Calfrac Well Services

Modernizing Fleet And Expansion Into Vaca Muerta Will Improve Future Efficiency

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

10 Feb 25

Updated

10 Aug 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-11.2%

7D

-3.1%

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1Y

-11.2%

7D

-3.1%

You can edit this narrative until Aug 10 11:35 PM. Then, changes will post as Updates.

Author's Valuation

CA$4.524.2% undervalued

AnalystConsensusTarget Fair Value

Shared on 10 Aug 25

Fair value Increased 8.00%

The upward revision in Calfrac Well Services' price target reflects a substantial improvement in net profit margin and a markedly lower future P/E ratio, resulting in a new consensus fair value of CA$4.50. Valuation Changes Summary of Valuation Changes for Calfrac Well Services The Consensus Analyst Price Target has risen from CA$4.17 to CA$4.50.

Shared on 01 May 25

Fair value Decreased 11%

Shared on 23 Apr 25

Fair value Decreased 5.07%

AnalystConsensusTarget has decreased revenue growth from -0.6% to -2.1%, decreased profit margin from 4.1% to 0.7% and increased future PE multiple from 8.6x to 51.4x.

Shared on 17 Apr 25

Fair value Decreased 1.79%

AnalystConsensusTarget has decreased revenue growth from 1.6% to -0.6% and increased profit margin from 3.7% to 4.1%.

Shared on 09 Apr 25

AnalystConsensusTarget has decreased discount rate from 10.3% to 9.1%.

Shared on 02 Apr 25

Fair value Increased 2.66%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 24%

AnalystConsensusTarget has increased future PE multiple from 7.5x to 9.4x.

Shared on 19 Mar 25

Fair value Decreased 5.68%

AnalystConsensusTarget has decreased revenue growth from -0.4% to 1.6% and decreased future PE multiple from 10.5x to 7.5x.

Shared on 13 Mar 25

Fair value Increased 2.04%

AnalystConsensusTarget Fair Value

CA$4.5

24.2% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

-2.25%

Energy Services revenue growth rate

0.13%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.87%

Calculation

CA$55.99m

Earnings '28

x

8.93x

PE Ratio '28

=

CA$499.73m

Market Cap '28

CA$499.73m

Market Cap '28

/

86.17m

No. shares '28

=

CA$5.80

Share Price '28

CA$5.80 Share Price '28

Discounted to 2025 @ 8.89% p.a.

=

CA$4.49

Fair Value '25