CALFRAC WELL SERVICES LTD (CFW.CA) Stock Fundamental Analysis
TSX:CFW - Toronto Stock Exchange - CA1295844056 - Common Stock - Currency: CAD
CFW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 28 industry peers in the Energy Equipment & Services industry. CFW has a bad profitability rating. Also its financial health evaluation is rather negative. CFW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CFW had positive earnings in the past year.
In the past year CFW had a positive cash flow from operations.
In multiple years CFW reported negative net income over the last 5 years.
Of the past 5 years CFW 4 years had a positive operating cash flow.
1.2 Ratios
CFW's Return On Assets of 1.45% is on the low side compared to the rest of the industry. CFW is outperformed by 67.86% of its industry peers.
The Return On Equity of CFW (2.75%) is worse than 67.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.70%, CFW is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
CFW had an Average Return On Invested Capital over the past 3 years of 9.50%. This is in line with the industry average of 10.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.75% | ||
| ROIC | 7.7% |
ROA(3y)6.32%
ROA(5y)-5.17%
ROE(3y)11.77%
ROE(5y)-13.78%
ROIC(3y)9.5%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.13%, CFW is doing worse than 71.43% of the companies in the same industry.
CFW's Operating Margin of 4.58% is on the low side compared to the rest of the industry. CFW is outperformed by 71.43% of its industry peers.
CFW's Gross Margin of 8.47% is on the low side compared to the rest of the industry. CFW is outperformed by 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.58% | ||
| PM (TTM) | 1.13% | ||
| GM | 8.47% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CFW is creating some value.
Compared to 1 year ago, CFW has about the same amount of shares outstanding.
Compared to 5 years ago, CFW has more shares outstanding
The debt/assets ratio for CFW is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.32, we must say that CFW is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.32, CFW is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.02 indicates that CFW is not too dependend on debt financing.
CFW has a Debt to Equity ratio of 0.02. This is amongst the best in the industry. CFW outperforms 96.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.84
WACC9.19%
2.3 Liquidity
CFW has a Current Ratio of 0.92. This is a bad value and indicates that CFW is not financially healthy enough and could expect problems in meeting its short term obligations.
CFW's Current ratio of 0.92 is on the low side compared to the rest of the industry. CFW is outperformed by 82.14% of its industry peers.
A Quick Ratio of 0.69 indicates that CFW may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.69, CFW is doing worse than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
CFW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -87.89%.
CFW shows a decrease in Revenue. In the last year, the revenue decreased by -5.51%.
CFW shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.67% yearly.
EPS 1Y (TTM)-87.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%12.11%
3.2 Future
The Earnings Per Share is expected to grow by 85.93% on average over the next years. This is a very strong growth
Based on estimates for the next years, CFW will show a small growth in Revenue. The Revenue will grow by 1.51% on average per year.
EPS Next Y235.14%
EPS Next 2Y120.6%
EPS Next 3Y85.93%
EPS Next 5YN/A
Revenue Next Year-2.71%
Revenue Next 2Y-1.68%
Revenue Next 3Y1.51%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.57, CFW is valued correctly.
CFW's Price/Earnings ratio is a bit more expensive when compared to the industry. CFW is more expensive than 64.29% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, CFW is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 6.69, the valuation of CFW can be described as very cheap.
Based on the Price/Forward Earnings ratio, CFW is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
CFW is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.57 | ||
| Fwd PE | 6.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CFW indicates a rather cheap valuation: CFW is cheaper than 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.07 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CFW's earnings are expected to grow with 85.93% in the coming years.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y120.6%
EPS Next 3Y85.93%
5. Dividend
5.1 Amount
No dividends for CFW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:CFW (7/4/2025, 7:00:00 PM)
3.58
+0.11 (+3.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners14.27%
Inst Owner ChangeN/A
Ins Owners16.97%
Ins Owner ChangeN/A
Market Cap307.49M
Analysts77.14
Price Target4.08 (13.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)25.74%
Min EPS beat(2)-246.53%
Max EPS beat(2)298.02%
EPS beat(4)2
Avg EPS beat(4)3.99%
Min EPS beat(4)-246.53%
Max EPS beat(4)298.02%
EPS beat(8)5
Avg EPS beat(8)48.57%
EPS beat(12)7
Avg EPS beat(12)32.46%
EPS beat(16)8
Avg EPS beat(16)17.62%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-3.31%
Max Revenue beat(2)4.68%
Revenue beat(4)3
Avg Revenue beat(4)5.45%
Min Revenue beat(4)-3.31%
Max Revenue beat(4)14.13%
Revenue beat(8)6
Avg Revenue beat(8)3.64%
Revenue beat(12)9
Avg Revenue beat(12)2.89%
Revenue beat(16)10
Avg Revenue beat(16)1.74%
PT rev (1m)-14.29%
PT rev (3m)-20%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.57 | ||
| Fwd PE | 6.69 | ||
| P/S | 0.19 | ||
| P/FCF | N/A | ||
| P/OCF | 2.43 | ||
| P/B | 0.47 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | 3.07 |
EPS(TTM)0.23
EY6.42%
EPS(NY)0.54
Fwd EY14.95%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.47
OCFY41.17%
SpS18.72
BVpS7.69
TBVpS7.69
PEG (NY)0.07
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.75% | ||
| ROCE | 10.7% | ||
| ROIC | 7.7% | ||
| ROICexc | 7.88% | ||
| ROICexgc | 7.88% | ||
| OM | 4.58% | ||
| PM (TTM) | 1.13% | ||
| GM | 8.47% | ||
| FCFM | N/A |
ROA(3y)6.32%
ROA(5y)-5.17%
ROE(3y)11.77%
ROE(5y)-13.78%
ROIC(3y)9.5%
ROIC(5y)N/A
ROICexc(3y)9.81%
ROICexc(5y)N/A
ROICexgc(3y)9.81%
ROICexgc(5y)N/A
ROCE(3y)13.19%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 120.31% | ||
| Cap/Sales | 10.46% | ||
| Interest Coverage | 2.32 | ||
| Cash Conversion | 59.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.32 |
F-Score4
WACC9.19%
ROIC/WACC0.84
Cap/Depr(3y)115.62%
Cap/Depr(5y)84.66%
Cap/Sales(3y)8.75%
Cap/Sales(5y)7.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-87.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
EPS Next Y235.14%
EPS Next 2Y120.6%
EPS Next 3Y85.93%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%12.11%
Revenue Next Year-2.71%
Revenue Next 2Y-1.68%
Revenue Next 3Y1.51%
Revenue Next 5YN/A
EBIT growth 1Y-49.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year204.31%
EBIT Next 3Y53.41%
EBIT Next 5YN/A
FCF growth 1Y-224.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.53%
OCF growth 3YN/A
OCF growth 5Y-0.74%