Total Energy ServicesTSX:TOT -0.60%84 ROE % is 15.78% as of Mar. 2026, which is 398% above its 10-year median of 3.17. GuruFocus rates TSX:TOT with a GF Score™ of 84/100 and a GF Value™ of C$14.20 (Significantly Overvalued). Among 957 Oil & Gas companies, Total Energy Services ranks better than 73.04% on this metric.
The historical rank and industry rank for Total Energy Services's ROE % or its related term are showing as below:
TSX:TOT'
s ROE % Range Over the Past 10 Years
Min: -5.78 Med: 3.17 Max: 13.3
Current: 13.3
During the past 13 years, Total Energy Services's highest ROE % was 13.30%. The lowest was -5.78%. And the median was 3.17%.
TSX:TOT's ROE % is ranked better than 73.04% of 957
companies
in the Oil & Gas industry
Industry Median: 5.71
vs TSX:TOT: 13.30
Total Energy Services (TSX:TOT) 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:
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.
* 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.
For the Oil & Gas Equipment & Services subindustry, Total 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.
Total Energy Services ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Total Energy Services's ROE % distribution charts can be found below:
* The bar in red indicates where Total Energy Services's ROE % falls into.
* 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.
Total Energy Services (TSX:TOT) has a ROE % of 15.78% 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 Total Energy Services and its competitors. This is 398% above median its historical median of 3.17. According to the industry distribution chart, Total Energy Services ranks #258 out of 957 companies in the Oil & Gas industry, placing it in the top 27%.
Is Total Energy Services' ROE % too high?
Total Energy Services' current ROE % of 15.78% is 398% above median its 10-year median of 3.17. The Oil & Gas industry median ROE % is 5.71. Total Energy Services' value of 15.78% is 176.4% above this industry median. Based on the distribution chart, Total Energy Services ranks #258 out of 957 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Total Energy Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energy Services' ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Total Energy Services ranks #258 out of 957 companies for ROE %. This puts Total Energy Services in the upper half of its industry. The industry median ROE % is 5.71. Total Energy Services' value of 15.78% is 176.4% above this benchmark. While the company's 10-year median is 3.17 vs. the industry median of 5.71, Total Energy Services 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 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. Total Energy Services's current ROE % of 15.78% is 176.4% 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 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 Total 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. Total Energy Services's current ROE % is 15.78%, which is 398% above median its own 10-year median of 3.17. 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$14.20, compared to a current price of C$21.36 — trading 50.4% above its estimated fair value. The current ROE % is 15.78%, which is 398% above median its 10-year median of 3.17 and 176.4% above the Oil & Gas industry median of 5.71. Total Energy Services' overall GF Score™ is 84/100. 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 Total Energy Services (TSX:TOT), the current ROE % is 15.78% 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$21.36 is trading 50.4% above its estimated GF Value™ of C$14.20.
GuruFocus considers Total Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:TOT:
ROE %: 15.78% (398% above median its 10-year median of 3.17)
GF Value™: C$14.20 vs. price of C$21.36 (50.4% above fair value)
Industry Position: 176.4% above the Oil & Gas median (#258 of 957)
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.
84GF Score
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