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Source Energy ServicesTSX:SHLE +1.47%70 EV-to-EBIT is 13.42 as of Jul. 23, 2026, which is 85% above its 10-year median of 7.25. GuruFocus rates TSX:SHLE with a GF Score™ of 70/100 and a GF Value™ of C$12.59 (Fairly Valued). The stock has 7 warning signs investors should review. Among 692 Oil & Gas companies, Source Energy Services ranks worse than 56.07% on this metric.
Source Energy Services (TSX:SHLE) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Source Energy Services's Enterprise Value for the quarter that ended in Mar. 2026 was C$486.6 Mil.
Source Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$33.8 Mil.
* 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.
* 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.
For the Oil & Gas Equipment & Services subindustry, Source Energy Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Source Energy Services EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Source Energy Services's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Source Energy Services's EV-to-EBIT falls into.
Source Energy Services's current Enterprise Value is C$454.3 Mil.
Source Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$33.8 Mil.
* 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.
Source Energy Services (TSX:SHLE) has a EV-to-EBIT of 13.42 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Source Energy Services and its competitors. This is 85% above median its historical median of 7.25. According to the industry distribution chart, Source Energy Services ranks #388 out of 692 companies in the Oil & Gas industry, placing it in the top 56.1%.
Is Source Energy Services' EV-to-EBIT too high?
Source Energy Services' current EV-to-EBIT of 13.42 is 85% above median its 10-year median of 7.25. The Oil & Gas industry median EV-to-EBIT is 11.87. Source Energy Services' value of 13.42 is 13.1% above this industry median. Based on the distribution chart, Source Energy Services ranks #388 out of 692 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Source Energy Services has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' EV-to-EBIT compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Source Energy Services ranks #388 out of 692 companies for EV-to-EBIT. This places Source Energy Services in the lower half of its industry. The industry median EV-to-EBIT is 11.87. Source Energy Services' value of 13.42 is 13.1% above this benchmark. While the company's 10-year median is 7.25 vs. the industry median of 11.87, Source 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 EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.87, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Source Energy Services's current EV-to-EBIT of 13.42 is 13.1% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Source Energy Services and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Source Energy Services's current EV-to-EBIT is 13.42, which is 85% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (TSX:SHLE) is currently considered Fairly Valued. The stock's GF Value™ is C$12.59, compared to a current price of C$12.40 — trading 1.5% below its estimated fair value. The current EV-to-EBIT is 13.42, which is 85% above median its 10-year median of 7.25 and 13.1% above the Oil & Gas industry median of 11.87. Source Energy Services' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Source Energy Services (TSX:SHLE), the current EV-to-EBIT is 13.42 as of Jul. 23, 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 Source Energy Services (TSX:SHLE) Overvalued in 2026?
Based on GuruFocus' analysis, Source Energy Services stock appears to be undervalued.
The current stock price of C$12.40 is trading 1.5% below its estimated GF Value™ of C$12.59.
GuruFocus considers Source Energy Services to be Fairly Valued.
Key valuation signals for TSX:SHLE:
EV-to-EBIT: 13.42 (85% above median its 10-year median of 7.25)
GF Value™: C$12.59 vs. price of C$12.40 (1.5% below fair value)
Industry Position: 13.1% above the Oil & Gas median (#388 of 692)
No single metric tells the full story. See the TSX:SHLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
70GF Score
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