Total Energy Services Valuation
Is TOT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TOT?
Other financial metrics that can be useful for relative valuation.
| What is TOT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$356.69m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does TOT's PE Ratio compare to its peers?
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.4x | ||
CFW Calfrac Well Services | 3.8x | 10.8% | CA$337.2m |
TVK TerraVest Industries | 10.6x | n/a | CA$496.7m |
STEP STEP Energy Services | 2.1x | 3.2% | CA$223.4m |
CEU CES Energy Solutions | 5.1x | 8.2% | CA$598.9m |
TOT Total Energy Services | 6x | n/a | CA$356.7m |
Price-To-Earnings vs Peers: TOT is expensive based on its Price-To-Earnings Ratio (6x) compared to the peer average (5.4x).
Price to Earnings Ratio vs Industry
How does TOT's PE Ratio compare vs other companies in the CA Energy Services Industry?
Price-To-Earnings vs Industry: TOT is good value based on its Price-To-Earnings Ratio (6x) compared to the Canadian Energy Services industry average (7.1x)
Price to Earnings Ratio vs Fair Ratio
What is TOT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 6x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TOT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TOT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TOT (CA$8.84) is trading below our estimate of fair value (CA$26.55)
Significantly Below Fair Value: TOT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CA$8.84 | CA$15.67 +77.2% | 10.8% | CA$18.00 | CA$14.00 | n/a | 3 |
| May ’24 | CA$7.90 | CA$13.92 +76.2% | 9.8% | CA$15.75 | CA$12.50 | n/a | 3 |
| Apr ’24 | CA$8.28 | CA$14.67 +77.1% | 11.2% | CA$16.50 | CA$12.50 | n/a | 3 |
| Mar ’24 | CA$8.86 | CA$15.38 +73.5% | 9.0% | CA$16.50 | CA$13.00 | n/a | 4 |
| Feb ’24 | CA$8.93 | CA$15.38 +72.2% | 9.0% | CA$16.50 | CA$13.00 | n/a | 4 |
| Jan ’24 | CA$8.61 | CA$15.25 +77.1% | 8.5% | CA$16.00 | CA$13.00 | n/a | 4 |
| Dec ’23 | CA$8.78 | CA$15.25 +73.7% | 8.5% | CA$16.00 | CA$13.00 | n/a | 4 |
| Nov ’23 | CA$8.33 | CA$12.63 +51.6% | 12.0% | CA$14.50 | CA$10.50 | n/a | 4 |
| Oct ’23 | CA$6.46 | CA$12.88 +99.3% | 9.3% | CA$14.50 | CA$11.50 | n/a | 4 |
| Sep ’23 | CA$7.10 | CA$12.88 +81.3% | 9.3% | CA$14.50 | CA$11.50 | n/a | 4 |
| Aug ’23 | CA$7.71 | CA$12.50 +62.1% | 8.5% | CA$13.50 | CA$11.00 | n/a | 4 |
| Jul ’23 | CA$7.47 | CA$12.31 +64.8% | 7.5% | CA$13.50 | CA$11.00 | n/a | 4 |
| Jun ’23 | CA$9.29 | CA$12.31 +32.5% | 7.5% | CA$13.50 | CA$11.00 | n/a | 4 |
| May ’23 | CA$8.07 | CA$11.81 +46.4% | 9.1% | CA$12.75 | CA$10.00 | CA$7.90 | 4 |
| Apr ’23 | CA$8.06 | CA$10.31 +27.9% | 15.1% | CA$12.25 | CA$8.00 | CA$8.28 | 4 |
| Mar ’23 | CA$6.38 | CA$9.06 +42.0% | 15.9% | CA$10.75 | CA$7.00 | CA$8.86 | 4 |
| Feb ’23 | CA$6.91 | CA$9.06 +31.2% | 15.9% | CA$10.75 | CA$7.00 | CA$8.93 | 4 |
| Jan ’23 | CA$6.03 | CA$8.44 +39.9% | 12.3% | CA$9.75 | CA$7.00 | CA$8.61 | 4 |
| Dec ’22 | CA$5.39 | CA$8.44 +56.5% | 12.3% | CA$9.75 | CA$7.00 | CA$8.78 | 4 |
| Nov ’22 | CA$4.97 | CA$7.19 +44.6% | 10.3% | CA$8.25 | CA$6.50 | CA$8.33 | 4 |
| Oct ’22 | CA$4.68 | CA$6.25 +33.5% | 17.4% | CA$8.00 | CA$5.00 | CA$6.46 | 4 |
| Sep ’22 | CA$4.11 | CA$6.25 +52.1% | 17.4% | CA$8.00 | CA$5.00 | CA$7.10 | 4 |
| Aug ’22 | CA$4.02 | CA$6.25 +55.5% | 11.0% | CA$7.25 | CA$5.50 | CA$7.71 | 4 |
| Jul ’22 | CA$4.50 | CA$5.81 +29.2% | 12.7% | CA$6.50 | CA$4.75 | CA$7.47 | 4 |
| Jun ’22 | CA$3.91 | CA$5.38 +37.5% | 11.6% | CA$6.00 | CA$4.75 | CA$9.29 | 4 |
| May ’22 | CA$3.90 | CA$5.75 +47.4% | 9.7% | CA$6.50 | CA$5.00 | CA$8.07 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.