Enerflex Ltd. (EFX) - Net Assets
Based on the latest financial reports, Enerflex Ltd. (EFX) has net assets worth CA$1.61 Billion CAD (≈ $1.16 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.97 Billion ≈ $2.87 Billion USD) and total liabilities (CA$2.37 Billion ≈ $1.71 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Enerflex Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.61 Billion |
| % of Total Assets | 40.46% |
| Annual Growth Rate | 3.86% |
| 5-Year Change | 7.98% |
| 10-Year Change | 30.23% |
| Growth Volatility | 14.62 |
Enerflex Ltd. - Net Assets Trend (2009–2024)
This chart illustrates how Enerflex Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Enerflex Ltd. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Enerflex Ltd. (2009–2024)
The table below shows the annual net assets of Enerflex Ltd. from 2009 to 2024. For live valuation and market cap data, see market cap of Enerflex Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.51 Billion ≈ $1.09 Billion |
+8.19% |
| 2023-12-31 | CA$1.39 Billion ≈ $1.01 Billion |
-9.65% |
| 2022-12-31 | CA$1.54 Billion ≈ $1.12 Billion |
+13.97% |
| 2021-12-31 | CA$1.35 Billion ≈ $979.28 Million |
-3.07% |
| 2020-12-31 | CA$1.40 Billion ≈ $1.01 Billion |
+4.01% |
| 2019-12-31 | CA$1.34 Billion ≈ $971.35 Million |
+4.70% |
| 2018-12-31 | CA$1.28 Billion ≈ $927.75 Million |
+13.05% |
| 2017-12-31 | CA$1.13 Billion ≈ $820.66 Million |
+1.51% |
| 2016-12-31 | CA$1.12 Billion ≈ $808.47 Million |
-3.49% |
| 2015-12-31 | CA$1.16 Billion ≈ $837.71 Million |
+13.54% |
| 2014-12-31 | CA$1.02 Billion ≈ $737.84 Million |
+9.48% |
| 2013-12-31 | CA$931.66 Million ≈ $673.95 Million |
+5.07% |
| 2012-12-31 | CA$886.68 Million ≈ $641.41 Million |
+6.03% |
| 2011-12-31 | CA$836.26 Million ≈ $604.94 Million |
-30.69% |
| 2010-12-31 | CA$1.21 Billion ≈ $872.86 Million |
+41.28% |
| 2009-12-31 | CA$854.06 Million ≈ $617.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Enerflex Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 88.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$80.00 Million | 5.30% |
| Common Stock | CA$505.00 Million | 33.49% |
| Other Comprehensive Income | CA$-214.00 Million | -14.19% |
| Other Components | CA$1.14 Billion | 75.40% |
| Total Equity | CA$1.51 Billion | 100.00% |
Enerflex Ltd. Competitors by Market Cap
The table below lists competitors of Enerflex Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Driven Brands Holdings Inc
NASDAQ:DRVN
|
$2.31 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
$2.31 Billion |
|
Foxconn Technology Co Ltd
TW:2354
|
$2.31 Billion |
|
Kalpataru Projects International Ltd.
NSE:KPIL
|
$2.31 Billion |
|
TAV HAVALIMAN.HLDG ADR/4
F:5THA
|
$2.31 Billion |
|
Shanghai Awinic Technology Co Ltd
SHG:688798
|
$2.31 Billion |
|
DRDGOLD Limited
F:DUBA
|
$2.31 Billion |
|
Asahi India Glass Limited
NSE:ASAHIINDIA
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enerflex Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,394,022,000 to 1,508,136,810, a change of 114,114,810 (8.2%).
- Net income of 32,000,000 contributed positively to equity growth.
- Dividend payments of 9,000,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- Other comprehensive income decreased equity by 315,502,000.
- Other factors increased equity by 407,616,810.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$32.00 Million | +2.12% |
| Dividends Paid | CA$9.00 Million | -0.6% |
| Share Repurchases | CA$1.00 Million | -0.07% |
| Other Comprehensive Income | CA$-315.50 Million | -20.92% |
| Other Changes | CA$407.62 Million | +27.03% |
| Total Change | CA$- | 8.19% |
Book Value vs Market Value Analysis
This analysis compares Enerflex Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.80x to 3.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CA$13.17 | CA$36.90 | x |
| 2010-12-31 | CA$15.79 | CA$36.90 | x |
| 2011-12-31 | CA$10.81 | CA$36.90 | x |
| 2012-12-31 | CA$11.41 | CA$36.90 | x |
| 2013-12-31 | CA$11.91 | CA$36.90 | x |
| 2014-12-31 | CA$12.84 | CA$36.90 | x |
| 2015-12-31 | CA$14.58 | CA$36.90 | x |
| 2016-12-31 | CA$13.59 | CA$36.90 | x |
| 2017-12-31 | CA$12.72 | CA$36.90 | x |
| 2018-12-31 | CA$14.38 | CA$36.90 | x |
| 2019-12-31 | CA$14.95 | CA$36.90 | x |
| 2020-12-31 | CA$15.57 | CA$36.90 | x |
| 2021-12-31 | CA$15.10 | CA$36.90 | x |
| 2022-12-31 | CA$15.90 | CA$36.90 | x |
| 2023-12-31 | CA$11.26 | CA$36.90 | x |
| 2024-12-31 | CA$12.15 | CA$36.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enerflex Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.33%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.66x
- Recent ROE (2.12%) is below the historical average (3.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 14.11% | 6.61% | 1.34x | 1.60x | CA$35.11 Million |
| 2010 | 8.14% | 4.21% | 1.03x | 1.88x | CA$-22.38 Million |
| 2011 | -0.84% | -0.57% | 0.90x | 1.64x | CA$-90.61 Million |
| 2012 | 8.09% | 4.78% | 1.08x | 1.57x | CA$-16.89 Million |
| 2013 | 6.00% | 3.98% | 0.99x | 1.52x | CA$-37.30 Million |
| 2014 | 6.92% | 3.95% | 0.83x | 2.11x | CA$-31.30 Million |
| 2015 | 3.96% | 2.81% | 0.74x | 1.91x | CA$-69.66 Million |
| 2016 | -9.39% | -9.26% | 0.60x | 1.69x | CA$-216.20 Million |
| 2017 | 8.62% | 6.28% | 0.73x | 1.88x | CA$-15.69 Million |
| 2018 | 7.88% | 5.93% | 0.69x | 1.94x | CA$-27.11 Million |
| 2019 | 11.31% | 7.41% | 0.84x | 1.82x | CA$17.52 Million |
| 2020 | 4.95% | 5.68% | 0.56x | 1.56x | CA$-70.60 Million |
| 2021 | -1.36% | -1.92% | 0.44x | 1.62x | CA$-153.83 Million |
| 2022 | -6.54% | -5.68% | 0.42x | 2.77x | CA$-255.23 Million |
| 2023 | -7.96% | -3.51% | 0.81x | 2.81x | CA$-250.33 Million |
| 2024 | 2.12% | 1.33% | 0.60x | 2.66x | CA$-118.81 Million |
Industry Comparison
This section compares Enerflex Ltd.'s net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $164,948,955
- Average return on equity (ROE) among peers: -18.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enerflex Ltd. (EFX) | CA$1.61 Billion | 14.11% | 1.47x | $2.31 Billion |
| Bri-Chem Corp. (BRY) | $35.24 Million | -40.74% | 1.10x | $6.61 Million |
| CES Energy Solutions Corp (CEU) | $609.05 Million | 15.63% | 1.32x | $2.92 Billion |
| Calfrac Well Services Ltd. (CFW) | $328.84 Million | -25.18% | 1.72x | $387.05 Million |
| Enterprise Group Inc (E) | $51.99 Million | -1.80% | 0.57x | $83.04 Million |
| HTC Purenergy Inc. (HTC) | $21.80 Million | -16.58% | 0.56x | $1.03 Million |
| High Arctic Energy Services Inc. (HWO) | $115.23 Million | -31.75% | 0.16x | $7.90 Million |
| Mattr Corp (MATR) | $134.80 Million | 10.46% | 0.33x | $421.70 Million |
| Mccoy Global Inc (MCB) | $59.80 Million | -60.07% | 0.17x | $50.41 Million |
| North American Construction Group Ltd (NOA) | $127.78 Million | -16.56% | 4.87x | $400.31 Million |
About Enerflex Ltd.
Enerflex Ltd. offers energy infrastructure and energy transition solutions in North America, Latin America, and the Eastern Hemisphere. The company's portfolio includes compression, processing, cryogenic, and treated water solutions, spanning all phases of a project's lifecycle, from front-end engineering and design to after-market services; and energy infrastructure portfolio includes energy inf… Read more