Kodiak Gas Services, Inc.

NYSE:KGS Stock Report

Market Cap: US$3.4b

Kodiak Gas Services Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KGS ($39.1) is trading above our estimate of fair value ($34.14)

Significantly Below Fair Value: KGS is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As KGS is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KGS. This is calculated by dividing KGS's market cap by their current revenue.
What is KGS's PS Ratio?
PS Ratio3.2x
SalesUS$1.08b
Market CapUS$3.37b

Price to Sales Ratio vs Peers

How does KGS's PS Ratio compare to its peers?

The above table shows the PS ratio for KGS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
LBRT Liberty Energy
0.6x0.9%US$2.9b
USAC USA Compression Partners
3x5.2%US$2.8b
OII Oceaneering International
1.1x6.9%US$2.8b
AROC Archrock
3.9x13.3%US$4.3b
KGS Kodiak Gas Services
3.2x12.8%US$3.4b

Price-To-Sales vs Peers: KGS is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does KGS's PS Ratio compare vs other companies in the US Energy Services Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
KLXE KLX Energy Services Holdings
0.1x3.4%US$97.65m
NINE Nine Energy Service
0.09x3.0%US$49.99m
ICDI Independence Contract Drilling
0.01x6.9%US$2.61m
ENSV Enservco
0.1xn/aUS$2.52m
KGS 3.2xIndustry Avg. 0.9xNo. of Companies9PS00.61.21.82.43+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: KGS is expensive based on its Price-To-Sales Ratio (3.2x) compared to the US Energy Services industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

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

KGS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: KGS is expensive based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (2x).

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 KGS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$39.10
US$35.52
-9.2%
9.8%US$41.00US$31.00n/a12
Nov ’25US$31.13
US$33.60
+7.9%
4.8%US$36.00US$31.00n/a12
Oct ’25US$29.21
US$32.56
+11.5%
6.5%US$35.20US$29.00n/a11
Sep ’25US$27.75
US$31.78
+14.5%
6.8%US$35.00US$29.00n/a9
Aug ’25US$27.88
US$30.44
+9.2%
5.2%US$33.00US$28.00n/a9
Jul ’25US$27.11
US$30.25
+11.6%
4.6%US$32.00US$28.00n/a8
Jun ’25US$27.55
US$30.25
+9.8%
4.6%US$32.00US$28.00n/a8
May ’25US$26.36
US$28.75
+9.1%
3.8%US$31.00US$28.00n/a8
Apr ’25US$27.72
US$28.00
+1.0%
4.0%US$30.00US$26.00n/a8
Mar ’25US$26.00
US$25.38
-2.4%
6.8%US$29.00US$23.00n/a8
Feb ’25US$23.22
US$24.75
+6.6%
7.8%US$29.00US$22.00n/a8
Jan ’25US$20.08
US$24.38
+21.4%
8.2%US$29.00US$22.00n/a8
Dec ’24US$17.76
US$24.22
+36.4%
8.9%US$29.00US$21.00n/a9
Nov ’24US$17.17
US$24.22
+41.1%
8.2%US$29.00US$22.00US$31.139
Oct ’24US$17.88
US$24.33
+36.1%
8.2%US$29.00US$22.00US$29.219
Sep ’24US$18.48
US$24.25
+31.2%
8.7%US$29.00US$22.00US$27.758
Aug ’24US$18.69
US$23.63
+26.4%
12.0%US$29.00US$19.00US$27.888

Analyst Forecast: Target price is lower than the current share price.

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