AFRICA OIL CORP (AOI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:AOI - CA00829Q1019 - Common Stock
1.85 CAD
+0.03 (+1.65%)
Taking everything into account, AOI scores 3 out of 10 in our fundamental rating. AOI was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of AOI have multiple concerns. AOI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AOI had positive earnings in the past year.
In the past year AOI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AOI reported negative net income in multiple years.
AOI had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
AOI has a Return On Assets (-9.23%) which is in line with its industry peers.
With a Return On Equity value of -25.12%, AOI is not doing good in the industry: 64.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.23% | ||
| ROE | -25.12% | ||
| ROIC | N/A |
ROA(3y)-14.31%
ROA(5y)-5.12%
ROE(3y)-16.13%
ROE(5y)-6.12%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AOI does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AOI has less shares outstanding than it did 1 year ago.
AOI has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AOI has a worse debt to assets ratio.
2.2 Solvency
AOI has an Altman-Z score of 0.02. This is a bad value and indicates that AOI is not financially healthy and even has some risk of bankruptcy.
AOI has a Altman-Z score of 0.02. This is in the lower half of the industry: AOI underperforms 69.81% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that AOI is not too dependend on debt financing.
AOI has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: AOI outperforms 50.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.02 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AOI has a Current Ratio of 1.33. This is a normal value and indicates that AOI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.33, AOI is in the better half of the industry, outperforming 68.87% of the companies in the same industry.
A Quick Ratio of 1.16 indicates that AOI should not have too much problems paying its short term obligations.
AOI has a Quick ratio of 1.16. This is in the better half of the industry: AOI outperforms 68.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for AOI have decreased strongly by -71.43% in the last year.
The earnings per share for AOI have been decreasing by -44.07% on average. This is quite bad
EPS 1Y (TTM)-71.43%
EPS 3Y-44.07%
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.48%
3.2 Future
Based on estimates for the next years, AOI will show a very strong growth in Earnings Per Share. The EPS will grow by 26.41% on average per year.
AOI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 39.16% yearly.
EPS Next Y135.55%
EPS Next 2Y70.09%
EPS Next 3Y26.41%
EPS Next 5YN/A
Revenue Next Year120.95%
Revenue Next 2Y55.72%
Revenue Next 3Y39.16%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.82, the valuation of AOI can be described as correct.
AOI's Price/Earnings ratio is a bit cheaper when compared to the industry. AOI is cheaper than 64.62% of the companies in the same industry.
AOI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.49.
With a Price/Forward Earnings ratio of 6.52, the valuation of AOI can be described as very cheap.
AOI's Price/Forward Earnings ratio is rather cheap when compared to the industry. AOI is cheaper than 84.43% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AOI to the average of the S&P500 Index (23.69), we can say AOI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.82 | ||
| Fwd PE | 6.52 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AOI's earnings are expected to grow with 26.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y70.09%
EPS Next 3Y26.41%
5. Dividend
5.1 Amount
AOI has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
AOI's Dividend Yield is a higher than the industry average which is at 6.83.
AOI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
AOI has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
The earnings of AOI are negative and hence is the payout ratio. AOI will probably not be able to sustain this dividend level.
DP-4.79%
EPS Next 2Y70.09%
EPS Next 3Y26.41%
TSX:AOI (10/3/2025, 7:00:00 PM)
1.85
+0.03 (+1.65%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.25B
Revenue(TTM)76.40M
Net Income(TTM)-231.70M
Analysts86.67
Price Target26.28 (1320.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Yearly Dividend0.05
Dividend Growth(5Y)N/A
DP-4.79%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-75.25%
Min EPS beat(2)-100%
Max EPS beat(2)-50.49%
EPS beat(4)1
Avg EPS beat(4)-57.92%
Min EPS beat(4)-100%
Max EPS beat(4)18.81%
EPS beat(8)2
Avg EPS beat(8)802.66%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.82 | ||
| Fwd PE | 6.52 | ||
| P/S | 11.67 | ||
| P/FCF | N/A | ||
| P/OCF | 495.16 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.11
EY5.95%
EPS(NY)0.28
Fwd EY15.35%
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)0
OCFY0.2%
SpS0.16
BVpS1.91
TBVpS1.91
PEG (NY)0.12
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.23% | ||
| ROE | -25.12% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-14.31%
ROA(5y)-5.12%
ROE(3y)-16.13%
ROE(5y)-6.12%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 8.51% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 0.02 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.43%
EPS 3Y-44.07%
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y135.55%
EPS Next 2Y70.09%
EPS Next 3Y26.41%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.48%
Revenue Next Year120.95%
Revenue Next 2Y55.72%
Revenue Next 3Y39.16%
Revenue Next 5YN/A
EBIT growth 1Y-9.06%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1010.39%
EBIT Next 3Y113.35%
EBIT Next 5YN/A
FCF growth 1Y87.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.67%
OCF growth 3YN/A
OCF growth 5YN/A
AFRICA OIL CORP / AOI.CA FAQ
What is the ChartMill fundamental rating of AFRICA OIL CORP (AOI.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AOI.CA.
What is the valuation status of AFRICA OIL CORP (AOI.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to AFRICA OIL CORP (AOI.CA). This can be considered as Fairly Valued.
What is the profitability of AOI stock?
AFRICA OIL CORP (AOI.CA) has a profitability rating of 1 / 10.
What is the financial health of AFRICA OIL CORP (AOI.CA) stock?
The financial health rating of AFRICA OIL CORP (AOI.CA) is 3 / 10.
What is the expected EPS growth for AFRICA OIL CORP (AOI.CA) stock?
The Earnings per Share (EPS) of AFRICA OIL CORP (AOI.CA) is expected to grow by 135.55% in the next year.