NCS Multistage HoldingsFRA:MUH0 60 EV-to-FCF is 5.10 as of Jul. 09, 2026, which is 46% below its 10-year median of 9.45. GuruFocus rates FRA:MUH0 with a GF Score™ of 60/100 and a GF Value™ of €20.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 576 Oil & Gas companies, NCS Multistage Holdings ranks better than 85.76% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NCS Multistage Holdings's Enterprise Value is €102.9 Mil.
NCS Multistage Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €20.2 Mil. Therefore, NCS Multistage Holdings's EV-to-FCF for today is 5.10.
The historical rank and industry rank for NCS Multistage Holdings's EV-to-FCF or its related term are showing as below:
FRA:MUH0'
s EV-to-FCF Range Over the Past 10 Years
Min: -166.92 Med: 9.45 Max: 3719.94
Current: 4.97
During the past 11 years, the highest EV-to-FCF of NCS Multistage Holdings was 3719.94. The lowest was -166.92. And the median was 9.45.
FRA:MUH0's EV-to-FCF is ranked better than 85.76% of 576
companies
in the Oil & Gas industry
Industry Median: 15.47
vs FRA:MUH0: 4.97
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
NCS Multistage Holdings's share price for today is €37.00.
NCS Multistage Holdings'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 €5.901.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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:MUH0 vs QSEP, GEOS, STAK: EV-to-FCF Comparison
For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings's EV-to-FCF falls into.
NCS Multistage Holdings's current Enterprise Value is €102.9 Mil.
NCS Multistage Holdings's Free Cash Flow 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 €20.2 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.
NCS Multistage Holdings (FRA:MUH0) has a EV-to-FCF of 5.10 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NCS Multistage Holdings and its competitors. This is 46% below median its historical median of 9.45. According to the industry distribution chart, NCS Multistage Holdings ranks #82 out of 576 companies in the Oil & Gas industry, placing it in the top 14.2%.
Is NCS Multistage Holdings' EV-to-FCF too high?
NCS Multistage Holdings' current EV-to-FCF of 5.10 is 46% below median its 10-year median of 9.45. The Oil & Gas industry median EV-to-FCF is 15.47. NCS Multistage Holdings' value of 5.10 is 67% below this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #82 out of 576 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NCS Multistage Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS Multistage Holdings' EV-to-FCF compare to QSEP and GEOS?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #82 out of 576 companies for EV-to-FCF. This places NCS Multistage Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.47. NCS Multistage Holdings' value of 5.10 is 67% below this benchmark. While the company's 10-year median is 9.45 vs. the industry median of 15.47, NCS Multistage Holdings has consistently been below 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-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.47, based on 576 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NCS Multistage Holdings's current EV-to-FCF of 5.10 is 67% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NCS Multistage Holdings and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS Multistage Holdings's current EV-to-FCF is 5.10, which is 46% below median its own 10-year median of 9.45. 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 (FRA:MUH0) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.97, compared to a current price of €37.00 — trading 76.4% above its estimated fair value. The current EV-to-FCF is 5.10, which is 46% below median its 10-year median of 9.45 and 67% below the Oil & Gas industry median of 15.47. NCS Multistage Holdings' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For NCS Multistage Holdings (FRA:MUH0), the current EV-to-FCF is 5.10 as of Jul. 09, 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 (FRA:MUH0) Overvalued in 2026?
Based on GuruFocus' analysis, NCS Multistage Holdings stock appears to be overvalued.
The current stock price of €37.00 is trading 76.4% above its estimated GF Value™ of €20.97.
GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MUH0:
EV-to-FCF: 5.10 (46% below median its 10-year median of 9.45)
GF Value™: €20.97 vs. price of €37.00 (76.4% above fair value)
Industry Position: 67% below the Oil & Gas median (#82 of 576)
No single metric tells the full story. See the FRA:MUH0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
60GF Score
Get the complete analysis for FRA:MUH0
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MUH0 has been successfully added to your 
