TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TCW - CA8959451037 - Common Stock
6.35 CAD
+0.29 (+4.79%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TCW has a correct valuation and a medium growth rate. 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.
- TCW had a positive operating cash flow in the past year.
- Of the past 5 years TCW 4 years were profitable.
- In the past 5 years TCW always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 10.34%, TCW is doing good in 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.
- With a decent Return On Invested Capital value of 12.10%, TCW is doing good in 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 177.00%.
- 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 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 Profit Margin of 10.28%. This is amongst the best in the industry. TCW outperforms 88.89% of its industry peers.
- TCW's Profit Margin has improved in the last couple of years.
- 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.
- In the last couple of years the Gross Margin of TCW has grown nicely.
| 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
- 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.
- 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
- TCW has an Altman-Z score of 3.62. This indicates that TCW is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of TCW (3.62) is better 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.
- The Debt to FCF ratio of TCW (1.74) is better than 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.62 |
ROIC/WACC1.55
WACC7.83%
2.3 Liquidity
- A Current Ratio of 2.87 indicates that TCW has no problem at all paying 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.
- 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 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.
- 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
- The Earnings Per Share is expected to grow by 6.45% on average over the next years.
- The Revenue is expected to grow by 4.23% on average over the next years.
EPS Next Y7.71%
EPS Next 2Y13.56%
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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.14, the valuation of TCW can be described as reasonable.
- 70.37% of the companies in the same industry are more expensive than TCW, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.33. TCW is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 9.25, the valuation of TCW can be described as reasonable.
- Based on the Price/Forward Earnings ratio, TCW is valued a bit cheaper than 66.67% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, TCW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 9.25 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as TCW.
- TCW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.16 | ||
| EV/EBITDA | 6.42 |
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)1.44
PEG (5Y)N/A
EPS Next 2Y13.56%
EPS Next 3Y9.9%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.73%, TCW has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.28, 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 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
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
- 35.68% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP35.68%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
TSX:TCW (1/14/2026, 7:00:00 PM)
6.35
+0.29 (+4.79%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)02-18 2026-02-18/amc
Inst Owners25.49%
Inst Owner ChangeN/A
Ins Owners4.21%
Ins Owner ChangeN/A
Market Cap1.34B
Revenue(TTM)1.05B
Net Income(TTM)107.85M
Analysts74
Price Target6.76 (6.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP35.68%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.24%
Min EPS beat(2)-7.18%
Max EPS beat(2)25.66%
EPS beat(4)3
Avg EPS beat(4)11.89%
Min EPS beat(4)-7.18%
Max EPS beat(4)25.66%
EPS beat(8)6
Avg EPS beat(8)8.77%
EPS beat(12)8
Avg EPS beat(12)23.15%
EPS beat(16)11
Avg EPS beat(16)31.35%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-1.52%
Max Revenue beat(2)2.87%
Revenue beat(4)2
Avg Revenue beat(4)3.17%
Min Revenue beat(4)-3.25%
Max Revenue beat(4)14.57%
Revenue beat(8)3
Avg Revenue beat(8)1.15%
Revenue beat(12)4
Avg Revenue beat(12)0.44%
Revenue beat(16)6
Avg Revenue beat(16)1.31%
PT rev (1m)0%
PT rev (3m)3.25%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)5.26%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-3.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.06%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)4.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 9.25 | ||
| P/S | 1.28 | ||
| P/FCF | 14.16 | ||
| P/OCF | 8.33 | ||
| P/B | 1.95 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 6.42 |
EPS(TTM)0.57
EY8.98%
EPS(NY)0.69
Fwd EY10.82%
FCF(TTM)0.45
FCFY7.06%
OCF(TTM)0.76
OCFY12.01%
SpS4.96
BVpS3.25
TBVpS2.59
PEG (NY)1.44
PEG (5Y)N/A
Graham Number6.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.34% | ||
| ROE | 15.7% | ||
| ROCE | 16% | ||
| ROIC | 12.1% | ||
| ROICexc | 12.22% | ||
| ROICexgc | 14.4% | ||
| OM | 14.14% | ||
| PM (TTM) | 10.28% | ||
| GM | 19.4% | ||
| FCFM | 9.04% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 83.89% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 60.82 | ||
| Cash Conversion | 70.89% | ||
| Profit Quality | 87.92% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 | ||
| Altman-Z | 3.62 |
F-Score5
WACC7.83%
ROIC/WACC1.55
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)8.04%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y7.71%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
EPS Next 5Y6.45%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%35.65%
Revenue Next Year17.72%
Revenue Next 2Y17.73%
Revenue Next 3Y12.2%
Revenue Next 5Y4.23%
EBIT growth 1Y-1.9%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year68.23%
EBIT Next 3Y29.88%
EBIT Next 5Y14.89%
FCF growth 1Y-32.46%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y-31.31%
OCF growth 3Y27.85%
OCF growth 5Y40.19%
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 11.14 and the Price/Book (PB) ratio is 1.95.
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%.