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Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
NCS Multistage Holdings, Inc. furnishes specialized engineered products and supportive services vital for completing oil and natural gas wells and executing field development strategies across the United States, Canada, and various international regions. Its array of offerings includes fracturing systems, featuring advanced components like casing-installed sliding sleeves, subsurface frac isolation assemblies, sand jet perforating tools, Accelus sliding sleeves, injection control devices, and repeat precision products. Additionally, the company provides chemical and radioactive tracer diagnostics, along with general well construction materials.
Detailed revenue, brand and relationship research has not yet been completed for NCSM.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
55
Fair
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
68
Fair
Financial Strength
80
Business Quality / Moat
51
Management
100
Growth Quality
37
Risk / Durability
55
Cheap for a Reason · Review the Risks
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
60
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
55/100
Building Historical Record
Model Score 55/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
WSS currently rates the company as mixed to moderately strong.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
What we like
•Balance-sheet / debt profile scores strongly
•Asset quality scores strongly
•Valuation scores attractively
•Recent buyback activity is present
What to watch
•M&A headline · Jul 9, 2026
•Revenue fundamentals are weak
Company-specific research
Questions worth answering for NCSM
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving NCSM's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•Is NCSM's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•How is NCSM likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•Is NCSM's valuation discount tied to a temporary concern or to a longer-term business risk?
•What does the current fundamental change risk warning mean for the reliability or interpretation of NCSM's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for NCSM
Detected from reported data — verify before acting.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
M&A headline · Jul 9, 2026
$HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger--NCSM, GBTG, LEG, and LPSN — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
+Product opportunity: NCS Multistage Holdings, Inc. furnishes specialized engineered products and supportive services vital for completing oil and natural gas wells and executing field development strategies across the United States, Canada, and various international regions. Its array of offerings includes fracturing systems, featuring advanced components like casing-installed sliding sleeves, subsurface frac isolation assemblies, sand jet perforating tools, Accelus sliding sleeves, injection control devices, and re.
+Positive free cash flow may provide capacity to invest in growth.
What the Bears Say
No strong bearish data point is currently available.
Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Fair55/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Elite
92
Debt Cost1.9%
Debt Reduction YoY11.5%
Debt / Equity0.10x
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Revenue
Poor
37
Revenue YoY-1.7%
Revenue CAGR13.9%
Net Margin7.6%
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Asset
Strong
73
Asset Growth YoY18.6%
Liquidation/Share$51.26
Net Assets/MCap1.21x
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Capital
Fair
68
Earnings Yield9.8%
Buyback Yield0.2%
Debt Cost1.9%
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Management
Elite
100
ROIC12.2%
ROE11.5%
ROA7.8%
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Moat
Fair
51
EPS Growth1.3%
FCF/Share Growth26.4%
Rev/Share Growth2.9%
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Valuation
Elite
100
Intrinsic Value$108.59
Value Reference$65.15
MOS0.5%
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Buffett
Strong
74
Revenue37
Moat51
Valuation100
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MOS
Elite
100
MOS %0.5%
Value Reference$65.15
Deep Discount Reference$43.44
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Financial
Poor
35
Interest Coverage47.0x
ROIC12.2%
FCF Yield15.0%
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Master
Fair
59
Financial35
Valuation100
Debt92
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Resilience
Strong
74
Survival Years0.8 yrs
Current Ratio4.27x
FCF Margin0.1%
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Score Changes
2 historical score records available
Previous Score
74
Jul 24, 2026
Change
-18.9
points
Current Score
55
Oct 1, 2026
Category Changes
Revenue-9.1
Debt0
Assets-4.0
Capital0
Management0
Moat0
Valuation+15.0
Buffett-0.9
NCSM decreased 18.9 points because Revenue declined by 9.1 points, Asset declined by 4 points.
Positive Contributors
+ Valuation improved by 15 points
Negative Contributors
− Revenue declined by 9.1 points
− Asset declined by 4 points
Projected Score
Projected Score
49
Projected Change
-6.0%
Preliminary comparable-period financial changes suggest decline of approximately 6.0 points. This is a projected estimate, not the official WallStreetScore.