National Energy Services Reunited (NESR) vs Select Water Solutions, Inc. (WTTR)

National Energy Services Reunited and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. National Energy Services Reunited and Select Water Solutions, Inc. are of similar size ($2.0B and $1.9B). National Energy Services Reunited trades at the lower P/E: 20.4× against 58.0×. National Energy Services Reunited grew revenue faster over the last twelve months: 23.6% against −1.95%. National Energy Services Reunited has the higher net margin (5.77% vs 2.24%) and the higher return on invested capital (8.28% vs 2.30%). Across the 21 metrics below, National Energy Services Reunited leads on 16 and Select Water Solutions, Inc. on 5.

Valuation

Metric NESR WTTR Oil & Gas Equipment & Services median
P/E 20.41 57.97 20.53
P/S 1.20 1.48 1.08
P/B 1.86 1.86 1.64
Price to free cash flow 11.97 n/m 12.36
EV/EBITDA 7.00 9.61 8.00
EV/Sales 1.26 1.64 1.29
Earnings yield 4.90% 1.73% 3.88%
Free cash flow yield 8.35% (3.49%) 5.18%

Profitability

Metric NESR WTTR Oil & Gas Equipment & Services median
Gross margin 13.37% 16.15% 22.88%
Operating margin 9.34% 3.51% 7.44%
Net margin 5.77% 2.24% 4.12%
Free cash flow margin 9.99% (5.17%) 3.10%
Return on equity 9.44% 3.10% 5.46%
Return on assets 4.76% 1.92% 2.63%
Return on invested capital 8.28% 2.30% 4.26%

Growth

Metric NESR WTTR Oil & Gas Equipment & Services median
Revenue growth (TTM) 23.55% (1.95%) 4.65%
EPS growth (last fiscal year) (35.00%) (30.00%) (13.00%)
Revenue growth, 5-year CAGR 9.68% 18.39% 12.57%
Net income growth, 5-year CAGR 0.41% 0.00% 0.00%

Health

Metric NESR WTTR Oil & Gas Equipment & Services median
Debt to equity 0.26 0.23 0.44
Current ratio 1.02 1.58 2.04
Net debt to EBITDA 0.77 1.41 1.12

Dividend

Metric NESR WTTR Oil & Gas Equipment & Services median
Dividend yield — 1.79% 1.49%
Payout ratio — 1.04 0.36

Size

Metric NESR WTTR Oil & Gas Equipment & Services median
Market cap 1.94b 1.99b 1.44b

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