CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CEU - CA15713J1049 - Common Stock
11.38 CAD
-0.12 (-1.04%)
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. CEU gets an excellent profitability rating and is at the same time showing great financial health properties. CEU has a decent growth rate and is not valued too expensively. These ratings could make CEU a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
CEU had positive earnings in the past year.
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
CEU has a better Return On Assets (12.01%) than 92.59% 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.
CEU has a Return On Invested Capital of 17.76%. This is amongst the best in the industry. CEU outperforms 92.59% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CEU is significantly below the industry average of 169.95%.
The 3 year average ROIC (15.43%) for CEU is below the current ROIC(17.76%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 7.63%, CEU is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
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.
In the last couple of years the Operating Margin of CEU has grown nicely.
CEU has a Gross Margin (23.78%) which is in line with 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CEU 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.
Compared to 1 year ago, CEU has an improved debt to assets ratio.
2.2 Solvency
CEU has an Altman-Z score of 4.69. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
CEU has a better Altman-Z score (4.69) than 88.89% of its industry peers.
CEU has a debt to FCF ratio of 3.13. This is a good value and a sign of high solvency as CEU would need 3.13 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.13, CEU is doing good in the industry, outperforming 74.07% of the companies in the same industry.
CEU has a Debt/Equity ratio of 0.55. This is a neutral value indicating CEU is somewhat dependend on debt financing.
The Debt to Equity ratio of CEU (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.13 | ||
| Altman-Z | 4.69 |
ROIC/WACC2.24
WACC7.93%
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 has a better Quick ratio (1.69) 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 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 grown by 8.79% 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)-6.02%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%-10%
Revenue 1Y (TTM)8.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
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 13.72% yearly.
Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y3.32%
EPS Next 2Y10.14%
EPS Next 3Y11.51%
EPS Next 5Y13.72%
Revenue Next Year4.85%
Revenue Next 2Y5.62%
Revenue Next 3Y5.93%
Revenue Next 5Y4.71%
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.
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
A Price/Earnings ratio of 14.59 indicates a correct valuation of CEU.
Compared to the rest of the industry, the Price/Earnings ratio of CEU is on the same level as its industry peers.
CEU is valuated rather cheaply when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.58 indicates a reasonable valuation of CEU.
CEU's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.45, CEU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 11.58 |
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.
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 | 16.17 | ||
| EV/EBITDA | 7.94 |
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.
CEU has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.4
PEG (5Y)0.3
EPS Next 2Y10.14%
EPS Next 3Y11.51%
5. Dividend
5.1 Amount
CEU has a Yearly Dividend Yield of 1.46%.
Compared to an average industry Dividend Yield of 3.30, CEU pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.41, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
5.2 History
The dividend of CEU is nicely growing with an annual growth rate of 14.06%!
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, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP16.36%
EPS Next 2Y10.14%
EPS Next 3Y11.51%
TSX:CEU (11/24/2025, 7:00:00 PM)
11.38
-0.12 (-1.04%)
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 Cap2.43B
Revenue(TTM)2.35B
Net Income(TTM)184.43M
Analysts81.67
Price Target12.14 (6.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
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)19.06%
PT rev (3m)21.73%
EPS NQ rev (1m)-1.16%
EPS NQ rev (3m)-2.3%
EPS NY rev (1m)-3.33%
EPS NY rev (3m)-9.37%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-2.21%
Revenue NY rev (1m)1.26%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 11.58 | ||
| P/S | 1 | ||
| P/FCF | 16.17 | ||
| P/OCF | 9.32 | ||
| P/B | 3.08 | ||
| P/tB | 3.54 | ||
| EV/EBITDA | 7.94 |
EPS(TTM)0.78
EY6.85%
EPS(NY)0.98
Fwd EY8.63%
FCF(TTM)0.7
FCFY6.18%
OCF(TTM)1.22
OCFY10.73%
SpS11.32
BVpS3.7
TBVpS3.21
PEG (NY)4.4
PEG (5Y)0.3
Graham Number8.06
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 | 4.69 |
F-Score4
WACC7.93%
ROIC/WACC2.24
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 Y3.32%
EPS Next 2Y10.14%
EPS Next 3Y11.51%
EPS Next 5Y13.72%
Revenue 1Y (TTM)8.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
Revenue Next Year4.85%
Revenue Next 2Y5.62%
Revenue Next 3Y5.93%
Revenue Next 5Y4.71%
EBIT growth 1Y10.11%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year31.67%
EBIT Next 3Y15.93%
EBIT Next 5Y11.84%
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 3.08.
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 3.32% in the next year.