Trican Well Service Ltd
TSX:TCW

Watchlist Manager
Trican Well Service Ltd Logo
Trican Well Service Ltd
TSX:TCW
Watchlist
Price: 7.17 CAD -0.55%
Market Cap: CA$1.5B

EV/IC

1.8
Current
15%
More Expensive
vs 3-y average of 1.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.8
=
Enterprise Value
CA$1.5B
/
Invested Capital
CA$878.4m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.8
=
Enterprise Value
CA$1.5B
/
Invested Capital
CA$878.4m

Valuation Scenarios

Trican Well Service Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.6), the stock would be worth CA$6.24 (13% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-14%
Maximum Upside
+233%
Average Upside
49%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.8 CA$7.17
0%
3-Year Average 1.6 CA$6.24
-13%
5-Year Average 1.6 CA$6.17
-14%
Industry Average 6.1 CA$23.88
+233%
Country Average 1.7 CA$6.56
-9%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CA
Trican Well Service Ltd
TSX:TCW
1.5B CAD 1.8 13.5
US
Schlumberger NV
NYSE:SLB
85.1B USD 2 25.5
US
Baker Hughes Co
NASDAQ:BKR
69.1B USD 2.2 22.1
US
Halliburton Co
NYSE:HAL
35.3B USD 2 22.6
LU
Tenaris SA
MIL:TEN
27.6B EUR 1.8 16.9
UK
TechnipFMC PLC
NYSE:FTI
30.3B USD 3.7 31.2
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
140.3B CNY 6.1 50
UK
Subsea 7 SA
OSE:SUBC
98.7B NOK 1.8 25.4
IT
Saipem SpA
MIL:SPM
8.9B EUR 1 18.8
FR
Technip Energies NV
PAR:TE
7.1B EUR 0.9 19.4
US
Weatherford International PLC
NASDAQ:WFRD
7.9B USD 2.4 17.1

Market Distribution

In line with most companies in Canada
Percentile
53nd
Based on 3 166 companies
53nd percentile
1.8
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

Trican Well Service Ltd
Glance View

Market Cap
1.5B CAD
Industry
N/A

Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company is headquartered in Calgary, Alberta and currently employs 1,032 full-time employees. The firm provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The firm also provides coiled tubing, acidizing and production enhancement, cementing, well intervention tools, fracturing and reservoir solutions. Trican's tools include Mills & Bits, multi-lateral well-Navigator, bottom hole assembly (BHA) components, conventional coiled tubing unit, crane, coiled tubing injector, and blowout preventer (BOP). Trican offers a range of solutions, including coiled tubing fracturing and acidizing, in-house engineering, well cleanouts, milling, high pressure jetting, e-coil (smart coil), nitrogen gas lifting, and production enhancement.

TCW Intrinsic Value
6.85 CAD
Overvaluation 5%
Intrinsic Value
Price CA$7.17
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett