Latest Ratios: P/E Ratio 43.5x · EV/EBITDA 13.8x · ROE 6.1%. (2009–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $1.9B | $1.2B | $578M | $613M | $543M | $474M | $844M | $1.0B | $1.1B | $1.0B |
| Enterprise Value | $3.4B | $2.5B | $1.9B | $1.5B | $1.5B | $758M | $830M | $1.2B | $1.2B | $1.3B | $1.3B |
| P/E Ratio → | 43.45 | 29.11 | 38.27 | — | — | — | 5.40 | 5.57 | 10.37 | 11.15 | — |
| P/S Ratio | 1.08 | 0.73 | 0.51 | 0.25 | 0.34 | 0.71 | 0.39 | 0.54 | 0.61 | 0.70 | 0.92 |
| P/B Ratio | 2.60 | 1.74 | 1.18 | 0.55 | 0.54 | 0.40 | 0.34 | 0.82 | 0.81 | 0.96 | 0.93 |
| P/FCF | 12.02 | 8.12 | 4.04 | 6.09 | — | 4.59 | 6.99 | — | 9.44 | 8.99 | 15.06 |
| P/OCF | 8.01 | 5.41 | 3.81 | 2.81 | 36.37 | 3.32 | 2.75 | 20.21 | 4.30 | 6.10 | 11.37 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.96 | 0.80 | 0.63 | 0.86 | 1.00 | 0.68 | 0.73 | 0.68 | 0.85 | 1.12 |
| EV / EBITDA | 13.78 | 10.12 | 5.36 | 4.63 | 14.03 | 6.70 | 4.52 | 4.34 | 4.95 | 6.54 | 8.01 |
| EV / EBIT | 10.89 | 10.12 | 10.44 | 22.40 | 37.61 | 16.62 | 7.16 | 6.34 | 8.02 | 11.35 | — |
| EV / FCF | — | 10.78 | 6.28 | 15.56 | — | 6.41 | 12.24 | — | 10.50 | 10.90 | 18.32 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.7% | 21.7% | 20.9% | 19.5% | 18.2% | 21.0% | 23.0% | 19.7% | 18.1% | 18.4% | 21.6% |
| Operating Margin | 12.1% | 12.1% | 7.2% | 5.2% | 0.1% | 5.8% | 9.5% | 12.6% | 8.5% | 7.9% | 5.8% |
| Net Profit Margin | 2.5% | 2.5% | 1.3% | -3.5% | -5.7% | -1.9% | 7.2% | 7.4% | 5.9% | 6.3% | -9.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.1% | 6.1% | 3.0% | -7.6% | -8.1% | -1.1% | 7.2% | 10.1% | 8.4% | 8.7% | -9.2% |
| ROA | 2.4% | 2.4% | 1.1% | -2.7% | -3.8% | -0.7% | 4.4% | 5.4% | 4.4% | 4.9% | -5.1% |
| ROIC | 13.7% | 13.7% | 7.0% | 4.5% | 0.1% | 2.0% | 5.6% | 10.9% | 7.9% | 6.8% | 3.4% |
| ROCE | 17.1% | 17.1% | 8.7% | 5.5% | 0.1% | 2.4% | 6.9% | 12.2% | 8.4% | 7.6% | 4.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.64 | 0.64 | 0.74 | 0.94 | 0.96 | 0.29 | 0.32 | 0.37 | 0.35 | 0.41 | 0.35 |
| Debt / EBITDA | 2.82 | 2.82 | 2.17 | 3.12 | 10.10 | 3.43 | 2.46 | 1.44 | 1.89 | 2.27 | 2.49 |
| Net Debt / Equity | — | 0.57 | 0.65 | 0.85 | 0.80 | 0.16 | 0.25 | 0.30 | 0.09 | 0.21 | 0.20 |
| Net Debt / EBITDA | 2.49 | 2.49 | 1.91 | 2.82 | 8.38 | 1.91 | 1.94 | 1.16 | 0.50 | 1.15 | 1.43 |
| Debt / FCF | — | 2.66 | 2.24 | 9.47 | — | 1.82 | 5.25 | — | 1.07 | 1.91 | 3.27 |
| Interest Coverage | 2.99 | 2.99 | 1.79 | 0.56 | 1.11 | 2.85 | 6.33 | 10.67 | 8.74 | 10.65 | -5.44 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.13 | 1.13 | 1.14 | 1.25 | 1.28 | 2.00 | 2.17 | 1.94 | 1.68 | 1.78 | 2.09 |
| Quick Ratio | 0.81 | 0.81 | 0.82 | 0.91 | 0.92 | 1.51 | 1.43 | 1.36 | 1.42 | 1.43 | 1.56 |
| Cash Ratio | 0.09 | 0.09 | 0.10 | 0.12 | 0.22 | 0.49 | 0.33 | 0.21 | 0.48 | 0.47 | 0.53 |
| Asset Turnover | — | 0.97 | 0.86 | 0.79 | 0.57 | 0.35 | 0.56 | 0.86 | 0.69 | 0.73 | 0.60 |
| Inventory Turnover | 7.33 | 7.33 | 6.52 | 6.41 | 4.79 | 3.47 | 4.42 | 6.10 | 7.92 | 7.39 | 5.41 |
| Days Sales Outstanding | — | 80.50 | 91.78 | 96.27 | 108.20 | 162.36 | 75.91 | 92.98 | 98.71 | 101.43 | 74.61 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.9% | 0.7% | 1.6% | 1.1% | 1.0% | 4.0% | 3.4% | 3.2% | 2.8% | 2.6% |
| Payout Ratio | 26.6% | 26.6% | 28.1% | — | — | — | 21.6% | 24.8% | 33.3% | 30.8% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.3% | 3.4% | 2.6% | — | — | — | 18.5% | 18.0% | 9.6% | 9.0% | — |
| FCF Yield | 8.3% | 12.3% | 24.8% | 16.4% | — | 21.8% | 14.3% | — | 10.6% | 11.1% | 6.6% |
| Buyback Yield | 0.8% | 1.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.4% | 2.1% | 0.7% | 1.6% | 1.1% | 1.0% | 4.0% | 3.4% | 3.2% | 2.8% | 2.6% |
| Shares Outstanding | — | $123M | $124M | $124M | $97M | $90M | $90M | $90M | $89M | $89M | $82M |
Integration and Margin Volatility
Based on current market data, EFXT trades at a forward P/E of 11.52, which appears to reflect a significant complexity discount compared to pure-play compression peers like Archrock, suggesting the market remains skeptical of the company's ability to normalize earnings following its recent large-scale international acquisitions.
The valuation gap between EFXT and its domestic rental peers implies that investors are applying a discount for the volatility inherent in its engineered systems segment. While the forward multiple is attractive, it assumes a successful transition to a more stable, infrastructure-heavy revenue mix that has yet to be fully validated by consistent margin expansion.
As reported in financial statements, EFXT's ROIC has struggled to maintain momentum, fluctuating between 0.4% and 4.9% over the last ten quarters, which indicates that the company is currently failing to generate returns that consistently exceed its cost of capital in this capital-intensive industrial environment.
The inability to sustain a higher ROIC suggests that the integration of large-scale assets has not yet yielded the expected operational synergies. Investors should monitor whether management can improve asset utilization rates, as the current return profile appears insufficient to justify the heavy capital expenditure required to maintain the global fleet.
According to quarterly data, EFXT's cash conversion cycle has remained elevated, peaking at 83 days in 2025Q4, which highlights the structural challenges of managing long-term international infrastructure projects where payment timing and billing cycles are inherently less predictable than in domestic U.S. compression markets.
The volatility in DSO and DPO metrics suggests that the company's working capital management is highly sensitive to project-specific milestones. This inefficiency forces the company to maintain higher liquidity buffers than would otherwise be necessary, effectively acting as a drag on overall operational cash flow generation.
Based on reported figures, EFXT has successfully reduced its debt-to-equity ratio to 0.54 as of 2026Q1, signaling a disciplined approach to balance sheet management that contrasts with the capital-intensive nature of its global compression and modular fabrication business model following the transformative Exterran integration.
While the reduction in leverage is a positive indicator of management's commitment to financial stability, the interest coverage ratio remains volatile, suggesting that debt service capacity is still vulnerable to earnings shocks. The current leverage profile appears adequate, but it leaves little room for error should international project execution face further delays.
Investors frequently misapply distributable cash flow metrics—standard for U.S. compression MLPs—to EFXT, which obscures the reality that its manufacturing-heavy revenue base requires significantly higher reinvestment and carries different accounting risks than the pure-play rental models of its domestic peers like USA Compression Partners.
Using DCF-based valuation for EFXT ignores the inherent volatility of its engineered systems segment and the lumpy nature of its capital expenditures. A more appropriate approach would involve adjusting for project-based revenue recognition and focusing on normalized EBITDA margins to better capture the underlying earning power of the infrastructure fleet.
Includes 30+ ratios · 17 years · Updated daily
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Quick answers to the most common questions about buying EFXT stock.
Enerflex Ltd.'s current P/E ratio is 43.5x. The historical average is 16.4x. This places it at the 100th percentile of its historical range.
Enerflex Ltd.'s current EV/EBITDA is 13.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.0x.
Enerflex Ltd.'s return on equity (ROE) is 6.1%. The historical average is 3.9%.
Based on historical data, Enerflex Ltd. is trading at a P/E of 43.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Enerflex Ltd.'s current dividend yield is 0.61% with a payout ratio of 26.6%.
Enerflex Ltd. has 21.7% gross margin and 12.1% operating margin. Operating margin between 10-20% is typical for established companies.
Enerflex Ltd.'s Debt/EBITDA ratio is 2.8x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.