Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment to the oil and natural gas industry.
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Enerflex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EFX's share price has been volatile over the past 3 months.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: EFX underperformed the Canadian Energy Services industry which returned -36.8% over the past year.
Return vs Market: EFX underperformed the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Enerflex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhat You Must Know About Enerflex Ltd.'s (TSE:EFX) Beta Value
2 weeks ago | Simply Wall StAre Enerflex's (TSE:EFX) Statutory Earnings A Good Reflection Of Its Earnings Potential?
4 weeks ago | Simply Wall StHow Much Of Enerflex Ltd. (TSE:EFX) Do Institutions Own?
Is Enerflex 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: EFX (CA$8.51) is trading below our estimate of fair value (CA$67.36)
Significantly Below Fair Value: EFX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EFX is good value based on its PE Ratio (5x) compared to the Energy Services industry average (14.4x).
PE vs Market: EFX is good value based on its PE Ratio (5x) compared to the Canadian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: EFX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: EFX is good value based on its PB Ratio (0.6x) compared to the CA Energy Services industry average (0.7x).
How is Enerflex forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EFX's earnings are forecast to decline over the next 3 years (-30.7% per year).
Earnings vs Market: EFX's earnings are forecast to decline over the next 3 years (-30.7% per year).
High Growth Earnings: EFX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: EFX's revenue is expected to decline over the next 3 years (-12.2% per year).
High Growth Revenue: EFX's revenue is forecast to decline over the next 3 years (-12.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EFX's Return on Equity is forecast to be low in 3 years time (8%).
How has Enerflex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EFX has a high level of non-cash earnings.
Growing Profit Margin: EFX's current net profit margins (7.4%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: EFX's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: EFX's earnings growth over the past year (50.1%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: EFX earnings growth over the past year (50.1%) exceeded the Energy Services industry 26.1%.
Return on Equity
High ROE: EFX's Return on Equity (11.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Enerflex's financial position?
Financial Position Analysis
Short Term Liabilities: EFX's short term assets (CA$952.6M) exceed its short term liabilities (CA$517.5M).
Long Term Liabilities: EFX's short term assets (CA$952.6M) exceed its long term liabilities (CA$574.2M).
Debt to Equity History and Analysis
Debt Level: EFX's debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: EFX's debt to equity ratio has reduced from 49.5% to 32.1% over the past 5 years.
Debt Coverage: EFX's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: EFX's interest payments on its debt are well covered by EBIT (12.5x coverage).
Inventory Level: EFX has a high level of physical assets or inventory.
Debt Coverage by Assets: EFX's debt is covered by short term assets (assets are 2.2x debt).
What is Enerflex's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: EFX's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Canadian market (2.01%).
High Dividend: EFX's dividend (5.41%) is in the top 25% of dividend payers in the Canadian market (5.38%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EFX has been paying a dividend for less than 10 years.
Growing Dividend: EFX's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.8%), EFX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EFX's dividends in 3 years are forecast to be well covered by earnings (34.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc Rossiter (47yo)
Mr. Marc Edward Rossiter has been President and Chief Executive Officer at Enerflex Ltd., since May 03, 2019. Mr. Rossiter served as an Executive Vice President and Chief Operating Officer of Enerflex Ltd. ...
CEO Compensation Analysis
Compensation vs Market: Marc's total compensation ($USD1.91M) is above average for companies of similar size in the Canadian market ($USD966.52K).
Compensation vs Earnings: Marc's compensation has increased by more than 20% in the past year.
|President of United States of America||0yrs||CA$1.77m||0.017% CA$130.3k|
|President of Latin America Operations||0yrs||CA$2.36m||0.0056% CA$42.8k|
|Senior VP & CFO||0.4yrs||no data||0.000040% CA$305.3|
|Director of Investor Relations||0yrs||no data||no data|
|VP & General Counsel||0yrs||no data||no data|
|Senior VP & General Counsel||0.4yrs||no data||no data|
|Director of Marketing & Public Relations||0yrs||no data||no data|
|VP of Human Resources and Director of Training & Change Management||7.9yrs||no data||no data|
|Managing Director of ME||12.1yrs||no data||no data|
Experienced Management: EFX's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
|Independent Director||8.7yrs||CA$253.60k||0.033% CA$255.3k|
|Independent Director||8.7yrs||CA$239.97k||0.050% CA$378.2k|
|Independent Director||2.8yrs||CA$240.67k||0.024% CA$180.9k|
|Independent Chairman of the Board||0yrs||CA$372.22k||0.028% CA$212.8k|
|Independent Director||8.7yrs||CA$263.13k||0.11% CA$842.5k|
|Independent Director||6.5yrs||CA$242.80k||no data|
|Director||0.8yrs||no data||0.017% CA$129.4k|
|Independent Director||8.7yrs||CA$238.11k||0.0089% CA$68.1k|
|Independent Director||2.8yrs||CA$223.48k||0.0056% CA$42.6k|
Experienced Board: EFX's board of directors are considered experienced (6.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Enerflex Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Enerflex Ltd.
- Ticker: EFX
- Exchange: TSX
- Founded: 1980
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$763.167m
- Shares outstanding: 89.68m
- Website: https://www.enerflex.com
Number of Employees
- Enerflex Ltd.
- 1331 Macleod Trail SE
- Suite 904
- T2G OK3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EFX||TSX (The Toronto Stock Exchange)||Yes||New Common Shares||CA||CAD||Jun 2011|
|7EX||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Jun 2011|
|ENRF.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Jun 2011|
Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment to the oil and natural gas industry. The company provides custom and standard compression packages for reciprocating and screw compressor applications; designs, engineers, manufactures, constructs, and installs modular natural gas processing equipment, and refrigeration and waste gas systems, as well as engages in re-engineering, reconfiguration, and repackaging of compressors for various field applications. It also offers after-market mechanical, parts distribution, operation, maintenance, and overhaul services; and integrated turnkey power generation and gas processing facilities. In addition, the company rents and leases electric and processing equipment, and natural gas compressors totaling approximately 640,000 horsepower. It operates in Canada, the United States, Argentina, Bolivia, Brazil, Colombia, Mexico, Australia, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Indonesia, Malaysia, Thailand, and internationally. Enerflex Ltd. was founded in 1980 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 02:19|
|End of Day Share Price||2020/02/21 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.