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
Overall TCW gets a fundamental rating of 7 out of 10. We evaluated TCW against 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. With these ratings, TCW could be worth investigating further for quality investing!.
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.
1.2 Ratios
- TCW's Return On Assets of 10.34% is fine compared to the rest of the industry. TCW outperforms 77.78% of its industry peers.
- With an excellent Return On Equity value of 15.70%, TCW belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
- 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.
- The Average Return On Invested Capital over the past 3 years for TCW is significantly below the industry average of 169.81%.
- 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 has a better Profit Margin (10.28%) than 88.89% of its industry peers.
- In the last couple of years the Profit Margin of TCW has grown nicely.
- The Operating Margin of TCW (14.14%) is better than 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.
- The number of shares outstanding for TCW has been reduced compared to 1 year ago.
- 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.
- 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.
- 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 62.96% 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
- 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.
- 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 Quick ratio of 2.65. This is amongst the best in the industry. TCW outperforms 92.59% of its industry peers.
| 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
- The Earnings Per Share is expected to grow by 6.45% on average over the next years.
- 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.
- 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
- Based on the Price/Earnings ratio of 12.26, the valuation of TCW can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of TCW indicates a somewhat cheap valuation: TCW is cheaper than 66.67% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.32. TCW is valued rather cheaply when compared to this.
- TCW is valuated reasonably with a Price/Forward Earnings ratio of 10.09.
- Based on the Price/Forward Earnings ratio, TCW is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, TCW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.26 | ||
| Fwd PE | 10.09 |
4.2 Price Multiples
- TCW's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. TCW is more expensive than 66.67% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as TCW.
| 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.
- The decent profitability rating of TCW 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%. Purely for dividend investing, there may be better candidates out there.
- 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%.