TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
TSX:TCW - Toronto Stock Exchange - CA8959451037 - Common Stock - Currency: CAD
Overall TCW gets a fundamental rating of 6 out of 10. We evaluated TCW against 28 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TCW was profitable.
TCW had a positive operating cash flow in the past year.
TCW had positive earnings in 4 of the past 5 years.
TCW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TCW has a better Return On Assets (16.03%) than 89.29% of its industry peers.
Looking at the Return On Equity, with a value of 22.42%, TCW belongs to the top of the industry, outperforming 82.14% of the companies in the same industry.
With an excellent Return On Invested Capital value of 20.63%, TCW belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.03% | ||
| ROE | 22.42% | ||
| ROIC | 20.63% |
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
TCW's Profit Margin of 11.16% is amongst the best of the industry. TCW outperforms 82.14% of its industry peers.
In the last couple of years the Profit Margin of TCW has grown nicely.
Looking at the Operating Margin, with a value of 15.22%, TCW belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
TCW has a worse Gross Margin (19.37%) than 64.29% of its industry peers.
In the last couple of years the Gross Margin of TCW has grown nicely.
| 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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.47 indicates that TCW is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.47, TCW belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
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.
The Debt to FCF ratio of TCW (0.25) is better than 92.86% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that TCW is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, TCW belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.25 | ||
| Altman-Z | 4.47 |
ROIC/WACC2.59
WACC7.95%
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.
Looking at the Current ratio, with a value of 1.94, TCW is in the better half of the industry, outperforming 60.71% 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.
With a decent Quick ratio value of 1.79, TCW is doing good in the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
The earnings per share for TCW have decreased by -0.44% in the last year.
TCW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 120.89% yearly.
The Revenue has been growing slightly by 0.85% in the past year.
The Revenue has been growing by 9.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.44%
EPS 3Y120.89%
EPS 5YN/A
EPS Q2Q%6.74%
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 small growth in Earnings Per Share. The EPS will grow by 0.93% on average per year.
Based on estimates for the next years, TCW will show a decrease in Revenue. The Revenue will decrease by -0.74% on average per year.
EPS Next Y5.55%
EPS Next 2Y12.2%
EPS Next 3Y-0.1%
EPS Next 5Y0.93%
Revenue Next Year2.56%
Revenue Next 2Y4.18%
Revenue Next 3Y-9.42%
Revenue Next 5Y-0.74%
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
With a Price/Earnings ratio of 8.37, the valuation of TCW can be described as very reasonable.
75.00% of the companies in the same industry are more expensive than TCW, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.75, TCW is valued rather cheaply.
TCW is valuated reasonably with a Price/Forward Earnings ratio of 8.31.
60.71% of the companies in the same industry are more expensive than TCW, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.44, TCW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 8.31 |
4.2 Price Multiples
67.86% of the companies in the same industry are more expensive than TCW, based on the Enterprise Value to EBITDA ratio.
TCW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.7 | ||
| EV/EBITDA | 3.74 |
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)1.51
PEG (5Y)N/A
EPS Next 2Y12.2%
EPS Next 3Y-0.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.42%, TCW is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 13.63, TCW pays a better dividend. On top of this TCW pays more dividend than 92.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, TCW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
5.2 History
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)N/A
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 2Y12.2%
EPS Next 3Y-0.1%
TSX:TCW (3/3/2025, 7:00:00 PM)
4.52
-0.02 (-0.44%)
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 Cap853.92M
Analysts73.33
Price Target5.93 (31.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP32.5%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)6.29%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)14.04%
Revenue beat(4)1
Avg Revenue beat(4)1.81%
Min Revenue beat(4)-4.35%
Max Revenue beat(4)14.04%
Revenue beat(8)3
Avg Revenue beat(8)1.19%
Revenue beat(12)5
Avg Revenue beat(12)2.09%
Revenue beat(16)7
Avg Revenue beat(16)2.57%
PT rev (1m)-0.54%
PT rev (3m)2.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.68%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 8.31 | ||
| P/S | 0.87 | ||
| P/FCF | 10.7 | ||
| P/OCF | 5.51 | ||
| P/B | 1.75 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 3.74 |
EPS(TTM)0.54
EY11.95%
EPS(NY)0.54
Fwd EY12.03%
FCF(TTM)0.42
FCFY9.34%
OCF(TTM)0.82
OCFY18.13%
SpS5.19
BVpS2.59
TBVpS2.59
PEG (NY)1.51
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)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
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 | 4.47 |
F-Score5
WACC7.95%
ROIC/WACC2.59
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)-0.44%
EPS 3Y120.89%
EPS 5YN/A
EPS Q2Q%6.74%
EPS Next Y5.55%
EPS Next 2Y12.2%
EPS Next 3Y-0.1%
EPS Next 5Y0.93%
Revenue 1Y (TTM)0.85%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%8.08%
Revenue Next Year2.56%
Revenue Next 2Y4.18%
Revenue Next 3Y-9.42%
Revenue Next 5Y-0.74%
EBIT growth 1Y-8.28%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year64.76%
EBIT Next 3Y11.57%
EBIT Next 5Y9.53%
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%