NCS Multistage Holdings Inc
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. The company provides fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products, as well as enhan… Read more
NCS Multistage Holdings Inc (NCSM) - Net Assets
Latest net assets as of September 2025: $127.11 Million USD
Based on the latest financial reports, NCS Multistage Holdings Inc (NCSM) has net assets worth $127.11 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($162.02 Million) and total liabilities ($34.91 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $127.11 Million |
| % of Total Assets | 78.45% |
| Annual Growth Rate | -5.18% |
| 5-Year Change | 2.31% |
| 10-Year Change | N/A |
| Growth Volatility | 41.38 |
NCS Multistage Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how NCS Multistage Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NCS Multistage Holdings Inc (2015–2024)
The table below shows the annual net assets of NCS Multistage Holdings Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $116.11 Million | +6.14% |
| 2023-12-31 | $109.39 Million | +0.12% |
| 2022-12-31 | $109.26 Million | -1.27% |
| 2021-12-31 | $110.67 Million | -2.48% |
| 2020-12-31 | $113.49 Million | -30.61% |
| 2019-12-31 | $163.54 Million | -7.20% |
| 2018-12-31 | $176.23 Million | -52.24% |
| 2017-12-31 | $368.99 Million | +107.91% |
| 2016-12-31 | $177.48 Million | -5.33% |
| 2015-12-31 | $187.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NCS Multistage Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 752.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.00K | 0.03% |
| Other Comprehensive Income | $-87.60 Million | -88.63% |
| Other Components | $445.44 Million | 450.67% |
| Total Equity | $98.84 Million | 100.00% |
NCS Multistage Holdings Inc Competitors by Market Cap
The table below lists competitors of NCS Multistage Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optex Systems Holdings, Inc. Common Stock
NASDAQ:OPXS
|
$55.88 Million |
|
Roda Vivatex Tbk
JK:RDTX
|
$55.92 Million |
|
Micro-Mechanics (Holdings) Ltd
PINK:MCRNF
|
$55.92 Million |
|
HPL Electric & Power Limited
NSE:HPL
|
$55.93 Million |
|
NeoPharm CO. LTD
KQ:092730
|
$55.87 Million |
|
Forsys Metals Corp
PINK:FOSYF
|
$55.86 Million |
|
Critical Elements Lithium Corporation
F:F12
|
$55.86 Million |
|
Keyang Electric Machinery Co Ltd
KO:012205
|
$55.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NCS Multistage Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 91,618,000 to 98,839,000, a change of 7,221,000 (7.9%).
- Net income of 6,593,000 contributed positively to equity growth.
- Share repurchases of 267,000 reduced equity.
- Other comprehensive income decreased equity by 1,852,000.
- Other factors increased equity by 2,747,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.59 Million | +6.67% |
| Share Repurchases | $267.00K | -0.27% |
| Other Comprehensive Income | $-1.85 Million | -1.87% |
| Other Changes | $2.75 Million | +2.78% |
| Total Change | $- | 7.88% |
Book Value vs Market Value Analysis
This analysis compares NCS Multistage Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.83x to 1.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $82.72 | $69.06 | x |
| 2016-12-31 | $78.31 | $69.06 | x |
| 2017-12-31 | $163.76 | $69.06 | x |
| 2018-12-31 | $72.03 | $69.06 | x |
| 2019-12-31 | $62.01 | $69.06 | x |
| 2020-12-31 | $39.60 | $69.06 | x |
| 2021-12-31 | $38.64 | $69.06 | x |
| 2022-12-31 | $37.43 | $69.06 | x |
| 2023-12-31 | $37.05 | $69.06 | x |
| 2024-12-31 | $38.16 | $69.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NCS Multistage Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.06%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.55x
- Recent ROE (6.67%) is above the historical average (-19.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 14.95% | 24.58% | 0.34x | 1.77x | $9.28 Million |
| 2016 | -10.10% | -18.20% | 0.30x | 1.84x | $-35.67 Million |
| 2017 | 0.59% | 1.04% | 0.43x | 1.30x | $-33.58 Million |
| 2018 | -117.99% | -83.85% | 0.99x | 1.42x | $-206.45 Million |
| 2019 | -22.70% | -15.97% | 1.01x | 1.40x | $-47.28 Million |
| 2020 | -61.53% | -53.84% | 0.77x | 1.48x | $-66.96 Million |
| 2021 | -5.11% | -3.99% | 0.83x | 1.54x | $-13.99 Million |
| 2022 | -1.21% | -0.71% | 1.12x | 1.52x | $-10.20 Million |
| 2023 | -3.44% | -2.21% | 0.94x | 1.66x | $-12.31 Million |
| 2024 | 6.67% | 4.06% | 1.06x | 1.55x | $-3.29 Million |
Industry Comparison
This section compares NCS Multistage Holdings Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NCS Multistage Holdings Inc (NCSM) | $127.11 Million | 14.95% | 0.27x | $55.88 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |