SOURCE ENERGY SERVICES LTD (SHLE.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:SHLE - CA83615X4075 - Common Stock
16.82 CAD
+0.16 (+0.96%)
Taking everything into account, SHLE scores 3 out of 10 in our fundamental rating. SHLE was compared to 27 industry peers in the Energy Equipment & Services industry. SHLE has a medium profitability rating, but doesn't score so well on its financial health evaluation. SHLE is valued quite cheap, but it does not seem to be growing.
1. Profitability
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.
- SHLE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SHLE has a Return On Assets (3.97%) which is in line with its industry peers.
- With a decent Return On Equity value of 11.28%, SHLE is doing good in the industry, outperforming 62.96% of the companies in the same industry.
- The Return On Invested Capital of SHLE (5.70%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for SHLE is significantly below the industry average of 177.00%.
| Industry Rank | Sector 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
1.3 Margins
- SHLE has a Profit Margin of 3.49%. This is comparable to the rest of the industry: SHLE outperforms 51.85% of its industry peers.
- SHLE has a Operating Margin (7.38%) which is in line with its industry peers.
- SHLE's Operating Margin has improved in the last couple of years.
- The Gross Margin of SHLE (17.41%) is worse than 62.96% of its industry peers.
- SHLE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHLE is destroying value.
- SHLE has about the same amout of shares outstanding than it did 1 year ago.
- SHLE has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for SHLE has remained at the same level compared to a year ago.
2.2 Solvency
- SHLE has an Altman-Z score of 1.37. This is a bad value and indicates that SHLE is not financially healthy and even has some risk of bankruptcy.
- SHLE has a Altman-Z score (1.37) which is comparable to the rest of the industry.
- 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.
- With a decent Debt to FCF ratio value of 4.20, SHLE is doing good in the industry, outperforming 70.37% of the companies in the same industry.
- A Debt/Equity ratio of 1.16 is on the high side and indicates that SHLE has dependencies on debt financing.
- SHLE's Debt to Equity ratio of 1.16 is on the low side compared to the rest of the industry. SHLE is outperformed by 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 4.2 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.72
WACC7.94%
2.3 Liquidity
- A Current Ratio of 1.42 indicates that SHLE should not have too much problems paying its short term obligations.
- The Current ratio of SHLE (1.42) is worse than 62.96% 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.
- With a Quick ratio value of 0.70, SHLE is not doing good in the industry: 85.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
- SHLE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.83%.
- SHLE shows a decrease in Revenue. In the last year, the revenue decreased by -0.39%.
- Measured over the past years, SHLE shows a quite strong growth in Revenue. The Revenue has been growing by 15.14% on average per year.
EPS 1Y (TTM)-50.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-176.67%
Revenue 1Y (TTM)-0.39%
Revenue growth 3Y28.2%
Revenue growth 5Y15.14%
Sales Q2Q%-31.54%
3.2 Future
- Based on estimates for the next years, SHLE will show a very strong growth in Earnings Per Share. The EPS will grow by 86.97% on average per year.
- Based on estimates for the next years, SHLE will show a small growth in Revenue. The Revenue will grow by 6.59% on average per year.
EPS Next Y312.71%
EPS Next 2Y129.96%
EPS Next 3Y86.97%
EPS Next 5YN/A
Revenue Next Year4.76%
Revenue Next 2Y7.32%
Revenue Next 3Y6.59%
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
- The Price/Earnings ratio is 18.90, which indicates a rather expensive current valuation of SHLE.
- Compared to the rest of the industry, the Price/Earnings ratio of SHLE is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of SHLE to the average of the S&P500 Index (27.32), we can say SHLE is valued slightly cheaper.
- The Price/Forward Earnings ratio is 4.89, which indicates a rather cheap valuation of SHLE.
- SHLE's Price/Forward Earnings ratio is rather cheap when compared to the industry. SHLE is cheaper than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.30, SHLE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 4.89 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHLE indicates a somewhat cheap valuation: SHLE is cheaper than 74.07% of the companies listed in the same industry.
- SHLE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SHLE is cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.27 | ||
| EV/EBITDA | 4.28 |
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 86.97% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y129.96%
EPS Next 3Y86.97%
5. Dividend
5.1 Amount
- No dividends for SHLE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:SHLE (1/21/2026, 7:00:00 PM)
16.82
+0.16 (+0.96%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-06 2025-11-06/amc
Earnings (Next)02-24 2026-02-24/amc
Inst Owners11.58%
Inst Owner ChangeN/A
Ins Owners2.05%
Ins Owner ChangeN/A
Market Cap221.86M
Revenue(TTM)680.75M
Net Income(TTM)23.73M
Analysts80
Price Target17.09 (1.61%)
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)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)-4.29%
EPS NQ rev (1m)-46.72%
EPS NQ rev (3m)41.3%
EPS NY rev (1m)-14.47%
EPS NY rev (3m)-34.58%
Revenue NQ rev (1m)7.73%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 4.89 | ||
| P/S | 0.33 | ||
| P/FCF | 3.27 | ||
| P/OCF | 1.69 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 4.28 |
EPS(TTM)0.89
EY5.29%
EPS(NY)3.44
Fwd EY20.44%
FCF(TTM)5.15
FCFY30.62%
OCF(TTM)9.92
OCFY59.01%
SpS51.61
BVpS15.95
TBVpS15.95
PEG (NY)0.06
PEG (5Y)N/A
Graham Number17.87
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.37 |
F-Score4
WACC7.94%
ROIC/WACC0.72
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)-50.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-176.67%
EPS Next Y312.71%
EPS Next 2Y129.96%
EPS Next 3Y86.97%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.39%
Revenue growth 3Y28.2%
Revenue growth 5Y15.14%
Sales Q2Q%-31.54%
Revenue Next Year4.76%
Revenue Next 2Y7.32%
Revenue Next 3Y6.59%
Revenue Next 5YN/A
EBIT growth 1Y-28.76%
EBIT growth 3Y160.34%
EBIT growth 5YN/A
EBIT Next Year76.46%
EBIT Next 3Y27.17%
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 FAQ
What is the ChartMill fundamental rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to SHLE.CA.
Can you provide the valuation status for SOURCE ENERGY SERVICES LTD?
ChartMill assigns a valuation rating of 7 / 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 312.71% 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%.