National Energy Services Stock Probability Of Bankruptcy

NESR Stock  USD 8.34  0.21  2.46%   
National Energy's odds of distress is less than 4% at this time. It is unlikely to undergo any financial crisis in the next 24 months. National Energy's Probability of distress is determined by interpolating and adjusting National Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the National balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out National Energy Piotroski F Score and National Energy Altman Z Score analysis.
  
As of 02/28/2025, Market Cap is likely to grow to about 1.2 B. Also, Enterprise Value is likely to grow to about 1.7 B

National Energy Services Company probability of distress Analysis

National Energy's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current National Energy Probability Of Bankruptcy

    
  Less than 4%  
Most of National Energy's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, National Energy Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of National Energy probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting National Energy odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of National Energy Services financial health.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Energy. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
8.888
Earnings Share
0.48
Revenue Per Share
12.926
Quarterly Revenue Growth
0.159
Return On Assets
0.0278
The market value of National Energy Services is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Energy's value that differs from its market value or its book value, called intrinsic value, which is National Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Energy's market value can be influenced by many factors that don't directly affect National Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

National Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for National Energy is extremely important. It helps to project a fair market value of National Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since National Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of National Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of National Energy's interrelated accounts and indicators.
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Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, National Energy Services has a Probability Of Bankruptcy of 4.0%. This is 91.7% lower than that of the Energy Equipment & Services sector and 90.89% lower than that of the Energy industry. The probability of bankruptcy for all United States stocks is 89.96% higher than that of the company.

National Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Energy's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of National Energy could also be used in its relative valuation, which is a method of valuing National Energy by comparing valuation metrics of similar companies.
4.002.00100.00100.00100%
National Energy is currently under evaluation in probability of bankruptcy category among its peers.

National Energy Main Bankruptcy Drivers

202020212022202320242025 (projected)
Return On Assets0.009813(0.0353)(0.0199)0.0069980.0080470.007645
Asset Turnover0.490.480.50.640.730.68
Gross Profit Margin0.0744(0.0174)0.05130.110.130.12
Net Debt323.5M390.1M456.2M416.9M479.5M341.5M
Total Current Liabilities359.4M431.9M544.1M533.4M613.5M365.1M
Non Current Liabilities Total383.3M578.4M481.9M442.8M509.2M407.4M
Total Assets1.7B1.8B1.8B1.8B2.1B1.6B
Total Current Assets515.2M627.4M537.8M541.7M623.0M459.8M
Total Cash From Operating Activities134.5M127.7M92.6M177.0M203.5M120.9M

National Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, National Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to National Energy's managers, analysts, and investors.
69.9%
Environmental
73.5%
Governance
Social

National Fundamentals

Return On Equity0.0155
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Return On Asset0.0278
Profit Margin0.04 %
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Operating Margin0.10 %
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Current Valuation1.1 B
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Shares Outstanding95.41 M
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Shares Owned By Insiders31.54 %
Shares Owned By Institutions28.80 %
Number Of Shares Shorted403.73 K
Price To Earning11.41 X
Price To Book0.89 X
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Price To Sales0.62 X
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Revenue1.15 B
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Gross Profit155.43 M
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EBITDA217.9 M
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Net Income12.58 M
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Cash And Equivalents101.02 M
Cash Per Share1.11 X
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Total Debt484.75 M
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Debt To Equity0.47 %
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Current Ratio1.45 X
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Book Value Per Share8.92 X
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Cash Flow From Operations176.96 M
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Short Ratio2.41 X
Earnings Per Share0.48 X
Target Price15.0
Number Of Employees6.23 K
Beta0.51
Market Capitalization830.05 M
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Total Asset1.8 B
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Retained Earnings(62.44 M)
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Working Capital8.27 M
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Current Asset1.02 M
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Current Liabilities4.09 M
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Net Asset1.8 B

About National Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze National Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Energy Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with National Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against National Stock

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The ability to find closely correlated positions to National Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Energy Services to buy it.
The correlation of National Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for National Stock Analysis

When running National Energy's price analysis, check to measure National Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Energy is operating at the current time. Most of National Energy's value examination focuses on studying past and present price action to predict the probability of National Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Energy's price. Additionally, you may evaluate how the addition of National Energy to your portfolios can decrease your overall portfolio volatility.


 
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