SOURCE ENERGY SERVICES LTD (SHLE.CA) Fundamental Analysis & Valuation
TSX:SHLE • CA83615X4075
Current stock price
15.73 CAD
+0.45 (+2.95%)
Last:
This SHLE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SHLE.CA Profitability Analysis
1.1 Basic Checks
- In the past year SHLE was profitable.
- SHLE had a positive operating cash flow in the past year.
- 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.
1.2 Ratios
- SHLE has a better Return On Assets (5.36%) than 60.71% of its industry peers.
- Looking at the Return On Equity, with a value of 15.84%, SHLE is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
- 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 12.60%.
| Industry Rank | Sector 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%
1.3 Margins
- Looking at the Profit Margin, with a value of 4.72%, SHLE is in line with its industry, outperforming 53.57% of the companies in the same industry.
- SHLE has a Operating Margin of 6.64%. This is comparable to the rest of the industry: SHLE outperforms 53.57% of its industry peers.
- In the last couple of years the Operating Margin of SHLE has grown nicely.
- SHLE's Gross Margin of 16.65% is on the low side compared to the rest of the industry. SHLE is outperformed by 60.71% of its industry peers.
- SHLE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
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.
- SHLE has less shares outstanding than it did 1 year ago.
- 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.
2.2 Solvency
- Based on the Altman-Z score of 1.29, we must say that SHLE is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.29, SHLE is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
- SHLE has a debt to FCF ratio of 4.79. This is a neutral value as SHLE would need 4.79 years to pay back of all of its debts.
- The Debt to FCF ratio of SHLE (4.79) is comparable to the rest of the industry.
- SHLE has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
- SHLE has a worse Debt to Equity ratio (1.14) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 4.79 | ||
| Altman-Z | 1.29 |
ROIC/WACC1.01
WACC6.94%
2.3 Liquidity
- SHLE has a Current Ratio of 1.31. This is a normal value and indicates that SHLE is financially healthy and should not expect problems in meeting its short term obligations.
- SHLE's Current ratio of 1.31 is on the low side compared to the rest of the industry. SHLE is outperformed by 75.00% of its industry peers.
- A Quick Ratio of 0.72 indicates that SHLE may have some problems paying its short term obligations.
- SHLE has a Quick ratio of 0.72. This is amonst the worse of the industry: SHLE underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 0.72 |
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.
- The Revenue has been growing slightly by 3.91% in the past 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
- SHLE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.59% yearly.
- The Revenue is expected to grow by 5.04% on average over the next years.
EPS Next Y91.55%
EPS Next 2Y56.59%
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
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. SHLE.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.15, the valuation of SHLE can be described as very reasonable.
- SHLE's Price/Earnings ratio is rather cheap when compared to the industry. SHLE is cheaper than 96.43% of the companies in the same industry.
- SHLE is valuated cheaply when we compare the Price/Earnings ratio to 27.79, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 4.77, the valuation of SHLE can be described as very cheap.
- Based on the Price/Forward Earnings ratio, SHLE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 38.88. SHLE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.15 | ||
| Fwd PE | 4.77 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHLE indicates a rather cheap valuation: SHLE is cheaper than 85.71% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, SHLE is valued cheaper than 96.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.56 | ||
| EV/EBITDA | 4.1 |
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 SHLE's earnings are expected to grow with 56.59% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y56.59%
EPS Next 3YN/A
5. SHLE.CA Dividend Analysis
5.1 Amount
- No dividends for SHLE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
SHLE.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:SHLE (4/22/2026, 7:00:00 PM)
15.73
+0.45 (+2.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-07 2026-05-07
Inst Owners11.51%
Inst Owner ChangeN/A
Ins Owners2.06%
Ins Owner ChangeN/A
Market Cap205.75M
Revenue(TTM)700.30M
Net Income(TTM)33.08M
Analysts80
Price Target19.64 (24.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)0%
EPS NQ rev (3m)-54.5%
EPS NY rev (1m)-2.86%
EPS NY rev (3m)-4.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.56%
Revenue NY rev (3m)-4.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.15 | ||
| Fwd PE | 4.77 | ||
| P/S | 0.29 | ||
| P/FCF | 3.56 | ||
| P/OCF | 1.75 | ||
| P/B | 0.98 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 4.1 |
EPS(TTM)1.72
EY10.93%
EPS(NY)3.29
Fwd EY20.94%
FCF(TTM)4.42
FCFY28.11%
OCF(TTM)9
OCFY57.2%
SpS53.54
BVpS15.97
TBVpS15.97
PEG (NY)0.1
PEG (5Y)N/A
Graham Number24.8609 (58.05%)
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.29 |
F-Score7
WACC6.94%
ROIC/WACC1.01
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 Y91.55%
EPS Next 2Y56.59%
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 9.15 and the Price/Book (PB) ratio is 0.98.
How financially healthy is SOURCE ENERGY SERVICES LTD?
The financial health rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) is 3 / 10.