# Enerflex Ltd. (EFX.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Technology / Electronic Equipment, Instruments & Components. Price C$30.75, market value C$3.8 billion.

## Valuation
- **P/E (trailing): 50.4×** (5-yr avg 47.0×, 3-yr avg 47.0×). Enerflex Ltd. trades at 50.4× trailing earnings, close to its own five-year average of 47.0×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 11.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.11**. A PEG of 0.11 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×.
- **Price / book: 2.3×**. The shares trade at 2.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.6×**. Enterprise value is 7.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 9.8%** (5-yr avg 10.9%). Free cash flow equals 9.8% of the market value, in line with its five-year average of 10.9%. Above 5% is generally attractive.
- **Earnings yield: 2.0%**. The inverse of the P/E: 2.0% of the price is earned each year.

## Profitability
- **Gross margin: 22.2%**. Enerflex Ltd. keeps 22.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 12.5%**. 12.5% of revenue is left after running the business.
- **Net margin: 2.5%**. 2.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.0%**. 6.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 9.8%**. Return on all capital, debt included, is 9.8%.
- **Return on assets: 2.5%**. Each dollar of assets produces 2.5% of profit.

## Growth
- **Revenue growth (1 yr): 8.4%** (3-yr 13.7%/yr, 5-yr 16.5%/yr). Revenue grew 8.4% over the last year, against 16.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 103.8%** (5-yr -11.6%/yr). Earnings per share rose 103.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.60**. Debt is 0.60 times equity, moderate leverage.
- **Net debt / EBITDA: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.0×**. Operating profit covers interest 5.0× over, a safe margin.
- **Current ratio: 1.13** (quick 0.81). Current assets cover the next year's liabilities 1.13 times.
- **Altman Z-score: 3.39**. A Z-score of 3.39 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 9/9**. 9 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.55%** (C$0.17 per share, trailing). Enerflex Ltd. yields 0.55%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 27%** (7% of free cash flow). 27% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): -2.1%/yr** (1-yr 38.9%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 117.5%** (YTD 45.7%, 3-mo -8.6%). The shares are up 117.5% over twelve months including dividends.
- **From 52-week high: -23.0%** (121.5% above the low). Trading 23% 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): 0.77** (volatility 45%). Beta of 0.77 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=EFX.TO · Page: https://foliofundamentals.com/stocks/efx.to

Not investment advice.