CES Energy Solutions (TSX:CEU) EV-to-FCF: 19.89 (As of Jul. 01, 2026) — 192% Above Median


TSX:CEU CES Energy Solutions Corp TSX:CEU
71 GF Score
Price C$16.57
GF Value C$9.29
Valuation Significantly Overvalued
! 1 Warning Sign
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What is CES Energy Solutions EV-to-FCF?

CES Energy Solutions TSX:CEU -0.54% 71 EV-to-FCF is 19.89 as of Jul. 01, 2026, which is 192% above its 10-year median of 6.82. GuruFocus rates TSX:CEU with a GF Score™ of 71/100 and a GF Value™ of C$9.29 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 581 Oil & Gas companies, CES Energy Solutions ranks worse than 62.65% on this metric.

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$3,964 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 for today is 19.89.

The historical rank and industry rank for CES Energy Solutions's EV-to-FCF or its related term are showing as below:

TSX:CEU' s EV-to-FCF Range Over the Past 10 Years
Min: -2105.74   Med: 6.82   Max: 120.61
Current: 19.99

During the past 13 years, the highest EV-to-FCF of CES Energy Solutions was 120.61. The lowest was -2105.74. And the median was 6.82.

TSX:CEU's EV-to-FCF is ranked worse than
62.65% of 581 companies
in the Oil & Gas industry
Industry Median: 15.4 vs TSX:CEU: 19.99

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-01), CES Energy Solutions's stock price is C$16.57. CES Energy Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.960. Therefore, CES Energy Solutions's PE Ratio (TTM) for today is 17.26.


CES Energy Solutions  (TSX:CEU) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

CES Energy Solutions's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.57/0.960
=17.26

CES Energy Solutions's share price for today is C$16.57.
CES Energy Solutions's Earnings per Share (Diluted) 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$0.960.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


CES Energy Solutions EV-to-FCF Related Terms


CES Energy Solutions EV-to-FCF Historical Data

* Premium members only.

The historical data trend for CES Energy Solutions's EV-to-FCF 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 EV-to-FCF Chart

CES Energy Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.35 -22.42 5.61 12.63 16.48

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
EV-to-FCF 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 12.21 12.58 18.00 16.48 21.85

TSX:CEU vs SLB, BKR, HAL: EV-to-FCF Comparison

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CES Energy Solutions's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where CES Energy Solutions's EV-to-FCF falls into.


TSX:CEU
71GF Score
CES Energy Solutions Corp TSX:CEU
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CES Energy Solutions EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3963.820/199.243
=19.89

CES Energy Solutions's current Enterprise Value is C$3,964 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 19.89 mean?
CES Energy Solutions (TSX:CEU) has a EV-to-FCF of 19.89 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CES Energy Solutions and its competitors. This is 192% above median its historical median of 6.82. According to the industry distribution chart, CES Energy Solutions ranks #364 out of 581 companies in the Oil & Gas industry, placing it in the top 62.7%.
Is CES Energy Solutions' EV-to-FCF too high?
CES Energy Solutions' current EV-to-FCF of 19.89 is 192% above median its 10-year median of 6.82. The Oil & Gas industry median EV-to-FCF is 15.40. CES Energy Solutions' value of 19.89 is 29.2% above this industry median. Based on the distribution chart, CES Energy Solutions ranks #364 out of 581 companies in the Oil & Gas industry, which is below the industry midpoint. 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' EV-to-FCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CES Energy Solutions ranks #364 out of 581 companies for EV-to-FCF. This places CES Energy Solutions in the lower half of its industry. The industry median EV-to-FCF is 15.40. CES Energy Solutions' value of 19.89 is 29.2% above this benchmark. While the company's 10-year median is 6.82 vs. the industry median of 15.40, CES Energy Solutions 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-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.40, based on 581 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CES Energy Solutions's current EV-to-FCF of 19.89 is 29.2% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CES Energy Solutions and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CES Energy Solutions's current EV-to-FCF is 19.89, which is 192% above median its own 10-year median of 6.82. 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$9.29, compared to a current price of C$16.57 — trading 78.4% above its estimated fair value. The current EV-to-FCF is 19.89, which is 192% above median its 10-year median of 6.82 and 29.2% above the Oil & Gas industry median of 15.40. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For CES Energy Solutions (TSX:CEU), the current EV-to-FCF is 19.89 as of Jul. 01, 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$16.57 is trading 78.4% above its estimated GF Value™ of C$9.29. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for TSX:CEU:

  • EV-to-FCF: 19.89 (192% above median its 10-year median of 6.82)
  • GF Value™: C$9.29 vs. price of C$16.57 (78.4% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 29.2% above the Oil & Gas median (#364 of 581)

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

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

C$16.57
Price
C$9.29
GF Value