As of 2025-05-14, the Intrinsic Value of PHX Energy Services Corp (PHX.TO) is 16.99 CAD. This PHX.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 8.07 CAD, the upside of PHX Energy Services Corp is 110.5%.

The range of the Intrinsic Value is 13.95 - 21.77 CAD.

Is PHX.TO undervalued or overvalued?

Based on its market price of 8.07 CAD and our intrinsic valuation, PHX Energy Services Corp (PHX.TO) is undervalued by 110.5%.

8.07 CAD

Stock Price

16.99 CAD

Intrinsic Value

Intrinsic Value Details

PHX.TO Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	13.95 - 21.77	16.99	110.5%
DCF (Growth Exit 10Y)	14.82 - 22.4	17.79	120.4%
DCF (EBITDA Exit 5Y)	11.3 - 13.26	12.24	51.7%
DCF (EBITDA Exit 10Y)	13.14 - 16.04	14.50	79.7%
Peter Lynch Fair Value	31.46 - 31.46	31.46	289.8%
P/E Multiples	7.37 - 8.81	7.84	-2.8%
EV/EBITDA Multiples	6.16 - 14.21	9.84	22.0%
Earnings Power Value	4.81 - 6.84	5.83	-27.8%
Dividend Discount Model - Stable	8.91 - 17.48	13.20	63.5%
Dividend Discount Model - Multi Stages	11.86 - 17.63	14.15	75.3%

PHX.TO Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Helmerich and Payne Inc	27.61 - 54.27	37.48	99.7%
Precision Drilling Corp	99.38 - 178.18	130.35	105.5%
Ensign Energy Services Inc	2.64 - 3.32	2.87	32.4%
Cathedral Energy Services Ltd	13.24 - 54.17	22.52	255.3%
Parker Drilling Co	0.21 - 2.45	1.16	-89.5%
Source Energy Services Ltd	11.13 - 29.76	17.74	43.7%
Smart Sand Inc	4.43 - 11.97	6.44	223.7%
AKITA Drilling Ltd	0.55 - 1.14	0.83	-53.2%
Stampede Drilling Inc	0.32 - 0.55	0.41	180.8%

PHX.TO Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	368
Beta	1.51
Outstanding shares (mil)	46
Enterprise Value (mil)	414

Market risk premium	5.6%
Cost of Equity	8.7%
Cost of Debt	5.55%
WACC	8.2%