National Energy Services Reunited Corp Ordinary Shares
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen… Read more
National Energy Services Reunited Corp Ordinary Shares (NESR) - Net Assets
Latest net assets as of September 2025: $956.65 Million USD
Based on the latest financial reports, National Energy Services Reunited Corp Ordinary Shares (NESR) has net assets worth $956.65 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 ($1.81 Billion) and total liabilities ($852.47 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 | $956.65 Million |
| % of Total Assets | 52.88% |
| Annual Growth Rate | 22.54% |
| 5-Year Change | -3.83% |
| 10-Year Change | N/A |
| Growth Volatility | 101.52 |
National Energy Services Reunited Corp Ordinary Shares - Net Assets Trend (2017–2024)
This chart illustrates how National Energy Services Reunited Corp Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Energy Services Reunited Corp Ordinary Shares (2017–2024)
The table below shows the annual net assets of National Energy Services Reunited Corp Ordinary Shares from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $908.23 Million | +10.56% |
| 2023-12-31 | $821.49 Million | +2.39% |
| 2022-12-31 | $802.35 Million | -2.28% |
| 2021-12-31 | $821.03 Million | -13.06% |
| 2020-12-31 | $944.42 Million | +6.54% |
| 2019-12-31 | $886.47 Million | +3.63% |
| 2018-12-31 | $855.39 Million | +290.72% |
| 2017-12-31 | $218.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Energy Services Reunited Corp Ordinary Shares'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 grown by 1673403100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.87 Million | 1.53% |
| Common Stock | $894.29 Million | 98.47% |
| Other Comprehensive Income | $69.00K | 0.01% |
| Total Equity | $908.23 Million | 100.00% |
National Energy Services Reunited Corp Ordinary Shares Competitors by Market Cap
The table below lists competitors of National Energy Services Reunited Corp Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares
NASDAQ:HDL
|
$1.03 Billion |
|
Poya International Co Ltd
TWO:5904
|
$1.03 Billion |
|
Pennant Group Inc
NASDAQ:PNTG
|
$1.03 Billion |
|
NOF Corporation
MU:NOF
|
$1.03 Billion |
|
Montana Aerospace AG
SW:AERO
|
$1.03 Billion |
|
Proximus PLC
PINK:BGAOF
|
$1.03 Billion |
|
AKSO HEALTH GR. (SPADR)/3
F:8HX
|
$1.03 Billion |
|
Gemadept Corp
VN:GMD
|
$1.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Energy Services Reunited Corp Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 821,494,000 to 908,232,000, a change of 86,738,000 (10.6%).
- Net income of 76,310,000 contributed positively to equity growth.
- Other factors increased equity by 10,428,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $76.31 Million | +8.4% |
| Other Changes | $10.43 Million | +1.15% |
| Total Change | $- | 10.56% |
Book Value vs Market Value Analysis
This analysis compares National Energy Services Reunited Corp Ordinary Shares'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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.07x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $5.10 | $20.76 | x |
| 2018-12-31 | $10.00 | $20.76 | x |
| 2019-12-31 | $10.19 | $20.76 | x |
| 2020-12-31 | $10.60 | $20.76 | x |
| 2021-12-31 | $9.02 | $20.76 | x |
| 2022-12-31 | $8.53 | $20.76 | x |
| 2023-12-31 | $8.67 | $20.76 | x |
| 2024-12-31 | $9.49 | $20.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Energy Services Reunited Corp Ordinary Shares 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): 8.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.86%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.95x
- Recent ROE (8.40%) is above the historical average (2.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.99% | 11.29% | 1.17x | 1.06x | $8.73 Million |
| 2018 | 3.31% | 10.45% | 0.20x | 1.59x | $-57.19 Million |
| 2019 | 4.44% | 5.98% | 0.43x | 1.72x | $-49.28 Million |
| 2020 | 1.75% | 1.98% | 0.49x | 1.79x | $-77.89 Million |
| 2021 | -7.86% | -7.36% | 0.48x | 2.23x | $-146.67 Million |
| 2022 | -4.54% | -4.00% | 0.50x | 2.28x | $-116.65 Million |
| 2023 | 1.53% | 1.10% | 0.64x | 2.19x | $-69.57 Million |
| 2024 | 8.40% | 5.86% | 0.73x | 1.95x | $-14.51 Million |
Industry Comparison
This section compares National Energy Services Reunited Corp Ordinary Shares'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 |
|---|---|---|---|---|
| National Energy Services Reunited Corp Ordinary Shares (NESR) | $956.65 Million | 13.99% | 0.89x | $1.03 Billion |
| 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 |