WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shell PLC ADR generates 145241% more annual revenue ($266.89B 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+).

NCSM

Buy

65

out of 100

Grade: C+

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

SHEL

Buy

61

out of 100

Grade: C+

Growth: 4.7Profit: 5.5Value: 6.7Quality: 6.0
Piotroski: 4/9Altman Z: 2.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NCSMUndervalued (+74.2%)

Margin of Safety

+74.2%

Fair Value

$152.53

Current Price

$54.67

$97.86 discount

UndervaluedFair: $152.53Overvalued
SHELUndervalued (+4.2%)

Margin of Safety

+4.2%

Fair Value

$84.32

Current Price

$90.67

$6.35 discount

UndervaluedFair: $84.32Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

SHEL5 strengths · Avg: 9.2/10
Market CapQuality
$252.85B10/10

Mega-cap, among the largest globally

Price/BookValuation
1.5x10/10

Reasonable price relative to book value

EPS GrowthGrowth
376.2%10/10

Earnings expanding 376.2% YoY

P/E RatioValuation
15.1x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$3.45B8/10

Generating 3.4B in free cash flow

Areas to Watch

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

SHEL2 concerns · Avg: 2.5/10
Profit MarginProfitability
6.7%3/10

6.7% margin — thin

Revenue GrowthGrowth
-3.3%2/10

Revenue declined 3.3%

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : SHEL

The strongest argument for SHEL centers on Market Cap, Price/Book, EPS Growth. PEG of 1.31 suggests the stock is reasonably priced for its growth.

Bear Case : NCSM

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

Bear Case : SHEL

The primary concerns for SHEL are Profit Margin, Revenue Growth.

Key Dynamics to Monitor

NCSM carries more volatility with a beta of 0.35 — expect wider price swings.

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

SHEL generates stronger free cash flow (3.4B), providing more financial flexibility.

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

Bottom Line

NCSM scores higher overall (65/100 vs 61/100) and 12.5% revenue growth. Both earn "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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