Is NCS Multistage Holdings, Inc. (NCSM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 11.9% / 30% | 21.1% / 30% | 29.8% / 30% | 2.67% / 5% | ✓ HALAL |
| DJIM | 11.9% / 33% | 21.1% / 33% | 29.8% / 33% | 2.67% / 5% | ✓ HALAL |
| MSCI | 9.6% / 33% | 16.9% / 33% | 24.0% / 33% | 2.67% / 5% | ✓ HALAL |
| S&P | 11.9% / 33% | 21.1% / 33% | 29.8% / 33% | 2.67% / 5% | ✓ HALAL |
| FTSE | 9.6% / 33% | 16.9% / 33% | 24.0% / 50% | 2.67% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 41.1% | |
| Operating Margin | 10.6% | |
| Net Margin | 12.9% | |
| Return on Equity (ROE) | 20.1% | |
| Return on Assets (ROA) | 4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $22M |
| Free Cash Flow | $21M |
| Total Debt | $13M |
| Debt-to-Equity | 9.0 |
| Current Ratio | 4.3 |
| Total Assets | $181M |
Price & Trading
| Last Close | $70.76 |
| 50-Day MA | $48.10 |
| 200-Day MA | $40.57 |
| Avg Volume | 16K |
| Beta | 0.6 |
|
52-Week Range
$25.09
| |
About NCS Multistage Holdings, Inc. (NCSM)
NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. The company provides fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products, as well as enhanced recovery products, such as sliding sleeve and Terrus system, an injection control device; repeat precision products comprising composite and dissolvable frac plugs and bridge plugs, setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves. It offers its products and services primarily to exploration and production companies for use in onshore and offshore wells through technically-trained sales force, operating partners, and representatives. The company was formerly known as Pioneer Super Holdings, Inc. and changed its name to NCS Multistage Holdings, Inc. in December 2016. NCS Multistage Holdings, Inc. was founded in 2006 and is headquartered in Houston, Texas.
Purification Calculator
As a halal stock with 2.67% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is NCS Multistage Holdings, Inc. (NCSM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NCS Multistage Holdings, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NCS Multistage Holdings, Inc.'s debt ratio?
NCS Multistage Holdings, Inc.'s debt ratio is 11.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 9.6%.
Does NCS Multistage Holdings, Inc. require dividend purification?
Yes, NCS Multistage Holdings, Inc. has an impermissible income ratio of 2.67%, which means 2.67% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are NCS Multistage Holdings, Inc.'s key financial metrics?
NCS Multistage Holdings, Inc. has a market capitalization of $186M, trailing P/E ratio of 8.4, and revenue of $184M. The company maintains a gross margin of 41.1% and a net margin of 12.9%. Return on equity stands at 20.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.