NATIONAL ENERGY SERVICES REU (NESR) Fundamental Analysis & Valuation

NASDAQ:NESR • VGG6375R1073

Current stock price

23.87 USD
+0.34 (+1.44%)
At close:
23.87 USD
0 (0%)
After Hours:

This NESR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. NESR Profitability Analysis

1.1 Basic Checks

  • NESR had positive earnings in the past year.
  • NESR had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: NESR reported negative net income in multiple years.
  • In the past 5 years NESR always reported a positive cash flow from operatings.
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 2025 0 100M 200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.76%, NESR is in the better half of the industry, outperforming 62.90% of the companies in the same industry.
  • NESR's Return On Equity of 5.28% is fine compared to the rest of the industry. NESR outperforms 62.90% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.82%, NESR is in the better half of the industry, outperforming 66.13% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for NESR is significantly below the industry average of 13.21%.
  • The 3 year average ROIC (6.80%) for NESR is below the current ROIC(6.82%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.76%
ROE 5.28%
ROIC 6.82%
ROA(3y)2.59%
ROA(5y)0.45%
ROE(3y)5.07%
ROE(5y)0.56%
ROIC(3y)6.8%
ROIC(5y)N/A
NESR Yearly ROA, ROE, ROICNESR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5

1.3 Margins

  • Looking at the Profit Margin, with a value of 3.86%, NESR is in line with its industry, outperforming 58.06% of the companies in the same industry.
  • NESR's Profit Margin has declined in the last couple of years.
  • NESR has a Operating Margin (8.15%) which is comparable to the rest of the industry.
  • NESR's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of NESR (13.16%) is worse than 80.65% of its industry peers.
  • NESR's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 8.15%
PM (TTM) 3.86%
GM 13.16%
OM growth 3YN/A
OM growth 5Y-0.19%
PM growth 3YN/A
PM growth 5Y-8.46%
GM growth 3Y22.28%
GM growth 5Y-6.71%
NESR Yearly Profit, Operating, Gross MarginsNESR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. NESR Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NESR is destroying value.
  • The number of shares outstanding for NESR has been increased compared to 1 year ago.
  • Compared to 5 years ago, NESR has more shares outstanding
  • NESR has a better debt/assets ratio than last year.
NESR Yearly Shares OutstandingNESR Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
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 2025 500M 1B 1.5B

2.2 Solvency

  • NESR has an Altman-Z score of 2.58. 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.
  • NESR has a better Altman-Z score (2.58) than 62.90% of its industry peers.
  • NESR has a debt to FCF ratio of 2.57. This is a good value and a sign of high solvency as NESR would need 2.57 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.57, NESR is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
  • A Debt/Equity ratio of 0.25 indicates that NESR is not too dependend on debt financing.
  • NESR has a better Debt to Equity ratio (0.25) than 67.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 2.57
Altman-Z 2.58
ROIC/WACC0.79
WACC8.62%
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 2025 0 200M 400M 600M 800M

2.3 Liquidity

  • NESR has a Current Ratio of 1.04. This is a normal value and indicates that NESR is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of NESR (1.04) is worse than 87.10% of its industry peers.
  • NESR has a Quick Ratio of 1.04. This is a bad value and indicates that NESR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of NESR (0.89) is worse than 80.65% of its industry peers.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 0.89
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 2025 200M 400M 600M

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

7

3. NESR Growth Analysis

3.1 Past

  • The earnings per share for NESR have decreased strongly by -35.28% in the last year.
  • Measured over the past 5 years, NESR shows a small growth in Earnings Per Share. The EPS has been growing by 5.01% on average per year.
  • NESR shows a small growth in Revenue. In the last year, the Revenue has grown by 1.72%.
  • NESR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.68% yearly.
EPS 1Y (TTM)-35.28%
EPS 3YN/A
EPS 5Y5.01%
EPS Q2Q%14.29%
Revenue 1Y (TTM)1.72%
Revenue growth 3Y13.34%
Revenue growth 5Y9.68%
Sales Q2Q%15.88%

3.2 Future

  • The Earnings Per Share is expected to grow by 60.59% on average over the next years. This is a very strong growth
  • NESR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 31.11% yearly.
EPS Next Y93.86%
EPS Next 2Y73.23%
EPS Next 3Y60.59%
EPS Next 5YN/A
Revenue Next Year39.38%
Revenue Next 2Y31.33%
Revenue Next 3Y31.11%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 2.5B
NESR Yearly EPS VS EstimatesNESR Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

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Find the best growth stocksShow best growing peers

5

4. NESR Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 28.76, NESR can be considered very expensive at the moment.
  • NESR's Price/Earnings ratio is a bit cheaper when compared to the industry. NESR is cheaper than 64.52% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.71, NESR is valued at the same level.
  • With a Price/Forward Earnings ratio of 14.83, NESR is valued correctly.
  • NESR's Price/Forward Earnings ratio is rather cheap when compared to the industry. NESR is cheaper than 91.94% of the companies in the same industry.
  • NESR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 38.09.
Industry RankSector Rank
PE 28.76
Fwd PE 14.83
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as NESR.
  • NESR's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 19.92
EV/EBITDA 10.03
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

  • NESR's 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 60.59% in the coming years.
PEG (NY)0.31
PEG (5Y)5.74
EPS Next 2Y73.23%
EPS Next 3Y60.59%

More info and screens

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

0

5. NESR Dividend Analysis

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

NESR Fundamentals: All Metrics, Ratios and Statistics

NATIONAL ENERGY SERVICES REU

NASDAQ:NESR (4/21/2026, 8:02:03 PM)

After market: 23.87 0 (0%)

23.87

+0.34 (+1.44%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-17
Earnings (Next)04-30
Inst Owners56.48%
Inst Owner Change-0.01%
Ins Owners4.43%
Ins Owner Change0%
Market Cap2.41B
Revenue(TTM)1.32B
Net Income(TTM)51.13M
Analysts84.62
Price Target29.41 (23.21%)
Short Float %5.84%
Short Ratio1.76
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)6.07%
Min EPS beat(2)-11.38%
Max EPS beat(2)23.51%
EPS beat(4)2
Avg EPS beat(4)4.63%
Min EPS beat(4)-11.38%
Max EPS beat(4)23.51%
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)-0.18%
Min Revenue beat(2)-5.83%
Max Revenue beat(2)5.48%
Revenue beat(4)2
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-5.83%
Max Revenue beat(4)5.48%
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)-0.57%
PT rev (3m)33.08%
EPS NQ rev (1m)-11.11%
EPS NQ rev (3m)-13.9%
EPS NY rev (1m)-2.02%
EPS NY rev (3m)6.47%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)-1.09%
Revenue NY rev (1m)1.37%
Revenue NY rev (3m)2.56%
Valuation
Industry RankSector Rank
PE 28.76
Fwd PE 14.83
P/S 1.82
P/FCF 19.92
P/OCF 9.11
P/B 2.49
P/tB 8.73
EV/EBITDA 10.03
EPS(TTM)0.83
EY3.48%
EPS(NY)1.61
Fwd EY6.74%
FCF(TTM)1.2
FCFY5.02%
OCF(TTM)2.62
OCFY10.98%
SpS13.14
BVpS9.6
TBVpS2.74
PEG (NY)0.31
PEG (5Y)5.74
Graham Number13.3912 (-43.9%)
Profitability
Industry RankSector Rank
ROA 2.76%
ROE 5.28%
ROCE 8.65%
ROIC 6.82%
ROICexc 7.55%
ROICexgc 18.35%
OM 8.15%
PM (TTM) 3.86%
GM 13.16%
FCFM 9.12%
ROA(3y)2.59%
ROA(5y)0.45%
ROE(3y)5.07%
ROE(5y)0.56%
ROIC(3y)6.8%
ROIC(5y)N/A
ROICexc(3y)7.38%
ROICexc(5y)N/A
ROICexgc(3y)17.79%
ROICexgc(5y)N/A
ROCE(3y)8.63%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y12.88%
ROICexc growth 3YN/A
ROICexc growth 5Y11.61%
OM growth 3YN/A
OM growth 5Y-0.19%
PM growth 3YN/A
PM growth 5Y-8.46%
GM growth 3Y22.28%
GM growth 5Y-6.71%
F-Score4
Asset Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 2.57
Debt/EBITDA 0.98
Cap/Depr 101.22%
Cap/Sales 10.83%
Interest Coverage 3.79
Cash Conversion 105.86%
Profit Quality 236.23%
Current Ratio 1.04
Quick Ratio 0.89
Altman-Z 2.58
F-Score4
WACC8.62%
ROIC/WACC0.79
Cap/Depr(3y)74.26%
Cap/Depr(5y)83.22%
Cap/Sales(3y)8.29%
Cap/Sales(5y)10.11%
Profit Quality(3y)421.21%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.28%
EPS 3YN/A
EPS 5Y5.01%
EPS Q2Q%14.29%
EPS Next Y93.86%
EPS Next 2Y73.23%
EPS Next 3Y60.59%
EPS Next 5YN/A
Revenue 1Y (TTM)1.72%
Revenue growth 3Y13.34%
Revenue growth 5Y9.68%
Sales Q2Q%15.88%
Revenue Next Year39.38%
Revenue Next 2Y31.33%
Revenue Next 3Y31.11%
Revenue Next 5YN/A
EBIT growth 1Y-21.65%
EBIT growth 3YN/A
EBIT growth 5Y9.48%
EBIT Next Year225.56%
EBIT Next 3Y73.46%
EBIT Next 5YN/A
FCF growth 1Y-2.77%
FCF growth 3YN/A
FCF growth 5Y22.83%
OCF growth 1Y15.22%
OCF growth 3Y41.85%
OCF growth 5Y14.63%

NATIONAL ENERGY SERVICES REU / NESR Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 5 / 10 to NESR.


What is the valuation status for NESR stock?

ChartMill assigns a valuation rating of 5 / 10 to NATIONAL ENERGY SERVICES REU (NESR). This can be considered as Fairly Valued.


What is the profitability of NESR stock?

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


How financially healthy is NATIONAL ENERGY SERVICES REU?

The financial health rating of NATIONAL ENERGY SERVICES REU (NESR) is 4 / 10.


How sustainable is the dividend of NATIONAL ENERGY SERVICES REU (NESR) stock?

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