CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has CES Energy Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CEU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CEU's weekly volatility (10%) has been stable over the past year.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: CEU exceeded the Canadian Energy Services industry which returned -39.7% over the past year.
Return vs Market: CEU underperformed the Canadian Market which returned 0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CES Energy Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEarnings Update: CES Energy Solutions Corp. (TSE:CEU) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
2 weeks ago | Simply Wall StWhat CES Energy Solutions' (TSE:CEU) Returns On Capital Can Tell Us
1 month ago | Simply Wall StDo Institutions Own CES Energy Solutions Corp. (TSE:CEU) Shares?
Is CES Energy Solutions undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CEU (CA$1.22) is trading above our estimate of fair value (CA$0.22)
Significantly Below Fair Value: CEU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CEU is unprofitable, so we can't compare its PE Ratio to the CA Energy Services industry average.
PE vs Market: CEU is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CEU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CEU is overvalued based on its PB Ratio (0.7x) compared to the CA Energy Services industry average (0.5x).
How is CES Energy Solutions forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEU is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CEU is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CEU is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CEU's revenue (4.3% per year) is forecast to grow slower than the Canadian market (6.2% per year).
High Growth Revenue: CEU's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEU is forecast to be unprofitable in 3 years.
How has CES Energy Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEU is currently unprofitable.
Growing Profit Margin: CEU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CEU is unprofitable, and losses have increased over the past 5 years at a rate of 7.7% per year.
Accelerating Growth: Unable to compare CEU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CEU is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-54.8%).
Return on Equity
High ROE: CEU has a negative Return on Equity (-56.75%), as it is currently unprofitable.
How is CES Energy Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: CEU's short term assets (CA$367.3M) exceed its short term liabilities (CA$92.5M).
Long Term Liabilities: CEU's short term assets (CA$367.3M) exceed its long term liabilities (CA$302.8M).
Debt to Equity History and Analysis
Debt Level: CEU's debt to equity ratio (64.2%) is considered high.
Reducing Debt: CEU's debt to equity ratio has increased from 47.8% to 64.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CEU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CEU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.3% per year.
What is CES Energy Solutions's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CEU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CEU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CEU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CEU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CEU is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CEU's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Simons (50 yo)
Mr. Thomas J. Simons, also known as Tom, has been the Chief Executive Officer and President at Canadian Energy Services Inc. since March 2006 and CES Energy Solutions Corp. (formerly known as Canadian Ener...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.69M) is above average for companies of similar size in the Canadian market ($USD593.67K).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||2.08yrs||CA$1.86m||0.064% |
|COO & President of Canadian Operations||14.83yrs||CA$2.72m||0.66% |
|President of US Production Chemicals||2.25yrs||CA$2.74m||0.92% |
|President of US Drilling Fluids||6.83yrs||CA$2.71m||0.17% |
|Director of Legal||no data||no data||no data|
|Corporate Secretary||6.83yrs||no data||0.016% |
Experienced Management: CEU's management team is seasoned and experienced (6.8 years average tenure).
|Independent Director||1.92yrs||CA$75.00k||0.030% |
|Independent Director||14.92yrs||CA$157.50k||0.33% |
|Independent Chairman of the Board||no data||CA$258.00k||0.63% |
|Independent Director||3.17yrs||CA$154.00k||0.048% |
|Independent Director||5.5yrs||CA$162.50k||0.069% |
Experienced Board: CEU's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CEU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CES Energy Solutions Corp.'s company bio, employee growth, exchange listings and data sources
- Name: CES Energy Solutions Corp.
- Ticker: CEU
- Exchange: TSX
- Founded: 1986
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$317.531m
- Shares outstanding: 260.27m
- Website: https://www.cesenergysolutions.com
Number of Employees
- CES Energy Solutions Corp.
- 332-6th Avenue SW
- Suite 1400
- T2P 0B2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CEU||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 2006|
|CESD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2006|
|7C4||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2006|
CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. It provides solutions at the drill-bit, at the point of complet...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 00:06|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.