National Energy Services Reunited (NESR) vs RPC, Inc. (RES)

National Energy Services Reunited and RPC, Inc. are both Oil & Gas Equipment & Services companies. National Energy Services Reunited is the larger, with a market value of $1.9B against $1.3B — 1.5× the size. National Energy Services Reunited trades at the lower P/E: 19.9× against 64.4×. RPC, Inc. grew revenue faster over the last twelve months: 25.4% against 23.6%. National Energy Services Reunited has the higher net margin (5.77% vs 1.19%) and the higher return on invested capital (8.28% vs 2.23%). Across the 22 metrics below, National Energy Services Reunited leads on 12 and RPC, Inc. on 10.

Valuation

Metric NESR RES Oil & Gas Equipment & Services median
P/E 19.93 64.36 22.50
P/S 1.17 0.75 1.17
P/B 1.81 1.21 1.82
Price to free cash flow 11.68 23.73 13.72
EV/EBITDA 6.84 5.87 8.68
EV/Sales 1.23 0.67 1.34
Earnings yield 5.02% 1.55% 3.94%
Free cash flow yield 8.56% 4.21% 5.66%

Profitability

Metric NESR RES Oil & Gas Equipment & Services median
Gross margin 13.37% 23.26% 23.26%
Operating margin 9.34% 1.91% 9.34%
Net margin 5.77% 1.19% 4.69%
Free cash flow margin 9.99% 3.16% 5.35%
Return on equity 9.44% 1.93% 4.92%
Return on assets 4.76% 1.46% 2.37%
Return on invested capital 8.28% 2.23% 4.32%

Growth

Metric NESR RES Oil & Gas Equipment & Services median
Revenue growth (TTM) 23.55% 25.36% 6.08%
EPS growth (last fiscal year) (35.00%) (65.12%) (13.00%)
Revenue growth, 5-year CAGR 9.68% 22.14% 14.44%
Net income growth, 5-year CAGR 0.41% 0.00% 0.00%

Health

Metric NESR RES Oil & Gas Equipment & Services median
Debt to equity 0.26 0.03 0.46
Current ratio 1.02 3.34 2.07
Net debt to EBITDA 0.77 (0.77) 0.75

Dividend

Metric NESR RES Oil & Gas Equipment & Services median
Dividend yield — 2.64% 1.51%
Payout ratio — 1.70 0.38

Size

Metric NESR RES Oil & Gas Equipment & Services median
Market cap 1.93b 1.31b 1.63b

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