Kodiak Gas Services, Inc. (KGS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kodiak Gas Services, Inc. stock $31.21, price $41.67, that is 25.1% below the price, quality 35 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Kodiak Gas Services, Inc.
KGS · USOur calculation puts a fair price 25% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
40‑month range $13.23 – $76.27 · fair‑value band $21.85 – $40.56 · the $41.67 price screens above the $31.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
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.
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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.
Stock analysis
Kodiak Gas Services, Inc. (KGS) currently trades at $41.67, while our model-based Fair Value estimate is $31.21, 25% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $57.48 per share, and 5 of the 26 models we run sit above the $41.67 price.
Bear case: the Asset-Based group reads lowest at $4.27, and 21 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $21.85 (bear) to $40.56 (bull), the price of $41.67 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 35/100 (below-average quality), in the Energy sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
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.
Key figures
Market cap $4.2B Mid · P/E ratio 54.1 · P/S ratio 3.01 · EPS (TTM) $0.7700 · Dividend yield 4.7% · Net margin 5.8% · Return on equity 4.6% · Return on assets (EBIT) 7.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 29% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −32% fair-value upside, at −25%, KGS screens cheaper than that median.
Fair Value models
All 26 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 5 officers or directors sold shares worth $2.5M and none bought.
- SaleRobert Michael McKeePresident & CEO, Director4× since Aug 19, 2026: 17,339 shares, avg. $57.44$995,911Nov 3, 202610b5-1 plan
- SaleWilliam Chad LenamonExecutive Vice President & COO5× since Jun 11, 2026: 5,000 shares, avg. $62.79$313,970Oct 12, 202610b5-1 plan
- SalePedro R. BuhigasChief Information Officer3× since Mar 19, 2026: 22,230 shares, avg. $58.63$1.3MSep 16, 202610b5-1 plan
- SaleEwan William HamiltonEVP & Chief Accounting Officer5× since Mar 13, 2026: 18,176 shares, avg. $58.41$1.1MSep 14, 2026
- SaleCory Anne RoclawskiEVP & CHRO3× since Mar 12, 2026: 36,182 shares, avg. $57.25$2.1MJul 8, 2026
- BuyRandall J HoganDirector6,000 shares at $54.81$328,860Mar 13, 2026
- BuyAlexander Newsom DardenDirector5,000 shares at $54.75$273,750Mar 13, 2026
- BuyRobert Michael McKeePresident & CEO, Director433 shares at $50.23$21,774Feb 20, 2026
- SaleEQT Fund Management S.a r.l.10% owner2× since Nov 12, 2025: 19,762,573 shares, avg. $33.84$668.7MDec 1, 2025
Plus 7 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
KGS screens overvalued: fair value 25% below the price. Compare with SLB N.V →
Recent news
- Kodiak Gas Services Announces Quarterly Dividend
- Kodiak Gas Services Announces Third Quarter 2026 Earnings Release and Conference Call Details
- Kodiak Gas Services (KGS) Earnings Expected to Grow: What to Know Ahead of Q3 Release
Compare Kodiak Gas Services, Inc. with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Oil & Gas Equipment & Services · 166 stocks
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Energy
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Gaztransport & Technigaz SA GTT | €181.30 | €199.62 | +10% | vs KGS |
| Yantai Jereh Oilfield Services Group 002353 | ¥79.44 | ¥87.38 | +10% | vs KGS |
| China Oilfield Services Limited 601808 | ¥12.75 | ¥13.04 | +2% | vs KGS |
| Subsea 7 S.A SUBC | kr 304.80 | kr 257.37 | −16% | vs KGS |
| Halliburton Company HAL | $31.84 | $21.72 | −32% | vs KGS |
| Baker Hughes Company BKR | $47.87 | $32.37 | −32% | vs KGS |
| Tenaris S.A TEN | €26.64 | €17.68 | −34% | vs KGS |
| Saipem SpA SPM | €4.24 | €2.72 | −36% | vs KGS |
| SLB N.V SLB | $49.92 | $29.03 | −42% | vs KGS |
| TechnipFMC plc FTI | $63.52 | $28.12 | −56% | vs KGS |
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Key figures of Kodiak Gas Services, Inc.
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