National Energy Services Reunited
Market Cap
US$1.1b
Last Updated
2021/04/16 23:37 UTC
Data Sources
Company Financials +
Executive Summary
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with reasonable growth potential.
Share Price & News
How has National Energy Services Reunited's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NESR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NESR's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-4.0%
NESR
-1.0%
US Energy Services
1.3%
US Market
1 Year Return
165.4%
NESR
81.3%
US Energy Services
53.9%
US Market
Return vs Industry: NESR exceeded the US Energy Services industry which returned 81.3% over the past year.
Return vs Market: NESR exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| NESR | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | -1.0% | 1.3% |
| 30 Day | 3.1% | -12.1% | 3.3% |
| 90 Day | 20.7% | -2.0% | 8.9% |
| 1 Year | 165.4%165.4% | 88.8%81.3% | 56.6%53.9% |
| 3 Year | 24.3%24.3% | -54.9%-59.1% | 64.4%53.6% |
| 5 Year | n/a | -53.4%-61.5% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is National Energy Services Reunited's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Who Has Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?3 weeks ago | Simply Wall St
Can National Energy Services Reunited Corp. (NASDAQ:NESR) Improve Its Returns?1 month ago | Simply Wall St
Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?Valuation
Is National Energy Services Reunited undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NESR ($12.5) is trading below our estimate of fair value ($28.92)
Significantly Below Fair Value: NESR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NESR is poor value based on its PE Ratio (22.2x) compared to the US Energy Services industry average (15.1x).
PE vs Market: NESR is good value based on its PE Ratio (22.2x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: NESR is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: NESR is overvalued based on its PB Ratio (1.2x) compared to the US Energy Services industry average (1x).
Future Growth
How is National Energy Services Reunited forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
48.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NESR's forecast earnings growth (48.2% per year) is above the savings rate (2%).
Earnings vs Market: NESR's earnings (48.2% per year) are forecast to grow faster than the US market (18.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NESR's revenue (18% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: NESR's revenue (18% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NESR's Return on Equity is forecast to be low in 3 years time (12.3%).
Past Performance
How has National Energy Services Reunited performed over the past 5 years?
27.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NESR has high quality earnings.
Growing Profit Margin: NESR's current net profit margins (6%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NESR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare NESR's past year earnings growth to its 5-year average.
Earnings vs Industry: NESR earnings growth over the past year (27.3%) exceeded the Energy Services industry 22.4%.
Return on Equity
High ROE: NESR's Return on Equity (5.3%) is considered low.
Financial Health
How is National Energy Services Reunited's financial position?
Financial Position Analysis
Short Term Liabilities: NESR's short term assets ($515.2M) exceed its short term liabilities ($359.4M).
Long Term Liabilities: NESR's short term assets ($515.2M) exceed its long term liabilities ($383.3M).
Debt to Equity History and Analysis
Debt Level: NESR's debt to equity ratio (42.2%) is considered high.
Reducing Debt: Insufficient data to determine if NESR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NESR's debt is well covered by operating cash flow (33.5%).
Interest Coverage: NESR's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is National Energy Services Reunited current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NESR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NESR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NESR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NESR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NESR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Sherif Foda (51 yo)
4.25yrs
Tenure
US$1,444,343
Compensation
Mr. Sherif Foda has been the Chairman and Chief Executive Officer of National Energy Services Reunited Corp. since January 23, 2017 and serves as its Executive Chairman. Mr. Foda was Chairman of National E...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Sherif's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Sherif's compensation with company performance.
Leadership Team
Experienced Management: NESR's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: NESR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
National Energy Services Reunited Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: National Energy Services Reunited Corp.
- Ticker: NESR
- Exchange: NasdaqCM
- Founded: 2017
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$1.111b
- Shares outstanding: 87.78m
- Website: https://www.nesr.com
Number of Employees
Location
- National Energy Services Reunited Corp.
- 777 Post Oak Boulevard
- 7th Floor
- Houston
- Texas
- 77056
- United States
Listings
Biography
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Serv...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 23:37 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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 here.