TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TCW - CA8959451037 - Common Stock
6.78 CAD
+0.32 (+4.95%)
We assign a fundamental rating of 7 out of 10 to TCW. TCW was compared to 27 industry peers in the Energy Equipment & Services industry. Both the health and profitability get an excellent rating, making TCW a very profitable company, without any liquidiy or solvency issues. TCW has a decent growth rate and is not valued too expensively. These ratings could make TCW a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- In the past year TCW was profitable.
- TCW had a positive operating cash flow in the past year.
- TCW had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years TCW had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 10.34%, TCW is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- TCW's Return On Equity of 15.70% is amongst the best of the industry. TCW outperforms 81.48% of its industry peers.
- The Return On Invested Capital of TCW (12.10%) is better than 77.78% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TCW is significantly below the industry average of 177.00%.
- The 3 year average ROIC (19.01%) for TCW is well above the current ROIC(12.10%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.34% | ||
| ROE | 15.7% | ||
| ROIC | 12.1% |
ROA(3y)14.96%
ROA(5y)1.52%
ROE(3y)20.51%
ROE(5y)3.81%
ROIC(3y)19.01%
ROIC(5y)N/A
1.3 Margins
- TCW's Profit Margin of 10.28% is amongst the best of the industry. TCW outperforms 88.89% of its industry peers.
- In the last couple of years the Profit Margin of TCW has grown nicely.
- TCW has a better Operating Margin (14.14%) than 81.48% of its industry peers.
- With a Gross Margin value of 19.40%, TCW perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
- In the last couple of years the Gross Margin of TCW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.14% | ||
| PM (TTM) | 10.28% | ||
| GM | 19.4% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y53.97%
PM growth 5YN/A
GM growth 3Y49.98%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TCW is creating value.
- Compared to 1 year ago, TCW has less shares outstanding
- Compared to 5 years ago, TCW has less shares outstanding
- TCW has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.84 indicates that TCW is not in any danger for bankruptcy at the moment.
- TCW has a better Altman-Z score (3.84) than 85.19% of its industry peers.
- The Debt to FCF ratio of TCW is 1.74, which is an excellent value as it means it would take TCW, only 1.74 years of fcf income to pay off all of its debts.
- TCW has a Debt to FCF ratio of 1.74. This is amongst the best in the industry. TCW outperforms 85.19% of its industry peers.
- A Debt/Equity ratio of 0.23 indicates that TCW is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.23, TCW is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.84 |
ROIC/WACC1.51
WACC8.04%
2.3 Liquidity
- A Current Ratio of 2.87 indicates that TCW has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 2.87, TCW belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- A Quick Ratio of 2.65 indicates that TCW has no problem at all paying its short term obligations.
- TCW has a better Quick ratio (2.65) than 92.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.04% over the past year.
- TCW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 96.68% yearly.
- Looking at the last year, TCW shows a quite strong growth in Revenue. The Revenue has grown by 9.24% in the last year.
- TCW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.05% yearly.
EPS 1Y (TTM)8.04%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%25%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%35.65%
3.2 Future
- The Earnings Per Share is expected to grow by 6.45% on average over the next years.
- TCW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.23% yearly.
EPS Next Y7.71%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
EPS Next 5Y6.45%
Revenue Next Year17.72%
Revenue Next 2Y17.73%
Revenue Next 3Y12.2%
Revenue Next 5Y4.23%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 11.89, the valuation of TCW can be described as very reasonable.
- Based on the Price/Earnings ratio, TCW is valued a bit cheaper than 70.37% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. TCW is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 9.87, which indicates a very decent valuation of TCW.
- 66.67% of the companies in the same industry are more expensive than TCW, based on the Price/Forward Earnings ratio.
- TCW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 9.87 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TCW is on the same level as its industry peers.
- The rest of the industry has a similar Price/Free Cash Flow ratio as TCW.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.11 | ||
| EV/EBITDA | 6.99 |
4.3 Compensation for Growth
- TCW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of TCW may justify a higher PE ratio.
PEG (NY)1.54
PEG (5Y)N/A
EPS Next 2Y13.56%
EPS Next 3Y9.9%
5. Dividend
5.1 Amount
- TCW has a Yearly Dividend Yield of 3.46%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.20, TCW pays a better dividend. On top of this TCW pays more dividend than 92.59% of the companies listed in the same industry.
- TCW's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
5.2 History
- The dividend of TCW decreases each year by -9.83%.
- TCW has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of TCW decreased recently.
Dividend Growth(5Y)-9.83%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- TCW pays out 35.68% of its income as dividend. This is a sustainable payout ratio.
DP35.68%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
TSX:TCW (1/21/2026, 7:00:00 PM)
6.78
+0.32 (+4.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)02-18 2026-02-18/amc
Inst Owners25.49%
Inst Owner ChangeN/A
Ins Owners4.21%
Ins Owner ChangeN/A
Market Cap1.43B
Revenue(TTM)1.05B
Net Income(TTM)107.85M
Analysts74
Price Target6.76 (-0.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP35.68%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.24%
Min EPS beat(2)-7.18%
Max EPS beat(2)25.66%
EPS beat(4)3
Avg EPS beat(4)11.89%
Min EPS beat(4)-7.18%
Max EPS beat(4)25.66%
EPS beat(8)6
Avg EPS beat(8)8.77%
EPS beat(12)8
Avg EPS beat(12)23.15%
EPS beat(16)11
Avg EPS beat(16)31.35%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-1.52%
Max Revenue beat(2)2.87%
Revenue beat(4)2
Avg Revenue beat(4)3.17%
Min Revenue beat(4)-3.25%
Max Revenue beat(4)14.57%
Revenue beat(8)3
Avg Revenue beat(8)1.15%
Revenue beat(12)4
Avg Revenue beat(12)0.44%
Revenue beat(16)6
Avg Revenue beat(16)1.31%
PT rev (1m)0%
PT rev (3m)3.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.26%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-3.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.06%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)4.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 9.87 | ||
| P/S | 1.37 | ||
| P/FCF | 15.11 | ||
| P/OCF | 8.89 | ||
| P/B | 2.09 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 6.99 |
EPS(TTM)0.57
EY8.41%
EPS(NY)0.69
Fwd EY10.13%
FCF(TTM)0.45
FCFY6.62%
OCF(TTM)0.76
OCFY11.24%
SpS4.96
BVpS3.25
TBVpS2.59
PEG (NY)1.54
PEG (5Y)N/A
Graham Number6.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.34% | ||
| ROE | 15.7% | ||
| ROCE | 16% | ||
| ROIC | 12.1% | ||
| ROICexc | 12.22% | ||
| ROICexgc | 14.4% | ||
| OM | 14.14% | ||
| PM (TTM) | 10.28% | ||
| GM | 19.4% | ||
| FCFM | 9.04% |
ROA(3y)14.96%
ROA(5y)1.52%
ROE(3y)20.51%
ROE(5y)3.81%
ROIC(3y)19.01%
ROIC(5y)N/A
ROICexc(3y)19.58%
ROICexc(5y)N/A
ROICexgc(3y)19.61%
ROICexgc(5y)N/A
ROCE(3y)25.12%
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 3Y53.97%
PM growth 5YN/A
GM growth 3Y49.98%
GM growth 5YN/A
F-Score5
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 83.89% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 60.82 | ||
| Cash Conversion | 70.89% | ||
| Profit Quality | 87.92% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 | ||
| Altman-Z | 3.84 |
F-Score5
WACC8.04%
ROIC/WACC1.51
Cap/Depr(3y)109.56%
Cap/Depr(5y)80.31%
Cap/Sales(3y)9.25%
Cap/Sales(5y)8.11%
Profit Quality(3y)91.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.04%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y7.71%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
EPS Next 5Y6.45%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%35.65%
Revenue Next Year17.72%
Revenue Next 2Y17.73%
Revenue Next 3Y12.2%
Revenue Next 5Y4.23%
EBIT growth 1Y-1.9%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year68.23%
EBIT Next 3Y29.88%
EBIT Next 5Y14.89%
FCF growth 1Y-32.46%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y-31.31%
OCF growth 3Y27.85%
OCF growth 5Y40.19%
TRICAN WELL SERVICE LTD / TCW.CA FAQ
Can you provide the ChartMill fundamental rating for TRICAN WELL SERVICE LTD?
ChartMill assigns a fundamental rating of 7 / 10 to TCW.CA.
What is the valuation status for TCW stock?
ChartMill assigns a valuation rating of 5 / 10 to TRICAN WELL SERVICE LTD (TCW.CA). This can be considered as Fairly Valued.
How profitable is TRICAN WELL SERVICE LTD (TCW.CA) stock?
TRICAN WELL SERVICE LTD (TCW.CA) has a profitability rating of 7 / 10.
What is the valuation of TRICAN WELL SERVICE LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TRICAN WELL SERVICE LTD (TCW.CA) is 11.89 and the Price/Book (PB) ratio is 2.09.
Can you provide the dividend sustainability for TCW stock?
The dividend rating of TRICAN WELL SERVICE LTD (TCW.CA) is 5 / 10 and the dividend payout ratio is 35.68%.