National Energy Services Reunited Corp. (NESR) is a publicly traded company in the Energy — Oil & Gas Equipment & Services industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
National Energy Services Reunited Corp. (NESR), established in 2017 with its headquarters in Houston, Texas, offers an extensive range of oilfield services to energy companies operating across the Middle East, North Africa, and Asia Pacific regions. The company's operations are divided into two main segments: Production Services, and Drilling and Evaluation Services.
Is National Energy Services Reunited Corp. stock overvalued or undervalued in 2026?
National Energy Services Reunited Corp. (NESR) trades at 23.3× earnings (P/E), against a median of 17.3× across the 140 energy companies above $2bn in Kaplio's universe. It trades at 100 times its average earnings over eight years; above 25 times, Graham's limit for the defensive investor, it is expensive.
Kaplio overview: National Energy Services Reunited Corp.
Market cap $2B · 52 weeks $12 – $36 (41 % below the high) · P/E 23.3× · 2027 expected P/E 8.1× · Dividend none · Next earnings November 12, 2026 · expected EPS $0.36 · Closing price, Oct 30 · accounts published Aug 10.
- Valuation: P/E 23.3× (expensive).
- Business: 5-year ROIC 2.7 % (weak).
- Balance sheet: Net debt/EBITDA 1.0× (solid).
- Earnings: 6 of 8 (uneven).
It trades at 100 times its average earnings over eight years; above 25 times, Graham's limit for the defensive investor, it is expensive.
What matters in energy: 5 of 7 pass
- 5y avg ROIC 2.7 %, fails.
- Positive FCF through the cycle 6 de 10 ejercicios, fails.
- FCF yield 11.9 %, passes.
- Net debt / EBITDA 1.0×, passes.
- Capex / Revenue 10.8 %, passes.
- P/E read in reverse (cyclicals) 23.3×, passes.
- EV/EBITDA vs own 10y 7.9×, passes.
Against its peers (reference peers) — National Energy Services Reunited Corp.: P/E 23.3×; EV/EBITDA 8.0×; ROIC 8.5 %; $2.1B. Halliburton Company (P/E 15.1×; EV/EBITDA 9.0×; ROIC 11.7 %; $29.9B), Select Water Solutions, Inc. (P/E 73.4×; EV/EBITDA 11.8×; ROIC 3.6 %; $2.5B), Liberty Energy Inc. (P/E 69.6×; EV/EBITDA 8.5×; ROIC 1.2 %; $2.8B).
Profitability
| Return on Equity | 9.43% |
| Return on Invested Capital | 8.54% |
| Return on Assets | 4.45% |
| Gross Margin | 12.50% |
| Operating Margin | 9.34% |
| Net Margin | 5.77% |
Financial Health
| Debt / Equity | 0.29 |
| Current Ratio | 1.02 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 2.00 |
Price Performance
| 1 month | -13.62% |
| 3 months | -23.29% |
| Year-to-date | +36.08% |
| 1 year | +68.86% |
| 3 years | +255.17% |
| 5 years | +84.98% |
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Explore sector: Energy · Oil & Gas Equipment & Services
More sections of NESR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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