COMPARE · Reviewed July 29, 2026
HAL vs INVX
Verdict: Side-by-side breakdown using the Bull Rankings model. HAL scored 57.4, INVX scored 54.4 — HAL leads.
Compare another set
HAL
Halliburton Company
57.4
$31.63 · $26.4B
fundamentals as of
Score gap
3.0
HAL leads
INVX
Innovex International, Inc.
54.4
$26.61 · $1.9B
fundamentals as of
The model, pillar by pillar (0–100 each)
HAL
stronger →← stronger
INVX
67
Qualityreturns · margins · balance sheet
59
50
Growthrevenue & earnings expansion
50
57
Valuevaluation vs sector peers
55
HAL is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
HAL
INVX
$1.7bC+
FCF
$152mC
+0.6%C
Rev
+26.3%A-
0.74B
D/E
0.07A
16.6xB
P/E
35.5xC
0.79A-
PEG
0.71A-
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
HAL
INVX
48% below
Price vs fair valuelower is cheaper
48% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-1%/yr
+47%
1-yr DCF upside
+46%
+92%
5-yr DCF upside
+92%
+186%
10-yr DCF upside
+187%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HAL
Why this score
- Buying back stock
- Cyclical growth
INVX
Why this score
- Cyclical growth
The companies
HALHalliburton Company
Why now
Oil & Gas Equipment & Services · market cap $26.4b. Down 27% from 52-week high of $43.59 — deep drawdown territory. PEG 0.79 — paying under fair value for the growth rate. 25 sell-side analysts rate this a Buy with a mean 1-yr target of $43.52 (implying +38% upside).
Moat
ROE 15% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 108% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Commodity exposure — earnings power tracks the price of the underlying commodity, not management execution. A 15-20% move in the commodity reprices the equity well before fundamentals catch up.
INVXInnovex International, Inc.
Why now
Oil & Gas Equipment & Services · market cap $1.9b. 18% off the 52-week high of $32.25. Revenue growing +26% — in hypergrowth territory. PEG 0.71 — paying under fair value for the growth rate. 5 sell-side analysts publish a mean 1-yr target of $33.00 (implying +24% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Trailing P/E 35x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. ROE 5% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.