ENERFLEX LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.08 CAD | +1.43% |
|
+2.31% | +15.50% |
| May. 09 | Enerflex's Price Target Lowered to US$8.00 from US$8.71 by RBC Capital Markets Following Q1 Results | MT |
| May. 09 | RBC Lowers Price Target on Enerflex to $8 From $8.71, Keeps Outperform Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,097 | 588.3 | 686.9 | 1,056 | 759.7 | 877.8 | - | - |
| Enterprise Value (EV) 1 | 1,431 | 944.3 | 902.6 | 2,286 | 1,849 | 1,855 | 1,682 | 1,941 |
| P/E ratio | 7.19 x | 6.69 x | -36.5 x | -8.21 x | -6.81 x | 16.7 x | 8.96 x | 12.5 x |
| Yield | 3.52% | 2.67% | 1.11% | 1.17% | 1.63% | 1.67% | 1.67% | 1.41% |
| Capitalization / Revenue | 0.54 x | 0.48 x | 0.72 x | 0.59 x | 0.24 x | 0.27 x | 0.28 x | 0.29 x |
| EV / Revenue | 0.7 x | 0.78 x | 0.94 x | 1.29 x | 0.58 x | 0.57 x | 0.53 x | 0.65 x |
| EV / EBITDA | 4.14 x | 4.94 x | 6.45 x | 10.2 x | 3.6 x | 3.77 x | 3.02 x | 3.41 x |
| EV / FCF | -57.2 x | 15.2 x | 19 x | -21.8 x | 9.56 x | 8.33 x | 7.19 x | 7.33 x |
| FCF Yield | -1.75% | 6.6% | 5.27% | -4.6% | 10.5% | 12% | 13.9% | 13.7% |
| Price to Book | 0.82 x | 0.42 x | 0.51 x | 0.55 x | 0.54 x | 0.59 x | 0.56 x | 0.56 x |
| Nbr of stocks (in thousands) | 89,659 | 89,679 | 89,679 | 123,694 | 123,938 | 123,989 | - | - |
| Reference price 2 | 12.23 | 6.560 | 7.660 | 8.540 | 6.130 | 7.080 | 7.080 | 7.080 |
| Announcement Date | 2/20/20 | 2/24/21 | 2/23/22 | 3/1/23 | 2/28/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,045 | 1,217 | 960.2 | 1,778 | 3,162 | 3,241 | 3,173 | 2,992 |
| EBITDA 1 | 345.8 | 191.3 | 140 | 223.6 | 513 | 492.5 | 556.2 | 568.6 |
| EBIT 1 | 233.9 | 118.1 | 55.1 | -40.8 | 58 | 216.6 | 261.9 | 196.2 |
| Operating Margin | 11.44% | 9.7% | 5.74% | -2.29% | 1.83% | 6.68% | 8.25% | 6.56% |
| Earnings before Tax (EBT) 1 | 215.3 | 95.56 | 38.1 | -79.73 | -68.53 | 77.53 | 161.9 | 94.69 |
| Net income 1 | 152.1 | 88.3 | -18.5 | -100.9 | -110.9 | 40.24 | 108.7 | 49.4 |
| Net margin | 7.44% | 7.25% | -1.93% | -5.68% | -3.51% | 1.24% | 3.42% | 1.65% |
| EPS 2 | 1.700 | 0.9800 | -0.2100 | -1.040 | -0.9000 | 0.4248 | 0.7906 | 0.5645 |
| Free Cash Flow 1 | -25.02 | 62.28 | 47.6 | -105 | 193.3 | 222.5 | 233.9 | 265 |
| FCF margin | -1.22% | 5.12% | 4.96% | -5.91% | 6.11% | 6.87% | 7.37% | 8.86% |
| FCF Conversion (EBITDA) | - | 32.56% | 34% | - | 37.68% | 45.18% | 42.06% | 46.61% |
| FCF Conversion (Net income) | - | 70.54% | - | - | - | 553.03% | 215.29% | 536.47% |
| Dividend per Share 2 | 0.4300 | 0.1750 | 0.0850 | 0.1000 | 0.1000 | 0.1185 | 0.1185 | 0.1000 |
| Announcement Date | 2/20/20 | 2/24/21 | 2/23/22 | 3/1/23 | 2/28/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 321.3 | 323.1 | 372.1 | 392.8 | 689.8 | 825 | 776.7 | 778 | 782 | 874 | 781.5 | 786 | 783.4 | 778 | 746.8 |
| EBITDA 1 | 41.5 | 38.7 | 44.9 | 52.5 | 86.1 | 122.8 | 142.2 | 122 | 126 | 94.52 | 129.7 | 135.1 | 134.8 | 140.7 | 140.2 |
| EBIT | - | 6.8 | 20.2 | 23.57 | -44.7 | 44.9 | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | 2.1% | 5.43% | 6% | -6.48% | 5.44% | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | -70.82 | 14.86 | - | - | - | - | - | - | - | - | - |
| Net income 1 | -32.7 | - | - | -32.81 | -81.12 | 13.5 | -2.8 | 6 | -127.3 | -24.66 | 10.35 | 14.96 | 12.21 | - | - |
| Net margin | -10.18% | - | - | -8.35% | -11.76% | 1.64% | -0.36% | 0.77% | -16.28% | -2.82% | 1.32% | 1.9% | 1.56% | - | - |
| EPS 2 | -0.3600 | - | 0.1500 | -0.3700 | -0.6800 | 0.1100 | -0.0200 | 0.0500 | -1.040 | -0.2055 | 0.1070 | 0.1598 | 0.1698 | 0.2390 | 0.2460 |
| Dividend per Share | 0.0250 | 0.0250 | 0.0250 | 0.0250 | 0.0250 | 0.0250 | 0.0250 | 0.0250 | 0.0250 | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/4/22 | 8/10/22 | 11/9/22 | 3/1/23 | 5/3/23 | 8/9/23 | 11/8/23 | 2/28/24 | 5/7/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 334 | 356 | 216 | 1,230 | 1,089 | 977 | 804 | 1,064 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9665 x | 1.861 x | 1.541 x | 5.499 x | 2.122 x | 1.983 x | 1.446 x | 1.87 x |
| Free Cash Flow 1 | -25 | 62.3 | 47.6 | -105 | 193 | 223 | 234 | 265 |
| ROE (net income / shareholders' equity) | 12.9% | 6.43% | -1.34% | -6.97% | -7.55% | 4.33% | 8% | 6% |
| ROA (Net income/ Total Assets) | 6.9% | 3.86% | -0.84% | -3.12% | -2.72% | 0.8% | 4% | - |
| Assets 1 | 2,204 | 2,286 | 2,191 | 3,231 | 4,085 | 5,030 | 2,716 | - |
| Book Value Per Share 2 | 15.00 | 15.60 | 15.10 | 15.60 | 11.30 | 12.00 | 12.60 | 12.60 |
| Cash Flow per Share 2 | 3.080 | 2.100 | 1.390 | 0.9400 | 2.100 | 2.520 | 2.950 | 2.400 |
| Capex 1 | 263 | 134 | 57.3 | 116 | 143 | 140 | 133 | 94 |
| Capex / Sales | 12.88% | 10.99% | 5.97% | 6.52% | 4.52% | 4.33% | 4.21% | 3.14% |
| Announcement Date | 2/20/20 | 2/24/21 | 2/23/22 | 3/1/23 | 2/28/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
7.08
CAD
Average target price
10.75
CAD
Spread / Average Target
+51.84%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +15.50% | 643M | |
| -11.76% | 65.59B | |
| +1.52% | 32.49B | |
| +30.04% | 11.29B | |
| +23.01% | 8.8B | |
| -7.20% | 7.44B | |
| +11.64% | 6.21B | |
| +46.67% | 5.87B | |
| +43.29% | 5.45B | |
| +55.51% | 4.95B |
- Stock Market
- Equities
- EFX Stock
- Financials Enerflex Ltd.
