National Energy Services Reunited Corp. (NESR) Fair Value 2026

NESR · Oil & Gas Equipment & Services ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.4 /10

32 fundamental signals · 10 models active

Value Trap Risk

SAFE (17/100)

Quick Summary — As of 2026-08-28, National Energy Services Reunited Corp. (NESR) trades at $34.44, versus a $24.12 median fair value across its 10 active models — 30.0% below the current price. QOC: 8.4/10. Value Trap Risk: 17/100 (SAFE). 10/13 models active. Within that set, the Bayesian DCF component alone returns $34.98.

Key Facts

Ticker
NESR
Price
$34.44
Quality Score
8.4/10
Value Trap Risk
17/100
Models Active
10/13
Last Updated
Strength: First Chicago suggests +85.3% upside with 62% confidence
Risk: Limited model coverage (10/13) may reduce confidence

Is National Energy Services Reunited Corp. (NESR) Undervalued or Overvalued in 2026?

According to CirclFi’s 10-model valuation engine, National Energy Services Reunited Corp. (NESR) appears overvalued as of : the median of 10 independent fair value estimates is $24.12, 30.0% below the current price of $34.44. Estimates range from $4.86 to $88.41. NESR scores 8.4/10 on fundamental quality and 17/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. NESR’s -30.0% gap is wider than that market norm, and the Oil & Gas Equipment & Services sector median is -18.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy National Energy Services Reunited Corp. Stock in 2026? →

What Fair Value Does Each Model Give NESR?

10 Intrinsic Value Models vs. Current Price ($34.44)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $34.98 +1.6%
Intrinsic · High Conviction
 $4.86 -85.9%
Ensemble · Low Conviction
 $24.74 -28.2%
Scenario · High Conviction
 $63.81 +85.3%
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What Is NESR's Fair Value Range?

Spread across 10 independent models · $4.86 to $88.41

CirclFi's 10 active models place National Energy Services Reunited Corp. (NESR) between $4.86 and $88.41 per share, a spread of 346% of the median. The median of that range — $24.12 — is the fair value CirclFi publishes for NESR, against a current price of $34.44.

Low · EPVHigh · Regime Cross
$4.86median $24.12$88.41
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$4.86
Most bullish modelRegime Cross-Sectional$88.41
Model agreement2 bullish · 7 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for NESR. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on NESR, not a CirclFi price target. How each model works →

What Is National Energy Services Reunited Corp. (NESR) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, National Energy Services Reunited Corp.'s intrinsic value is estimated at a median fair value of $24.12. Trading at $34.44, the stock is approaching fair value or slight overvaluation (implied return of -30.0%), as 7 of 10 models suggest limited further upside. The most optimistic model, Regime Cross, places fair value at $88.41 (+156.7%), while EPV — the most conservative — estimates $4.86 (-85.9%). This +242.6% gap reflects genuine analytical uncertainty about National Energy Services Reunited Corp.'s intrinsic worth. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About NESR?

10 of 13 models are currently active for NESR. Of these, 3 models suggest upside while 7 models suggest overvaluation. Taken together, their median fair value for NESR is $24.12 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $34.98 on its own, implying +1.6% upside from the current price. See which stocks rank higher →

How Does NESR Rank in Oil & Gas Equipment & Services?

Among 53 Oil & Gas Equipment & Services stocks, NESR ranks #9 by Quality of Company score. CirclFi's QOC score of 8.4/10 evaluates 32 fundamental signals. A score of 8.4 places NESR in the top tier.

The Oil & Gas Equipment & Services sector introduces analytical considerations specific to energy businesses. For National Energy Services Reunited Corp., metrics like reserve life index provide important context that general-purpose valuation models may underweight.

Is NESR a Value Trap?

CirclFi's Value Trap algorithm assigns NESR a score of 17/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

10 of 13 models are active for National Energy Services Reunited Corp.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, National Energy Services Reunited Corp. scores 8.4 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +242.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NESR valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NESR's 10 active models, average confidence is 52%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy National Energy Services Reunited Corp. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas Equipment & Services Stocks Should You Also Analyze?

11 related Oil & Gas Equipment & Services stocks with 13-model coverage

BKRBaker Hughes CompanyQOC 8.5XPROExpro LtdQOC 8.4TSTenaris S.A.QOC 8.6NCSMNCS Multistage Holdings, Inc.QOC 8.4WFRDWeatherford International plcQOC 8.6HALHalliburton CompanyQOC 8.3KGSKodiak Gas Services, Inc.QOC 7.9GEOSGeospace Technologies CorporationQOC 6.7EROKEagleRock Land LLCQOC 4.0WHDCactus, Inc.QOC 9.2FTITechnipFMC plcQOC 8.9

Read investment analysis: BKR · XPRO · TS · NCSM · WFRD · HAL · KGS · GEOS · EROK · WHD · FTI

Which Other Stocks Have a Similar Quality Score to NESR?

7 companies across all industries closest to NESR’s Quality of Company score of 8.4/10.

MPAAMotorcar Parts of America, Inc.QOC 8.4FMFGFarmers and Merchants Bancshares, Inc.QOC 8.4CKXCKX Lands, Inc.QOC 8.4BFCBank First CorporationQOC 8.4KEXKirby CorporationQOC 8.4AMALAmalgamated Financial Corp.QOC 8.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MPAA · FMFG · CKX · BFC · KEX · AMAL · NVDA

What Else Do Investors Ask About National Energy Services Reunited Corp.’s Valuation?

What is National Energy Services Reunited Corp.'s intrinsic value in 2026?

CirclFi puts National Energy Services Reunited Corp. (NESR)'s intrinsic value at $24.12 — the median of 10 independent model estimates as of 2026-08-28, ranging from $4.86 to $88.41. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $34.98 on its own. The Quality of Company score is 8.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NESR overvalued or undervalued right now?

At $34.44, 3 of 10 active models suggest NESR may be undervalued, while 7 indicate potential overvaluation. The median of all 10 fair value estimates is $24.12, 30.0% below the current price of $34.44 — a consensus view that NESR is overvalued. The assessment depends on which methodology best fits National Energy Services Reunited Corp.'s business model in Oil & Gas Equipment & Services.

What does a Quality of Company score of 8.4 mean for NESR?

National Energy Services Reunited Corp.'s QOC of 8.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on NESR?

CirclFi analyzes NESR with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 10 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on NESR?

Of the 10 models currently active on NESR, Regime Cross-Sectional is the most bullish at $88.41 per share, and Earnings Power Value (EPV) is the most bearish at $4.86. CirclFi's published fair value for NESR is the median of that range, $24.12, not either extreme. The gap between the two ends equals 346% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is NESR a value trap in 2026?

National Energy Services Reunited Corp.'s Value Trap score is 17/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 10-model valuation engine, National Energy Services Reunited Corp. (NESR) has a median fair value of $24.12 — 30.0% below the current price of $34.44 — as of 2026-08-28.” Source: circlfi.com/stock/NESR/ · Methodology
Primary sources for this NESR valuation

Market data for NESR as of ; valuations recomputed .

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