TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
TSX:TCW - Toronto Stock Exchange - CA8959451037 - Common Stock - Currency: CAD
Taking everything into account, TCW scores 6 out of 10 in our fundamental rating. TCW was compared to 27 industry peers in the Energy Equipment & Services industry. Both the health and profitability get an excellent rating, making TCW a very profitable company, without any liquidiy or solvency issues. TCW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TCW had positive earnings in the past year.
TCW had a positive operating cash flow in the past year.
Of the past 5 years TCW 4 years were profitable.
Each year in the past 5 years TCW had a positive operating cash flow.
1.2 Ratios
TCW has a Return On Assets of 14.90%. This is amongst the best in the industry. TCW outperforms 92.59% of its industry peers.
Looking at the Return On Equity, with a value of 20.08%, TCW is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 18.14%, TCW belongs to the top of the industry, outperforming 96.30% of the companies in the same industry.
TCW had an Average Return On Invested Capital over the past 3 years of 19.01%. This is significantly above the industry average of 11.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.9% | ||
| ROE | 20.08% | ||
| ROIC | 18.14% |
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
TCW has a better Profit Margin (10.35%) than 85.19% of its industry peers.
In the last couple of years the Profit Margin of TCW has grown nicely.
TCW's Operating Margin of 14.15% is amongst the best of the industry. TCW outperforms 88.89% of its industry peers.
Looking at the Gross Margin, with a value of 18.51%, TCW is doing worse than 62.96% of the companies in the same industry.
In the last couple of years the Gross Margin of TCW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.15% | ||
| PM (TTM) | 10.35% | ||
| GM | 18.51% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TCW is creating value.
The number of shares outstanding for TCW has been reduced compared to 1 year ago.
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 5.39 indicates that TCW is not in any danger for bankruptcy at the moment.
The Altman-Z score of TCW (5.39) is better than 92.59% of its industry peers.
The Debt to FCF ratio of TCW is 0.31, which is an excellent value as it means it would take TCW, only 0.31 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TCW (0.31) is better than 92.59% of its industry peers.
TCW has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.06, TCW belongs to the best of the industry, outperforming 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 5.39 |
ROIC/WACC2.28
WACC7.97%
2.3 Liquidity
A Current Ratio of 2.57 indicates that TCW has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.57, TCW belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
TCW has a Quick Ratio of 2.36. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
TCW has a Quick ratio of 2.36. This is amongst the best in the industry. TCW outperforms 92.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.36 |
3. Growth
3.1 Past
The earnings per share for TCW have decreased by -6.45% in the last year.
The Earnings Per Share has been growing by 96.68% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 0.84% in the past year.
The Revenue has been growing by 9.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-6.45%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%37.5%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%0.94%
3.2 Future
The Earnings Per Share is expected to grow by 1.56% on average over the next years.
The Revenue is expected to decrease by -1.37% on average over the next years.
EPS Next Y2.4%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
EPS Next 5Y1.56%
Revenue Next Year12.23%
Revenue Next 2Y17.64%
Revenue Next 3Y12.06%
Revenue Next 5Y-1.37%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
TCW is valuated reasonably with a Price/Earnings ratio of 10.52.
The rest of the industry has a similar Price/Earnings ratio as TCW.
Compared to an average S&P500 Price/Earnings ratio of 27.03, TCW is valued rather cheaply.
The Price/Forward Earnings ratio is 9.05, which indicates a very decent valuation of TCW.
The rest of the industry has a similar Price/Forward Earnings ratio as TCW.
TCW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.52 | ||
| Fwd PE | 9.05 |
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.
TCW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | 4.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TCW has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.38
PEG (5Y)N/A
EPS Next 2Y8.58%
EPS Next 3Y8.31%
5. Dividend
5.1 Amount
TCW has a Yearly Dividend Yield of 3.87%.
TCW's Dividend Yield is rather good when compared to the industry average which is at 3.15. TCW pays more dividend than 92.59% of the companies in the same industry.
TCW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
5.2 History
The dividend of TCW decreases each year by -9.83%.
TCW has paid a dividend for at least 10 years, which is a reliable track record.
TCW has decreased its dividend recently.
Dividend Growth(5Y)-9.83%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
35.57% of the earnings are spent on dividend by TCW. This is a low number and sustainable payout ratio.
DP35.57%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
TSX:TCW (8/5/2025, 7:00:00 PM)
5.68
+0.02 (+0.35%)
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 Cap1.01B
Analysts73.33
Price Target6.59 (16.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP35.57%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.54%
Min EPS beat(2)3.58%
Max EPS beat(2)25.5%
EPS beat(4)3
Avg EPS beat(4)10.31%
Min EPS beat(4)-0.99%
Max EPS beat(4)25.5%
EPS beat(8)6
Avg EPS beat(8)32.5%
EPS beat(12)9
Avg EPS beat(12)36.73%
EPS beat(16)12
Avg EPS beat(16)126.48%
Revenue beat(2)1
Avg Revenue beat(2)5.66%
Min Revenue beat(2)-3.25%
Max Revenue beat(2)14.57%
Revenue beat(4)1
Avg Revenue beat(4)2.22%
Min Revenue beat(4)-3.25%
Max Revenue beat(4)14.57%
Revenue beat(8)2
Avg Revenue beat(8)0.28%
Revenue beat(12)4
Avg Revenue beat(12)1.65%
Revenue beat(16)7
Avg Revenue beat(16)2.53%
PT rev (1m)17.53%
PT rev (3m)15.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.56%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-5.85%
Revenue NQ rev (3m)-8.14%
Revenue NY rev (1m)6.65%
Revenue NY rev (3m)6.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.52 | ||
| Fwd PE | 9.05 | ||
| P/S | 1.05 | ||
| P/FCF | 8.78 | ||
| P/OCF | 5.4 | ||
| P/B | 2.03 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 4.88 |
EPS(TTM)0.54
EY9.51%
EPS(NY)0.63
Fwd EY11.05%
FCF(TTM)0.65
FCFY11.39%
OCF(TTM)1.05
OCFY18.52%
SpS5.42
BVpS2.79
TBVpS2.79
PEG (NY)4.38
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.9% | ||
| ROE | 20.08% | ||
| ROCE | 23.98% | ||
| ROIC | 18.14% | ||
| ROICexc | 18.28% | ||
| ROICexgc | 18.28% | ||
| OM | 14.15% | ||
| PM (TTM) | 10.35% | ||
| GM | 18.51% | ||
| FCFM | 11.93% |
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-Score5
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.31 | ||
| Debt/EBITDA | 0.14 | ||
| Cap/Depr | 93.55% | ||
| Cap/Sales | 7.47% | ||
| Interest Coverage | 59.96 | ||
| Cash Conversion | 87.64% | ||
| Profit Quality | 115.24% | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.36 | ||
| Altman-Z | 5.39 |
F-Score5
WACC7.97%
ROIC/WACC2.28
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 Y2.4%
EPS Next 2Y8.58%
EPS Next 3Y8.31%
EPS Next 5Y1.56%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%0.94%
Revenue Next Year12.23%
Revenue Next 2Y17.64%
Revenue Next 3Y12.06%
Revenue Next 5Y-1.37%
EBIT growth 1Y-11.82%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year51.17%
EBIT Next 3Y15.17%
EBIT Next 5Y6.12%
FCF growth 1Y63.29%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y8.72%
OCF growth 3Y27.85%
OCF growth 5Y40.19%