CFWFF (Calfrac Well Services) Intrinsic Value: Projected FCF: $6.63 (As of Sep. 13, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CFWFF Calfrac Well Services Ltd CFWFF
57 GF Score
Price $5.23
GF Value $2.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Calfrac Well Services Intrinsic Value: Projected FCF?

Calfrac Well Services CFWFF 57 Intrinsic Value: Projected FCF is $6.63 as of Sep. 13, 2026. GuruFocus rates CFWFF with a GF Score™ of 57/100 and a GF Value™ of $2.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 634 Oil & Gas companies, Calfrac Well Services ranks better than 55.84% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-13), Calfrac Well Services's Intrinsic Value: Projected FCF is $6.63. The stock price of Calfrac Well Services is $5.23. Therefore, Calfrac Well Services's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for Calfrac Well Services's Intrinsic Value: Projected FCF or its related term are showing as below:

CFWFF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.53   Med: 0.77   Max: 149.46
Current: 0.79

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Calfrac Well Services was 149.46. The lowest was 0.53. And the median was 0.77.

CFWFF's Price-to-Projected-FCF is ranked better than
55.84% of 634 companies
in the Oil & Gas industry
Industry Median: 0.87 vs CFWFF: 0.79

Calfrac Well Services  (OTCPK:CFWFF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Calfrac Well Services's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.23/6.1549014346608
=0.85

* 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.


Calfrac Well Services Intrinsic Value: Projected FCF Related Terms


Calfrac Well Services Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Calfrac Well Services's Intrinsic Value: Projected 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.

Calfrac Well Services Intrinsic Value: Projected FCF Chart

Calfrac Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.76 0.03 4.73 4.92 4.89

Calfrac Well Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 3.41 4.24 4.89 4.93 6.15

CFWFF vs SLB, BKR, HAL: Intrinsic Value: Projected FCF Comparison

For the Oil & Gas Equipment & Services subindustry, Calfrac Well Services's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Calfrac Well Services Price-to-Projected-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Calfrac Well Services's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Calfrac Well Services's Price-to-Projected-FCF falls into.


CFWFF
57GF Score
Calfrac Well Services Ltd CFWFF
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calfrac Well Services Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Calfrac Well Services's Free Cash Flow(6 year avg) = $20.85.

Calfrac Well Services's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*20.84912+527.15*0.8)/100.767
=6.15

* 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.

What does a Intrinsic Value: Projected FCF of $6.63 mean?
Calfrac Well Services (CFWFF) has a Intrinsic Value: Projected FCF of $6.63 as of Sep. 13, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Calfrac Well Services and its competitors. According to the industry distribution chart, Calfrac Well Services ranks #280 out of 634 companies in the Oil & Gas industry, placing it in the top 44.2%.
Is Calfrac Well Services' Intrinsic Value: Projected FCF too high?
Calfrac Well Services' current Intrinsic Value: Projected FCF is $6.63. The Oil & Gas industry median Intrinsic Value: Projected FCF is 0.87. Calfrac Well Services' value of $6.63 is 662.1% above this industry median. Based on the distribution chart, Calfrac Well Services ranks #280 out of 634 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Calfrac Well Services has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calfrac Well Services' Intrinsic Value: Projected FCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Calfrac Well Services ranks #280 out of 634 companies for Intrinsic Value: Projected FCF. This puts Calfrac Well Services in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.87. Calfrac Well Services' value of $6.63 is 662.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Oil & Gas company?
The median Intrinsic Value: Projected FCF among Oil & Gas companies is 0.87, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calfrac Well Services's current Intrinsic Value: Projected FCF of $6.63 is 662.1% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Calfrac Well Services and its competitors. For the Oil & Gas industry, the median Intrinsic Value: Projected FCF is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calfrac Well Services's current Intrinsic Value: Projected FCF is $6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calfrac Well Services stock overvalued right now?
Based on GuruFocus' analysis, Calfrac Well Services (CFWFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.15, compared to a current price of $5.23 — trading 143.3% above its estimated fair value. The current Intrinsic Value: Projected FCF is $6.63 and 662.1% above the Oil & Gas industry median of 0.87. Calfrac Well Services' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Calfrac Well Services (CFWFF), the current Intrinsic Value: Projected FCF is $6.63 as of Sep. 13, 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 Calfrac Well Services (CFWFF) Overvalued in 2026?

Based on GuruFocus' analysis, Calfrac Well Services stock appears to be overvalued. The current stock price of $5.23 is trading 143.3% above its estimated GF Value™ of $2.15. GuruFocus considers Calfrac Well Services to be Significantly Overvalued.

Key valuation signals for CFWFF:

  • Intrinsic Value: Projected FCF: $6.63
  • GF Value™: $2.15 vs. price of $5.23 (143.3% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 662.1% above the Oil & Gas median (#280 of 634)

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


Calfrac Well Services Business Description

Industry EnergyOil & Gas
Other Exchanges 5CFA:GermanyCFW:Canada
Address 407 - 8th Avenue SW, Suite 601, Calgary, AB, CAN, T2P 1E5
Calfrac Well Services Ltd is an independent provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and wireline services for the oil and natural gas industries in the United States, Canada, and Argentina. The company operates through two main segments. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin in North Dakota, as well as the broader Rockies region. The Argentina segment, which generates the highest revenue, offers fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas companies operating in the Neuquen and Comodoro Rivadavia regions.
57GF Score

Get the complete analysis for CFWFF

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

$5.23
Price
$2.15
GF Value