CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:CEU • CA15713J1049
14.83 CAD
-0.13 (-0.87%)
Last: Feb 4, 2026, 07:00 PM
Overall CEU gets a fundamental rating of 6 out of 10. We evaluated CEU against 27 industry peers in the Energy Equipment & Services industry. CEU scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, CEU is valued expensive at the moment. With these ratings, CEU could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
- CEU had positive earnings in the past year.
- In the past year CEU had a positive cash flow from operations.
- 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.
- Looking at the Return On Equity, with a value of 22.06%, CEU belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 16.80%, CEU belongs to the top 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 3 year average ROIC (15.43%) for CEU is below the current ROIC(16.80%), indicating increased profibility in the last year.
| 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's Profit Margin of 7.32% is fine compared to the rest of the industry. CEU outperforms 77.78% of its industry peers.
- CEU's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 10.95%, CEU is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
- CEU's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 23.68%, CEU perfoms like the industry average, outperforming 59.26% of the companies in the same 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
- CEU has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, CEU has less shares outstanding
- The number of shares outstanding for CEU has been reduced compared to 5 years ago.
- The debt/assets ratio for CEU has been reduced compared to a year ago.
2.2 Solvency
- CEU has an Altman-Z score of 5.00. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- CEU has a Altman-Z score of 5.00. This is amongst the best in the industry. CEU outperforms 88.89% of its industry peers.
- 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 Debt to FCF ratio of 3.64. This is in the better half of the industry: CEU outperforms 74.07% of its industry peers.
- CEU has a Debt/Equity ratio of 0.57. This is a neutral value indicating CEU is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.57, CEU perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 5 |
ROIC/WACC2.1
WACC7.99%
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.
- Looking at the Current ratio, with a value of 3.02, CEU belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
- CEU has a Quick Ratio of 1.74. This is a normal value and indicates that CEU is financially healthy and should not expect problems in meeting its short term obligations.
- CEU has a better Quick ratio (1.74) than 70.37% of its industry peers.
| 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.
- Measured over the past years, CEU shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.08% on average per year.
- The Revenue has been growing slightly by 5.79% in the past year.
- The Revenue has been growing by 13.00% on average over the past years. This is quite good.
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
- The Earnings Per Share is expected to grow by 13.19% on average over the next years. This is quite good.
- 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 Y3.49%
EPS Next 2Y10.94%
EPS Next 3Y11.98%
EPS Next 5Y13.19%
Revenue Next Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y5.62%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
- The Price/Earnings ratio is 19.01, which indicates a rather expensive current valuation of CEU.
- CEU's Price/Earnings ratio is in line with the industry average.
- CEU is valuated rather cheaply when we compare the Price/Earnings ratio to 28.25, which is the current average of the S&P500 Index.
- CEU is valuated correctly with a Price/Forward Earnings ratio of 14.87.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CEU is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, CEU is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.01 | ||
| Fwd PE | 14.87 |
4.2 Price Multiples
- CEU's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CEU is more expensive than 77.78% of the companies in the same industry.
- CEU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.1 | ||
| EV/EBITDA | 10.08 |
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)5.44
PEG (5Y)0.39
EPS Next 2Y10.94%
EPS Next 3Y11.98%
5. Dividend
5.1 Amount
- CEU has a Yearly Dividend Yield of 1.19%.
- CEU's Dividend Yield is a higher than the industry average which is at 1.16.
- Compared to the average S&P500 Dividend Yield of 1.82, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
- On average, the dividend of CEU grows each year by 14.06%, which is quite nice.
- CEU has paid a dividend for at least 10 years, which is 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.
- CEU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP18.25%
EPS Next 2Y10.94%
EPS Next 3Y11.98%
TSX:CEU (2/4/2026, 7:00:00 PM)
14.83
-0.13 (-0.87%)
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 Cap3.17B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts80
Price Target13.07 (-11.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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)-1.14%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.17%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)2.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.01 | ||
| Fwd PE | 14.87 | ||
| P/S | 1.3 | ||
| P/FCF | 23.1 | ||
| P/OCF | 13.2 | ||
| P/B | 3.92 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 10.08 |
EPS(TTM)0.78
EY5.26%
EPS(NY)1
Fwd EY6.72%
FCF(TTM)0.64
FCFY4.33%
OCF(TTM)1.12
OCFY7.58%
SpS11.4
BVpS3.78
TBVpS3.28
PEG (NY)5.44
PEG (5Y)0.39
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 | 5 |
F-Score5
WACC7.99%
ROIC/WACC2.1
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 Y3.49%
EPS Next 2Y10.94%
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 Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y5.62%
EBIT growth 1Y2.12%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year31.67%
EBIT Next 3Y15.37%
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 19.01 and the Price/Book (PB) ratio is 3.92.
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 3.49% in the next year.