TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
TSX:TCW • CA8959451037
6.51 CAD
-0.09 (-1.36%)
Last: Feb 27, 2026, 07:00 PM
TCW gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on TCW. These ratings could make TCW a good candidate for value and 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.
- Each year in the past 5 years TCW has been profitable.
- TCW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 11.07%, TCW belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
- With an excellent Return On Equity value of 16.12%, 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 13.40%, TCW belongs to the top 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
- TCW has a Profit Margin of 10.23%. This is amongst the best in the industry. TCW outperforms 88.89% 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 14.31%, TCW is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- TCW's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 19.81%, TCW perfoms like the industry average, outperforming 40.74% of the companies in the same 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. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TCW is still 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 4.12 indicates that TCW is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.12, TCW belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
- 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.
- With an excellent Debt to FCF ratio value of 1.11, TCW belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
- A Debt/Equity ratio of 0.16 indicates that TCW is not too dependend on debt financing.
- TCW's Debt to Equity ratio of 0.16 is amongst the best of the industry. TCW outperforms 81.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 4.12 |
ROIC/WACC1.63
WACC8.21%
2.3 Liquidity
- A Current Ratio of 2.49 indicates that TCW has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 2.49, TCW belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
- A Quick Ratio of 2.22 indicates that TCW has no problem at all paying its short term obligations.
- The Quick ratio of TCW (2.22) is better than 81.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.90% over the past year.
- The Earnings Per Share has been growing by 20.68% 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 11.76% in the last year.
- TCW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.52% yearly.
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
- The Earnings Per Share is expected to grow by 5.44% on average over the next years.
- TCW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.71% yearly.
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
- 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
- With a Price/Earnings ratio of 11.22, the valuation of TCW can be described as very reasonable.
- 81.48% 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 27.07. TCW is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 9.40, which indicates a very decent valuation of TCW.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TCW indicates a somewhat cheap valuation: TCW is cheaper than 74.07% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, TCW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 9.4 |
4.2 Price Multiples
- TCW's Enterprise Value to EBITDA is on the same level as the industry average.
- TCW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.09 | ||
| EV/EBITDA | 6.02 |
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)0.58
PEG (5Y)N/A
EPS Next 2Y10.41%
EPS Next 3Y5.66%
5. Dividend
5.1 Amount
- TCW has a Yearly Dividend Yield of 3.33%.
- TCW's Dividend Yield is rather good when compared to the industry average which is at 1.01. 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
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
- 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%
TSX:TCW (2/27/2026, 7:00:00 PM)
6.51
-0.09 (-1.36%)
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 Owners25.49%
Inst Owner ChangeN/A
Ins Owners4.21%
Ins Owner ChangeN/A
Market Cap1.37B
Revenue(TTM)1.10B
Net Income(TTM)112.19M
Analysts74
Price Target7.35 (12.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
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 | 11.22 | ||
| Fwd PE | 9.4 | ||
| P/S | 1.25 | ||
| P/FCF | 13.09 | ||
| P/OCF | 8.18 | ||
| P/B | 1.97 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 6.02 |
EPS(TTM)0.58
EY8.91%
EPS(NY)0.69
Fwd EY10.64%
FCF(TTM)0.5
FCFY7.64%
OCF(TTM)0.8
OCFY12.23%
SpS5.21
BVpS3.31
TBVpS2.66
PEG (NY)0.58
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 | 4.12 |
F-Score6
WACC8.21%
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 8 / 10 to TCW.CA.
What is the valuation status for TCW stock?
ChartMill assigns a valuation rating of 7 / 10 to TRICAN WELL SERVICE LTD (TCW.CA). This can be considered as Undervalued.
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 11.22 and the Price/Book (PB) ratio is 1.97.
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%.