EFX.TO vs. IESC

Last updated Jun 4, 2026

EFX.TO (Enerflex Ltd.) and IESC (IES Holdings, Inc.) are both stocks. EFX.TO operates in Oil & Gas Equipment & Services (Energy), while IESC operates in Engineering & Construction (Industrials). Over the past 10 years, EFX.TO returned 15.08%/yr vs 48.35%/yr for IESC. At a 0.12 correlation, their price movements are largely independent.

Performance

EFX.TO vs. IESC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Enerflex Ltd. (EFX.TO) and IES Holdings, Inc. (IESC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EFX.TO is traded in CAD, while IESC is traded in USD. To make them comparable, the IESC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EFX.TO achieves a 70.76% return, which is significantly lower than IESC's 88.60% return. Over the past 10 years, EFX.TO has underperformed IESC with an annualized return of 15.08%, while IESC has yielded a comparatively higher 48.35% annualized return.

EFX.TO

• 1D: -0.66%
• 1M: -3.43%
• YTD: 70.76%
• 6M: 88.19%
• 1Y: 253.65%
• 3Y*: 66.42%
• 5Y*: 34.72%
• 10Y*: 15.08%

IESC

• 1D: 3.20%
• 1M: 17.96%
• YTD: 88.60%
• 6M: 72.10%
• 1Y: 169.98%
• 3Y*: 145.11%
• 5Y*: 72.48%
• 10Y*: 48.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFX.TO vs. IESC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFX.TO Enerflex Ltd.	70.76%	49.76%	136.45%	-27.27%	12.93%	17.98%	-44.71%	-21.19%	6.74%	-8.14%
IESC IES Holdings, Inc.	88.60%	84.70%	175.47%	117.81%	-24.75%	9.00%	76.39%	56.90%	-2.21%	-15.66%

Correlation

The correlation between EFX.TO and IESC is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jun 6, 2011	0.12

The correlation between EFX.TO and IESC shifts across timeframes, from 0.12 (all time) to 0.24 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EFX.TO : CA$4.40B IESC : $14.62B
EPS EFX.TO : CA$0.78 IESC : $18.85
PE Ratio EFX.TO : 46.12 IESC : 38.43
PEG Ratio EFX.TO : 5.04 IESC : 0.46
PS Ratio EFX.TO : 1.53 IESC : 4.02
PB Ratio EFX.TO : 3.86 IESC : 13.63
Total Revenue (TTM) EFX.TO : CA$2.90B IESC : $3.63B
Gross Profit (TTM) EFX.TO : CA$579.44M IESC : $931.31M
EBITDA (TTM) EFX.TO : CA$475.56M IESC : $487.14M

Return for Risk

EFX.TO vs. IESC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFX.TO

EFX.TO Risk / Return Rank: 99
EFX.TO Sharpe Ratio Rank: 99
EFX.TO Sortino Ratio Rank: 98
EFX.TO Omega Ratio Rank: 98
EFX.TO Calmar Ratio Rank: 99
EFX.TO Martin Ratio Rank: 99

IESC

IESC Risk / Return Rank: 91
IESC Sharpe Ratio Rank: 93
IESC Sortino Ratio Rank: 86
IESC Omega Ratio Rank: 87
IESC Calmar Ratio Rank: 95
IESC Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFX.TO vs. IESC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enerflex Ltd. (EFX.TO) and IES Holdings, Inc. (IESC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EFX.TO	IESC	Difference
Sharpe ratio: Return per unit of total volatility	6.13	2.79	+3.34
Sortino ratio: Return per unit of downside risk	5.67	2.95	+2.73
Omega ratio: Gain probability vs. loss probability	1.80	1.40	+0.40
Calmar ratio: Return relative to maximum drawdown	18.66	8.03	+10.63
Martin ratio: Return relative to average drawdown	61.86	22.58	+39.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFX.TO vs. IESC - Sharpe Ratio Comparison

The current EFX.TO Sharpe Ratio is 6.13, which is higher than the IESC Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of EFX.TO and IESC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EFX.TO	IESC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.13	2.79	+3.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	1.38	-0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	1.03	-0.69
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.60	-0.37

Drawdowns

EFX.TO vs. IESC - Drawdown Comparison

The maximum EFX.TO drawdown since its inception was -76.30%, smaller than the maximum IESC drawdown of -82.66%. Use the drawdown chart below to compare losses from any high point for EFX.TO and IESC.

Drawdown Indicators

	EFX.TO	IESC	Difference
Max Drawdown Largest peak-to-trough decline	-76.30%	-82.66%	+6.36%
Max Drawdown (1Y) Largest decline over 1 year	-13.69%	-21.30%	+7.61%
Max Drawdown (3Y) Largest decline over 3 years	-48.83%	-49.90%	+1.07%
Max Drawdown (5Y) Largest decline over 5 years	-53.30%	-53.38%	+0.08%
Max Drawdown (10Y) Largest decline over 10 years	-76.30%	-53.38%	-22.92%
Current Drawdown Current decline from peak	-6.87%	0.00%	-6.87%
Average Drawdown Average peak-to-trough decline	-31.98%	-27.48%	-4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	7.56%	-3.44%

Volatility

EFX.TO vs. IESC - Volatility Comparison

Enerflex Ltd. (EFX.TO) and IES Holdings, Inc. (IESC) have volatilities of 12.64% and 12.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFX.TO	IESC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.64%	12.46%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	34.20%	48.78%	-14.58%
Volatility (1Y) Calculated over the trailing 1-year period	41.81%	61.35%	-19.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.65%	53.03%	-7.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.84%	47.22%	-2.38%

Dividends

EFX.TO vs. IESC - Dividend Comparison

EFX.TO's dividend yield for the trailing twelve months is around 0.46%, while IESC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFX.TO Enerflex Ltd.	0.46%	0.74%	0.79%	1.63%	1.17%	1.11%	2.67%	3.52%	2.44%	2.28%	1.99%	2.56%
IESC IES Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

EFX.TO vs. IESC - Profitability Comparison

The chart below illustrates the profitability comparison between Enerflex Ltd. and IES Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EFX.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a gross profit of 139.67M and revenue of 574.43M. Therefore, the gross margin over that period was 24.3%.

IESC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported a gross profit of 238.70M and revenue of 974.20M. Therefore, the gross margin over that period was 24.5%.

EFX.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported an operating income of 64.92M and revenue of 574.43M, resulting in an operating margin of 11.3%.

IESC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported an operating income of 112.30M and revenue of 974.20M, resulting in an operating margin of 11.5%.

EFX.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a net income of 42.30M and revenue of 574.43M, resulting in a net margin of 7.4%.

IESC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported a net income of 110.00M and revenue of 974.20M, resulting in a net margin of 11.3%.

Frequently Asked Questions

Can I hold both EFX.TO and IESC in my portfolio?

EFX.TO and IESC have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.