WallStSmart

NCS Multistage Holdings Inc (NCSM)vsShell PLC ADR (SHEL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shell PLC ADR generates 163615% more annual revenue ($296.60B vs $181.17M). SHEL leads profitability with a 8.8% profit margin vs 7.6%. SHEL trades at a lower P/E of 10.3x. SHEL earns a higher WallStSmart Score of 73/100 (B).

NCSM

Buy

51

out of 100

Grade: C-

Growth: 7.3Profit: 4.5Value: 6.7Quality: 8.5
Piotroski: 4/9Altman Z: 2.38

SHEL

Strong Buy

73

out of 100

Grade: B

Growth: 7.3Profit: 6.5Value: 5.3Quality: 6.0
Piotroski: 3/9Altman Z: 2.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for NCSM.

SHELSignificantly Overvalued (-63.0%)

Margin of Safety

-63.0%

Fair Value

$58.46

Current Price

$96.77

$38.31 premium

UndervaluedFair: $58.46Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCSM4 strengths · Avg: 10.0/10
P/E RatioValuation
10.8x10/10

Attractively priced relative to earnings

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

EPS GrowthGrowth
301.9%10/10

Earnings expanding 301.9% YoY

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

SHEL6 strengths · Avg: 10.0/10
Market CapQuality
$266.01B10/10

Mega-cap, among the largest globally

P/E RatioValuation
10.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
44.7%10/10

Revenue surging 44.7% year-over-year

EPS GrowthGrowth
220.0%10/10

Earnings expanding 220.0% YoY

Free Cash FlowQuality
$17.40B10/10

Generating 17.4B in free cash flow

Areas to Watch

NCSM4 concerns · Avg: 2.3/10
Market CapQuality
$140.02M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
7.6%3/10

7.6% margin — thin

Free Cash FlowQuality
$-2.36M2/10

Negative free cash flow — burning cash

Operating MarginProfitability
-14.6%1/10

Operating margin of -14.6%

SHEL2 concerns · Avg: 3.5/10
PEG RatioValuation
1.564/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : NCSM

The strongest argument for NCSM centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : SHEL

The strongest argument for SHEL centers on Market Cap, P/E Ratio, Price/Book. Revenue growth of 44.7% demonstrates continued momentum.

Bear Case : NCSM

The primary concerns for NCSM are Market Cap, Profit Margin, Free Cash Flow.

Bear Case : SHEL

The primary concerns for SHEL are PEG Ratio, Piotroski F-Score.

Key Dynamics to Monitor

NCSM profiles as a value stock while SHEL is a hypergrowth play — different risk/reward profiles.

NCSM carries more volatility with a beta of 0.21 — expect wider price swings.

SHEL is growing revenue faster at 44.7% — sustainability is the question.

SHEL generates stronger free cash flow (17.4B), providing more financial flexibility.

Bottom Line

SHEL scores higher overall (73/100 vs 51/100) and 44.7% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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.

Shell PLC ADR

ENERGY · OIL & GAS INTEGRATED · USA

Shell plc is a global petrochemical and energy company. The company is headquartered in The Hague, the Netherlands.

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