Secure Energy Services Inc
TSX:SES

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Secure Energy Services Inc
TSX:SES
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Price: 15.05 CAD 0.2% Market Closed
Market Cap: 3.5B CAD

Relative Value

The Relative Value of one SES stock under the Base Case scenario is 12.36 CAD. Compared to the current market price of 15.05 CAD, Secure Energy Services Inc is Overvalued by 18%.

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.

SES Relative Value
Base Case
12.36 CAD
Overvaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
75
Median 3Y
0.3
Median 5Y
0.3
Industry
2.1
Forward
2.3
vs History
36
vs Industry
30
Median 3Y
5.7
Median 5Y
-4.4
Industry
16.6
Forward
15.1
vs History
52
vs Industry
20
Median 3Y
6.5
Median 5Y
6
Industry
10
vs History
46
vs Industry
15
Median 3Y
5.6
Median 5Y
3.5
Industry
13.4
vs History
7
vs Industry
18
Median 3Y
2.1
Median 5Y
1.6
Industry
1.6
vs History
82
vs Industry
74
Median 3Y
0.4
Median 5Y
0.4
Industry
3.1
Forward
2.7
vs History
49
vs Industry
30
Median 3Y
6.9
Median 5Y
7.8
Industry
6.4
vs History
25
vs Industry
19
Median 3Y
6.4
Median 5Y
6.6
Industry
10.6
Forward
7.9
vs History
34
vs Industry
15
Median 3Y
9.6
Median 5Y
10.3
Industry
12.7
Forward
13.6
vs History
69
vs Industry
19
Median 3Y
8.6
Median 5Y
8.5
Industry
11.1
vs History
96
vs Industry
15
Median 3Y
11.6
Median 5Y
13.1
Industry
11.9
vs History
11
vs Industry
24
Median 3Y
1.5
Median 5Y
1.2
Industry
1.5

Multiples Across Competitors

SES Competitors Multiples
Secure Energy Services Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Secure Energy Services Inc
TSX:SES
3.5B CAD 0.3 5.6 8.1 12.2
US
Schlumberger NV
NYSE:SLB
46.1B USD 1.3 11 5.9 8.3
US
Baker Hughes Co
NASDAQ:BKR
37.5B USD 1.3 12.8 9.3 12.6
LU
Tenaris SA
MIL:TEN
16.3B EUR 1.6 10.3 5.7 7.3
US
Halliburton Co
NYSE:HAL
17.7B USD 0.8 8.4 4.8 6.2
UK
TechnipFMC PLC
NYSE:FTI
13.6B USD 1.5 16.4 8.8 12
FR
Technip Energies NV
PAR:TE
6B EUR 0.6 10.4 5.4 5.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42B CNY 0.8 11.2 7 7
UK
Subsea 7 SA
OSE:SUBC
53.3B NOK 0.8 27.3 5 11.8
IT
Saipem SpA
MIL:SPM
4.5B EUR 0.3 11.9 2.8 5.2
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
35.8B CNY 2.6 13.2 12.6 12.6