CES Energy Solutions (TSX:CEU) Enterprise Value: C$3,981 Mil (As of Jun. 28, 2026) ***


TSX:CEU CES Energy Solutions Corp TSX:CEU
71 GF Score
Price C$16.65
GF Value C$9.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is CES Energy Solutions Enterprise Value?

CES Energy Solutions TSX:CEU +2.02% 71 Enterprise Value is C$3,981 Mil as of Jun. 28, 2026. GuruFocus rates TSX:CEU with a GF Score™ of 71/100 and a GF Value™ of C$9.26 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CES Energy Solutions's Enterprise Value is C$3,981 Mil. CES Energy Solutions's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$272 Mil. Therefore, CES Energy Solutions's EV-to-EBIT ratio for today is 14.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CES Energy Solutions's Enterprise Value is C$3,981 Mil. CES Energy Solutions's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$379 Mil. Therefore, CES Energy Solutions's EV-to-EBITDA ratio for today is 10.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CES Energy Solutions's Enterprise Value is C$3,981 Mil. CES Energy Solutions's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$2,543 Mil. Therefore, CES Energy Solutions's EV-to-Revenue ratio for today is 1.57.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, CES Energy Solutions's Enterprise Value is C$3,981 Mil. CES Energy Solutions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$294 Mil. Therefore, CES Energy Solutions's EV-to-OCF ratio for today is 13.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, CES Energy Solutions's Enterprise Value is C$3,981 Mil. CES Energy Solutions's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$199 Mil. Therefore, CES Energy Solutions's EV-to-FCF ratio for today is 19.98.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


CES Energy Solutions  (TSX:CEU) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

CES Energy Solutions's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3980.689/272.059
=14.63

CES Energy Solutions's current Enterprise Value is C$3,981 Mil.
CES Energy Solutions'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$272 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

CES Energy Solutions's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3980.689/379.385
=10.49

CES Energy Solutions's current Enterprise Value is C$3,981 Mil.
CES Energy Solutions's EBITDA 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$379 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

CES Energy Solutions's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3980.689/2543.227
=1.57

CES Energy Solutions's current Enterprise Value is C$3,981 Mil.
CES Energy Solutions's Revenue 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$2,543 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

CES Energy Solutions's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3980.689/294.371
=13.52

CES Energy Solutions's current Enterprise Value is C$3,981 Mil.
CES Energy Solutions's Cash Flow from Operations 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$294 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

CES Energy Solutions's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3980.689/199.243
=19.98

CES Energy Solutions's current Enterprise Value is C$3,981 Mil.
CES Energy Solutions's Free Cash Flow 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$199 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.


CES Energy Solutions Enterprise Value Related Terms


CES Energy Solutions Enterprise Value Historical Data

* Premium members only.

The historical data trend for CES Energy Solutions's Enterprise Value 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.

CES Energy Solutions Enterprise Value Chart

CES Energy Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 952.48 1,253.59 1,278.07 2,672.04 3,069.90

CES Energy Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,116.75 1,928.85 2,524.43 3,069.90 4,354.15

TSX:CEU vs SLB, BKR, HAL: Enterprise Value Comparison

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


CES Energy Solutions Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CES Energy Solutions's Enterprise Value distribution charts can be found below:

* The bar in red indicates where CES Energy Solutions's Enterprise Value falls into.


TSX:CEU
71GF Score
CES Energy Solutions Corp TSX:CEU
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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CES Energy Solutions Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

CES Energy Solutions's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

CES Energy Solutions's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of C$3,981 Mil mean?
CES Energy Solutions (TSX:CEU) has a Enterprise Value of C$3,981 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CES Energy Solutions and its competitors.
Is CES Energy Solutions' Enterprise Value too high?
CES Energy Solutions' current Enterprise Value is C$3,981 Mil. Overall, CES Energy Solutions has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' Enterprise Value compare to SLB and BKR?
CES Energy Solutions' Enterprise Value of C$3,981 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CES Energy Solutions and its competitors. CES Energy Solutions's current Enterprise Value is C$3,981 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (TSX:CEU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.26, compared to a current price of C$16.65 — trading 79.8% above its estimated fair value. The current Enterprise Value is C$3,981 Mil. CES Energy Solutions' overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CES Energy Solutions (TSX:CEU), the current Enterprise Value is C$3,981 Mil as of Jun. 28, 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 CES Energy Solutions (TSX:CEU) Overvalued in 2026?

Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued. The current stock price of C$16.65 is trading 79.8% above its estimated GF Value™ of C$9.26. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for TSX:CEU:

  • Enterprise Value: C$3,981 Mil
  • GF Value™: C$9.26 vs. price of C$16.65 (79.8% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSX:CEU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CES Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges CESDF:USA7C4:Germany
Address 332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
71GF Score

Get the complete analysis for TSX:CEU

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$16.65
Price
C$9.26
GF Value