EN DE

Kodiak Gas Services, Inc. (KGS) Fair Value & Analysis

Energy · US · Market cap $7.0B · ISIN US50012A1088

What is Kodiak Gas Services, Inc. really worth?

KG Kodiak Gas Services, Inc. logo Kodiak Gas Services, Inc. KGS · US
Price$61.70
Fair Value$13.56
Upside−78.0%
Quality46/100

Below-average quality, and trading another 355% above our fair value of $13.56.

Watch Kodiak Gas Services, Inc. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Risks

!Expensive Growth (revenue 5y +19.7 %/yr)
!Thin margins · 5.1% net margin
!High debt · generates free cash flow
!Trails peers (4/14)
!Moderate moat 56/100
!Weak on future: 25 out of 100
!Weak on past: 22 out of 100

For context

·3.11% dividend yield
Evidence: High Range $10.17 – $16.95

Fair value as of: Sep 3, 2026

From 25 valuation models · updated yesterday

Share price +3.6% over the past month.

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case ($16.95). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (3 years)

$76.27 $13.23 Fair Value $13.56 Jun 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

38‑month range $13.23 – $76.27 · fair‑value band $10.17 – $16.95 · the $61.70 price screens above the $13.56 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Kodiak Gas Services, Inc. (KGS) currently trades at $61.70, while our model-based Fair Value estimate is $13.56, implying the stock looks roughly 355.0% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Energy sector. Bull case: the Dividend Discount group reads highest at a median of $23.91 per share, and 0 of the 24 models we run sit above the $61.70 price. Bear case: the Asset-Based group reads lowest at $8.02, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Kodiak Gas Services, Inc. generated revenue of $1.3B at a net margin of 5.1%. Revenue grew 4.9% year over year. It earns a return on equity of 5.4%. Net debt stands at $40.6M. Fundamentals as of Sep 3, 2026

Our scenario range runs from $10.17 (bear case) to $16.95 (bull case); at $61.70, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 21% below its 52-week high and 111% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −41% fair-value upside, at −78%, KGS screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence $9.57 $10.03 $10.40 76
Owner Earnings — — $2.15 73
EPV $8.32 $13.62 $18.20 72
All 25 models by family
DCF Models
FCF DCF $16.10 $43.69 $119.07 70
Owner Earnings — — $2.15 73
5Y Revenue Exit — $7.20 $29.11 69
5Y EBITDA Exit $8.03 $35.76 $83.81 66
5Y P/E Exit — $3.98 $17.33 68
10Y Revenue Exit $0.9200 $18.32 $37.67 60
10Y EBITDA Exit $10.32 $42.16 $98.11 61
10Y P/E Exit — $14.22 $36.04 61
Earnings-Based
Graham-Dodd $5.43 $37.15 $52.09 63
Lynch FV $10.92 $15.61 $20.29 61
PEG = 1.0 $10.92 $15.61 $20.29 57
EPV $8.32 $13.62 $18.20 72
Dividend Discount
Gordon GGM $13.89 $27.67 $41.90 67
DDM Multi-Stage $13.89 $23.91 $29.21 67
Multiples
P/E Multiple $8.38 $11.17 $13.96 63
P/S Multiple $10.17 $13.56 $16.95 58
P/B Multiple $10.17 $13.56 $16.95 55
EV/EBIT $5.52 $15.79 $26.05 61
EV/EBITDA $5.51 $15.78 $26.04 62
Asset-Based
NCAV (Graham) $5.98 $8.02 $11.96 54
Growth DCF
Growth DCF $14.22 $50.35 $116.03 70
Rev-Margin DCF — $9.00 $29.62 69
Economic Profit
Residual Income best evidence $9.57 $10.03 $10.40 76
ROIC Compounder $8.32 $15.99 $27.75 68
Growth Earnings
Growth-Adj P/E $12.87 $18.39 $23.91 67

Widest divergence: Dividend Discount ($23.91) versus Asset-Based ($8.02). Highest evidence: Residual Income (76).

Notify me when KGS reaches fair value

Put KGS on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 81.2
P/S ratio 5.00 P/E × margin
EPS (TTM) $0.7600 price ÷ EPS = P/E 81.2
Dividend yield 3.1%
Net margin 6.2% FY2025
Return on equity 5.4% TTM
More key figures
Profitability
Return on assets (EBIT) 7.2% avg 5y
Operating margin 33.7% TTM
Growth
Revenue (TTM) $1.3B TTM
Revenue growth (YoY) +4.9% 3y avg +22.7%
EPS growth (YoY) −39.4%
Balance sheet & cash flow
Free cash flow $284M FY2025
Net debt $40.6M FY2025 · ≈ 0.1 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 67

Profitability 27
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 78
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 16
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Kodiak Gas Services, Inc. operates and provides contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Contract Services and Other Services.

Full company description

Kodiak Gas Services, Inc. operates and provides contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Contract Services and Other Services. The Contract Services segment operates company-owned and customer-owned compression, and gas treating and cooling infrastructure to enable the production, gathering, processing, and transportation of natural gas and oil. The Other Services segment provides a range of services to support the needs of customers, including station construction, maintenance and overhaul, freight and crane charges, parts sales, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is headquartered in The Woodlands, Texas.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kodiak Gas Services, Inc. reported revenue of $1.3B in FY2025 versus $606M in FY2021, a compound +21.2%/yr. Reported net income was $80.5M in FY2025, compounding −18.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$1.3B
Latest YoY
+12.8%
Avg. revenue growth/yr (3Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.7%
Avg. revenue growth/yr (5Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+19.7%
Value creation/yr (5Y) ⓘEarnings growth per share (CAGR 5 years, adjusted) plus dividend yield: value created per share and year.
+0.8% (−2.3 + 3.1)
Revenue +21.2%/yr
FY21 $606M
FY22 $708M
FY23 $850M
FY24 $1.2B
FY25 $1.3B
Net income −18.3%/yr
FY21 $181M
FY22 $106M
FY23 $20.1M
FY24 $49.9M
FY25 $80.5M

KGS screens 355% overvalued. Compare with SLB N.V →

Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Kodiak Gas Services, Inc. · Fair Value
$13.56 −355%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Kodiak Gas Services, Inc. Fair Value". https://www.fairvalue-calculator.com/stock/KGS

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Oil & Gas Equipment & Services · 185 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −78% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Below median
Operating margin (TTM) 34% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 3.1% · Above median
Debt / equity 2.12× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/E (TTM) 81.2× · Pricier than 75% of peers
P/B 5.77× · Pricier than 75% of peers
P/S (TTM) 5.27× · Pricier than 75% of peers
P/FCF 24.5× · Pricier than 75% of peers
EV/EBITDA 13.6× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE25 · sector 0
PAST22 · sector 29
HEALTH0 · sector 92
DIVIDEND62 · sector 36

VALUE 0: the price sits above our fair-value range.

Insider activity: 78/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLB $57.33 $28.66 −50%
Baker Hughes Company BKR $64.63 $32.40 −50%
TechnipFMC plc FTI $75.27 $27.43 −64%
Halliburton Company HAL $36.18 $21.50 −41%
Tenaris S.A TS $53.09 $45.68 −14%
Yantai Jereh Oilfield Services Group 002353 ¥144.58 ¥34.17 −76%
Saipem SpA SPM €4.57 €2.72 −40%
Subsea 7 S.A SUBC kr 341.20 kr 221.37 −35%
China Oilfield Services Limited 601808 ¥12.31 ¥12.64 +3%
Gaztransport & Technigaz SA GTT €211.80 €95.01 −55%

Compare Kodiak Gas Services, Inc. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Energy stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Kodiak Gas Services, Inc. (KGS) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of $13.56 versus a price of $61.70, about −78% upside (overvalued).
What is the fair value of KGS?
Our model-based fair value for Kodiak Gas Services, Inc. is $13.56 (as of Sep 3, 2026), built from audited fundamentals. The current price: $61.70.
What is the quality score of KGS?
Kodiak Gas Services, Inc. has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Kodiak Gas Services, Inc. (KGS)?
Kodiak Gas Services, Inc. reported trailing-twelve-month revenue of about $1.3B (latest available figure, as of Sep 3, 2026).
What is the net profit margin of KGS?
The net profit margin of Kodiak Gas Services, Inc. is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does Kodiak Gas Services, Inc. pay a dividend?
Kodiak Gas Services, Inc. currently shows a dividend yield of about 3.11% relative to its recent price (as of Sep 3, 2026).
Free · no account needed

Watch Kodiak Gas Services, Inc. in the live analysis

One click puts Kodiak Gas Services, Inc. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.