Step Energy Services Ltd
TSX:STEP

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Step Energy Services Ltd
TSX:STEP
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Price: 5.49 CAD -0.18% Market Closed
Market Cap: 400.1m CAD

Relative Value

The Relative Value of one STEP stock under the Base Case scenario is 8.98 CAD. Compared to the current market price of 5.49 CAD, Step Energy Services Ltd is Undervalued by 39%.

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.

STEP Relative Value
Base Case
8.98 CAD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
76
Median 3Y
0.3
Median 5Y
0.3
Industry
2
Forward
0.4
vs History
vs Industry
2
Median 3Y
3.9
Median 5Y
2.2
Industry
18.2
Forward
12.5
vs History
19
vs Industry
29
Median 3Y
2.1
Median 5Y
2.3
Industry
11.1
vs History
0
vs Industry
9
Median 3Y
-21.3
Median 5Y
-10.4
Industry
14.3
vs History
19
vs Industry
48
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7
vs History
41
vs Industry
74
Median 3Y
0.4
Median 5Y
0.4
Industry
3.1
Forward
0.5
vs History
15
vs Industry
53
Median 3Y
3.5
Median 5Y
3.3
Industry
6.8
vs History
49
vs Industry
30
Median 3Y
2.4
Median 5Y
3.6
Industry
11
Forward
3.1
vs History
19
vs Industry
25
Median 3Y
5.3
Median 5Y
4.2
Industry
13.3
Forward
7.8
vs History
34
vs Industry
28
Median 3Y
2.8
Median 5Y
4
Industry
11.3
vs History
6
vs Industry
18
Median 3Y
8.3
Median 5Y
8.2
Industry
12.2
vs History
19
vs Industry
47
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7

Multiples Across Competitors

STEP Competitors Multiples
Step Energy Services Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Step Energy Services Ltd
TSX:STEP
400.1m CAD 0.4 -51.2 3.6 10.2
US
Schlumberger NV
NYSE:SLB
56.9B USD 1.6 15.6 7.6 10.8
US
Baker Hughes Co
NASDAQ:BKR
44.1B USD 1.6 15.2 9.7 12.8
US
Halliburton Co
NYSE:HAL
23.4B USD 1.1 17.9 6.6 8.9
LU
Tenaris SA
MIL:TEN
16.8B EUR 1.7 9.9 5.9 7.6
UK
TechnipFMC PLC
NYSE:FTI
18.1B USD 1.8 19.1 10.2 13.7
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
69.6B CNY 4.4 24.5 21.5 21.5
FR
Technip Energies NV
PAR:TE
5.6B EUR 0.5 9.5 9 9
US
Nov Inc
NYSE:NOV
5.7B USD 0.7 15 6.1 9.2
UK
Subsea 7 SA
OSE:SUBC
58.9B NOK 0.8 20.2 5 10.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
38.9B CNY 0.7 10.2 8.5 8.5