CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
18.21 CAD
-0.14 (-0.76%)
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
- In the past year CEU was profitable.
- CEU had a positive operating cash flow in the past year.
- Of the past 5 years CEU 4 years were profitable.
- 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
- The Return On Assets of CEU (10.98%) is better than 82.14% of its industry peers.
- CEU has a Return On Equity of 22.06%. This is amongst the best in the industry. CEU outperforms 85.71% of its industry peers.
- CEU has a better Return On Invested Capital (16.80%) than 92.86% 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 170.09%.
- 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
- The Profit Margin of CEU (7.32%) is better than 71.43% of its industry peers.
- In the last couple of years the Profit Margin of CEU has grown nicely.
- The Operating Margin of CEU (10.95%) is better than 67.86% of its industry peers.
- CEU's Operating Margin has improved in the last couple of years.
- CEU has a Gross Margin (23.68%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of CEU has grown nicely.
| 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. 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.
- The number of shares outstanding for CEU has been reduced compared to 1 year ago.
- Compared to 5 years ago, CEU has less shares outstanding
- CEU has a better debt/assets ratio than last year.
2.2 Solvency
- CEU has an Altman-Z score of 5.46. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- CEU has a Altman-Z score of 5.46. This is amongst the best in the industry. CEU outperforms 89.29% 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.
- With a decent Debt to FCF ratio value of 3.64, CEU is doing good in the industry, outperforming 71.43% of the companies in the same industry.
- A Debt/Equity ratio of 0.57 indicates that CEU is somewhat dependend on debt financing.
- The Debt to Equity ratio of CEU (0.57) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 5.46 |
ROIC/WACC2.14
WACC7.84%
2.3 Liquidity
- A Current Ratio of 3.02 indicates that CEU has no problem at all paying its short term obligations.
- The Current ratio of CEU (3.02) is better than 92.86% of its industry peers.
- A Quick Ratio of 1.74 indicates that CEU should not have too much problems paying its short term obligations.
- CEU's Quick ratio of 1.74 is fine compared to the rest of the industry. CEU outperforms 67.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 |
3. CEU.CA Growth Analysis
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.
- Looking at the last year, CEU shows a small growth in Revenue. The Revenue has grown by 5.79% in the last 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
- CEU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.03% yearly.
- Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 4.73% on average per year.
EPS Next Y5.8%
EPS Next 2Y10.86%
EPS Next 3Y12.17%
EPS Next 5Y13.03%
Revenue Next Year6.62%
Revenue Next 2Y5.84%
Revenue Next 3Y6.31%
Revenue Next 5Y4.73%
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. CEU.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 23.35 indicates a rather expensive valuation of CEU.
- CEU's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of CEU to the average of the S&P500 Index (25.73), we can say CEU is valued inline with the index average.
- The Price/Forward Earnings ratio is 18.29, which indicates a rather expensive current valuation of CEU.
- The rest of the industry has a similar Price/Forward Earnings ratio as CEU.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.72, CEU is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 18.29 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CEU is valued expensively inside the industry as 85.71% of the companies are valued cheaper.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CEU.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.88 | ||
| EV/EBITDA | 11.8 |
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.
- A more expensive valuation may be justified as CEU's earnings are expected to grow with 12.17% in the coming years.
PEG (NY)4.02
PEG (5Y)0.48
EPS Next 2Y10.86%
EPS Next 3Y12.17%
5. CEU.CA Dividend Analysis
5.1 Amount
- CEU has a Yearly Dividend Yield of 1.20%.
- Compared to an average industry Dividend Yield of 1.00, CEU pays a bit more dividend than its industry peers.
- CEU's Dividend Yield is slightly below the S&P500 average, which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
5.2 History
- The dividend of CEU is nicely growing with an annual growth rate of 14.06%!
- 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
- CEU pays out 18.25% of its income as dividend. This is a sustainable payout ratio.
- CEU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP18.25%
EPS Next 2Y10.86%
EPS Next 3Y12.17%
CEU.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CEU (3/19/2026, 7:00:00 PM)
18.21
-0.14 (-0.76%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)03-10 2026-03-10
Earnings (Next)05-04 2026-05-04
Inst Owners42.38%
Inst Owner ChangeN/A
Ins Owners3.2%
Ins Owner ChangeN/A
Market Cap3.82B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts78.18
Price Target15.24 (-16.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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)0%
PT rev (3m)18.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.05%
EPS NY rev (1m)0.81%
EPS NY rev (3m)2.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.44%
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)1.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 18.29 | ||
| P/S | 1.57 | ||
| P/FCF | 27.88 | ||
| P/OCF | 15.93 | ||
| P/B | 4.73 | ||
| P/tB | 5.45 | ||
| EV/EBITDA | 11.8 |
EPS(TTM)0.78
EY4.28%
EPS(NY)1
Fwd EY5.47%
FCF(TTM)0.65
FCFY3.59%
OCF(TTM)1.14
OCFY6.28%
SpS11.6
BVpS3.85
TBVpS3.34
PEG (NY)4.02
PEG (5Y)0.48
Graham Number8.22
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 | 5.46 |
F-Score5
WACC7.84%
ROIC/WACC2.14
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 Y5.8%
EPS Next 2Y10.86%
EPS Next 3Y12.17%
EPS Next 5Y13.03%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
Revenue Next Year6.62%
Revenue Next 2Y5.84%
Revenue Next 3Y6.31%
Revenue Next 5Y4.73%
EBIT growth 1Y2.12%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year32.52%
EBIT Next 3Y15.71%
EBIT Next 5Y13.04%
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 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 2 / 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 23.35 and the Price/Book (PB) ratio is 4.73.
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 5.8% in the next year.