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Enerflex

OTCPK:ENRF.F
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ENRF.F
OTCPK
CA$2B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

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 last earnings update was 28 days ago. More info.


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ENRF.F Share Price and Events
7 Day Returns
-0%
OTCPK:ENRF.F
2.5%
US Energy Services
1.2%
US Market
1 Year Returns
17.8%
OTCPK:ENRF.F
-27.2%
US Energy Services
3%
US Market
ENRF.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enerflex (ENRF.F) -0% 18.6% 29.6% 17.8% 96.6% -1.6%
US Energy Services 2.5% -1.3% 18.3% -27.2% -34% -60.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • ENRF.F outperformed the Energy Services industry which returned -27.2% over the past year.
  • ENRF.F outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
ENRF.F
Industry
5yr Volatility vs Market

Value

 Is Enerflex undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Enerflex to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Enerflex.

OTCPK:ENRF.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:ENRF.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.039 (1 + (1- 26.5%) (25.26%))
1.155
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.16
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.155 * 5.96%)
9.62%

Discounted Cash Flow Calculation for OTCPK:ENRF.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Enerflex is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:ENRF.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 9.62%)
2019 90.77 Analyst x3 82.80
2020 202.15 Analyst x4 168.24
2021 226.58 Est @ 12.09% 172.04
2022 247.61 Est @ 9.28% 171.51
2023 265.72 Est @ 7.31% 167.91
2024 281.51 Est @ 5.94% 162.28
2025 295.52 Est @ 4.98% 155.41
2026 308.23 Est @ 4.3% 147.88
2027 320.04 Est @ 3.83% 140.08
2028 331.24 Est @ 3.5% 132.26
Present value of next 10 years cash flows CA$1,500.41
OTCPK:ENRF.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$331.24 × (1 + 2.73%) ÷ (9.62% – 2.73%)
CA$4,942.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$4,942.26 ÷ (1 + 9.62%)10
CA$1,973.41
OTCPK:ENRF.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$1,500.41 + CA$1,973.41
CA$3,473.82
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$3,473.82 / 89.08
CA$39
OTCPK:ENRF.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:ENRF.F represents 0.7542x of TSX:EFX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.7542x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 39.00 x 0.7542
$29.41
Value per share (USD) From above. $29.41
Current discount Discount to share price of $14.90
= -1 x ($14.90 - $29.41) / $29.41
49.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Enerflex is available for.
Intrinsic value
49%
Share price is $14.9 vs Future cash flow value of $29.41
Current Discount Checks
For Enerflex to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Enerflex's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Enerflex's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Enerflex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enerflex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ENRF.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$1.14
TSX:EFX Share Price ** TSX (2019-03-18) in CAD CA$19.76
United States of America Energy Services Industry PE Ratio Median Figure of 26 Publicly-Listed Energy Services Companies 18.45x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Enerflex.

OTCPK:ENRF.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:EFX Share Price ÷ EPS (both in CAD)

= 19.76 ÷ 1.14

17.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enerflex is good value based on earnings compared to the US Energy Services industry average.
  • Enerflex is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Enerflex's expected growth come at a high price?
Raw Data
OTCPK:ENRF.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
10.3%per year
United States of America Energy Services Industry PEG Ratio Median Figure of 22 Publicly-Listed Energy Services Companies 0.75x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:ENRF.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.36x ÷ 10.3%

1.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enerflex is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Enerflex's assets?
Raw Data
OTCPK:ENRF.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$14.38
TSX:EFX Share Price * TSX (2019-03-18) in CAD CA$19.76
United States of America Energy Services Industry PB Ratio Median Figure of 88 Publicly-Listed Energy Services Companies 1.02x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:ENRF.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:EFX Share Price ÷ Book Value per Share (both in CAD)

= 19.76 ÷ 14.38

1.37x

* Primary Listing of Enerflex.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enerflex is overvalued based on assets compared to the US Energy Services industry average.
X
Value checks
We assess Enerflex's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Enerflex has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Enerflex expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Enerflex expected to grow at an attractive rate?
  • Enerflex's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Enerflex's earnings growth is positive but not above the United States of America market average.
  • Enerflex's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ENRF.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ENRF.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 10.3%
OTCPK:ENRF.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 10.1%
United States of America Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 40%
United States of America Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 6.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ENRF.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ENRF.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 2,107 264 128 8
2019-12-31 2,186 262 133 8
OTCPK:ENRF.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,703 243 101
2018-09-30 1,686 147 96
2018-06-30 1,556 214 83
2018-03-31 1,584 203 84
2017-12-31 1,553 179 98
2017-09-30 1,447 171 25
2017-06-30 1,394 92 17
2017-03-31 1,214 43 12
2016-12-31 1,131 92 -105
2016-09-30 1,146 147 -93
2016-06-30 1,309 126 -79
2016-03-31 1,445 133 -68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Enerflex's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Enerflex's revenue is expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ENRF.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Enerflex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ENRF.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.44 1.65 1.17 4.00
2019-12-31 1.50 1.73 1.39 4.00
OTCPK:ENRF.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 1.14
2018-09-30 1.08
2018-06-30 0.94
2018-03-31 0.95
2017-12-31 1.10
2017-09-30 0.28
2017-06-30 0.20
2017-03-31 0.15
2016-12-31 -1.28
2016-09-30 -1.17
2016-06-30 -0.99
2016-03-31 -0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Enerflex is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Enerflex's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Enerflex has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Enerflex performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Enerflex's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Enerflex's year on year earnings growth rate has been positive over the past 5 years.
  • Enerflex's 1-year earnings growth exceeds its 5-year average (3.5% vs 0.8%)
  • Enerflex's earnings growth has exceeded the US Energy Services industry average in the past year (3.5% vs -1.8%).
Earnings and Revenue History
Enerflex's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Enerflex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ENRF.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,703.27 101.00 181.51
2018-09-30 1,686.50 95.64 160.02
2018-06-30 1,555.71 83.06 155.70
2018-03-31 1,584.35 83.95 153.92
2017-12-31 1,553.36 97.62 149.64
2017-09-30 1,446.68 25.10 153.43
2017-06-30 1,394.11 17.42 157.49
2017-03-31 1,213.69 12.50 159.95
2016-12-31 1,130.60 -105.09 163.87
2016-09-30 1,145.77 -92.97 178.87
2016-06-30 1,308.56 -78.63 184.78
2016-03-31 1,445.21 -68.50 182.64
2015-12-31 1,629.03 46.59 186.07
2015-09-30 1,771.11 112.14 184.97
2015-06-30 1,796.98 111.25 178.95
2015-03-31 1,832.16 96.51 184.51
2014-12-31 1,696.20 80.23 187.55
2014-09-30 1,545.64 58.85 178.39
2014-06-30 1,485.19 41.22 179.50
2014-03-31 1,371.33 47.96 168.54
2013-12-31 1,405.02 57.72 155.48
2013-09-30 1,476.55 73.96 151.98
2013-06-30 1,455.62 81.74 149.05
2013-03-31 1,499.22 82.73 148.84
2012-12-31 1,501.68 82.25 151.40
2012-09-30 1,463.90 72.97 150.20
2012-06-30 1,376.50 69.00 143.53
2012-03-31 1,268.36 62.13 137.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Enerflex has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Enerflex used its assets less efficiently than the US Energy Services industry average last year based on Return on Assets.
  • Enerflex's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Enerflex's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Enerflex has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Enerflex's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Enerflex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enerflex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Enerflex's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Enerflex's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Enerflex Company Filings, last reported 2 months ago.

OTCPK:ENRF.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,282.52 444.71 326.86
2018-09-30 1,199.80 426.27 267.12
2018-06-30 1,190.81 485.06 305.84
2018-03-31 1,166.87 444.84 209.43
2017-12-31 1,134.47 460.01 227.28
2017-09-30 1,115.16 463.13 260.37
2017-06-30 1,128.63 351.85 181.45
2017-03-31 1,139.67 384.81 157.16
2016-12-31 1,117.63 393.96 167.56
2016-09-30 1,158.96 412.03 162.36
2016-06-30 1,025.71 540.09 162.72
2016-03-31 1,015.51 540.17 160.26
2015-12-31 1,158.04 578.64 158.08
2015-09-30 1,161.80 591.78 135.15
2015-06-30 1,098.94 522.33 110.12
2015-03-31 1,078.57 507.52 111.86
2014-12-31 1,019.98 505.08 158.07
2014-09-30 976.73 450.09 114.11
2014-06-30 956.14 415.39 129.59
2014-03-31 960.01 88.13 219.23
2013-12-31 931.66 92.94 181.97
2013-09-30 915.89 88.66 101.99
2013-06-30 913.41 95.78 78.08
2013-03-31 907.64 110.78 151.64
2012-12-31 886.68 96.47 144.99
2012-09-30 860.62 121.50 125.62
2012-06-30 857.05 148.00 102.93
2012-03-31 843.64 115.90 87.97
  • Enerflex's level of debt (34.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (10% vs 34.7% today).
  • Debt is well covered by operating cash flow (54.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.4x coverage).
X
Financial health checks
We assess Enerflex's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Enerflex has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Enerflex's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.13%
Current annual income from Enerflex dividends. Estimated to be 2.13% next year.
If you bought $2,000 of Enerflex shares you are expected to receive $43 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Enerflex's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Enerflex's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ENRF.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 3.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ENRF.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.42 5.00
2019-12-31 0.42 5.00
OTCPK:ENRF.F Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-02-21 0.420 2.153
2018-11-08 0.420 2.517
2018-08-09 0.380 2.357
2018-05-03 0.380 2.609
2018-02-22 0.380 2.393
2017-11-09 0.380 2.485
2017-08-10 0.340 2.007
2017-05-04 0.340 1.892
2017-03-03 0.340 1.799
2016-11-09 0.340 1.946
2016-08-04 0.340 2.492
2016-05-04 0.340 3.230
2016-02-25 0.340 3.171
2015-11-05 0.340 2.653
2015-08-07 0.340 2.720
2015-05-06 0.340 2.523
2015-02-26 0.340 2.187
2014-11-06 0.340 2.100
2014-08-08 0.300 1.605
2014-05-12 0.300 1.613
2014-02-27 0.300 1.743
2013-11-07 0.300 2.033
2013-08-14 0.280 1.992
2013-05-13 0.280 2.042
2013-03-01 0.280 2.073
2012-11-12 0.280 2.357
2012-08-09 0.240 1.982
2012-05-10 0.240 2.170
2012-02-16 0.240 2.048
2011-11-09 0.240 1.932
2011-08-10 0.240 2.470
2011-06-09 0.240 1.975
2011-06-08 0.240 1.768
2011-06-03 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Enerflex has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Enerflex only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Enerflex's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess Enerflex's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Enerflex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enerflex has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Enerflex's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Goertzen
COMPENSATION CA$4,019,497
AGE 59
TENURE AS CEO 12.8 years
CEO Bio

Mr. John Blair Goertzen served as the President of Enerflex Ltd. from April 14, 2005 to May 05, 2019 and served as its Chief Executive Officer from June 1, 2006 to May 03, 2019. Mr. Goertzen served as Chief Operating Officer of Enerflex Ltd. April 14, 2005 to June 1, 2006 and its Executive Vice President from June 19, 2003 to April 14, 2005. From September 1999 to May 2003, he served as the President of IPEC Ltd. He served as Chief Executive Officer and President of Enerflex AustralAsia Holdings Pty. Ltd. He served as Chief Operating Officer of EnSource Energy Services, Inc. He served as an Executive Vice President of Flint Energy Services (Formerly known as URS Flint). From 1989 to 1999, he served as Vice President of Enserv Corporation. He served as Chief Operating Officer and Executive Vice-President of Precision Drilling Corporation. He has been an Independent Director of Winalta Inc. since April 24, 2007. He served as an Independent Director at Zedcor Energy Inc. from 2007 to January 15, 2018. With over 40 years in the energy services industry, Mr. Goertzen played an integral role in shaping Zedcor. He has been a Director of C-TECH Oilwell Technologies, Inc. (Alternate Names: C-Tech Energy Services Inc.) since May 15, 2003. He served as a Director of Enerflex Ltd. from 2011 to May 03, 2019. Mr. Goertzen has been a Director of the Red Deer Regional Health.

CEO Compensation
  • John's compensation has increased by more than 20% in the past year.
  • John's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Enerflex management team in years:

9.1
Average Tenure
48
Average Age
  • The average tenure for the Enerflex management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

John Goertzen

TITLE
CEO, President & Director
COMPENSATION
CA$4M
AGE
59
TENURE
12.8 yrs

D. Harbilas

TITLE
Executive VP & CFO
COMPENSATION
CA$2M
AGE
48
TENURE
11.6 yrs

Marc Rossiter

TITLE
Executive VP & COO
COMPENSATION
CA$2M
AGE
46
TENURE
0.8 yrs

Patricia Martinez

TITLE
President of Latin America Operations
COMPENSATION
CA$2M
AGE
43

Phil Pyle

TITLE
President of International
COMPENSATION
CA$2M
AGE
52

Jamie Plosz

TITLE
Director of Marketing & Public Relations
TENURE
4.7 yrs

Warren Breedlove

TITLE
VP & General Counsel

Carol Ionel

TITLE
VP of Human Resources and Director of Training & Change Management
TENURE
7 yrs

Toufic Khalik

TITLE
Managing Director of ME
TENURE
11.2 yrs

Greg Stewart

TITLE
President
COMPENSATION
CA$742K
Board of Directors Tenure

Average tenure and age of the Enerflex board of directors in years:

7.8
Average Tenure
61
Average Age
  • The tenure for the Enerflex board of directors is about average.
Board of Directors

Steve Savidant

TITLE
Chairman of the Board
COMPENSATION
CA$288K
AGE
69

John Goertzen

TITLE
CEO, President & Director
COMPENSATION
CA$4M
AGE
59
TENURE
8.2 yrs

Bob Boswell

TITLE
Independent Director
COMPENSATION
CA$190K
AGE
69
TENURE
7.8 yrs

Stan Marshall

TITLE
Independent Director
COMPENSATION
CA$174K
AGE
67
TENURE
7.8 yrs

Kevin Reinhart

TITLE
Director
COMPENSATION
CA$113K
AGE
59
TENURE
1.8 yrs

Michael Weill

TITLE
Independent Director
COMPENSATION
CA$183K
AGE
61
TENURE
7.8 yrs

William Dunn

TITLE
Independent Director
COMPENSATION
CA$175K
AGE
65
TENURE
7.8 yrs

Helen Wesley

TITLE
Independent Director
COMPENSATION
CA$158K
AGE
48
TENURE
5.6 yrs

Maureen Jackson

TITLE
Director
COMPENSATION
CA$103K
AGE
60
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Enerflex's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Enerflex has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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.

Details
Name: Enerflex Ltd.
ENRF.F
Exchange: OTCPK
Founded: 1980
CA$1,320,480,057
89,083,621
Website: http://www.enerflex.com
Address: Enerflex Ltd.
1331 Macleod Trail SE,
Suite 904,
Calgary,
Alberta, T2G OK3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX EFX New Common Shares The Toronto Stock Exchange CA CAD 03. Jun 2011
OTCPK ENRF.F New Common Shares Pink Sheets LLC US USD 03. Jun 2011
DB 7EX New Common Shares Deutsche Boerse AG DE EUR 03. Jun 2011
Number of employees
Current staff
Staff numbers
2,300
Enerflex employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:33
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/03/06
Last earnings filing: 2019/02/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.