Enterprise (E) AI Stock Analysis

• Market Cap: C$84.19M
• Dividend Yield: N/A
• Average Volume (3M): 202.38K
• Price to Earnings (P/E): 31.8
• Beta (1Y): 1.16
• Revenue Growth: -7.13%
• EPS Growth: -60.41%
• Country: CA
• Employees: 90
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.00
• Shares Outstanding: 81,742,070
• 10 Day Avg. Volume: 208,000
• 30 Day Avg. Volume: 202,383
• PEG Ratio: -0.82
• Price to Book (P/B): 1.28
• Price to Sales (P/S): 3.09
• P/FCF Ratio: -38.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.58
• Price Target Upside: 53.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.08
• Revenue Forecast (FY): C$48.96M

• Rating: 60 Neutral
• Price Target: C$1.00 ▼(-2.91% Downside)
• Action: Reiterated Date: 03/15/26
• Date: Action: Reiterated 03/15/26

The score is supported primarily by solid underlying financial health (revenue growth, sustained profitability since 2022, and improved leverage), but it is held back by persistently negative free cash flow, weakening recent earnings, and bearish technical signals with the price below key moving averages. A high P/E and lack of dividend yield data further limit the valuation component.

Positive Factors

Consistent revenue growth

Sustained top-line growth across 2022–2025 demonstrates persistent demand and scale expansion in core energy products. This trend supports longer‑term capacity utilisation, bargaining power with suppliers and customers, and provides a foundation for margin recovery if cost control improves.

Improving leverage

Material reduction in leverage and expanded equity strengthen balance-sheet resilience, lowering refinancing risk and improving financial flexibility. This durable improvement enables the company to pursue capex or M&A with less strain on cash flow and greater creditor confidence over months.

Positive and rising operating cash flow

Consistent, increasing operating cash flow indicates core operations generate real cash even if free cash flow is negative. This reliable cash generation underpins working capital, funds ongoing operations and investment, and reduces default risk relative to peers dependent on financing.

Negative Factors

Persistently negative free cash flow

Repeated negative free cash flow, and a deterioration in 2025, signals capex or reinvestment outstripping operating cash generation. Over a medium horizon this constrains debt reduction, dividends or buybacks, and increases reliance on external financing if capex remains elevated.

Declining net income

Earnings have fallen despite revenue growth, implying margin compression or rising costs. Sustained profit declines erode reinvestment capacity and shareholder returns, and indicate underlying operational or pricing pressures that could persist absent structural cost or pricing fixes.

Materially lower ROE

A sharp drop in ROE shows reduced efficiency in converting equity into profit as the balance sheet grows. Lower capital efficiency can persistently limit investor returns and suggest the company needs to improve asset returns or reallocate capital to restore long‑term profitability.

Enterprise Business Overview & Revenue Model

Company Description

Enterprise Group, Inc., through its subsidiaries, operates as an equipment rental and construction services company operating in the energy and construction industries. The company primarily focuses on the specialty equipment rental business. It provides flameless heaters to the construction, oil and gas development, and plant shut-down activities in Western Canada. The company also offers oilfield infrastructure site and rental services covering modular/combo equipment, including fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos. In addition, it provides infrastructure site services and rentals for a variety of oil and gas customers servicing the Fort St. John area. The company was formerly known as Enterprise Oilfield Group, Inc. and changed its name to Enterprise Group, Inc. in July 2012. Enterprise Group, Inc. was incorporated in 2004 and is headquartered in St. Albert, Canada.

How the Company Makes Money

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Enterprise Financial Statement Overview

Summary

Financials show a multi-year recovery with steady revenue growth and sustained profitability since 2022, supported by improving leverage and expanding equity. Offsetting this, net income has declined from 2023 to 2025 and free cash flow has been negative (and worse in 2025), which raises concerns about margin durability and cash conversion.

Income Statement

Revenue has grown steadily from 2022–2025 (including ~7.4% growth in 2025), showing improving scale and demand. Profitability recovered strongly from losses in 2020–2021 to solid positive earnings from 2022 onward, but net income has declined from 2023 to 2025 (6.17M → 4.54M → 3.53M), suggesting margin pressure and/or higher costs. Overall, the trajectory is positive versus the early-cycle trough, but recent profit momentum is a clear watch item.

Balance Sheet

Leverage looks controlled: debt-to-equity improved meaningfully from 0.63 (2023) to 0.33 (2024), indicating a stronger capital position. Equity has also expanded substantially (2023 to 2025), supporting a larger asset base and improving balance-sheet resilience. The main drawback is that returns on equity have cooled materially from the 2023 peak (15.1% in 2023 to 5.5% in 2024), implying the company is generating less profit per dollar of equity as the balance sheet grows.

Cash Flow

Operating cash flow is consistently positive and has risen versus 2024 (12.13M → 13.45M in 2025), which supports earnings quality and ongoing operations. However, free cash flow is negative in most recent years (2023–2025), and it worsened in 2025 versus 2024, indicating heavier reinvestment and/or weaker cash conversion after capital spending. In short: the business is generating cash from operations, but it is not currently translating that into sustainable surplus cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.35M	34.65M	33.50M	26.89M	18.73M
Gross Profit	9.40M	15.56M	10.50M	10.88M	6.63M
EBITDA	11.40M	12.71M	12.92M	8.27M	4.67M
Net Income	3.53M	4.54M	6.17M	2.28M	-2.38M
Balance Sheet
Total Assets	128.25M	118.34M	72.81M	55.37M	51.15M
Cash, Cash Equivalents and Short-Term Investments	11.14M	30.67M	3.79M	1.06M	876.54K
Total Debt	26.86M	27.22M	25.70M	15.51M	14.80M
Total Liabilities	40.84M	36.03M	32.01M	20.59M	18.93M
Stockholders Equity	87.41M	82.31M	40.80M	34.79M	32.22M
Cash Flow
Free Cash Flow	-2.92M	-4.78M	-1.58M	341.82K	-344.63K
Operating Cash Flow	13.45M	12.13M	13.53M	5.91M	3.50M
Investing Cash Flow	-33.45M	-15.90M	-14.29M	-4.35M	-2.47M
Financing Cash Flow	468.16K	30.65M	3.48M	-1.37M	-937.41K

Enterprise Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:E, the sentiment is Negative. The current price of 1.03 is below the 20-day moving average (MA) of 1.21, below the 50-day MA of 1.28, and below the 200-day MA of 1.43, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 29.13 is Positive, neither overbought nor oversold. The STOCH value of 7.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:E.

Enterprise Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHLE	67 Neutral	C$215.17M	6.13	15.59%	―	-0.39%	-86.01%
MCB	67 Neutral	C$60.90M	8.76	11.40%	3.26%	15.91%	-2.15%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
E	60 Neutral	C$84.19M	31.76	4.18%	―	-7.13%	-60.41%
BRY	49 Neutral	C$6.61M	11.55	-8.25%	―	-11.17%	6.19%
HWO	49 Neutral	C$11.43M	2.90	-0.93%	―	-75.46%	-100.66%
SFD	44 Neutral	C$39.83M	-7.96	-45.78%	―	418.77%	56.71%

Enterprise Corporate Events

Enterprise Group Posts Strong Q4 2025, Expands Power Solutions Platform With FlexEnergy Deal

Enterprise Group reported a more traditionally seasonal 2025, with activity dipping during the spring breakup but strengthening in the second half as work shifted from Northeastern British Columbia toward Alberta and toward shorter, more dispersed projects. This pattern supported higher fourth-quarter revenue and margins but contributed to some compression in full-year gross margin and adjusted EBITDA despite solid overall cash generation.

Fourth-quarter revenue rose 32% year over year to $10.3 million, with gross margin up 50% and adjusted EBITDA up 52%, while full-year revenue grew 5% to $36.4 million but with lower gross margin dollars and adjusted EBITDA than 2024. A $20 million acquisition of FlexEnergy Canada, rebranded as Evolution Power Solutions, positioned Enterprise as the exclusive Canadian OEM representative for FlexEnergy turbines and broadened it into a diversified power-solutions platform, while refinancing and debt consolidation reduced borrowing costs and strengthened the balance sheet.

The most recent analyst rating on (TSE:E) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Enterprise stock, see the TSE:E Stock Forecast page.

Enterprise Group Sets Q4 and 2025 Results Date as Warrants Fully Exercised

Enterprise Group, Inc., a provider of specialized natural gas power generation equipment and emissions-reduction technologies to the energy, resource and industrial sectors, plans to release its financial results for the fourth quarter of 2025 and the year ended December 31, 2025 after markets close on March 12, 2026. The company also reported that all outstanding warrants and broker warrants associated with a March 2024 financing, carrying an average exercise price of $0.95 and expiring on March 12, 2026, have been fully exercised, a development that strengthens its capital position and underscores investor confidence in its growth prospects.

The upcoming earnings release will offer investors greater visibility into Enterprise Group’s recent performance and the financial impact of its emissions-mitigating solutions in Western Canada’s resource sector. Full exercise of the warrants increases the company’s equity base without new debt, potentially enhancing its flexibility to pursue further technology deployment and expansion within the energy and industrial markets.

The most recent analyst rating on (TSE:E) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Enterprise stock, see the TSE:E Stock Forecast page.

Enterprise Group Expands Power-Solutions Platform as Canadian Natural Gas Market Strengthens

Enterprise Group reported that 2025 was a year of significant progress, highlighted by the acquisition of FlexEnergy Solutions Canada, which expanded its in-field turbine fleet by 43% and established the company as the exclusive Canadian OEM representative for FlexEnergy. This deal firmly positions Enterprise in the power solutions industry with capabilities spanning short-, long-term and permanent installations, broadening its reach beyond traditional energy-sector services into commercial and industrial markets for primary and combined heat and power applications. The company also strengthened its balance sheet by repaying and expanding its credit facility to $41 million while continuing to support its share price through a normal course issuer bid, and it set 2026 priorities focused on improving fleet utilization, disciplined capital allocation and maintaining strict return thresholds for growth investments. Management frames these moves against a backdrop of rising Canadian natural gas activity and large-scale LNG export projects that are expected to support a stronger long-term market for Western Canadian gas, potentially enhancing Enterprise’s growth prospects and industry positioning as a key provider of low-emission power and infrastructure solutions.

The most recent analyst rating on (TSE:E) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Enterprise stock, see the TSE:E Stock Forecast page.

Enterprise Group Wins New Alberta Oil and Gas Client With Natural Gas Microgrid Deployment

Enterprise Group’s subsidiary Evolution Power Projects has signed a Master Services Agreement with an established private oil and gas producer in central Alberta and deployed a multi-turbine, natural-gas-fueled microgrid to power the client’s water-transfer operations for fracturing activities. The centralized, distributed microgrid replaces multiple diesel units traditionally used in frac and water-transfer operations, offering scalable, reliable power distribution with onboard load management and redundancy, helping the operator reduce diesel dependency, improve safety, and align with tightening environmental and regulatory expectations while bolstering Enterprise’s positioning as a provider of lower-emission, natural gas-based power solutions across Western Canada.

The most recent analyst rating on (TSE:E) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Enterprise stock, see the TSE:E Stock Forecast page.