CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - TSX:CEU - CA15713J1049 - Common Stock
11.67 CAD
+0.07 (+0.6%)
Taking everything into account, CEU scores 6 out of 10 in our fundamental rating. CEU was compared to 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 has a decent growth rate and is not valued too expensively. With these ratings, CEU could be worth investigating further 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.
The reported operating cash flow has been mixed in the past 5 years: CEU reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.01%, CEU belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.36%, CEU belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
With an excellent Return On Invested Capital value of 17.76%, CEU belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CEU is significantly below the industry average of 170.16%.
The last Return On Invested Capital (17.76%) for CEU is above the 3 year average (15.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.01% | ||
| ROE | 23.36% | ||
| ROIC | 17.76% |
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 7.63%. This is in the better half of the industry: CEU outperforms 74.07% of its industry peers.
In the last couple of years the Profit Margin of CEU has grown nicely.
CEU has a better Operating Margin (11.19%) than 70.37% of its industry peers.
CEU's Operating Margin has improved in the last couple of years.
CEU's Gross Margin of 23.78% is in line compared to the rest of the industry. CEU outperforms 55.56% of its industry peers.
CEU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.19% | ||
| PM (TTM) | 7.63% | ||
| GM | 23.78% |
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
CEU has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for CEU has been reduced compared to 1 year ago.
CEU has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CEU has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.78 indicates that CEU is not in any danger for bankruptcy at the moment.
CEU has a better Altman-Z score (4.78) than 88.89% of its industry peers.
The Debt to FCF ratio of CEU is 3.13, which is a good value as it means it would take CEU, 3.13 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.13, CEU is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
A Debt/Equity ratio of 0.55 indicates that CEU is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.55, CEU perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.13 | ||
| Altman-Z | 4.78 |
ROIC/WACC2.23
WACC7.98%
2.3 Liquidity
CEU has a Current Ratio of 3.12. This indicates that CEU is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.12, CEU belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
CEU has a Quick Ratio of 1.69. This is a normal value and indicates that CEU is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of CEU (1.69) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.56% over the past year.
CEU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.08% yearly.
CEU shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.36%.
The Revenue has been growing by 13.00% on average over the past years. This is quite good.
EPS 1Y (TTM)2.56%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%15%
Revenue 1Y (TTM)8.36%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%3.76%
3.2 Future
CEU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.85% yearly.
The Revenue is expected to grow by 3.46% on average over the next years.
EPS Next Y6.7%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
EPS Next 5Y15.85%
Revenue Next Year3.63%
Revenue Next 2Y3.44%
Revenue Next 3Y3.73%
Revenue Next 5Y3.46%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.59, CEU is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CEU is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.07. CEU is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.52 indicates a correct valuation of CEU.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CEU is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.08. CEU is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 12.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CEU indicates a slightly more expensive valuation: CEU is more expensive than 74.07% of the companies listed in the same industry.
CEU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.91 | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CEU may justify a higher PE ratio.
PEG (NY)2.18
PEG (5Y)0.3
EPS Next 2Y7.27%
EPS Next 3Y10.17%
5. Dividend
5.1 Amount
CEU has a Yearly Dividend Yield of 1.78%. Purely for dividend investing, there may be better candidates out there.
CEU's Dividend Yield is a higher than the industry average which is at 3.39.
Compared to the average S&P500 Dividend Yield of 2.44, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
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
16.36% of the earnings are spent on dividend by CEU. This is a low number and sustainable payout ratio.
The dividend of CEU is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP16.36%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
TSX:CEU (11/20/2025, 7:00:00 PM)
11.67
+0.07 (+0.6%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners37.43%
Inst Owner ChangeN/A
Ins Owners3.03%
Ins Owner ChangeN/A
Market Cap2.54B
Revenue(TTM)2.42B
Net Income(TTM)184.43M
Analysts81.67
Price Target11.44 (-1.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP16.36%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.14%
Min EPS beat(2)-8.23%
Max EPS beat(2)26.51%
EPS beat(4)2
Avg EPS beat(4)2.1%
Min EPS beat(4)-14.11%
Max EPS beat(4)26.51%
EPS beat(8)6
Avg EPS beat(8)16.27%
EPS beat(12)8
Avg EPS beat(12)11.64%
EPS beat(16)12
Avg EPS beat(16)22.89%
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-0.79%
Max Revenue beat(2)1.79%
Revenue beat(4)3
Avg Revenue beat(4)0.86%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)2.29%
Revenue beat(8)6
Avg Revenue beat(8)1.05%
Revenue beat(12)9
Avg Revenue beat(12)1.61%
Revenue beat(16)13
Avg Revenue beat(16)3.45%
PT rev (1m)12.19%
PT rev (3m)14.7%
EPS NQ rev (1m)-9.57%
EPS NQ rev (3m)-9.57%
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-6.41%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)-2.21%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 12.52 | ||
| P/S | 1.05 | ||
| P/FCF | 16.91 | ||
| P/OCF | 9.75 | ||
| P/B | 3.22 | ||
| P/tB | 3.7 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)0.8
EY6.86%
EPS(NY)0.93
Fwd EY7.99%
FCF(TTM)0.69
FCFY5.91%
OCF(TTM)1.2
OCFY10.26%
SpS11.11
BVpS3.63
TBVpS3.15
PEG (NY)2.18
PEG (5Y)0.3
Graham Number8.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.01% | ||
| ROE | 23.36% | ||
| ROCE | 21.85% | ||
| ROIC | 17.76% | ||
| ROICexc | 17.76% | ||
| ROICexgc | 19.37% | ||
| OM | 11.19% | ||
| PM (TTM) | 7.63% | ||
| GM | 23.78% | ||
| FCFM | 6.21% |
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-Score4
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.13 | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 116.36% | ||
| Cap/Sales | 4.57% | ||
| Interest Coverage | 8.09 | ||
| Cash Conversion | 71.34% | ||
| Profit Quality | 81.49% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 4.78 |
F-Score4
WACC7.98%
ROIC/WACC2.23
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)2.56%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%15%
EPS Next Y6.7%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
EPS Next 5Y15.85%
Revenue 1Y (TTM)8.36%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%3.76%
Revenue Next Year3.63%
Revenue Next 2Y3.44%
Revenue Next 3Y3.73%
Revenue Next 5Y3.46%
EBIT growth 1Y10.11%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year28.86%
EBIT Next 3Y13.22%
EBIT Next 5Y10.1%
FCF growth 1Y32.27%
FCF growth 3YN/A
FCF growth 5Y10.43%
OCF growth 1Y40.88%
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.
Can you provide the valuation status for CES ENERGY SOLUTIONS CORP?
ChartMill assigns a valuation rating of 4 / 10 to CES ENERGY SOLUTIONS CORP (CEU.CA). This can be considered as Fairly Valued.
How profitable is CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
CES ENERGY SOLUTIONS CORP (CEU.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CEU stock?
The Price/Earnings (PE) ratio for CES ENERGY SOLUTIONS CORP (CEU.CA) is 14.59 and the Price/Book (PB) ratio is 3.22.
What is the expected EPS growth for CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
The Earnings per Share (EPS) of CES ENERGY SOLUTIONS CORP (CEU.CA) is expected to grow by 6.7% in the next year.