TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:TCW • CA8959451037
6.99 CAD
-0.05 (-0.71%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, TCW scores 7 out of 10 in our fundamental rating. 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 would make TCW suitable 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 Operating Margin of 14.14%. This is amongst the best in the industry. TCW outperforms 81.48% of its industry peers.
- TCW has a Gross Margin (19.40%) which is in line with its industry peers.
- TCW's Gross Margin has improved in the last couple of years.
| 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
- The number of shares outstanding for TCW has been reduced compared to 5 years ago.
- The debt/assets ratio for TCW is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.92 indicates that TCW is not in any danger for bankruptcy at the moment.
- TCW has a better Altman-Z score (3.92) 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.
- With an excellent Debt to FCF ratio value of 1.74, TCW belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
- TCW has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.23, TCW is doing good in 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 | 3.92 |
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.
- TCW has a Current ratio of 2.87. This is amongst the best in the industry. TCW outperforms 88.89% of its industry peers.
- TCW has a Quick Ratio of 2.65. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 2.65, TCW belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 |
3. Growth
3.1 Past
- TCW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.04%, which is quite good.
- The Earnings Per Share has been growing by 96.68% on average over the past years. This is a very strong growth
- Looking at the last year, TCW shows a quite strong growth in Revenue. The Revenue has grown by 9.24% in the last year.
- Measured over the past years, TCW shows a quite strong growth in Revenue. The Revenue has been growing by 9.05% on average per year.
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
- TCW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.45% yearly.
- The Revenue is expected to grow by 4.23% on average over the next years.
EPS Next Y10.46%
EPS Next 2Y14.06%
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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
- The Price/Earnings ratio is 12.26, which indicates a correct valuation of TCW.
- Based on the Price/Earnings ratio, TCW is valued a bit cheaper than 70.37% of the companies in the same industry.
- TCW is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 10.09, the valuation of TCW can be described as very reasonable.
- TCW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TCW is cheaper than 66.67% of the companies in the same industry.
- TCW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.09 |
4.2 Price Multiples
- 62.96% of the companies in the same industry are cheaper than TCW, based on the Enterprise Value to EBITDA ratio.
- TCW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.58 | ||
| EV/EBITDA | 7.19 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- TCW has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.17
PEG (5Y)N/A
EPS Next 2Y14.06%
EPS Next 3Y9.9%
5. Dividend
5.1 Amount
- TCW has a Yearly Dividend Yield of 3.13%.
- Compared to an average industry Dividend Yield of 1.16, TCW pays a better dividend. On top of this TCW pays more dividend than 92.59% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, TCW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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
- 35.68% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP35.68%
EPS Next 2Y14.06%
EPS Next 3Y9.9%
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 12.26 and the Price/Book (PB) ratio is 2.15.
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%.