Enerflex Ltd.

TSX:EFX Stock Report

Market Cap: CA$4.6b

Enerflex Dividends and Buybacks

Dividend criteria checks 0/6

Enerflex is a dividend paying company with a current yield of 0.44%. Next payment date is on 3rd June, 2026 with an ex-dividend date of 20th May, 2026.

Key information

0.4%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield1.0%
Future Dividend Yield0.4%
Dividend Growth-13.0%
Next dividend pay date03 Jun 26
Ex dividend date20 May 26
Dividend per sharen/a
Payout ratio18%

Recent dividend and buyback updates

Recent updates

Narrative Update May 01

EFX: Future Cash Returns Will Be Shaped By Mixed Outlook For Execution

Enerflex's updated analyst price target edges up to CA$39.36, with analysts pointing to adjustments in revenue growth, profit margin and P/E assumptions that align with recent target increases from firms such as TD Securities and CIBC, as well as a rating change at Raymond James. Analyst Commentary Recent street research on Enerflex has focused on how updated revenue, margin and P/E assumptions feed into higher price targets for the shares, alongside at least one more cautious stance.
Narrative Update Apr 12

EFX: Future Cash Returns Will Be Driven By Rising Share Repurchases

Enerflex's updated fair value estimate edges up to CA$38.64 from CA$37.21 as analysts lift price targets, with TD Securities moving its target to CA$39 and others adjusting assumptions for revenue growth, profit margins, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts are lifting price targets toward CA$39, which broadly aligns with the updated fair value estimate and suggests confidence that current execution supports this valuation range.
Narrative Update Mar 28

EFX: Future Cash Returns Will Be Driven By Growing Share Repurchases

Enerflex's updated analyst price target has increased to CA$39 from CA$28, with analysts pointing to recent target increases at several firms as support for the revised outlook. Analyst Commentary Recent research updates on Enerflex show a mix of enthusiasm around upside potential and some caution around execution risks, which is useful context as you think about valuation and timing.
Narrative Update Mar 11

EFX: Higher Fair Value Assumptions Will Support Future Earnings And Cash Returns

Enerflex's updated analyst price target has shifted from about CA$27 to roughly CA$37, with analysts pointing to revised assumptions for fair value, revenue growth, profit margins, and future P/E to support the change. Analyst Commentary Recent Street research on Enerflex has sent mixed signals, with some analysts lifting price targets while others are turning more cautious.
New Narrative Feb 27

Heavy Reliance On Natural Gas Projects Will Increase Earnings Volatility Over Time

Catalysts About Enerflex Enerflex provides natural gas compression, processing and power generation equipment and related services across North America, Latin America and the Middle East. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 25

EFX: Mixed Rating Shifts Will Shape Future Earnings Execution And Cash Returns

Analysts have modestly lifted their CA$ fair value estimate for Enerflex from about CA$25.93 to roughly CA$26.64, reflecting updated assumptions around revenue growth, discount rates, and future P/E, even as recent Street research includes both a price target increase and a downgrade. Analyst Commentary Recent Street research on Enerflex sends a mixed message, with one report raising the price target and another downgrading the stock.
Narrative Update Feb 10

EFX: Mixed Rating Shifts Will Shape Future Earnings Quality And Cash Returns

Analysts have raised their fair value estimate for Enerflex to about $25.93 from $24.64, reflecting updated views on its discount rate, revenue growth, profit margins, and future P/E assumptions. These revisions are informed by recent mixed Street research, including both a downgrade and a price target increase.
Narrative Update Jan 24

EFX: Earnings Quality And Modular Power Opportunities Will Support Future Cash Returns

Narrative Update Analysts have lifted their price targets on Enerflex by up to $3, citing stronger than expected EBITDA, free cash flow, and EPS, along with improving financial metrics and new modular power opportunities. Analyst Commentary Recent research on Enerflex highlights a mix of optimism around earnings quality and growth opportunities, alongside a more cautious read on how much upside may already be reflected in the shares.
Narrative Update Jan 07

EFX: Expanding Margins And Modular Power Will Support Future Cash Returns

Analysts have raised their price targets on Enerflex, with moves such as RBC Capital increasing its target to $17 from $15 and CIBC raising its target to $15.25 from $11.50. They cited strong recent quarters with EBITDA, free cash flow and EPS ahead of expectations, improving margins, exposure to supportive macro trends, expanding ROCE and financial metrics, and new opportunities in modular power.
Analysis Article Jan 03

Enerflex (TSE:EFX) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 21

EFX: Expanding Margins And Modular Power Will Drive Future Cash Returns

The analyst price target for Enerflex has increased from approximately $23.08 to $24.64 per share, as analysts point to stronger than expected EBITDA, margins, and free cash flow, an improved profit outlook, and a more disciplined capital allocation strategy that supports higher long term valuation multiples. Analyst Commentary Bullish analysts continue to highlight Enerflex's ability to outperform expectations on EBITDA, free cash flow, and earnings, reinforcing confidence in the company's execution and earnings quality.
Narrative Update Dec 07

EFX: Expanding Margins And Modular Power Will Drive Future Shareholder Returns

Analysts modestly increased their price targets on Enerflex, with recent moves such as RBC's lift to $17 from $15 and CIBC's to $15.25 from $11.50. These changes reflect stronger than expected EBITDA, free cash flow, and margins, as well as confidence in positive macro tailwinds and new modular power opportunities.
Narrative Update Nov 22

EFX: Expanding Margins And Capital Allocation Will Drive Shareholder Returns

Analysts have raised their price target for Enerflex, increasing it by several dollars. This adjustment follows a strong quarterly performance, improved margins, and greater confidence in the company's future prospects.
Analysis Article Nov 11

After Leaping 26% Enerflex Ltd. (TSE:EFX) Shares Are Not Flying Under The Radar

Enerflex Ltd. ( TSE:EFX ) shares have continued their recent momentum with a 26% gain in the last month alone. The last...
Analysis Article Nov 08

Enerflex Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Enerflex Ltd. ( TSE:EFX ) just released its third-quarter report and things are looking bullish. It was a solid...
Narrative Update Nov 08

EFX: Strong Quarterly Results Will Drive Free Cash Flow Upside

Analysts have raised Enerflex’s fair value estimate from $18.82 to $23.07 per share, citing stronger-than-expected quarterly results and optimism related to improved margins, capital allocation, and expanding business opportunities. Analyst Commentary Following Enerflex’s recent results and updated guidance, analysts have shared perspectives highlighting both the positive outlook and some lingering notes of caution regarding the company’s valuation, operational execution, and future growth trajectory.
Narrative Update Oct 25

Natural Gas Demand Growth Will Drive Returns as Free Cash Flow Improves

Enerflex's analyst price target has been raised from $18.04 to $18.82. Analysts point to solid operational performance, attractive valuation, and expectations for natural gas demand growth supporting higher shareholder returns.
Narrative Update Oct 10

Rising Global Natural Gas Demand Will Fuel Infrastructure Modernization

Analysts have increased their price target for Enerflex, raising it from approximately $17.18 to $18.04. They cite strengthening natural gas demand, an improved cash flow outlook, and expectations for continued operational progress, which are supporting higher shareholder returns.
Narrative Update Aug 08

Rising Global Natural Gas Demand Will Fuel Infrastructure Modernization

The notable upward revision in Enerflex’s analyst price target is primarily driven by improved consensus revenue growth forecasts and a higher expected future P/E multiple, raising the fair value estimate from CA$16.11 to CA$17.11. Valuation Changes Summary of Valuation Changes for Enerflex The Consensus Analyst Price Target has risen from CA$16.11 to CA$17.11.
Analysis Article Jul 30

Enerflex (TSE:EFX) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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New Narrative May 09

US Fleet Expansion And Permian Gas Production Will Advance Operations

Enerflex is capitalizing on natural gas production growth to drive revenues, targeting expanded U.S. contract compression services.
Analysis Article Apr 10

There Are Reasons To Feel Uneasy About Enerflex's (TSE:EFX) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 17

Is Enerflex Ltd. (TSE:EFX) Trading At A 47% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Enerflex fair value estimate is CA$20.08 Enerflex is estimated...
Analysis Article Feb 26

Investor Optimism Abounds Enerflex Ltd. (TSE:EFX) But Growth Is Lacking

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Energy Services industry in Canada, you could be...
Analysis Article Dec 10

Investors Could Be Concerned With Enerflex's (TSE:EFX) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Nov 15

Enerflex Ltd.'s (TSE:EFX) Shares Climb 27% But Its Business Is Yet to Catch Up

Enerflex Ltd. ( TSE:EFX ) shares have continued their recent momentum with a 27% gain in the last month alone. Looking...
Analysis Article Nov 06

Is Enerflex (TSE:EFX) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 21

Enerflex Ltd.'s (TSE:EFX) Share Price Could Signal Some Risk

There wouldn't be many who think Enerflex Ltd.'s ( TSE:EFX ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention...
Analysis Article Aug 10

The Returns On Capital At Enerflex (TSE:EFX) Don't Inspire Confidence

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 15

Investors Still Aren't Entirely Convinced By Enerflex Ltd.'s (TSE:EFX) Revenues Despite 26% Price Jump

Enerflex Ltd. ( TSE:EFX ) shares have continued their recent momentum with a 26% gain in the last month alone...

Upcoming Dividend Payment

TodayMay 15 2026Ex Dividend DateMay 20 2026Dividend Pay DateJun 03 202614 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EFX is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: EFX is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Enerflex Dividend Yield vs Market
How does EFX dividend yield compare to the market?
SegmentDividend Yield
Company (EFX)0.4%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.4%
Industry Average (Energy Services)1.5%
Analyst forecast (EFX) (up to 3 years)0.4%

Notable Dividend: EFX's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.65%).

High Dividend: EFX's dividend (0.44%) is low compared to the top 25% of dividend payers in the Canadian market (5.49%).


Earnings Payout to Shareholders

Earnings Coverage: EFX is not paying a notable dividend for the Canadian market.


Cash Payout to Shareholders

Cash Flow Coverage: EFX is not paying a notable dividend for the Canadian market.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 20:07
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Enerflex Ltd. is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Tim MonachelloATB Cormark
Sarah HughesATB Cormark Historical (Cormark Securities)