NESRNational Energy Services Reunited Corp.

$29.81+211% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 52 out of 100, Average
Today's price. Only valuation depends on it.

Average. National Energy Services Reunited Corp. scores higher than 43% of the 1,794 companies Ryufin scores.

Carried by valuation and return on new capital, held back by return on capital and cycle position.

Energy median 63 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
13
58
52
52
202220242025today

The biggest move was up 45 points from 2022 to 2024, mostly valuation.

Valuation

26% of the score

72median 56

National Energy Services Reunited Corp. is valued at 17.3x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
17.3x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

7median 34

Over 6 years the business earned 2.9% a year after tax on the capital it uses.

2%
8%
15%
25%
2.9%
None at 2% or less, full points from 25%full points
Return on capital by year
6 years agolatest 6.6%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 53 cents. It did so while using less capital than before.

-5%
12%
53%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

40median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 34% a year over 8 years: new shares
0
5%
-3%
34%
0 pointsfull points
Assets against salesAssets grew 1.9% a year, sales 9.7%
100
12%
-2%
-7.8%
0 pointsfull points

Cycle position

12% of the score

0median 62

Today's operating margin of 9.3% is 2.42x its normal 3.9%: near a peak, where margins tend to fall back. Normal is half the 7 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
2.4x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 9.3%

Balance sheet

8% of the score

65median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA0.3x a year of EBITDA
100
4.5x
0.5x
0.3x
0 pointsfull points
Interest coverOperating profit covers interest 5x
30
1.5x
12x
4.6x
0 pointsfull points

Earnings quality

6% of the score

93median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 4.79x profit over 3 years
100
0.7x
1x
1.3x
4.8x
0 pointsfull points
AccrualsCash ran ahead of profit by 11.8% of assets
100
8%
0%
-8%
-12%
0 pointsfull points
Beneish M-score-2.61
80
-1.50
-1.78
-2.22
-3.00
-2.61
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.