COMPARE · Data as of August 21, 2026

FLOC vs NESR

Verdict: Side-by-side breakdown using the Bull Rankings model. FLOC scored 61.0, NESR scored 55.3 — FLOC leads.
Compare another set
FLOC
Flowco Holdings Inc.
Oil & Gas Equipment & Services · Quality-Growth
61
$22.63 · $2.5B
fundamentals as of
Score gap
5.7
FLOC leads
NESR
National Energy Services Reunited Corp. Ordinary Shares
Oil & Gas Equipment & Services · Quality-Growth
55.3
$33.03 · $3.3B
fundamentals as of
  • CheapestFLOC17.1x
  • Fastest growthNESR+23.5%
  • Strongest balance sheetFLOC0.25
  • Highest qualityFLOC87 / 100
  • Largest discount to fair valueFLOC-38%
THE BULL RANKINGS SCORECARD61.0/ 100 · BULL SCOREPEER MEDIANQUALITY87.0GROWTH45.4VALUE57.4
THE BULL RANKINGS SCORECARD55.3/ 100 · BULL SCOREPEER MEDIANQUALITY56.5GROWTH50.0VALUE60.0
FLOCNESRQuality87.056.5Growth45.450.0Value57.460.0
cheap & fastrevenue growth →← cheaper (lower multiple)-19%34%12x41xFLOCNESR

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFFLOC$208mNESR$156m
RevFLOC-9.4%NESR+23.5%
D/EFLOC0.25NESR0.29
P/EFLOC17.1xNESR35.9x
PEGFLOC1.14NESR0.76
FLOC
stronger →← stronger
NESR
87
Qualityreturns · margins · balance sheet
56
45
Growthrevenue & earnings expansion
50
57
Valuevaluation vs sector peers
60
NESR is stronger on 2 of 3 pillars.
FLOC
NESR
$208mC
FCF
$156mC
-9.4%D
Rev
+23.5%A-
0.25A-
D/E
0.29A-
17.1xB
P/E
35.9xC
1.14B+
PEG
0.76A-
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
FLOC
NESR
38% below
Price vs fair valuelower is cheaper
9% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~12%/yr
+39%
1-yr DCF upside
-16%
+62%
5-yr DCF upside
+10%
+103%
10-yr DCF upside
+65%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
FLOC
Why this score
  • Short track record
NESR
Why this score
  • Diluting shareholders
  • Cyclical growth
  • Short track record
FLOCFlowco Holdings Inc.
Oil & Gas Equipment & Services · $22.63
Why now
Oil & Gas Equipment & Services · market cap $2.5b. 20% off the 52-week high of $28.26. Revenue -9% — in contraction; any catalyst that reverses this triggers re-rating. 9 sell-side analysts rate this a Buy with a mean 1-yr target of $31.00 (implying +37% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 14% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Revenue contracting -9% — the operational turn is not yet visible in the top line. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
NESRNational Energy Services Reunited Corp. Ordinary Shares
Oil & Gas Equipment & Services · $33.03 · beta 0.36
Why now
Oil & Gas Equipment & Services · market cap $3.3b. 11% off the 52-week high of $36.94. Revenue growing +24%, comfortably above the S&P median. PEG 0.76 — paying under fair value for the growth rate. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $43.00 (implying +30% upside).
Moat
FCF converts 167% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trailing P/E 36x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where FLOC and NESR diverge

On the headline score the gap is 5.7 points in favor of FLOC. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.