NESR (National Energy Services Reunited) EV-to-EBITDA: 12.12 (As of Jul. 26, 2026) — 43% Above Median

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NESR National Energy Services Reunited Corp NESR
62 GF Score
Price $27.62
GF Value $10.95
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is National Energy Services Reunited EV-to-EBITDA?

National Energy Services Reunited NESR -0.90% 62 EV-to-EBITDA is 12.12 as of Jul. 26, 2026, which is 43% above its 10-year median of 8.45. GuruFocus rates NESR with a GF Score™ of 62/100 and a GF Value™ of $10.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 761 Oil & Gas companies, National Energy Services Reunited ranks worse than 72.54% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, National Energy Services Reunited's enterprise value is $3,005 Mil. National Energy Services Reunited's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $248 Mil. Therefore, National Energy Services Reunited's EV-to-EBITDA for today is 12.12.

The historical rank and industry rank for National Energy Services Reunited's EV-to-EBITDA or its related term are showing as below:

NESR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.07   Med: 8.45   Max: 80.18
Current: 12.12

During the past 9 years, the highest EV-to-EBITDA of National Energy Services Reunited was 80.18. The lowest was 3.07. And the median was 8.45.

NESR's EV-to-EBITDA is ranked worse than
72.54% of 761 companies
in the Oil & Gas industry
Industry Median: 7.68 vs NESR: 12.12

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 (2026-07-26), National Energy Services Reunited's stock price is $27.62. National Energy Services Reunited's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.650. Therefore, National Energy Services Reunited's PE Ratio (TTM) for today is 42.49.

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


National Energy Services Reunited  (NAS:NESR) 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.

National Energy Services Reunited's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.62/0.650
=42.49

National Energy Services Reunited's share price for today is $27.62.
National Energy Services Reunited's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.650.

* 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?


National Energy Services Reunited EV-to-EBITDA Related Terms


National Energy Services Reunited EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for National Energy Services Reunited'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.

National Energy Services Reunited EV-to-EBITDA Chart

National Energy Services Reunited Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 16.34 9.49 4.57 4.18 7.61

National Energy Services Reunited Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.68 3.05 5.15 7.61 9.62

NESR vs WTTR, TDW, AESI: EV-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, National Energy Services Reunited'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.


National Energy Services Reunited EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Energy Services Reunited's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where National Energy Services Reunited's EV-to-EBITDA falls into.


NESR
62GF Score
National Energy Services Reunited Corp NESR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Energy Services Reunited EV-to-EBITDA Calculation

National Energy Services Reunited's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3004.507/247.868
=12.12

National Energy Services Reunited's current Enterprise Value is $3,005 Mil.
National Energy Services Reunited's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $248 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 12.12 mean?
National Energy Services Reunited (NESR) has a EV-to-EBITDA of 12.12 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on National Energy Services Reunited. This is 43% above median its historical median of 8.45. Over the past decade, National Energy Services Reunited's EV-to-EBITDA has ranged from 3.07 to 80.18. According to the industry distribution chart, National Energy Services Reunited ranks #552 out of 761 companies in the Oil & Gas industry, placing it in the top 72.5%.
Is National Energy Services Reunited's EV-to-EBITDA too high?
National Energy Services Reunited's current EV-to-EBITDA of 12.12 is 43% above median its 10-year median of 8.45. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 80.18. The Oil & Gas industry median EV-to-EBITDA is 7.68. National Energy Services Reunited's value of 12.12 is 57.8% above this industry median. Based on the distribution chart, National Energy Services Reunited ranks #552 out of 761 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Energy Services Reunited has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Energy Services Reunited's EV-to-EBITDA compare to WTTR and TDW?
According to the Oil & Gas industry distribution chart, National Energy Services Reunited ranks #552 out of 761 companies for EV-to-EBITDA. This places National Energy Services Reunited in the lower half of its industry. The industry median EV-to-EBITDA is 7.68. National Energy Services Reunited's value of 12.12 is 57.8% above this benchmark. Historically, National Energy Services Reunited's own EV-to-EBITDA has ranged from 3.07 to 80.18 over the past decade. While the company's 10-year median is 8.45 vs. the industry median of 7.68, National Energy Services Reunited 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 7.68, based on 761 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. National Energy Services Reunited's current EV-to-EBITDA of 12.12 is 57.8% 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 National Energy Services Reunited. For the Oil & Gas industry, the median EV-to-EBITDA is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Energy Services Reunited's current EV-to-EBITDA is 12.12, which is 43% above median its own 10-year median of 8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Energy Services Reunited stock overvalued right now?
Based on GuruFocus' analysis, National Energy Services Reunited (NESR) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.95, compared to a current price of $27.62 — trading 152.2% above its estimated fair value. The current EV-to-EBITDA is 12.12, which is 43% above median its 10-year median of 8.45 and 57.8% above the Oil & Gas industry median of 7.68. National Energy Services Reunited's overall GF Score™ is 62/100 with 6 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 National Energy Services Reunited (NESR), the current EV-to-EBITDA is 12.12 as of Jul. 26, 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 National Energy Services Reunited (NESR) Overvalued in 2026?

Based on GuruFocus' analysis, National Energy Services Reunited stock appears to be overvalued. The current stock price of $27.62 is trading 152.2% above its estimated GF Value™ of $10.95. GuruFocus considers National Energy Services Reunited to be Significantly Overvalued.

Key valuation signals for NESR:

  • EV-to-EBITDA: 12.12 (43% above median its 10-year median of 8.45)
  • GF Value™: $10.95 vs. price of $27.62 (152.2% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 57.8% above the Oil & Gas median (#552 of 761)

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


National Energy Services Reunited Business Description

Industry EnergyOil & Gas
Address 777 Post Oak Boulevard, Suite 730, 7th Floor, Houston, TX, USA, 77056
National Energy Services Reunited Corp is an oilfield services provider in the Middle East and North Africa (MENA) region serving oil and natural gas companies. It provides upstream and midstream oilfield services, including hydraulic fracturing, coiled tubing, stimulation and pumping, cementing, as well as drilling and evaluation services such as rigs, directional drilling, drilling and completion fluids, pressure control, and well testing. Its segments are Production Services, which includes services during the completion and production stages of a well's lifecycle and generates maximum revenue, and Drilling and Evaluation Services, which includes services related to drilling operations during the well construction stage. The majority of revenue is generated from the MENA region.
62GF Score

Get the complete analysis for NESR

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

$27.62
Price
$10.95
GF Value