CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
19.2 CAD
+0.22 (+1.16%)
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.
- In the past 5 years CEU has always 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
- 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.
- With an excellent Return On Equity value of 25.54%, CEU belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 17.08%, CEU belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
| 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.
- CEU's Profit Margin has improved in the last couple of years.
- CEU's Operating Margin of 10.81% is fine compared to the rest of the industry. CEU outperforms 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 comparable to the rest of the industry.
- In the last couple of years the Gross Margin of CEU has grown nicely.
| 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
- An Altman-Z score of 5.69 indicates that CEU is not in any danger for bankruptcy at the moment.
- CEU has a Altman-Z score of 5.69. This is amongst the best in the industry. CEU outperforms 92.31% of its industry peers.
- The Debt to FCF ratio of CEU is 2.62, which is a good value as it means it would take CEU, 2.62 years of fcf income to pay off all of its debts.
- CEU's Debt to FCF ratio of 2.62 is fine compared to the rest of the industry. CEU outperforms 73.08% 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 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.69 |
ROIC/WACC2.06
WACC8.31%
2.3 Liquidity
- CEU has a Current Ratio of 2.86. This indicates that CEU is financially healthy and has no problem in meeting 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.
- Looking at the Quick ratio, with a value of 1.67, CEU is in the better half of the industry, outperforming 69.23% 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.
- CEU shows a small growth in Revenue. In the last year, the Revenue has grown by 5.97%.
- Measured over the past years, CEU shows a very strong growth in Revenue. The Revenue has been growing by 22.94% on average per year.
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
- Based on estimates for the next years, CEU will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.89% on average per year.
- Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 3.39% on average per year.
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
- 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
- The Price/Earnings ratio is 20.87, which indicates a rather expensive current valuation of CEU.
- CEU's Price/Earnings ratio is in line with the industry average.
- CEU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.54.
- Based on the Price/Forward Earnings ratio of 19.01, the valuation of CEU can be described as rather expensive.
- 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 21.68, CEU is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.87 | ||
| Fwd PE | 19.01 |
4.2 Price Multiples
- 88.46% of the companies in the same industry are cheaper than CEU, based on the Enterprise Value to EBITDA ratio.
- 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 | 22.06 | ||
| EV/EBITDA | 12.02 |
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 15.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.14
PEG (5Y)0.37
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%.
- 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 1.82.
| 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.
- CEU has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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.
- CEU's earnings are growing slower than its dividend. 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 (4/29/2026, 7:00:00 PM)
19.2
+0.22 (+1.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Industry Strength79.53
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 Cap4.05B
Revenue(TTM)2.49B
Net Income(TTM)204.72M
Analysts76.36
Price Target19.19 (-0.05%)
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 | 20.87 | ||
| Fwd PE | 19.01 | ||
| P/S | 1.62 | ||
| P/FCF | 22.06 | ||
| P/OCF | 14.19 | ||
| P/B | 5.05 | ||
| P/tB | 5.83 | ||
| EV/EBITDA | 12.02 |
EPS(TTM)0.92
EY4.79%
EPS(NY)1.01
Fwd EY5.26%
FCF(TTM)0.87
FCFY4.53%
OCF(TTM)1.35
OCFY7.04%
SpS11.82
BVpS3.8
TBVpS3.29
PEG (NY)2.14
PEG (5Y)0.37
Graham Number8.86794 (-53.81%)
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 | 5.69 |
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 20.87 and the Price/Book (PB) ratio is 5.05.
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%.