Company Valuation: Enerflex Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 686.9 1,056 759.7 1,775 2,577 3,761 - -
Change - 53.78% -28.08% 133.64% 45.19% 45.92% - -
Enterprise Value (EV) 1 902.6 2,286 1,849 2,664 3,263 4,255 4,041 3,924
Change - 153.26% -19.13% 44.11% 22.48% 30.41% -5.02% -2.9%
P/E -36.5x -8.21x -6.81x 38.1x 29.8x 16.1x 11.8x 10.5x
PBR 0.51x 0.55x 0.54x 0.81x 1.73x 2.25x 1.91x 1.62x
PEG - -0x 0.5x -0x 0.3x 0x 0.3x 0.9x
Capitalization / Revenue 0.72x 0.59x 0.24x 0.51x 0.73x 1.09x 0.98x 0.92x
EV / Revenue 0.94x 1.29x 0.58x 0.76x 0.93x 1.23x 1.06x 0.96x
EV / EBITDA 6.45x 10.2x 3.6x 4.27x 4.67x 5.75x 4.93x 4.42x
EV / EBIT 16.4x 1,006x 31.9x - 8.43x 9.24x 7.33x 6.26x
EV / FCF 19x -21.8x 9.56x 8.32x 10.4x 14.9x 11.8x 10.6x
FCF Yield 5.27% -4.6% 10.5% 12% 9.64% 6.72% 8.47% 9.4%
Dividend per Share 2 0.085 0.1 0.1 0.125 0.155 0.1923 0.1923 0.1923
Rate of return 1.11% 1.17% 1.63% 0.87% 0.73% 0.62% 0.62% 0.62%
EPS 2 -0.21 -1.04 -0.9 0.3752 0.7112 1.914 2.619 2.934
Distribution rate -40.5% -9.62% -11.1% 33.3% 21.8% 10% 7.34% 6.56%
Net sales 1 960.2 1,778 3,162 3,483 3,517 3,455 3,830 4,076
EBITDA 1 140 223.6 513 623.3 698.9 739.6 820.6 887.2
EBIT 1 55.1 2.272 58 - 387.1 460.6 551 627.2
Net income 1 -18.5 -100.9 -110.9 46.17 87.54 224.5 297 329.3
Net Debt 1 215.7 1,230 1,089 888.8 685.4 494.3 280.7 163.5
Reference price 2 7.66 8.54 6.13 14.31 21.16 30.80 30.80 30.80
Nbr of stocks (in thousands) 89,679 123,694 123,938 124,045 121,802 122,103 - -
Announcement Date 2/23/22 3/1/23 2/28/24 2/27/25 2/26/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.6x1.27x5.91x0.61% 2.8B
22.8x2.45x11.19x2.09% 83.2B
19.83x2.48x13.83x1.56% 58.63B
24.91x2.72x13.42x0.26% 29.94B
14.95x1.56x8.51x1.91% 29.86B
27.18x0.51x4.39x3.83% 9.71B
23.6x0.88x7.7x1.83% 7.52B
7.01x1.48x5.86x3.01% 6.91B
31.92x6.08x10.94x3.14% 6.46B
16.64x1.41x6.64x1.24% 6.37B
Average 20.54x 2.08x 8.84x 1.95% 24.14B
Weighted average by Cap. 21.13x 2.28x 11.06x 1.79%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Enerflex Ltd.
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