EFXT
Enerflex Ltd.
EFXT's fundamentals are mixed, but it looks expensive: trading at 48x earnings, about four times its usual 13x. Analysts expect strong earnings growth.
EFXT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Healthy |
EFXT's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
EFXT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.6x | $1.50 | -93% |
| Forward | 9x | $20.33 | — |
| Fair | 13x | $5.35 | -74% |
| Expensive | 39x | $16.28 | -20% |
| Current | 48x | $20.33 | — |
Historical ranges are pointers, not guarantees.
EFXT's PE is in its expensive range at 48x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its fair range.
EFXT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for EFXT, with profitability improving.
EFXT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.25 | +437% |
| Q2 2026 | $0.42 | -54% |
| Q1 2026 | $0.53 | -10% |
| Q4 2025 | $0.37 | +48% |
EFXT earned $0.42 per share over the past year, down 54% from the year before.
EFXT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $582M | -7% |
| Q1 2026 | $575.9M | +4.6% |
| Q4 2025 | $636.6M | +17% |
| Q3 2025 | $768.3M | +27% |
| Q2 2025 | $625.5M | +1.9% |
| Q1 2025 | $550.3M | -13% |
EFXT's revenue is growing: $582M last quarter, down 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 10% | -2.7 points |
| Q1 2026 | 11% | -1.6 points |
| Q4 2025 | 9.6% | +3.2 points |
| Q3 2025 | 13% | +2.8 points |
| Q2 2025 | 13% | +1.9 points |
| Q1 2025 | 13% | +11 points |
| Q4 2024 | 6.4% | N/A |
| Q3 2024 | 10% | N/A |
EFXT's operating margin was 10% last quarter, down 2.7 points from the same quarter a year ago.
EFXT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $35M | +$73M |
| Q1 2026 | $15.8M | -81% |
| Q4 2025 | $147.4M | +38% |
| Q3 2025 | $48.8M | -30% |
| Q2 2025 | -$38M | -2099% |
| Q1 2025 | $82M | +33% |
EFXT generated $247M in free cash flow over the past year, up 12% from the year before.
EFXT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +109K shares |
| 1 year | -1% | -1.2M shares |
EFXT has 122M diluted shares, down 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $1M |
| Q3 2025 | $5.7M |
| Q2 2025 | $14M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
EFXT spent $7M buying back its own shares over the past year, down 52% from the year before.
EFXT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.3x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EFXT's net debt is about 1.2 years of its operating earnings (EBITDA), down from 1.6 years a year ago.
EFXT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.1 | Neutral |
| Stochastic | 26.3 | Neutral |
EFXT's weekly RSI is 44 (neutral) and its Stochastic is 26 (neutral).
EFXT PE vs Energy Sector
| Metric | EFXT | Sector median | Relative |
|---|---|---|---|
| PE | 48x | 13x | 269% above |
| PE % | 96 | 61 | 35 pts above |
EFXT is trading at 48x earnings, a 269% premium to the Energy sector's median of 13x.
EFXT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.9 | 11% below |
| 20 week MA | $22.5 | 9.5% below |
| 50 week MA | $21.6 | 5.7% below |
| 100 week MA | $15.4 | 32% above |
| 200 week MA | $10.7 | 91% above |
EFXT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 91% above its 200-week average.
EFXT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.80 | $5.21 | -41% |
| 2021 | $5.21 | $5.75 | +10% |
| 2022 | $5.75 | $6.35 | +10% |
| 2023 | $6.35 | $4.67 | -26% |
| 2024 | $4.67 | $9.71 | +108% |
| 2025 | $9.71 | $15.2 | +57% |
| 2026 YTD | $15.2 | $20.3 | +34% |
EFXT has finished higher in four of the last six years, two of them by more than 50%. It's up 34% so far in 2026.