NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States and internationally. The company was founded in 2006 and is based in Houston, Texas.
NCSM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for NCS Multistage Holdings Inc. To summarize, we found that NCS Multistage Holdings Inc ranked in the 88th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for NCSM, they are:
NCS Multistage Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -40.71. This coverage rate is greater than that of only 3.5% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, NCS Multistage Holdings Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Energy), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
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NCSM Has Some Recovery To Make The sharp drop in fracking activity is the most impending challenge NCS Multistage Holdings (NCSM) faces in the near-term. The company’s tracer diagnostics products underperformed during Q1, which triggered a significant impairment charge. On the other hand, market share gains in fracturing systems in...
NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NCSM) will host a conference call to discuss its first quarter 2020 results on Thursday, May 7, 2020 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). NCS will issue its first quarter 2020 earnings release the evening prior to the conference call. To join the conference call from within the United States, participants may dial (844) 400-1696.
NCS Multistage Holdings, Inc. (the “Company,” “NCS,” “we” or “us”) (NCSM) today announced immediate actions taken in response to current global market conditions which have been impacted by the effect of COVID-19 on economic activity, reduced demand for crude oil, refined products and natural gas and recently-announced reductions in drilling and completion activity by E&P companies. As a result, the Company is withdrawing guidance related to the first quarter and full year 2020 provided in our earnings call on March 3, 2020, and as such, investors should no longer rely on that guidance. The Company is not providing an updated outlook at this time.