Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Natural Gas Services GroupNGS -3.65%78 Debt-to-EBITDA is 2.47 as of Mar. 2026, which is 2988% above its 10-year median of 0.08. GuruFocus rates NGS with a GF Score™ of 78/100 and a GF Value™ of $28.47 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 705 Oil & Gas companies, Natural Gas Services Group ranks worse than 61.84% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Natural Gas Services Group's Debt-to-EBITDA or its related term are showing as below:
NGS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 4.41
Current: 2.8
During the past 13 years, the highest Debt-to-EBITDA Ratio of Natural Gas Services Group was 4.41. The lowest was 0.01. And the median was 0.08.
NGS's Debt-to-EBITDA is ranked worse than 61.84% of 705
companies
in the Oil & Gas industry
Industry Median: 2.01
vs NGS: 2.80
Natural Gas Services Group (NYSE:NGS) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Natural Gas Services Group Debt-to-EBITDA Related Terms
Natural Gas Services Group Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Natural Gas Services Group Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Natural Gas Services Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Natural Gas Services Group's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Natural Gas Services Group (NGS) has a Debt-to-EBITDA of 2.47 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Natural Gas Services Group. This is 2988% above median its historical median of 0.08. Over the past decade, Natural Gas Services Group's Debt-to-EBITDA has ranged from 0.01 to 4.41. According to the industry distribution chart, Natural Gas Services Group ranks #436 out of 705 companies in the Oil & Gas industry, placing it in the top 61.8%.
Is Natural Gas Services Group's Debt-to-EBITDA too high?
Natural Gas Services Group's current Debt-to-EBITDA of 2.47 is 2988% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.41. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Natural Gas Services Group's value of 2.47 is 22.9% above this industry median. Based on the distribution chart, Natural Gas Services Group ranks #436 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Natural Gas Services Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Gas Services Group's Debt-to-EBITDA compare to FET and EROK?
According to the Oil & Gas industry distribution chart, Natural Gas Services Group ranks #436 out of 705 companies for Debt-to-EBITDA. This places Natural Gas Services Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Natural Gas Services Group's value of 2.47 is 22.9% above this benchmark. Historically, Natural Gas Services Group's own Debt-to-EBITDA has ranged from 0.01 to 4.41 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 2.01, Natural Gas Services Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Gas Services Group's current Debt-to-EBITDA of 2.47 is 22.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Natural Gas Services Group. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Gas Services Group's current Debt-to-EBITDA is 2.47, which is 2988% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Gas Services Group stock overvalued right now?
Based on GuruFocus' analysis, Natural Gas Services Group (NGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.47, compared to a current price of $39.61 — trading 39.1% above its estimated fair value. The current Debt-to-EBITDA is 2.47, which is 2988% above median its 10-year median of 0.08 and 22.9% above the Oil & Gas industry median of 2.01. Natural Gas Services Group's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Natural Gas Services Group (NGS), the current Debt-to-EBITDA is 2.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Gas Services Group (NGS) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Gas Services Group stock appears to be overvalued.
The current stock price of $39.61 is trading 39.1% above its estimated GF Value™ of $28.47.
GuruFocus considers Natural Gas Services Group to be Significantly Overvalued.
Key valuation signals for NGS:
Debt-to-EBITDA: 2.47 (2988% above median its 10-year median of 0.08)
GF Value™: $28.47 vs. price of $39.61 (39.1% above fair value)
Industry Position: 22.9% above the Oil & Gas median (#436 of 705)
No single metric tells the full story. See the NGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufactures, fabricates, rents, sells, and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Rental, Sales, and Aftermarket services. It operates in one reporting segment. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
78GF Score
Get the complete analysis for NGS
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGS has been successfully added to your 
