CES ENERGY SOLUTIONS CORP (CEU.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CEU - CA15713J1049 - Common Stock
12.75 CAD
-0.25 (-1.92%)
We assign a fundamental rating of 6 out of 10 to CEU. CEU was compared to 28 industry peers in the Energy Equipment & Services industry. CEU gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, CEU is valued expensive at the moment. These ratings would make CEU suitable for quality investing!
1. Profitability
1.1 Basic Checks
CEU had positive earnings in the past year.
CEU had a positive operating cash flow in the past year.
CEU had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CEU reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.98%, CEU belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 22.06%, CEU belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 16.80%, CEU belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CEU is significantly below the industry average of 163.31%.
The last Return On Invested Capital (16.80%) for CEU is above the 3 year average (15.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.98% | ||
| ROE | 22.06% | ||
| ROIC | 16.8% |
ROA(3y)10.13%
ROA(5y)1.8%
ROE(3y)20.87%
ROE(5y)4.79%
ROIC(3y)15.43%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 7.32%, CEU is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
In the last couple of years the Profit Margin of CEU has grown nicely.
CEU's Operating Margin of 10.95% is fine compared to the rest of the industry. CEU outperforms 71.43% of its industry peers.
CEU's Operating Margin has improved in the last couple of years.
CEU has a Gross Margin of 23.68%. This is in the better half of the industry: CEU outperforms 60.71% of its industry peers.
CEU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.95% | ||
| PM (TTM) | 7.32% | ||
| GM | 23.68% |
OM growth 3Y25.33%
OM growth 5Y14.6%
PM growth 3Y24.88%
PM growth 5Y28.07%
GM growth 3Y4.59%
GM growth 5Y2.9%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CEU is creating value.
CEU has less shares outstanding than it did 1 year ago.
CEU has less shares outstanding than it did 5 years ago.
CEU has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.65 indicates that CEU is not in any danger for bankruptcy at the moment.
CEU's Altman-Z score of 4.65 is amongst the best of the industry. CEU outperforms 89.29% of its industry peers.
CEU has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as CEU would need 3.64 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.64, CEU is doing good in the industry, outperforming 71.43% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that CEU is somewhat dependend on debt financing.
CEU has a Debt to Equity ratio of 0.57. This is in the lower half of the industry: CEU underperforms 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 4.65 |
ROIC/WACC2.12
WACC7.91%
2.3 Liquidity
A Current Ratio of 3.02 indicates that CEU has no problem at all paying its short term obligations.
CEU has a better Current ratio (3.02) than 92.86% of its industry peers.
CEU has a Quick Ratio of 1.74. This is a normal value and indicates that CEU is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.74, CEU is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
CEU shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.02%.
Measured over the past years, CEU shows a very strong growth in Earnings Per Share. The EPS has been growing by 49.08% on average per year.
The Revenue has been growing slightly by 5.79% in the past year.
The Revenue has been growing by 13.00% on average over the past years. This is quite good.
EPS 1Y (TTM)-6.02%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%-10%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
3.2 Future
CEU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.72% yearly.
The Revenue is expected to grow by 4.71% on average over the next years.
EPS Next Y3.49%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
EPS Next 5Y13.72%
Revenue Next Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y4.71%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
CEU is valuated correctly with a Price/Earnings ratio of 16.35.
The rest of the industry has a similar Price/Earnings ratio as CEU.
When comparing the Price/Earnings ratio of CEU to the average of the S&P500 Index (26.54), we can say CEU is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 12.92, the valuation of CEU can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CEU is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CEU to the average of the S&P500 Index (23.78), we can say CEU is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.35 | ||
| Fwd PE | 12.92 |
4.2 Price Multiples
82.14% of the companies in the same industry are cheaper than CEU, based on the Enterprise Value to EBITDA ratio.
CEU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.86 | ||
| EV/EBITDA | 8.8 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CEU has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.68
PEG (5Y)0.33
EPS Next 2Y10.38%
EPS Next 3Y11.71%
5. Dividend
5.1 Amount
CEU has a Yearly Dividend Yield of 1.31%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.49, CEU pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 1.96, CEU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
On average, the dividend of CEU grows each year by 14.06%, which is quite nice.
CEU has paid a dividend for at least 10 years, which is a reliable track record.
CEU has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)14.06%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
18.25% of the earnings are spent on dividend by CEU. This is a low number and sustainable payout ratio.
The dividend of CEU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP18.25%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
TSX:CEU (12/12/2025, 7:00:00 PM)
12.75
-0.25 (-1.92%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners40.81%
Inst Owner ChangeN/A
Ins Owners3.14%
Ins Owner ChangeN/A
Market Cap2.72B
Revenue(TTM)2.44B
Net Income(TTM)178.28M
Analysts80
Price Target12.81 (0.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend0.12
Dividend Growth(5Y)14.06%
DP18.25%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.19%
Min EPS beat(2)-16.13%
Max EPS beat(2)26.51%
EPS beat(4)1
Avg EPS beat(4)-2.99%
Min EPS beat(4)-16.13%
Max EPS beat(4)26.51%
EPS beat(8)5
Avg EPS beat(8)13.49%
EPS beat(12)8
Avg EPS beat(12)12.36%
EPS beat(16)11
Avg EPS beat(16)16.88%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.79%
Max Revenue beat(2)0.86%
Revenue beat(4)3
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-0.79%
Max Revenue beat(4)1.79%
Revenue beat(8)7
Avg Revenue beat(8)1.4%
Revenue beat(12)9
Avg Revenue beat(12)1.18%
Revenue beat(16)13
Avg Revenue beat(16)2.83%
PT rev (1m)11.98%
PT rev (3m)25.63%
EPS NQ rev (1m)-0.77%
EPS NQ rev (3m)-9.47%
EPS NY rev (1m)-3%
EPS NY rev (3m)-2.68%
Revenue NQ rev (1m)3.2%
Revenue NQ rev (3m)2.86%
Revenue NY rev (1m)1.22%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.35 | ||
| Fwd PE | 12.92 | ||
| P/S | 1.12 | ||
| P/FCF | 19.86 | ||
| P/OCF | 11.35 | ||
| P/B | 3.37 | ||
| P/tB | 3.88 | ||
| EV/EBITDA | 8.8 |
EPS(TTM)0.78
EY6.12%
EPS(NY)0.99
Fwd EY7.74%
FCF(TTM)0.64
FCFY5.03%
OCF(TTM)1.12
OCFY8.81%
SpS11.4
BVpS3.78
TBVpS3.28
PEG (NY)4.68
PEG (5Y)0.33
Graham Number8.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.98% | ||
| ROE | 22.06% | ||
| ROCE | 20.67% | ||
| ROIC | 16.8% | ||
| ROICexc | 16.8% | ||
| ROICexgc | 18.31% | ||
| OM | 10.95% | ||
| PM (TTM) | 7.32% | ||
| GM | 23.68% | ||
| FCFM | 5.63% |
ROA(3y)10.13%
ROA(5y)1.8%
ROE(3y)20.87%
ROE(5y)4.79%
ROIC(3y)15.43%
ROIC(5y)N/A
ROICexc(3y)15.43%
ROICexc(5y)N/A
ROICexgc(3y)16.67%
ROICexgc(5y)N/A
ROCE(3y)18.99%
ROCE(5y)N/A
ROICexgc growth 3Y41.3%
ROICexgc growth 5Y18.11%
ROICexc growth 3Y42.21%
ROICexc growth 5Y25.93%
OM growth 3Y25.33%
OM growth 5Y14.6%
PM growth 3Y24.88%
PM growth 5Y28.07%
GM growth 3Y4.59%
GM growth 5Y2.9%
F-Score5
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.64 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | 103.32% | ||
| Cap/Sales | 4.22% | ||
| Interest Coverage | 7.92 | ||
| Cash Conversion | 65.51% | ||
| Profit Quality | 76.9% | ||
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 4.65 |
F-Score5
WACC7.91%
ROIC/WACC2.12
Cap/Depr(3y)97.3%
Cap/Depr(5y)74.9%
Cap/Sales(3y)3.5%
Cap/Sales(5y)3.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.02%
EPS 3Y62.15%
EPS 5Y49.08%
EPS Q2Q%-10%
EPS Next Y3.49%
EPS Next 2Y10.38%
EPS Next 3Y11.71%
EPS Next 5Y13.72%
Revenue 1Y (TTM)5.79%
Revenue growth 3Y25.3%
Revenue growth 5Y13%
Sales Q2Q%2.75%
Revenue Next Year4.89%
Revenue Next 2Y5.7%
Revenue Next 3Y5.83%
Revenue Next 5Y4.71%
EBIT growth 1Y2.12%
EBIT growth 3Y57.05%
EBIT growth 5Y29.5%
EBIT Next Year31.67%
EBIT Next 3Y15.37%
EBIT Next 5Y11.84%
FCF growth 1Y-38.6%
FCF growth 3YN/A
FCF growth 5Y10.43%
OCF growth 1Y-20.35%
OCF growth 3YN/A
OCF growth 5Y10.22%
CES ENERGY SOLUTIONS CORP / CEU.CA FAQ
What is the fundamental rating for CEU stock?
ChartMill assigns a fundamental rating of 6 / 10 to CEU.CA.
Can you provide the valuation status for CES ENERGY SOLUTIONS CORP?
ChartMill assigns a valuation rating of 3 / 10 to CES ENERGY SOLUTIONS CORP (CEU.CA). This can be considered as Overvalued.
How profitable is CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
CES ENERGY SOLUTIONS CORP (CEU.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CEU stock?
The Price/Earnings (PE) ratio for CES ENERGY SOLUTIONS CORP (CEU.CA) is 16.35 and the Price/Book (PB) ratio is 3.37.
What is the expected EPS growth for CES ENERGY SOLUTIONS CORP (CEU.CA) stock?
The Earnings per Share (EPS) of CES ENERGY SOLUTIONS CORP (CEU.CA) is expected to grow by 3.49% in the next year.