Ensign Energy Services Inc
TSX:ESI

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Ensign Energy Services Inc Logo
Ensign Energy Services Inc
TSX:ESI
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Price: 2.38 CAD -4.03% Market Closed
Market Cap: 439.6m CAD

Relative Value

The Relative Value of one ESI stock under the Base Case scenario is 9.8 CAD. Compared to the current market price of 2.38 CAD, Ensign Energy Services Inc is Undervalued by 76%.

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.

ESI Relative Value
Base Case
9.8 CAD
Undervaluation 76%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
78
Median 3Y
0.3
Median 5Y
0.3
Industry
2
Forward
0.3
vs History
vs Industry
25
Median 3Y
10.5
Median 5Y
-1.1
Industry
17.2
Forward
52.2
vs History
52
vs Industry
31
Median 3Y
1.1
Median 5Y
1.1
Industry
10.3
vs History
vs Industry
19
Median 3Y
-7.5
Median 5Y
-6
Industry
13.4
vs History
44
vs Industry
63
Median 3Y
0.4
Median 5Y
0.3
Industry
1.6
vs History
80
vs Industry
65
Median 3Y
0.7
Median 5Y
1.1
Industry
3
Forward
0.7
vs History
82
vs Industry
58
Median 3Y
2.7
Median 5Y
4
Industry
6.4
vs History
79
vs Industry
29
Median 3Y
3.1
Median 5Y
4.5
Industry
10.8
Forward
3.1
vs History
17
vs Industry
14
Median 3Y
9.7
Median 5Y
3
Industry
12.9
Forward
15.4
vs History
76
vs Industry
27
Median 3Y
3.1
Median 5Y
3.7
Industry
11.1
vs History
68
vs Industry
21
Median 3Y
5.2
Median 5Y
5.4
Industry
11.8
vs History
73
vs Industry
57
Median 3Y
0.6
Median 5Y
0.6
Industry
1.5

Multiples Across Competitors

ESI Competitors Multiples
Ensign Energy Services Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ensign Energy Services Inc
TSX:ESI
438.1m CAD 0.2 -25.7 2.8 12.1
CN
China Oilfield Services Ltd
SSE:601808
42.3B CNY 0.9 12.5 7.6 7.6
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.5 5.2 8.4
US
Noble Corp (Cayman Island)
NYSE:NE
4.6B USD 1.4 9.9 4.9 8
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3.2B USD 1.3 10.4 6.3 8
CH
Transocean Ltd
NYSE:RIG
2.6B USD 0.7 -3.7 7.1 19.1
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.5B USD 0.5 -2.4 3.2 -64.6
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 24.8 6.7 36.3
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
BM
Seadrill Ltd
NYSE:SDRL
1.7B USD 1.3 4.7 6 14.1
P/E Multiple
Earnings Growth PEG
CA
Ensign Energy Services Inc
TSX:ESI
Average P/E: 14.8
Negative Multiple: -25.7
N/A N/A
CN
China Oilfield Services Ltd
SSE:601808
12.5
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.5
-4%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
9.9
-4%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
17.7
19%
0.9
BM
Valaris Ltd
NYSE:VAL
10.4
14%
0.7
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.7 N/A N/A
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.4 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
24.8
-29%
N/A
SA
A
Arabian Drilling Co
SAU:2381
27.6
29%
1
BM
Seadrill Ltd
NYSE:SDRL
4.7
-8%
N/A