NCSM (NCS Multistage Holdings) EV-to-EBITDA: 8.43 (As of Aug. 24, 2026) — 48% Above Median

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NCSM NCS Multistage Holdings Inc NCSM
66 GF Score
Price $49.83
GF Value $31.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is NCS Multistage Holdings EV-to-EBITDA?

NCS Multistage Holdings NCSM -1.03% 66 EV-to-EBITDA is 8.43 as of Aug. 24, 2026, which is 48% above its 10-year median of 5.68. GuruFocus rates NCSM with a GF Score™ of 66/100 and a GF Value™ of $31.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 776 Oil & Gas companies, NCS Multistage Holdings ranks worse than 56.31% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NCS Multistage Holdings's enterprise value is $132.8 Mil. NCS Multistage Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $15.7 Mil. Therefore, NCS Multistage Holdings's EV-to-EBITDA for today is 8.43.

The historical rank and industry rank for NCS Multistage Holdings's EV-to-EBITDA or its related term are showing as below:

NCSM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -7.92   Med: 5.68   Max: 422.5
Current: 8.43

During the past 11 years, the highest EV-to-EBITDA of NCS Multistage Holdings was 422.50. The lowest was -7.92. And the median was 5.68.

NCSM's EV-to-EBITDA is ranked worse than
56.31% of 776 companies
in the Oil & Gas industry
Industry Median: 7.63 vs NCSM: 8.43

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-24), NCS Multistage Holdings's stock price is $49.83. NCS Multistage Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.860. Therefore, NCS Multistage Holdings's PE Ratio (TTM) for today is 10.25.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


NCS Multistage Holdings  (NAS:NCSM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

NCS Multistage Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=49.83/4.860
=10.25

NCS Multistage Holdings's share price for today is $49.83.
NCS Multistage Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.860.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


NCS Multistage Holdings EV-to-EBITDA Related Terms


NCS Multistage Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NCS Multistage Holdings's EV-to-EBITDA 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.

NCS Multistage Holdings EV-to-EBITDA Chart

NCS Multistage Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.44 15.86 31.30 5.08 4.08

NCS Multistage Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.16 7.22 4.08 7.71 7.48

NCSM vs DWSN, GEOS, DTI: EV-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-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.


NCS Multistage Holdings EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NCS Multistage Holdings's EV-to-EBITDA falls into.


NCSM
66GF Score
NCS Multistage Holdings Inc NCSM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCS Multistage Holdings EV-to-EBITDA Calculation

NCS Multistage Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=132.782/15.748
=8.43

NCS Multistage Holdings's current Enterprise Value is $132.8 Mil.
NCS Multistage Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.7 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.43 mean?
NCS Multistage Holdings (NCSM) has a EV-to-EBITDA of 8.43 as of Aug. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NCS Multistage Holdings. This is 48% above median its historical median of 5.68. According to the industry distribution chart, NCS Multistage Holdings ranks #437 out of 776 companies in the Oil & Gas industry, placing it in the top 56.3%.
Is NCS Multistage Holdings' EV-to-EBITDA too high?
NCS Multistage Holdings' current EV-to-EBITDA of 8.43 is 48% above median its 10-year median of 5.68. The Oil & Gas industry median EV-to-EBITDA is 7.63. NCS Multistage Holdings' value of 8.43 is 10.5% above this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #437 out of 776 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NCS Multistage Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS Multistage Holdings' EV-to-EBITDA compare to DWSN and GEOS?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #437 out of 776 companies for EV-to-EBITDA. This places NCS Multistage Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 7.63. NCS Multistage Holdings' value of 8.43 is 10.5% above this benchmark. While the company's 10-year median is 5.68 vs. the industry median of 7.63, NCS Multistage Holdings 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 EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.63, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NCS Multistage Holdings's current EV-to-EBITDA of 8.43 is 10.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NCS Multistage Holdings. For the Oil & Gas industry, the median EV-to-EBITDA is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS Multistage Holdings's current EV-to-EBITDA is 8.43, which is 48% above median its own 10-year median of 5.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCS Multistage Holdings stock overvalued right now?
Based on GuruFocus' analysis, NCS Multistage Holdings (NCSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.00, compared to a current price of $49.83 — trading 60.7% above its estimated fair value. The current EV-to-EBITDA is 8.43, which is 48% above median its 10-year median of 5.68 and 10.5% above the Oil & Gas industry median of 7.63. NCS Multistage Holdings' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For NCS Multistage Holdings (NCSM), the current EV-to-EBITDA is 8.43 as of Aug. 24, 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 NCS Multistage Holdings (NCSM) Overvalued in 2026?

Based on GuruFocus' analysis, NCS Multistage Holdings stock appears to be overvalued. The current stock price of $49.83 is trading 60.7% above its estimated GF Value™ of $31.00. GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.

Key valuation signals for NCSM:

  • EV-to-EBITDA: 8.43 (48% above median its 10-year median of 5.68)
  • GF Value™: $31.00 vs. price of $49.83 (60.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 10.5% above the Oil & Gas median (#437 of 776)

No single metric tells the full story. See the NCSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCS Multistage Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges MUH0:Germany
Address 19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc is a provider of engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completion, and field development strategies. The company provides its products and services to E&P companies for use in onshore and offshore wells, predominantly those drilled with horizontal laterals in unconventional and conventional oil and natural gas formations. It also provides tracer diagnostics services and sells products for well construction including casing buoyancy systems, liner hanger systems and toe initiation sleeves, along with certain complementary products from third parties. The company operates in the United States, Canada and other countries, with the majority of its revenue generated from Canada.
66GF Score

Get the complete analysis for NCSM

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$49.83
Price
$31.00
GF Value