NCS Multistage HoldingsNCSM -6.24%60 FCF Margin % is 1.40% as of Mar. 2026, which is 78% below its 10-year median of 6.31. GuruFocus rates NCSM with a GF Score™ of 60/100 and a GF Value™ of $25.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 906 Oil & Gas companies, NCS Multistage Holdings ranks better than 73.84% on this metric.
* 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, NCS Multistage Holdings's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's FCF Margin % distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings's FCF Margin % 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.
NCS Multistage Holdings (NCSM) has a FCF Margin % of 1.40% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NCS Multistage Holdings and its competitors. This is 78% below median its historical median of 6.31. According to the industry distribution chart, NCS Multistage Holdings ranks #237 out of 906 companies in the Oil & Gas industry, placing it in the top 26.2%.
Is NCS Multistage Holdings' FCF Margin % too high?
NCS Multistage Holdings' current FCF Margin % of 1.40% is 78% below median its 10-year median of 6.31. The Oil & Gas industry median FCF Margin % is 3.29. NCS Multistage Holdings' value of 1.40% is 57.4% below this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #237 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. 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' FCF Margin % compare to GEOS and DWSN?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #237 out of 906 companies for FCF Margin %. This puts NCS Multistage Holdings in the upper half of its industry. The industry median FCF Margin % is 3.29. NCS Multistage Holdings' value of 1.40% is 57.4% below this benchmark. While the company's 10-year median is 6.31 vs. the industry median of 3.29, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NCS Multistage Holdings's current FCF Margin % of 1.40% is 57.4% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NCS Multistage Holdings and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS Multistage Holdings's current FCF Margin % is 1.40%, which is 78% below median its own 10-year median of 6.31. 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 $25.91, compared to a current price of $45.39 — trading 75.2% above its estimated fair value. The current FCF Margin % is 1.40%, which is 78% below median its 10-year median of 6.31 and 57.4% below the Oil & Gas industry median of 3.29. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For NCS Multistage Holdings (NCSM), the current FCF Margin % is 1.40% 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 NCS Multistage Holdings (NCSM) Overvalued in 2026?
Based on GuruFocus' analysis, NCS Multistage Holdings stock appears to be overvalued.
The current stock price of $45.39 is trading 75.2% above its estimated GF Value™ of $25.91.
GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.
Key valuation signals for NCSM:
FCF Margin %: 1.40% (78% below median its 10-year median of 6.31)
GF Value™: $25.91 vs. price of $45.39 (75.2% above fair value)
Industry Position: 57.4% below the Oil & Gas median (#237 of 906)
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 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 NCSM
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NCSM has been successfully added to your 
