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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Nine Energy Service's Debt-to-Equity or its related term are showing as below:
FRA:NEJ'
s Debt-to-Equity Range Over the Past 10 Years
Min: -36.53 Med: -1.55 Max: 25.32
Current: 1
During the past 11 years, the highest Debt-to-Equity Ratio of Nine Energy Service was 25.32. The lowest was -36.53. And the median was -1.55.
FRA:NEJ's Debt-to-Equity is ranked worse than 73.23% of 807
companies
in the Oil & Gas industry
Industry Median: 0.46
vs FRA:NEJ: 1.00
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Nine Energy Service Debt-to-Equity Related Terms
Nine Energy Service Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nine Energy Service's Debt-to-Equity can be seen below:
* 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.
FRA:NEJ vs STAK, OMSE, DWSN: Debt-to-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Nine Energy Service's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Nine Energy Service Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nine Energy Service's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nine Energy Service's Debt-to-Equity 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.
Nine Energy Service (FRA:NEJ) has a Debt-to-Equity of 1.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nine Energy Service and its competitors. According to the industry distribution chart, Nine Energy Service ranks #591 out of 807 companies in the Oil & Gas industry, placing it in the top 73.2%.
Is Nine Energy Service's Debt-to-Equity too high?
Nine Energy Service's current Debt-to-Equity is 1.00. The Oil & Gas industry median Debt-to-Equity is 0.46. Nine Energy Service's value of 1.00 is 117.4% above this industry median. Based on the distribution chart, Nine Energy Service ranks #591 out of 807 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Nine Energy Service has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nine Energy Service's Debt-to-Equity compare to STAK and OMSE?
According to the Oil & Gas industry distribution chart, Nine Energy Service ranks #591 out of 807 companies for Debt-to-Equity. This places Nine Energy Service in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Nine Energy Service's value of 1.00 is 117.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 807 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nine Energy Service's current Debt-to-Equity of 1.00 is 117.4% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nine Energy Service and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Energy Service's current Debt-to-Equity is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Energy Service stock overvalued right now?
Nine Energy Service (FRA:NEJ) has a current Debt-to-Equity of 1.00. The stock's GF Value™ is €46.16, compared to a current price of €0.45 — trading 99% below its estimated fair value. The current Debt-to-Equity is 1.00 and 117.4% above the Oil & Gas industry median of 0.46. Nine Energy Service's overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nine Energy Service (FRA:NEJ), the current Debt-to-Equity is 1.00 as of Jun. 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 Nine Energy Service (FRA:NEJ) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Energy Service stock appears to be undervalued.
The current stock price of €0.45 is trading 99% below its estimated GF Value™ of €46.16.
Key valuation signals for FRA:NEJ:
Debt-to-Equity: 1.00
GF Value™: €46.16 vs. price of €0.45 (99% below fair value)
Industry Position: 117.4% above the Oil & Gas median (#591 of 807)
No single metric tells the full story. See the FRA:NEJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a well to produce oil and gas and must be completed in order for a well to begin producing hydrocarbons. It operates in the U.S, Canada, and other countries where the majority of the revenue is generated from the United States.
28GF Score
Get the complete analysis for FRA:NEJ
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