Obermatt

NCS Multistages

NAQ:NCSM · US6288772014
Energy Equipment & ServicesSmall

360

97
EV / EBIT56
Price / Owner Earnings71
Owner Earnings Yield94
Dividend Yield1
Price/Sales84
EV / Gross Profit88
Price/Book76
Return on Capital29
Cash Return on Capital84
Return on Equity72
EBIT Margin23
Gross Profitability95
Cash Conversion21
Accruals36
Owner Earnings Margin82
Sales growth49
Profit Growth33
Long-Term EPS Growth34
Owner Earnings Growth72
Reinvestment98
Price momentum70
Debt load88
Refinancing95
Debt Payback100
Liquidity74
Analyst ratings100
Expectations trend50
Market mood3
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

NCS Multistages clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryEnergy Equipment & Services
SizeSmall
TypePublic Company
ExchangeNASDAQCM
Founded2012
ISINUS6288772014
Last UpdateApr 2, 2026
Themes
Injection MoldingPackaging ServicesMining TechnologyIndustrial Automation

Description

NCS Multistage Holdings, Inc. (NCS) operates as a provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completion, and field development strategies. NCS Multistag…

Analysis

Bargain bin

NCS Multistage Holdings, Inc. falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 5.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analysts lean positive.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
76
2023202420252026

All-time high

100

Jan 2025

All-time low

48

Jan 2024

Average rank

82

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
84
85
82
85
Price/Earnings
90
86
39
39
Price/Book
76
78
73
70
Dividend Yield
1
1
1
1
Value (overall)
72
83
52
33

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →