Total Energy Services's quarterly net PPE
declined
from Sep. 2025 (C$633 Mil) to Dec. 2025 (C$625 Mil) but then
increased
from Dec. 2025 (C$625 Mil) to Mar. 2026 (C$630 Mil).
Total Energy Services's annual net PPE
increased
from Dec. 2023 (C$557 Mil) to Dec. 2024 (C$622 Mil) and
increased
from Dec. 2024 (C$622 Mil) to Dec. 2025 (C$625 Mil).
Total Energy Services (TSX:TOT) Property, Plant and Equipment Explanation
A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.
Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.
Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.
Total Energy Services Property, Plant and Equipment Related Terms
Total Energy Services Property, Plant and Equipment Historical Data
* Premium members only.
The historical data trend for Total Energy Services's Property, Plant and Equipment 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.
Total Energy Services Property, Plant and Equipment Chart
Total Energy Services Property, Plant and Equipment Calculation
Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.
Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.
Some of the most common parts of property, plant, and equipment are:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars
There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.
The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.
For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.
All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.
The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.
What does a Property, Plant and Equipment of C$630 Mil mean?
Total Energy Services (TSX:TOT) has a Property, Plant and Equipment of C$630 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Total Energy Services and its competitors.
Is Total Energy Services' Property, Plant and Equipment too high?
Total Energy Services' current Property, Plant and Equipment is C$630 Mil. Overall, Total Energy Services has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energy Services' Property, Plant and Equipment compare to SLB and BKR?
Total Energy Services' Property, Plant and Equipment of C$630 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 Property, Plant and Equipment for an Oil & Gas company?
A good Property, Plant and Equipment depends on the Oil & Gas industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Total Energy Services and its competitors. Total Energy Services's current Property, Plant and Equipment is C$630 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Total Energy Services (TSX:TOT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$13.87, compared to a current price of C$22.89 — trading 65% above its estimated fair value. The current Property, Plant and Equipment is C$630 Mil. Total Energy Services' overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Total Energy Services (TSX:TOT), the current Property, Plant and Equipment is C$630 Mil as of Mar. 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 Total Energy Services (TSX:TOT) Overvalued in 2026?
Based on GuruFocus' analysis, Total Energy Services stock appears to be overvalued.
The current stock price of C$22.89 is trading 65% above its estimated GF Value™ of C$13.87.
GuruFocus considers Total Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:TOT:
Property, Plant and Equipment: C$630 Mil
GF Value™: C$13.87 vs. price of C$22.89 (65% above fair value)
No single metric tells the full story. See the TSX:TOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Total Energy Services Inc is a diversified energy services provider based in Calgary, Alberta. The company provides various products and services to the energy and other resource industries in Canada, the United States and Australia, including contract drilling services, the rental and transportation of equipment used in energy and other industrial operations, the fabrication, sale, rental and servicing of gas compression and process equipment and well servicing. Its segments include Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing. It derives majority of the revenue from Compression and Process Services segment that involves the design, manufacture, installation, start-up and service of compression and process equipment.
78GF Score
Get the complete analysis for TSX:TOT
Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:TOT has been successfully added to your 
