TOLWF (Trican Well Service) Scaled Net Operating Assets: 0.75 (As of Mar. 2026)


TOLWF Trican Well Service Ltd TOLWF
79 GF Score
Price $4.67
GF Value $4.31
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Trican Well Service Scaled Net Operating Assets?

Trican Well Service TOLWF -2.61% 79 Scaled Net Operating Assets is 0.75 as of Mar. 2026. GuruFocus rates TOLWF with a GF Score™ of 79/100 and a GF Value™ of $4.31 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trican Well Service's operating assets for the quarter that ended in Mar. 2026 was $687.6 Mil. Trican Well Service's operating liabilities for the quarter that ended in Mar. 2026 was $135.6 Mil. Trican Well Service's Total Assets for the quarter that ended in Dec. 2025 was $734.8 Mil. Therefore, Trican Well Service's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.75.


Trican Well Service Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trican Well Service's Scaled Net Operating Assets 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.

Trican Well Service Scaled Net Operating Assets Chart

Trican Well Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.80 0.67 0.64 1.21

Trican Well Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.77 0.72 1.30 0.77 0.75

TOLWF vs SLB, BKR, HAL: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Trican Well Service's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Trican Well Service Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trican Well Service's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Trican Well Service's Scaled Net Operating Assets falls into.


TOLWF
79GF Score
Trican Well Service Ltd TOLWF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trican Well Service Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trican Well Service's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(725.808-146.076)/479.448
=1.21

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=734.844 - 9.036
=725.808

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=230.422 - 79.906 - 4.44
=146.076

Trican Well Service's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(687.631-135.568)/734.844
=0.75

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=688.669 - 1.038
=687.631

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=174.639 - 34.668 - 4.403
=135.568

* 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 Scaled Net Operating Assets of 0.75 mean?
Trican Well Service (TOLWF) has a Scaled Net Operating Assets of 0.75 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trican Well Service and its competitors.
Is Trican Well Service's Scaled Net Operating Assets too high?
Trican Well Service's current Scaled Net Operating Assets is 0.75. Overall, Trican Well Service has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trican Well Service's Scaled Net Operating Assets compare to SLB and BKR?
Trican Well Service's Scaled Net Operating Assets of 0.75 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trican Well Service and its competitors. Trican Well Service's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trican Well Service stock overvalued right now?
Based on GuruFocus' analysis, Trican Well Service (TOLWF) is currently considered Fairly Valued. The stock's GF Value™ is $4.31, compared to a current price of $4.67 — trading 8.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. Trican Well Service's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Trican Well Service (TOLWF), the current Scaled Net Operating Assets is 0.75 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 Trican Well Service (TOLWF) Overvalued in 2026?

Based on GuruFocus' analysis, Trican Well Service stock appears to be overvalued. The current stock price of $4.67 is trading 8.2% above its estimated GF Value™ of $4.31. GuruFocus considers Trican Well Service to be Fairly Valued.

Key valuation signals for TOLWF:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: $4.31 vs. price of $4.67 (8.2% above fair value)
  • GF Score™: 79/100 with 1 warning sign

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


Trican Well Service Business Description

Industry EnergyOil & Gas
Other Exchanges TWZ:GermanyTCW:Canada
Address 645 - 7th Avenue South West, Suite 2900, Calgary, AB, CAN, T2P 4G8
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. Additionally, the company offers services related to coiled tubing, pipeline service, cementing, fracturing, and reservoir solutions to customers operating from bases located across the Western Canadian Sedimentary Basin (WCSB).
79GF Score

Get the complete analysis for TOLWF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.67
Price
$4.31
GF Value