Trican Well Service Ltd
TSX:TCW

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Trican Well Service Ltd
TSX:TCW
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Price: 4.62 CAD -0.22% Market Closed
Market Cap: 832.9m CAD

Relative Value

The Relative Value of one TCW stock under the Base Case scenario is 6.37 CAD. Compared to the current market price of 4.62 CAD, Trican Well Service Ltd is Undervalued by 28%.

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.

TCW Relative Value
Base Case
6.37 CAD
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
60
Median 3Y
0.9
Median 5Y
1
Industry
2
Forward
0.9
vs History
28
vs Industry
27
Median 3Y
8.3
Median 5Y
7.5
Industry
17.2
Forward
8.8
vs History
73
vs Industry
22
Median 3Y
5.1
Median 5Y
6.1
Industry
10.3
vs History
73
vs Industry
18
Median 3Y
11.3
Median 5Y
11.5
Industry
13.4
vs History
39
vs Industry
28
Median 3Y
1.7
Median 5Y
1.6
Industry
1.6
vs History
57
vs Industry
62
Median 3Y
0.9
Median 5Y
1
Industry
3
Forward
0.9
vs History
36
vs Industry
46
Median 3Y
4.8
Median 5Y
4.6
Industry
6.4
vs History
58
vs Industry
28
Median 3Y
4
Median 5Y
4.3
Industry
10.8
Forward
4.1
vs History
22
vs Industry
24
Median 3Y
5.9
Median 5Y
5
Industry
12.9
Forward
6.2
vs History
73
vs Industry
22
Median 3Y
5
Median 5Y
6.1
Industry
11.1
vs History
71
vs Industry
15
Median 3Y
9.9
Median 5Y
11.1
Industry
11.8
vs History
44
vs Industry
30
Median 3Y
1.6
Median 5Y
1.5
Industry
1.5

Multiples Across Competitors

TCW Competitors Multiples
Trican Well Service Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Trican Well Service Ltd
TSX:TCW
861.6m CAD 0.9 8.6 4.1 6.5
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
Trican Well Service Ltd
TSX:TCW
Average EV/EBITDA: 1 368.9
4.1
-1%
N/A
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