Financials National Energy Services Reunited Corp.

Equities

NESR

VGG6375R1073

Oil Related Services and Equipment

Market Closed - OTC Markets 03:58:36 2024-05-22 pm EDT 5-day change 1st Jan Change
9.7 USD -1.02% Intraday chart for National Energy Services Reunited Corp. -3.00% +59.02%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 741 794.8 871.6 863.4 634 579.5
Enterprise Value (EV) 1 1,018 1,139 1,224 1,269 1,136 1,005
P/E ratio 12.6 x 20.3 x 17.7 x -13.3 x -17.7 x 46.9 x
Yield - - - - - -
Capitalization / Revenue 1.24 x 1.21 x 1.04 x 0.98 x 0.7 x 0.51 x
EV / Revenue 1.7 x 1.73 x 1.47 x 1.45 x 1.25 x 0.88 x
EV / EBITDA 5.14 x 7.12 x 6.46 x 16.1 x 9.88 x 4.51 x
EV / FCF -34.3 x -40.8 x 23.1 x 13.8 x -146 x 9.36 x
FCF Yield -2.91% -2.45% 4.32% 7.27% -0.68% 10.7%
Price to Book 0.89 x 0.9 x 0.92 x 1.05 x 0.81 x 0.71 x
Nbr of stocks (in thousands) 85,563 87,147 87,778 91,361 91,361 94,996
Reference price 2 8.660 9.120 9.930 9.450 6.940 6.100
Announcement Date 3/12/19 3/18/20 3/24/21 12/29/23 12/29/23 4/30/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 597.6 658.4 834.1 876.7 909.5 1,146
EBITDA 1 198.1 159.9 189.4 78.79 114.9 222.9
EBIT 1 125.4 71.81 68.63 -43.33 -0.917 80.7
Operating Margin 20.99% 10.91% 8.23% -4.94% -0.1% 7.04%
Earnings before Tax (EBT) 1 76.13 52.44 60.79 -60.58 -29.8 29.85
Net income 1 60.25 39.36 50.09 -64.57 -36.42 12.58
Net margin 10.08% 5.98% 6% -7.36% -4% 1.1%
EPS 2 0.6857 0.4500 0.5600 -0.7100 -0.3918 0.1300
Free Cash Flow 1 -29.65 -27.93 52.89 92.24 -7.766 107.5
FCF margin -4.96% -4.24% 6.34% 10.52% -0.85% 9.38%
FCF Conversion (EBITDA) - - 27.93% 117.07% - 48.21%
FCF Conversion (Net income) - - 105.6% - - 854.32%
Dividend per Share - - - - - -
Announcement Date 3/12/19 3/18/20 3/24/21 12/29/23 12/29/23 4/30/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 277 344 352 405 502 426
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.399 x 2.151 x 1.858 x 5.142 x 4.365 x 1.911 x
Free Cash Flow 1 -29.7 -27.9 52.9 92.2 -7.77 107
ROE (net income / shareholders' equity) 13.5% 4.58% 5.47% -7.31% -4.49% 1.55%
ROA (Net income/ Total Assets) 9.95% 3.13% 2.67% -1.54% -0.03% 2.78%
Assets 1 605.2 1,257 1,874 4,194 116,358 452.2
Book Value Per Share 2 9.710 10.20 10.80 9.020 8.530 8.650
Cash Flow per Share 2 0.2900 0.8400 0.8500 2.260 0.8400 0.7100
Capex 1 39.8 108 90.3 107 122 68.2
Capex / Sales 6.66% 16.39% 10.83% 12.21% 13.46% 5.95%
Announcement Date 3/12/19 3/18/20 3/24/21 12/29/23 12/29/23 4/30/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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