How does W1T's PS Ratio compare to its peers?

W1T is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.6x).

How does W1T's PS Ratio compare vs other companies in the European Energy Services Industry?

W1T is good value based on its Price-To-Sales Ratio (0.4x) compared to the European Energy Services industry average (0.8x).

What is W1T's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

W1T is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

What is the Fair Price of W1T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

W1T (€1.79) is trading below our estimate of [[fair value]] (€2.96)

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

Insufficient data to show price forecast.

Western Energy Services (DB:W1T) - Stock Price, News & Analysis

W1T Stock Overview

Operates as an oilfield service company in Canada and the United States. More details

W1T fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 39.5% below our estimate of its fair value

Earnings have grown 50.2% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (€91M)

Volatile share price over the past 3 months compared to the German market

Western Energy Services Corp. Competitors

Daldrup & Söhne

XTRA:4DS

€47.9m

Deutsche Rohstoff

XTRA:DR0

€165.6m

AKITA Drilling

TSX:AKT.A

CA$65.4m

SC Foraj Sonde SA Craiova

BVB:FOSB

RON 311.6m

Price History & Performance

Summary of all time highs, changes and price drops for Western Energy Services
Historical stock prices
Current Share Price	CA$1.79
52 Week High	CA$2.08
52 Week Low	CA$1.60
Beta	1.47
11 Month Change	4.07%
3 Month Change	-8.67%
1 Year Change	-11.39%
33 Year Change	-92.19%
5 Year Change	-81.58%
Change since IPO	-99.65%

Recent updates

Shareholder Returns

	W1T	DE Energy Services	DE Market
7D	0%	-1.6%	0.8%
1Y	-11.4%	11.4%	9.1%

Return vs Industry: W1T underperformed the German Energy Services industry which returned 13.4% over the past year.

Return vs Market: W1T underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is W1T's price volatile compared to industry and market?
W1T volatility
W1T Average Weekly Movement	7.2%
Energy Services Industry Average Movement	5.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: W1T's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: W1T's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
n/a	675	Alex R. MacAusland	www.wesc.ca

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment.

Western Energy Services Corp. Fundamentals Summary

How do Western Energy Services's earnings and revenue compare to its market cap?
W1T fundamental statistics
Market cap	€62.04m
Earnings (TTM)	-€5.02m
Revenue (TTM)	€149.66m

0.4x

P/S Ratio

-12.3x

P/E Ratio

Is W1T overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
W1T income statement (TTM)
Revenue	CA$219.61m
Cost of Revenue	CA$155.16m
Gross Profit	CA$64.46m
Other Expenses	CA$71.83m
Earnings	-CA$7.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.22
Gross Margin	29.35%
Net Profit Margin	-3.36%
Debt/Equity Ratio	34.1%

How did W1T perform over the long term?

See historical performance and comparison

W1T Stock Overview

Rewards

Risk Analysis

Western Energy Services Corp. Competitors

XTRA:4DS

€47.9m

XTRA:DR0

€165.6m

TSX:AKT.A

CA$65.4m

BVB:FOSB

RON 311.6m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Third quarter 2024 earnings released: CA$0.037 loss per share (vs CA$0.04 loss in 3Q 2023)

Second quarter 2024 earnings released: CA$0.15 loss per share (vs CA$0.23 loss in 2Q 2023)

Western Energy Services Corp. Announces the Appointment of Gavin Lane as Chief Financial Officer

Western Energy Services Corp. Announces the Appointment of Gavin Lane as Chief Financial Officer

Insider recently sold €351k worth of stock

Recent updates

New minor risk - Share price stability

Third quarter 2024 earnings released: CA$0.037 loss per share (vs CA$0.04 loss in 3Q 2023)

Second quarter 2024 earnings released: CA$0.15 loss per share (vs CA$0.23 loss in 2Q 2023)

Western Energy Services Corp. Announces the Appointment of Gavin Lane as Chief Financial Officer

Western Energy Services Corp. Announces the Appointment of Gavin Lane as Chief Financial Officer

Insider recently sold €351k worth of stock

Western Energy Services Corp. Announces Resignation of Jeffrey K. Bowers as CFO

Western Energy Services Corp. Announces Resignation of Jeffrey K. Bowers as Senior VP Finance & Corporate Secretary

First quarter 2024 earnings released: EPS: CA$0.044 (vs CA$0.13 in 1Q 2023)

Full year 2023 earnings released: CA$0.21 loss per share (vs CA$1.23 profit in FY 2022)

Western Energy Services Corp., Annual General Meeting, Apr 24, 2024

New minor risk - Share price stability

Third quarter 2023 earnings released: CA$0.04 loss per share (vs CA$0.024 profit in 3Q 2022)

Now 25% undervalued

Now 20% undervalued

Second quarter 2023 earnings released: CA$0.23 loss per share (vs CA$2.16 profit in 2Q 2022)

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released

Full year 2022 earnings released: EPS: CA$1.23 (vs CA$47.46 loss in FY 2021)

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CA$0.024 (vs CA$14.03 loss in 3Q 2021)

Investor sentiment deteriorated over the past week

High number of new directors

Second quarter 2022 earnings released: EPS: CA$0.018 (vs CA$0.14 loss in 2Q 2021)

Insufficient new directors

Western Energy Services Corp. Announces Board Changes

Insider recently bought €67k worth of stock

Western Energy Services Corp., Annual General Meeting, Jun 29, 2022

Western Energy Services Corp. has completed a Follow-on Equity Offering in the amount of CAD 31.50188 million.

Western Energy Services Corp. has completed a Follow-on Equity Offering in the amount of CAD 31.50188 million.

First quarter 2022 earnings released: CA$0.044 loss per share (vs CA$0.071 loss in 1Q 2021)

Western Energy Services Corp. to Report Q1, 2022 Results on May 05, 2022

Third quarter 2021 earnings released: CA$0.12 loss per share (vs CA$0.12 loss in 3Q 2020)

Second quarter 2021 earnings released: CA$0.14 loss per share (vs CA$0.088 loss in 2Q 2020)

First quarter 2021 earnings released: CA$0.071 loss per share (vs CA$0.17 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.45 loss per share (vs CA$0.88 loss in FY 2019)

New 90-day high: €0.30

Full year 2020 earnings released: CA$0.45 loss per share (vs CA$0.88 loss in FY 2019)

Revenue misses expectations

Western Energy Services Corp., Annual General Meeting, Apr 27, 2021

New 90-day high: €0.25

New 90-day high: €0.21

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

Shareholder Returns

Price Volatility

About the Company

Western Energy Services Corp. Fundamentals Summary

0.4x

-12.3x

Earnings & Revenue