WESTERN ENERGY SERVICES CORP (WRG.CA) Stock Fundamental Analysis
TSX:WRG - Toronto Stock Exchange - CA9581596009 - Common Stock - Currency: CAD
WRG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 29 industry peers in the Energy Equipment & Services industry. WRG may be in some trouble as it scores bad on both profitability and health. WRG is quite expensive at the moment. 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.
WRG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.46%, WRG is doing worse than 82.76% of the companies in the same industry.
WRG's Return On Equity of -2.17% is on the low side compared to the rest of the industry. WRG is outperformed by 79.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.46% | ||
| ROE | -2.17% | ||
| ROIC | N/A |
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
WRG has a better Gross Margin (27.61%) than 68.97% of its industry peers.
WRG's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for WRG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 27.61% |
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
WRG does not have a ROIC to compare to the WACC, probably because it is not profitable.
WRG has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, WRG has more shares outstanding
Compared to 1 year ago, WRG has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -245.81, we must say that WRG is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -245.81, WRG is not doing good in the industry: 96.55% of the companies in the same industry are doing better.
The Debt to FCF ratio of WRG is 6.43, which is on the high side as it means it would take WRG, 6.43 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.43, WRG perfoms like the industry average, outperforming 48.28% of the companies in the same industry.
WRG has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.36, WRG is in line with its industry, outperforming 55.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 6.43 | ||
| Altman-Z | -245.81 |
ROIC/WACCN/A
WACC1.34%
2.3 Liquidity
WRG has a Current Ratio of 1.89. This is a normal value and indicates that WRG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of WRG (1.89) is better than 65.52% of its industry peers.
WRG has a Quick Ratio of 1.87. This is a normal value and indicates that WRG is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of WRG (1.87) is better than 72.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
WRG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.87%, which is quite impressive.
WRG shows a small growth in Revenue. In the last year, the Revenue has grown by 6.43%.
WRG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 559.32% yearly.
EPS 1Y (TTM)35.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.13%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y2548.71%
Revenue growth 5Y559.32%
Sales Q2Q%11.34%
3.2 Future
WRG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.05% yearly.
WRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.74% yearly.
EPS Next Y103.96%
EPS Next 2Y44.54%
EPS Next 3Y28.05%
EPS Next 5YN/A
Revenue Next Year9.05%
Revenue Next 2Y5.29%
Revenue Next 3Y4.33%
Revenue Next 5Y4.74%
3.3 Evolution
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
WRG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 23.10, which indicates a rather expensive current valuation of WRG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WRG indicates a slightly more expensive valuation: WRG is more expensive than 65.52% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.13. WRG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 23.1 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, WRG is valued a bit cheaper than 75.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.18 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WRG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WRG's earnings are expected to grow with 28.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y44.54%
EPS Next 3Y28.05%
5. Dividend
5.1 Amount
No dividends for WRG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:WRG (6/13/2025, 7:00:00 PM)
2.1
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners49.68%
Inst Owner ChangeN/A
Ins Owners6.6%
Ins Owner ChangeN/A
Market Cap71.06M
Analysts47.5
Price Target2.93 (39.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend12.01
Dividend Growth(5Y)109.05%
DP-154202.54%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-5.63%
Max Revenue beat(2)6.34%
Revenue beat(4)3
Avg Revenue beat(4)1.8%
Min Revenue beat(4)-5.63%
Max Revenue beat(4)6.34%
Revenue beat(8)4
Avg Revenue beat(8)-4.53%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)57.89%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 23.1 | ||
| P/S | 0.31 | ||
| P/FCF | 4.18 | ||
| P/OCF | 1.71 | ||
| P/B | 0.24 | ||
| P/tB | 0.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.19
EYN/A
EPS(NY)0.09
Fwd EY4.33%
FCF(TTM)0.5
FCFY23.91%
OCF(TTM)1.23
OCFY58.64%
SpS6.8
BVpS8.71
TBVpS8.71
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.46% | ||
| ROE | -2.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 27.61% | ||
| FCFM | 7.38% |
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
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 3YN/A
PM growth 5YN/A
GM growth 3Y17.12%
GM growth 5Y8.53%
F-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 6.43 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 60.85% | ||
| Cap/Sales | 10.73% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | -245.81 |
F-Score5
WACC1.34%
ROIC/WACCN/A
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)35.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.13%
EPS Next Y103.96%
EPS Next 2Y44.54%
EPS Next 3Y28.05%
EPS Next 5YN/A
Revenue 1Y (TTM)6.43%
Revenue growth 3Y2548.71%
Revenue growth 5Y559.32%
Sales Q2Q%11.34%
Revenue Next Year9.05%
Revenue Next 2Y5.29%
Revenue Next 3Y4.33%
Revenue Next 5Y4.74%
EBIT growth 1Y-3432380%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year100.04%
EBIT Next 3Y26%
EBIT Next 5YN/A
FCF growth 1Y350.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y46.1%
OCF growth 3YN/A
OCF growth 5YN/A