SOURCE ENERGY SERVICES LTD (SHLE.CA) Fundamental Analysis & Valuation

TSX:SHLE • CA83615X4075

Current stock price

14.56 CAD
-0.09 (-0.61%)
Last:

This SHLE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. SHLE.CA Profitability Analysis

1.1 Basic Checks

  • SHLE had positive earnings in the past year.
  • In the past year SHLE had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: SHLE reported negative net income in multiple years.
  • In the past 5 years SHLE always reported a positive cash flow from operatings.
SHLE.CA Yearly Net Income VS EBIT VS OCF VS FCFSHLE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.36%, SHLE is in line with its industry, outperforming 57.14% of the companies in the same industry.
  • The Return On Equity of SHLE (15.84%) is better than 78.57% of its industry peers.
  • SHLE has a Return On Invested Capital (7.03%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SHLE is below the industry average of 12.53%.
Industry RankSector Rank
ROA 5.36%
ROE 15.84%
ROIC 7.03%
ROA(3y)13.87%
ROA(5y)5.95%
ROE(3y)39.93%
ROE(5y)-82%
ROIC(3y)9.42%
ROIC(5y)6.91%
SHLE.CA Yearly ROA, ROE, ROICSHLE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -200 -400

1.3 Margins

  • SHLE has a Profit Margin of 4.72%. This is comparable to the rest of the industry: SHLE outperforms 50.00% of its industry peers.
  • SHLE has a Operating Margin (6.64%) which is in line with its industry peers.
  • SHLE's Operating Margin has improved in the last couple of years.
  • With a Gross Margin value of 16.65%, SHLE is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of SHLE has grown nicely.
Industry RankSector Rank
OM 6.64%
PM (TTM) 4.72%
GM 16.65%
OM growth 3Y16.42%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.02%
GM growth 5Y10.99%
SHLE.CA Yearly Profit, Operating, Gross MarginsSHLE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. SHLE.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SHLE is still creating some value.
  • Compared to 1 year ago, SHLE has less shares outstanding
  • The number of shares outstanding for SHLE has been reduced compared to 5 years ago.
  • SHLE has a better debt/assets ratio than last year.
SHLE.CA Yearly Shares OutstandingSHLE.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M 8M 10M
SHLE.CA Yearly Total Debt VS Total AssetsSHLE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • SHLE has an Altman-Z score of 1.28. This is a bad value and indicates that SHLE is not financially healthy and even has some risk of bankruptcy.
  • SHLE's Altman-Z score of 1.28 is on the low side compared to the rest of the industry. SHLE is outperformed by 60.71% of its industry peers.
  • The Debt to FCF ratio of SHLE is 4.79, which is a neutral value as it means it would take SHLE, 4.79 years of fcf income to pay off all of its debts.
  • SHLE has a Debt to FCF ratio (4.79) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.14 is on the high side and indicates that SHLE has dependencies on debt financing.
  • SHLE has a Debt to Equity ratio of 1.14. This is in the lower half of the industry: SHLE underperforms 78.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF 4.79
Altman-Z 1.28
ROIC/WACC0.89
WACC7.89%
SHLE.CA Yearly LT Debt VS Equity VS FCFSHLE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 1.31 indicates that SHLE should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.31, SHLE is doing worse than 67.86% of the companies in the same industry.
  • SHLE has a Quick Ratio of 1.31. This is a bad value and indicates that SHLE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • SHLE has a Quick ratio of 0.72. This is in the lower half of the industry: SHLE underperforms 78.57% of its industry peers.
Industry RankSector Rank
Current Ratio 1.31
Quick Ratio 0.72
SHLE.CA Yearly Current Assets VS Current LiabilitesSHLE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. SHLE.CA Growth Analysis

3.1 Past

  • SHLE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 164.62%, which is quite impressive.
  • Looking at the last year, SHLE shows a small growth in Revenue. The Revenue has grown by 3.91% in the last year.
  • SHLE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.89% yearly.
EPS 1Y (TTM)164.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.88%
Revenue 1Y (TTM)3.91%
Revenue growth 3Y18.97%
Revenue growth 5Y22.89%
Sales Q2Q%13.49%

3.2 Future

  • Based on estimates for the next years, SHLE will show a very strong growth in Earnings Per Share. The EPS will grow by 56.50% on average per year.
  • SHLE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.04% yearly.
EPS Next Y97.18%
EPS Next 2Y56.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.76%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SHLE.CA Yearly Revenue VS EstimatesSHLE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
SHLE.CA Yearly EPS VS EstimatesSHLE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -10 -20 -30 -40

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Find the best growth stocksShow best growing peers

9

4. SHLE.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 8.47 indicates a reasonable valuation of SHLE.
  • 96.43% of the companies in the same industry are more expensive than SHLE, based on the Price/Earnings ratio.
  • SHLE is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 4.29, which indicates a rather cheap valuation of SHLE.
  • Based on the Price/Forward Earnings ratio, SHLE is valued cheaper than 100.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.68. SHLE is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.47
Fwd PE 4.29
SHLE.CA Price Earnings VS Forward Price EarningsSHLE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SHLE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, SHLE is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.29
EV/EBITDA 4.01
SHLE.CA Per share dataSHLE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

  • SHLE's 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 SHLE's earnings are expected to grow with 56.50% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y56.5%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SHLE.CA Dividend Analysis

5.1 Amount

  • SHLE does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

SHLE.CA Fundamentals: All Metrics, Ratios and Statistics

SOURCE ENERGY SERVICES LTD

TSX:SHLE (4/9/2026, 7:00:00 PM)

14.56

-0.09 (-0.61%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-26
Earnings (Next)04-30
Inst Owners11.52%
Inst Owner ChangeN/A
Ins Owners2.06%
Ins Owner ChangeN/A
Market Cap190.44M
Revenue(TTM)700.30M
Net Income(TTM)33.08M
Analysts80
Price Target19.64 (34.89%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-185.86%
Min EPS beat(2)-319.99%
Max EPS beat(2)-51.73%
EPS beat(4)2
Avg EPS beat(4)-72.88%
Min EPS beat(4)-319.99%
Max EPS beat(4)44.55%
EPS beat(8)2
Avg EPS beat(8)-84.64%
EPS beat(12)5
Avg EPS beat(12)-51.55%
EPS beat(16)8
Avg EPS beat(16)207.78%
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.56%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)2.68%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)15.26%
Revenue beat(8)5
Avg Revenue beat(8)6.47%
Revenue beat(12)7
Avg Revenue beat(12)6.2%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.45%
PT rev (3m)14.93%
EPS NQ rev (1m)-9.82%
EPS NQ rev (3m)-54.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.56%
Revenue NY rev (3m)-4.47%
Valuation
Industry RankSector Rank
PE 8.47
Fwd PE 4.29
P/S 0.27
P/FCF 3.29
P/OCF 1.62
P/B 0.91
P/tB 0.91
EV/EBITDA 4.01
EPS(TTM)1.72
EY11.81%
EPS(NY)3.39
Fwd EY23.29%
FCF(TTM)4.42
FCFY30.37%
OCF(TTM)9
OCFY61.8%
SpS53.54
BVpS15.97
TBVpS15.97
PEG (NY)0.09
PEG (5Y)N/A
Graham Number24.86
Profitability
Industry RankSector Rank
ROA 5.36%
ROE 15.84%
ROCE 10.09%
ROIC 7.03%
ROICexc 7.35%
ROICexgc 7.35%
OM 6.64%
PM (TTM) 4.72%
GM 16.65%
FCFM 8.26%
ROA(3y)13.87%
ROA(5y)5.95%
ROE(3y)39.93%
ROE(5y)-82%
ROIC(3y)9.42%
ROIC(5y)6.91%
ROICexc(3y)9.78%
ROICexc(5y)7.13%
ROICexgc(3y)9.78%
ROICexgc(5y)7.13%
ROCE(3y)13.53%
ROCE(5y)9.92%
ROICexgc growth 3Y13%
ROICexgc growth 5YN/A
ROICexc growth 3Y13%
ROICexc growth 5YN/A
OM growth 3Y16.42%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.02%
GM growth 5Y10.99%
F-Score7
Asset Turnover1.13
Health
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF 4.79
Debt/EBITDA 2.13
Cap/Depr 92.01%
Cap/Sales 8.55%
Interest Coverage 1.93
Cash Conversion 105.51%
Profit Quality 174.83%
Current Ratio 1.31
Quick Ratio 0.72
Altman-Z 1.28
F-Score7
WACC7.89%
ROIC/WACC0.89
Cap/Depr(3y)78.93%
Cap/Depr(5y)61%
Cap/Sales(3y)6.37%
Cap/Sales(5y)4.94%
Profit Quality(3y)242.97%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)164.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.88%
EPS Next Y97.18%
EPS Next 2Y56.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.91%
Revenue growth 3Y18.97%
Revenue growth 5Y22.89%
Sales Q2Q%13.49%
Revenue Next Year4.76%
Revenue Next 2Y5.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-28.78%
EBIT growth 3Y38.5%
EBIT growth 5YN/A
EBIT Next Year96.44%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.12%
FCF growth 3Y-4%
FCF growth 5Y10.14%
OCF growth 1Y24.68%
OCF growth 3Y13.65%
OCF growth 5Y24.48%

SOURCE ENERGY SERVICES LTD / SHLE.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to SHLE.CA.


Can you provide the valuation status for SOURCE ENERGY SERVICES LTD?

ChartMill assigns a valuation rating of 9 / 10 to SOURCE ENERGY SERVICES LTD (SHLE.CA). This can be considered as Undervalued.


Can you provide the profitability details for SOURCE ENERGY SERVICES LTD?

SOURCE ENERGY SERVICES LTD (SHLE.CA) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for SHLE stock?

The Price/Earnings (PE) ratio for SOURCE ENERGY SERVICES LTD (SHLE.CA) is 8.47 and the Price/Book (PB) ratio is 0.91.


How financially healthy is SOURCE ENERGY SERVICES LTD?

The financial health rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) is 3 / 10.