Western Energy Services Corp
TSX:WRG

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Western Energy Services Corp
TSX:WRG
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Price: 2.06 CAD Market Closed
Market Cap: 69.7m CAD
Section:
 

Relative Value

The Relative Value of one WRG stock under the Base Case scenario is 5.9 CAD. Compared to the current market price of 2.06 CAD, Western Energy Services Corp is Undervalued by 65%.

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.

WRG Relative Value
Base Case
5.9 CAD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
57
vs Industry
75
Median 3Y
0.4
Median 5Y
0.4
Industry
2
Forward
0.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
32
Median 3Y
-11.8
Median 5Y
-11.1
Industry
18.2
Forward
-18.5
More Details
1.5
P/OCF
P/OCF
Price to OCF
1.5
vs History
57
vs Industry
30
Median 3Y
1.8
Median 5Y
1.7
Industry
11.1
More Details
14.3
P/FCFE
P/FCFE
Price to FCFE
14.3
vs History
33
vs Industry
2
Median 3Y
-0
Median 5Y
-0
Industry
14.3
More Details
0.2
P/B
P/B
Price to Book Value
0.2
vs History
69
vs Industry
64
Median 3Y
0.3
Median 5Y
0.3
Industry
1.7
More Details
0.7
EV/S
EV/S
Enterprise Value to Sales
0.7
vs History
57
vs Industry
63
Median 3Y
0.7
Median 5Y
0.8
Industry
3.1
Forward
0.7
More Details
2.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.6
vs History
63
vs Industry
54
Median 3Y
2.6
Median 5Y
3
Industry
6.8
More Details
3.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
3.7
vs History
55
vs Industry
23
Median 3Y
3.7
Median 5Y
3.8
Industry
11
Forward
3.4
More Details
62.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
62.4
vs History
20
vs Industry
3
Median 3Y
1
Median 5Y
-3.2
Industry
13.3
More Details
3.5
EV/OCF
EV/OCF
Enterprise Value to OCF
3.5
vs History
66
vs Industry
23
Median 3Y
3.6
Median 5Y
3.9
Industry
11.3
More Details
7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
7
vs History
58
vs Industry
18
Median 3Y
6.8
Median 5Y
8
Industry
12.2
More Details
0.4
EV/IC
EV/IC
Enterprise Value to IC
0.4
vs History
77
vs Industry
61
Median 3Y
0.5
Median 5Y
0.5
Industry
1.7
More Details

Multiples Across Competitors

WRG Competitors Multiples
Western Energy Services Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Western Energy Services Corp
TSX:WRG
69.7m CAD 0.3 -10.2 3.7 62.4
CN
China Oilfield Services Ltd
SSE:601808
65.5B CNY 1.3 16.8 14 14
SA
ADES Holding Company SJSC
SAU:2382
21.8B SAR 3.5 27.1 9.9 17.9
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.4 21.7 5.3 10.1
US
Noble Corp (Cayman Island)
NYSE:NE
4.4B USD 1.3 19.6 4.9 9.3
CH
Transocean Ltd
NYSE:RIG
4.4B USD 1.1 -1.5 6.5 14
BM
Valaris Ltd
NYSE:VAL
3.5B USD 1.4 8.6 5.6 7.1
US
Helmerich and Payne Inc
NYSE:HP
2.8B USD 0.7 -16.8 5.4 19.6
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 25.2 6.8 36.9
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.2B USD 0.5 -16.2 3.6 -48.2
BM
Odfjell Drilling Ltd
OSE:ODL
20.3B NOK 2.3 14 10.7 10.7
P/E Multiple
Earnings Growth PEG
CA
Western Energy Services Corp
TSX:WRG
Average P/E: 19
Negative Multiple: -10.2 		N/A N/A
CN
China Oilfield Services Ltd
SSE:601808
16.8
16%
1
SA
A
ADES Holding Company SJSC
SAU:2382
27.1
16%
1.7
US
Noble Corporation PLC
CSE:NOBLE
21.7
-3%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
19.6
-3%
N/A
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -1.5 N/A N/A
BM
Valaris Ltd
NYSE:VAL
8.6
10%
0.9
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -16.8 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
25.2
-29%
N/A
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -16.2 N/A N/A
BM
Odfjell Drilling Ltd
OSE:ODL
14
51%
0.3

See Also

Summary
WRG intrinsic value, competitors valuation, and company profile.
DCF Valuation
WRG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
WRG stock valuation using valuation multiples.
Wall Street Estimates
WRG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
WRG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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