Comparison
Why is Western Energy Services Corp. ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 7.87% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has reported losses. Due to this company has reported negative ROE
2
Poor long term growth as Net Sales has grown by an annual rate of 7.87% over the last 5 years
3
Flat results in Jun 25
- OPERATING CASH FLOW(Y) Lowest at CAD 32.64 MM
- RAW MATERIAL COST(Y) Grown by 267.21% (YoY)
- CASH AND EQV(HY) Lowest at CAD 8.99 MM
4
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -20.37%, its profits have risen by 24.7%
5
Below par performance in long term as well as near term
- Along with generating -20.37% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Western Energy Services Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Western Energy Services Corp.
-100.0%
-0.33
52.93%
S&P/TSX 60
18.99%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
12.42%
EBIT Growth (5y)
15.78%
EBIT to Interest (avg)
-0.41
Debt to EBITDA (avg)
5.81
Net Debt to Equity (avg)
0.34
Sales to Capital Employed (avg)
0.57
Tax Ratio
23.29%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
0.20%
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.25
EV to EBIT
105.97
EV to EBITDA
3.71
EV to Capital Employed
0.42
EV to Sales
0.69
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.40%
ROE (Latest)
-1.88%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
7What is working for the Company
NET PROFIT(HY)
Higher at CAD -2.36 MM
ROCE(HY)
Highest at -1.99%
DEBT-EQUITY RATIO
(HY)
Lowest at 31.61 %
INVENTORY TURNOVER RATIO(HY)
Highest at 111.43%
-5What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CAD 32.64 MM
RAW MATERIAL COST(Y)
Grown by 267.21% (YoY
CASH AND EQV(HY)
Lowest at CAD 8.99 MM
NET SALES(Q)
Lowest at CAD 40.01 MM
Here's what is working for Western Energy Services Corp.
Net Profit
Higher at CAD -2.36 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (CAD MM)
Debt-Equity Ratio
Lowest at 31.61 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 111.43%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Western Energy Services Corp.
Operating Cash Flow
Lowest at CAD 32.64 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CAD MM)
Net Sales
Lowest at CAD 40.01 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CAD MM)
Cash and Eqv
Lowest at CAD 8.99 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Raw Material Cost
Grown by 267.21% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






