NexTier Oilfield Solutions Inc.

DB:9KG Stock Report

Market Cap: €2.3b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

NexTier Oilfield Solutions Valuation

Is 9KG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9KG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9KG (€9.74) is trading below our estimate of fair value (€32.76)

Significantly Below Fair Value: 9KG is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9KG?

Key metric: As 9KG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9KG. This is calculated by dividing 9KG's market cap by their current earnings.
What is 9KG's PE Ratio?
PE Ratio3.8x
EarningsUS$641.78m
Market CapUS$2.42b

Price to Earnings Ratio vs Peers

How does 9KG's PE Ratio compare to its peers?

The above table shows the PE ratio for 9KG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
VBK Verbio
n/a110.01%€613.6m
CE2 CropEnergies
15.3x-7.49%€1.0b
ETG EnviTec Biogas
13.2xn/a€378.7m
SES SECURE Waste Infrastructure
16.8x8.93%CA$3.3b
9KG NexTier Oilfield Solutions
3.8x-19.41%€2.4b

Price-To-Earnings vs Peers: 9KG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (8.7x).

Price to Earnings Ratio vs Industry

How does 9KG's PE Ratio compare vs other companies in the European Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9KG 3.8xIndustry Avg. 10.1xNo. of Companies8PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9KG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the European Energy Services industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is 9KG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9KG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.8x
Fair PE Ratio6.6x

Price-To-Earnings vs Fair Ratio: 9KG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the estimated Fair Price-To-Earnings Ratio (6.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 9KG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€12.21
0%
17.78%€15.46€8.18n/a10
May ’26n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Apr ’26n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Mar ’26n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Feb ’26n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Jan ’26n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Dec ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Nov ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Oct ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Sep ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Aug ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Jul ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Jun ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
May ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Apr ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Mar ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Feb ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Jan ’25n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Dec ’24n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Nov ’24n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Oct ’24n/a
€12.21
0%
17.78%€15.46€8.18n/a10
Sep ’24€9.74
€12.21
+25.39%
17.78%€15.46€8.18n/a10
Aug ’24€10.75
€12.21
+13.61%
17.78%€15.46€8.18n/a10
Jul ’24€8.16
€11.64
+42.57%
26.99%€16.53€6.43n/a10
Jun ’24€7.40
€12.26
+65.71%
29.31%€17.19€7.24n/a10
May ’24€7.26
€12.62
+73.89%
28.84%€17.32€7.29n/a10
AnalystConsensusTarget
Consensus Narrative from 10 Analysts
€12.33
Fair Value
21.0% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/01 06:11
End of Day Share Price 2023/08/31 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NexTier Oilfield Solutions Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derek PodhaizerBarclays
Daniel BoydBMO Capital Markets Equity Research
Chase MulvehillBofA Global Research