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Civeo CorpCVEOCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Hotels/Resorts/Cruise lines
Momentum strong 74
Mkt cap
$354M
US dollars, full cap
Free float
92%
of shares outstanding
$/day
$7.95M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.9 pp
WACC 7.2%
Hurdle
+10 pp
Req g minus delivered
Next earnings
118 days
4 Mar 2027
Close · USD$34.25
1D+4.8%
1W-4.8%
1M+7.4%
3M+7.3%
6M+9.9%
YTD+49.8%
1Y+55.2%
ATR %5.4%
Beta0.56
52w lowhigh10.0% off high

What Civeo does

Employees: 2,100

Civeo at a glance

Size Civeo (CVEO) is a United States Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $354M, the 2969th largest of 3,117 United States companies the cockpit tracks. Shares closed at $34.25 on 6 Nov 2026.

Performance Over six months the shares gained 9.9%, against -6.0% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 19 in its peer set.

Growth Revenue grew 12.6% over the last twelve months (peer median +6.0%); the operating margin is 2.7% (peer median 17.2%).

Valuation It trades at 0.8× enterprise value to sales against a peer median of 3.0× (cheapest of 20).

Price implies For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 2.9 points below its cost of capital (7.2% WACC).

Backlog Backlog (remaining performance obligations) was $486M at 30 Sep 2026, down 27% on a year earlier — 0.7 years of trailing revenue. Backlog detail →

Short interest Short interest is 10.4% of the free float (15 Oct 2026).

Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026CVEO 107Peer median 95
Six months, rebased to 100: Civeo against the median of its 20 peers (local-currency closes).

Civeo financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$707M$639M$682M$701M$697M
Revenue growth—-6%-3%+1%—
Gross profit$96.7M$78.5M$81.4M$95.4M$92.8M
EBITDA$86.9M$75.7M$76.1M$97.9M$110M
Net income-$7.61M-$20.1M-$17.1M$30.2M-$1.19M
Free cash flow$29.6M$2.15M$57.4M$64.9M$66.4M
Capital expenditure$17.7M$20.2M$26.1M$31.6M$25.4M
Total debt$225M$201M$55.8M$79.2M$144M

Quarterly statements and history in the cockpit →

Civeo competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%+20%499790VIK1VORIENTHOT601007SAMHIB28301073000007FCMCB580051ITDC032350CVEO6-month return →1-month return →
Up and to the right = strong over both horizons. Civeo is the large dot.

Fundamentals: revenue growth against valuation

0%+500%+1,000%5×10×ALPG499790VIK1VORIENTHOT601007SAMHIB28301073000007FCMCJUNIPERELEVATE000428ITDCCVEORevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Civeo is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%ALPGVIK1VORIENTHOT601007H18301073000007FCMCJUNIPERH070051ITDC032350CVEOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Civeo is the large dot.

Civeo competitors and peer comparison

How Civeo compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Civeo against its 20 peers (data as of 6 Nov 2026)
MeasureCVEOPeer medianRank in peer set
1-month return+7.4%-4.5%4th highest of 21
6-month return+9.9%-6.0%3rd highest of 19
Distance from 52-week high-10.0%-22.5%4th highest of 21
Revenue growth (TTM)+12.6%+6.0%6th highest of 21
Operating margin2.7%17.2%4th lowest of 21
EV / Sales0.8×3.0×cheapest of 20
Growth the price implies (Req g, 7 yrs)13.8%5.0%6th most demanding of 15
Growth delivered (Del g)+3.8%+21.0%2nd lowest of 15
Hurdle (Req g minus delivered)+9.9 pp-10.5 pp3rd most demanding of 15
ROIC minus cost of capital-2.9 pp-2.9 pp11th highest of 21
EV / EBITDA6.4×10.8×4th cheapest of 18
Net debt / EBITDA2.3×1.7×9th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Civeo CVEOUnited States$354M+10%+13%3%0.8×13.8%+3.8%
PREATONI ALPG.PAFrance$362Mn/a+19%16%3.9×10.6%+16.7%
GS P&L 499790.KSSouth Korea$372M-54%+1,157%19%2.6×n/an/a
Viking Line Abp VIK1V.HEFinland$374M-6%+1%4%0.8×3.4%+20.6%
Oriental Hotels ORIENTHOT.NSIndia$331M+62%+7%19%6.4×39.1%+33.6%
Jinling Hotel 601007.SSChina$385M-14%-2%7%1.7×3.3%+10.0%
Samhi Hotels SAMHI.NSIndia$397M+6%+12%24%4.3×n/an/a
Hotel Grand Central H18.SISingapore$403M-5%+7%12%1.6×-4.6%+9.4%
Bonvests B28.SISingapore$283M-8%+5%11%3.0×6.6%+13.6%
SSAW Hotels & Resorts 301073.SZChina$474M-34%+1%12%6.1×19.2%+21.4%
Ambassador Hotel,Ltd 2704.TWTaiwan$479M+3%+3%-2%n/an/an/a
Shenzhen Quanxinhao 000007.SZChina$482M-40%-3%1%7.7×34.9%+54.5%
Societe Fermiere du Casino Municipal de Cannes FCMC.PAFrance$489M+8%+11%26%2.4×-6.7%+24.0%
Juniper Hotels JUNIPER.NSIndia$490M-2%+12%30%4.3×14.1%+44.5%
Elevate Campuses ELEVATE.NSIndia$498Mn/a+54%63%8.3×n/an/a
Banyan Tree B58.SISingapore$238M-44%+24%31%1.6×n/an/a
Stamford Land H07.SISingapore$530M-6%0%20%1.3×-16.2%+5.5%
Huatian Hotel 000428.SZChina$552M-6%-6%-35%10.3×n/an/a
Harbour Centre Development 0051.HKHong Kong$557M+38%+1%20%2.8×-3.9%-16.5%
India Tourism Development ITDC.NSIndia$572M+6%-9%16%10.1×58.7%+24.6%
Lotte Tour Development 032350.KSSouth Korea$591M-51%+39%24%2.7×-6.4%+108.0%

Civeo backlog

Civeo reported $486M of remaining performance obligations at 30 Sep 2026, down 27% from a year earlier and down 8% from the previous quarter. That is 0.7 years of trailing revenue already under contract. Book-to-bill last quarter: 0.77.

Questions

Which companies are Civeo's closest peers?
The cockpit's peer set: PREATONI (ALPG.PA), GS P&L (499790.KS), Viking Line Abp (VIK1V.HE), Oriental Hotels (ORIENTHOT.NS), Jinling Hotel (601007.SS), Samhi Hotels (SAMHI.NS), Hotel Grand Central (H18.SI), Bonvests (B28.SI).
Is Civeo expensive compared with its peers?
On ev / sales it trades at 0.8× against a peer median of 3.0×, cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Civeo stock performed?
Over six months to 6 Nov 2026 the shares returned +9.9% against -6.0% for the median peer; over one year +55.2%.
What is Civeo's backlog?
Civeo's remaining performance obligations (contracted revenue not yet recognised) were $486M at 30 Sep 2026, -27% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.