CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - TSX:CEU - CA15713J1049 - Common Stock
8.7 CAD
+0.1 (+1.16%)
Overall CEU gets a fundamental rating of 7 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. CEU is not valued too expensively and it also shows a decent growth rate. These ratings would make CEU suitable 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.
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
CEU's Return On Assets of 12.01% is amongst the best of the industry. CEU outperforms 81.48% of its industry peers.
CEU's Return On Equity of 23.36% is amongst the best of the industry. CEU outperforms 85.19% of its industry peers.
The Return On Invested Capital of CEU (17.76%) is better than 92.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CEU is above the industry average of 11.19%.
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 77.78% of its industry peers.
In the last couple of years the Operating Margin of CEU has grown nicely.
Looking at the Gross Margin, with a value of 23.78%, CEU is in line with its industry, outperforming 55.56% of the companies in the same industry.
In the last couple of years the Gross Margin of CEU has grown nicely.
| 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.
CEU has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CEU has less shares outstanding
Compared to 1 year ago, CEU has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.26 indicates that CEU is not in any danger for bankruptcy at the moment.
CEU has a better Altman-Z score (4.26) than 85.19% 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.
The Debt to FCF ratio of CEU (3.13) is better than 70.37% of its industry peers.
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 | 4.26 |
ROIC/WACC2.1
WACC8.44%
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.
CEU has a better Current ratio (3.12) than 92.59% of its industry peers.
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.
CEU's Quick ratio of 1.69 is fine compared to the rest of the industry. CEU outperforms 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
CEU shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.56%.
Measured over the past years, CEU shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.00% on average per year.
The Revenue has grown by 8.36% in the past year. This is quite good.
The Revenue has been growing by 13.00% on average over the past years. This is quite good.
EPS 1Y (TTM)2.56%
EPS 3Y62.17%
EPS 5Y49%
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 14.26% yearly.
Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 3.15% on average per year.
EPS Next Y1.53%
EPS Next 2Y5.06%
EPS Next 3Y14.67%
EPS Next 5Y14.26%
Revenue Next Year3.71%
Revenue Next 2Y5.52%
Revenue Next 3Y4.95%
Revenue Next 5Y3.15%
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
The Price/Earnings ratio is 10.87, which indicates a very decent valuation of CEU.
CEU's Price/Earnings ratio is in line with the industry average.
CEU's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.27.
Based on the Price/Forward Earnings ratio of 9.29, the valuation of CEU can be described as reasonable.
CEU's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.77. CEU is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.87 | ||
| Fwd PE | 9.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CEU is valued a bit more expensive than the industry average as 62.96% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CEU is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.61 | ||
| EV/EBITDA | 6.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CEU has an outstanding profitability rating, which may justify a higher PE ratio.
CEU's earnings are expected to grow with 14.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.1
PEG (5Y)0.22
EPS Next 2Y5.06%
EPS Next 3Y14.67%
5. Dividend
5.1 Amount
CEU has a Yearly Dividend Yield of 1.99%.
Compared to an average industry Dividend Yield of 3.23, CEU pays a bit more dividend than its industry peers.
CEU's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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
CEU pays out 16.36% of its income as dividend. This is a 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 2Y5.06%
EPS Next 3Y14.67%
TSX:CEU (9/15/2025, 7:00:00 PM)
8.7
+0.1 (+1.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners39.08%
Inst Owner ChangeN/A
Ins Owners3.12%
Ins Owner ChangeN/A
Market Cap1.89B
Analysts81.67
Price Target10.2 (17.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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)3.53%
Min EPS beat(2)-8.23%
Max EPS beat(2)15.3%
EPS beat(4)2
Avg EPS beat(4)-0.71%
Min EPS beat(4)-14.11%
Max EPS beat(4)15.3%
EPS beat(8)6
Avg EPS beat(8)14.87%
EPS beat(12)8
Avg EPS beat(12)10.71%
EPS beat(16)12
Avg EPS beat(16)22.19%
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)1.19%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)2.29%
Revenue beat(8)6
Avg Revenue beat(8)1.23%
Revenue beat(12)9
Avg Revenue beat(12)1.73%
Revenue beat(16)13
Avg Revenue beat(16)3.54%
PT rev (1m)2.24%
PT rev (3m)4.58%
EPS NQ rev (1m)2.3%
EPS NQ rev (3m)-7.29%
EPS NY rev (1m)-6.72%
EPS NY rev (3m)-6.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.87 | ||
| Fwd PE | 9.29 | ||
| P/S | 0.78 | ||
| P/FCF | 12.61 | ||
| P/OCF | 7.27 | ||
| P/B | 2.4 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 6.47 |
EPS(TTM)0.8
EY9.2%
EPS(NY)0.94
Fwd EY10.76%
FCF(TTM)0.69
FCFY7.93%
OCF(TTM)1.2
OCFY13.76%
SpS11.11
BVpS3.63
TBVpS3.15
PEG (NY)7.1
PEG (5Y)0.22
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
ROICexcg growth 3Y41.3%
ROICexcg 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 | 4.26 |
F-Score4
WACC8.44%
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)2.56%
EPS 3Y62.17%
EPS 5Y49%
EPS Q2Q%15%
EPS Next Y1.53%
EPS Next 2Y5.06%
EPS Next 3Y14.67%
EPS Next 5Y14.26%
Revenue 1Y (TTM)8.36%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%3.76%
Revenue Next Year3.71%
Revenue Next 2Y5.52%
Revenue Next 3Y4.95%
Revenue Next 5Y3.15%
EBIT growth 1Y10.11%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year40.73%
EBIT Next 3Y17.51%
EBIT Next 5Y9.83%
FCF growth 1Y32.27%
FCF growth 3YN/A
FCF growth 5Y10.43%
OCF growth 1Y40.88%
OCF growth 3YN/A
OCF growth 5Y10.22%