National Energy Services Reunited (NESR) vs NextDecade Corporation (NEXT)

National Energy Services Reunited and NextDecade Corporation are both Oil & Gas Equipment & Services companies. National Energy Services Reunited is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. NextDecade Corporation trades at the lower P/E: 4.9× against 20.4×. National Energy Services Reunited has the higher net margin (5.77% vs 0.00%) and the higher return on invested capital (8.28% vs −0.98%). Across the 16 metrics below, National Energy Services Reunited leads on 12 and NextDecade Corporation on 4.

Valuation

Metric NESR NEXT Oil & Gas Equipment & Services median
P/E 20.41 4.87 20.53
P/S 1.20 n/m 1.08
P/B 1.86 0.42 1.64
Price to free cash flow 11.97 n/m 12.36
EV/EBITDA 7.00 n/m 8.00
EV/Sales 1.26 n/m 1.29
Earnings yield 4.90% 20.55% 3.88%
Free cash flow yield 8.35% (341.85%) 5.18%

Profitability

Metric NESR NEXT Oil & Gas Equipment & Services median
Gross margin 13.37% 0.00% 22.88%
Operating margin 9.34% 0.00% 7.44%
Net margin 5.77% 0.00% 4.12%
Free cash flow margin 9.99% 0.00% 3.10%
Return on equity 9.44% (3.27%) 5.46%
Return on assets 4.76% (0.67%) 2.63%
Return on invested capital 8.28% (0.98%) 4.26%

Growth

Metric NESR NEXT Oil & Gas Equipment & Services median
Revenue growth (TTM) 23.55% — 4.65%
EPS growth (last fiscal year) (35.00%) (387.50%) (13.00%)
Revenue growth, 5-year CAGR 9.68% — 12.57%
Net income growth, 5-year CAGR 0.41% 0.00% 0.00%

Health

Metric NESR NEXT Oil & Gas Equipment & Services median
Debt to equity 0.26 3.19 0.44
Current ratio 1.02 0.36 2.04
Net debt to EBITDA 0.77 (58.53) 1.12

Dividend

Metric NESR NEXT Oil & Gas Equipment & Services median
Dividend yield — — 1.49%
Payout ratio — — 0.36

Size

Metric NESR NEXT Oil & Gas Equipment & Services median
Market cap 1.94b 1.57b 1.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack