CVEO Valuation

Civeo Corp

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23.750

-0.21(-0.876%)1D

Overview
Forecast
Valuation
Earnings

CVEO Relative Valuation

CVEO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CVEO is overvalued; if below, it's undervalued.

Historical Valuation

Civeo Corp (CVEO) is now in the Fair zone, suggesting that its current forward PS ratio of 0.44 is considered Fairly compared with the five-year average of -38.69. The fair price of Civeo Corp (CVEO) is between 23.62 to 31.57 according to relative valuation methord.

Relative Value

Fair Zone

23.62-31.57

Current Price：23.96

Fair

-950.00

Trailing

Forward

4.87

EV/EBITDA

Civeo Corp. (CVEO) has a current EV/EBITDA of 4.87. The 5-year average EV/EBITDA is 5.45. The thresholds are as follows: Strongly Undervalued below 3.73, Undervalued between 3.73 and 4.59, Fairly Valued between 6.32 and 4.59, Overvalued between 6.32 and 7.18, and Strongly Overvalued above 7.18. The current Forward EV/EBITDA of 4.87 falls within the Historic Trend Line -Fairly Valued range.

19.96

EV/EBIT

Civeo Corp. (CVEO) has a current EV/EBIT of 19.96. The 5-year average EV/EBIT is 332.35. The thresholds are as follows: Strongly Undervalued below -2395.67, Undervalued between -2395.67 and -1031.66, Fairly Valued between 1696.35 and -1031.66, Overvalued between 1696.35 and 3060.36, and Strongly Overvalued above 3060.36. The current Forward EV/EBIT of 19.96 falls within the Historic Trend Line -Fairly Valued range.

0.45

Civeo Corp. (CVEO) has a current PS of 0.45. The 5-year average PS is 0.50. The thresholds are as follows: Strongly Undervalued below 0.31, Undervalued between 0.31 and 0.40, Fairly Valued between 0.59 and 0.40, Overvalued between 0.59 and 0.68, and Strongly Overvalued above 0.68. The current Forward PS of 0.45 falls within the Historic Trend Line -Fairly Valued range.

5.11

P/OCF

Civeo Corp. (CVEO) has a current P/OCF of 5.11. The 5-year average P/OCF is 3.79. The thresholds are as follows: Strongly Undervalued below 1.86, Undervalued between 1.86 and 2.83, Fairly Valued between 4.76 and 2.83, Overvalued between 4.76 and 5.72, and Strongly Overvalued above 5.72. The current Forward P/OCF of 5.11 falls within the Overvalued range.

8.43

P/FCF

Civeo Corp. (CVEO) has a current P/FCF of 8.43. The 5-year average P/FCF is 5.40. The thresholds are as follows: Strongly Undervalued below 2.28, Undervalued between 2.28 and 3.84, Fairly Valued between 6.96 and 3.84, Overvalued between 6.96 and 8.52, and Strongly Overvalued above 8.52. The current Forward P/FCF of 8.43 falls within the Overvalued range.

Civeo Corp (CVEO) has a current Price-to-Book (P/B) ratio of 1.45. Compared to its 3-year average P/B ratio of 1.23 , the current P/B ratio is approximately 18.08% higher. Relative to its 5-year average P/B ratio of 1.11, the current P/B ratio is about 30.53% higher. Civeo Corp (CVEO) has a Forward Free Cash Flow (FCF) yield of approximately 3.17%. Compared to its 3-year average FCF yield of 18.74%, the current FCF yield is approximately -83.08% lower. Relative to its 5-year average FCF yield of 25.91% , the current FCF yield is about -87.76% lower.

1.44

P/B

Median3y

1.23

Median5y

1.11

3.14

FCF Yield

Median3y

18.74

Median5y

25.91

Competitors Valuation Multiple

The average P/S ratio for CVEO's competitors is 0.50, providing a benchmark for relative valuation. Civeo Corp Corp (CVEO) exhibits a P/S ratio of 0.44, which is -10.93% above the industry average. Given its robust revenue growth of -13.79%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

GreenTree Hospitality Group Ltd

Murano Global Investments Plc

Lindblad Expeditions Holdings Inc

1.06

23.04%

797.89M

Performance Decomposition

Market capitalization of CVEO decreased by 14.13% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -3.89 to -9.76.

The secondary factor is the Revenue Growth, contributed -13.79%to the performance.

Overall, the performance of CVEO in the past 1 year is driven by P/E Change. Which is more unsustainable.

-13.79%

188.71M → 162.69M

Revenue Growth

-151.39%

3.97 → -2.04

Margin Expansion

151.05%

-3.89 → -9.76

P/E Change

-14.13%