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WTTR vs NCSM
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Equipment & Services
WTTR vs NCSM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Water | Oil & Gas Equipment & Services |
| Market Cap | $1.78B | $105M |
| Revenue (TTM) | $1.40B | $180M |
| Net Income (TTM) | $22M | $19M |
| Gross Margin | 18.2% | 36.7% |
| Operating Margin | 2.3% | 5.2% |
| Forward P/E | 43.2x | 8.7x |
| Total Debt | $374M | $13M |
| Cash & Equiv. | $18M | $37M |
WTTR vs NCSM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Select Water Soluti… (WTTR) | 100 | 293.8 | +193.8% |
| NCS Multistage Hold… (NCSM) | 100 | 385.2 | +285.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WTTR vs NCSM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WTTR is the clearest fit if your priority is long-term compounding.
- 31.1% 10Y total return vs NCSM's -90.0%
- 1.9% yield; 3-year raise streak; the other pay no meaningful dividend
- +116.0% vs NCSM's +34.8%
NCSM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.28
- Rev growth 13.6%, EPS growth 239.2%, 3Y rev CAGR 5.9%
- Lower volatility, beta 0.28, Low D/E 9.0%, current ratio 4.27x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.6% revenue growth vs WTTR's -3.1% | |
| Value | Lower P/E (8.7x vs 43.2x) | |
| Quality / Margins | 10.8% margin vs WTTR's 1.5% | |
| Stability / Safety | Beta 0.28 vs WTTR's 1.09, lower leverage | |
| Dividends | 1.9% yield; 3-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +116.0% vs NCSM's +34.8% | |
| Efficiency (ROA) | 11.4% ROA vs WTTR's 1.3%, ROIC 7.9% vs 2.3% |
WTTR vs NCSM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WTTR vs NCSM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NCSM leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WTTR is the larger business by revenue, generating $1.4B annually — 7.8x NCSM's $180M. NCSM is the more profitable business, keeping 10.8% of every revenue dollar as net income compared to WTTR's 1.5%. On growth, WTTR holds the edge at -2.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.4B | $180M |
| EBITDAEarnings before interest/tax | $217M | $15M |
| Net IncomeAfter-tax profit | $22M | $19M |
| Free Cash FlowCash after capex | -$95M | $24M |
| Gross MarginGross profit ÷ Revenue | +18.2% | +36.7% |
| Operating MarginEBIT ÷ Revenue | +2.3% | +5.2% |
| Net MarginNet income ÷ Revenue | +1.5% | +10.8% |
| FCF MarginFCF ÷ Revenue | -6.8% | +13.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.3% | -8.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -4.4% | -109.3% |
Valuation Metrics
NCSM leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 4.6x trailing earnings, NCSM trades at a 95% valuation discount to WTTR's 87.3x P/E. On an enterprise value basis, NCSM's 4.6x EV/EBITDA is more attractive than WTTR's 10.1x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.8B | $105M |
| Enterprise ValueMkt cap + debt − cash | $2.1B | $81M |
| Trailing P/EPrice ÷ TTM EPS | 87.25x | 4.63x |
| Forward P/EPrice ÷ next-FY EPS est. | 43.23x | 8.75x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 10.15x | 4.60x |
| Price / SalesMarket cap ÷ Revenue | 1.26x | 0.57x |
| Price / BookPrice ÷ Book value/share | 1.95x | 0.77x |
| Price / FCFMarket cap ÷ FCF | — | 5.01x |
Profitability & Efficiency
NCSM leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
NCSM delivers a 14.4% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $2 for WTTR. NCSM carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to WTTR's 0.40x. On the Piotroski fundamental quality scale (0–9), NCSM scores 6/9 vs WTTR's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +2.2% | +14.4% |
| ROA (TTM)Return on assets | +1.3% | +11.4% |
| ROICReturn on invested capital | +2.3% | +7.9% |
| ROCEReturn on capital employed | +2.9% | +8.4% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 |
| Debt / EquityFinancial leverage | 0.40x | 0.09x |
| Net DebtTotal debt minus cash | $356M | -$24M |
| Cash & Equiv.Liquid assets | $18M | $37M |
| Total DebtShort + long-term debt | $374M | $13M |
| Interest CoverageEBIT ÷ Interest expense | 1.54x | 28.21x |
Total Returns (Dividends Reinvested)
WTTR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WTTR five years ago would be worth $29,693 today (with dividends reinvested), compared to $15,891 for NCSM. Over the past 12 months, WTTR leads with a +116.0% total return vs NCSM's +34.8%. The 3-year compound annual growth rate (CAGR) favors WTTR at 34.7% vs NCSM's 27.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +58.6% | +1.0% |
| 1-Year ReturnPast 12 months | +116.0% | +34.8% |
| 3-Year ReturnCumulative with dividends | +144.4% | +106.1% |
| 5-Year ReturnCumulative with dividends | +196.9% | +58.9% |
| 10-Year ReturnCumulative with dividends | +31.1% | -90.0% |
| CAGR (3Y)Annualised 3-year return | +34.7% | +27.3% |
Risk & Volatility
Evenly matched — WTTR and NCSM each lead in 1 of 2 comparable metrics.
Risk & Volatility
NCSM is the less volatile stock with a 0.28 beta — it tends to amplify market swings less than WTTR's 1.09 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WTTR currently trades 97.2% from its 52-week high vs NCSM's 45.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.09x | 0.28x |
| 52-Week HighHighest price in past year | $17.95 | $87.36 |
| 52-Week LowLowest price in past year | $7.20 | $28.64 |
| % of 52W HighCurrent price vs 52-week peak | +97.2% | +45.9% |
| RSI (14)Momentum oscillator 0–100 | 67.9 | 28.6 |
| Avg Volume (50D)Average daily shares traded | 1.6M | 38K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
WTTR is the only dividend payer here at 1.86% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | — |
| Price TargetConsensus 12-month target | $16.00 | — |
| # AnalystsCovering analysts | 14 | — |
| Dividend YieldAnnual dividend ÷ price | +1.9% | — |
| Dividend StreakConsecutive years of raises | 3 | — |
| Dividend / ShareAnnual DPS | $0.32 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | +0.3% |
NCSM leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). WTTR leads in 1 (Total Returns). 1 tied.
WTTR vs NCSM: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is WTTR or NCSM a better buy right now?
For growth investors, NCS Multistage Holdings, Inc.
(NCSM) is the stronger pick with 13. 6% revenue growth year-over-year, versus -3. 1% for Select Water Solutions, Inc. (WTTR). NCS Multistage Holdings, Inc. (NCSM) offers the better valuation at 4. 6x trailing P/E (8. 7x forward), making it the more compelling value choice. Analysts rate Select Water Solutions, Inc. (WTTR) a "Buy" — based on 14 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WTTR or NCSM?
On trailing P/E, NCS Multistage Holdings, Inc.
(NCSM) is the cheapest at 4. 6x versus Select Water Solutions, Inc. at 87. 3x. On forward P/E, NCS Multistage Holdings, Inc. is actually cheaper at 8. 7x.
03Which is the better long-term investment — WTTR or NCSM?
Over the past 5 years, Select Water Solutions, Inc.
(WTTR) delivered a total return of +196. 9%, compared to +58. 9% for NCS Multistage Holdings, Inc. (NCSM). Over 10 years, the gap is even starker: WTTR returned +31. 1% versus NCSM's -90. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WTTR or NCSM?
By beta (market sensitivity over 5 years), NCS Multistage Holdings, Inc.
(NCSM) is the lower-risk stock at 0. 28β versus Select Water Solutions, Inc. 's 1. 09β — meaning WTTR is approximately 291% more volatile than NCSM relative to the S&P 500. On balance sheet safety, NCS Multistage Holdings, Inc. (NCSM) carries a lower debt/equity ratio of 9% versus 40% for Select Water Solutions, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — WTTR or NCSM?
By revenue growth (latest reported year), NCS Multistage Holdings, Inc.
(NCSM) is pulling ahead at 13. 6% versus -3. 1% for Select Water Solutions, Inc. (WTTR). On earnings-per-share growth, the picture is similar: NCS Multistage Holdings, Inc. grew EPS 239. 2% year-over-year, compared to -33. 3% for Select Water Solutions, Inc.. Over a 3-year CAGR, NCSM leads at 5. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WTTR or NCSM?
NCS Multistage Holdings, Inc.
(NCSM) is the more profitable company, earning 12. 9% net margin versus 1. 5% for Select Water Solutions, Inc. — meaning it keeps 12. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NCSM leads at 6. 4% versus 2. 5% for WTTR. At the gross margin level — before operating expenses — NCSM leads at 38. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is WTTR or NCSM more undervalued right now?
On forward earnings alone, NCS Multistage Holdings, Inc.
(NCSM) trades at 8. 7x forward P/E versus 43. 2x for Select Water Solutions, Inc. — 34. 5x cheaper on a one-year earnings basis.
08Which pays a better dividend — WTTR or NCSM?
In this comparison, WTTR (1.
9% yield) pays a dividend. NCSM does not pay a meaningful dividend and should not be held primarily for income.
09Is WTTR or NCSM better for a retirement portfolio?
For long-horizon retirement investors, NCS Multistage Holdings, Inc.
(NCSM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 28)). Both have compounded well over 10 years (NCSM: -90. 0%, WTTR: +31. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between WTTR and NCSM?
These companies operate in different sectors (WTTR (Utilities) and NCSM (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: WTTR is a small-cap quality compounder stock; NCSM is a small-cap deep-value stock. WTTR pays a dividend while NCSM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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