NCS Multistage Holdings, Inc. (NCSM)
Energy · NCM
Fundamentals
Valuation and ratings
NCS Multistage Holdings, Inc. trades at USD47.23, which is 26% below the USD59.50 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 44 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 6.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
NCSM dividend history
No individual payments are on record for this listing, so the current facts above are all we can honestly show.
NCSM earnings and analyst estimates
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About NCS Multistage Holdings, Inc.
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. The company provides fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products, as well as enhanced recovery products, such as sliding sleeve and Terrus system, an injection control device; repeat precision products comprising composite and dissolvable frac plugs and bridge plugs, setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves. It offers its products and services primarily to exploration and production companies for use in onshore and offshore wells through technically-trained sales force, operating partners, and representatives. The company was formerly known as Pioneer Super Holdings, Inc. and changed its name to NCS Multistage Holdings, Inc. in December 2016. NCS Multistage Holdings, Inc. was founded in 2006 and is headquartered in Houston, Texas.
NCSM passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Marshall Wace, MARSHALL WACE, LLP$1.97M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$788.1K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$454.3K · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$305.5K · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$290.2K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is NCS Multistage Holdings, Inc. (NCSM) undervalued?
Against our discounted cash flow estimate of USD59.50, NCSM at USD47.23 is 26% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own NCSM?
5 of the institutions we track reported a position in NCSM in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is NCSM's P/E ratio?
NCSM trades at 6.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does NCSM report earnings next?
NCS Multistage Holdings, Inc. is scheduled to report on 30 Jul 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for NCSM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.