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Trican Well Service Ltd. (TSX: TCW)
🌐 Visit Website | WealthAwesome Stock Page → TCW.TO
What moved this week
-
Shares +4.3% (5-day), outpacing sector and the S&P 500.
-
Fresh estimate upgrades: Street nudged FY-2025 & FY-2026 EPS higher over the last 90 days, with net upward revisions still intact.
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Nearing 52-week high: Price is 101% of its 52-wk peak—momentum remains strong.
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Dividend on the rise: Forward yield 3.6%, with 22% dividend growth over the last year.
Key metrics (as of Wednesday close)
| Metric | Value |
|---|---|
| Stock Price | C$6.12 (+1.49%) |
| Weekly Move (5-day) | +4.3% |
| Market Cap | US$789M |
| P/E (TTM) | 11.3× |
| Forward P/E | 8.7× |
| 52-Week Range | C$3.69 – C$6.06 |
| YTD Return | +23.1% |
| Dividend Yield (forward) | ~3.6% |
Analyst insights
Consensus: BUY
Upside to average target: +4.8% to C$6.42
| Rating | Count |
|---|---|
| ⭐⭐ Strong Buy | 1 |
| ⭐ Buy | 2 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Target Prices | Value |
|---|---|
| Average | C$6.42 |
| Low / High | C$6.00 / C$7.00 |
Takeaway: Solid BUY skew with modest near-term upside; Street likes execution and free-cash-flow leverage, while acknowledging cyclical risks.
Recent “news flow” & context
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Momentum + estimates: Price strength alongside double-digit upward EPS revisions vs. 90 days ago points to improving operating trends.
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Capital returns: Forward yield 3.6% with a 22% YoY dividend increase underscores confidence in cash generation.
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Operational setup: Pressure-pumping demand in the WCSB and a net-cash position (≈C$0.09/share) provide flexibility for capex and payouts.
(Headlines summarized from the provided dataset signals: estimate revisions, price action vs. 52-week levels, dividend metrics.)
Valuation & quality pulse
| Metric | TCW | Industry |
|---|---|---|
| P/E (TTM) | 11.3× | 14.9× |
| EV/EBITDA | 5.0× | 8.5× |
| Price/FCF | 7.6× | 11.8× |
Read: TCW screens cheaper than peers on cash-flow and EBITDA multiples.
Growth indicators
| Growth Metric | Figure |
|---|---|
| Sales Growth (Next Year) | +23.0% |
| EPS Growth (Next Year) | +18.6% |
| 5-Year EPS Growth Est. | -147.2% (model caution: long-run base effects/commodity cyclicality) |
Profitability & strength
| Profitability | Value |
|---|---|
| Operating Margin | 14.4% |
| Net Margin | 10.7% |
| ROE | 21.7% |
| ROIC | 21.3% |
| Interest Coverage | 56.4× |
| Debt/Equity | 0.0 (de-levered balance sheet) |
Quick take
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Dividend durability: 3.6% yield with healthy coverage
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Value tilt: Below-peer multiples
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Momentum: Near 52-wk high, strong YTD
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Risks: Commodity/service-cycle sensitivity, execution in a tight labor/capex environment
Bottom line
TCW marries value (low EV/EBITDA, P/FCF) with improving growth (’26 EPS +23% est. vs. 90 days ago) and shareholder returns. For investors seeking a small-cap, dividend-paying energy services name with operating leverage and clean balance sheet, this looks like a compelling BUY—especially for a C$500 starter position.
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Qayyum Rajan, CFA
Qayyum is the CEO of Wealth Awesome, a leading Canadian personal finance publication. As a CFA charterholder with extensive experience in fintech, data science, and quantitative finance, he brings a unique analytical perspective to investing and wealth management.
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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
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