NCS Multistage Holdings logo
NCS Multistage Holdings NCSM
$ 44.03 -1.01%
report update icon

Annual report 2025
added 03-05-2026

NCS Multistage Holdings Financial Ratios 2025-2011 | NCSM

Brief overview of NCS Multistage Holdings's market valuation

The comparison uses the five latest available annual observations between 2021 and 2025.

Market valuation is represented by P/E 4.81x (median 16.98x), EV/EBITDA 9.04x (median 9.04x), P/S 0.62x (median 0.59x). Ratios sit near their own comparison base, with an average deviation of 0% from five-year medians.

The 1/P/E calculation produces a 20.8% earnings yield. It does not capture future growth or capital structure.

Capital efficiency is characterized by ROE 18.8%, ROA 13.1%, ROCE 7.8%. Fundamental efficiency is balanced: profitability supports valuation but does not remove the need for future growth.

The cash cycle accelerated by 41.2 days to 177 days. Less capital is tied up in operations.

Overall assessment

NCS Multistage Holdings's market valuation is near its own historical norm, while quality ratios provide no extreme signal.

Annual Financial Ratios NCS Multistage Holdings

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

P/E

4.8 17.0 -12.4 -55.2 -14.7 -1.3 -2.4 -1.3 313.4 - - - - - -

P/S

0.6 0.7 0.3 0.4 0.6 0.7 0.4 1.1 3.3 - - - - - -

EPS

9.2 2.6 -1.3 -0.5 -2.0 -24.4 -14.1 -85 0.1 -0.5 0.9 - - - -

EV (Enterprise Value)

116 M 123 M 64.9 M 73.9 M 79 M 86.8 M 107 M 282 M 720 M 131 M 145 M -20.2 M - - -

EBITDA per Share

6.34 3.8 -0.37 0.85 -0.26 -6.5 3.82 16 18.8 - - - - - -

EV/EBITDA

-123.7 -4.4 9.0 7.1 17.1 - - - - - -

PEG

-0.01 -0.04 0.06 0.31 - 0.02 -0.03 0.0 2.77 - - - - - -

P/B

0.8 1.0 0.4 0.6 0.6 0.8 0.5 1.6 1.8 - - - - - -

P/CF

5.1 8.8 8.2 -42.7 6.0 2.3 6.8 -142.4 61.6 - - - - - -

ROE %

18.81 6.67 -3.44 -1.21 -5.11 -61.53 -22.70 -117.99 0.59 - - - - - -

ROA %

13.11 4.31 -2.07 -0.80 -3.33 -41.53 -16.20 -82.85 0.45 - - - - - -

ROCE %

7.76 3.93 -5.41 -2.19 -4.90 -17.16 -0.84 8.82 2.43 - - - - - -

Current Ratio

4.8 4.2 3.6 4.7 4.5 5.6 5.1 4.5 3.7 - - - - - -

DSO

71.6 62.3 66.4 61.3 71.3 103.3 83.5 87.9 89.2 - - - - - -

DIO

134.9 158.5 165.2 136.0 179.3 185.0 123.0 94.8 95.7 - - - - - -

DPO

29.5 29.2 28.9 28.8 32.4 26.2 26.3 20.7 21.5 - - - - - -

Operating Cycle

206.5 220.8 231.6 197.2 250.6 288.3 206.5 182.7 184.8 - - - - - -

Cash Conversion Cycle

177.0 191.6 202.7 168.4 218.2 262.1 180.1 162.0 163.3 - - - - - -

All numbers in USD currency

Quarterly Financial Ratios NCS Multistage Holdings

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

0.36 1.58 - 1.63 -1.21 0.83 - 1.78 -13.02 -6.1 - 1.61 -2.25 -0.64 - 1.16 -2.41 -1.43 3.62 -2.48 -3.7 -21.92 -0.93 1.54 -9.54 -5.2 -4.51 0.14 -0.09 0.24 -0.08 0.07 -0.11 0.18 -0.03 -0.01 -0.25 -0.24 - - - - - - - - - - - - - - - - - - - -

EBITDA per Share

-0.31 2.2 - 1.66 -1.18 1.49 - 1.16 -2.5 0.97 - 2.02 -2.04 -0.46 - 2.5 -1.86 -1.07 -0.02 -1.13 -4.46 -20 0.56 0.28 -0.25 0.07 -5.07 0.56 0.12 0.39 -0.1 0.59 0.19 0.49 -0.07 0.54 0.08 0.06 - - - - - - - - - - - - - - - - - - - -

ROE %

13.44 9.73 3.34 9.75 11.85 -35.49 -59.55 -55.82 -58.51 -13.59 -3.11 -0.53 -1.68 -1.66 -5.81 3.34 -5.50 -9.60 -61.53 -72.19 -63.43 -69.49 -22.70 -147.39 -145.98 -133.07 -117.99 7.28 4.31 5.56 0.59 1.00 -0.11 -3.69 -10.10 -9.58 -9.42 -4.58 - - - - - - - - - - - - - - - - - - - -

ROA %

8.89 6.08 2.09 5.20 5.47 -15.75 -30.91 -28.04 -28.29 -6.09 0.37 2.39 2.79 -1.40 -4.74 1.44 -4.81 -6.93 -41.53 -48.79 -42.77 -47.47 -16.20 -103.75 -102.78 -93.54 -82.85 5.05 3.02 3.82 0.45 0.89 0.07 -1.59 -5.49 -5.20 -5.11 -2.49 - - - - - - - - - - - - - - - - - - - -

ROCE %

7.78 6.05 1.45 2.99 1.66 -0.85 -3.41 0.05 1.97 2.26 -4.04 -1.86 -3.13 -2.07 -5.49 -5.54 -14.92 -23.99 -68.75 -67.89 -57.33 -53.86 -5.79 -127.31 -124.35 -115.87 -109.26 10.36 5.29 5.69 1.18 1.46 -0.12 -2.07 -5.81 -5.00 -4.67 -1.38 - - - - - - - - - - - - - - - - - - - -

Current Ratio

4.7 4.5 4.2 4.6 4.6 4.8 3.6 1.9 1.9 3.0 4.7 4.3 - 4.9 4.5 4.6 5.0 5.5 5.5 5.5 5.5 5.5 5.2 5.2 5.2 5.2 4.3 4.3 4.3 4.3 4.9 4.9 4.9 4.9 2.2 2.2 2.2 2.2 - - - - - - - - - - - - - - - - - - - -

DSO

90.9 63.8 - 63.4 89.8 60.2 - 62.5 93.2 60.3 - 32.1 47.3 61.7 - 56.9 84.9 70.5 73.1 122.7 229.1 53.4 73.5 63.0 96.3 79.4 90.9 72.8 105.1 63.2 87.1 78.1 118.5 62.2 82.7 102.3 259.8 63.4 - - - - - - - - - - - - - - - - - - - -

DIO

163.9 132.5 - 148.2 208.1 140.3 - 171.5 224.7 141.6 - 54.8 85.0 129.0 - 177.8 228.1 173.4 202.8 311.7 497.7 111.5 140.2 113.1 157.8 123.9 115.0 103.7 150.1 89.5 122.9 116.5 160.1 78.0 77.9 105.5 239.3 61.2 - - - - - - - - - - - - - - - - - - - -

DPO

42.3 33.6 - 27.0 41.3 25.5 - 34.9 42.5 28.2 - 13.9 19.8 29.3 - 30.0 38.4 26.6 28.7 44.2 70.5 20.1 30.0 24.2 33.8 26.8 25.2 22.7 32.8 19.9 27.6 26.2 36.0 27.5 47.0 63.6 144.2 36.9 - - - - - - - - - - - - - - - - - - - -

Operating Cycle

254.8 196.2 - 211.6 297.8 200.6 - 234.0 317.9 201.9 - 86.9 132.2 190.6 - 234.7 312.9 243.8 275.8 434.4 726.9 164.9 213.7 176.1 254.1 203.3 205.9 176.5 255.2 152.7 210.0 194.6 278.6 140.2 160.6 207.8 499.1 124.6 - - - - - - - - - - - - - - - - - - - -

Cash Conversion Cycle

212.5 162.7 - 184.6 256.5 175.0 - 199.1 275.4 173.7 - 73.0 112.4 161.3 - 204.7 274.5 217.2 247.1 390.2 656.3 144.8 183.7 151.9 220.3 176.5 180.7 153.8 222.4 132.8 182.4 168.4 242.7 112.7 113.6 144.2 354.8 87.7 - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company NCS Multistage Holdings, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Oil gas equipment industry

Issuer Price % 24h Market Cap Country
Adams Resources & Energy Adams Resources & Energy
AE
- - $ 96.3 M usaUSA
Baker Hughes Company Baker Hughes Company
BKR
$ 58.72 0.44 % $ 58.3 B usaUSA
National Energy Services Reunited Corp. National Energy Services Reunited Corp.
NESR
$ 24.41 -4.46 % $ 2.4 B usaUSA
Exterran Corporation Exterran Corporation
EXTN
- - $ 153 M usaUSA
Frank's International N.V. Frank's International N.V.
FI
- 7.14 % $ 120 M usaUSA
Seacor Holdings Inc. Seacor Holdings Inc.
CKH
- 0.22 % $ 851 M usaUSA
Recon Technology, Ltd. Recon Technology, Ltd.
RCON
$ 0.35 -19.2 % $ 3.18 M chinaChina
ChampionX Corporation ChampionX Corporation
CHX
- - $ 4.92 B usaUSA
RPC RPC
RES
$ 5.12 -0.78 % $ 1.09 B usaUSA
Smart Sand Smart Sand
SND
$ 4.16 0.73 % $ 162 M usaUSA
Cypress Environmental Partners, L.P. Cypress Environmental Partners, L.P.
CELP
- - $ 6.04 M usaUSA
FTS International, Inc. FTS International, Inc.
FTSI
- -0.61 % $ 366 M usaUSA
ION Geophysical Corporation ION Geophysical Corporation
IO
- -6.68 % $ 10.4 M usaUSA
Suncor Energy Suncor Energy
SU
$ 65.8 2.97 % $ 80.2 B canadaCanada
Dril-Quip Dril-Quip
DRQ
- -3.51 % $ 527 M usaUSA
PetroChina Company Limited PetroChina Company Limited
PTR
- -0.51 % $ 140 B chinaChina
RigNet, Inc. RigNet, Inc.
RNET
- -2.24 % $ 202 M usaUSA
China Petroleum & Chemical Corporation China Petroleum & Chemical Corporation
SNP
- - $ 550 B chinaChina
TOTAL SE TOTAL SE
TOT
- - $ 128 B franceFrance
Tenaris S.A. Tenaris S.A.
TS
$ 55.82 0.32 % $ 58.9 B luxembourgLuxembourg
Gulf Island Fabrication Gulf Island Fabrication
GIFI
- - $ 186 M usaUSA
USA Compression Partners, LP USA Compression Partners, LP
USAC
$ 25.44 -1.74 % $ 3.69 B usaUSA
Liberty Oilfield Services Liberty Oilfield Services
LBRT
$ 17.09 -3.45 % $ 2.77 B usaUSA
Matrix Service Company Matrix Service Company
MTRX
$ 11.1 -3.73 % $ 308 M usaUSA
Archrock Archrock
AROC
$ 35.13 -0.48 % $ 6.13 B usaUSA
Cactus Cactus
WHD
$ 52.32 -1.54 % $ 4.19 B usaUSA
Select Energy Services Select Energy Services
WTTR
$ 17.86 -0.78 % $ 2.47 B usaUSA
MRC Global MRC Global
MRC
- - - usaUSA
Exxon Mobil Corporation Exxon Mobil Corporation
XOM
$ 156.75 2.42 % $ 675 B usaUSA
NexTier Oilfield Solutions NexTier Oilfield Solutions
NEX
- - $ 2.58 B usaUSA
Nine Energy Service Nine Energy Service
NINE
- - $ 17.9 M usaUSA
YPF Sociedad Anónima YPF Sociedad Anónima
YPF
$ 50.32 0.96 % $ 19.7 B argentinaArgentina
Profire Energy Profire Energy
PFIE
- - $ 120 M usaUSA
Newpark Resources Newpark Resources
NR
- -4.59 % $ 628 M usaUSA
Superior Drilling Products Superior Drilling Products
SDPI
- - $ 30 M usaUSA
U.S. Silica Holdings U.S. Silica Holdings
SLCA
- -0.06 % $ 1.19 B usaUSA
Solaris Oilfield Infrastructure Solaris Oilfield Infrastructure
SOI
- -0.88 % $ 498 M usaUSA
Helix Energy Solutions Group Helix Energy Solutions Group
HLX
$ 9.07 -0.66 % $ 1.35 B usaUSA
Tidewater Tidewater
TDW
$ 73.04 -2.21 % $ 3.66 B usaUSA
Forum Energy Technologies Forum Energy Technologies
FET
$ 51.11 -2.59 % $ 607 M usaUSA
Core Laboratories N.V. Core Laboratories N.V.
CLB
$ 9.87 -7.76 % $ 457 M niderlandNiderland
Cenovus Energy Cenovus Energy
CVE
$ 29.07 5.14 % $ 52.6 B canadaCanada
Natural Gas Services Group Natural Gas Services Group
NGS
$ 35.53 -0.62 % $ 445 M usaUSA
North American Construction Group Ltd. North American Construction Group Ltd.
NOA
$ 13.17 -3.52 % $ 377 M canadaCanada
NOV NOV
NOV
$ 19.06 -3.83 % $ 7.09 B usaUSA
Flotek Industries Flotek Industries
FTK
$ 21.8 -7.86 % $ 739 M usaUSA
Petróleo Brasileiro S.A. - Petrobras Petróleo Brasileiro S.A. - Petrobras
PBR
$ 18.59 2.88 % $ 581 B brasilBrasil
ProPetro Holding Corp. ProPetro Holding Corp.
PUMP
$ 10.21 -4.22 % $ 1.06 B usaUSA
Eni S.p.A. Eni S.p.A.
E
$ 53.81 7.13 % $ 163 B italiaItalia
Dawson Geophysical Company Dawson Geophysical Company
DWSN
$ 4.2 -4.55 % $ 130 M usaUSA