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E.TO (E) Fair Value & Analysis

Energy · CA · Market cap C$132M (≈ $95.1M) · ISIN CA29373A3038

What is E.TO really worth?

ET E.TO E · TO
PriceC$1.49
Fair ValueC$0.5695
Upside−61.8%
Quality27/100

Below-average quality, and trading another 162% above our fair value of C$0.5695.

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Risks

!Expensive Growth (revenue 5y +18.6 %/yr)
!Thin margins · 7.8% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (5/12)
!Moderate moat 53/100
!Evidence only low, so the estimate is less certain
!Weak on past: 13 out of 100
Evidence: Low Range C$0.4250 – C$0.6460

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 22 days ago

Share price −8.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$0.6460). The favourable scenario is already priced in.
  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

C$2.66 C$0.2300 Fair Value C$0.5695 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range C$0.2300 – C$2.66 · fair‑value band C$0.4250 – C$0.6460 · the C$1.49 price screens above the C$0.5695 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

E.TO (E) currently trades at C$1.49, while our model-based Fair Value estimate is C$0.5695, implying the stock looks roughly 161.6% overvalued today. The Quality Score stands at 27/100 (below-average quality), in the Energy sector. Bull case: the Growth Earnings group reads highest at a median of C$0.8300 per share, and 1 of the 14 models we run sit above the C$1.49 price. Bear case: the Economic Profit group reads lowest at C$0.3700, and 13 of the 14 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, E.TO generated revenue of C$38.0M at a net margin of 7.8%. Revenue grew 16.2% year over year. It earns a return on equity of 3.4%. Net debt stands at C$15.7M. Fundamentals as of Aug 13, 2026

Our scenario range runs from C$0.4250 (bear case) to C$0.6460 (bull case); at C$1.49, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 48% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −41% fair-value upside, at −62%, E screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly C$0.0203 per share, which is 3.6 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence C$0.7200 C$0.6900 C$0.5400 76
EPV C$0.3200 C$0.3700 C$0.4100 74
ROIC Compounder C$0.3200 C$0.3700 C$0.4100 72
All 14 models by family
Earnings-Based
Graham-Dodd C$0.3000 C$1.65 C$2.29 63
Lynch FV C$0.4600 C$0.6600 C$0.8600 61
PEG = 1.0 C$0.4600 C$0.6600 C$0.8600 57
EPV C$0.3200 C$0.3700 C$0.4100 74
Multiples
P/E Multiple C$0.4600 C$0.6100 C$0.7600 63
P/S Multiple C$0.4000 C$0.5400 C$0.6700 58
P/B Multiple C$0.5500 C$0.7400 C$0.9200 55
EV/EBIT C$0.4300 C$0.6100 C$0.8000 65
EV/EBITDA C$0.5200 C$0.7300 C$0.9400 67
EV/Revenue C$0.2600 C$0.4200 C$0.5800 53
Asset-Based
NCAV (Graham) C$0.5400 C$0.7200 C$1.08 54
Economic Profit
Residual Income best evidence C$0.7200 C$0.6900 C$0.5400 76
ROIC Compounder C$0.3200 C$0.3700 C$0.4100 72
Growth Earnings
Growth-Adj P/E C$0.5800 C$0.8300 C$1.08 67

Widest divergence: Growth Earnings (C$0.8300) versus Economic Profit (C$0.3700). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 49.7
P/S ratio 4.83 P/E × margin
EPS (TTM) C$0.0300 price ÷ EPS = P/E 49.7
Net margin 9.7% FY2025
Return on equity 3.4% TTM
Return on assets (EBIT) 5.1% avg 5y
More key figures
Profitability
Operating margin 31.0% TTM
Growth
Revenue (TTM) C$38.0M TTM
Revenue growth (YoY) +16.2% 3y avg +10.6%
EPS growth (YoY) −22.4%
Balance sheet & cash flow
Free cash flow −C$2.9M FY2025
Net debt C$15.7M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 31 · Market factors (momentum, volatility) 58

Profitability 26
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 54
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Enterprise Group, Inc., through its subsidiaries, operates as an equipment rental services company in Canada. The company provides critical site infrastructure and services.

Full company description

Enterprise Group, Inc., through its subsidiaries, operates as an equipment rental services company in Canada. The company provides critical site infrastructure and services. It also offers wellsite trailer delivery, thermal pipeline expansion, wellsite equipment, field operations and equipment, equipment delivery, thermal pipe expansion, and well-site trailers. Additionally, the company provides natural gas power technologies and infrastructure construction services. It serves energy and resource sectors. The company was founded in 2005 and is headquartered in St. Albert, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

E.TO reported revenue of C$36.4M in FY2025 versus C$18.7M in FY2021, a compound +18.0%/yr. Reported net income was C$3.5M in FY2025.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$36.4M
Latest YoY
+4.9%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.6%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.6%
Avg. revenue growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.2%
Value creation/yr (3Y) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year.
−19.3% (−19.3 + 0.0)
Revenue +18.0%/yr
FY21 C$18.7M
FY22 C$26.9M
FY23 C$33.5M
FY24 C$34.6M
FY25 C$36.4M
Net income
FY21 −C$2.4M
FY22 C$2.3M
FY23 C$6.2M
FY24 C$4.5M
FY25 C$3.5M

E screens 162% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "E.TO Fair Value". https://www.fairvalue-calculator.com/stock/E

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE81 · sector 0
PAST13 · sector 29
HEALTH88 · sector 92
DIVIDEND0 · sector 36

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLB $57.33 $28.66 −50%
Baker Hughes Company BKR $64.63 $32.40 −50%
TechnipFMC plc FTI $75.27 $27.43 −64%
Halliburton Company HAL $36.18 $21.50 −41%
Tenaris S.A TS $53.09 $45.68 −14%
Yantai Jereh Oilfield Services Group 002353 ¥144.58 ¥34.17 −76%
Saipem SpA SPM €4.57 €2.72 −40%
Subsea 7 S.A SUBC kr 341.20 kr 221.37 −35%
China Oilfield Services Limited 601808 ¥12.31 ¥12.64 +3%
Gaztransport & Technigaz SA GTT €211.80 €95.01 −55%

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Frequently asked questions

Is E.TO (E) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$0.5695 versus a price of C$1.49, about −62% upside (overvalued).
What is the fair value of E?
Our model-based fair value for E.TO is C$0.5695 (as of Aug 13, 2026), built from audited fundamentals. The current price: C$1.49.
What is the quality score of E?
E.TO has a Quality Score of 27/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of E.TO (E)?
E.TO reported trailing-twelve-month revenue of about C$38.0M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of E?
The net profit margin of E.TO is about 7.8%, meaning it keeps roughly 7.8% of revenue as net income. Based on the latest reported figures.
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