WallStSmart

TechnipFMC PLC (FTI)vsNCS Multistage Holdings Inc (NCSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TechnipFMC PLC generates 5309% more annual revenue ($9.93B vs $183.63M). NCSM leads profitability with a 12.9% profit margin vs 9.7%. NCSM trades at a lower P/E of 8.0x. NCSM earns a higher WallStSmart Score of 67/100 (B-).

FTI

Buy

56

out of 100

Grade: C

Growth: 7.3Profit: 7.5Value: 9.3Quality: 5.0

NCSM

Strong Buy

67

out of 100

Grade: B-

Growth: 5.3Profit: 6.5Value: 8.3Quality: 8.0
Piotroski: 5/9Altman Z: 1.62
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FTIUndervalued (+15.8%)

Margin of Safety

+15.8%

Fair Value

$73.42

Current Price

$70.77

$2.65 discount

UndervaluedFair: $73.42Overvalued
NCSMUndervalued (+90.3%)

Margin of Safety

+90.3%

Fair Value

$404.82

Current Price

$72.69

$332.13 discount

UndervaluedFair: $404.82Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FTI1 strengths · Avg: 9.0/10
Return on EquityProfitability
29.6%9/10

Every $100 of equity generates 30 in profit

NCSM4 strengths · Avg: 9.8/10
P/E RatioValuation
8.0x10/10

Attractively priced relative to earnings

Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Return on EquityProfitability
20.1%9/10

Every $100 of equity generates 20 in profit

Areas to Watch

FTI3 concerns · Avg: 4.0/10
PEG RatioValuation
2.184/10

Expensive relative to growth rate

P/E RatioValuation
30.8x4/10

Premium valuation, high expectations priced in

Price/BookValuation
8.4x4/10

Trading at 8.4x book value

NCSM3 concerns · Avg: 3.7/10
EPS GrowthGrowth
3.0%4/10

3.0% earnings growth

Altman Z-ScoreHealth
1.624/10

Distress zone — elevated risk

Market CapQuality
$177.02M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : FTI

The strongest argument for FTI centers on Return on Equity.

Bull Case : NCSM

The strongest argument for NCSM centers on P/E Ratio, Price/Book, Debt/Equity. Revenue growth of 12.5% demonstrates continued momentum.

Bear Case : FTI

The primary concerns for FTI are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : NCSM

The primary concerns for NCSM are EPS Growth, Altman Z-Score, Market Cap.

Key Dynamics to Monitor

FTI carries more volatility with a beta of 0.73 — expect wider price swings.

NCSM is growing revenue faster at 12.5% — sustainability is the question.

FTI generates stronger free cash flow (359M), providing more financial flexibility.

Monitor OIL & GAS EQUIPMENT & SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NCSM scores higher overall (67/100 vs 56/100) and 12.5% revenue growth. FTI offers better value entry with a 15.8% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

TechnipFMC PLC

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

TechnipFMC plc is involved in oil and gas projects, technologies, systems and services. The company is headquartered in London, the United Kingdom.

NCS Multistage Holdings Inc

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

NCS Multistage Holdings, Inc. provides engineering products and support services for oil and natural gas well completions and field development strategies in the United States, Canada, and internationally. The company is headquartered in Houston, Texas.

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