ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. More Details
Good value with questionable track record.
Share Price & News
How has ClearStream Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: CSM's weekly volatility has decreased from 37% to 12% over the past year.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: CSM exceeded the Canadian Energy Services industry which returned 59.4% over the past year.
Return vs Market: CSM exceeded the Canadian Market which returned 37.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is ClearStream Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StClearStream Energy Services Inc.'s (TSE:CSM) CEO Compensation Is Looking A Bit Stretched At The Moment
3 months ago | Simply Wall StWe Like The Quality Of ClearStream Energy Services' (TSE:CSM) Earnings
8 months ago | Simply Wall StThe Trends At ClearStream Energy Services (TSE:CSM) That You Should Know About
Is ClearStream Energy Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSM (CA$0.09) is trading below our estimate of fair value (CA$44.87)
Significantly Below Fair Value: CSM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSM is good value based on its PE Ratio (1.8x) compared to the Canadian Energy Services industry average (18.2x).
PE vs Market: CSM is good value based on its PE Ratio (1.8x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CSM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSM has negative assets, so we can't compare its PB Ratio to the CA Energy Services industry average.
How is ClearStream Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ClearStream Energy Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ClearStream Energy Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSM has a large one-off gain of CA$30.5M impacting its March 31 2021 financial results.
Growing Profit Margin: CSM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CSM has become profitable over the past 5 years, growing earnings by 46% per year.
Accelerating Growth: CSM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CSM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (12.9%).
Return on Equity
High ROE: CSM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is ClearStream Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: CSM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CSM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CSM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CSM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CSM's debt is well covered by operating cash flow (48.8%).
Interest Coverage: Insufficient data to determine if CSM's interest payments on its debt are well covered by EBIT.
What is ClearStream Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSM'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 CSM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CSM is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CSM'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
Yves Paletta (55 yo)
Mr. Yves F. Paletta serves as Director at ClearStream Energy Services Inc. since June 19, 2020. He has been the Chief Executive Officer at ClearStream Energy Services Inc. since August 20, 2018. He joined ...
CEO Compensation Analysis
Compensation vs Market: Yves's total compensation ($USD1.06M) is above average for companies of similar size in the Canadian market ($USD160.38K).
Compensation vs Earnings: Yves's compensation has been consistent with company performance over the past year.
Experienced Management: CSM's management team is considered experienced (3.1 years average tenure).
Experienced Board: CSM's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ClearStream Energy Services Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ClearStream Energy Services Inc.
- Ticker: CSM
- Exchange: TSX
- Founded: 1967
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$9.349m
- Shares outstanding: 109.99m
- Website: https://www.clearstreamenergy.ca
Number of Employees
- ClearStream Energy Services Inc.
- 311 – 6th Avenue SW
- Suite 415
- T2P 3H2
ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. The company’s Maintenance and Construction Services segment provides opera...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/14 00:36|
|End of Day Share Price||2021/06/11 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.