Western Energy Services Corp.

OTCPK:WEEE.F Stock Report

Market Cap: US$65.1m

Western Energy Services Valuation

Is WEEE.F 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: WEEE.F ($1.93) is trading below our estimate of fair value ($3.06)

Significantly Below Fair Value: WEEE.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WEEE.F?

Key metric: As WEEE.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WEEE.F. This is calculated by dividing WEEE.F's market cap by their current revenue.
What is WEEE.F's PS Ratio?
PS Ratio0.4x
SalesCA$219.61m
Market CapCA$91.04m

Price to Sales Ratio vs Peers

How does WEEE.F's PS Ratio compare to its peers?

The above table shows the PS ratio for WEEE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.1x
VTDR.F Vantage Drilling International
1.6xn/aUS$349.0m
PKDC Parker Drilling
0.6xn/aUS$361.2m
NBR Nabors Industries
0.2x9.3%US$738.1m
SDRL Seadrill
1.8x10.8%US$2.7b
WEEE.F Western Energy Services
0.4x3.7%US$91.0m

Price-To-Sales vs Peers: WEEE.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does WEEE.F's PS Ratio compare vs other companies in the US Energy Services Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
KLXE KLX Energy Services Holdings
0.1x3.4%US$106.56m
NINE Nine Energy Service
0.1x3.0%US$61.43m
ENSV Enservco
0.1xn/aUS$2.91m
ICDI Independence Contract Drilling
0.006x6.9%US$1.05m
WEEE.F 0.4xIndustry Avg. 1.0xNo. of Companies9PS00.61.21.82.43+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: WEEE.F is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Energy Services industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is WEEE.F'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.

WEEE.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate WEEE.F's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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