| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ESN Overview
Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies.
Share Price & News
How has Essential Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESN is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ESN's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
-4.6%
ESN
-2.5%
CA Energy Services
-2.7%
CA Market
1 Year Return
113.8%
ESN
79.8%
CA Energy Services
29.3%
CA Market
Return vs Industry: ESN exceeded the Canadian Energy Services industry which returned 79.8% over the past year.
Return vs Market: ESN exceeded the Canadian Market which returned 29.3% over the past year.
Shareholder returns
| ESN | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | -2.5% | -2.7% |
| 30 Day | 5.1% | 7.3% | -0.4% |
| 90 Day | -10.1% | -9.4% | -0.4% |
| 1 Year | 113.8%113.8% | 81.9%79.8% | 33.2%29.3% |
| 3 Year | -33.3%-33.3% | -49.6%-53.8% | 29.7%17.5% |
| 5 Year | -52.3%-52.3% | -59.9%-63.9% | 50.2%27.9% |
Long-Term Price Volatility Vs. Market
How volatile is Essential Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Estimating The Intrinsic Value Of Essential Energy Services Ltd. (TSE:ESN)4 months ago | Simply Wall St
Should Shareholders Reconsider Essential Energy Services Ltd.'s (TSE:ESN) CEO Compensation Package?Essential Energy Services Fundamentals Summary
| ESN fundamental statistics | |
|---|---|
| Market Cap | CA$45.39m |
| Earnings (TTM) | -CA$13.37m |
| Revenue (TTM) | CA$96.39m |
0.5x
P/S Ratio-3.3x
P/E RatioIs ESN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ESN income statement (TTM) | |
|---|---|
| Revenue | CA$96.39m |
| Cost of Revenue | CA$71.93m |
| Gross Profit | CA$24.45m |
| Expenses | CA$37.82m |
| Earnings | -CA$13.37m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.094 |
| Gross Margin | 25.37% |
| Net Profit Margin | -13.87% |
| Debt/Equity Ratio | 0.2% |
How did ESN perform over the long term?
See historical performance and comparisonValuation
Is Essential Energy Services undervalued compared to its fair value and its price relative to the market?
27.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ESN (CA$0.31) is trading below our estimate of fair value (CA$0.43)
Significantly Below Fair Value: ESN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ESN is unprofitable, so we can't compare its PE Ratio to the Canadian Energy Services industry average.
PE vs Market: ESN 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 ESN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESN is good value based on its PB Ratio (0.3x) compared to the CA Energy Services industry average (0.7x).
Future Growth
How is Essential Energy Services forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
30.7%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ESN's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if ESN's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ESN's revenue (30.7% per year) is forecast to grow faster than the Canadian market (6.2% per year).
High Growth Revenue: ESN's revenue (30.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ESN's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Essential Energy Services performed over the past 5 years?
38.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESN is currently unprofitable.
Growing Profit Margin: ESN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ESN is unprofitable, but has reduced losses over the past 5 years at a rate of 38.2% per year.
Accelerating Growth: Unable to compare ESN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ESN is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-19%).
Return on Equity
High ROE: ESN has a negative Return on Equity (-10.55%), as it is currently unprofitable.
Financial Health
How is Essential Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: ESN's short term assets (CA$64.6M) exceed its short term liabilities (CA$17.0M).
Long Term Liabilities: ESN's short term assets (CA$64.6M) exceed its long term liabilities (CA$13.9M).
Debt to Equity History and Analysis
Debt Level: ESN's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ESN's debt to equity ratio has reduced from 14.7% to 0.2% over the past 5 years.
Balance Sheet
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 ESN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ESN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.9% per year.
Dividend
What is Essential Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ESN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ESN'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 ESN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ESN is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Garnet Amundson (59 yo)
13.42yrs
Tenure
CA$1,175,198
Compensation
Mr. Garnet K. Amundson has been the Chief Executive Officer, President and Director of Essential Energy Services Ltd. since April 2008. Mr. Amundson served as the Chief Executive Officer and President of E...
CEO Compensation Analysis
Compensation vs Market: Garnet's total compensation ($USD918.04K) is above average for companies of similar size in the Canadian market ($USD160.50K).
Compensation vs Earnings: Garnet's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ESN's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: ESN's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Essential Energy Services Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Essential Energy Services Ltd.
- Ticker: ESN
- Exchange: TSX
- Founded: 2010
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$45.394m
- Shares outstanding: 141.86m
- Website: https://www.essentialenergy.ca
Number of Employees
Location
- Essential Energy Services Ltd.
- Livingston Place West
- Suite 1100
- Calgary
- Alberta
- T2P 0C1
- Canada
Listings
Biography
Essential Energy Services Ltd., together with its subsidiaries, provides oilfield services to oil and gas exploration and production companies. The company operates in two segments, Essential Coil Well Ser...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/20 22:35 |
| End of Day Share Price | 2021/09/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.