CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
18.34 CAD
-0.05 (-0.27%)
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.
- 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
- CEU has a better Return On Assets (12.65%) than 96.30% of its industry peers.
- CEU has a better Return On Equity (25.54%) than 88.89% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 17.08%, CEU belongs to the top of the industry, outperforming 96.30% 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
- CEU has a Profit Margin of 8.21%. 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 10.81%. 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.
- The Gross Margin of CEU (23.69%) is comparable to the rest of the industry.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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 5.57. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
- CEU has a Altman-Z score of 5.57. This is amongst the best in the industry. CEU outperforms 92.59% 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 has a better Debt to FCF ratio (2.62) than 81.48% 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.
- CEU has a Debt to Equity ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.57 |
ROIC/WACC2.09
WACC8.18%
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.
- With an excellent Current ratio value of 2.86, CEU belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- 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.
- With a decent Quick ratio value of 1.67, CEU is doing good in 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
- CEU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.58%, which is quite good.
- 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.
- CEU shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.94% yearly.
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
- The Earnings Per Share is expected to grow by 12.89% on average over the next years. This is quite good.
- CEU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.92% yearly.
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 19.93 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 25.61, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 18.42 indicates a rather expensive valuation of CEU.
- CEU's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of CEU to the average of the S&P500 Index (22.79), we can say CEU is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.93 | ||
| Fwd PE | 18.42 |
4.2 Price Multiples
- CEU's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CEU is more expensive than 88.89% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CEU.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.96 | ||
| 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.
- A more expensive valuation may be justified as CEU's earnings are expected to grow with 16.09% in the coming years.
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%. Purely for dividend investing, there may be better candidates out there.
- 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
- 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
- CEU pays out 17.00% 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.
DP17%
EPS Next 2Y11.47%
EPS Next 3Y16.09%
CEU.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CEU (3/25/2026, 7:00:00 PM)
18.34
-0.05 (-0.27%)
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)2.49B
Net Income(TTM)204.72M
Analysts78.18
Price Target15.24 (-16.9%)
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 | 19.93 | ||
| Fwd PE | 18.42 | ||
| P/S | 1.54 | ||
| P/FCF | 20.96 | ||
| P/OCF | 13.49 | ||
| P/B | 4.8 | ||
| P/tB | 5.54 | ||
| EV/EBITDA | 11.61 |
EPS(TTM)0.92
EY5.02%
EPS(NY)1
Fwd EY5.43%
FCF(TTM)0.87
FCFY4.77%
OCF(TTM)1.36
OCFY7.41%
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 | 5.57 |
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 19.93 and the Price/Book (PB) ratio is 4.8.
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.