CALFRAC WELL SERVICES LTD (CFW.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CFW - CA1295844056 - Common Stock
3.41 CAD
+0.07 (+2.1%)
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. Both the profitability and financial health of CFW have multiple concerns. CFW is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CFW was profitable.
CFW had a positive operating cash flow in the past year.
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 has a worse Return On Assets (1.65%) than 67.86% of its industry peers.
With a Return On Equity value of 3.03%, CFW is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
CFW's Return On Invested Capital of 7.43% is in line compared to the rest of the industry. CFW outperforms 53.57% of its industry peers.
CFW had an Average Return On Invested Capital over the past 3 years of 9.50%. This is significantly below the industry average of 163.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 3.03% | ||
| ROIC | 7.43% |
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 1.37%, CFW is doing worse than 67.86% of the companies in the same industry.
CFW's Operating Margin of 4.81% is on the low side compared to the rest of the industry. CFW is outperformed by 75.00% of its industry peers.
CFW has a Gross Margin of 8.79%. This is amonst the worse of the industry: CFW underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.81% | ||
| PM (TTM) | 1.37% | ||
| GM | 8.79% |
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
CFW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CFW remains at a similar level compared to 1 year ago.
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 1.27, we must say that CFW is in the distress zone and has some risk of bankruptcy.
CFW has a Altman-Z score (1.27) which is in line with its industry peers.
The Debt to FCF ratio of CFW is 5.57, which is a neutral value as it means it would take CFW, 5.57 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CFW (5.57) is comparable to the rest of the industry.
CFW has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, CFW belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 5.57 | ||
| Altman-Z | 1.27 |
ROIC/WACC0.84
WACC8.84%
2.3 Liquidity
A Current Ratio of 0.93 indicates that CFW may have some problems paying its short term obligations.
CFW has a Current ratio of 0.93. This is in the lower half of the industry: CFW underperforms 78.57% of its industry peers.
CFW has a Quick Ratio of 0.93. 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 has a Quick ratio of 0.72. This is amonst the worse of the industry: CFW underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
CFW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.63%.
The Revenue has decreased by -8.13% in the past year.
The Revenue has been decreasing by -0.67% on average over the past years.
EPS 1Y (TTM)-25.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%161.25%
Revenue 1Y (TTM)-8.13%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%-24.81%
3.2 Future
CFW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 69.90% yearly.
The Revenue is expected to decrease by -1.30% on average over the next years.
EPS Next Y57.48%
EPS Next 2Y77.47%
EPS Next 3Y69.9%
EPS Next 5YN/A
Revenue Next Year-10.71%
Revenue Next 2Y-3.79%
Revenue Next 3Y-1.3%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.64, the valuation of CFW can be described as correct.
60.71% of the companies in the same industry are more expensive than CFW, based on the Price/Earnings ratio.
CFW is valuated rather cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.84, the valuation of CFW can be described as very reasonable.
CFW's Price/Forward Earnings ratio is in line with the industry average.
CFW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 9.84 |
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 89.29% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CFW is valued cheaply inside the industry as 82.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.94 | ||
| EV/EBITDA | 2.96 |
4.3 Compensation for Growth
CFW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CFW's earnings are expected to grow with 69.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y77.47%
EPS Next 3Y69.9%
5. Dividend
5.1 Amount
CFW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:CFW (12/5/2025, 7:00:00 PM)
3.41
+0.07 (+2.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners12.85%
Inst Owner ChangeN/A
Ins Owners17.05%
Ins Owner ChangeN/A
Market Cap292.88M
Revenue(TTM)1.48B
Net Income(TTM)20.21M
Analysts76.67
Price Target4.36 (27.86%)
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)2
Avg EPS beat(2)176.49%
Min EPS beat(2)54.97%
Max EPS beat(2)298.02%
EPS beat(4)3
Avg EPS beat(4)101.12%
Min EPS beat(4)-246.53%
Max EPS beat(4)298.02%
EPS beat(8)5
Avg EPS beat(8)48.56%
EPS beat(12)8
Avg EPS beat(12)57.81%
EPS beat(16)9
Avg EPS beat(16)39.04%
Revenue beat(2)0
Avg Revenue beat(2)-6.84%
Min Revenue beat(2)-11.9%
Max Revenue beat(2)-1.78%
Revenue beat(4)1
Avg Revenue beat(4)-3.08%
Min Revenue beat(4)-11.9%
Max Revenue beat(4)4.68%
Revenue beat(8)4
Avg Revenue beat(8)0.9%
Revenue beat(12)7
Avg Revenue beat(12)1.27%
Revenue beat(16)9
Avg Revenue beat(16)0.94%
PT rev (1m)0.59%
PT rev (3m)0.59%
EPS NQ rev (1m)24.47%
EPS NQ rev (3m)-5.75%
EPS NY rev (1m)27.04%
EPS NY rev (3m)-28.54%
Revenue NQ rev (1m)-9.29%
Revenue NQ rev (3m)-9.29%
Revenue NY rev (1m)-0.84%
Revenue NY rev (3m)-0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 9.84 | ||
| P/S | 0.2 | ||
| P/FCF | 4.94 | ||
| P/OCF | 1.4 | ||
| P/B | 0.44 | ||
| P/tB | 0.44 | ||
| EV/EBITDA | 2.96 |
EPS(TTM)0.25
EY7.33%
EPS(NY)0.35
Fwd EY10.16%
FCF(TTM)0.69
FCFY20.24%
OCF(TTM)2.43
OCFY71.23%
SpS17.2
BVpS7.78
TBVpS7.78
PEG (NY)0.24
PEG (5Y)N/A
Graham Number6.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 3.03% | ||
| ROCE | 10.32% | ||
| ROIC | 7.43% | ||
| ROICexc | 7.44% | ||
| ROICexgc | 7.44% | ||
| OM | 4.81% | ||
| PM (TTM) | 1.37% | ||
| GM | 8.79% | ||
| FCFM | 4.01% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 5.57 | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 107.36% | ||
| Cap/Sales | 10.11% | ||
| Interest Coverage | 2.36 | ||
| Cash Conversion | 99.27% | ||
| Profit Quality | 293.32% | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.27 |
F-Score4
WACC8.84%
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)-25.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%161.25%
EPS Next Y57.48%
EPS Next 2Y77.47%
EPS Next 3Y69.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.13%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%-24.81%
Revenue Next Year-10.71%
Revenue Next 2Y-3.79%
Revenue Next 3Y-1.3%
Revenue Next 5YN/A
EBIT growth 1Y-15.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year223.45%
EBIT Next 3Y53.38%
EBIT Next 5YN/A
FCF growth 1Y-11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-8.98%
OCF growth 3YN/A
OCF growth 5Y-0.74%
CALFRAC WELL SERVICES LTD / CFW.CA FAQ
What is the ChartMill fundamental rating of CALFRAC WELL SERVICES LTD (CFW.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CFW.CA.
What is the valuation status for CFW stock?
ChartMill assigns a valuation rating of 7 / 10 to CALFRAC WELL SERVICES LTD (CFW.CA). This can be considered as Undervalued.
What is the profitability of CFW stock?
CALFRAC WELL SERVICES LTD (CFW.CA) has a profitability rating of 2 / 10.
What is the valuation of CALFRAC WELL SERVICES LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CALFRAC WELL SERVICES LTD (CFW.CA) is 13.64 and the Price/Book (PB) ratio is 0.44.
How financially healthy is CALFRAC WELL SERVICES LTD?
The financial health rating of CALFRAC WELL SERVICES LTD (CFW.CA) is 3 / 10.