(DNOW) Now - Overview

Sector: Industrials | Industry: Industrial Distribution | Exchange: NYSE (USA) | Market Cap: 2.251m USD | Total Return: -19.1% in 12m

Pipes, Valves, Fittings, Pumps, Safety

Total Rating 15

Safety 47

Buy Signal -0.58

Industrial Distribution
Industry Rotation: +21.2

Market Cap: 2.25B
Avg Turnover: 34.2M USD

ATR: 3.70%
Peers RS (IBD): 10.9

Risk 5d forecast

Volatility39.3%

Rel. Tail Risk-2.22%

Reward TTM

Sharpe Ratio-0.47

Alpha-50.29

Character TTM

Beta0.941

Beta Downside1.412

Drawdowns 3y

Max DD36.78%

CAGR/Max DD0.11

EPS (Earnings per Share)

EPS CAGR: -47.74%
EPS Trend: -58.7%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 20.74%
Rev. Trend: 70.9%

Last SUE: -1.00
Qual. Beats: 0

Warnings

Share dilution 44.9% YoY - potential capital distress

Altman Z'' 0.69 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: DNOW Now

DNOW Inc. (NYSE: DNOW) is a global distributor of downstream energy and industrial products, serving petroleum refining, chemical processing, LNG terminals, power generation, and gas utilities across North America, Europe, Asia-Pacific, and the Middle East. Its extensive catalog spans pipes, valves, fittings, pumps, generators, compressors, modular process equipment, consumables, safety gear, and after-sales support services, targeting upstream, midstream, and downstream customers such as drilling contractors, refineries, petrochemical plants, and industrial manufacturers.

In its most recent fiscal year (2025), DNOW reported revenue of $7.2 billion, a 5.8 % year-over-year increase driven by higher demand for LNG infrastructure and a 12 % rise in its aftermarket services segment. Adjusted EBITDA margin expanded to 9.3 %, up from 8.1 % in 2024, reflecting improved pricing power and cost-optimization initiatives across its supply-chain and logistics platforms.

Key sector catalysts include the accelerating global transition to low-carbon gas, which is boosting LNG terminal construction and associated valve and piping demand, as well as robust capital-expenditure cycles in the U.S. petrochemical complex upgrades. Additionally, the ongoing shortage of skilled labor in the industrial maintenance market is increasing reliance on DNOW’s integrated inventory-management and after-sales support solutions.

For a deeper dive into DNOW’s valuation and competitive positioning, consider exploring the analysis on ValueRay.

Headlines to Watch Out For

Oil & gas drilling activity dictates demand
Steel and pipe prices impact cost of goods
Energy transition investments create new markets
Geopolitical events disrupt supply chains

Piotroski VR‑10 (Strict) 2.5

Net Income: -75.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -14.41 > 1.0
NWC/Revenue: 46.24% < 20% (prev 24.69%; Δ 21.55% < -1%)
CFO/TA 0.04 > 3% & CFO 155.0m > Net Income -75.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.34 > 1.5 & < 3
Outstanding Shares: last quarter (155.0m) vs 12m ago 44.86% < -2%
Gross Margin: 16.95% > 18% (prev 0.23%; Δ 1.67k% > 0.5%)
Asset Turnover: 101.7% > 50% (prev 146.4%; Δ -44.68% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)

Altman Z'' 0.69

A: 0.33 (Total Current Assets 2.28b - Total Current Liabilities 974.0m) / Total Assets 3.92b
B: -0.21 (Retained Earnings -836.0m / Total Assets 3.92b)
C: -0.03 (EBIT TTM -82.0m / Avg Total Assets 2.77b)
D: -0.57 (Book Value of Equity -960.0m / Total Liabilities 1.69b)
Altman-Z'' Score: 0.69 = B

Beneish M -1.81

DSRI: 1.90 (Receivables 874.0m/388.0m, Revenue 2.82b/2.37b)
GMI: 1.34 (GM 16.95% / 22.71%)
AQI: 1.16 (AQ_t 0.31 / AQ_t-1 0.27)
SGI: 1.19 (Revenue 2.82b / 2.37b)
TATA: -0.06 (NI -75.0m - CFO 155.0m) / TA 3.92b)
Beneish M-Score: -1.81 (Cap -4..+1) = B

What is the price of DNOW shares? As of April 12, 2026, the stock is trading at USD 12.21 with a total of 2,240,109 shares traded.
Over the past week, the price has changed by +0.25%, over one month by +4.99%, over three months by -9.69% and over the past year by -19.09%.

Is DNOW a buy, sell or hold? Now has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy DNOW.

StrongBuy: 1
Buy: 0
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DNOW price?

Analysts Target Price	16	31%

Now (DNOW) - Fundamental Data Overview as of 07 April 2026

P/E Forward = 29.7619
P/S = 0.7982
P/B = 1.0081
Revenue TTM = 2.82b USD
EBIT TTM = -82.0m USD
EBITDA TTM = -30.0m USD
Long Term Debt = 411.0m USD (from longTermDebt, last quarter)
Short Term Debt = 13.0m USD (from shortTermDebt, two quarters ago)
Debt = 669.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 505.0m USD (from netDebt column, last quarter)
Enterprise Value = 2.76b USD (2.25b + Debt 669.0m - CCE 164.0m)
Interest Coverage Ratio = unknown (Ebit TTM -82.0m / Interest Expense TTM 0.0)
EV/FCF = 20.57x (Enterprise Value 2.76b / FCF TTM 134.0m)
FCF Yield = 4.86% (FCF TTM 134.0m / Enterprise Value 2.76b)
FCF Margin = 4.75% (FCF TTM 134.0m / Revenue TTM 2.82b)
Net Margin = -2.66% (Net Income TTM -75.0m / Revenue TTM 2.82b)
Gross Margin = 16.95% ((Revenue TTM 2.82b - Cost of Revenue TTM 2.34b) / Revenue TTM)
Gross Margin QoQ = 5.21% (prev 22.87%)
Tobins Q-Ratio = 0.70 (Enterprise Value 2.76b / Total Assets 3.92b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 669.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -64.8m (EBIT -82.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.34 (Total Current Assets 2.28b / Total Current Liabilities 974.0m)
Debt / Equity = 0.30 (Debt 669.0m / totalStockholderEquity, last quarter 2.24b)
Debt / EBITDA = -16.83 (negative EBITDA) (Net Debt 505.0m / EBITDA -30.0m)
Debt / FCF = 3.77 (Net Debt 505.0m / FCF TTM 134.0m)
Total Stockholder Equity = 1.43b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.71% (Net Income -75.0m / Total Assets 3.92b)
RoE = -5.25% (Net Income TTM -75.0m / Total Stockholder Equity 1.43b)
RoCE = -4.46% (EBIT -82.0m / Capital Employed (Equity 1.43b + L.T.Debt 411.0m))
RoIC = -4.23% (negative operating profit) (NOPAT -64.8m / Invested Capital 1.53b)
WACC = 7.16% (E(2.25b)/V(2.92b) * Re(9.29%) + D(669.0m)/V(2.92b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 20.36%
[DCF] Terminal Value 75.48% ; FCFF base≈196.0m ; Y1≈133.6m ; Y5≈65.9m
[DCF] Fair Price = 5.49 (EV 1.53b - Net Debt 505.0m = Equity 1.02b / Shares 186.3m; r=7.16% [WACC]; 5y FCF grow -37.23% → 3.0% )
EPS Correlation: -58.67 | EPS CAGR: -47.74% | SUE: -4.0 | # QB: 0
Revenue Correlation: 70.89 | Revenue CAGR: 20.74% | SUE: -1.00 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.17 | Chg7d=+0.007 | Chg30d=+0.167 | Revisions Net=-1 | Analysts=3
EPS current Year (2026-12-31): EPS=0.70 | Chg7d=-0.205 | Chg30d=-0.290 | Revisions Net=-1 | Growth EPS=-18.0% | Growth Revenue=+63.7%
EPS next Year (2027-12-31): EPS=1.05 | Chg7d=+0.067 | Chg30d=-0.228 | Revisions Net=-2 | Growth EPS=+48.5% | Growth Revenue=+8.0%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)

External Resources

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