# National Energy Services Reunited Corp (NESR) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Energy / Energy Equipment & Services. Price $34.75, market value $3.5 billion.

## Valuation
- **P/E (trailing): 37.8×** (5-yr avg 20.7×, 3-yr avg 20.7×). National Energy Services Reunited Corp trades at 37.8× trailing earnings, well above its own five-year average of 20.7×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.3×**. Each dollar of revenue is priced at 2.3×.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.5×**. Enterprise value is 12.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.4%** (5-yr avg 11.1%). Free cash flow equals 4.4% of the market value, below its five-year average of 11.1%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.6%**. The inverse of the P/E: 2.6% of the price is earned each year.

## Profitability
- **Gross margin: 13.8%**. National Energy Services Reunited Corp keeps 13.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 9.6%**. 9.6% of revenue is left after running the business.
- **Net margin: 3.9%**. 3.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.3%**. 5.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 10.7%**. Return on all capital, debt included, is 10.7%.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 1.7%** (3-yr 13.3%/yr, 5-yr 9.7%/yr). Revenue grew 1.7% over the last year, against 9.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -35.0%** (5-yr 23.6%/yr). Earnings per share fell 35.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.26**. Debt is 0.26 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 4.00**. A Z-score of 4.00 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. National Energy Services Reunited Corp does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 257.9%** (YTD 121.9%, 3-mo 45.4%). The shares are up 257.9% over twelve months including dividends.
- **From 52-week high: -5.9%** (265.3% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 1.35** (volatility 56%). Beta of 1.35 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NESR · Page: https://foliofundamentals.com/stocks/nesr

Not investment advice.