Added to YB: 2026-06-03
Pitch date: 2026-06-01
NCSM [bullish]
NCS Multistage Holdings, Inc.
+6.1%
current return
Author Info
Stock Pursuit researches domestic deep value equities below net cash, net current asset value or net tangible assets. Sign up for the newsletter.
Company Info
NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally.
Market Cap
$122.1M
Pitch Price
$52.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.57
P/E
6.57
EV/Sales
0.66
Sector
Energy Equipment and Services
Category
value
NCS Multistage NCSM Quarter
NCSM (added to position): Stock -50% on quarterly miss seen as overreaction. At $42 (~$110M mkt cap) vs $105M NTAV, near deep value. Q EPS -$0.14 vs $1.51 YoY on Canada weather/seasonal slowdown + deferrals; US rev +100% YoY. Raised sales guidance, kept EBITDA guide, +FCF. Margins dip to 35% next Q on Mid-East/Canada, but recovery H2 2026 via ResMetrics synergies. Buying dips below NTAV.
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