États financiers détaillés de Natural Gas Services Group, Inc. (NGS): compte de résultat, bilan et tableau de flux de trésorerie. Suivez l'évolution des marges, de la dette, de la liquidité et de la rentabilité d'une année sur l'autre avec jusqu'à 20 ans d'historique.
Résumé de l'Analyse
Natural Gas Services Group, Inc. a enregistré un chiffre d'affaires de $172.3M sur le dernier exercice, avec un CAGR sur 5 ans de 20.4%. Le résultat net a atteint $19.9M, avec un CAGR sur 5 ans de 61.6%.
Marges des 12 derniers mois: marge brute 44.2%, marge opérationnelle 23.1%, marge nette 10.8%.
Au prix actuel de $36.15, NGS se négocie à un PER de 22.83 et un ROE de 7.31%. La capitalisation boursière s'établit à $457M.
Compte de Résultat (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Revenus | $71.7M | $67.7M | $65.5M | $78.4M | $68.1M | $72.4M | $84.8M | $121.2M | $156.7M | $172.3M |
| Coût des Ventes | $53.7M | $56.0M | $55.7M | $67.6M | $60.6M | $70.8M | $70.5M | $89.0M | $100.1M | $108.4M |
| Marge Brute | $18.0M | $11.6M | $9.7M | $10.9M | $7.4M | $1.7M | $14.4M | $32.2M | $56.6M | $63.9M |
| R&D | $125000 | $125000 | $125000 | $125000 | 0 | 0 | 0 | $100000 | 0 | 0 |
| Frais Généraux | $9.0M | $10.1M | $9.1M | $10.7M | $10.6M | $10.8M | $13.9M | $16.9M | $21.0M | $22.3M |
| Charges Opérationnelles | $9.6M | $10.1M | $9.1M | $16.0M | $11.0M | $14.1M | $13.9M | $21.7M | $23.3M | $23.4M |
| Résultat Opérationnel | $8.4M | $1.6M | $638000 | -$4.5M | -$3.6M | -$12.4M | $431000 | $10.5M | $33.3M | $40.4M |
| EBITDA | $30.3M | $22.9M | $21.8M | $8.7M | $22.2M | $13.7M | $24.4M | $37.3M | $64.9M | $76.8M |
| Charges d'Intérêt | $8000 | $14000 | $69000 | $15000 | $14000 | $65000 | $364000 | $4.1M | $11.9M | $13.6M |
| Résultat Avant Impôts | $8.5M | $1.6M | $751000 | -$14.6M | -$3.0M | -$11.8M | -$41000 | $6.6M | $21.7M | $26.5M |
| Impôts | $2.0M | -$18.2M | $325000 | -$693000 | -$4.8M | -$2.6M | $528000 | $1.9M | $4.4M | $6.6M |
| Résultat Net | $6.5M | $19.9M | $426000 | -$13.9M | $1.8M | -$9.2M | -$569000 | $4.7M | $17.2M | $19.9M |
| BPA | $0.51 | $1.54 | $0.03 | $-1.06 | $0.14 | $-0.70 | $-0.05 | $0.39 | $1.39 | $1.59 |
| BPA Dilué | $0.50 | $1.51 | $0.03 | $-1.06 | $0.14 | $-0.70 | $-0.05 | $0.38 | $1.37 | $1.57 |
| Actions en Circulation (Diluées) | $12.9M | $13.1M | $13.0M | $13.1M | $13.3M | $13.1M | $12.3M | $12.4M | $12.6M | $12.7M |
Compte de Résultat (Trimestriel)
| Année | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Revenus | $43.4M | $46.1M | $48.5M | $51.4M |
| Marge Brute | $16.6M | $16.4M | $19.9M | $30.8M |
| Résultat Opérationnel | $10.7M | $9.7M | $13.4M | $9.9M |
| EBITDA | $19.9M | $19.4M | $23.3M | $41.6M |
| Résultat Net | $5.8M | $4.1M | $6.8M | $3.8M |
| BPA | $0.46 | $0.33 | $0.54 | $0.30 |
| BPA Dilué | $0.46 | $0.32 | $0.53 | $0.30 |
Bilan (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Trésorerie | $64.1M | $69.2M | $52.6M | $11.6M | $28.9M | $22.9M | $3.4M | $2.7M | $2.1M | 0 |
| Placements à Court Terme | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Créances | $7.4M | $8.5M | $7.2M | $9.1M | $11.9M | $21.9M | $26.2M | $50.7M | $26.9M | $32.6M |
| Stocks | $25.8M | $26.2M | $31.0M | $21.1M | $19.9M | $19.3M | $23.4M | $21.6M | $18.1M | $20.6M |
| Actifs Courants | $99.8M | $108.2M | $96.4M | $42.4M | $72.7M | $65.1M | $54.1M | $76.3M | $48.2M | $57.1M |
| Immobilisations Corporelles | $181.8M | $174.8M | $192.5M | $240.2M | $229.8M | $228.1M | $269.0M | $394.2M | $438.0M | $519.0M |
| Goodwill | $10.0M | $10.0M | $10.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Actifs Incorporels | $1.7M | $1.5M | $1.4M | $1.3M | $1.2M | $1.0M | $900000 | $775000 | 0 | 0 |
| Actifs Totaux | $293.5M | $298.3M | $305.4M | $286.6M | $306.8M | $306.5M | $328.2M | $478.7M | $492.5M | $586.8M |
| Dettes Fournisseurs | $971000 | $4.2M | $2.1M | $2.0M | $2.4M | $4.8M | $6.5M | $17.6M | $9.7M | $14.0M |
| Dette à Court Terme | $417000 | 0 | 0 | $417000 | $417000 | $68000 | 0 | 0 | 0 | 0 |
| Passifs Courants | $6.5M | $7.5M | $10.9M | $5.5M | $10.9M | $20.3M | $30.4M | $32.7M | $17.4M | $24.5M |
| Dette à Long Terme | 0 | $417000 | $417000 | 0 | 0 | 0 | $25.0M | $164.0M | $170.0M | $230.0M |
| Passifs Totaux | $60.6M | $41.0M | $45.2M | $38.9M | $55.3M | $70.6M | $98.2M | $242.8M | $237.5M | $312.1M |
| Réserves | $132.0M | $151.9M | $152.3M | $137.5M | $139.3M | $130.1M | $129.5M | $134.3M | $151.5M | $168.8M |
| Capitaux Propres | $233.0M | $257.3M | $260.2M | $247.7M | $251.5M | $235.9M | $230.1M | $235.9M | $255.1M | $274.7M |
| Dette Totale | $417000 | $417000 | $417000 | $1.0M | $900000 | $285000 | $25.3M | $165.3M | $170.2M | $230.5M |
| Dette Nette | -$63.7M | -$68.8M | -$52.2M | -$10.6M | -$28.0M | -$22.7M | $22.0M | $162.5M | $168.0M | $230.5M |
| Fonds de Roulement | $93.3M | $100.8M | $85.5M | $36.9M | $61.9M | $44.8M | $23.7M | $43.6M | $30.8M | $32.6M |
Bilan (Trimestriel)
| Année | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Trésorerie | 0 | 0 | $2.3M | $84000 |
| Actifs Totaux | $562.3M | $586.8M | $588.9M | $718.3M |
| Passifs Totaux | $290.9M | $312.1M | $308.4M | $423.9M |
| Capitaux Propres | $271.4M | $274.7M | $280.5M | $294.5M |
| Dette Totale | $208.0M | $230.5M | $226.5M | $328.0M |
Tableau de Flux (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Résultat Net | $6.5M | $19.9M | $426000 | -$13.9M | $1.8M | -$9.2M | -$569000 | $4.7M | $17.2M | $19.9M |
| Amortissements | $21.8M | $21.3M | $22.0M | $23.3M | $25.2M | $25.4M | $24.1M | $27.0M | $31.3M | $36.7M |
| Stock-based Compensation | $2.3M | $4.0M | $2.4M | $2.6M | $2.2M | 0 | $1.9M | $2.1M | $1.8M | $2.1M |
| Variation du BFR | $3.8M | -$6.4M | -$1.3M | $2.4M | -$1.5M | $10.3M | $1.3M | -$25.5M | $8.5M | -$7.9M |
| Cash Flow Opérationnel | $32.8M | $17.5M | $23.4M | $29.4M | $32.6M | $28.3M | $27.8M | $18.0M | $66.5M | $62.9M |
| CapEx | -$4.3M | -$13.5M | -$39.8M | -$69.9M | -$15.3M | -$25.7M | -$65.1M | -$153.9M | -$71.9M | -$121.5M |
| Acquisitions | $101000 | $87000 | $69000 | $30000 | 0 | $195000 | 0 | 0 | 0 | 0 |
| Rachat d'Actions | -$909000 | -$644000 | -$629000 | -$490000 | -$152000 | -$7.9M | -$6.7M | -$983000 | 0 | 0 |
| Dividendes Payés | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$2.6M |
| Free Cash Flow | $28.5M | $4.0M | -$16.4M | -$40.5M | $17.4M | $2.6M | -$37.4M | -$135.9M | -$5.4M | -$58.6M |
Tableau de Flux (Trimestriel)
| Année | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Cash Flow Opérationnel | $16.8M | $13.9M | $23.0M | $25.4M |
| CapEx | -$41.9M | -$34.6M | -$15.2M | -$18.8M |
| Free Cash Flow | -$25.1M | -$20.7M | $7.8M | $6.6M |
| Dividendes Payés | 0 | -$1.4M | -$1.4M | -$1.9M |
| Stock-based Compensation | $612000 | $576000 | $579000 | $851000 |
Croissance et Marges (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Croissance Revenus (annuelle) | | -5.5% | -3.3% | +19.8% | -13.2% | +6.4% | +17.1% | +42.8% | +29.4% | +9.9% |
| Croissance Résultat Net (annuelle) | | +206.9% | -97.9% | -3354.5% | +113.0% | -607.9% | +93.8% | +934.3% | +262.9% | +15.7% |
| Croissance BPA (annuelle) | | +202.0% | -97.9% | -3321.9% | +113.2% | -600.0% | +93.4% | +944.2% | +256.4% | +14.4% |
| Variation Actions (annuelle) | | +1.4% | -1.1% | +1.1% | +1.1% | -1.2% | -6.1% | +0.6% | +1.4% | +1.1% |
| Croissance FCF (annuelle) | | -86.1% | -513.2% | -147.5% | +142.9% | -85.2% | -1548.0% | -263.8% | +96.0% | -978.3% |
| Marge Brute | 25.1% | 17.2% | 14.9% | 13.9% | 10.9% | 2.3% | 16.9% | 26.5% | 36.1% | 37.1% |
| Marge Opérationnelle | 11.8% | 2.3% | 1.0% | -5.7% | -5.3% | -17.1% | 0.5% | 8.6% | 21.3% | 23.5% |
| Marge EBITDA | 42.2% | 33.9% | 33.2% | 11.1% | 32.7% | 18.9% | 28.8% | 30.7% | 41.4% | 44.5% |
| Marge Nette | 9.0% | 29.3% | 0.7% | -17.7% | 2.7% | -12.7% | -0.7% | 3.9% | 11.0% | 11.6% |
| Marge FCF | 39.7% | 5.9% | -25.0% | -51.7% | 25.6% | 3.6% | -44.0% | -112.2% | -3.5% | -34.0% |
| Taux d'Imposition Effectif | 23.6% | -1138.4% | 43.3% | 4.8% | 160.6% | 22.1% | -1287.8% | 28.3% | 20.5% | 24.9% |
Données par Action (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF par Action | $2.20 | $0.30 | $-1.26 | $-3.09 | $1.31 | $0.20 | $-3.04 | $-10.98 | $-0.43 | $-4.61 |
| Dividende par Action | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| Actions en Circulation (Basiques) | $12.7M | $12.8M | $13.0M | $13.1M | $13.2M | $13.1M | $12.3M | $12.3M | $12.4M | $12.5M |
Quoi regarder dans les entreprises de Energy
- FCF yield (>8%) — Cash généré / capitalisation. En énergie le FCF compte plus que l'EPS.
- ROIC moyen 5a (≥10%) — Inclure bonnes et mauvaises années pour filtrer les vraiment disciplinées.
- FCF positif sur 8 des 10 dernières années (≥8/10) — Les disciplinées (XOM, CVX, EOG) survivent aux crashes 2014-16 et 2020.
- Couverture du dividende (FCF / div) (≥1,2x) — Dividende couvert par FCF, pas par dette. <1x = coupe probable.
- Dette Nette / EBITDA (<2x au pic) — À regarder avec l'EBITDA en creux, pas au pic.
- Capex / Revenus (10-20% sain) — L'énergie nécessite un réinvestissement agressif pour maintenir les réserves.
Rentabilité
| Rentabilité des capitaux propres | 7.31% |
| Rentabilité du capital investi | 4.67% |
| Rentabilité des actifs | 2.85% |
| Marge brute | 44.21% |
| Marge opérationnelle | 23.08% |
| Marge nette | 10.81% |
Santé financière
| Dette / Capitaux propres | 1.11 |
| Ratio de liquidité | 2.12 |
Ratios Clés (10 ans)
| Année | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| PER | 63.04 | 17.01 | 499.70 | -11.57 | 67.71 | -14.96 | -248.05 | 41.23 | 19.28 | 21.16 |
| P/B | 1.75 | 1.31 | 0.82 | 0.65 | 0.50 | 0.58 | 0.61 | 0.84 | 1.30 | 1.54 |
| P/V | 5.70 | 4.97 | 3.26 | 2.05 | 1.84 | 1.89 | 1.66 | 1.63 | 2.12 | 2.45 |
| Marge Brute | 25.1% | 17.2% | 14.9% | 13.9% | 10.9% | 2.3% | 16.9% | 26.5% | 36.1% | 37.1% |
| Marge Opérationnelle | 11.8% | 2.3% | 1.0% | -5.7% | -5.3% | -17.1% | 0.5% | 8.6% | 21.3% | 23.5% |
| Marge Nette | 9.0% | 29.3% | 0.7% | -17.7% | 2.7% | -12.7% | -0.7% | 3.9% | 11.0% | 11.6% |