TRICAN WELL SERVICE LTD (TCW.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TCW - CA8959451037 - Common Stock
5.94 CAD
+0.04 (+0.68%)
We assign a fundamental rating of 7 out of 10 to TCW. TCW was compared to 27 industry peers in the Energy Equipment & Services industry. TCW gets an excellent profitability rating and is at the same time showing great financial health properties. TCW has a decent growth rate and is not valued too expensively. With these ratings, TCW could be worth investigating further for quality 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.
TCW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TCW (10.34%) is better than 77.78% of its industry peers.
TCW has a better Return On Equity (15.70%) than 81.48% of its industry peers.
TCW has a Return On Invested Capital of 12.10%. This is in the better half of the industry: TCW outperforms 77.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TCW is significantly below the industry average of 169.80%.
The 3 year average ROIC (19.01%) for TCW is well above the current ROIC(12.10%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.34% | ||
| ROE | 15.7% | ||
| ROIC | 12.1% |
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
With an excellent Profit Margin value of 10.28%, TCW belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
TCW's Profit Margin has improved in the last couple of years.
TCW has a better Operating Margin (14.14%) than 81.48% of its industry peers.
Looking at the Gross Margin, with a value of 19.40%, TCW is in line with its industry, outperforming 44.44% of the companies in the same industry.
TCW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.14% | ||
| PM (TTM) | 10.28% | ||
| GM | 19.4% |
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.
TCW has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TCW has less shares outstanding
TCW has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.53 indicates that TCW is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.53, TCW belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
TCW has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
The Debt to FCF ratio of TCW (1.74) is better than 85.19% of its industry peers.
TCW has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
TCW's Debt to Equity ratio of 0.23 is fine compared to the rest of the industry. TCW outperforms 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.54
WACC7.84%
2.3 Liquidity
TCW has a Current Ratio of 2.87. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.87, TCW belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
TCW has a Quick Ratio of 2.65. This indicates that TCW is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.65, TCW belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 |
3. Growth
3.1 Past
TCW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.04%, which is quite good.
TCW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 96.68% yearly.
Looking at the last year, TCW shows a quite strong growth in Revenue. The Revenue has grown by 9.24% in the last year.
The Revenue has been growing by 9.05% on average over the past years. This is quite good.
EPS 1Y (TTM)8.04%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%25%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%35.65%
3.2 Future
Based on estimates for the next years, TCW will show a small growth in Earnings Per Share. The EPS will grow by 6.96% on average per year.
Based on estimates for the next years, TCW will show a small growth in Revenue. The Revenue will grow by 4.72% on average per year.
EPS Next Y7.71%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
EPS Next 5Y6.96%
Revenue Next Year17.72%
Revenue Next 2Y17.73%
Revenue Next 3Y12.2%
Revenue Next 5Y4.72%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 10.42, the valuation of TCW can be described as very reasonable.
Based on the Price/Earnings ratio, TCW is valued a bit cheaper than 66.67% of the companies in the same industry.
TCW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
TCW is valuated reasonably with a Price/Forward Earnings ratio of 8.65.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TCW indicates a somewhat cheap valuation: TCW is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, TCW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.42 | ||
| Fwd PE | 8.65 |
4.2 Price Multiples
62.96% of the companies in the same industry are cheaper than TCW, based on the Enterprise Value to EBITDA ratio.
TCW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 6.18 |
4.3 Compensation for Growth
TCW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of TCW may justify a higher PE ratio.
PEG (NY)1.35
PEG (5Y)N/A
EPS Next 2Y13.56%
EPS Next 3Y9.9%
5. Dividend
5.1 Amount
TCW has a Yearly Dividend Yield of 3.70%. Purely for dividend investing, there may be better candidates out there.
TCW's Dividend Yield is rather good when compared to the industry average which is at 1.33. 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 1.94.
| 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
TCW pays out 35.68% of its income as dividend. This is a sustainable payout ratio.
DP35.68%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
TSX:TCW (1/9/2026, 7:00:00 PM)
5.94
+0.04 (+0.68%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners25.49%
Inst Owner ChangeN/A
Ins Owners4.21%
Ins Owner ChangeN/A
Market Cap1.26B
Revenue(TTM)1.05B
Net Income(TTM)107.85M
Analysts74.55
Price Target6.76 (13.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
Yearly Dividend0.18
Dividend Growth(5Y)-9.83%
DP35.68%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.24%
Min EPS beat(2)-7.18%
Max EPS beat(2)25.66%
EPS beat(4)3
Avg EPS beat(4)11.89%
Min EPS beat(4)-7.18%
Max EPS beat(4)25.66%
EPS beat(8)6
Avg EPS beat(8)8.77%
EPS beat(12)8
Avg EPS beat(12)23.15%
EPS beat(16)11
Avg EPS beat(16)31.35%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-1.52%
Max Revenue beat(2)2.87%
Revenue beat(4)2
Avg Revenue beat(4)3.17%
Min Revenue beat(4)-3.25%
Max Revenue beat(4)14.57%
Revenue beat(8)3
Avg Revenue beat(8)1.15%
Revenue beat(12)4
Avg Revenue beat(12)0.44%
Revenue beat(16)6
Avg Revenue beat(16)1.31%
PT rev (1m)1.27%
PT rev (3m)3.25%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)5.26%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-3.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)9.06%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)4.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.42 | ||
| Fwd PE | 8.65 | ||
| P/S | 1.2 | ||
| P/FCF | 13.24 | ||
| P/OCF | 7.79 | ||
| P/B | 1.83 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 6.18 |
EPS(TTM)0.57
EY9.6%
EPS(NY)0.69
Fwd EY11.56%
FCF(TTM)0.45
FCFY7.55%
OCF(TTM)0.76
OCFY12.83%
SpS4.96
BVpS3.25
TBVpS2.59
PEG (NY)1.35
PEG (5Y)N/A
Graham Number6.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.34% | ||
| ROE | 15.7% | ||
| ROCE | 16% | ||
| ROIC | 12.1% | ||
| ROICexc | 12.22% | ||
| ROICexgc | 14.4% | ||
| OM | 14.14% | ||
| PM (TTM) | 10.28% | ||
| GM | 19.4% | ||
| FCFM | 9.04% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 83.89% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 60.82 | ||
| Cash Conversion | 70.89% | ||
| Profit Quality | 87.92% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.65 | ||
| Altman-Z | 3.53 |
F-Score5
WACC7.84%
ROIC/WACC1.54
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)8.04%
EPS 3Y96.68%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y7.71%
EPS Next 2Y13.56%
EPS Next 3Y9.9%
EPS Next 5Y6.96%
Revenue 1Y (TTM)9.24%
Revenue growth 3Y20.36%
Revenue growth 5Y9.05%
Sales Q2Q%35.65%
Revenue Next Year17.72%
Revenue Next 2Y17.73%
Revenue Next 3Y12.2%
Revenue Next 5Y4.72%
EBIT growth 1Y-1.9%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year68.23%
EBIT Next 3Y29.88%
EBIT Next 5Y15.44%
FCF growth 1Y-32.46%
FCF growth 3Y58.07%
FCF growth 5YN/A
OCF growth 1Y-31.31%
OCF growth 3Y27.85%
OCF growth 5Y40.19%
TRICAN WELL SERVICE LTD / TCW.CA FAQ
Can you provide the ChartMill fundamental rating for TRICAN WELL SERVICE LTD?
ChartMill assigns a fundamental rating of 7 / 10 to TCW.CA.
What is the valuation status for TCW stock?
ChartMill assigns a valuation rating of 5 / 10 to TRICAN WELL SERVICE LTD (TCW.CA). This can be considered as Fairly Valued.
How profitable is TRICAN WELL SERVICE LTD (TCW.CA) stock?
TRICAN WELL SERVICE LTD (TCW.CA) has a profitability rating of 7 / 10.
What is the valuation of TRICAN WELL SERVICE LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TRICAN WELL SERVICE LTD (TCW.CA) is 10.42 and the Price/Book (PB) ratio is 1.83.
Can you provide the dividend sustainability for TCW stock?
The dividend rating of TRICAN WELL SERVICE LTD (TCW.CA) is 5 / 10 and the dividend payout ratio is 35.68%.