PHX ENERGY SERVICES CORP (PHX.CA) Stock Fundamental Analysis
TSX:PHX - Toronto Stock Exchange - CA69338U1012 - Common Stock - Currency: CAD
Overall PHX gets a fundamental rating of 7 out of 10. We evaluated PHX against 27 industry peers in the Energy Equipment & Services industry. While PHX has a great profitability rating, there are some minor concerns on its financial health. PHX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. PHX also has an excellent dividend rating. With these ratings, PHX could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
PHX had positive earnings in the past year.
In the past year PHX had a positive cash flow from operations.
PHX had positive earnings in 4 of the past 5 years.
In the past 5 years PHX always reported a positive cash flow from operatings.
1.2 Ratios
PHX has a Return On Assets of 12.74%. This is amongst the best in the industry. PHX outperforms 88.89% of its industry peers.
PHX has a better Return On Equity (24.54%) than 88.89% of its industry peers.
The Return On Invested Capital of PHX (15.34%) is better than 88.89% of its industry peers.
PHX had an Average Return On Invested Capital over the past 3 years of 17.18%. This is significantly above the industry average of 10.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.74% | ||
| ROE | 24.54% | ||
| ROIC | 15.34% |
ROA(3y)15.47%
ROA(5y)10.29%
ROE(3y)29.45%
ROE(5y)19.87%
ROIC(3y)17.18%
ROIC(5y)11.92%
1.3 Margins
The Profit Margin of PHX (8.34%) is better than 70.37% of its industry peers.
PHX's Profit Margin has improved in the last couple of years.
PHX's Operating Margin of 8.06% is in line compared to the rest of the industry. PHX outperforms 44.44% of its industry peers.
PHX's Operating Margin has improved in the last couple of years.
PHX has a Gross Margin (18.58%) which is comparable to the rest of the industry.
PHX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.06% | ||
| PM (TTM) | 8.34% | ||
| GM | 18.58% |
OM growth 3Y25.84%
OM growth 5Y38.98%
PM growth 3Y7.4%
PM growth 5YN/A
GM growth 3Y0.71%
GM growth 5Y4.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), PHX is creating value.
PHX has less shares outstanding than it did 1 year ago.
PHX has less shares outstanding than it did 5 years ago.
PHX has a worse debt/assets ratio than last year.
2.2 Solvency
PHX has an Altman-Z score of 3.18. This indicates that PHX is financially healthy and has little risk of bankruptcy at the moment.
PHX has a Altman-Z score of 3.18. This is in the better half of the industry: PHX outperforms 77.78% of its industry peers.
The Debt to FCF ratio of PHX is 4.87, which is a neutral value as it means it would take PHX, 4.87 years of fcf income to pay off all of its debts.
PHX has a Debt to FCF ratio (4.87) which is comparable to the rest of the industry.
PHX has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, PHX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 3.18 |
ROIC/WACC1.82
WACC8.43%
2.3 Liquidity
A Current Ratio of 1.66 indicates that PHX should not have too much problems paying its short term obligations.
PHX has a Current ratio (1.66) which is comparable to the rest of the industry.
A Quick Ratio of 1.20 indicates that PHX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.20, PHX is in line with its industry, outperforming 59.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
PHX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.79%.
PHX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.81% yearly.
PHX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.69%.
PHX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.53% yearly.
EPS 1Y (TTM)-35.79%
EPS 3Y38.81%
EPS 5YN/A
EPS Q2Q%18.92%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y24.73%
Revenue growth 5Y13.53%
Sales Q2Q%16.6%
3.2 Future
PHX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.11% yearly.
PHX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.92% yearly.
EPS Next Y23.4%
EPS Next 2Y13.62%
EPS Next 3Y10.11%
EPS Next 5YN/A
Revenue Next Year6.64%
Revenue Next 2Y2.51%
Revenue Next 3Y1.92%
Revenue Next 5YN/A
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
A Price/Earnings ratio of 6.77 indicates a rather cheap valuation of PHX.
Based on the Price/Earnings ratio, PHX is valued a bit cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. PHX is valued rather cheaply when compared to this.
PHX is valuated cheaply with a Price/Forward Earnings ratio of 5.56.
Based on the Price/Forward Earnings ratio, PHX is valued a bit cheaper than 77.78% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, PHX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 5.56 |
4.2 Price Multiples
PHX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PHX is cheaper than 62.96% of the companies in the same industry.
PHX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.22 | ||
| EV/EBITDA | 4.03 |
4.3 Compensation for Growth
PHX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PHX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y13.62%
EPS Next 3Y10.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.55%, PHX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 10.07, PHX pays a better dividend. On top of this PHX pays more dividend than 96.30% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, PHX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.55% |
5.2 History
On average, the dividend of PHX grows each year by 145.41%, which is quite nice.
PHX has been paying a dividend for at least 10 years, so it has a reliable track record.
PHX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)145.41%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
PHX pays out 64.92% of its income as dividend. This is not a sustainable payout ratio.
PHX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP64.92%
EPS Next 2Y13.62%
EPS Next 3Y10.11%
TSX:PHX (7/11/2025, 7:00:00 PM)
8.26
-0.12 (-1.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners26.55%
Inst Owner ChangeN/A
Ins Owners10.98%
Ins Owner ChangeN/A
Market Cap375.50M
Analysts80
Price Target11.22 (35.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.55% |
Yearly Dividend0.81
Dividend Growth(5Y)145.41%
DP64.92%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.38%
Min EPS beat(2)-0.99%
Max EPS beat(2)17.74%
EPS beat(4)2
Avg EPS beat(4)1.59%
Min EPS beat(4)-27.39%
Max EPS beat(4)17.74%
EPS beat(8)6
Avg EPS beat(8)20.85%
EPS beat(12)9
Avg EPS beat(12)14.38%
EPS beat(16)11
Avg EPS beat(16)62.83%
Revenue beat(2)2
Avg Revenue beat(2)4.02%
Min Revenue beat(2)3.67%
Max Revenue beat(2)4.37%
Revenue beat(4)3
Avg Revenue beat(4)1.95%
Min Revenue beat(4)-2.73%
Max Revenue beat(4)4.37%
Revenue beat(8)7
Avg Revenue beat(8)3.48%
Revenue beat(12)9
Avg Revenue beat(12)5.36%
Revenue beat(16)11
Avg Revenue beat(16)4.77%
PT rev (1m)-5.71%
PT rev (3m)-12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)20%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 5.56 | ||
| P/S | 0.55 | ||
| P/FCF | 30.22 | ||
| P/OCF | 3.89 | ||
| P/B | 1.61 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 4.03 |
EPS(TTM)1.22
EY14.77%
EPS(NY)1.48
Fwd EY17.97%
FCF(TTM)0.27
FCFY3.31%
OCF(TTM)2.12
OCFY25.68%
SpS15.08
BVpS5.13
TBVpS4.74
PEG (NY)0.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.74% | ||
| ROE | 24.54% | ||
| ROCE | 17.75% | ||
| ROIC | 15.34% | ||
| ROICexc | 16.06% | ||
| ROICexgc | 17.07% | ||
| OM | 8.06% | ||
| PM (TTM) | 8.34% | ||
| GM | 18.58% | ||
| FCFM | 1.81% |
ROA(3y)15.47%
ROA(5y)10.29%
ROE(3y)29.45%
ROE(5y)19.87%
ROIC(3y)17.18%
ROIC(5y)11.92%
ROICexc(3y)18.26%
ROICexc(5y)12.83%
ROICexgc(3y)19.36%
ROICexgc(5y)13.72%
ROCE(3y)19.88%
ROCE(5y)13.79%
ROICexcg growth 3Y25.49%
ROICexcg growth 5Y44.33%
ROICexc growth 3Y27.98%
ROICexc growth 5Y47.19%
OM growth 3Y25.84%
OM growth 5Y38.98%
PM growth 3Y7.4%
PM growth 5YN/A
GM growth 3Y0.71%
GM growth 5Y4.52%
F-Score4
Asset Turnover1.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.87 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 165.42% | ||
| Cap/Sales | 12.25% | ||
| Interest Coverage | 15.39 | ||
| Cash Conversion | 90.94% | ||
| Profit Quality | 21.72% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 3.18 |
F-Score4
WACC8.43%
ROIC/WACC1.82
Cap/Depr(3y)180.98%
Cap/Depr(5y)150.31%
Cap/Sales(3y)12.27%
Cap/Sales(5y)11.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.79%
EPS 3Y38.81%
EPS 5YN/A
EPS Q2Q%18.92%
EPS Next Y23.4%
EPS Next 2Y13.62%
EPS Next 3Y10.11%
EPS Next 5YN/A
Revenue 1Y (TTM)4.69%
Revenue growth 3Y24.73%
Revenue growth 5Y13.53%
Sales Q2Q%16.6%
Revenue Next Year6.64%
Revenue Next 2Y2.51%
Revenue Next 3Y1.92%
Revenue Next 5YN/A
EBIT growth 1Y-24.65%
EBIT growth 3Y56.96%
EBIT growth 5Y57.79%
EBIT Next Year177.33%
EBIT Next 3Y41.28%
EBIT Next 5YN/A
FCF growth 1Y142.06%
FCF growth 3Y11.05%
FCF growth 5Y-6.07%
OCF growth 1Y114.09%
OCF growth 3Y28.7%
OCF growth 5Y14.07%