WallStSmart

National Energy Services Reunited Corp Ordinary Shares (NESR)vsSchlumberger NV (SLB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Schlumberger NV generates 2597% more annual revenue ($35.71B vs $1.32B). SLB leads profitability with a 9.4% profit margin vs 3.9%. SLB trades at a lower P/E of 21.5x. SLB earns a higher WallStSmart Score of 54/100 (C-).

NESR

Hold

42

out of 100

Grade: D

Growth: 6.0Profit: 5.0Value: 5.7Quality: 5.5
Piotroski: 1/9Altman Z: 1.61

SLB

Buy

54

out of 100

Grade: C-

Growth: 4.7Profit: 6.5Value: 7.3Quality: 6.5
Piotroski: 2/9Altman Z: 2.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NESRSignificantly Overvalued (-504.2%)

Margin of Safety

-504.2%

Fair Value

$3.54

Current Price

$22.35

$18.81 premium

UndervaluedFair: $3.54Overvalued
SLBSignificantly Overvalued (-222.7%)

Margin of Safety

-222.7%

Fair Value

$15.98

Current Price

$51.89

$35.91 premium

UndervaluedFair: $15.98Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NESR2 strengths · Avg: 8.0/10
Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
15.9%8/10

15.9% revenue growth

SLB3 strengths · Avg: 8.3/10
Market CapQuality
$75.82B9/10

Large-cap with strong market position

Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$2.49B8/10

Generating 2.5B in free cash flow

Areas to Watch

NESR4 concerns · Avg: 3.5/10
P/E RatioValuation
39.7x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.614/10

Distress zone — elevated risk

Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

Profit MarginProfitability
3.9%3/10

3.9% margin — thin

SLB3 concerns · Avg: 3.0/10
PEG RatioValuation
1.634/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-28.6%2/10

Earnings declined 28.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : NESR

The strongest argument for NESR centers on Price/Book, Revenue Growth. Revenue growth of 15.9% demonstrates continued momentum.

Bull Case : SLB

The strongest argument for SLB centers on Market Cap, Price/Book, Free Cash Flow.

Bear Case : NESR

The primary concerns for NESR are P/E Ratio, Altman Z-Score, Return on Equity. Thin 3.9% margins leave little buffer for downturns.

Bear Case : SLB

The primary concerns for SLB are PEG Ratio, Piotroski F-Score, EPS Growth.

Key Dynamics to Monitor

NESR profiles as a growth stock while SLB is a value play — different risk/reward profiles.

SLB carries more volatility with a beta of 0.71 — expect wider price swings.

NESR is growing revenue faster at 15.9% — sustainability is the question.

SLB generates stronger free cash flow (2.5B), providing more financial flexibility.

Bottom Line

SLB scores higher overall (54/100 vs 42/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

National Energy Services Reunited Corp Ordinary Shares

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

National Energy Services Reunited Corp. The company is headquartered in Houston, Texas.

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Schlumberger NV

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

Schlumberger Limited is an oilfield services company. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague.

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