CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
19.34 CAD
+0.14 (+0.73%)
Last:
This CEU.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. CEU.CA Profitability Analysis
1.1 Basic Checks
- CEU had positive earnings in the past year.
- CEU had a positive operating cash flow in the past year.
- Each year in the past 5 years CEU has been profitable.
- In multiple years CEU reported negative operating cash flow during the last 5 years.
1.2 Ratios
- CEU has a Return On Assets of 12.65%. This is amongst the best in the industry. CEU outperforms 96.15% of its industry peers.
- CEU has a better Return On Equity (25.54%) than 88.46% of its industry peers.
- CEU has a Return On Invested Capital of 17.08%. This is amongst the best in the industry. CEU outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 25.54% | ||
| ROIC | 17.08% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 8.21%, CEU belongs to the best of the industry, outperforming 80.77% 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 (10.81%) than 69.23% of its industry peers.
- In the last couple of years the Operating Margin of CEU has grown nicely.
- CEU has a Gross Margin (23.69%) 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 | 10.81% | ||
| PM (TTM) | 8.21% | ||
| GM | 23.69% |
OM growth 3Y7.55%
OM growth 5YN/A
PM growth 3Y18.34%
PM growth 5YN/A
GM growth 3Y4.68%
GM growth 5Y5.9%
2. CEU.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CEU is creating value.
- CEU has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- CEU has an Altman-Z score of 5.74. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- CEU has a Altman-Z score of 5.74. This is amongst the best in the industry. CEU outperforms 92.31% of its industry peers.
- CEU has a debt to FCF ratio of 2.62. This is a good value and a sign of high solvency as CEU would need 2.62 years to pay back of all of its debts.
- CEU has a better Debt to FCF ratio (2.62) than 73.08% of its industry peers.
- A Debt/Equity ratio of 0.55 indicates that CEU is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.55, CEU is in line with its industry, outperforming 42.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.74 |
ROIC/WACC2.06
WACC8.31%
2.3 Liquidity
- A Current Ratio of 2.86 indicates that CEU has no problem at all paying its short term obligations.
- CEU has a better Current ratio (2.86) than 88.46% of its industry peers.
- CEU has a Quick Ratio of 1.67. 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 Quick ratio of 1.67. This is in the better half of the industry: CEU outperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.86 | ||
| Quick Ratio | 1.67 |
3. CEU.CA Growth Analysis
3.1 Past
- CEU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.58%, which is quite good.
- The Earnings Per Share has been growing by 55.87% on average over the past years. This is a very strong growth
- Looking at the last year, CEU shows a small growth in Revenue. The Revenue has grown by 5.97% in the last year.
- CEU shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.94% yearly.
EPS 1Y (TTM)13.58%
EPS 3Y36.72%
EPS 5Y55.87%
EPS Q2Q%77.78%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y9.07%
Revenue growth 5Y22.94%
Sales Q2Q%9.77%
3.2 Future
- The Earnings Per Share is expected to grow by 12.89% on average over the next years. This is quite good.
- The Revenue is expected to grow by 3.39% on average over the next years.
EPS Next Y9.76%
EPS Next 2Y11.87%
EPS Next 3Y15.31%
EPS Next 5Y12.89%
Revenue Next Year7.29%
Revenue Next 2Y6.75%
Revenue Next 3Y9.46%
Revenue Next 5Y3.39%
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. CEU.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 21.02, 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 26.77, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 19.15 indicates a rather expensive valuation of CEU.
- CEU's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 21.75. CEU is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.02 | ||
| Fwd PE | 19.15 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CEU is valued more expensive than 88.46% of the companies in the same industry.
- 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 | 22.22 | ||
| EV/EBITDA | 12.2 |
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 a very decent profitability rating, which may justify a higher PE ratio.
- CEU's earnings are expected to grow with 15.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.15
PEG (5Y)0.38
EPS Next 2Y11.87%
EPS Next 3Y15.31%
5. CEU.CA Dividend Analysis
5.1 Amount
- CEU has a Yearly Dividend Yield of 1.18%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.00, CEU pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.82, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
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.
- As CEU did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)14.06%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- 17.00% 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.
DP17%
EPS Next 2Y11.87%
EPS Next 3Y15.31%
CEU.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CEU (4/30/2026, 7:00:00 PM)
19.34
+0.14 (+0.73%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Industry Strength77.17
Industry Growth78.36
Earnings (Last)03-10 2026-03-10/amc
Earnings (Next)05-08 2026-05-08
Inst Owners44.79%
Inst Owner ChangeN/A
Ins Owners3.12%
Ins Owner ChangeN/A
Market Cap4.08B
Revenue(TTM)2.49B
Net Income(TTM)204.72M
Analysts76.36
Price Target19.19 (-0.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP17%
Div Incr Years5
Div Non Decr Years5
Ex-Date03-31 2026-03-31 (0.055)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.41%
Min EPS beat(2)-16.13%
Max EPS beat(2)38.96%
EPS beat(4)2
Avg EPS beat(4)10.28%
Min EPS beat(4)-16.13%
Max EPS beat(4)38.96%
EPS beat(8)5
Avg EPS beat(8)13.99%
EPS beat(12)8
Avg EPS beat(12)14.04%
EPS beat(16)11
Avg EPS beat(16)14.43%
Revenue beat(2)2
Avg Revenue beat(2)2.34%
Min Revenue beat(2)0.86%
Max Revenue beat(2)3.82%
Revenue beat(4)3
Avg Revenue beat(4)1.42%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)3.82%
Revenue beat(8)7
Avg Revenue beat(8)1.66%
Revenue beat(12)9
Avg Revenue beat(12)1.13%
Revenue beat(16)13
Avg Revenue beat(16)2.37%
PT rev (1m)25.94%
PT rev (3m)46.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)1.43%
EPS NY rev (3m)1.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)1.92%
Revenue NY rev (3m)2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.02 | ||
| Fwd PE | 19.15 | ||
| P/S | 1.64 | ||
| P/FCF | 22.22 | ||
| P/OCF | 14.3 | ||
| P/B | 5.09 | ||
| P/tB | 5.87 | ||
| EV/EBITDA | 12.2 |
EPS(TTM)0.92
EY4.76%
EPS(NY)1.01
Fwd EY5.22%
FCF(TTM)0.87
FCFY4.5%
OCF(TTM)1.35
OCFY6.99%
SpS11.82
BVpS3.8
TBVpS3.29
PEG (NY)2.15
PEG (5Y)0.38
Graham Number8.86794 (-54.15%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 25.54% | ||
| ROCE | 21.25% | ||
| ROIC | 17.08% | ||
| ROICexc | 17.08% | ||
| ROICexgc | 18.65% | ||
| OM | 10.81% | ||
| PM (TTM) | 8.21% | ||
| GM | 23.69% | ||
| FCFM | 7.36% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y7.55%
OM growth 5YN/A
PM growth 3Y18.34%
PM growth 5YN/A
GM growth 3Y4.68%
GM growth 5Y5.9%
F-Score6
Asset Turnover1.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 97.55% | ||
| Cap/Sales | 4.08% | ||
| Interest Coverage | 7.87 | ||
| Cash Conversion | 76.33% | ||
| Profit Quality | 89.71% | ||
| Current Ratio | 2.86 | ||
| Quick Ratio | 1.67 | ||
| Altman-Z | 5.74 |
F-Score6
WACC8.31%
ROIC/WACC2.06
Cap/Depr(3y)106.02%
Cap/Depr(5y)86.91%
Cap/Sales(3y)3.93%
Cap/Sales(5y)3.43%
Profit Quality(3y)114.29%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.58%
EPS 3Y36.72%
EPS 5Y55.87%
EPS Q2Q%77.78%
EPS Next Y9.76%
EPS Next 2Y11.87%
EPS Next 3Y15.31%
EPS Next 5Y12.89%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y9.07%
Revenue growth 5Y22.94%
Sales Q2Q%9.77%
Revenue Next Year7.29%
Revenue Next 2Y6.75%
Revenue Next 3Y9.46%
Revenue Next 5Y3.39%
EBIT growth 1Y1.13%
EBIT growth 3Y17.3%
EBIT growth 5YN/A
EBIT Next Year59.75%
EBIT Next 3Y25.9%
EBIT Next 5Y18.02%
FCF growth 1Y-13.18%
FCF growth 3YN/A
FCF growth 5Y7.42%
OCF growth 1Y-6.33%
OCF growth 3YN/A
OCF growth 5Y12.74%
CES ENERGY SOLUTIONS CORP / CEU.CA Fundamental Analysis 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.
Can you provide the profitability details for CES ENERGY SOLUTIONS CORP?
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 21.02 and the Price/Book (PB) ratio is 5.09.
Can you provide the dividend sustainability for CEU stock?
The dividend rating of CES ENERGY SOLUTIONS CORP (CEU.CA) is 5 / 10 and the dividend payout ratio is 17%.