PHX ENERGY SERVICES CORP (PHX.CA) Stock Fundamental Analysis
TSX:PHX - Toronto Stock Exchange - CA69338U1012 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to PHX. PHX was compared to 27 industry peers in the Energy Equipment & Services industry. PHX scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on PHX. PHX also has an excellent dividend rating. These ratings would make PHX suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year PHX was profitable.
PHX had a positive operating cash flow in the past year.
Of the past 5 years PHX 4 years were profitable.
Each year in the past 5 years PHX had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 12.74%, PHX belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
PHX has a Return On Equity of 24.54%. This is amongst the best in the industry. PHX outperforms 88.89% of its industry peers.
PHX has a Return On Invested Capital of 15.34%. This is amongst the best in the industry. PHX outperforms 88.89% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PHX is significantly above the industry average of 11.00%.
| 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
Looking at the Profit Margin, with a value of 8.34%, PHX is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
PHX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.06%, PHX is in line with its industry, outperforming 44.44% of the companies in the same industry.
In the last couple of years the Operating Margin of PHX has grown nicely.
Looking at the Gross Margin, with a value of 18.58%, PHX is in line with its industry, outperforming 40.74% of the companies in the same industry.
In the last couple of years the Gross Margin of PHX has grown nicely.
| 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
PHX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for PHX has been reduced compared to 1 year ago.
PHX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PHX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.15 indicates that PHX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.15, PHX is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
PHX has a debt to FCF ratio of 4.87. This is a neutral value as PHX would need 4.87 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.87, PHX is in line with its industry, outperforming 48.15% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that PHX is not too dependend on debt financing.
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 | 3.15 |
ROIC/WACC1.93
WACC7.96%
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.
PHX has a Quick ratio (1.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for PHX have decreased strongly by -35.79% in the last year.
The Earnings Per Share has been growing by 38.81% on average over the past years. This is a very strong growth
Looking at the last year, PHX shows a small growth in Revenue. The Revenue has grown by 4.69% in the last year.
Measured over the past years, PHX shows a quite strong growth in Revenue. The Revenue has been growing by 13.53% on average per year.
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
Based on estimates for the next years, PHX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.11% on average per year.
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 Year6.71%
Revenue Next 2Y2.51%
Revenue Next 3Y1.92%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 6.33, which indicates a rather cheap valuation of PHX.
Based on the Price/Earnings ratio, PHX is valued cheaper than 81.48% of the companies in the same industry.
When comparing the Price/Earnings ratio of PHX to the average of the S&P500 Index (26.99), we can say PHX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.20, the valuation of PHX can be described as very cheap.
Based on the Price/Forward Earnings ratio, PHX is valued cheaply inside the industry as 81.48% of the companies are valued more expensively.
PHX is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.33 | ||
| Fwd PE | 5.2 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHX indicates a slightly more expensive valuation: PHX is more expensive than 62.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.18 | ||
| EV/EBITDA | 3.93 |
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.
PHX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y13.62%
EPS Next 3Y10.11%
5. Dividend
5.1 Amount
PHX has a Yearly Dividend Yield of 9.62%, which is a nice return.
PHX's Dividend Yield is rather good when compared to the industry average which is at 3.15. PHX pays more dividend than 100.00% of the companies in the same industry.
PHX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.62% |
5.2 History
On average, the dividend of PHX grows each year by 145.41%, which is quite nice.
PHX has paid a dividend for at least 10 years, which is 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
64.92% of the earnings are spent on dividend by PHX. This is not a sustainable payout ratio.
The dividend of PHX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP64.92%
EPS Next 2Y13.62%
EPS Next 3Y10.11%
TSX:PHX (8/6/2025, 7:00:00 PM)
7.72
-0.44 (-5.39%)
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 Cap350.95M
Analysts80
Price Target11.22 (45.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.62% |
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)0%
PT rev (3m)-5.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)20%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)2.42%
Revenue NQ rev (3m)7.64%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.33 | ||
| Fwd PE | 5.2 | ||
| P/S | 0.51 | ||
| P/FCF | 28.18 | ||
| P/OCF | 3.63 | ||
| P/B | 1.5 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 3.93 |
EPS(TTM)1.22
EY15.8%
EPS(NY)1.48
Fwd EY19.23%
FCF(TTM)0.27
FCFY3.55%
OCF(TTM)2.13
OCFY27.54%
SpS15.12
BVpS5.14
TBVpS4.75
PEG (NY)0.27
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 | 3.15 |
F-Score4
WACC7.96%
ROIC/WACC1.93
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 Year6.71%
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%