CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
18.39 CAD
-0.22 (-1.18%)
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.
- In the past year CEU had a positive cash flow from operations.
- Each year in the past 5 years CEU has been 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 (12.65%) is better than 96.30% of its industry peers.
- CEU's Return On Equity of 25.54% is amongst the best of the industry. CEU outperforms 88.89% of its industry peers.
- CEU's Return On Invested Capital of 17.08% is amongst the best of the industry. CEU outperforms 96.30% 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
- CEU has a better Profit Margin (8.21%) than 74.07% of its industry peers.
- In the last couple of years the Profit Margin of CEU has grown nicely.
- Looking at the Operating Margin, with a value of 10.81%, CEU is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
- In the last couple of years the Operating Margin of CEU has grown nicely.
- CEU has a Gross Margin of 23.69%. This is comparable to the rest of the industry: CEU outperforms 59.26% of 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 5.58. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- CEU has a Altman-Z score of 5.58. This is amongst the best in the industry. CEU outperforms 92.59% 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.
- The Debt to FCF ratio of CEU (2.62) is better than 81.48% of its industry peers.
- A Debt/Equity ratio of 0.55 indicates that CEU is somewhat dependend on debt financing.
- CEU has a Debt to Equity ratio of 0.55. This is comparable to the rest of the industry: CEU outperforms 40.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.58 |
ROIC/WACC2.09
WACC8.18%
2.3 Liquidity
- A Current Ratio of 2.86 indicates that CEU has no problem at all paying its short term obligations.
- The Current ratio of CEU (2.86) is better than 88.89% of its industry peers.
- A Quick Ratio of 1.67 indicates that CEU should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.67, CEU is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.86 | ||
| Quick Ratio | 1.67 |
3. CEU.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 13.58% over the past year.
- Measured over the past years, CEU shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.87% on average per year.
- The Revenue has been growing slightly by 5.97% in the past year.
- The Revenue has been growing by 22.94% on average over the past years. This is a very strong growth!
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
- CEU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.89% yearly.
- The Revenue is expected to grow by 2.92% on average over the next years.
EPS Next Y8.21%
EPS Next 2Y11.47%
EPS Next 3Y16.09%
EPS Next 5Y12.89%
Revenue Next Year5.06%
Revenue Next 2Y6.16%
Revenue Next 3Y5.61%
Revenue Next 5Y2.92%
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.
- 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 19.99 indicates a rather expensive valuation of CEU.
- The rest of the industry has a similar Price/Earnings ratio as CEU.
- CEU is valuated rather cheaply when we compare the Price/Earnings ratio to 25.50, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 18.47, which indicates a rather expensive current valuation of CEU.
- CEU's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 22.67. CEU is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.99 | ||
| Fwd PE | 18.47 |
4.2 Price Multiples
- 88.89% of the companies in the same industry are cheaper than CEU, based on the Enterprise Value to EBITDA ratio.
- CEU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.02 | ||
| EV/EBITDA | 11.61 |
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.
- CEU's earnings are expected to grow with 16.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.43
PEG (5Y)0.36
EPS Next 2Y11.47%
EPS Next 3Y16.09%
5. CEU.CA Dividend Analysis
5.1 Amount
- CEU has a Yearly Dividend Yield of 1.21%.
- CEU's Dividend Yield is a higher than the industry average which is at 1.06.
- Compared to the average S&P500 Dividend Yield of 1.89, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
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 17.00% 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.
DP17%
EPS Next 2Y11.47%
EPS Next 3Y16.09%
CEU.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CEU (3/23/2026, 7:00:00 PM)
18.39
-0.22 (-1.18%)
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 Cap3.86B
Revenue(TTM)2.49B
Net Income(TTM)204.72M
Analysts78.18
Price Target15.24 (-17.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP17%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
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)0%
PT rev (3m)18.91%
EPS NQ rev (1m)1.06%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)0.88%
Revenue NQ rev (1m)1.11%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.99 | ||
| Fwd PE | 18.47 | ||
| P/S | 1.55 | ||
| P/FCF | 21.02 | ||
| P/OCF | 13.53 | ||
| P/B | 4.82 | ||
| P/tB | 5.56 | ||
| EV/EBITDA | 11.61 |
EPS(TTM)0.92
EY5%
EPS(NY)1
Fwd EY5.41%
FCF(TTM)0.87
FCFY4.76%
OCF(TTM)1.36
OCFY7.39%
SpS11.88
BVpS3.82
TBVpS3.31
PEG (NY)2.43
PEG (5Y)0.36
Graham Number8.89
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 | 5.58 |
F-Score6
WACC8.18%
ROIC/WACC2.09
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 Y8.21%
EPS Next 2Y11.47%
EPS Next 3Y16.09%
EPS Next 5Y12.89%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y9.07%
Revenue growth 5Y22.94%
Sales Q2Q%9.77%
Revenue Next Year5.06%
Revenue Next 2Y6.16%
Revenue Next 3Y5.61%
Revenue Next 5Y2.92%
EBIT growth 1Y1.13%
EBIT growth 3Y17.3%
EBIT growth 5YN/A
EBIT Next Year53.94%
EBIT Next 3Y22.91%
EBIT Next 5Y17.98%
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.
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 19.99 and the Price/Book (PB) ratio is 4.82.
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 8.21% in the next year.