NCS Multistage Holdings, Inc. (NCSM)
Basic Materials › Oil & Gas Field Services, NEC
Price History
Feb 9, 2026 — Apr 4, 2026Investment Snapshot
- Trading 8% below Graham Number — thin margin of safety
- Piotroski F-Score 6/9 — moderate financial health
- Loss-making — negative ROE of -61.5%
- Revenue growing at 13% annually
NCS Multistage Holdings, Inc. (NCSM) is a Basic Materials company operating in Oil & Gas Field Services, NEC, listed on the NASDAQ , with a market capitalisation of $157 million . Key value metrics: P/E ratio 12.2, P/B ratio 0.92, Piotroski F-Score 6 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
NCS Multistage Holdings, Inc. — Fundamental Analysis Summary
NCS Multistage Holdings, Inc. (NCSM) is trading 8% below its Graham Number of $67.34, offering a thin margin of safety. The stock carries a reasonable trailing P/E ratio of 12.2x.
On financial health, NCSM shows a moderate Piotroski F-Score of 6/9, and negative return on equity of -61.5% (sector average: -1.2%), and minimal leverage with a debt-to-equity ratio of 0.06.
StockPik's composite Value Score for NCSM is 85/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
NCSM reports a solid gross margin of 41.2% (sector average: 12.8%) and a modest operating margin of 4.7%.
NCSM shows revenue growing at 13% year-over-year, with earnings growing at 260%.