CES Energy Solutions (TSX:CEU) GF Value Rank : 1 (As of May. 07, 2024)

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What is CES Energy Solutions GF Value Rank?

CES Energy Solutions has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of CES Energy Solutions's GF Value Rank

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CES Energy Solutions's GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CES Energy Solutions's GF Value Rank distribution charts can be found below:

* The bar in red indicates where CES Energy Solutions's GF Value Rank falls into.

CES Energy Solutions GF Value Rank Related Terms

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CES Energy Solutions (TSX:CEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CES Energy Solutions Corp (TSX:CEU) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CESDF:USA 7C4:Germany

Address

332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2

Website

https://www.cesenergysolutions.com

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

Executives

Kyle Kitagawa	Director
Michael Hallat	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Michael Hooks	Director
Spencer Davis Armour Iii	Director
Anthony Michael Aulicino	Senior Officer
Richard Lee Baxter	Senior Officer
Stella Cosby	Director
Vernon James Disney	Senior Officer
Ian Donald Hardacre	Director
Philip Scherman	Director
Edwin Joseph Wright	Director
Kenneth Earl Zinger	Senior Officer

CES Energy Solutions (TSX:CEU) Headlines

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