WESTERN ENERGY SERVICES CORP (WRG.CA) Stock Fundamental Analysis
TSX:WRG • CA9581596009
2.52 CAD
+0.05 (+2.02%)
Last: Feb 27, 2026, 07:00 PM
WRG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 27 industry peers in the Energy Equipment & Services industry. WRG has an average financial health and profitability rating. WRG is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- WRG had negative earnings in the past year.
- In the past year WRG had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: WRG reported negative net income in multiple years.
- Of the past 5 years WRG 4 years had a positive operating cash flow.
1.2 Ratios
- WRG's Return On Assets of -1.69% is on the low side compared to the rest of the industry. WRG is outperformed by 82.14% of its industry peers.
- WRG has a worse Return On Equity (-2.40%) than 78.57% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3800.09%, WRG belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.69% | ||
| ROE | -2.4% | ||
| ROIC | 3800.09% |
ROA(3y)-1.33%
ROA(5y)-4.05%
ROE(3y)-6.13%
ROE(5y)-11.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Operating Margin of WRG (9275.76%) is better than 100.00% of its industry peers.
- WRG has a Gross Margin of 28.43%. This is in the better half of the industry: WRG outperforms 71.43% of its industry peers.
- WRG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9275.76% | ||
| PM (TTM) | N/A | ||
| GM | 28.43% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.12%
GM growth 5Y8.53%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so WRG is creating value.
- WRG has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for WRG has been increased compared to 5 years ago.
- WRG has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 164.99 indicates that WRG is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 164.99, WRG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- WRG has a debt to FCF ratio of 4.21. This is a neutral value as WRG would need 4.21 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 4.21, WRG is doing good in the industry, outperforming 60.71% of the companies in the same industry.
- A Debt/Equity ratio of 0.33 indicates that WRG is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.33, WRG perfoms like the industry average, outperforming 53.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.21 | ||
| Altman-Z | 164.99 |
ROIC/WACC2835.89
WACC1.34%
2.3 Liquidity
- WRG has a Current Ratio of 1.90. This is a normal value and indicates that WRG is financially healthy and should not expect problems in meeting its short term obligations.
- WRG has a Current ratio of 1.90. This is in the better half of the industry: WRG outperforms 64.29% of its industry peers.
- WRG has a Quick Ratio of 1.90. This is a normal value and indicates that WRG is financially healthy and should not expect problems in meeting its short term obligations.
- WRG has a better Quick ratio (1.90) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.9 |
3. Growth
3.1 Past
- WRG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.98%.
- WRG shows a decrease in Revenue. In the last year, the revenue decreased by -0.38%.
- Measured over the past years, WRG shows a very strong growth in Revenue. The Revenue has been growing by 559.32% on average per year.
EPS 1Y (TTM)6.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-86.33%
Revenue 1Y (TTM)-0.38%
Revenue growth 3Y2548.71%
Revenue growth 5Y559.32%
Sales Q2Q%-14.24%
3.2 Future
- Based on estimates for the next years, WRG will show a very strong growth in Earnings Per Share. The EPS will grow by 27.02% on average per year.
- Based on estimates for the next years, WRG will show a small growth in Revenue. The Revenue will grow by 4.74% on average per year.
EPS Next Y89.11%
EPS Next 2Y41.77%
EPS Next 3Y27.02%
EPS Next 5YN/A
Revenue Next Year-3.17%
Revenue Next 2Y-1.14%
Revenue Next 3Y0.15%
Revenue Next 5Y4.74%
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. Valuation
4.1 Price/Earnings Ratio
- WRG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- The Price/Forward Earnings ratio is 249.50, which means the current valuation is very expensive for WRG.
- WRG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. WRG is more expensive than 67.86% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of WRG to the average of the S&P500 Index (28.05), we can say WRG is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 249.5 |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than WRG, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, WRG is valued cheaper than 89.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.7 | ||
| EV/EBITDA | 0.01 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WRG does not grow enough to justify the current Price/Earnings ratio.
- A more expensive valuation may be justified as WRG's earnings are expected to grow with 27.02% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.77%
EPS Next 3Y27.02%
5. Dividend
5.1 Amount
- WRG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:WRG (2/27/2026, 7:00:00 PM)
2.52
+0.05 (+2.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-21 2025-10-21/amc
Earnings (Next)03-04 2026-03-04/amc
Inst Owners49.68%
Inst Owner ChangeN/A
Ins Owners6.6%
Ins Owner ChangeN/A
Market Cap85.28M
Revenue(TTM)218.77M
Net Income(TTM)-6.86M
Analysts45.71
Price Target2.81 (11.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend12.01
Dividend Growth(5Y)109.05%
DP-71722.33%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-55.94%
Min EPS beat(2)-73.27%
Max EPS beat(2)-38.61%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-15.16%
Min Revenue beat(2)-15.73%
Max Revenue beat(2)-14.59%
Revenue beat(4)1
Avg Revenue beat(4)-7.4%
Min Revenue beat(4)-15.73%
Max Revenue beat(4)6.34%
Revenue beat(8)4
Avg Revenue beat(8)-4.12%
Revenue beat(12)6
Avg Revenue beat(12)-4.81%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 249.5 | ||
| P/S | 0.39 | ||
| P/FCF | 3.7 | ||
| P/OCF | 1.88 | ||
| P/B | 0.3 | ||
| P/tB | 0.3 | ||
| EV/EBITDA | 0.01 |
EPS(TTM)-0.2
EYN/A
EPS(NY)0.01
Fwd EY0.4%
FCF(TTM)0.68
FCFY27%
OCF(TTM)1.34
OCFY53.08%
SpS6.46
BVpS8.43
TBVpS8.43
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.69% | ||
| ROE | -2.4% | ||
| ROCE | 5277.9% | ||
| ROIC | 3800.09% | ||
| ROICexc | 3834.56% | ||
| ROICexgc | 3834.56% | ||
| OM | 9275.76% | ||
| PM (TTM) | N/A | ||
| GM | 28.43% | ||
| FCFM | 10.52% |
ROA(3y)-1.33%
ROA(5y)-4.05%
ROE(3y)-6.13%
ROE(5y)-11.33%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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 3YN/A
PM growth 5YN/A
GM growth 3Y17.12%
GM growth 5Y8.53%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.21 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 53.86% | ||
| Cap/Sales | 10.17% | ||
| Interest Coverage | 2241.78 | ||
| Cash Conversion | 0.22% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.9 | ||
| Altman-Z | 164.99 |
F-Score6
WACC1.34%
ROIC/WACC2835.89
Cap/Depr(3y)83.71%
Cap/Depr(5y)54.65%
Cap/Sales(3y)5.03%
Cap/Sales(5y)4.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-86.33%
EPS Next Y89.11%
EPS Next 2Y41.77%
EPS Next 3Y27.02%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.38%
Revenue growth 3Y2548.71%
Revenue growth 5Y559.32%
Sales Q2Q%-14.24%
Revenue Next Year-3.17%
Revenue Next 2Y-1.14%
Revenue Next 3Y0.15%
Revenue Next 5Y4.74%
EBIT growth 1Y138.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year100.04%
EBIT Next 3Y26%
EBIT Next 5YN/A
FCF growth 1Y-6.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.25%
OCF growth 3YN/A
OCF growth 5YN/A
WESTERN ENERGY SERVICES CORP / WRG.CA FAQ
What is the ChartMill fundamental rating of WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to WRG.CA.
What is the valuation status of WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
ChartMill assigns a valuation rating of 3 / 10 to WESTERN ENERGY SERVICES CORP (WRG.CA). This can be considered as Overvalued.
What is the profitability of WRG stock?
WESTERN ENERGY SERVICES CORP (WRG.CA) has a profitability rating of 4 / 10.
What is the earnings growth outlook for WESTERN ENERGY SERVICES CORP?
The Earnings per Share (EPS) of WESTERN ENERGY SERVICES CORP (WRG.CA) is expected to grow by 89.11% in the next year.