NATIONAL ENERGY SERVICES REU (NESR) Stock Fundamental Analysis

NASDAQ:NESR • VGG6375R1073

25.91 USD
-0.45 (-1.71%)
At close: Feb 25, 2026
25.8 USD
-0.11 (-0.42%)
After Hours: 2/25/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Taking everything into account, NESR scores 3 out of 10 in our fundamental rating. NESR was compared to 61 industry peers in the Energy Equipment & Services industry. While NESR is still in line with the averages on profitability rating, there are concerns on its financial health. NESR is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year NESR was profitable.
  • In the past year NESR had a positive cash flow from operations.
  • In multiple years NESR reported negative net income over the last 5 years.
  • NESR had a positive operating cash flow in 4 of the past 5 years.
NESR Yearly Net Income VS EBIT VS OCF VS FCFNESR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M 200M

1.2 Ratios

  • NESR's Return On Assets of 3.88% is fine compared to the rest of the industry. NESR outperforms 63.93% of its industry peers.
  • With a decent Return On Equity value of 7.33%, NESR is doing good in the industry, outperforming 63.93% of the companies in the same industry.
  • NESR has a Return On Invested Capital (5.18%) which is comparable to the rest of the industry.
Industry RankSector Rank
ROA 3.88%
ROE 7.33%
ROIC 5.18%
ROA(3y)1%
ROA(5y)0.49%
ROE(3y)1.8%
ROE(5y)0.57%
ROIC(3y)N/A
ROIC(5y)N/A
NESR Yearly ROA, ROE, ROICNESR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5

1.3 Margins

  • NESR has a Profit Margin (5.53%) which is comparable to the rest of the industry.
  • NESR's Profit Margin has been stable in the last couple of years.
  • NESR has a Operating Margin (8.88%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of NESR has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 13.97%, NESR is doing worse than 80.33% of the companies in the same industry.
  • NESR's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 8.88%
PM (TTM) 5.53%
GM 13.97%
OM growth 3YN/A
OM growth 5Y-0.61%
PM growth 3YN/A
PM growth 5Y-0.41%
GM growth 3Y269.72%
GM growth 5Y-6.99%
NESR Yearly Profit, Operating, Gross MarginsNESR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • NESR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • NESR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
NESR Yearly Shares OutstandingNESR Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
NESR Yearly Total Debt VS Total AssetsNESR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • NESR has an Altman-Z score of 2.82. This is not the best score and indicates that NESR is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a decent Altman-Z score value of 2.82, NESR is doing good in the industry, outperforming 65.57% of the companies in the same industry.
  • The Debt to FCF ratio of NESR is 7.20, which is on the high side as it means it would take NESR, 7.20 years of fcf income to pay off all of its debts.
  • NESR has a Debt to FCF ratio (7.20) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.28 indicates that NESR is not too dependend on debt financing.
  • The Debt to Equity ratio of NESR (0.28) is better than 67.21% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF 7.2
Altman-Z 2.82
ROIC/WACC0.61
WACC8.43%
NESR Yearly LT Debt VS Equity VS FCFNESR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.10 indicates that NESR should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.10, NESR is doing worse than 85.25% of the companies in the same industry.
  • NESR has a Quick Ratio of 1.10. This is a bad value and indicates that NESR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.92, NESR is doing worse than 80.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 0.92
NESR Yearly Current Assets VS Current LiabilitesNESR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.01% on average over the past years.
EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5Y5.01%
EPS Q2Q%14.29%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%15.88%

3.2 Future

  • NESR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.73% yearly.
  • The Revenue is expected to grow by 18.71% on average over the next years. This is quite good.
EPS Next Y84.21%
EPS Next 2Y72.81%
EPS Next 3Y39.73%
EPS Next 5YN/A
Revenue Next Year36.13%
Revenue Next 2Y25.63%
Revenue Next 3Y18.71%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NESR Yearly Revenue VS EstimatesNESR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
NESR Yearly EPS VS EstimatesNESR Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • NESR is valuated quite expensively with a Price/Earnings ratio of 31.22.
  • NESR's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.05, NESR is valued at the same level.
  • A Price/Forward Earnings ratio of 16.95 indicates a correct valuation of NESR.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NESR indicates a rather cheap valuation: NESR is cheaper than 80.33% of the companies listed in the same industry.
  • NESR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.03.
Industry RankSector Rank
PE 31.22
Fwd PE 16.95
NESR Price Earnings VS Forward Price EarningsNESR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • NESR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. NESR is more expensive than 62.30% of the companies in the same industry.
  • 62.30% of the companies in the same industry are cheaper than NESR, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 56.47
EV/EBITDA 10.87
NESR Per share dataNESR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as NESR's earnings are expected to grow with 39.73% in the coming years.
PEG (NY)0.37
PEG (5Y)6.23
EPS Next 2Y72.81%
EPS Next 3Y39.73%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for NESR!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NATIONAL ENERGY SERVICES REU

NASDAQ:NESR (2/25/2026, 8:00:02 PM)

After market: 25.8 -0.11 (-0.42%)

25.91

-0.45 (-1.71%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-17
Earnings (Next)06-01
Inst Owners47.55%
Inst Owner Change16.35%
Ins Owners1.18%
Ins Owner Change0%
Market Cap2.61B
Revenue(TTM)N/A
Net Income(TTM)70.17M
Analysts84.62
Price Target29.58 (14.16%)
Short Float %4.2%
Short Ratio2.53
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.18%
Min EPS beat(2)-11.38%
Max EPS beat(2)11.74%
EPS beat(4)2
Avg EPS beat(4)1.21%
Min EPS beat(4)-11.38%
Max EPS beat(4)11.74%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.22%
Min Revenue beat(2)-5.83%
Max Revenue beat(2)1.38%
Revenue beat(4)1
Avg Revenue beat(4)-2.23%
Min Revenue beat(4)-5.83%
Max Revenue beat(4)1.38%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.2%
PT rev (3m)21.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.31%
EPS NY rev (1m)-0.65%
EPS NY rev (3m)-5.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
Industry RankSector Rank
PE 31.22
Fwd PE 16.95
P/S 2.06
P/FCF 56.47
P/OCF 15.19
P/B 2.73
P/tB 10.05
EV/EBITDA 10.87
EPS(TTM)0.83
EY3.2%
EPS(NY)1.53
Fwd EY5.9%
FCF(TTM)0.46
FCFY1.77%
OCF(TTM)1.71
OCFY6.58%
SpS12.6
BVpS9.49
TBVpS2.58
PEG (NY)0.37
PEG (5Y)6.23
Graham Number13.31
Profitability
Industry RankSector Rank
ROA 3.88%
ROE 7.33%
ROCE 8.9%
ROIC 5.18%
ROICexc 5.47%
ROICexgc 12.25%
OM 8.88%
PM (TTM) 5.53%
GM 13.97%
FCFM 3.64%
ROA(3y)1%
ROA(5y)0.49%
ROE(3y)1.8%
ROE(5y)0.57%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y16.08%
ROICexc growth 3YN/A
ROICexc growth 5Y14.6%
OM growth 3YN/A
OM growth 5Y-0.61%
PM growth 3YN/A
PM growth 5Y-0.41%
GM growth 3Y269.72%
GM growth 5Y-6.99%
F-Score7
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 0.28
Debt/FCF 7.2
Debt/EBITDA 1.04
Cap/Depr 86.02%
Cap/Sales 9.9%
Interest Coverage 250
Cash Conversion 66.42%
Profit Quality 65.9%
Current Ratio 1.1
Quick Ratio 0.92
Altman-Z 2.82
F-Score7
WACC8.43%
ROIC/WACC0.61
Cap/Depr(3y)75.74%
Cap/Depr(5y)77.93%
Cap/Sales(3y)9.16%
Cap/Sales(5y)10.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5Y5.01%
EPS Q2Q%14.29%
EPS Next Y84.21%
EPS Next 2Y72.81%
EPS Next 3Y39.73%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%15.88%
Revenue Next Year36.13%
Revenue Next 2Y25.63%
Revenue Next 3Y18.71%
Revenue Next 5YN/A
EBIT growth 1Y70.63%
EBIT growth 3YN/A
EBIT growth 5Y13.91%
EBIT Next Year95.87%
EBIT Next 3Y50.38%
EBIT Next 5Y44.1%
FCF growth 1Y14.21%
FCF growth 3Y81.82%
FCF growth 5YN/A
OCF growth 1Y29.59%
OCF growth 3Y21.54%
OCF growth 5Y20.81%

NATIONAL ENERGY SERVICES REU / NESR FAQ

Can you provide the ChartMill fundamental rating for NATIONAL ENERGY SERVICES REU?

ChartMill assigns a fundamental rating of 3 / 10 to NESR.


What is the valuation status of NATIONAL ENERGY SERVICES REU (NESR) stock?

ChartMill assigns a valuation rating of 4 / 10 to NATIONAL ENERGY SERVICES REU (NESR). This can be considered as Fairly Valued.


Can you provide the profitability details for NATIONAL ENERGY SERVICES REU?

NATIONAL ENERGY SERVICES REU (NESR) has a profitability rating of 4 / 10.


What is the financial health of NATIONAL ENERGY SERVICES REU (NESR) stock?

The financial health rating of NATIONAL ENERGY SERVICES REU (NESR) is 3 / 10.


Is the dividend of NATIONAL ENERGY SERVICES REU sustainable?

The dividend rating of NATIONAL ENERGY SERVICES REU (NESR) is 0 / 10 and the dividend payout ratio is 0%.