CLEANTEK INDUSTRIES INC (CTEK.CA) Stock Fundamental Analysis
TSX-V:CTEK - TSX Venture Exchange - CA75101V1013 - Common Stock - Currency: CAD
CTEK gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 27 industry peers in the Energy Equipment & Services industry. There are concerns on the financial health of CTEK while its profitability can be described as average. CTEK is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CTEK was profitable.
In the past year CTEK had a positive cash flow from operations.
CTEK had negative earnings in 4 of the past 5 years.
In multiple years CTEK reported negative operating cash flow during the last 5 years.
1.2 Ratios
CTEK's Return On Assets of 7.84% is fine compared to the rest of the industry. CTEK outperforms 70.37% of its industry peers.
CTEK has a Return On Equity of 63.59%. This is amongst the best in the industry. CTEK outperforms 92.59% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.77%, CTEK is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 63.59% | ||
| ROIC | 7.77% |
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
The Profit Margin of CTEK (10.07%) is better than 81.48% of its industry peers.
With a Operating Margin value of 9.87%, CTEK perfoms like the industry average, outperforming 59.26% of the companies in the same industry.
CTEK has a Gross Margin of 60.85%. This is amongst the best in the industry. CTEK outperforms 96.30% of its industry peers.
In the last couple of years the Gross Margin of CTEK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.87% | ||
| PM (TTM) | 10.07% | ||
| GM | 60.85% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.66%
GM growth 5Y10.99%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CTEK is destroying value.
Compared to 1 year ago, CTEK has more shares outstanding
CTEK has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CTEK has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -5.02, we must say that CTEK is in the distress zone and has some risk of bankruptcy.
CTEK has a Altman-Z score of -5.02. This is amonst the worse of the industry: CTEK underperforms 88.89% of its industry peers.
The Debt to FCF ratio of CTEK is 13.29, which is on the high side as it means it would take CTEK, 13.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CTEK (13.29) is worse than 62.96% of its industry peers.
CTEK has a Debt/Equity ratio of 4.78. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CTEK (4.78) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.78 | ||
| Debt/FCF | 13.29 | ||
| Altman-Z | -5.02 |
ROIC/WACC0.93
WACC8.31%
2.3 Liquidity
A Current Ratio of 0.82 indicates that CTEK may have some problems paying its short term obligations.
CTEK has a worse Current ratio (0.82) than 88.89% of its industry peers.
CTEK has a Quick Ratio of 0.82. This is a bad value and indicates that CTEK is not financially healthy enough and could expect problems in meeting its short term obligations.
CTEK has a worse Quick ratio (0.79) than 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 162.22% over the past year.
Looking at the last year, CTEK shows a very negative growth in Revenue. The Revenue has decreased by -15.74% in the last year.
The Revenue has been growing by 60.69% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)162.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-29%
Revenue 1Y (TTM)-15.74%
Revenue growth 3Y10.15%
Revenue growth 5Y60.69%
Sales Q2Q%0.95%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.83, the valuation of CTEK can be described as reasonable.
CTEK's Price/Earnings ratio is in line with the industry average.
CTEK is valuated cheaply when we compare the Price/Earnings ratio to 26.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.83 | ||
| Fwd PE | N/A |
4.2 Price Multiples
CTEK's Enterprise Value to EBITDA is on the same level as the industry average.
CTEK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.98 | ||
| EV/EBITDA | 5.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CTEK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:CTEK (8/7/2025, 7:00:00 PM)
0.355
-0.05 (-11.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners6.7%
Ins Owner ChangeN/A
Market Cap10.41M
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.83 | ||
| Fwd PE | N/A | ||
| P/S | 0.88 | ||
| P/FCF | 12.98 | ||
| P/OCF | 5 | ||
| P/B | 5.56 | ||
| P/tB | 6.47 | ||
| EV/EBITDA | 5.67 |
EPS(TTM)0.03
EY8.45%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.03
FCFY7.71%
OCF(TTM)0.07
OCFY20%
SpS0.4
BVpS0.06
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.84% | ||
| ROE | 63.59% | ||
| ROCE | 12.42% | ||
| ROIC | 7.77% | ||
| ROICexc | 8.27% | ||
| ROICexgc | 8.49% | ||
| OM | 9.87% | ||
| PM (TTM) | 10.07% | ||
| GM | 60.85% | ||
| FCFM | 6.78% |
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 3YN/A
PM growth 5YN/A
GM growth 3Y5.66%
GM growth 5Y10.99%
F-Score7
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.78 | ||
| Debt/FCF | 13.29 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 58.69% | ||
| Cap/Sales | 10.83% | ||
| Interest Coverage | 1.41 | ||
| Cash Conversion | 62.19% | ||
| Profit Quality | 67.34% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | -5.02 |
F-Score7
WACC8.31%
ROIC/WACC0.93
Cap/Depr(3y)57.43%
Cap/Depr(5y)38.88%
Cap/Sales(3y)11.95%
Cap/Sales(5y)8.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)162.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-29%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-15.74%
Revenue growth 3Y10.15%
Revenue growth 5Y60.69%
Sales Q2Q%0.95%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y411.06%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-34.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-33.78%
OCF growth 3YN/A
OCF growth 5YN/A