National Energy Services Reunited Corp. - Ordinary Shares (NESR): Price and Financial Metrics

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NESR Price/Volume Stats

National Energy Services Reunited Corp. - Ordinary Shares (NESR) Company Bio

National Energy Services Reunited Corp. provides oilfield services in the Middle East, North Africa, and the Asia Pacific regions. It helps its customers unlock the potential of reservoirs by providing production services, such as cementing, coiled tubing, filtration, completions, stimulation and fracturing, and nitrogen services. The company also helps its customers to access the reservoirs by providing drilling and evaluation services, including drilling downhole tools, directional drilling fishing tools, and testing services, as well as wireline, slickline, fluids, and rig services. National Energy Services Reunited Corp. was founded in 2017 and is based in Houston, Texas.

NESR Price Forecast Based on DCF Valuation

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for National Energy Services Reunited Corp. To summarize, we found that National Energy Services Reunited Corp ranked in the 92th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1519.67% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for NESR, they are:

• Its compound free cash flow growth rate, as measured over the past 2.86 years, is 1.25% -- higher than 92.33% of stocks in our DCF forecasting set.
• The company has produced more trailing twelve month cash flow than just 24.1% of its sector Energy.
• National Energy Services Reunited Corp's weighted average cost of capital (WACC) is 9%; for context, that number is higher than merely 11.56% of tickers in our DCF set.

Want more companies with a valuation profile/forecast similar to that of National Energy Services Reunited Corp? See EURN, GLNG, HESM, SNMP, and GLOP.