CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - TSX:CEU - CA15713J1049 - Common Stock
11.22 CAD
+0.5 (+4.66%)
Taking everything into account, CEU scores 6 out of 10 in our fundamental rating. CEU was compared to 27 industry peers in the Energy Equipment & Services industry. Both the health and profitability get an excellent rating, making CEU a very profitable company, without any liquidiy or solvency issues. CEU is not valued too expensively and it also shows a decent growth rate. These ratings would make CEU suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CEU was profitable.
CEU had a positive operating cash flow in the past year.
CEU had positive earnings in 4 of the past 5 years.
In multiple years CEU reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of CEU (12.01%) is better than 92.59% of its industry peers.
The Return On Equity of CEU (23.36%) is better than 88.89% of its industry peers.
CEU has a Return On Invested Capital of 17.76%. This is amongst the best in the industry. CEU outperforms 92.59% 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 170.16%.
The last Return On Invested Capital (17.76%) for CEU is above the 3 year average (15.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.01% | ||
| ROE | 23.36% | ||
| ROIC | 17.76% |
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 Profit Margin of 7.63%. This is in the better half of the industry: CEU outperforms 74.07% of its industry peers.
CEU's Profit Margin has improved in the last couple of years.
CEU has a Operating Margin of 11.19%. This is in the better half of the industry: CEU outperforms 70.37% of its industry peers.
CEU's Operating Margin has improved in the last couple of years.
CEU has a Gross Margin of 23.78%. This is comparable to the rest of the industry: CEU outperforms 55.56% of its industry peers.
CEU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.19% | ||
| PM (TTM) | 7.63% | ||
| GM | 23.78% |
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. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CEU is creating value.
Compared to 1 year ago, CEU has less shares outstanding
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 4.71 indicates that CEU is not in any danger for bankruptcy at the moment.
The Altman-Z score of CEU (4.71) is better than 88.89% of its industry peers.
CEU has a debt to FCF ratio of 3.13. This is a good value and a sign of high solvency as CEU would need 3.13 years to pay back of all of its debts.
CEU has a better Debt to FCF ratio (3.13) than 77.78% of its industry peers.
CEU has a Debt/Equity ratio of 0.55. This is a neutral value indicating 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 40.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.13 | ||
| Altman-Z | 4.71 |
ROIC/WACC2.22
WACC8%
2.3 Liquidity
A Current Ratio of 3.12 indicates that CEU has no problem at all paying its short term obligations.
CEU's Current ratio of 3.12 is amongst the best of the industry. CEU outperforms 92.59% of its industry peers.
A Quick Ratio of 1.69 indicates that CEU should not have too much problems paying its short term obligations.
CEU's Quick ratio of 1.69 is fine compared to the rest of the industry. CEU outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
CEU shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.56%.
The Earnings Per Share has been growing by 49.08% on average over the past years. This is a very strong growth
The Revenue has grown by 8.36% in the past year. This is quite good.
Measured over the past years, CEU shows a quite strong growth in Revenue. The Revenue has been growing by 13.00% on average per year.
EPS 1Y (TTM)2.56%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%15%
Revenue 1Y (TTM)8.36%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%3.76%
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 15.85% on average per year.
CEU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.46% yearly.
EPS Next Y6.7%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
EPS Next 5Y15.85%
Revenue Next Year3.63%
Revenue Next 2Y3.44%
Revenue Next 3Y3.73%
Revenue Next 5Y3.46%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.03 indicates a correct valuation of CEU.
CEU's Price/Earnings is on the same level as the industry average.
CEU is valuated rather cheaply when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.04, which indicates a correct valuation of CEU.
CEU's Price/Forward Earnings is on the same level as the industry average.
CEU is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.03 | ||
| Fwd PE | 12.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CEU is valued a bit more expensive than 74.07% 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 | 16.26 | ||
| EV/EBITDA | 7.97 |
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.
PEG (NY)2.09
PEG (5Y)0.29
EPS Next 2Y7.27%
EPS Next 3Y10.17%
5. Dividend
5.1 Amount
CEU has a Yearly Dividend Yield of 1.78%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.39, CEU pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.44, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
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
16.36% of the earnings are spent on dividend by CEU. This is a low number and sustainable payout ratio.
CEU's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP16.36%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
TSX:CEU (11/18/2025, 7:00:00 PM)
11.22
+0.5 (+4.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners37.43%
Inst Owner ChangeN/A
Ins Owners3.03%
Ins Owner ChangeN/A
Market Cap2.44B
Revenue(TTM)2.42B
Net Income(TTM)184.43M
Analysts81.67
Price Target11.44 (1.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP16.36%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.14%
Min EPS beat(2)-8.23%
Max EPS beat(2)26.51%
EPS beat(4)2
Avg EPS beat(4)2.1%
Min EPS beat(4)-14.11%
Max EPS beat(4)26.51%
EPS beat(8)6
Avg EPS beat(8)16.27%
EPS beat(12)8
Avg EPS beat(12)11.64%
EPS beat(16)12
Avg EPS beat(16)22.89%
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-0.79%
Max Revenue beat(2)1.79%
Revenue beat(4)3
Avg Revenue beat(4)0.86%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)2.29%
Revenue beat(8)6
Avg Revenue beat(8)1.05%
Revenue beat(12)9
Avg Revenue beat(12)1.61%
Revenue beat(16)13
Avg Revenue beat(16)3.45%
PT rev (1m)12.19%
PT rev (3m)14.7%
EPS NQ rev (1m)-9.57%
EPS NQ rev (3m)-9.57%
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-6.41%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)-2.21%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.03 | ||
| Fwd PE | 12.04 | ||
| P/S | 1.01 | ||
| P/FCF | 16.26 | ||
| P/OCF | 9.37 | ||
| P/B | 3.09 | ||
| P/tB | 3.56 | ||
| EV/EBITDA | 7.97 |
EPS(TTM)0.8
EY7.13%
EPS(NY)0.93
Fwd EY8.31%
FCF(TTM)0.69
FCFY6.15%
OCF(TTM)1.2
OCFY10.67%
SpS11.11
BVpS3.63
TBVpS3.15
PEG (NY)2.09
PEG (5Y)0.29
Graham Number8.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.01% | ||
| ROE | 23.36% | ||
| ROCE | 21.85% | ||
| ROIC | 17.76% | ||
| ROICexc | 17.76% | ||
| ROICexgc | 19.37% | ||
| OM | 11.19% | ||
| PM (TTM) | 7.63% | ||
| GM | 23.78% | ||
| FCFM | 6.21% |
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-Score4
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 3.13 | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 116.36% | ||
| Cap/Sales | 4.57% | ||
| Interest Coverage | 8.09 | ||
| Cash Conversion | 71.34% | ||
| Profit Quality | 81.49% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 4.71 |
F-Score4
WACC8%
ROIC/WACC2.22
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)2.56%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%15%
EPS Next Y6.7%
EPS Next 2Y7.27%
EPS Next 3Y10.17%
EPS Next 5Y15.85%
Revenue 1Y (TTM)8.36%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%3.76%
Revenue Next Year3.63%
Revenue Next 2Y3.44%
Revenue Next 3Y3.73%
Revenue Next 5Y3.46%
EBIT growth 1Y10.11%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year28.86%
EBIT Next 3Y13.22%
EBIT Next 5Y10.1%
FCF growth 1Y32.27%
FCF growth 3YN/A
FCF growth 5Y10.43%
OCF growth 1Y40.88%
OCF growth 3YN/A
OCF growth 5Y10.22%
CES ENERGY SOLUTIONS CORP / CEU.CA FAQ
What is the fundamental rating for CEU stock?
ChartMill assigns a fundamental rating of 6 / 10 to CEU.CA.
Can you provide the valuation status for CES ENERGY SOLUTIONS CORP?
ChartMill assigns a valuation rating of 4 / 10 to CES ENERGY SOLUTIONS CORP (CEU.CA). This can be considered as Fairly Valued.
How profitable is CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
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 14.03 and the Price/Book (PB) ratio is 3.09.
What is the expected EPS growth for CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
The Earnings per Share (EPS) of CES ENERGY SOLUTIONS CORP (CEU.CA) is expected to grow by 6.7% in the next year.