Trican Well Service Ltd.

DB:TWZ Stock Report

Market Cap: €651.1m

Trican Well Service Valuation

Is TWZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TWZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TWZ (€3.32) is trading below our estimate of fair value (€3.97)

Significantly Below Fair Value: TWZ is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TWZ?

Key metric: As TWZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TWZ. This is calculated by dividing TWZ's market cap by their current earnings.
What is TWZ's PE Ratio?
PE Ratio8.6x
EarningsCA$110.64m
Market CapCA$947.64m

Price to Earnings Ratio vs Peers

How does TWZ's PE Ratio compare to its peers?

The above table shows the PE ratio for TWZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
VH2 Friedrich Vorwerk Group
19.9x12.9%€559.0m
ETG EnviTec Biogas
9.4xn/a€467.8m
CE2 CropEnergies
15.3x-7.5%€1.0b
CE2 CropEnergies
82.4xn/a€1.2b
TWZ Trican Well Service
8.6x-1.9%€947.6m

Price-To-Earnings vs Peers: TWZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does TWZ's PE Ratio compare vs other companies in the European Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TWZ 8.6xIndustry Avg. 9.4xNo. of Companies7PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TWZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Energy Services industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is TWZ'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.

TWZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio14.3x

Price-To-Earnings vs Fair Ratio: TWZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TWZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.32
€3.77
+13.5%
13.1%€4.47€3.15n/a8
Nov ’25€2.96
€3.77
+27.3%
13.1%€4.47€3.15n/a8
Oct ’25€3.08
€3.90
+26.6%
10.1%€4.46€3.30n/a8
Sep ’25€3.32
€3.97
+19.5%
10.5%€4.51€3.34n/a8
Aug ’25€3.28
€3.97
+20.9%
10.5%€4.51€3.34n/a8
Jul ’25€3.18
€3.75
+18.1%
14.4%€4.58€3.05n/a8
Jun ’25€2.90
€3.75
+29.4%
13.2%€4.56€3.04n/a9
May ’25€2.88
€3.77
+30.9%
12.9%€4.60€3.07n/a9
Apr ’25€2.76
€3.76
+36.4%
12.7%€4.62€3.08n/a9
Mar ’25€2.76
€3.84
+39.1%
12.3%€4.62€3.08n/a9
Feb ’25€2.94
€3.89
+32.2%
11.5%€4.59€3.06n/a9
Jan ’25€2.74
€4.04
+47.4%
9.7%€4.62€3.25n/a8
Dec ’24€2.70
€4.06
+50.4%
6.9%€4.57€3.72n/a8
Nov ’24€3.20
€4.05
+26.4%
7.5%€4.60€3.75€2.968
Oct ’24€3.22
€4.17
+29.4%
7.5%€4.74€3.86€3.088
Sep ’24€3.18
€3.99
+25.5%
6.7%€4.59€3.74€3.328
Aug ’24€2.74
€3.69
+34.7%
12.5%€4.59€3.06€3.2810
Jul ’24€2.38
€3.70
+55.5%
13.9%€4.63€2.91€3.1810
Jun ’24€2.16
€3.70
+71.3%
13.9%€4.63€2.91€2.9010
May ’24€2.10
€3.66
+74.2%
15.0%€4.59€2.72€2.8810
Apr ’24€2.04
€3.71
+81.7%
14.2%€4.59€2.72€2.7610
Mar ’24€2.50
€3.97
+58.8%
8.5%€4.70€3.48€2.7610
Feb ’24€2.32
€4.08
+75.8%
9.3%€4.67€3.46€2.9410
Jan ’24€2.46
€4.17
+69.4%
9.1%€4.71€3.49€2.7410
Dec ’23€2.82
€4.33
+53.4%
9.7%€4.91€3.64€2.7010
Nov ’23€2.72
€4.01
+47.6%
11.2%€4.65€3.16€3.2010

Analyst Forecast: Target price is less than 20% higher than the current share price.

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