Added to YB: 2024-11-05
Pitch date: 2024-11-03
NCSM [bullish]
NCS Multistage Holdings, Inc.
+122.06%
current return
Author Info
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Company Info
NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally.
Market Cap
$94.1M
Pitch Price
$19.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.09
P/E
8.17
EV/Sales
0.56
Sector
Energy Equipment and Services
Category
value
Yet another niche OFS micro-pitch - NCS Multistage Holdings, Inc.
NCSM: Post-lawsuit recovery play. $46M mkt cap, $60M EV w/ minority interest. 2024 guidance $18-20.5M adj EBITDA (minus $5M SBC). 4-5x EV/EBITDA. $6M+ net cash, $25M+ net AR. Upside potential if hitting $20M EBITDA. Risks: poor acquisitions, dilution, deferred maintenance. Wide spread, low volume.
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