SOURCE ENERGY SERVICES LTD (SHLE.CA) Fundamental Analysis & Valuation
TSX:SHLE • CA83615X4075
Current stock price
15.14 CAD
+0.05 (+0.33%)
Last:
This SHLE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SHLE.CA Profitability Analysis
1.1 Basic Checks
- In the past year SHLE was profitable.
- In the past year SHLE had a positive cash flow from operations.
- In multiple years SHLE reported negative net income over the last 5 years.
- Each year in the past 5 years SHLE had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 5.36%, SHLE perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
- The Return On Equity of SHLE (15.84%) is better than 77.78% of its industry peers.
- The Return On Invested Capital of SHLE (7.03%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for SHLE is below the industry average of 12.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 15.84% | ||
| ROIC | 7.03% |
ROA(3y)13.87%
ROA(5y)5.95%
ROE(3y)39.93%
ROE(5y)-82%
ROIC(3y)9.42%
ROIC(5y)6.91%
1.3 Margins
- SHLE has a Profit Margin (4.72%) which is in line with its industry peers.
- SHLE has a Operating Margin of 6.64%. This is comparable to the rest of the industry: SHLE outperforms 51.85% of its industry peers.
- In the last couple of years the Operating Margin of SHLE has grown nicely.
- With a Gross Margin value of 16.65%, SHLE is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of SHLE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.64% | ||
| PM (TTM) | 4.72% | ||
| GM | 16.65% |
OM growth 3Y16.42%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.02%
GM growth 5Y10.99%
2. SHLE.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SHLE is creating some value.
- Compared to 1 year ago, SHLE has less shares outstanding
- SHLE has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, SHLE has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.29, we must say that SHLE is in the distress zone and has some risk of bankruptcy.
- SHLE has a worse Altman-Z score (1.29) than 66.67% of its industry peers.
- The Debt to FCF ratio of SHLE is 4.79, which is a neutral value as it means it would take SHLE, 4.79 years of fcf income to pay off all of its debts.
- SHLE has a Debt to FCF ratio (4.79) which is comparable to the rest of the industry.
- SHLE has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of SHLE (1.14) is worse than 81.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 4.79 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.02
WACC6.86%
2.3 Liquidity
- SHLE has a Current Ratio of 1.31. 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 Current ratio of 1.31. This is in the lower half of the industry: SHLE underperforms 74.07% of its industry peers.
- A Quick Ratio of 0.72 indicates that SHLE may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.72, SHLE is doing worse than 85.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 0.72 |
3. SHLE.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 164.62% over the past year.
- The Revenue has been growing slightly by 3.91% in the past year.
- The Revenue has been growing by 22.89% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)164.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.88%
Revenue 1Y (TTM)3.91%
Revenue growth 3Y18.97%
Revenue growth 5Y22.89%
Sales Q2Q%13.49%
3.2 Future
- The Earnings Per Share is expected to grow by 56.59% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 5.04% on average over the next years.
EPS Next Y91.55%
EPS Next 2Y56.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.76%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
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. SHLE.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 8.80, which indicates a very decent valuation of SHLE.
- Based on the Price/Earnings ratio, SHLE is valued cheaper than 96.30% of the companies in the same industry.
- SHLE is valuated cheaply when we compare the Price/Earnings ratio to 27.53, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 4.60, 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.
- The average S&P500 Price/Forward Earnings ratio is at 37.95. SHLE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 4.6 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SHLE is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHLE indicates a rather cheap valuation: SHLE is cheaper than 96.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.42 | ||
| EV/EBITDA | 4.08 |
4.3 Compensation for Growth
- SHLE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SHLE's earnings are expected to grow with 56.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y56.59%
EPS Next 3YN/A
5. SHLE.CA Dividend Analysis
5.1 Amount
- No dividends for SHLE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
SHLE.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:SHLE (4/16/2026, 7:00:00 PM)
15.14
+0.05 (+0.33%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)04-30 2026-04-30
Inst Owners11.51%
Inst Owner ChangeN/A
Ins Owners2.06%
Ins Owner ChangeN/A
Market Cap198.03M
Revenue(TTM)700.30M
Net Income(TTM)33.08M
Analysts80
Price Target19.64 (29.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)0
Avg EPS beat(2)-185.86%
Min EPS beat(2)-319.99%
Max EPS beat(2)-51.73%
EPS beat(4)2
Avg EPS beat(4)-72.88%
Min EPS beat(4)-319.99%
Max EPS beat(4)44.55%
EPS beat(8)2
Avg EPS beat(8)-84.64%
EPS beat(12)5
Avg EPS beat(12)-51.55%
EPS beat(16)8
Avg EPS beat(16)207.78%
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.56%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)2.68%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)15.26%
Revenue beat(8)5
Avg Revenue beat(8)6.47%
Revenue beat(12)7
Avg Revenue beat(12)6.2%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.45%
PT rev (3m)14.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-54.5%
EPS NY rev (1m)-2.86%
EPS NY rev (3m)-7.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.56%
Revenue NY rev (3m)-4.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 4.6 | ||
| P/S | 0.28 | ||
| P/FCF | 3.42 | ||
| P/OCF | 1.68 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 4.08 |
EPS(TTM)1.72
EY11.36%
EPS(NY)3.29
Fwd EY21.76%
FCF(TTM)4.42
FCFY29.21%
OCF(TTM)9
OCFY59.43%
SpS53.54
BVpS15.97
TBVpS15.97
PEG (NY)0.1
PEG (5Y)N/A
Graham Number24.8609 (64.21%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.36% | ||
| ROE | 15.84% | ||
| ROCE | 10.09% | ||
| ROIC | 7.03% | ||
| ROICexc | 7.35% | ||
| ROICexgc | 7.35% | ||
| OM | 6.64% | ||
| PM (TTM) | 4.72% | ||
| GM | 16.65% | ||
| FCFM | 8.26% |
ROA(3y)13.87%
ROA(5y)5.95%
ROE(3y)39.93%
ROE(5y)-82%
ROIC(3y)9.42%
ROIC(5y)6.91%
ROICexc(3y)9.78%
ROICexc(5y)7.13%
ROICexgc(3y)9.78%
ROICexgc(5y)7.13%
ROCE(3y)13.53%
ROCE(5y)9.92%
ROICexgc growth 3Y13%
ROICexgc growth 5YN/A
ROICexc growth 3Y13%
ROICexc growth 5YN/A
OM growth 3Y16.42%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.02%
GM growth 5Y10.99%
F-Score7
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 4.79 | ||
| Debt/EBITDA | 2.13 | ||
| Cap/Depr | 92.01% | ||
| Cap/Sales | 8.55% | ||
| Interest Coverage | 1.93 | ||
| Cash Conversion | 105.51% | ||
| Profit Quality | 174.83% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.29 |
F-Score7
WACC6.86%
ROIC/WACC1.02
Cap/Depr(3y)78.93%
Cap/Depr(5y)61%
Cap/Sales(3y)6.37%
Cap/Sales(5y)4.94%
Profit Quality(3y)242.97%
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 Y91.55%
EPS Next 2Y56.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.91%
Revenue growth 3Y18.97%
Revenue growth 5Y22.89%
Sales Q2Q%13.49%
Revenue Next Year4.76%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-28.78%
EBIT growth 3Y38.5%
EBIT growth 5YN/A
EBIT Next Year96.44%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.12%
FCF growth 3Y-4%
FCF growth 5Y10.14%
OCF growth 1Y24.68%
OCF growth 3Y13.65%
OCF growth 5Y24.48%
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.
Can you provide the profitability details for SOURCE ENERGY SERVICES LTD?
SOURCE ENERGY SERVICES LTD (SHLE.CA) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for SHLE stock?
The Price/Earnings (PE) ratio for SOURCE ENERGY SERVICES LTD (SHLE.CA) is 8.8 and the Price/Book (PB) ratio is 0.95.
How financially healthy is SOURCE ENERGY SERVICES LTD?
The financial health rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) is 3 / 10.