Financials Civeo Corporation

Equities

CVEO

CA17878Y2078

Real Estate Development & Operations

Market Closed - Nyse 21:00:02 08/05/2024 BST 5-day change 1st Jan Change
24.72 USD +0.12% Intraday chart for Civeo Corporation +2.66% +8.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 218.7 197.6 273.2 473.3 336.9 361.5 - -
Enterprise Value (EV) 1 572.3 197.6 440.1 596.3 399.2 330.6 361.8 361.5
P/E ratio -3.58 x -1.44 x -479 x 196 x 11.4 x 218 x 46.4 x -
Yield - - - - 2.19% 4.05% 4.05% -
Capitalization / Revenue 0.41 x 0.37 x 0.46 x 0.68 x 0.48 x 0.54 x 0.54 x 0.53 x
EV / Revenue 1.08 x 0.37 x 0.74 x 0.86 x 0.57 x 0.5 x 0.54 x 0.53 x
EV / EBITDA 5.28 x 1.83 x 4.03 x 5.29 x 3.91 x 3.89 x 3.94 x -
EV / FCF 12.8 x 1.84 x 6.03 x 8.99 x 10.2 x 5.98 x 7.05 x 6.18 x
FCF Yield 7.81% 54.3% 16.6% 11.1% 9.82% 16.7% 14.2% 16.2%
Price to Book 0.45 x - 0.75 x 1.58 x 1.07 x 1.26 x 1.29 x -
Nbr of stocks (in thousands) 14,129 14,215 14,250 15,217 14,746 14,624 - -
Reference price 2 15.48 13.90 19.17 31.10 22.85 24.72 24.72 24.72
Announcement Date 27/02/20 26/02/21 28/02/22 28/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 527.6 529.7 594.5 697.1 700.8 666 675.5 680.5
EBITDA 1 108.4 108.1 109.1 112.8 102 85.06 91.8 -
EBIT 1 -22.9 11.6 13.99 17.02 39.49 12.32 17.17 13.6
Operating Margin -4.34% 2.19% 2.35% 2.44% 5.63% 1.85% 2.54% 2%
Earnings before Tax (EBT) 1 -69.08 -143.4 5.873 10.73 40.36 8.094 13.9 -
Net income 1 -60.34 -136.1 -0.575 2.226 30.16 1.661 7.636 -
Net margin -11.44% -25.7% -0.1% 0.32% 4.3% 0.25% 1.13% -
EPS 2 -4.320 -9.640 -0.0400 0.1590 2.010 0.1133 0.5333 -
Free Cash Flow 1 44.67 107.3 72.96 66.35 39.19 55.25 51.3 58.5
FCF margin 8.47% 20.25% 12.27% 9.52% 5.59% 8.3% 7.59% 8.6%
FCF Conversion (EBITDA) 41.22% 99.2% 66.85% 58.84% 38.41% 64.95% 55.89% -
FCF Conversion (Net income) - - - 2,980.77% 129.95% 3,325.51% 671.84% -
Dividend per Share 2 - - - - 0.5000 1.000 1.000 -
Announcement Date 27/02/20 26/02/21 28/02/22 28/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 159.8 165.7 185 184.2 162.2 167.6 178.8 183.6 170.8 166.1 172.6 171.2 156.1 159.5 175.3
EBITDA 1 34.51 25.56 37.08 35.03 15.1 20.17 31.6 32.91 17.36 17.25 24.19 26.93 17.27 18.55 26.6
EBIT 1 7.814 4.237 14.24 10.78 -12.25 -3.904 10.17 16.04 22.05 -0.033 6.74 8.116 -1.513 -1.022 6.972
Operating Margin 4.89% 2.56% 7.7% 5.85% -7.55% -2.33% 5.69% 8.74% 12.91% -0.02% 3.91% 4.74% -0.97% -0.64% 3.98%
Earnings before Tax (EBT) 1 11.91 3.465 12.05 9.976 -14.76 -5.078 7.045 8.009 30.39 -3.645 6.167 7.636 -2.827 -1.427 7.954
Net income 1 9.792 0.923 9.078 5.225 -13 -6.353 4.463 9.022 23.02 -5.133 3.411 4.566 -2.972 -1.52 4.716
Net margin 6.13% 0.56% 4.91% 2.84% -8.02% -3.79% 2.5% 4.91% 13.48% -3.09% 1.98% 2.67% -1.9% -0.95% 2.69%
EPS 2 0.5800 0.0600 0.5400 0.3200 -1.310 -0.4200 0.3000 0.6100 1.550 -0.3500 0.2333 0.3133 -0.2067 -0.1100 0.3400
Dividend per Share 2 - - - - - - - 0.2500 0.2500 - 0.2500 0.2500 0.2500 0.2500 0.2500
Announcement Date 28/02/22 29/04/22 29/07/22 28/10/22 28/02/23 28/04/23 28/07/23 27/10/23 29/02/24 26/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 354 - 167 123 62.2 - 0.31 -
Net Cash position 1 - - - - - 30.9 - -
Leverage (Debt/EBITDA) 3.263 x - 1.529 x 1.091 x 0.6099 x - 0.003333 x -
Free Cash Flow 1 44.7 107 73 66.4 39.2 55.2 51.3 58.5
ROE (net income / shareholders' equity) - - 0.81% 1.69% - -2.5% 2.3% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 34.70 - 25.40 19.70 21.30 19.70 19.10 -
Cash Flow per Share 5.350 8.310 - - - - - -
Capex 1 29.8 10.1 15.6 25.4 31.6 31.1 30.7 27.2
Capex / Sales 5.65% 1.9% 2.62% 3.65% 4.51% 4.67% 4.55% 4%
Announcement Date 27/02/20 26/02/21 28/02/22 28/02/23 29/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
24.72 USD
Average target price
32 USD
Spread / Average Target
+29.45%
Consensus
  1. Stock Market
  2. Equities
  3. CVEO Stock
  4. Financials Civeo Corporation