DNOW Stock Analysis: Now | NYSE

Pipe Fittings, Valves, Pumps, Process Equipment

Total Rating 35

Safety 38

Buy Signal 0.48

Industrial Distribution
Industry Rotation: -4.5

Market Cap: 2.91B
Avg Turnover: 34.5M

Risk 3d forecast

Volatility37.6%

VaR 5^th Pctl6.65%

VaR vs Median7.37%

Reward TTM

Sharpe Ratio0.16

Rel. Str. IBD70.2

Rel. Str. Peer Group62.1

Character TTM

Beta0.923

Beta Downside0.951

Hurst Exponent0.562

Drawdowns 3y

Max DD36.78%

CAGR/Max DD0.34

CAGR/Mean DD0.85

EPS (Earnings per Share)

EPS CAGR: -12.45%
EPS Trend: -66.5%

Last SUE: 0.78
Qual. Beats: 0

Revenue

Rev. CAGR: 17.28%
Rev. Trend: 78.4%

Last SUE: 0.97
Qual. Beats: 2

Warnings

Strong Share Dilution

Tailwinds

Supp Ema20

Confidence

Seasonality 11.6 years of data

Jan +6.9% 35

Feb -0.5% 5

Mar +5.2% 11

Apr -0.2% 18

May -1.4% 31

Jun +1.8% 8

Jul +3.8% 24

Aug +0.0% 0

Sep -1.3% 23

Oct -5.3% 57

Nov -1.6% 14

Dec +0.1% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DNOW Now

DNOW Inc. is a Houston-based industrial distributor that supplies pipe, valves, fittings, pumps, and a wide range of related products to energy and industrial customers across the United States, Canada, and international markets. The company is classified within the Trading Companies & Distributors sub-industry of the Industrials sector, reflecting its role as an intermediary between manufacturers and end users rather than as a producer itself.

The companys product portfolio spans flanges, gaskets, fasteners, electrical and instrumentation components, artificial lift systems, pumping equipment, and a broad catalog of maintenance, repair, and operating (MRO) consumables. It also distributes original equipment manufacturer (OEM) items such as generator sets, air compressors, and valves, and provides modular oil and gas wellsite facility solutions under brands including EcoVapo. The breadth of offerings positions DNOW as a one-stop supplier for both routine and specialized industrial needs.

Beyond products, DNOW generates revenue from a significant services business that includes supply chain management, inventory planning, integrated supply, vendor-managed inventory, and on-site technical support. Value-added offerings such as valve inspection and repair, pressure testing, product tagging, system integration, and field service for mobile pumping units allow the company to capture incremental margin and deepen customer relationships beyond simple product resale.

DNOW serves the full energy value chain, including upstream oil and gas, midstream operators, and gas utilities, alongside downstream and industrial end markets such as refining, petrochemicals, mining, water and wastewater treatment, data centers, LNG, and renewable natural gas facilities. Originally founded in 1862, the company was renamed from NOW Inc. to DNOW Inc. in January 2024 and trades on the NYSE under the ticker symbol DNOW.

Headlines to Watch Out For

U.S. shale rig count recovery boosts upstream product demand
Data center and LNG facility demand expands industrial segment
Inventory management and supplier pricing actions support gross margin recovery

Piotroski VR-10 (Strict) 3.0

Net Income: -187.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -9.08 > 1.0
NWC/Revenue: 27.58% < 20% (prev 26.00%; Δ 1.58% < -1%)
CFO/TA 0.04 > 3% & CFO 164.0m > Net Income -187.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.14 > 1.5 & < 3
Outstanding Shares: last quarter (182.0m) vs 12m ago 71.70% < -2%
Gross Margin: 15.90% > 18% (prev 22.92%; Δ -7.02% > 0.5%)
Asset Turnover: 149.1% > 50% (prev 144.7%; Δ 4.36% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)

Altman Z'' 2.17

A: 0.30 (Total Current Assets 2.12b - Total Current Liabilities 991.0m) / Total Assets 3.82b
B: -0.24 (Retained Earnings -901.0m / Total Assets 3.82b)
C: -0.04 (EBIT TTM -114.0m / Avg Total Assets 2.74b)
D: 1.22 (Book Value of Equity 2.10b / Total Liabilities 1.72b)
Altman-Z'' = 2.17 = BBB

Beneish M -1.79

DSRI: 1.19 (Receivables 889.0m/440.0m, Revenue 4.08b/2.40b)
GMI: 1.44 (GM 22.92% / 15.90%)
AQI: 1.32 (AQ_t 0.34 / AQ_t-1 0.26)
SGI: 1.70 (Revenue 4.08b / 2.40b)
TATA: -0.09 (NI -187.0m - CFO 164.0m) / TA 3.82b)
Beneish M = -1.79 (Cap -4..+1) = B

What is the price of DNOW shares?

As of September 09, 2026, the stock is trading at USD 16.15 with a total of 1,743,844 shares traded. Over the past week, the price has changed by +0.75%, over one month by -3.00%, over three months by +18.32% and over the past year by +2.34%.

Current recommended Stop Loss: 15.30 (which is 5.3% or 1.9 ATR below the current price).

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	18.8	16.1%

Now (DNOW) - Fundamental Data Overview as of 06 September 2026

Market Cap USD = 2.91b (2.91b USD * 1.0 USD.USD)
P/E Forward = 29.7619
P/S = 0.7138
P/B = 1.3647
Revenue TTM = 4.08b USD
EBIT TTM = -114.0m USD
EBITDA TTM = -37.0m USD
Long Term Debt = 474.0m USD (from longTermDebt, last quarter)
Short Term Debt = 48.0m USD (from shortTermDebt, last quarter)
Debt = 788.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 157.0m
Net Debt = 674.0m USD (calculated: Debt 788.0m - CCE 114.0m)
Enterprise Value = 3.59b USD (2.91b + Debt 788.0m - CCE 114.0m)
Interest Coverage Ratio = unknown (Ebit TTM -114.0m / Interest Expense TTM 0.0)
EV/FCF = 26.38x (Enterprise Value 3.59b / FCF TTM 136.0m)
FCF Yield = 3.79% (FCF TTM 136.0m / Enterprise Value 3.59b)
FCF Margin = 3.33% (FCF TTM 136.0m / Revenue TTM 4.08b)
Net Margin = -4.58% (Net Income TTM -187.0m / Revenue TTM 4.08b)
Gross Margin = 15.90% ((Revenue TTM 4.08b - Cost of Revenue TTM 3.43b) / Revenue TTM)
Gross Margin QoQ = 18.59% (prev 16.31%)
Tobins Q-Ratio = 0.94 (Enterprise Value 3.59b / Total Assets 3.82b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 788.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -90.1m (EBIT -114.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.14 (Total Current Assets 2.12b / Total Current Liabilities 991.0m)
Debt / Equity = 0.38 (Debt 788.0m / totalStockholderEquity, last quarter 2.10b)
Debt / EBITDA = -18.22 (negative EBITDA) (Net Debt 674.0m / EBITDA -37.0m)
Debt / FCF = 4.96 (Net Debt 674.0m / FCF TTM 136.0m)
Total Stockholder Equity = 1.92b (last 4 quarters mean from totalStockholderEquity)
RoA = -6.83% (Net Income -187.0m / Total Assets 3.82b)
RoE = -9.76% (Net Income TTM -187.0m / Total Stockholder Equity 1.92b)
RoCE = -4.77% (EBIT -114.0m / Capital Employed (Equity 1.92b + L.T.Debt 474.0m))
RoIC = -3.26% (negative operating profit) (NOPAT -90.1m / Invested Capital 2.76b)
WACC = 7.27% (E(2.91b)/V(3.70b) * Re(9.23%) + D(788.0m)/V(3.70b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.56 | Cagr: 26.44%
[DCF] Terminal Value 73.10% ; FCFF base≈165.6m ; Y1≈145.2m ; Y5≈117.3m
[DCF] Fair Price = 6.69 (EV 1.88b - Net Debt 674.0m = Equity 1.21b / Shares 180.8m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -66.49 | EPS CAGR: -12.45% | SUE: 0.78 | # QB: 0
Revenue Correlation: 78.35 | Revenue CAGR: 17.28% | SUE: 0.97 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.14 | Chg30d=+26.22% | Revisions=+40% | Analysts=5
EPS current Year (2026-12-31): EPS=0.35 | Chg30d=+8.81% | Revisions=+38% | GrowthEPS=-59.8% | GrowthRev=+79.7%
EPS next Year (2027-12-31): EPS=0.82 | Chg30d=-2.84% | Revisions=+29% | GrowthEPS=+137.6% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +50% (up=9, down=2)