NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, sand jet perforating products, accelus sliding sleeves, injection control devices, repeat precision products, chemical and radioactive tracer diagnostics, and well construction products. The company also provides tracer diagnostics services for well completion and reservoir characterization that utilize downhole chemical and radioactive tracers. It offers its products and services primarily to exploration and production companies for use in onshore wells through technically-trained direct sales force, and operating partners or sales representatives. The company was formerly known as Pioneer Super Holdings, Inc. and changed its name to NCS Multistage Holdings, Inc. in December 2016. NCS Multistage Holdings, Inc. was founded in 2006 and is headquartered in Houston, Texas.

NCS Multistage Holdings, Inc.

NCS Multistage provides oilfield services, specializing in multistage completions and advanced well construction solutions self-described as innovative and reliable.

NCS Multistage

NCS Multistage | 8,373 followers on LinkedIn. We help energy operators achieve optimal efficiency. | Since our founding in 2006, NCS Multistage has grown to be a leading provider of engineered products and support services for oil and natural gas wells around the world. We deliver products and services to exploration and production companies operating throughout North America and in the North Sea, the U.K., Argentina, China, and Europe, and our global presence is expanding. 

We currently have four main product lines: Fracturing Systems, Well Construction, Tracer Diagnostics, and Enhanced Oil Recovery (EOR).

Information Technology Leader / Cyber Security / Program and Project Management / Team and People Development / Infrastructure Management

Guy McCune

Gurinder Grewal

Lex J. Lacaze, CPA

Stig Horve

Proud to be a sponsor at the 24th Annual Sporting Clays Tournament and Food Frenzy on Friday, November 1st. Our NCS team had a fantastic time supporting SPE student scholarships while enjoying some friendly competition. Here's to a fun shoot and even better company! #OilandGas #SportingClays #SPEGCS

Congratulations to our amazing US team for celebrating 5, 10, and 15 years of dedication and hard work! Your commitment and passion have been the driving force behind our success, and we couldn’t have done it without each and every one of you. Here’s to the memories we’ve created together and the exciting journey ahead! Let’s keep reaching new heights! #WorkAnniversary #Milestones #OilandGas Anniversary milestone employees: Ryan Hummer , Keri Dennis , Ken Miller , Malethea Lewis, Jose Arredondo Jr. , Thomas King , David Koseluk

Congratulations to Brock Gillis on 10 years of service with NCS! As the Engineering Team Lead at NCS, he has made significant contributions to various products, including advancements in the NCS Liner Hanger system and the introduction of innovative 3D printed metal technology. His creativity has led to multiple inventor patents—an impressive achievement! Brock's influence extends beyond engineering; he has cultivated a culture of innovation and inspired groundbreaking advancements within the NCS Technology team. He also plays a crucial role in mentoring the next generation of engineers, leaving a lasting impact on interns and colleagues. Thank you for your dedication and innovative spirit! Join us in congratulating him on this significant milestone! #WorkAnniversary #Milestones #OilandGas

NCS is excited to celebrate Kyle Mombourquette this November as he marks his 10th anniversary with us! Throughout his tenure, Kyle's attention to detail, commitment, and positive attitude have made a significant impact. He has excelled in various roles, including Test Lab Technologist, Tech Services Eng/Tech, and currently as Project Leader II in the engineering department. His diverse experience across multiple departments has given him a deep understanding of NCS's product lines and operations. In his current role, Kyle leverages his extensive product knowledge, strong analytical skills, and innovative design approaches to tackle some challenging engineering problems. His dedication to excellence, readiness to assist wherever needed, and calm demeanor make him an invaluable member of the NCS team. Please join us in congratulating Kyle on this remarkable milestone! #WorkAnniversary #Milestones #OilandGas

Spooktacular vibes are in full swing at all our locations today! We hope everyone has a safe and fun Halloween filled with treats and thrills. Enjoy the festivities! #HappyHalloween #WorkFun #CompanyCulture

A common challenge in subsea completions is efficiently extracting from low-mobility reservoirs. This is where High Angle Multi-Frac (HAMF) is changing the game. In this post, we explore the comparison between conventional wells and HAMF wells, the advantages of high-angle production outcomes, and the vital role of cementable offshore frac sleeves. To dive deeper into Ratek™ cementable offshore completions, click the link to read the e-brochure: https://buff.ly/48I4weJ #Offshore #OilandGas #ReservoirEngineering

We’re excited to share the successful completion of another full wellbore installation for one of our valued customers! Our team installed a Vecturon cemented liner hanger featuring 160 NCS Innovus HD frac sleeves, along with our innovative Disrupter centralization and all necessary float equipment. We achieved a toe depth of 3799m, with the liner hanger set at 1375m and a true vertical depth of 1173m. The entire installation went smoothly, with safety and efficiency at the forefront! Discover our range of solutions to equip your next wellbore: https://buff.ly/3ArDxXD #OilandGas #WellConstruction #LinerHanger

Congratulations to the winners of this year’s annual BBQ competition! A big shoutout to the Product Strategy, HR, IT, and Finance teams for bringing the heat! Your taco bar, paired with your delicious churros and tres leches dessert, truly stole the show and garnered the most votes! A huge thank you to all departments that participated! Everything was fantastic, and we can't wait to see what the competition will be cooking up for next year's competition! #GreatPlacestoWork #TeamSpirit #BBQChallenge

Another successful installation for one of our valued customers in the Montney! Thanks to our team's flawless execution in the field and their strong commitment to safety, we successfully installed a liner hanger and a full wellbore of accessories. This included our Shoe Track, Centralization, AirLock G, and Innovus HD, topped off with our Vectraset Liner Hanger! Discover more of our solutions here: https://buff.ly/498n3jt #OilandGas #AlbertaOilandGas #LinerHanger

Join us this October as NCS proudly supports Breast Cancer Awareness Month! Every Wednesday, we’ll be wearing pink to show our solidarity and raise awareness for this important cause. Together, we can spread strength and make an impact! #BreastCancerAwareness #ThinkPink #CommunitySupport Our pink supporters shown here: Kim Winkler (Lawrence - maiden name) , Ken Miller , Carley Norris , Ken Almon , and Suhil Rodriguez

Metric
Company Name	NCS Multistage Holdings, Inc.
Symbol	NCSM
MSH ID	COM:NCSMULTISTAGE
Market	STOCKS
Sector	Energy
Industry	Oil & Gas Equipment & Services
Country	US
Stage
Employee Count	241
Website	ncsmultistage.com
LinkedIn	ncs-multistage
Founders

Metric
Market Cap	41.29M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	142.47M
Revenue (LTM)
Revenue (NTM)
Gross Profit	50.99M
EBITDA	-915K
Operating Income	-5.53M
Net Income	-3.15M
EPS	-1.27
Diluted EPS	-1.27
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.50
Operating Profit Margin	-0.01
EBITDA Margin	-0.01
Net Profit Margin	0.29
Return on Equity	0.53
Return on Assets	0.31
Return on Capital Employed	-0.01

COM:NCSMULTISTAGE

NCS Multistage

Last Close

23.60

22/11 21:00

Market Cap

41.29M

Beta: -

Volume Today

3.99K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-0.97
P/B Ratio	0.78
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.36
EV Multiple	15.57

Metric
Days Sales Outstanding	84.90
Days Payables Outstanding	36.87
Days Inventory Outstanding	199.03
Operating Cycle	296.14
Cash Conversion Cycle	253.08
Asset Turnover	1.06

Metric
Operating Cash Flow	4.77M
Free Cash Flow	2.58M
Cash Flow to Debt	0.96
Operating Cash Flow/Sales	0.07
Free Cash Flow Yield	0.10

Metric
Cash & Equivalents	16.72M
Accounts Receivable	4.54M
Inventory	41.61M
Goodwill	15.22M
Debt to Capitalization	0.13
Debt to Assets	0.10
Current Ratio	4.54
Quick Ratio	2.80

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.04
R&D to Revenue
SG&A to Revenue