TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
TSX:TCW - CA8959451037 - Common Stock
5.94 CAD
-0.01 (-0.17%)
Overall TCW gets a fundamental rating of 7 out of 10. We evaluated TCW against 27 industry peers in the Energy Equipment & Services industry. TCW scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TCW is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make TCW a good candidate for value investing.
1. Profitability
1.1 Basic Checks
TCW had positive earnings in the past year.
In the past year TCW had a positive cash flow from operations.
TCW had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TCW had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TCW (16.18%) is better than 92.59% of its industry peers.
With an excellent Return On Equity value of 21.71%, TCW belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
TCW has a better Return On Invested Capital (19.89%) than 96.30% of its industry peers.
TCW had an Average Return On Invested Capital over the past 3 years of 19.01%. This is significantly above the industry average of 11.19%.
The 3 year average ROIC (19.01%) for TCW is below the current ROIC(19.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.18% | ||
| ROE | 21.71% | ||
| ROIC | 19.89% |
ROA(3y)14.96%
ROA(5y)1.52%
ROE(3y)20.51%
ROE(5y)3.81%
ROIC(3y)19.01%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TCW (10.66%) is better than 88.89% of its industry peers.
In the last couple of years the Profit Margin of TCW has grown nicely.
TCW's Operating Margin of 14.44% is amongst the best of the industry. TCW outperforms 88.89% of its industry peers.
The Gross Margin of TCW (19.17%) is comparable to the rest of the industry.
TCW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.44% | ||
| PM (TTM) | 10.66% | ||
| GM | 19.17% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y53.97%
PM growth 5YN/A
GM growth 3Y49.98%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TCW is creating value.
Compared to 1 year ago, TCW has less shares outstanding
The number of shares outstanding for TCW has been reduced compared to 5 years ago.
Compared to 1 year ago, TCW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.84 indicates that TCW is not in any danger for bankruptcy at the moment.
TCW has a Altman-Z score of 5.84. This is amongst the best in the industry. TCW outperforms 92.59% of its industry peers.
TCW has a debt to FCF ratio of 0.13. This is a very positive value and a sign of high solvency as it would only need 0.13 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.13, TCW belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that TCW is not too dependend on debt financing.
The Debt to Equity ratio of TCW (0.03) is better than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 5.84 |
ROIC/WACC2.38
WACC8.35%
2.3 Liquidity
A Current Ratio of 2.07 indicates that TCW has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.07, TCW is doing good in the industry, outperforming 74.07% of the companies in the same industry.
A Quick Ratio of 1.89 indicates that TCW should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.89, TCW is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
TCW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.45%.
Measured over the past years, TCW shows a very strong growth in Earnings Per Share. The EPS has been growing by 96.68% on average per year.
TCW shows a decrease in Revenue. In the last year, the revenue decreased by -2.14%.
Measured over the past years, TCW shows a quite strong growth in Revenue. The Revenue has been growing by 9.05% on average per year.
EPS 1Y (TTM)-6.45%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%37.5%
Revenue 1Y (TTM)-2.14%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%0.94%
3.2 Future
The Earnings Per Share is expected to grow by 7.52% on average over the next years.
The Revenue is expected to grow by 4.23% on average over the next years.
EPS Next Y11.13%
EPS Next 2Y15.22%
EPS Next 3Y14.9%
EPS Next 5Y7.52%
Revenue Next Year12.23%
Revenue Next 2Y17.6%
Revenue Next 3Y10.53%
Revenue Next 5Y4.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.00, the valuation of TCW can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TCW is on the same level as its industry peers.
TCW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
TCW is valuated reasonably with a Price/Forward Earnings ratio of 8.40.
66.67% of the companies in the same industry are more expensive than TCW, based on the Price/Forward Earnings ratio.
TCW is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 8.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TCW is on the same level as its industry peers.
62.96% of the companies in the same industry are more expensive than TCW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.87 | ||
| EV/EBITDA | 4.81 |
4.3 Compensation for Growth
TCW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TCW has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TCW's earnings are expected to grow with 14.90% in the coming years.
PEG (NY)0.99
PEG (5Y)N/A
EPS Next 2Y15.22%
EPS Next 3Y14.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.70%, TCW has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.18, TCW pays a better dividend. On top of this TCW pays more dividend than 92.59% of the companies listed in the same industry.
TCW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
5.2 History
The dividend of TCW decreases each year by -9.83%.
TCW has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TCW decreased recently.
Dividend Growth(5Y)-9.83%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
34.37% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP34.37%
EPS Next 2Y15.22%
EPS Next 3Y14.9%
TSX:TCW (9/4/2025, 7:00:00 PM)
5.94
-0.01 (-0.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners29.36%
Inst Owner ChangeN/A
Ins Owners0.8%
Ins Owner ChangeN/A
Market Cap1.06B
Analysts75
Price Target6.55 (10.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP34.37%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.62%
Min EPS beat(2)3.58%
Max EPS beat(2)25.66%
EPS beat(4)3
Avg EPS beat(4)13.44%
Min EPS beat(4)-0.99%
Max EPS beat(4)25.66%
EPS beat(8)6
Avg EPS beat(8)8.6%
EPS beat(12)9
Avg EPS beat(12)26.73%
EPS beat(16)12
Avg EPS beat(16)124.56%
Revenue beat(2)1
Avg Revenue beat(2)-0.19%
Min Revenue beat(2)-3.25%
Max Revenue beat(2)2.87%
Revenue beat(4)2
Avg Revenue beat(4)3.18%
Min Revenue beat(4)-3.25%
Max Revenue beat(4)14.57%
Revenue beat(8)3
Avg Revenue beat(8)0.9%
Revenue beat(12)4
Avg Revenue beat(12)0.46%
Revenue beat(16)7
Avg Revenue beat(16)1.78%
PT rev (1m)-0.74%
PT rev (3m)16.01%
EPS NQ rev (1m)-1.54%
EPS NQ rev (3m)-1.54%
EPS NY rev (1m)8.52%
EPS NY rev (3m)8.52%
Revenue NQ rev (1m)2.4%
Revenue NQ rev (3m)16.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 8.4 | ||
| P/S | 1.09 | ||
| P/FCF | 6.87 | ||
| P/OCF | 4.89 | ||
| P/B | 2.22 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 4.81 |
EPS(TTM)0.54
EY9.09%
EPS(NY)0.71
Fwd EY11.9%
FCF(TTM)0.87
FCFY14.56%
OCF(TTM)1.22
OCFY20.47%
SpS5.44
BVpS2.67
TBVpS2.67
PEG (NY)0.99
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.18% | ||
| ROE | 21.71% | ||
| ROCE | 26.28% | ||
| ROIC | 19.89% | ||
| ROICexc | 21.35% | ||
| ROICexgc | 21.35% | ||
| OM | 14.44% | ||
| PM (TTM) | 10.66% | ||
| GM | 19.17% | ||
| FCFM | 15.92% |
ROA(3y)14.96%
ROA(5y)1.52%
ROE(3y)20.51%
ROE(5y)3.81%
ROIC(3y)19.01%
ROIC(5y)N/A
ROICexc(3y)19.58%
ROICexc(5y)N/A
ROICexgc(3y)19.61%
ROICexgc(5y)N/A
ROCE(3y)25.12%
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 3Y53.97%
PM growth 5YN/A
GM growth 3Y49.98%
GM growth 5YN/A
F-Score6
Asset Turnover1.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.13 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 81.7% | ||
| Cap/Sales | 6.46% | ||
| Interest Coverage | 61.87 | ||
| Cash Conversion | 100.13% | ||
| Profit Quality | 149.26% | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.89 | ||
| Altman-Z | 5.84 |
F-Score6
WACC8.35%
ROIC/WACC2.38
Cap/Depr(3y)109.56%
Cap/Depr(5y)80.31%
Cap/Sales(3y)9.25%
Cap/Sales(5y)8.11%
Profit Quality(3y)91.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.45%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%37.5%
EPS Next Y11.13%
EPS Next 2Y15.22%
EPS Next 3Y14.9%
EPS Next 5Y7.52%
Revenue 1Y (TTM)-2.14%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%0.94%
Revenue Next Year12.23%
Revenue Next 2Y17.6%
Revenue Next 3Y10.53%
Revenue Next 5Y4.23%
EBIT growth 1Y-15.9%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year51.17%
EBIT Next 3Y15.17%
EBIT Next 5Y14.8%
FCF growth 1Y16.42%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y-3.26%
OCF growth 3Y27.85%
OCF growth 5Y40.19%