Ensign Energy Services (TSX:ESI) ROE %: -3.46% (As of Mar. 2026)


TSX:ESI Ensign Energy Services Inc TSX:ESI
77 GF Score
Price C$3.24
GF Value C$2.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services ROE %?

Ensign Energy Services TSX:ESI -2.41% 77 ROE % is -3.46% as of Mar. 2026. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 957 Oil & Gas companies, Ensign Energy Services ranks worse than 71.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ensign Energy Services's annualized net income for the quarter that ended in Mar. 2026 was C$-45 Mil. Ensign Energy Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$1,287 Mil. Therefore, Ensign Energy Services's annualized ROE % for the quarter that ended in Mar. 2026 was -3.46%.

The historical rank and industry rank for Ensign Energy Services's ROE % or its related term are showing as below:

TSX:ESI' s ROE % Range Over the Past 10 Years
Min: -12.47   Med: -2.53   Max: 3.42
Current: -4.08

During the past 13 years, Ensign Energy Services's highest ROE % was 3.42%. The lowest was -12.47%. And the median was -2.53%.

TSX:ESI's ROE % is ranked worse than
71.47% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs TSX:ESI: -4.08

Ensign Energy Services  (TSX:ESI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-44.512/1287.3975
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-44.512 / 1672.132)*(1672.132 / 2663.293)*(2663.293 / 1287.3975)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.66 %*0.6278*2.0687
=ROA %*Equity Multiplier
=-1.67 %*2.0687
=-3.46 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-44.512/1287.3975
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-44.512 / -51.792) * (-51.792 / 3.704) * (3.704 / 1672.132) * (1672.132 / 2663.293) * (2663.293 / 1287.3975)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8594 * -13.9827 * 0.22 % * 0.6278 * 2.0687
=-3.46 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ensign Energy Services ROE % Related Terms


Ensign Energy Services ROE % Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services's ROE % 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.

Ensign Energy Services ROE % Chart

Ensign Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.47 0.66 3.18 -1.55 -2.92

Ensign Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.08 -7.90 -1.00 -3.94 -3.46

TSX:ESI vs NE, RIG, VAL: ROE % Comparison

For the Oil & Gas Drilling subindustry, Ensign Energy Services's ROE %, along with its competitors' market caps and ROE % 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.


Ensign Energy Services ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ensign Energy Services's ROE % distribution charts can be found below:

* The bar in red indicates where Ensign Energy Services's ROE % falls into.


TSX:ESI
77GF Score
Ensign Energy Services Inc TSX:ESI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ensign Energy Services ROE % Calculation

Ensign Energy Services's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-38.76/( (1369.539+1283.738)/ 2 )
=-38.76/1326.6385
=-2.92 %

Ensign Energy Services's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-44.512/( (1283.738+1291.057)/ 2 )
=-44.512/1287.3975
=-3.46 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -3.46% mean?
Ensign Energy Services (TSX:ESI) has a ROE % of -3.46% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ensign Energy Services and its competitors. According to the industry distribution chart, Ensign Energy Services ranks #684 out of 957 companies in the Oil & Gas industry, placing it in the top 71.5%.
Is Ensign Energy Services' ROE % too high?
Ensign Energy Services' current ROE % is -3.46%. Based on the distribution chart, Ensign Energy Services ranks #684 out of 957 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' ROE % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #684 out of 957 companies for ROE %. This places Ensign Energy Services in the lower half of its industry. The industry median ROE % is 5.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ensign Energy Services and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current ROE % is -3.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.24 — trading 38.5% above its estimated fair value. The current ROE % is -3.46%. Ensign Energy Services' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Ensign Energy Services (TSX:ESI), the current ROE % is -3.46% 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.24 is trading 38.5% above its estimated GF Value™ of C$2.34. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

  • ROE %: -3.46%
  • GF Value™: C$2.34 vs. price of C$3.24 (38.5% above fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
77GF Score

Get the complete analysis for TSX:ESI

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

C$3.24
Price
C$2.34
GF Value