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← CockpitCompetitor Analysis › TOT.TO Total Energy Services Inc.Open in the cockpit ↗

Total Energy Services Inc.TOT.TOCompetitor analysis, valuation and peers

Canada · CAD·Energy›Oilfield Services/Equipment
Momentum leader 96
Mkt cap
$851M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$4.90M
20-day average traded
Fwd P/E
9.7×
forward earnings
ROIC−WACC
+3.0 pp
WACC 9.0%
Hurdle
-20 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · CADC$32.76
1D+3.0%
1W-18.7%
1M-4.0%
3M+35.3%
6M+41.3%
YTD+119.9%
1Y+125.8%
ATR %5.1%
52w lowhigh19.4% off high

What Total Energy Services does

Employees: 2,384

Total Energy Services at a glance

Size Total Energy Services (TOT.TO) is a Canada Energy company (Oilfield Services/Equipment) with a market value of $851M, the 266th largest of 420 Canada companies the cockpit tracks. Shares closed at C$32.76 on 6 Nov 2026.

Performance Over six months the shares gained 41.3%, against -25.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd highest of 20 in its peer set.

Growth Revenue grew 21.7% over the last twelve months (peer median -6.4%); the operating margin is 8.6% (peer median 2.9%).

Valuation It trades at 9.7× forward earnings against a peer median of 16.2× (3rd cheapest of 16).

Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -20 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.0 points above its cost of capital (9.0% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026TOT.TO 146Peer median 73
Six months, rebased to 100: Total Energy Services against the median of its 20 peers (local-currency closes).

Total Energy Services financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$1.21BC$1.06BC$907MC$892MC$760M
Revenue growth—+17%+2%+17%—
Gross profitC$171MC$152MC$135MC$133MC$91.2M
EBITDAC$198MC$184MC$172MC$165MC$129M
Net incomeC$89.0MC$74.2MC$60.8MC$41.6MC$38.0M
Free cash flowC$92.8MC$101MC$56.6MC$64.1MC$79.2M
Capital expenditureC$98.7MC$93.7MC$91.1MC$75.2MC$56.7M
Total debtC$51.2MC$82.1MC$126MC$109MC$135M

Quarterly statements and history in the cockpit →

Total Energy Services 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%-60%-40%-20%0%603727FTKFETPUMPVIRIHTG6330002490AESI300084AT6038001921BWE688377ACDCCFW002554TOT.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Total Energy Services is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×100×200×603727FTKFETPUMPVIRIHTG6330AT603800BWE688377CFWTOT.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Total Energy Services is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%603727FETVIRIHTG6330AT603800RESHOS688377CFWTOT.TOGrowth 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. Total Energy Services is the large dot.

Total Energy Services competitors and peer comparison

How Total Energy Services 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.

Total Energy Services against its 20 peers (data as of 6 Nov 2026)
MeasureTOT.TOPeer medianRank in peer set
1-month return-4.0%-11.3%6th highest of 21
6-month return+41.3%-25.2%2nd highest of 20
Distance from 52-week high-19.4%-49.8%4th highest of 21
Revenue growth (TTM)+21.7%-6.4%3rd highest of 21
Operating margin8.6%2.9%6th highest of 21
Forward P/E9.7×16.2×3rd cheapest of 16
Growth the price implies (Req g, 7 yrs)3.7%-1.1%5th most demanding of 12
Growth delivered (Del g)+23.8%+9.6%2nd highest of 12
Hurdle (Req g minus delivered)-20.2 pp-5.6 pp3rd least demanding of 12
ROIC minus cost of capital+3.0 pp-4.2 pp3rd highest of 21
EV / EBITDA6.0×6.9×7th cheapest of 14
Net debt / EBITDA0.0×1.4×3rd least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Total Energy Services TOT.TOCanada$851M+41%+22%9%9.7×3.7%+23.8%
Bomesc Offshore Engineering 603727.SSChina$823M+6%-12%-7%249.4×-9.1%-6.1%
Flotek Industries FTKUnited States$886M+45%+59%13%21.9×n/an/a
Forum Energy Technologies FETUnited States$800M+30%+11%7%12.9×3.5%+9.1%
ProPetro PUMPUnited States$785M-59%-6%0%35.1×n/an/a
Viridien VIRI.PAFrance$763M-16%-14%11%22.9×-2.9%+4.1%
Hunting HTG.LUnited Kingdom$714M-25%-12%7%14.3×17.8%+9.6%
Toyo Engineering 6330.TJapan$711M-16%-31%-10%14.2×-2.1%-0.1%
Shandong Molong Petroleum Machinery 002490.SZChina$704M-33%+51%0%n/an/an/a
Atlas Energy Solutions AESIUnited States$678M-71%-4%-11%n/an/an/a
Haimo Technologies 300084.SZChina$667M-31%-7%-12%n/an/an/a
Ashtead Technology AT..LUnited Kingdom$660M+26%+9%26%16.2×-5.5%+36.8%
Jiangsu Hongtian Technology 603800.SSChina$1.11B-32%-27%-15%62.3×32.4%+5.1%
RPC RESUnited States$1.18B-22%+18%3%17.9×12.2%+22.1%
Hornbeck Offshore Services HOSUnited States$1.18Bn/a+2%8%8.6×-1.1%+12.0%
Dalipal 1921.HKHong Kong$603M-29%+3%3%14.5×n/an/a
BW Energy BWE.OLNorway$1.30B-15%-25%26%13.1×n/an/a
Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1 688377.SSChina$554M-52%0%9%30.2×7.5%+11.4%
ProFrac ACDCUnited States$547M-55%-16%-11%n/an/an/a
Calfrac Well Services CFW.TOCanada$506M+36%-15%6%7.2×-10.9%+14.5%
China Oil HBP Science & Technology 002554.SZChina$502M-28%-29%-17%n/an/an/a

Questions

Which companies are Total Energy Services's closest peers?
The cockpit's peer set: Bomesc Offshore Engineering (603727.SS), Flotek Industries (FTK), Forum Energy Technologies (FET), ProPetro (PUMP), Viridien (VIRI.PA), Hunting (HTG.L), Toyo Engineering (6330.T), Shandong Molong Petroleum Machinery (002490.SZ).
Is Total Energy Services expensive compared with its peers?
On forward p/e it trades at 9.7× against a peer median of 16.2×, 3rd cheapest of 16 in its peer set. For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -20 pp: the price already allows for a slowdown.
How has Total Energy Services stock performed?
Over six months to 6 Nov 2026 the shares returned +41.3% against -25.2% for the median peer; over one year +125.8%.

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.