WallStSmart

Chevron Corp (CVX)vsNCS Multistage Holdings Inc (NCSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Chevron Corp generates 100459% more annual revenue ($184.65B vs $183.63M). NCSM leads profitability with a 12.9% profit margin vs 6.7%. NCSM trades at a lower P/E of 9.1x. NCSM earns a higher WallStSmart Score of 65/100 (C+).

CVX

Hold

46

out of 100

Grade: D+

Growth: 2.0Profit: 5.0Value: 4.7Quality: 4.0
Piotroski: 2/9

NCSM

Buy

65

out of 100

Grade: C+

Growth: 7.3Profit: 6.5Value: 8.3Quality: 8.0
Piotroski: 5/9Altman Z: 1.62
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CVXSignificantly Overvalued (-54.6%)

Margin of Safety

-54.6%

Fair Value

$125.03

Current Price

$193.31

$68.28 premium

UndervaluedFair: $125.03Overvalued
NCSMUndervalued (+74.2%)

Margin of Safety

+74.2%

Fair Value

$152.53

Current Price

$54.67

$97.86 discount

UndervaluedFair: $152.53Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CVX3 strengths · Avg: 8.7/10
Market CapQuality
$382.88B10/10

Mega-cap, among the largest globally

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$5.38B8/10

Generating 5.4B in free cash flow

NCSM5 strengths · Avg: 9.8/10
P/E RatioValuation
9.1x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

EPS GrowthGrowth
301.9%10/10

Earnings expanding 301.9% YoY

Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Return on EquityProfitability
20.1%9/10

Every $100 of equity generates 20 in profit

Areas to Watch

CVX4 concerns · Avg: 3.3/10
P/E RatioValuation
29.0x4/10

Moderate valuation

Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

NCSM2 concerns · Avg: 3.5/10
Altman Z-ScoreHealth
1.624/10

Distress zone — elevated risk

Market CapQuality
$205.34M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : CVX

The strongest argument for CVX centers on Market Cap, Price/Book, Free Cash Flow. PEG of 1.08 suggests the stock is reasonably priced for its growth.

Bull Case : NCSM

The strongest argument for NCSM centers on P/E Ratio, Price/Book, EPS Growth. Revenue growth of 12.5% demonstrates continued momentum.

Bear Case : CVX

The primary concerns for CVX are P/E Ratio, Return on Equity, Profit Margin.

Bear Case : NCSM

The primary concerns for NCSM are Altman Z-Score, Market Cap.

Key Dynamics to Monitor

CVX carries more volatility with a beta of 0.59 — expect wider price swings.

NCSM is growing revenue faster at 12.5% — sustainability is the question.

CVX generates stronger free cash flow (5.4B), providing more financial flexibility.

Monitor OIL & GAS INTEGRATED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NCSM scores higher overall (65/100 vs 46/100) and 12.5% revenue growth. 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.

Chevron Corp

ENERGY · OIL & GAS INTEGRATED · USA

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

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.

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