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Western Energy Services (TSX:WRG) 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.
Western Energy Services's Enterprise Value for the quarter that ended in Jun. 2026 was C$182.2 Mil.
Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-20.5 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.
Western Energy Services EV-to-EBIT Related Terms
Western Energy Services EV-to-EBIT Historical Data
* 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 Drilling subindustry, Western 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.
Western Energy Services EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Energy Services's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Western Energy Services's EV-to-EBIT falls into.
Western Energy Services's current Enterprise Value is C$178.5 Mil.
Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-20.5 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.
Western Energy Services (TSX:WRG) has a EV-to-EBIT of -8.71 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Western Energy Services and its competitors. According to the industry distribution chart, Western Energy Services ranks #999999 out of 707 companies in the Oil & Gas industry.
Is Western Energy Services' EV-to-EBIT too high?
Western Energy Services' current EV-to-EBIT is -8.71. Based on the distribution chart, Western Energy Services ranks #999999 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Western Energy Services has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Energy Services' EV-to-EBIT compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Western Energy Services ranks #999999 out of 707 companies for EV-to-EBIT. This places Western Energy Services in the lower half of its industry. The industry median EV-to-EBIT is 11.53. 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 11.53, based on 707 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. 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 Western Energy Services and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Energy Services's current EV-to-EBIT is -8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Western Energy Services (TSX:WRG) is currently considered Modestly Overvalued. The stock's GF Value™ is C$2.49, compared to a current price of C$3.20 — trading 28.5% above its estimated fair value. The current EV-to-EBIT is -8.71. Western Energy Services' overall GF Score™ is 52/100 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 Western Energy Services (TSX:WRG), the current EV-to-EBIT is -8.71 as of Aug. 14, 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 Western Energy Services (TSX:WRG) Overvalued in 2026?
Based on GuruFocus' analysis, Western Energy Services stock appears to be overvalued.
The current stock price of C$3.20 is trading 28.5% above its estimated GF Value™ of C$2.49.
GuruFocus considers Western Energy Services to be Modestly Overvalued.
Key valuation signals for TSX:WRG:
EV-to-EBIT: -8.71
GF Value™: C$2.49 vs. price of C$3.20 (28.5% above fair value)
No single metric tells the full story. See the TSX:WRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Energy Services Corp is an energy service company providing contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary in the United States. The company provides production services in Canada through its division Eagle Well Servicing (Eagle) which provides well servicing and its division Aero Rental Services (Aero), which provides rental equipment services. It operates in two segments. Contract drilling includes drilling rigs along with related ancillary equipment. Production services include well servicing rigs and related equipment, as well as rental equipment. The contract drilling segment derives the majority of the revenue.
52GF Score
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