# Civeo Corporation (Canada) (CVEO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Professional Services. Price $34.14, market value $353 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Civeo Corporation (Canada) reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.0×**. Enterprise value is 6.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.7%** (5-yr avg 16.7%). Free cash flow equals 4.7% of the market value, below its five-year average of 16.7%, so the shares are pricier on cash than usual.

## Profitability
- **Gross margin: 23.7%**. Civeo Corporation (Canada) keeps 23.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.2%**. 2.2% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -3.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -11.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 3.5%**. Return on all capital, debt included, is 3.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.8%**. Each dollar of assets produces -2.8% of profit.

## Growth
- **Revenue growth (1 yr): -6.3%** (3-yr -2.9%/yr, 5-yr 3.8%/yr). Revenue fell 6.3% over the last year, against 3.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -33.6%**. Earnings per share fell 33.6%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -68.1%/yr**. Free cash flow has compounded at -68.1% a year over three years.

## Financial health
- **Debt to equity: 1.05**. Debt is 1.05 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.9×**. It would take 1.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.58**. A Z-score of 2.58 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Civeo Corporation (Canada) does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 45.5%** (YTD 49.3%, 3-mo -1.4%). The shares are up 45.5% over twelve months including dividends.
- **From 52-week high: -6.5%** (72.9% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.70** (volatility 36%). Beta of 0.70 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CVEO · Page: https://foliofundamentals.com/stocks/cveo

Not investment advice.