Class A Ordinary Shares.

Intrinsic Value
Current Price: $11.52
3Y+50.0%
5Y+50.0%
10Y+50.0%

No Revenue Data

NETD has not reported any revenue values in the available annual periods.

3Y+58.0%
5Y+58.0%
10Y+58.0%
3Y-47.0%
5Y-47.0%
10Y-47.0%
3Y-47.0%
5Y-47.0%
10Y-47.0%
3Y+5.0%
5Y+5.0%
10Y+5.0%
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Nabors Energy Transition Corp. II Class A Ordinary Shares Profit Bridge

NETD · NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (4.16M)
Operating Income-4.16M
Interest Expense (0.00)
Other Income/Expense16.11M
Pretax Income11.95M
Income Tax (0.00)
Net Income11.95M
Net Income
11.95M

Profitability Analysis

No Gross Profit Margin Data

NETD has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

NETD has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

NETD has not reported any net profit margin values in the available annual periods.

3.79%
Return on Equity
14%
3Y+14.0%
5Y+14.0%
10Y+14.0%
3.58%
Return on Assets
13%
3Y+13.0%
5Y+13.0%
10Y+13.0%
-1.25%
Return on Invested Capital
560%
3Y+560.0%
5Y+560.0%
10Y+560.0%
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Nabors Energy Transition Corp. II Class A Ordinary Shares Cash Conversion Engine

NETD · NASDAQ
Net Income11.95M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital3.85M
Others-16.11M
Capital Expenditures0.00
Free Cash Flow-309.66K

Cash Flow Quality Analysis

FCF Conversion Rate

-2.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+46.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$3.85M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

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Nabors Energy Transition Corp. II Class A Ordinary Shares Funding & Solvency Profile

NETD · NASDAQ
Cash & Cash Equivalents629.57K
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets669 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets154.16M
Total Non-Current Assets154 M
Total Assets
154.83M

Financial Health Analysis

Current Ratio

0.23x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.10x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-2298107

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

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Nabors Energy Transition Corp. II Class A Ordinary Shares Street Expectations Map

NETD · NASDAQ

No Target Data

No analyst price targets available for netd.

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Nabors Energy Transition Corp. II Class A Ordinary Shares Insider Positioning

NETD · NASDAQ

During the last 12 months, insiders have sold $6.32M worth of NETD shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

565.0K

6.32M

Net Activity

-6.3M

-$6.32M

Top Buyers

No buying activity

Top Sellers

1
MSUL

Mizuho Securities Usa Llc

10 Percent Owner

565.0K shares1 transactions

$6.32M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.32M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

NETD has not reported any dividend yield values in the available annual periods.

 

netd Dividend History

NETD
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%