TRICAN WELL SERVICE LTD (TCW.CA) Fundamental Analysis & Valuation
TSX:TCW • CA8959451037
6.85 CAD
+0.02 (+0.29%)
Last: Mar 6, 2026, 07:00 PM
This TCW.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
TCW gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 27 industry peers in the Energy Equipment & Services industry. TCW has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TCW has a correct valuation and a medium growth rate. With these ratings, TCW could be worth investigating further for quality investing!.
1. TCW.CA Profitability Analysis
1.1 Basic Checks
- In the past year TCW was profitable.
- TCW had a positive operating cash flow in the past year.
- In the past 5 years TCW has always been profitable.
- In the past 5 years TCW always reported a positive cash flow from operatings.
1.2 Ratios
- TCW has a better Return On Assets (11.07%) than 85.19% of its industry peers.
- Looking at the Return On Equity, with a value of 16.12%, TCW belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 13.40%, TCW belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.07% | ||
| ROE | 16.12% | ||
| ROIC | 13.4% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 10.23%, TCW belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- TCW's Profit Margin has improved in the last couple of years.
- TCW has a Operating Margin of 14.31%. This is in the better half of the industry: TCW outperforms 77.78% of its industry peers.
- In the last couple of years the Operating Margin of TCW has grown nicely.
- The Gross Margin of TCW (19.81%) is comparable to the rest of the industry.
- TCW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.31% | ||
| PM (TTM) | 10.23% | ||
| GM | 19.81% |
OM growth 3Y2.02%
OM growth 5YN/A
PM growth 3Y3.83%
PM growth 5YN/A
GM growth 3Y4.51%
GM growth 5YN/A
2. TCW.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TCW is creating some value.
- There is no outstanding debt for TCW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 4.25 indicates that TCW is not in any danger for bankruptcy at the moment.
- The Altman-Z score of TCW (4.25) is better than 85.19% of its industry peers.
- The Debt to FCF ratio of TCW is 1.11, which is an excellent value as it means it would take TCW, only 1.11 years of fcf income to pay off all of its debts.
- TCW has a Debt to FCF ratio of 1.11. This is amongst the best in the industry. TCW outperforms 88.89% of its industry peers.
- A Debt/Equity ratio of 0.16 indicates that TCW is not too dependend on debt financing.
- The Debt to Equity ratio of TCW (0.16) is better than 81.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 4.25 |
ROIC/WACC1.63
WACC8.2%
2.3 Liquidity
- A Current Ratio of 2.49 indicates that TCW has no problem at all paying its short term obligations.
- The Current ratio of TCW (2.49) is better than 81.48% of its industry peers.
- TCW has a Quick Ratio of 2.22. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 2.22, TCW belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 2.22 |
3. TCW.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 8.90% over the past year.
- TCW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.68% yearly.
- TCW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.76%.
- The Revenue has been growing by 22.52% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)8.9%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%5.19%
Revenue 1Y (TTM)11.76%
Revenue growth 3Y8.16%
Revenue growth 5Y22.52%
Sales Q2Q%17.14%
3.2 Future
- TCW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.44% yearly.
- Based on estimates for the next years, TCW will show a small growth in Revenue. The Revenue will grow by 0.71% on average per year.
EPS Next Y19.46%
EPS Next 2Y10.41%
EPS Next 3Y5.66%
EPS Next 5Y5.44%
Revenue Next Year17.83%
Revenue Next 2Y10.15%
Revenue Next 3Y2.02%
Revenue Next 5Y0.71%
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. TCW.CA Valuation Analysis
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 77.78% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.29, TCW is valued rather cheaply.
- A Price/Forward Earnings ratio of 9.89 indicates a reasonable valuation of TCW.
- TCW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TCW is cheaper than 74.07% of the companies in the same industry.
- TCW is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
- TCW's Enterprise Value to EBITDA ratio is in line with the industry average.
- TCW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.77 | ||
| EV/EBITDA | 6.29 |
4.3 Compensation for Growth
- TCW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- TCW has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.61
PEG (5Y)N/A
EPS Next 2Y10.41%
EPS Next 3Y5.66%
5. TCW.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.22%, TCW has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.01, 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
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.
- TCW has decreased its dividend recently.
Dividend Growth(5Y)-9.83%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 37.07% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP37.07%
EPS Next 2Y10.41%
EPS Next 3Y5.66%
TCW.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:TCW (3/6/2026, 7:00:00 PM)
6.85
+0.02 (+0.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)05-11 2026-05-11
Inst Owners24.53%
Inst Owner ChangeN/A
Ins Owners4.23%
Ins Owner ChangeN/A
Market Cap1.44B
Revenue(TTM)1.10B
Net Income(TTM)112.19M
Analysts72
Price Target7.35 (7.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP37.07%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-13 2026-03-13 (0.055)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.58%
Min EPS beat(2)-9.99%
Max EPS beat(2)-7.18%
EPS beat(4)2
Avg EPS beat(4)3.02%
Min EPS beat(4)-9.99%
Max EPS beat(4)25.66%
EPS beat(8)5
Avg EPS beat(8)7.28%
EPS beat(12)8
Avg EPS beat(12)23.21%
EPS beat(16)10
Avg EPS beat(16)26.66%
Revenue beat(2)0
Avg Revenue beat(2)-4.06%
Min Revenue beat(2)-6.6%
Max Revenue beat(2)-1.52%
Revenue beat(4)1
Avg Revenue beat(4)-2.13%
Min Revenue beat(4)-6.6%
Max Revenue beat(4)2.87%
Revenue beat(8)2
Avg Revenue beat(8)-0.09%
Revenue beat(12)4
Avg Revenue beat(12)0.13%
Revenue beat(16)6
Avg Revenue beat(16)1.07%
PT rev (1m)8.8%
PT rev (3m)10.19%
EPS NQ rev (1m)-5.13%
EPS NQ rev (3m)-4.31%
EPS NY rev (1m)0%
EPS NY rev (3m)0.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)21.95%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 9.89 | ||
| P/S | 1.32 | ||
| P/FCF | 13.77 | ||
| P/OCF | 8.6 | ||
| P/B | 2.07 | ||
| P/tB | 2.57 | ||
| EV/EBITDA | 6.29 |
EPS(TTM)0.58
EY8.47%
EPS(NY)0.69
Fwd EY10.11%
FCF(TTM)0.5
FCFY7.26%
OCF(TTM)0.8
OCFY11.62%
SpS5.21
BVpS3.31
TBVpS2.66
PEG (NY)0.61
PEG (5Y)N/A
Graham Number6.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.07% | ||
| ROE | 16.12% | ||
| ROCE | 17.74% | ||
| ROIC | 13.4% | ||
| ROICexc | 13.59% | ||
| ROICexgc | 16.08% | ||
| OM | 14.31% | ||
| PM (TTM) | 10.23% | ||
| GM | 19.81% | ||
| FCFM | 9.55% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y2.02%
OM growth 5YN/A
PM growth 3Y3.83%
PM growth 5YN/A
GM growth 3Y4.51%
GM growth 5YN/A
F-Score6
Asset Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.11 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 71.42% | ||
| Cap/Sales | 5.74% | ||
| Interest Coverage | 37.36 | ||
| Cash Conversion | 68.41% | ||
| Profit Quality | 93.31% | ||
| Current Ratio | 2.49 | ||
| Quick Ratio | 2.22 | ||
| Altman-Z | 4.25 |
F-Score6
WACC8.2%
ROIC/WACC1.63
Cap/Depr(3y)90.31%
Cap/Depr(5y)92.3%
Cap/Sales(3y)7.18%
Cap/Sales(5y)8.62%
Profit Quality(3y)101.99%
Profit Quality(5y)96.96%
High Growth Momentum
Growth
EPS 1Y (TTM)8.9%
EPS 3Y20.68%
EPS 5YN/A
EPS Q2Q%5.19%
EPS Next Y19.46%
EPS Next 2Y10.41%
EPS Next 3Y5.66%
EPS Next 5Y5.44%
Revenue 1Y (TTM)11.76%
Revenue growth 3Y8.16%
Revenue growth 5Y22.52%
Sales Q2Q%17.14%
Revenue Next Year17.83%
Revenue Next 2Y10.15%
Revenue Next 3Y2.02%
Revenue Next 5Y0.71%
EBIT growth 1Y5.13%
EBIT growth 3Y10.34%
EBIT growth 5YN/A
EBIT Next Year98.87%
EBIT Next 3Y24.16%
EBIT Next 5Y17.21%
FCF growth 1Y31.23%
FCF growth 3Y29.15%
FCF growth 5Y12.54%
OCF growth 1Y8.23%
OCF growth 3Y3.26%
OCF growth 5Y18.81%
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 8 / 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 37.07%.