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Trican Well Service Ltd.

  • Market Cap: Small Cap
  • Industry: Industrial Manufacturing
  • ISIN: CA8959451037
CAD
7.30
0.2 (2.82%)

Mar 19

TSE

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Enerflex Ltd.
Reko International Group, Inc.
Trican Well Service Ltd.
ATS Corp.
Biorem, Inc.
Velan, Inc.
TerraVest Industries, Inc.
Thermal Energy International, Inc.
Ag Growth International, Inc.
EnWave Corp.
H2O Innovation, Inc.

Why is Trican Well Service Ltd. ?

1
Company has a low Debt to Equity ratio (avg) at times
2
Healthy long term growth as Operating profit has grown by an annual rate 28.78%
3
With ROE of 21.92%, it has a very attractive valuation with a 2.29 Price to Book Value
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 28.18%, its profits have fallen by -15%
4
Majority shareholders : Mutual Funds
5
Market Beating performance in long term as well as near term
  • Along with generating 28.18% returns in the last 1 year, the stock has outperformed S&P/TSX 60 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Trican Well Service Ltd. should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Trican Well Service Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Trican Well Service Ltd.
63.31%
24.45
35.84%
S&P/TSX 60
23.72%
1.54
14.62%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
22.52%
EBIT Growth (5y)
30.80%
EBIT to Interest (avg)
29.77
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0.04
Sales to Capital Employed (avg)
1.79
Tax Ratio
24.97%
Dividend Payout Ratio
36.18%
Pledged Shares
0
Institutional Holding
13.22%
ROCE (avg)
17.46%
ROE (avg)
13.41%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
2.15
EV to EBIT
9.54
EV to EBITDA
6.23
EV to Capital Employed
2.02
EV to Sales
1.44
PEG Ratio
12.14
Dividend Yield
NA
ROCE (Latest)
21.18%
ROE (Latest)
17.69%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

9What is working for the Company
DIVIDEND PAYOUT RATIO(Y)

Highest at 36.5%

RAW MATERIAL COST(Y)

Fallen by -9% (YoY

DIVIDEND PER SHARE(HY)

Highest at CAD 4.65

NET SALES(Q)

Highest at CAD 322.73 MM

OPERATING PROFIT(Q)

Highest at CAD 87 MM

OPERATING PROFIT MARGIN(Q)

Highest at 26.96 %

PRE-TAX PROFIT(Q)

Highest at CAD 56.53 MM

NET PROFIT(Q)

Highest at CAD 42.06 MM

-20What is not working for the Company
ROCE(HY)

Lowest at 18.95%

INTEREST COVERAGE RATIO(Q)

Lowest at 3,351.39

CASH AND EQV(HY)

Lowest at CAD 20.99 MM

DEBT-EQUITY RATIO (HY)

Highest at 14.93 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 31.97 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.65 times

INTEREST(Q)

Highest at CAD 2.6 MM

Here's what is working for Trican Well Service Ltd.

Net Sales
Highest at CAD 322.73 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CAD MM)

Operating Profit
Highest at CAD 87 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CAD MM)

Operating Profit Margin
Highest at 26.96 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at CAD 56.53 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Pre-Tax Profit
At CAD 56.53 MM has Grown at 54.92%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CAD MM)

Net Profit
Highest at CAD 42.06 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CAD MM)

Dividend per share
Highest at CAD 4.65
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CAD)

Dividend Payout Ratio
Highest at 36.5%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by -9% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at CAD 27.8 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Depreciation
At CAD 27.8 MM has Grown at 27.9%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CAD MM)

Here's what is not working for Trican Well Service Ltd.

Interest
At CAD 2.6 MM has Grown at 375.46%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Interest Coverage Ratio
Lowest at 3,351.39
in the last five periods
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest
Highest at CAD 2.6 MM
in the last five periods and Increased by 375.46% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Cash and Eqv
Lowest at CAD 20.99 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio
Highest at 14.93 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Inventory Turnover Ratio
Lowest at 31.97 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio
Lowest at 4.65 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

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