Nine Energy Service, Inc. (NINE)
Total Valuation
NINE has a market cap or net worth of $74.89 million. The enterprise value is $410.37 million.
Market Cap | 74.89M |
Enterprise Value | 410.37M |
Important Dates
The last earnings date was Thursday, March 7, 2024, after market close.
Earnings Date | Mar 7, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
NINE has 35.32 million shares outstanding. The number of shares has increased by 3.20% in one year.
Shares Outstanding | 35.32M |
Shares Change (YoY) | +3.20% |
Shares Change (QoQ) | +0.59% |
Owned by Insiders (%) | 18.75% |
Owned by Institutions (%) | 57.74% |
Float | 16.47M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 0.12 |
Forward PS | 0.12 |
PB Ratio | n/a |
P/FCF Ratio | 3.35 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.65, with an EV/FCF ratio of 18.36.
EV / Earnings | n/a |
EV / Sales | 0.67 |
EV / EBITDA | 5.65 |
EV / EBIT | 21.05 |
EV / FCF | 18.36 |
Financial Position
The company has a current ratio of 2.22
Current Ratio | 2.22 |
Quick Ratio | 1.44 |
Debt / Equity | n/a |
Debt / EBITDA | 5.04 |
Debt / FCF | 16.39 |
Interest Coverage | 0.38 |
Financial Efficiency
Return on Equity (ROE) | n/a |
Return on Assets (ROA) | -7.80% |
Return on Capital (ROIC) | n/a |
Revenue Per Employee | $526,816 |
Profits Per Employee | -$27,842 |
Employee Count | 1,157 |
Asset Turnover | 1.47 |
Inventory Turnover | 8.42 |
Taxes
In the past 12 months, NINE has paid $585,000 in taxes.
Income Tax | 585,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -59.06% in the last 52 weeks. The beta is 3.42, so NINE's price volatility has been higher than the market average.
Beta (1Y) | 3.42 |
52-Week Price Change | -59.06% |
50-Day Moving Average | 2.23 |
200-Day Moving Average | 3.26 |
Relative Strength Index (RSI) | 54.15 |
Average Volume (30 Days) | 641,144 |
Short Selling Information
The latest short interest is 3.28 million, so 9.28% of the outstanding shares have been sold short.
Short Interest | 3.28M |
Short Previous Month | 3.27M |
Short % of Shares Out | 9.28% |
Short % of Float | 19.89% |
Short Ratio (days to cover) | 6.67 |
Income Statement
In the last 12 months, NINE had revenue of $609.53 million and -$32.21 million in losses. Loss per share was -$0.97.
Revenue | 609.53M |
Gross Profit | 118.78M |
Operating Income | 18.01M |
Pretax Income | -31.63M |
Net Income | -32.21M |
EBITDA | 72.67M |
EBIT | 19.49M |
Loss Per Share | -$0.97 |
Balance Sheet
The company has $30.84 million in cash and $366.32 million in debt, giving a net cash position of -$335.48 million or -$9.50 per share.
Cash & Cash Equivalents | 30.84M |
Total Debt | 366.32M |
Net Cash | -335.48M |
Net Cash Per Share | -$9.50 |
Equity / Book Value | -35.63M |
Book Value Per Share | -1.01 |
Working Capital | 100.88M |
Cash Flow
In the last 12 months, operating cash flow was $45.51 million and capital expenditures -$23.16 million, giving a free cash flow of $22.35 million.
Operating Cash Flow | 45.51M |
Capital Expenditures | -23.16M |
Free Cash Flow | 22.35M |
FCF Per Share | $0.67 |
Margins
Gross margin is 19.49%, with operating and profit margins of 2.95% and -5.28%.
Gross Margin | 19.49% |
Operating Margin | 2.95% |
Pretax Margin | -5.19% |
Profit Margin | -5.28% |
EBITDA Margin | 11.92% |
EBIT Margin | 3.20% |
FCF Margin | 3.67% |
Dividends & Yields
NINE does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -3.20% |
Shareholder Yield | -3.20% |
Earnings Yield | -43.01% |
FCF Yield | 29.85% |
Analyst Forecast
The average price target for NINE is $7.00, which is 209.74% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $7.00 |
Price Target Difference | 209.74% |
Analyst Consensus | Strong Buy |
Analyst Count | 2 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
NINE has an Altman Z-Score of -0.8 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -0.8 |
Piotroski F-Score | 4 |