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 4,360 - -
Change - 53.78% -28.08% 133.64% 45.19% 69.18% - -
Enterprise Value (EV) 1 902.6 2,286 1,849 2,664 3,263 4,850 4,640 4,473
Change - 153.26% -19.13% 44.11% 22.48% 48.64% -4.33% -3.6%
P/E -36.5x -8.21x -6.81x 38.1x 29.8x 18.5x 13.5x 11.8x
PBR 0.51x 0.55x 0.54x 0.81x 1.73x 2.55x 2.16x 1.79x
PEG - -0x 0.5x -0x 0.3x 0x 0.4x 0.8x
Capitalization / Revenue 0.72x 0.59x 0.24x 0.51x 0.73x 1.25x 1.12x 1x
EV / Revenue 0.94x 1.29x 0.58x 0.76x 0.93x 1.39x 1.19x 1.02x
EV / EBITDA 6.45x 10.2x 3.6x 4.27x 4.67x 6.43x 5.49x 4.68x
EV / EBIT 16.4x 1,006x 31.9x - 8.43x 10.3x 8.13x 6.02x
EV / FCF 19x -21.8x 9.56x 8.32x 10.4x 16.5x 14.7x 10.5x
FCF Yield 5.27% -4.6% 10.5% 12% 9.64% 6.06% 6.81% 9.48%
Dividend per Share 2 0.085 0.1 0.1 0.125 0.155 0.1933 0.1933 0.1933
Rate of return 1.11% 1.17% 1.63% 0.87% 0.73% 0.54% 0.54% 0.54%
EPS 2 -0.21 -1.04 -0.9 0.3752 0.7112 1.93 2.638 3.03
Distribution rate -40.5% -9.62% -11.1% 33.3% 21.8% 10% 7.33% 6.38%
Net sales 1 960.2 1,778 3,162 3,483 3,517 3,489 3,908 4,372
EBITDA 1 140 223.6 513 623.3 698.9 754.5 845.8 955.8
EBIT 1 55.1 2.272 58 - 387.1 468.9 570.8 742.6
Net income 1 -18.5 -100.9 -110.9 46.17 87.54 227 302 354.7
Net Debt 1 215.7 1,230 1,089 888.8 685.4 489.5 279.5 112.7
Reference price 2 7.66 8.54 6.13 14.31 21.16 35.71 35.71 35.71
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.($)
18.14x1.37x6.32x0.55% 3B
20.03x2.16x9.89x2.41% 72.34B
19.47x2.33x13.17x1.65% 55.59B
14.79x2.02x8.81x5.03% 28.11B
22.34x2.44x12.04x0.29% 26.99B
13.25x1.41x7.7x2.14% 26.54B
32x5.35x20.88x0.89% 16.77B
13.17x1.21x5.17x3.74% 9.82B
27.23x0.51x4.39x3.83% 9.44B
21.09x0.79x6.88x2.06% 6.7B
Average 20.15x 1.96x 9.52x 2.26% 25.53B
Weighted average by Cap. 19.66x 2.20x 10.70x 2.25%

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.