SOURCE ENERGY SERVICES LTD (SHLE.CA) Fundamental Analysis & Valuation

TSX:SHLE • CA83615X4075

Current stock price

15.76 CAD
-0.67 (-4.08%)
Last:

This SHLE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. SHLE.CA Profitability Analysis

1.1 Basic Checks

  • In the past year SHLE was profitable.
  • SHLE had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: SHLE reported negative net income in multiple years.
  • Of the past 5 years SHLE 4 years had a positive operating cash flow.
SHLE.CA Yearly Net Income VS EBIT VS OCF VS FCFSHLE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

  • SHLE has a Return On Assets (3.97%) which is comparable to the rest of the industry.
  • SHLE's Return On Equity of 11.28% is fine compared to the rest of the industry. SHLE outperforms 71.43% of its industry peers.
  • SHLE has a Return On Invested Capital (5.70%) which is in line with its industry peers.
  • SHLE had an Average Return On Invested Capital over the past 3 years of 6.71%. This is significantly below the industry average of 170.09%.
Industry RankSector Rank
ROA 3.97%
ROE 11.28%
ROIC 5.7%
ROA(3y)11.19%
ROA(5y)-8.84%
ROE(3y)-16.81%
ROE(5y)-196.91%
ROIC(3y)6.71%
ROIC(5y)N/A
SHLE.CA Yearly ROA, ROE, ROICSHLE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400

1.3 Margins

  • SHLE's Profit Margin of 3.49% is in line compared to the rest of the industry. SHLE outperforms 53.57% of its industry peers.
  • SHLE's Operating Margin of 7.38% is in line compared to the rest of the industry. SHLE outperforms 46.43% of its industry peers.
  • SHLE's Operating Margin has improved in the last couple of years.
  • SHLE has a Gross Margin of 17.41%. This is in the lower half of the industry: SHLE underperforms 64.29% of its industry peers.
  • SHLE's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.38%
PM (TTM) 3.49%
GM 17.41%
OM growth 3Y103.08%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.43%
GM growth 5Y10.85%
SHLE.CA Yearly Profit, Operating, Gross MarginsSHLE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. SHLE.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHLE is destroying value.
  • SHLE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
SHLE.CA Yearly Shares OutstandingSHLE.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
SHLE.CA Yearly Total Debt VS Total AssetsSHLE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

  • Based on the Altman-Z score of 1.34, we must say that SHLE is in the distress zone and has some risk of bankruptcy.
  • SHLE has a worse Altman-Z score (1.34) than 60.71% of its industry peers.
  • SHLE has a debt to FCF ratio of 4.20. This is a neutral value as SHLE would need 4.20 years to pay back of all of its debts.
  • The Debt to FCF ratio of SHLE (4.20) is better than 64.29% of its industry peers.
  • SHLE has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.16, SHLE is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF 4.2
Altman-Z 1.34
ROIC/WACC0.74
WACC7.74%
SHLE.CA Yearly LT Debt VS Equity VS FCFSHLE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • SHLE has a Current Ratio of 1.42. This is a normal value and indicates that SHLE is financially healthy and should not expect problems in meeting its short term obligations.
  • SHLE has a worse Current ratio (1.42) than 64.29% of its industry peers.
  • SHLE has a Quick Ratio of 1.42. This is a bad value and indicates that SHLE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of SHLE (0.70) is worse than 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.42
Quick Ratio 0.7
SHLE.CA Yearly Current Assets VS Current LiabilitesSHLE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. SHLE.CA Growth Analysis

3.1 Past

  • SHLE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 164.62%, which is quite impressive.
EPS 1Y (TTM)164.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.88%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%13.49%

3.2 Future

  • The Earnings Per Share is expected to grow by 56.50% on average over the next years. This is a very strong growth
  • SHLE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.93% yearly.
EPS Next Y97.18%
EPS Next 2Y56.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.42%
Revenue Next 2Y5.93%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

SHLE.CA Yearly Revenue VS EstimatesSHLE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
SHLE.CA Yearly EPS VS EstimatesSHLE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -10 -20 -30 -40

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9

4. SHLE.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 9.16, the valuation of SHLE can be described as reasonable.
  • SHLE's Price/Earnings ratio is rather cheap when compared to the industry. SHLE is cheaper than 89.29% of the companies in the same industry.
  • SHLE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.96.
  • Based on the Price/Forward Earnings ratio of 4.65, the valuation of SHLE can be described as very cheap.
  • 100.00% of the companies in the same industry are more expensive than SHLE, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of SHLE to the average of the S&P500 Index (24.04), we can say SHLE is valued rather cheaply.
Industry RankSector Rank
PE 9.16
Fwd PE 4.65
SHLE.CA Price Earnings VS Forward Price EarningsSHLE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SHLE is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, SHLE is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.03
EV/EBITDA 4.14
SHLE.CA Per share dataSHLE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

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 SHLE's earnings are expected to grow with 56.50% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y56.5%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SHLE.CA Dividend Analysis

5.1 Amount

  • No dividends for SHLE!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

SHLE.CA Fundamentals: All Metrics, Ratios and Statistics

SOURCE ENERGY SERVICES LTD

TSX:SHLE (3/13/2026, 7:00:00 PM)

15.76

-0.67 (-4.08%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners11.52%
Inst Owner ChangeN/A
Ins Owners2.06%
Ins Owner ChangeN/A
Market Cap206.14M
Revenue(TTM)N/A
Net Income(TTM)23.73M
Analysts80
Price Target18.11 (14.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-137.72%
Min EPS beat(2)-319.99%
Max EPS beat(2)44.55%
EPS beat(4)2
Avg EPS beat(4)-131.87%
Min EPS beat(4)-319.99%
Max EPS beat(4)44.55%
EPS beat(8)3
Avg EPS beat(8)-74.66%
EPS beat(12)5
Avg EPS beat(12)-47.39%
EPS beat(16)8
Avg EPS beat(16)205.49%
Revenue beat(2)0
Avg Revenue beat(2)-2.15%
Min Revenue beat(2)-2.74%
Max Revenue beat(2)-1.56%
Revenue beat(4)2
Avg Revenue beat(4)3.86%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)15.26%
Revenue beat(8)6
Avg Revenue beat(8)8.51%
Revenue beat(12)7
Avg Revenue beat(12)5.79%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-46.72%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.73%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)0.25%
Valuation
Industry RankSector Rank
PE 9.16
Fwd PE 4.65
P/S 0.3
P/FCF 3.03
P/OCF 1.57
P/B 0.98
P/tB 0.98
EV/EBITDA 4.14
EPS(TTM)1.72
EY10.91%
EPS(NY)3.39
Fwd EY21.52%
FCF(TTM)5.19
FCFY32.95%
OCF(TTM)10.01
OCFY63.5%
SpS52.04
BVpS16.08
TBVpS16.08
PEG (NY)0.09
PEG (5Y)N/A
Graham Number24.95
Profitability
Industry RankSector Rank
ROA 3.97%
ROE 11.28%
ROCE 10.71%
ROIC 5.7%
ROICexc 6.1%
ROICexgc 6.1%
OM 7.38%
PM (TTM) 3.49%
GM 17.41%
FCFM 9.98%
ROA(3y)11.19%
ROA(5y)-8.84%
ROE(3y)-16.81%
ROE(5y)-196.91%
ROIC(3y)6.71%
ROIC(5y)N/A
ROICexc(3y)6.91%
ROICexc(5y)N/A
ROICexgc(3y)6.91%
ROICexgc(5y)N/A
ROCE(3y)12.6%
ROCE(5y)N/A
ROICexgc growth 3Y107.74%
ROICexgc growth 5YN/A
ROICexc growth 3Y107.74%
ROICexc growth 5YN/A
OM growth 3Y103.08%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.43%
GM growth 5Y10.85%
F-Score4
Asset Turnover1.14
Health
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF 4.2
Debt/EBITDA 2.19
Cap/Depr 103.21%
Cap/Sales 9.25%
Interest Coverage 1.89
Cash Conversion 117.62%
Profit Quality 286.28%
Current Ratio 1.42
Quick Ratio 0.7
Altman-Z 1.34
F-Score4
WACC7.74%
ROIC/WACC0.74
Cap/Depr(3y)63.97%
Cap/Depr(5y)44.19%
Cap/Sales(3y)4.71%
Cap/Sales(5y)3.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)164.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.88%
EPS Next Y97.18%
EPS Next 2Y56.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%13.49%
Revenue Next Year6.42%
Revenue Next 2Y5.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-28.76%
EBIT growth 3Y160.34%
EBIT growth 5YN/A
EBIT Next Year70.49%
EBIT Next 3Y26.5%
EBIT Next 5YN/A
FCF growth 1Y11.59%
FCF growth 3Y87.51%
FCF growth 5Y25.11%
OCF growth 1Y68.89%
OCF growth 3Y88.87%
OCF growth 5Y21.41%

SOURCE ENERGY SERVICES LTD / SHLE.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to SHLE.CA.


Can you provide the valuation status for SOURCE ENERGY SERVICES LTD?

ChartMill assigns a valuation rating of 9 / 10 to SOURCE ENERGY SERVICES LTD (SHLE.CA). This can be considered as Undervalued.


How profitable is SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?

SOURCE ENERGY SERVICES LTD (SHLE.CA) has a profitability rating of 4 / 10.


What is the expected EPS growth for SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?

The Earnings per Share (EPS) of SOURCE ENERGY SERVICES LTD (SHLE.CA) is expected to grow by 97.18% in the next year.


How sustainable is the dividend of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?

The dividend rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) is 0 / 10 and the dividend payout ratio is 0%.