CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CEU - CA15713J1049 - Common Stock
14.53 CAD
+0.62 (+4.46%)
Overall CEU gets a fundamental rating of 6 out of 10. We evaluated CEU against 27 industry peers in the Energy Equipment & Services industry. Both the health and profitability get an excellent rating, making CEU a very profitable company, without any liquidiy or solvency issues. CEU is quite expensive at the moment. It does show a decent growth rate. These ratings could make CEU a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- In the past year CEU was profitable.
- CEU had a positive operating cash flow in the past year.
- CEU had positive earnings in 4 of the past 5 years.
- In multiple years CEU reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 10.98%, CEU belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
- With an excellent Return On Equity value of 22.06%, CEU belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 16.80%, CEU belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for CEU is significantly below the industry average of 177.00%.
- The last Return On Invested Capital (16.80%) for CEU is above the 3 year average (15.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.98% | ||
| ROE | 22.06% | ||
| ROIC | 16.8% |
ROA(3y)10.13%
ROA(5y)1.8%
ROE(3y)20.87%
ROE(5y)4.79%
ROIC(3y)15.43%
ROIC(5y)N/A
1.3 Margins
- CEU has a Profit Margin of 7.32%. This is in the better half of the industry: CEU outperforms 77.78% of its industry peers.
- CEU's Profit Margin has improved in the last couple of years.
- CEU's Operating Margin of 10.95% is fine compared to the rest of the industry. CEU outperforms 74.07% of its industry peers.
- CEU's Operating Margin has improved in the last couple of years.
- The Gross Margin of CEU (23.68%) is comparable to the rest of the industry.
- CEU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.95% | ||
| PM (TTM) | 7.32% | ||
| GM | 23.68% |
OM growth 3Y25.33%
OM growth 5Y14.6%
PM growth 3Y24.88%
PM growth 5Y28.07%
GM growth 3Y4.59%
GM growth 5Y2.9%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CEU is creating value.
- CEU has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, CEU has less shares outstanding
- CEU has a better debt/assets ratio than last year.
2.2 Solvency
- CEU has an Altman-Z score of 4.84. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.84, CEU belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- The Debt to FCF ratio of CEU is 3.64, which is a good value as it means it would take CEU, 3.64 years of fcf income to pay off all of its debts.
- CEU has a better Debt to FCF ratio (3.64) than 74.07% of its industry peers.
- A Debt/Equity ratio of 0.57 indicates that CEU is somewhat dependend on debt financing.
- CEU has a Debt to Equity ratio (0.57) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 4.84 |
ROIC/WACC2.13
WACC7.9%
2.3 Liquidity
- CEU has a Current Ratio of 3.02. This indicates that CEU is financially healthy and has no problem in meeting its short term obligations.
- CEU's Current ratio of 3.02 is amongst the best of the industry. CEU outperforms 92.59% of its industry peers.
- A Quick Ratio of 1.74 indicates that CEU should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.74, CEU is doing good in the industry, outperforming 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
- The earnings per share for CEU have decreased by -6.02% in the last year.
- The Earnings Per Share has been growing by 49.08% on average over the past years. This is a very strong growth
- CEU shows a small growth in Revenue. In the last year, the Revenue has grown by 5.79%.
- CEU shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.00% yearly.
EPS 1Y (TTM)-6.02%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%-10%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
3.2 Future
- Based on estimates for the next years, CEU will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.19% on average per year.
- Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 5.62% on average per year.
EPS Next Y3.51%
EPS Next 2Y10.95%
EPS Next 3Y11.98%
EPS Next 5Y13.19%
Revenue Next Year5.02%
Revenue Next 2Y6%
Revenue Next 3Y6.44%
Revenue Next 5Y5.62%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- CEU is valuated rather expensively with a Price/Earnings ratio of 18.63.
- The rest of the industry has a similar Price/Earnings ratio as CEU.
- The average S&P500 Price/Earnings ratio is at 27.32. CEU is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 14.57, the valuation of CEU can be described as correct.
- The rest of the industry has a similar Price/Forward Earnings ratio as CEU.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.30, CEU is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.63 | ||
| Fwd PE | 14.57 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CEU is valued a bit more expensive than the industry average as 77.78% of the companies are valued more cheaply.
- CEU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.63 | ||
| EV/EBITDA | 9.47 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CEU does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of CEU may justify a higher PE ratio.
PEG (NY)5.31
PEG (5Y)0.38
EPS Next 2Y10.95%
EPS Next 3Y11.98%
5. Dividend
5.1 Amount
- CEU has a Yearly Dividend Yield of 1.26%.
- Compared to an average industry Dividend Yield of 1.20, CEU pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.86, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
- On average, the dividend of CEU grows each year by 14.06%, which is quite nice.
- CEU has been paying a dividend for at least 10 years, so it has a reliable track record.
- CEU has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)14.06%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 18.25% of the earnings are spent on dividend by CEU. This is a low number and sustainable payout ratio.
- The dividend of CEU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP18.25%
EPS Next 2Y10.95%
EPS Next 3Y11.98%
TSX:CEU (1/21/2026, 7:00:00 PM)
14.53
+0.62 (+4.46%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-02 2026-03-02
Inst Owners40.95%
Inst Owner ChangeN/A
Ins Owners3.16%
Ins Owner ChangeN/A
Market Cap3.10B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts80
Price Target13.07 (-10.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP18.25%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.19%
Min EPS beat(2)-16.13%
Max EPS beat(2)26.51%
EPS beat(4)1
Avg EPS beat(4)-2.99%
Min EPS beat(4)-16.13%
Max EPS beat(4)26.51%
EPS beat(8)5
Avg EPS beat(8)13.49%
EPS beat(12)8
Avg EPS beat(12)12.36%
EPS beat(16)11
Avg EPS beat(16)16.88%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.79%
Max Revenue beat(2)0.86%
Revenue beat(4)3
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)1.79%
Revenue beat(8)7
Avg Revenue beat(8)1.4%
Revenue beat(12)9
Avg Revenue beat(12)1.18%
Revenue beat(16)13
Avg Revenue beat(16)2.83%
PT rev (1m)1.99%
PT rev (3m)28.13%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)-8.42%
EPS NY rev (1m)0.01%
EPS NY rev (3m)-4.27%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)2.54%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.63 | ||
| Fwd PE | 14.57 | ||
| P/S | 1.27 | ||
| P/FCF | 22.63 | ||
| P/OCF | 12.93 | ||
| P/B | 3.84 | ||
| P/tB | 4.42 | ||
| EV/EBITDA | 9.47 |
EPS(TTM)0.78
EY5.37%
EPS(NY)1
Fwd EY6.86%
FCF(TTM)0.64
FCFY4.42%
OCF(TTM)1.12
OCFY7.73%
SpS11.4
BVpS3.78
TBVpS3.28
PEG (NY)5.31
PEG (5Y)0.38
Graham Number8.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.98% | ||
| ROE | 22.06% | ||
| ROCE | 20.67% | ||
| ROIC | 16.8% | ||
| ROICexc | 16.8% | ||
| ROICexgc | 18.31% | ||
| OM | 10.95% | ||
| PM (TTM) | 7.32% | ||
| GM | 23.68% | ||
| FCFM | 5.63% |
ROA(3y)10.13%
ROA(5y)1.8%
ROE(3y)20.87%
ROE(5y)4.79%
ROIC(3y)15.43%
ROIC(5y)N/A
ROICexc(3y)15.43%
ROICexc(5y)N/A
ROICexgc(3y)16.67%
ROICexgc(5y)N/A
ROCE(3y)18.99%
ROCE(5y)N/A
ROICexgc growth 3Y41.3%
ROICexgc growth 5Y18.11%
ROICexc growth 3Y42.21%
ROICexc growth 5Y25.93%
OM growth 3Y25.33%
OM growth 5Y14.6%
PM growth 3Y24.88%
PM growth 5Y28.07%
GM growth 3Y4.59%
GM growth 5Y2.9%
F-Score5
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | 103.32% | ||
| Cap/Sales | 4.22% | ||
| Interest Coverage | 7.92 | ||
| Cash Conversion | 65.51% | ||
| Profit Quality | 76.9% | ||
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 4.84 |
F-Score5
WACC7.9%
ROIC/WACC2.13
Cap/Depr(3y)97.3%
Cap/Depr(5y)74.9%
Cap/Sales(3y)3.5%
Cap/Sales(5y)3.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.02%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%-10%
EPS Next Y3.51%
EPS Next 2Y10.95%
EPS Next 3Y11.98%
EPS Next 5Y13.19%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
Revenue Next Year5.02%
Revenue Next 2Y6%
Revenue Next 3Y6.44%
Revenue Next 5Y5.62%
EBIT growth 1Y2.12%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year32.68%
EBIT Next 3Y16.59%
EBIT Next 5Y11.79%
FCF growth 1Y-38.6%
FCF growth 3YN/A
FCF growth 5Y10.43%
OCF growth 1Y-20.35%
OCF growth 3YN/A
OCF growth 5Y10.22%
CES ENERGY SOLUTIONS CORP / CEU.CA FAQ
What is the fundamental rating for CEU stock?
ChartMill assigns a fundamental rating of 6 / 10 to CEU.CA.
What is the valuation status of CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
ChartMill assigns a valuation rating of 3 / 10 to CES ENERGY SOLUTIONS CORP (CEU.CA). This can be considered as Overvalued.
How profitable is CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
CES ENERGY SOLUTIONS CORP (CEU.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
The Price/Earnings (PE) ratio for CES ENERGY SOLUTIONS CORP (CEU.CA) is 18.63 and the Price/Book (PB) ratio is 3.84.
What is the earnings growth outlook for CES ENERGY SOLUTIONS CORP?
The Earnings per Share (EPS) of CES ENERGY SOLUTIONS CORP (CEU.CA) is expected to grow by 3.51% in the next year.