CES ENERGY SOLUTIONS CORP (CEU.CA) Fundamental Analysis & Valuation
TSX:CEU • CA15713J1049
Current stock price
18.33 CAD
+0.71 (+4.03%)
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.
- CEU had a positive operating cash flow in the past year.
- In the past 5 years CEU has always been profitable.
- In multiple years CEU reported negative operating cash flow during the last 5 years.
1.2 Ratios
- CEU has a Return On Assets of 12.65%. This is amongst the best in the industry. CEU outperforms 96.43% of its industry peers.
- CEU has a better Return On Equity (25.54%) than 89.29% of its industry peers.
- The Return On Invested Capital of CEU (17.08%) is better than 96.43% 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
- CEU has a Profit Margin of 8.21%. This is amongst the best in the industry. CEU outperforms 82.14% of its industry peers.
- In the last couple of years the Profit Margin of CEU has grown nicely.
- CEU has a Operating Margin of 10.81%. This is in the better half of the industry: CEU outperforms 71.43% of its industry peers.
- CEU's Operating Margin has improved in the last couple of years.
- CEU has a better Gross Margin (23.69%) than 60.71% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CEU is creating value.
- There is no outstanding debt for CEU. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 5.58 indicates that CEU is not in any danger for bankruptcy at the moment.
- CEU has a Altman-Z score of 5.58. This is amongst the best in the industry. CEU outperforms 92.86% 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.
- The Debt to FCF ratio of CEU (2.62) is better than 78.57% 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.
- With a Debt to Equity ratio value of 0.55, CEU perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 5.58 |
ROIC/WACC2.05
WACC8.32%
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 Current ratio of 2.86. This is amongst the best in the industry. CEU outperforms 89.29% of its industry peers.
- A Quick Ratio of 1.67 indicates that CEU should not have too much problems paying its short term obligations.
- CEU has a better Quick ratio (1.67) than 67.86% of its industry peers.
| 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.
- CEU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 55.87% yearly.
- CEU shows a small growth in Revenue. In the last year, the Revenue has grown by 5.97%.
- The Revenue has been growing by 22.94% on average over the past years. This is a very strong growth!
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.
- CEU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.21% yearly.
EPS Next Y10.1%
EPS Next 2Y12.01%
EPS Next 3Y15.13%
EPS Next 5Y12.89%
Revenue Next Year8.63%
Revenue Next 2Y7.41%
Revenue Next 3Y9.91%
Revenue Next 5Y3.21%
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
- CEU is valuated rather expensively with a Price/Earnings ratio of 19.92.
- CEU's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 27.50. CEU is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 18.10 indicates a rather expensive valuation of CEU.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CEU is on the same level as its industry peers.
- When comparing the Price/Forward Earnings ratio of CEU to the average of the S&P500 Index (22.62), we can say CEU is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 18.1 |
4.2 Price Multiples
- 85.71% of the companies in the same industry are cheaper than CEU, based on the Enterprise Value to EBITDA ratio.
- CEU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.06 | ||
| EV/EBITDA | 11.63 |
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 15.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.97
PEG (5Y)0.36
EPS Next 2Y12.01%
EPS Next 3Y15.13%
5. CEU.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.22%, CEU has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.95, CEU pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.81, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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.
- As CEU did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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 2Y12.01%
EPS Next 3Y15.13%
CEU.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CEU (4/22/2026, 7:00:00 PM)
18.33
+0.71 (+4.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
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 Cap3.87B
Revenue(TTM)2.49B
Net Income(TTM)204.72M
Analysts76.36
Price Target19.19 (4.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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)1.74%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)1.92%
Revenue NY rev (3m)1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.92 | ||
| Fwd PE | 18.1 | ||
| P/S | 1.55 | ||
| P/FCF | 21.06 | ||
| P/OCF | 13.55 | ||
| P/B | 4.82 | ||
| P/tB | 5.57 | ||
| EV/EBITDA | 11.63 |
EPS(TTM)0.92
EY5.02%
EPS(NY)1.01
Fwd EY5.53%
FCF(TTM)0.87
FCFY4.75%
OCF(TTM)1.35
OCFY7.38%
SpS11.82
BVpS3.8
TBVpS3.29
PEG (NY)1.97
PEG (5Y)0.36
Graham Number8.86794 (-51.62%)
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 | 5.58 |
F-Score6
WACC8.32%
ROIC/WACC2.05
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 Y10.1%
EPS Next 2Y12.01%
EPS Next 3Y15.13%
EPS Next 5Y12.89%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y9.07%
Revenue growth 5Y22.94%
Sales Q2Q%9.77%
Revenue Next Year8.63%
Revenue Next 2Y7.41%
Revenue Next 3Y9.91%
Revenue Next 5Y3.21%
EBIT growth 1Y1.13%
EBIT growth 3Y17.3%
EBIT growth 5YN/A
EBIT Next Year56.41%
EBIT Next 3Y21.5%
EBIT Next 5Y17.6%
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 19.92 and the Price/Book (PB) ratio is 4.82.
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%.