Calfrac Well Services Ltd
TSX:CFW

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Calfrac Well Services Ltd
TSX:CFW
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Price: 3.4 CAD 1.19% Market Closed
Market Cap: 292m CAD

Relative Value

The Relative Value of one CFW stock under the Base Case scenario is 11.61 CAD. Compared to the current market price of 3.4 CAD, Calfrac Well Services Ltd is Undervalued by 71%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CFW Relative Value
Base Case
11.61 CAD
Undervaluation 71%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
80
Median 3Y
0.2
Median 5Y
0.2
Industry
2
Forward
0.2
vs History
11
vs Industry
11
Median 3Y
2.9
Median 5Y
2.3
Industry
17.2
Forward
9.2
vs History
44
vs Industry
28
Median 3Y
2.5
Median 5Y
2.2
Industry
10.3
vs History
vs Industry
18
Median 3Y
-7.7
Median 5Y
-5.1
Industry
13.4
vs History
66
vs Industry
57
Median 3Y
0.6
Median 5Y
0.6
Industry
1.6
vs History
95
vs Industry
77
Median 3Y
0.4
Median 5Y
0.5
Industry
3
Forward
0.2
vs History
53
vs Industry
47
Median 3Y
3
Median 5Y
2.4
Industry
6.4
vs History
95
vs Industry
30
Median 3Y
2.6
Median 5Y
4.1
Industry
10.8
Forward
1.5
vs History
36
vs Industry
19
Median 3Y
4.2
Median 5Y
3.1
Industry
12.9
Forward
4.4
vs History
79
vs Industry
25
Median 3Y
4.1
Median 5Y
4.6
Industry
11.1
vs History
vs Industry
14
Median 3Y
5.8
Median 5Y
-6.4
Industry
11.8
vs History
95
vs Industry
58
Median 3Y
0.7
Median 5Y
0.7
Industry
1.5

Multiples Across Competitors

CFW Competitors Multiples
Calfrac Well Services Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Calfrac Well Services Ltd
TSX:CFW
292m CAD 0.2 16.1 1.4 3.9
MY
Carimin Petroleum Bhd
KLSE:CARIMIN
657.9B MYR 2 668.2 25 034.2 14 996.4 19 301.2
US
Schlumberger NV
NYSE:SLB
48.7B USD 1.4 11.6 6.2 8.7
US
Baker Hughes Co
NASDAQ:BKR
38.6B USD 1.4 13.2 9.6 13
LU
Tenaris SA
MIL:TEN
16.9B EUR 1.6 10.8 6 7.7
US
Halliburton Co
NYSE:HAL
19.2B USD 0.9 9.1 5.1 6.6
UK
TechnipFMC PLC
NYSE:FTI
14.7B USD 1.6 17.8 9.5 13
FR
Technip Energies NV
PAR:TE
6B EUR 0.6 10.3 5.3 5.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.5B CNY 0.8 11.3 7.1 7.1
UK
Subsea 7 SA
OSE:SUBC
56.2B NOK 0.8 28.8 5.3 12.5
IT
Saipem SpA
MIL:SPM
4.7B EUR 0.3 12.2 2.8 5.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Calfrac Well Services Ltd
TSX:CFW
Average EV/EBITDA: 1 368.6
1.4
9%
0.2
MY
C
Carimin Petroleum Bhd
KLSE:CARIMIN
14 996.4
N/A N/A
US
Schlumberger NV
NYSE:SLB
6.2
3%
2.1
US
B
Baker Hughes Co
NASDAQ:BKR
9.6
6%
1.6
LU
Tenaris SA
MIL:TEN
6
-4%
N/A
US
Halliburton Co
NYSE:HAL
5.1
-1%
N/A
UK
TechnipFMC PLC
NYSE:FTI
9.5
15%
0.6
FR
Technip Energies NV
PAR:TE
5.3
13%
0.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
7.1
19%
0.4
UK
Subsea 7 SA
OSE:SUBC
5.3
15%
0.4
IT
Saipem SpA
MIL:SPM
2.8
13%
0.2