Kodiak Gas Services Inc (KGS) is overvalued and SLB Ltd (SLB) is fairly valued.
Both trade above our estimate of their intrinsic value. SLB is the closer of the two: -0%, against -27% for KGS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.2% (average of 3 methods) values the shares at $43.16; the price of $54.69 is 27% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $52.04; the price of $52.12 sits right on that value, and 77% of that value comes from beyond year five.
Leak Score 46/100 on 9 of 12 signals
| Metric | KGS | SLB |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $54.69 | $52.12 |
| Intrinsic value | $43.16 | $52.04 |
| Margin of safety | -27% | -0% |
| Leak Score | 0/100 (2/12) | 46/100 (9/12) |
| Market cap | $5.5B | $77.4B |
| Revenue growth, 5 years | 19.7% | 8.6% |
| Operating margin | 32.6% | 14.0% |
| Net margin | 5.6% | 8.5% |
| Return on equity | 4.6% | 13.4% |
| Debt to equity | 1.31 | 0.49 |
| P/E | 65.3x | 25.3x |
| Forward P/E | 18.0x | 16.4x |
| P/B | 2.5x | 3.0x |
| Dividend yield | 3.6% | 2.3% |