# newcleo plc (NWCL) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Energy / Oilfield Services & Equipment. Price $4.72, market value $1.3 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). newcleo plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 39.8×**. Each dollar of revenue is priced at 39.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 6.6×**. The shares trade at 6.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -13.2%** (5-yr avg -5.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 31.4%**. newcleo plc keeps 31.4% of revenue after the direct cost of what it sells.
- **Operating margin: -477.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -427.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -47.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -69.2%**. Return on all capital, debt included, is -69.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -35.8%**. Each dollar of assets produces -35.8% of profit.

## Growth
- **Revenue growth (1 yr): -29.9%**. Revenue fell 29.9% over the last year.
- **EPS growth (1 yr): -27.1%**. Earnings per share fell 27.1%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.13**. Debt is 0.13 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.
- **Interest coverage: -64.2×**. Operating profit covers interest only -64.2×: fragile.
- **Current ratio: 1.95** (quick 1.89). Current assets cover the next year's liabilities 1.95 times.
- **Altman Z-score: 5.82**. A Z-score of 5.82 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. newcleo plc does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -57.5%** (YTD -57.6%, 3-mo -58.9%). The shares are down 57.5% over twelve months including dividends.
- **From 52-week high: -59.3%** (20.1% above the low). Trading 59% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 27**. An RSI of 27 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 0.22** (volatility 36%). Beta of 0.22 against the S&P 500: the shares move much less than the market.

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

Not investment advice.