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Ensign Energy ServicesTSX:ESI 75 Debt-to-EBITDA is 2.86 as of Mar. 2026, which is 24% below its 10-year median of 3.78. GuruFocus rates TSX:ESI with a GF Score™ of 75/100 and a GF Value™ of C$2.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 705 Oil & Gas companies, Ensign Energy Services ranks worse than 59.86% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Ensign Energy Services's Debt-to-EBITDA or its related term are showing as below:
TSX:ESI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.51 Med: 3.78 Max: 7.65
Current: 2.67
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ensign Energy Services was 7.65. The lowest was 2.51. And the median was 3.78.
TSX:ESI's Debt-to-EBITDA is ranked worse than 59.86% of 705
companies
in the Oil & Gas industry
Industry Median: 2.04
vs TSX:ESI: 2.67
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Ensign Energy Services Debt-to-EBITDA Related Terms
Ensign Energy Services Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ensign Energy Services's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSX:ESI vs NE, RIG, VAL: Debt-to-EBITDA Comparison
For the Oil & Gas Drilling subindustry, Ensign Energy Services's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ensign Energy Services Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ensign Energy Services's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ensign Energy Services's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Ensign Energy Services (TSX:ESI) has a Debt-to-EBITDA of 2.86 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ensign Energy Services. This is 24% below median its historical median of 3.78. Over the past decade, Ensign Energy Services' Debt-to-EBITDA has ranged from 2.51 to 7.65. According to the industry distribution chart, Ensign Energy Services ranks #422 out of 705 companies in the Oil & Gas industry, placing it in the top 59.9%.
Is Ensign Energy Services' Debt-to-EBITDA too high?
Ensign Energy Services' current Debt-to-EBITDA of 2.86 is 24% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 7.65. The Oil & Gas industry median Debt-to-EBITDA is 2.04. Ensign Energy Services' value of 2.86 is 40.2% above this industry median. Based on the distribution chart, Ensign Energy Services ranks #422 out of 705 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Debt-to-EBITDA compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #422 out of 705 companies for Debt-to-EBITDA. This places Ensign Energy Services in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Ensign Energy Services' value of 2.86 is 40.2% above this benchmark. Historically, Ensign Energy Services' own Debt-to-EBITDA has ranged from 2.51 to 7.65 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 2.04, Ensign Energy Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.04, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ensign Energy Services's current Debt-to-EBITDA of 2.86 is 40.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ensign Energy Services. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Debt-to-EBITDA is 2.86, which is 24% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.42, compared to a current price of C$3.49 — trading 44.2% above its estimated fair value. The current Debt-to-EBITDA is 2.86, which is 24% below median its 10-year median of 3.78 and 40.2% above the Oil & Gas industry median of 2.04. Ensign Energy Services' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ensign Energy Services (TSX:ESI), the current Debt-to-EBITDA is 2.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ensign Energy Services (TSX:ESI) Overvalued in 2026?
Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued.
The current stock price of C$3.49 is trading 44.2% above its estimated GF Value™ of C$2.42.
GuruFocus considers Ensign Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:ESI:
Debt-to-EBITDA: 2.86 (24% below median its 10-year median of 3.78)
GF Value™: C$2.42 vs. price of C$3.49 (44.2% above fair value)
Industry Position: 40.2% above the Oil & Gas median (#422 of 705)
No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
75GF Score
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