NCS Multistage Holdings (NCSM) Key Ratios
$48.82
As on 26-Aug-2026 16:00EDT
Market cap
$131 Mln
Revenue (TTM)
$182 Mln
P/E Ratio
10.1
P/B Ratio
1.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -15.94 | 5.24 | 3.45 | 4.73 | 14.15 |
| EBIT | -266.09 | -688.56 | -31.95 | 30.90 | -3.13 |
| Net Profit | -148.69 | -4,216.67 | -15.32 | 30.36 | -20.18 |
| EPS | -1,127.97 | -607.11 | 1.83 | 31.82 | 30.50 |
| Book Value | -- | -- | 19.83 | 6.68 | 2.80 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 4.21 | 2.11 | 5.21 | 9.24 | 5.33 |
| Net Margin
| -- | -2.31 | 7.60 | -- | -- |
| Return on equity
| 8.19 | 3.66 | 7.30 | 21.10 | 6.92 |
| Return on Capital
| 7.27 | 3.25 | -- | 18.80 | 6.03 |
| Return on Assets
| 5.46 | 2.44 | 7.13 | 14.22 | 4.33 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.10 | 0.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
18.80
|
6.03
|
-3.02
|
-1.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
7.30
Higher than Peers by 0.27
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
7.30
|
21.10
|
6.92
|
-3.45
|
-1.20
|
|
Peer Median
|
7.03
|
--
|
--
|
--
|
--
|
ROA
7.13
Higher than Peers by 3.49
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
7.13
|
14.22
|
4.33
|
-2.17
|
-0.78
|
|
Peer Median
|
3.64
|
--
|
--
|
--
|
--
|
EBIT Margin
5.21
Lower than Peers by 3.31
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
5.21
|
9.24
|
5.33
|
-1.94
|
0.27
|
|
Peer Median
|
8.51
|
--
|
--
|
--
|
--
|
Net Margin
7.60
Higher than Peers by 1.87
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
7.60
|
12.86
|
4.06
|
-2.21
|
-0.70
|
|
Peer Median
|
5.73
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
3.45
Higher than Peers by 0.05
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
3.45
|
0.14
|
0.14
|
-0.08
|
0.31
|
|
Peer Median
|
3.39
|
--
|
--
|
--
|
--
|
EBIT Growth
-31.95
Lower than Peers by 37.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
-31.95
|
96.94
|
414.40
|
-765.94
|
114.88
|
|
Peer Median
|
6.01
|
--
|
--
|
--
|
--
|
Net Profit Growth
-15.32
Lower than Peers by 12.11
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
-15.32
|
260.20
|
309.10
|
-186.12
|
76.72
|
|
Peer Median
|
-3.21
|
--
|
--
|
--
|
--
|
EPS Growth
1.83
Lower than Peers by 6.44
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
1.83
|
2.38
|
3.00
|
-1.80
|
0.77
|
|
Peer Median
|
8.27
|
--
|
--
|
--
|
--
|
Book Value Growth
14.89
Higher than Peers by 8.02
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
14.89
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.87
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
0.10
|
0.15
|
0.15
|
0.14
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
0.03
|
0.03
|
0.04
|
0.04
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.27
Higher than Peers by 2.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
4.27
|
4.27
|
4.15
|
3.22
|
4.95
|
|
Peer Median
|
2.02
|
--
|
--
|
--
|
--
|
Quick Ratio
2.65
Higher than Peers by 1.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
2.65
|
2.91
|
2.54
|
1.92
|
2.86
|
|
Peer Median
|
1.62
|
--
|
--
|
--
|
--
|
Interest Coverage
20.53
Higher than Peers by 16.12
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
20.53
|
68.01
|
20.94
|
-4.70
|
0.41
|
|
Peer Median
|
4.41
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
21.26
Higher than Peers by 1.13
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
21.26
|
23.90
|
22.55
|
30.20
|
20.29
|
|
Peer Median
|
20.13
|
--
|
--
|
--
|
--
|
Asset Turnover
0.94
Higher than Peers by 0.28
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
0.94
|
1.11
|
1.07
|
0.98
|
1.11
|
|
Peer Median
|
0.66
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
79.89
|
89.52
|
95.62
|
71.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
128.03
|
150.20
|
157.01
|
130.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
27.99
|
27.64
|
27.50
|
27.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
179.93
|
212.07
|
225.13
|
173.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.09
Lower than Peers by 23.04
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
10.09
|
4.66
|
10.35
|
-14.20
|
-55.63
|
|
Peer Median
|
33.13
|
--
|
--
|
--
|
--
|
Price / Book Value
1.10
Lower than Peers by 0.84
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
1.10
|
0.88
|
0.69
|
0.49
|
0.67
|
|
Peer Median
|
1.94
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.21
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
7.21
|
3.78
|
4.07
|
22.37
|
12.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
131
Lower than Peers by 25
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NCS Multistage Holdings (NCSM)
|
131
|
--
|
--
|
--
|
--
|
|
Peer Median
|
155
|
--
|
--
|
--
|
--
|