Calfrac Well Services Ltd.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
2.942.28
Price/Sales ratio
N/AN/A
Earnings per Share (EPS)
$0.82$1.06

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
14.05-0.98-2.83143.18-19.23-1.14-0.05-1.877.362.02N/A-10.18
Price/Sales ratio
0.370.140.760.550.150.100.020.150.170.20N/A0.13
Price/Book Value ratio
1.120.341.101.520.680.480.040.470.610.62N/A0.58
Price/Cash Flow ratio
4.641.80-7.06-61.181.891.340.68-10.112.411.37N/A1.62
Price/Free Cash Flow ratio
23.57-5.51-4.14-8.4712.69-11.61-0.77-1.979.383.42N/A0.54
Price/Earnings Growth ratio
0.100.000.10-1.390.04-0.00-0.000.01-0.050.01N/A0.02
Dividend Yield
3.07%8.64%0.32%N/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
13.98%-3.25%-19.19%7.89%10.78%-2.38%-14.33%-1.85%10.31%14.38%N/A4.20%
Operating Profit Margin
8.31%8.51%28.73%3.22%6.71%-6.69%-21.26%-6.40%6.16%11.13%N/A0.01%
Pretax Profit Margin
4.65%-22.84%-42.63%-0.46%-1.36%-12.85%-22.05%-10.80%1.61%10.81%N/A-7.11%
Net Profit Margin
2.68%-14.82%-26.96%0.38%-0.80%-9.63%-45.96%-8.26%2.35%10.22%N/A-5.22%
Effective Tax Rate
41.93%33.40%35.00%108.20%14.92%25.05%-108.36%23.57%-45.39%2.01%N/A19.99%
Return on Assets
3.10%-12.20%-12.28%0.33%-1.02%-10.23%-35.53%-9.27%3.54%16.93%N/A-5.62%
Return On Equity
8.03%-35.31%-39.10%1.06%-3.53%-42.37%-79.03%-25.18%8.34%30.95%N/A-22.95%
Return on Capital Employed
11.66%7.82%14.10%3.22%9.81%-7.92%-18.68%-8.49%11.66%22.60%N/A0.94%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
1.681.942.461.721.741.771.711.501.491.60N/A1.76
Cash ratio
0.260.650.930.210.210.270.27-0.150.040.16N/A0.24
Days of Sales Outstanding
71.4055.0580.7186.4256.6149.1472.9670.1657.4046.62N/A52.88
Days of Inventory outstanding
30.9530.1741.5237.6327.2228.0637.6936.4029.5528.13N/A27.64
Operating Cycle
102.3685.22122.23124.0583.8377.21110.65106.5786.9574.75N/A80.52
Days of Payables Outstanding
60.6540.8147.7464.0543.4231.5046.0645.5546.5840.43N/A37.46
Cash Conversion Cycle
41.7044.4174.4859.9940.4145.7164.5961.0140.3734.32N/A43.06
Debt Ratios
Debt Ratio
0.350.510.610.540.550.640.350.430.330.22N/A0.59
Debt Equity Ratio
0.901.501.941.721.922.640.791.180.780.40N/A2.28
Long-term Debt to Capitalization
0.460.590.660.630.650.720.440.540.430.28N/A0.69
Total Debt to Capitalization
0.470.600.660.630.650.720.440.540.430.28N/A0.69
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.260.12-0.08-0.010.180.130.07-0.030.321.12N/A0.16
Company Equity Multiplier
2.582.893.183.183.464.132.222.712.351.82N/A3.80
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.08-0.10-0.000.080.080.03-0.010.070.15N/A0.08
Free Cash Flow / Operating Cash Flow Ratio
0.19-0.321.707.210.14-0.11-0.885.130.250.40N/A0.01
Cash Flow Coverage Ratio
0.260.12-0.08-0.010.180.130.07-0.030.321.12N/A0.16
Short Term Coverage Ratio
12.037.49-31.58-6.40N/AN/AN/A-11.3542.43N/AN/AN/A
Dividend Payout Ratio
43.17%-8.53%-0.91%N/AN/AN/AN/AN/AN/AN/AN/AN/A