Employees: 1,673
Size Trican Well Service (TCW.TO) is a Canada Industrials company (Industrial Machinery) with a market value of $899M, the 258th largest of 420 Canada companies the cockpit tracks. Shares closed at C$6.22 on 6 Nov 2026.
Performance Over six months the shares fell 9.7%, against -19.1% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 19 in its peer set.
Growth Revenue grew 15.0% over the last twelve months (peer median +7.8%); the operating margin is 14.0% (peer median 6.3%).
Valuation It trades at 9.3× forward earnings against a peer median of 14.8× (2nd cheapest of 13).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -34 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 10.2 points above its cost of capital (6.2% WACC).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.21B | C$1.10B | C$981M | C$973M | C$866M |
| Revenue growth | — | +12% | +1% | +12% | — |
| Gross profit | C$212M | C$213M | C$186M | C$198M | C$147M |
| EBITDA | C$276M | C$254M | C$220M | C$235M | C$189M |
| Net income | C$108M | C$112M | C$109M | C$121M | C$79.2M |
| Free cash flow | C$204M | C$105M | C$79.8M | C$169M | C$48.6M |
| Capital expenditure | C$81.0M | C$62.9M | C$75.1M | C$79.3M | C$104M |
| Total debt | C$101M | C$116M | C$20.0M | C$18.1M | C$42.4M |
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.
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.
| Measure | TCW.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.3% | -4.2% | 7th highest of 21 |
| 6-month return | -9.7% | -19.1% | 5th highest of 19 |
| Distance from 52-week high | -25.9% | -38.6% | 5th highest of 21 |
| Revenue growth (TTM) | +15.0% | +7.8% | 8th highest of 21 |
| Operating margin | 14.0% | 6.3% | 4th highest of 21 |
| Forward P/E | 9.3× | 14.8× | 2nd cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | -11.5% | 5.2% | least demanding of 12 |
| Growth delivered (Del g) | +22.5% | +12.2% | 3rd highest of 12 |
| Hurdle (Req g minus delivered) | -34.1 pp | -5.2 pp | 2nd least demanding of 12 |
| ROIC minus cost of capital | +10.2 pp | -2.7 pp | 2nd highest of 21 |
| EV / EBITDA | 4.9× | 9.6× | 2nd cheapest of 7 |
| Net debt / EBITDA | 0.3× | 0.7× | 3rd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Trican Well Service TCW.TO | Canada | $899M | -10% | +15% | 14% | 9.3× | -11.5% | +22.5% |
| Sinoseal 300470.SZ | China | $903M | -18% | +1% | 20% | 14.9× | -0.7% | +13.9% |
| Banco Products (India) BANCOINDIA.NS | India | $905M | -7% | +22% | 14% | n/a | 24.8% | +20.6% |
| KraussMaffei 600579.SS | China | $888M | -15% | -22% | 0% | n/a | n/a | n/a |
| Kitz 6498.T | Japan | $915M | -21% | +8% | 8% | 10.1× | 4.3% | +9.5% |
| Jin Tong Ling Technology 300091.SZ | China | $882M | -36% | -40% | -72% | n/a | n/a | n/a |
| Manitou BF MTU.PA | France | $882M | -6% | +8% | 6% | 8.6× | -3.6% | +10.1% |
| Graham GHM | United States | $916M | -21% | +21% | 7% | 44.8× | n/a | n/a |
| Suzhou Chunqiu Electronic Technology 603890.SS | China | $880M | -38% | +7% | 6% | 13.0× | 5.2% | +4.2% |
| Tianjin Motor Dies 002510.SZ | China | $918M | -10% | +5% | -1% | n/a | 33.8% | +12.2% |
| Shanghai Huitong Energy 600605.SS | China | $878M | -10% | +13% | 14% | n/a | 41.3% | +2.9% |
| Qingdao Gaoce Technology 688556.SS | China | $922M | -45% | +5% | -17% | n/a | 8.8% | +37.4% |
| Shenzhen LDRobot 1236.HK | Hong Kong | $876M | n/a | +60% | -11% | n/a | n/a | n/a |
| Dynamatic Technologies DYNAMATECH.NS | India | $922M | +3% | +17% | 7% | 88.0× | n/a | n/a |
| Suzhou Hailu Heavy Industry 002255.SZ | China | $875M | -38% | -19% | 16% | 11.9× | -0.5% | +2.8% |
| Mesnac 002073.SZ | China | $923M | -11% | +18% | 4% | 14.7× | -3.2% | +21.6% |
| Shanghai Top Numerical Control Technology 7688.HK | Hong Kong | $873M | n/a | +9% | -53% | 231.6× | n/a | n/a |
| Galilei 6420.T | Japan | $925M | -3% | +4% | 13% | 10.7× | n/a | n/a |
| Kale Environment Technology (Shanghai) 301070.SZ | China | $872M | -29% | -9% | 0% | n/a | n/a | n/a |
| Zhejiang Headman Machinery 688577.SS | China | $864M | -31% | +35% | 6% | 60.2× | n/a | n/a |
| Shanghai SK Automation Technology 688155.SS | China | $936M | -53% | +56% | 15% | 17.6× | 5.3% | +43.3% |