NPK International (NPKI) AI Stock Analysis

• Market Cap: $1.01B
• Dividend Yield: N/A
• Average Volume (3M): 907.26K
• Price to Earnings (P/E): 31.2
• Beta (1Y): 1.25
• Revenue Growth: -53.70%
• EPS Growth: -8.45%
• Country: US
• Employees: 460
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.07
• Shares Outstanding: 84,494,700
• 10 Day Avg. Volume: 768,636
• 30 Day Avg. Volume: 907,256
• PEG Ratio: <0.01
• Price to Book (P/B): 2.02
• Price to Sales (P/S): 3.03
• P/FCF Ratio: -122.76
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 3.65
• Enterprise Value/Gross Profit: 9.96
• Enterprise Value/Ebitda: 13.56
• 1Y Price Target: $18.00
• Price Target Upside: 41.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $14.00 ▲(10.41% Upside)

NPK International's strong financial performance and strategic corporate events are key strengths, contributing positively to its stock score. However, high valuation and challenges in cash flow generation present risks. Technical indicators suggest a bullish trend, but potential overbought conditions warrant caution.

Positive Factors

Revenue Growth

The significant year-over-year revenue growth indicates strong market demand and effective sales strategies, positioning NPKI for sustained expansion.

Strategic Acquisition

The acquisition enhances NPKI's scale and strengthens its U.K. operations, aligning with its growth strategy and expanding market presence.

Cash Flow and Share Repurchase

Robust cash flow and share repurchase demonstrate financial health and commitment to returning value to shareholders, supporting long-term stability.

Negative Factors

Free Cash Flow Challenges

Negative free cash flow growth indicates difficulties in generating cash relative to earnings, potentially impacting future investments and flexibility.

Elevated Transportation Costs

Increased transportation costs can erode margins and profitability, posing a risk to maintaining cost efficiency in the long term.

SG&A Expense Increases

Rising SG&A expenses, driven by incentives and ERP costs, may pressure margins and require careful management to sustain profitability.

NPK International Business Overview & Revenue Model

Company Description

NPK International (NPKI) is a global leader in the chemical manufacturing sector, specializing in the production and distribution of high-quality fertilizers and agrochemicals. The company operates across various sectors, including agriculture, horticulture, and environmental management, providing innovative solutions that enhance crop yield and sustainability. NPKI's core product offerings include nitrogen, phosphorus, and potassium-based fertilizers, as well as specialty fertilizers tailored for specific crops and soil conditions.

How the Company Makes Money

NPKI generates revenue primarily through the sale of its fertilizers and agrochemical products to agricultural businesses, distributors, and retailers worldwide. The company employs a multi-tiered revenue model that includes direct sales, bulk contracts with agricultural cooperatives, and partnerships with key distributors in different regions. Additionally, NPKI invests in research and development to innovate new products, allowing it to maintain a competitive edge and expand its market share. The company also benefits from strategic alliances with agricultural technology firms, enhancing its product offerings and reaching new customer segments. Seasonal demand fluctuations in agriculture, along with global trends towards sustainable practices, significantly contribute to NPKI's earnings.

NPK International Financial Statement Overview

Summary

NPK International shows strong revenue growth and improved profitability, supported by a stable balance sheet with low leverage. However, challenges in generating free cash flow and historical income volatility pose risks.

Income Statement

NPK International has shown a strong revenue growth rate of 10.49% in the TTM, indicating a positive trajectory. The gross profit margin has improved to 36.60%, and the net profit margin is at 12.74%, reflecting enhanced profitability. However, historical volatility in net income, including significant losses in 2024, suggests potential risks.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.057 in the TTM, indicating financial stability. However, the return on equity is negative, suggesting inefficiencies in generating returns from equity. The equity ratio remains strong, signifying a solid capital structure.

Cash Flow

Operating cash flow has improved, with a positive ratio to net income in the TTM. However, free cash flow growth is negative, and the free cash flow to net income ratio is low, indicating challenges in generating free cash flow relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	259.37M	217.49M	207.65M	192.99M	614.78M	492.63M
Gross Profit	94.92M	77.13M	72.55M	59.99M	85.23M	19.37M
EBITDA	69.76M	59.01M	55.20M	43.87M	32.80M	-36.28M
Net Income	33.04M	-150.26M	14.52M	-20.83M	-25.53M	-80.70M
Balance Sheet
Total Assets	404.46M	393.68M	642.34M	714.88M	752.89M	709.19M
Cash, Cash Equivalents and Short-Term Investments	35.64M	17.76M	789.00K	23.18M	24.09M	30.35M
Total Debt	19.19M	18.62M	72.74M	133.93M	137.16M	119.12M
Total Liabilities	70.54M	67.19M	226.97M	291.85M	290.50M	221.16M
Stockholders Equity	333.92M	326.50M	415.36M	423.03M	462.39M	488.03M
Cash Flow
Free Cash Flow	2.04M	-5.36M	70.77M	-53.29M	-24.81M	40.00M
Operating Cash Flow	50.05M	38.17M	100.00M	-25.02M	-3.01M	55.79M
Investing Cash Flow	-27.90M	8.26M	-5.69M	46.23M	-17.48M	-3.40M
Financing Cash Flow	-29.89M	-66.88M	-81.05M	-24.93M	21.41M	-77.94M

NPK International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NPKI, the sentiment is Positive. The current price of 12.68 is above the 20-day moving average (MA) of 12.24, above the 50-day MA of 12.15, and above the 200-day MA of 9.13, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 60.88 is Neutral, neither overbought nor oversold. The STOCH value of 77.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NPKI.

NPK International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NESR	79 Outperform	$1.50B	20.82	7.67%	―	―	―
TTI	77 Outperform	$936.23M	7.62	53.71%	―	0.17%	7307.20%
HLX	71 Outperform	$1.09B	25.67	2.71%	―	-1.95%	530.91%
NPKI	69 Neutral	$1.01B	31.22	10.23%	―	-53.70%	-8.45%
RES	68 Neutral	$1.29B	26.62	4.31%	2.73%	4.20%	-59.96%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MRC	45 Neutral	―	―	0.28%	―	-10.96%	-169.10%

NPK International Corporate Events

NPK International Completes Acquisition of Grassform Plant Hire

On November 24, 2025, NPK Holdings LLC, a subsidiary of NPK International Inc., completed the acquisition of Grassform Plant Hire Limited for £35.2 million, with potential additional payments based on performance. This acquisition enhances NPK’s scale and strengthens its U.K. operations, aligning with its growth strategy and positioning it to capitalize on infrastructure investments in the U.K. market.

NPK International Restructures Leadership Roles in November 2025

On November 10, 2025, NPK International Inc. announced that Gregg S. Piontek, the Senior Vice President and Chief Financial Officer, will assume the role of principal accounting officer as part of the company’s organizational restructuring. This change is part of efforts to streamline the organization, with Douglas L. White stepping down from his role as Chief Accounting Officer but continuing as a non-executive employee to aid in the transition until Spring 2026.

NPK International Reports Strong Q3 2025 Financial Growth

NPK International has reported significant financial growth, with a 26% year-over-year increase in revenue and a 40% growth in adjusted EBITDA as of the third quarter of 2025. The company recently completed the sale of its Fluids Systems segment in September 2024, focusing on expanding its composite matting solutions, which are environmentally friendly and cost-effective, to meet the growing demands in the power transmission and infrastructure sectors.