TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
TSX:TCW - Toronto Stock Exchange - CA8959451037 - Common Stock - Currency: CAD
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. TCW gets an excellent profitability rating and is at the same time showing great financial health properties. TCW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
TCW had positive earnings in the past year.
TCW had a positive operating cash flow in the past year.
TCW had positive earnings in 4 of the past 5 years.
In the past 5 years TCW always reported a positive cash flow from operatings.
1.2 Ratios
TCW's Return On Assets of 16.03% is amongst the best of the industry. TCW outperforms 92.59% of its industry peers.
TCW's Return On Equity of 22.42% is amongst the best of the industry. TCW outperforms 81.48% of its industry peers.
The Return On Invested Capital of TCW (20.63%) is better than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TCW is significantly above the industry average of 9.28%.
The 3 year average ROIC (19.01%) for TCW is below the current ROIC(20.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.03% | ||
| ROE | 22.42% | ||
| ROIC | 20.63% |
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
Looking at the Profit Margin, with a value of 11.16%, TCW belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
TCW's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 15.22%, TCW belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
TCW has a Gross Margin of 19.37%. This is comparable to the rest of the industry: TCW outperforms 44.44% of its industry peers.
TCW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.22% | ||
| PM (TTM) | 11.16% | ||
| GM | 19.37% |
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
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.
Compared to 5 years ago, TCW has less shares outstanding
Compared to 1 year ago, TCW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.21 indicates that TCW is not in any danger for bankruptcy at the moment.
TCW has a Altman-Z score of 4.21. This is amongst the best in the industry. TCW outperforms 88.89% of its industry peers.
The Debt to FCF ratio of TCW is 0.25, which is an excellent value as it means it would take TCW, only 0.25 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.25, TCW belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that TCW is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.03, TCW belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.25 | ||
| Altman-Z | 4.21 |
ROIC/WACC2.67
WACC7.72%
2.3 Liquidity
TCW has a Current Ratio of 1.94. This is a normal value and indicates that TCW is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.94, TCW is doing good in the industry, outperforming 66.67% of the companies in the same industry.
TCW has a Quick Ratio of 1.79. This is a normal value and indicates that TCW is financially healthy and should not expect problems in meeting its short term obligations.
TCW has a better Quick ratio (1.79) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
TCW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.16%.
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 small growth in Revenue. The Revenue has grown by 0.85% 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)-3.16%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%1.86%
Revenue 1Y (TTM)0.85%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%8.08%
3.2 Future
Based on estimates for the next years, TCW will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.26% on average per year.
The Revenue is expected to decrease by -1.06% on average over the next years.
EPS Next Y2.4%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
EPS Next 5Y9.26%
Revenue Next Year5.23%
Revenue Next 2Y4.33%
Revenue Next 3Y1.63%
Revenue Next 5Y-1.06%
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
The Price/Earnings ratio is 7.75, which indicates a rather cheap valuation of TCW.
Compared to the rest of the industry, the Price/Earnings ratio of TCW indicates a somewhat cheap valuation: TCW is cheaper than 62.96% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.87, TCW is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.54, the valuation of TCW can be described as very cheap.
62.96% of the companies in the same industry are more expensive than TCW, based on the Price/Forward Earnings ratio.
TCW is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 7.54 |
4.2 Price Multiples
TCW's Enterprise Value to EBITDA 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/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.65 | ||
| EV/EBITDA | 3.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TCW has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.23
PEG (5Y)N/A
EPS Next 2Y8.58%
EPS Next 3Y8.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.89%, TCW is a good candidate for dividend investing.
TCW's Dividend Yield is rather good when compared to the industry average which is at 18.36. 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 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
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
32.50% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP32.5%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
TSX:TCW (4/28/2025, 7:00:00 PM)
4.11
-0.02 (-0.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners29.67%
Inst Owner ChangeN/A
Ins Owners0.77%
Ins Owner ChangeN/A
Market Cap770.13M
Analysts73.33
Price Target5.71 (38.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP32.5%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.26%
Min EPS beat(2)-0.99%
Max EPS beat(2)25.5%
EPS beat(4)3
Avg EPS beat(4)11.55%
Min EPS beat(4)-0.99%
Max EPS beat(4)25.5%
EPS beat(8)6
Avg EPS beat(8)33.3%
EPS beat(12)8
Avg EPS beat(12)34.54%
EPS beat(16)12
Avg EPS beat(16)194.38%
Revenue beat(2)1
Avg Revenue beat(2)6.55%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)14.57%
Revenue beat(4)1
Avg Revenue beat(4)1.94%
Min Revenue beat(4)-4.35%
Max Revenue beat(4)14.57%
Revenue beat(8)3
Avg Revenue beat(8)1.26%
Revenue beat(12)5
Avg Revenue beat(12)2.13%
Revenue beat(16)7
Avg Revenue beat(16)2.6%
PT rev (1m)-4.79%
PT rev (3m)-2.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.43%
EPS NY rev (1m)0%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-15.34%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)1.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 7.54 | ||
| P/S | 0.79 | ||
| P/FCF | 9.65 | ||
| P/OCF | 4.97 | ||
| P/B | 1.58 | ||
| P/tB | 1.58 | ||
| EV/EBITDA | 3.37 |
EPS(TTM)0.53
EY12.9%
EPS(NY)0.55
Fwd EY13.27%
FCF(TTM)0.43
FCFY10.36%
OCF(TTM)0.83
OCFY20.11%
SpS5.23
BVpS2.61
TBVpS2.61
PEG (NY)3.23
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.03% | ||
| ROE | 22.42% | ||
| ROCE | 27.26% | ||
| ROIC | 20.63% | ||
| ROICexc | 21.67% | ||
| ROICexgc | 21.67% | ||
| OM | 15.22% | ||
| PM (TTM) | 11.16% | ||
| GM | 19.37% | ||
| FCFM | 8.13% |
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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.25 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 96.81% | ||
| Cap/Sales | 7.65% | ||
| Interest Coverage | 65.15 | ||
| Cash Conversion | 68.27% | ||
| Profit Quality | 72.87% | ||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 4.21 |
F-Score5
WACC7.72%
ROIC/WACC2.67
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)-3.16%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%1.86%
EPS Next Y2.4%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
EPS Next 5Y9.26%
Revenue 1Y (TTM)0.85%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%8.08%
Revenue Next Year5.23%
Revenue Next 2Y4.33%
Revenue Next 3Y1.63%
Revenue Next 5Y-1.06%
EBIT growth 1Y-8.28%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year56.21%
EBIT Next 3Y19.08%
EBIT Next 5Y6.65%
FCF growth 1Y-52.84%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y-37.68%
OCF growth 3Y27.85%
OCF growth 5Y40.19%