Logo image of TCW.CA

TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:TCW - CA8959451037 - Common Stock

6.73 CAD
0 (0%)
Last: 1/23/2026, 7:00:00 PM
Fundamental Rating

7

Overall TCW gets a fundamental rating of 7 out of 10. We evaluated TCW against 27 industry peers in the Energy Equipment & Services industry. TCW scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TCW is not valued too expensively and it also shows a decent growth rate. This makes TCW very considerable for quality investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year TCW was profitable.
  • In the past year TCW had a positive cash flow from operations.
  • 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.
TCW.CA Yearly Net Income VS EBIT VS OCF VS FCFTCW.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 200M -200M

1.2 Ratios

  • TCW has a Return On Assets of 10.34%. This is in the better half of the industry: TCW outperforms 77.78% of its industry peers.
  • TCW's Return On Equity of 15.70% is amongst the best of the industry. TCW outperforms 81.48% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 12.10%, TCW is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
  • TCW had an Average Return On Invested Capital over the past 3 years of 19.01%. This is significantly below the industry average of 169.81%.
  • The last Return On Invested Capital (12.10%) for TCW is well below the 3 year average (19.01%), which needs to be investigated, but indicates that TCW had better years and this may not be a problem.
Industry RankSector 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
TCW.CA Yearly ROA, ROE, ROICTCW.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

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.
  • TCW's Profit Margin has improved in the last couple of years.
  • 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 RankSector 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
TCW.CA Yearly Profit, Operating, Gross MarginsTCW.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

9

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TCW is creating value.
  • TCW has less shares outstanding than it did 1 year ago.
  • TCW has less shares outstanding than it did 5 years ago.
  • TCW has a worse debt/assets ratio than last year.
TCW.CA Yearly Shares OutstandingTCW.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
TCW.CA Yearly Total Debt VS Total AssetsTCW.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 3.82 indicates that TCW is not in any danger for bankruptcy at the moment.
  • TCW has a better Altman-Z score (3.82) than 85.19% of its industry peers.
  • TCW has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of 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.
  • The Debt to Equity ratio of TCW (0.23) is better than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.74
Altman-Z 3.82
ROIC/WACC1.51
WACC8.04%
TCW.CA Yearly LT Debt VS Equity VS FCFTCW.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • TCW has a Current Ratio of 2.87. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.87, TCW belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
  • 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.
  • TCW's Quick ratio of 2.65 is amongst the best of the industry. TCW outperforms 92.59% of its industry peers.
Industry RankSector Rank
Current Ratio 2.87
Quick Ratio 2.65
TCW.CA Yearly Current Assets VS Current LiabilitesTCW.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 250M

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 8.04% over the past year.
  • Measured over the past years, TCW shows a very strong growth in Earnings Per Share. The EPS has been growing by 96.68% on average per year.
  • TCW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.24%.
  • 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

  • Based on estimates for the next years, TCW will show a small growth in Earnings Per Share. The EPS will grow by 6.45% on average per year.
  • Based on estimates for the next years, TCW will show a small growth in Revenue. The Revenue will grow by 4.23% on average per year.
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

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TCW.CA Yearly Revenue VS EstimatesTCW.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M 800M 1B
TCW.CA Yearly EPS VS EstimatesTCW.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 -1 -2 -3

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 11.81, the valuation of TCW can be described as reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of TCW indicates a somewhat cheap valuation: TCW is cheaper than 74.07% of the companies listed in the same industry.
  • TCW is valuated cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 9.71 indicates a reasonable valuation of TCW.
  • 70.37% 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 25.98.
Industry RankSector Rank
PE 11.81
Fwd PE 9.71
TCW.CA Price Earnings VS Forward Price EarningsTCW.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • TCW's Enterprise Value to EBITDA ratio is in line with the industry average.
  • TCW's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 15
EV/EBITDA 6.95
TCW.CA Per share dataTCW.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • TCW's 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)1.13
PEG (5Y)N/A
EPS Next 2Y14.06%
EPS Next 3Y9.9%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.27%, TCW has a reasonable but not impressive dividend return.
  • TCW's Dividend Yield is rather good when compared to the industry average which is at 1.18. TCW pays more dividend than 92.59% of the companies in the same industry.
  • TCW's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 3.27%

5.2 History

  • The dividend of TCW decreases each year by -9.83%.
  • TCW has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of TCW decreased recently.
Dividend Growth(5Y)-9.83%
Div Incr Years1
Div Non Decr Years1
TCW.CA Yearly Dividends per shareTCW.CA Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 0.05 0.1 0.15 0.2

5.3 Sustainability

  • TCW pays out 35.68% of its income as dividend. This is a sustainable payout ratio.
DP35.68%
EPS Next 2Y14.06%
EPS Next 3Y9.9%
TCW.CA Yearly Income VS Free CF VS DividendTCW.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M
TCW.CA Dividend Payout.TCW.CA Dividend Payout, showing the Payout Ratio.TCW.CA Dividend Payout.PayoutRetained Earnings

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 6 / 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 11.81 and the Price/Book (PB) ratio is 2.07.


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%.