NCS Multistage HoldingsNCSM -2.27%64 Interest Coverage is 32.62 as of Mar. 2026, which is 233% above its 10-year median of 9.81. GuruFocus rates NCSM with a GF Score™ of 64/100 and a GF Value™ of $25.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, NCS Multistage Holdings ranks better than 77.7% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. NCS Multistage Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was $0.8 Mil. NCS Multistage Holdings's Interest Expense for the
three
months ended in Mar. 2026 was $-0.0 Mil.
NCS Multistage Holdings's interest coverage for the quarter that ended in Mar. 2026 was 32.62.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for NCS Multistage Holdings's Interest Coverage or its related term are showing as below:
NCSM'
s Interest Coverage Range Over the Past 10 Years
Min: 2.43 Med: 9.81 Max: 42.61
Current: 30.87
NCSM's Interest Coverage is ranked better than 77.7% of 731
companies
in the Oil & Gas industry
Industry Median: 5.89
vs NCSM: 30.87
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
NCS Multistage Holdings Interest Coverage Related Terms
NCS Multistage Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for NCS Multistage Holdings's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NCSM vs GEOS, DWSN, DTI: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 32.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NCS Multistage Holdings and its competitors. This is 233% above median its historical median of 9.81. Over the past decade, NCS Multistage Holdings' Interest Coverage has ranged from 2.43 to 42.61. According to the industry distribution chart, NCS Multistage Holdings ranks #163 out of 731 companies in the Oil & Gas industry, placing it in the top 22.3%.
Is NCS Multistage Holdings' Interest Coverage too high?
NCS Multistage Holdings' current Interest Coverage of 32.62 is 233% above median its 10-year median of 9.81. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 42.61. The Oil & Gas industry median Interest Coverage is 5.89. NCS Multistage Holdings' value of 32.62 is 453.8% above this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #163 out of 731 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 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS Multistage Holdings' Interest Coverage compare to GEOS and DWSN?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #163 out of 731 companies for Interest Coverage. This places NCS Multistage Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.89. NCS Multistage Holdings' value of 32.62 is 453.8% above this benchmark. Historically, NCS Multistage Holdings' own Interest Coverage has ranged from 2.43 to 42.61 over the past decade. While the company's 10-year median is 9.81 vs. the industry median of 5.89, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NCS Multistage Holdings's current Interest Coverage of 32.62 is 453.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NCS Multistage Holdings and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCS Multistage Holdings's current Interest Coverage is 32.62, which is 233% above median its own 10-year median of 9.81. 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 $25.92, compared to a current price of $44.24 — trading 70.7% above its estimated fair value. The current Interest Coverage is 32.62, which is 233% above median its 10-year median of 9.81 and 453.8% above the Oil & Gas industry median of 5.89. NCS Multistage Holdings' overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For NCS Multistage Holdings (NCSM), the current Interest Coverage is 32.62 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 $44.24 is trading 70.7% above its estimated GF Value™ of $25.92.
GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.
Key valuation signals for NCSM:
Interest Coverage: 32.62 (233% above median its 10-year median of 9.81)
GF Value™: $25.92 vs. price of $44.24 (70.7% above fair value)
Industry Position: 453.8% above the Oil & Gas median (#163 of 731)
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.
64GF Score
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