CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
19.18 CAD
+0.71 (+3.84%)
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
- In the past year CEU was profitable.
- In the past year CEU had a positive cash flow from operations.
- CEU had positive earnings in each of the past 5 years.
- 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
- The Return On Assets of CEU (12.65%) is better than 96.30% of its industry peers.
- With an excellent Return On Equity value of 25.54%, CEU belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- CEU has a Return On Invested Capital of 17.08%. This is amongst the best in the industry. CEU outperforms 96.30% of its industry peers.
| 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
- Looking at the Profit Margin, with a value of 8.21%, CEU is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
- In the last couple of years the Profit Margin of CEU has grown nicely.
- With a decent Operating Margin value of 10.81%, CEU is doing good in the industry, outperforming 70.37% of the companies in the same industry.
- CEU's Operating Margin has improved in the last couple of years.
- CEU has a Gross Margin (23.69%) which is in line with its industry peers.
- 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
- An Altman-Z score of 5.59 indicates that CEU is not in any danger for bankruptcy at the moment.
- CEU's Altman-Z score of 5.59 is amongst the best of the industry. CEU outperforms 92.59% of its industry peers.
- CEU has a debt to FCF ratio of 2.62. This is a good value and a sign of high solvency as CEU would need 2.62 years to pay back of all of its debts.
- CEU has a better Debt to FCF ratio (2.62) than 81.48% of its industry peers.
- A Debt/Equity ratio of 0.55 indicates that CEU is somewhat dependend on debt financing.
- The Debt to Equity ratio of CEU (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.59 |
ROIC/WACC2.09
WACC8.17%
2.3 Liquidity
- A Current Ratio of 2.86 indicates that CEU has no problem at all paying 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.
- CEU has a Quick ratio of 1.67. This is in the better half of the industry: CEU outperforms 70.37% of its industry peers.
| 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.
- 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
- The Earnings Per Share is expected to grow by 12.89% 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 2.92% on average per year.
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
- With a Price/Earnings ratio of 20.85, CEU is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of CEU is on the same level as its industry peers.
- CEU's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.88.
- With a Price/Forward Earnings ratio of 19.27, CEU is valued on the expensive side.
- CEU's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 22.19. CEU is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 19.27 |
4.2 Price Multiples
- 88.89% of the companies in the same industry are cheaper than CEU, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CEU.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.92 | ||
| EV/EBITDA | 11.66 |
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.
- CEU's earnings are expected to grow with 16.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.54
PEG (5Y)0.37
EPS Next 2Y11.47%
EPS Next 3Y16.09%
5. CEU.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.21%, CEU has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.06, CEU pays a bit more dividend than its industry peers.
- CEU's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
| 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 paid a dividend for at least 10 years, which is 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 (3/27/2026, 7:00:00 PM)
19.18
+0.71 (+3.84%)
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 Cap4.03B
Revenue(TTM)2.49B
Net Income(TTM)204.72M
Analysts78.18
Price Target15.24 (-20.54%)
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 | 20.85 | ||
| Fwd PE | 19.27 | ||
| P/S | 1.61 | ||
| P/FCF | 21.92 | ||
| P/OCF | 14.11 | ||
| P/B | 5.02 | ||
| P/tB | 5.79 | ||
| EV/EBITDA | 11.66 |
EPS(TTM)0.92
EY4.8%
EPS(NY)1
Fwd EY5.19%
FCF(TTM)0.87
FCFY4.56%
OCF(TTM)1.36
OCFY7.09%
SpS11.88
BVpS3.82
TBVpS3.31
PEG (NY)2.54
PEG (5Y)0.37
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 | 5.59 |
F-Score6
WACC8.17%
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 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 20.85 and the Price/Book (PB) ratio is 5.02.
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.