WallStSmart

NCS Multistage Holdings Inc (NCSM)vsSolaris Energy Infrastructure, Inc. (SEI)

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Smart Verdict

WallStSmart Research — data-driven comparison

Solaris Energy Infrastructure, Inc. generates 321% more annual revenue ($762.18M vs $181.17M). NCSM leads profitability with a 7.6% profit margin vs 7.2%. NCSM trades at a lower P/E of 10.8x. SEI earns a higher WallStSmart Score of 55/100 (C).

NCSM

Buy

51

out of 100

Grade: C-

Growth: 7.3Profit: 4.5Value: 6.7Quality: 8.5
Piotroski: 4/9Altman Z: 2.38

SEI

Buy

55

out of 100

Grade: C

Growth: 7.3Profit: 6.0Value: 4.0Quality: 5.0
Piotroski: 3/9Altman Z: 1.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for NCSM.

SEISignificantly Overvalued (-25.4%)

Margin of Safety

-25.4%

Fair Value

$55.02

Current Price

$69.09

$14.07 premium

UndervaluedFair: $55.02Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCSM4 strengths · Avg: 10.0/10
P/E RatioValuation
10.8x10/10

Attractively priced relative to earnings

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

EPS GrowthGrowth
301.9%10/10

Earnings expanding 301.9% YoY

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

SEI3 strengths · Avg: 8.7/10
Revenue GrowthGrowth
46.9%10/10

Revenue surging 46.9% year-over-year

PEG RatioValuation
0.948/10

Growing faster than its price suggests

Operating MarginProfitability
26.5%8/10

Strong operational efficiency at 26.5%

Areas to Watch

NCSM4 concerns · Avg: 2.3/10
Market CapQuality
$140.02M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
7.6%3/10

7.6% margin — thin

Free Cash FlowQuality
$-2.36M2/10

Negative free cash flow — burning cash

Operating MarginProfitability
-14.6%1/10

Operating margin of -14.6%

SEI4 concerns · Avg: 2.8/10
Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

Profit MarginProfitability
7.2%3/10

7.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
82.1x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : NCSM

The strongest argument for NCSM centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : SEI

The strongest argument for SEI centers on Revenue Growth, PEG Ratio, Operating Margin. Revenue growth of 46.9% demonstrates continued momentum. PEG of 0.94 suggests the stock is reasonably priced for its growth.

Bear Case : NCSM

The primary concerns for NCSM are Market Cap, Profit Margin, Free Cash Flow.

Bear Case : SEI

The primary concerns for SEI are Return on Equity, Profit Margin, Piotroski F-Score. A P/E of 82.1x leaves little room for execution misses. Debt-to-equity of 2.79 is elevated, increasing financial risk.

Key Dynamics to Monitor

NCSM profiles as a value stock while SEI is a hypergrowth play — different risk/reward profiles.

SEI carries more volatility with a beta of 1.28 — expect wider price swings.

SEI is growing revenue faster at 46.9% — sustainability is the question.

NCSM generates stronger free cash flow (-2M), providing more financial flexibility.

Bottom Line

SEI scores higher overall (55/100 vs 51/100) and 46.9% revenue growth. Both earn "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.

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.

Solaris Energy Infrastructure, Inc.

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

Solaris Oilfield Infrastructure, Inc. designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company is headquartered in Houston, Texas.

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