Source Energy Services Ltd
TSX:SHLE

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Source Energy Services Ltd
TSX:SHLE
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Price: 17.83 CAD -2.46% Market Closed
Market Cap: CA$233.2m

P/FCFE

-766.1
Current
9 072%
More Expensive
vs 3-y average of -8.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-766.1
=
Market Cap
CA$192.9m
/
Free Cash Flow to Equity
CA$-304.4k

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-766.1
=
Market Cap
CA$192.9m
/
Free Cash Flow to Equity
CA$-304.4k

Valuation Scenarios

Source Energy Services Ltd is trading above its 5-year average

If P/FCFE returns to its 5-Year Average (2.2), the stock would be worth CA$-0.05 (100% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-103%
Maximum Upside
No Upside Scenarios
Average Downside
102%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -766.1 CA$17.83
0%
5-Year Average 2.2 CA$-0.05
-100%
Industry Average 16 CA$-0.37
-102%
Country Average 22 CA$-0.51
-103%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CA
Source Energy Services Ltd
TSX:SHLE
233.2m CAD -766.1 7.1
US
Schlumberger NV
NYSE:SLB
85.1B USD 31.2 25.6
US
Baker Hughes Co
NASDAQ:BKR
68.6B USD 33.8 22
US
Halliburton Co
NYSE:HAL
34.8B USD 20.7 22.6
LU
Tenaris SA
MIL:TEN
27.6B EUR 18.3 16.9
UK
TechnipFMC PLC
NYSE:FTI
30.4B USD 33.7 31.5
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
140.3B CNY 74.5 50
UK
Subsea 7 SA
OSE:SUBC
98.7B NOK 14.3 25.4
IT
Saipem SpA
MIL:SPM
8.9B EUR 42.6 18.8
FR
Technip Energies NV
PAR:TE
7.1B EUR 14.4 19.4
US
Weatherford International PLC
NASDAQ:WFRD
7.9B USD 38.5 17

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 1 366 companies
0th percentile
-766.1
Low
0 — 13.2
Typical Range
13.2 — 36
High
36 —
Distribution Statistics
Canada
Min 0
30th Percentile 13.2
Median 22
70th Percentile 36
Max 116 589.8

Source Energy Services Ltd
Glance View

Market Cap
233.2m CAD
Industry
N/A

Source Energy Services Ltd. engages in the production, supply, and distribution of northern white frac sand. The company is headquartered in Calgary, Alberta and currently employs 351 full-time employees. The company went IPO on 2017-04-13. The firm's services include Proppants, Logistics, Terminals, Chemicals and Field Solutions. The company offers a range of proppant sizes of 20/40, 30/50, 40/70 and 100 mesh for specific well requirements. The company offers last mile logistic solutions, including trucking delivery directly to the wellsite and Sahara proppant storage units. The company owns and operates in-basin terminals in the WCSB. Its terminals are unit-train capable that can hold up to 100 cars on the track. The company also provides storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a wellsite mobile sand storage and handling system. Its terminals in Red Deer and Grande Prairie, Alberta are equipped with chemical storage. The firm provides its customers with an end-to-end solution for frac sand.

SHLE Intrinsic Value
56.56 CAD
Undervaluation 68%
Intrinsic Value
Price CA$17.83
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