CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
18.35 CAD
-0.06 (-0.33%)
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.
- In the past year CEU had a positive cash flow from operations.
- Of the past 5 years CEU 4 years were profitable.
- In multiple years CEU reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of CEU (10.98%) is better than 82.14% of its industry peers.
- With an excellent Return On Equity value of 22.06%, CEU belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 16.80%, CEU belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
- CEU had an Average Return On Invested Capital over the past 3 years of 15.43%. This is significantly below the industry average of 170.09%.
- The last Return On Invested Capital (16.80%) for CEU is above the 3 year average (15.43%), which is a sign of increasing profitability.
| 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
- CEU has a better Profit Margin (7.32%) than 71.43% of its industry peers.
- In the last couple of years the Profit Margin of CEU has grown nicely.
- With a decent Operating Margin value of 10.95%, CEU is doing good in the industry, outperforming 67.86% of the companies in the same industry.
- CEU's Operating Margin has improved in the last couple of years.
- CEU has a Gross Margin of 23.68%. This is comparable to the rest of the industry: CEU outperforms 57.14% of its industry peers.
- CEU's Gross Margin has improved in the last couple of years.
| 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
- CEU has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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
- An Altman-Z score of 5.49 indicates that CEU is not in any danger for bankruptcy at the moment.
- CEU has a Altman-Z score of 5.49. This is amongst the best in the industry. CEU outperforms 89.29% of its industry peers.
- CEU has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as CEU would need 3.64 years to pay back of all of its debts.
- CEU has a better Debt to FCF ratio (3.64) than 71.43% of its industry peers.
- A Debt/Equity ratio of 0.57 indicates that CEU is somewhat dependend on debt financing.
- CEU's Debt to Equity ratio of 0.57 is in line compared to the rest of the industry. CEU outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 5.49 |
ROIC/WACC2.14
WACC7.84%
2.3 Liquidity
- CEU has a Current Ratio of 3.02. This indicates that CEU is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of CEU (3.02) is better than 92.86% of its industry peers.
- CEU has a Quick Ratio of 1.74. 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 (1.74) than 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.
- CEU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.08% yearly.
- CEU shows a small growth in Revenue. In the last year, the Revenue has grown by 5.79%.
- 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
- 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 23.53 indicates a rather expensive valuation of CEU.
- CEU's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 25.79, CEU is valued at the same level.
- A Price/Forward Earnings ratio of 18.43 indicates a rather expensive valuation of CEU.
- Based on the Price/Forward Earnings ratio, CEU is valued a bit more expensive than the industry average as 60.71% of the companies are valued more cheaply.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.80, CEU is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.53 | ||
| Fwd PE | 18.43 |
4.2 Price Multiples
- CEU's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CEU is more expensive than 85.71% of the companies in the same industry.
- CEU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.1 | ||
| EV/EBITDA | 11.88 |
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.
- CEU's earnings are expected to grow with 12.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.06
PEG (5Y)0.48
EPS Next 2Y10.86%
EPS Next 3Y12.17%
5. CEU.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.20%, CEU has a reasonable but not impressive dividend return.
- 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
- 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
- 18.25% of the earnings are spent on dividend by CEU. This is a low number and 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 (3/18/2026, 7:00:00 PM)
18.35
-0.06 (-0.33%)
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 Cap3.85B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts78.18
Price Target15.24 (-16.95%)
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 | 23.53 | ||
| Fwd PE | 18.43 | ||
| P/S | 1.58 | ||
| P/FCF | 28.1 | ||
| P/OCF | 16.05 | ||
| P/B | 4.77 | ||
| P/tB | 5.49 | ||
| EV/EBITDA | 11.88 |
EPS(TTM)0.78
EY4.25%
EPS(NY)1
Fwd EY5.43%
FCF(TTM)0.65
FCFY3.56%
OCF(TTM)1.14
OCFY6.23%
SpS11.6
BVpS3.85
TBVpS3.34
PEG (NY)4.06
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 | 5.49 |
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 23.53 and the Price/Book (PB) ratio is 4.77.
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.