NCS Multistage Holdings Inc (NCSM) FinancialsNCSMNCS Multistage Holdings Inc

NCS Multistage Holdings Inc (NCSM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product sales, accounting for 71.4% of total sales, equivalent to $32.58M. Another important revenue stream is Services. Understanding this composition is critical for investors evaluating how NCSM navigates market cycles within the Oil Related Services and Equipment industry.

Evaluating the bottom line, NCS Multistage Holdings Inc maintains a gross margin of 32.20%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -14.60%, while the net margin is -7.92%. These profitability ratios, combined with a Return on Equity (ROE) of 12.17%, provide a clear picture of how effectively NCSM converts its operational activities into shareholder value.

In the context of the broader market, NCSM competes directly with industry leaders such as BOOM and TUSK. With a market capitalization of $133.33M, it holds a significant position in the sector. When comparing efficiency, NCSM's gross margin of 32.20% stands against BOOM's 19.11% and TUSK's N/A. Such benchmarking helps identify whether NCS Multistage Holdings Inc is trading at a premium or discount relative to its financial performance.

NCSM has shown fluctuating financial performance, with a gross margin of 36.32% in Q1 2026 and a significant drop in net income to common shareholders in Q2 2026, reporting a loss of $4.61 million. Despite these challenges, the company has a low forward P/E ratio of 8.70, suggesting it is undervalued compared to its earnings potential.