CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CEU - CA15713J1049 - Common Stock
12.95 CAD
+0.27 (+2.13%)
We assign a fundamental rating of 6 out of 10 to CEU. CEU was compared to 28 industry peers in the Energy Equipment & Services industry. CEU scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, CEU is valued expensive at the moment. With these ratings, CEU could be worth investigating further for quality investing!.
1. Profitability
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.
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's Return On Assets of 10.98% is amongst the best of the industry. CEU outperforms 89.29% of its industry peers.
CEU's Return On Equity of 22.06% is amongst the best of the industry. CEU outperforms 85.71% of its industry peers.
The Return On Invested Capital of CEU (16.80%) is better than 92.86% 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 163.31%.
The 3 year average ROIC (15.43%) for CEU is below the current ROIC(16.80%), indicating increased profibility in the last year.
| 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 Profit Margin of 7.32%. This is in the better half of the industry: CEU outperforms 78.57% of its industry peers.
CEU's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 10.95%, CEU is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of CEU has grown nicely.
The Gross Margin of CEU (23.68%) is better than 60.71% 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. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CEU 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
Compared to 1 year ago, CEU has an improved debt to assets ratio.
2.2 Solvency
CEU has an Altman-Z score of 4.69. This indicates that CEU is financially healthy and has little risk of bankruptcy at the moment.
CEU has a better Altman-Z score (4.69) than 89.29% of its industry peers.
The Debt to FCF ratio of CEU is 3.64, which is a good value as it means it would take CEU, 3.64 years of fcf income to pay off all of its debts.
CEU's Debt to FCF ratio of 3.64 is fine compared to the rest of the industry. CEU outperforms 71.43% of its industry peers.
CEU has a Debt/Equity ratio of 0.57. This is a neutral value indicating CEU is somewhat dependend on debt financing.
CEU has a worse Debt to Equity ratio (0.57) than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 4.69 |
ROIC/WACC2.13
WACC7.9%
2.3 Liquidity
A Current Ratio of 3.02 indicates that CEU has no problem at all paying its short term obligations.
CEU's Current ratio of 3.02 is amongst the best of the industry. CEU outperforms 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 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The earnings per share for CEU have decreased by -6.02% in the last year.
The Earnings Per Share has been growing by 49.08% on average over the past years. This is a very strong growth
CEU shows a small growth in Revenue. In the last year, the Revenue has grown by 5.79%.
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)-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
The Earnings Per Share is expected to grow by 13.72% on average over the next years. This is quite good.
Based on estimates for the next years, CEU will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y3.49%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
EPS Next 5Y13.72%
Revenue Next Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y4.71%
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.60, the valuation of CEU can be described as correct.
CEU's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.49, CEU is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.12, CEU is valued correctly.
CEU's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.69. CEU is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 13.12 |
4.2 Price Multiples
CEU's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CEU is more expensive than 82.14% 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 | 20.17 | ||
| EV/EBITDA | 8.91 |
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.
PEG (NY)4.75
PEG (5Y)0.34
EPS Next 2Y10.38%
EPS Next 3Y11.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, CEU has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.12, CEU pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.34, CEU pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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 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.
The dividend of CEU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP18.25%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
TSX:CEU (12/5/2025, 7:00:00 PM)
12.95
+0.27 (+2.13%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners40.81%
Inst Owner ChangeN/A
Ins Owners3.14%
Ins Owner ChangeN/A
Market Cap2.77B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts80
Price Target12.81 (-1.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP18.25%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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)11.98%
PT rev (3m)25.63%
EPS NQ rev (1m)-0.77%
EPS NQ rev (3m)-9.47%
EPS NY rev (1m)-3.88%
EPS NY rev (3m)-2.68%
Revenue NQ rev (1m)3.2%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 13.12 | ||
| P/S | 1.14 | ||
| P/FCF | 20.17 | ||
| P/OCF | 11.53 | ||
| P/B | 3.42 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 8.91 |
EPS(TTM)0.78
EY6.02%
EPS(NY)0.99
Fwd EY7.62%
FCF(TTM)0.64
FCFY4.96%
OCF(TTM)1.12
OCFY8.68%
SpS11.4
BVpS3.78
TBVpS3.28
PEG (NY)4.75
PEG (5Y)0.34
Graham Number8.15
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 | 4.69 |
F-Score5
WACC7.9%
ROIC/WACC2.13
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 Y3.49%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
EPS Next 5Y13.72%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
Revenue Next Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y4.71%
EBIT growth 1Y2.12%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year31.67%
EBIT Next 3Y15.37%
EBIT Next 5Y11.84%
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 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 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.
Can you provide the PE and PB ratios for CEU stock?
The Price/Earnings (PE) ratio for CES ENERGY SOLUTIONS CORP (CEU.CA) is 16.6 and the Price/Book (PB) ratio is 3.42.
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 3.49% in the next year.