CALFRAC WELL SERVICES LTD (CFW.CA) Stock Fundamental Analysis
TSX:CFW - Toronto Stock Exchange - CA1295844056 - Common Stock - Currency: CAD
We assign a fundamental rating of 3 out of 10 to CFW. CFW was compared to 26 industry peers in the Energy Equipment & Services industry. CFW has a bad profitability rating. Also its financial health evaluation is rather negative. CFW is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CFW had positive earnings in the past year.
In the past year CFW had a positive cash flow from operations.
In multiple years CFW reported negative net income over the last 5 years.
CFW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.45%, CFW is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
The Return On Equity of CFW (2.75%) is worse than 69.23% of its industry peers.
With a decent Return On Invested Capital value of 7.70%, CFW is doing good in the industry, outperforming 61.54% of the companies in the same industry.
CFW had an Average Return On Invested Capital over the past 3 years of 9.50%. This is in line with the industry average of 10.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.75% | ||
| ROIC | 7.7% |
ROA(3y)6.32%
ROA(5y)-5.17%
ROE(3y)11.77%
ROE(5y)-13.78%
ROIC(3y)9.5%
ROIC(5y)N/A
1.3 Margins
CFW's Profit Margin of 1.13% is on the low side compared to the rest of the industry. CFW is outperformed by 73.08% of its industry peers.
With a Operating Margin value of 4.58%, CFW is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
CFW's Gross Margin of 8.47% is on the low side compared to the rest of the industry. CFW is outperformed by 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.58% | ||
| PM (TTM) | 1.13% | ||
| GM | 8.47% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CFW is creating some value.
CFW has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CFW has been increased compared to 5 years ago.
The debt/assets ratio for CFW is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.31, we must say that CFW is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CFW (1.31) is worse than 69.23% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that CFW is not too dependend on debt financing.
CFW has a better Debt to Equity ratio (0.02) than 96.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.31 |
ROIC/WACC0.99
WACC7.77%
2.3 Liquidity
A Current Ratio of 0.92 indicates that CFW may have some problems paying its short term obligations.
With a Current ratio value of 0.92, CFW is not doing good in the industry: 80.77% of the companies in the same industry are doing better.
A Quick Ratio of 0.69 indicates that CFW may have some problems paying its short term obligations.
CFW's Quick ratio of 0.69 is on the low side compared to the rest of the industry. CFW is outperformed by 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for CFW have decreased strongly by -87.89% in the last year.
The Revenue has decreased by -5.51% in the past year.
CFW shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.67% yearly.
EPS 1Y (TTM)-87.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%12.11%
3.2 Future
CFW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 85.93% yearly.
Based on estimates for the next years, CFW will show a small growth in Revenue. The Revenue will grow by 1.51% on average per year.
EPS Next Y235.14%
EPS Next 2Y120.6%
EPS Next 3Y85.93%
EPS Next 5YN/A
Revenue Next Year-2.71%
Revenue Next 2Y-1.68%
Revenue Next 3Y1.51%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CFW is valuated correctly with a Price/Earnings ratio of 14.61.
Based on the Price/Earnings ratio, CFW is valued a bit more expensive than 69.23% of the companies in the same industry.
When comparing the Price/Earnings ratio of CFW to the average of the S&P500 Index (26.69), we can say CFW is valued slightly cheaper.
With a Price/Forward Earnings ratio of 6.28, the valuation of CFW can be described as very cheap.
Based on the Price/Forward Earnings ratio, CFW is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
CFW is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.61 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CFW is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.99 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CFW's earnings are expected to grow with 85.93% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y120.6%
EPS Next 3Y85.93%
5. Dividend
5.1 Amount
CFW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:CFW (6/25/2025, 7:00:00 PM)
3.36
-0.04 (-1.18%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners14.27%
Inst Owner ChangeN/A
Ins Owners16.97%
Ins Owner ChangeN/A
Market Cap288.59M
Analysts77.14
Price Target4.08 (21.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)25.74%
Min EPS beat(2)-246.53%
Max EPS beat(2)298.02%
EPS beat(4)2
Avg EPS beat(4)3.99%
Min EPS beat(4)-246.53%
Max EPS beat(4)298.02%
EPS beat(8)5
Avg EPS beat(8)48.57%
EPS beat(12)7
Avg EPS beat(12)32.46%
EPS beat(16)8
Avg EPS beat(16)17.62%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-3.31%
Max Revenue beat(2)4.68%
Revenue beat(4)3
Avg Revenue beat(4)5.45%
Min Revenue beat(4)-3.31%
Max Revenue beat(4)14.13%
Revenue beat(8)6
Avg Revenue beat(8)3.64%
Revenue beat(12)9
Avg Revenue beat(12)2.89%
Revenue beat(16)10
Avg Revenue beat(16)1.74%
PT rev (1m)-14.29%
PT rev (3m)-22.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)32.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.61 | ||
| Fwd PE | 6.28 | ||
| P/S | 0.18 | ||
| P/FCF | N/A | ||
| P/OCF | 2.28 | ||
| P/B | 0.44 | ||
| P/tB | 0.44 | ||
| EV/EBITDA | 2.99 |
EPS(TTM)0.23
EY6.85%
EPS(NY)0.54
Fwd EY15.93%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.47
OCFY43.87%
SpS18.72
BVpS7.69
TBVpS7.69
PEG (NY)0.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 2.75% | ||
| ROCE | 10.7% | ||
| ROIC | 7.7% | ||
| ROICexc | 7.88% | ||
| ROICexgc | 7.88% | ||
| OM | 4.58% | ||
| PM (TTM) | 1.13% | ||
| GM | 8.47% | ||
| FCFM | N/A |
ROA(3y)6.32%
ROA(5y)-5.17%
ROE(3y)11.77%
ROE(5y)-13.78%
ROIC(3y)9.5%
ROIC(5y)N/A
ROICexc(3y)9.81%
ROICexc(5y)N/A
ROICexgc(3y)9.81%
ROICexgc(5y)N/A
ROCE(3y)13.19%
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 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 120.31% | ||
| Cap/Sales | 10.46% | ||
| Interest Coverage | 2.32 | ||
| Cash Conversion | 59.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.31 |
F-Score4
WACC7.77%
ROIC/WACC0.99
Cap/Depr(3y)115.62%
Cap/Depr(5y)84.66%
Cap/Sales(3y)8.75%
Cap/Sales(5y)7.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-87.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
EPS Next Y235.14%
EPS Next 2Y120.6%
EPS Next 3Y85.93%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y16.07%
Revenue growth 5Y-0.67%
Sales Q2Q%12.11%
Revenue Next Year-2.71%
Revenue Next 2Y-1.68%
Revenue Next 3Y1.51%
Revenue Next 5YN/A
EBIT growth 1Y-49.22%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year204.31%
EBIT Next 3Y53.41%
EBIT Next 5YN/A
FCF growth 1Y-224.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.53%
OCF growth 3YN/A
OCF growth 5Y-0.74%