ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
TSX:ATH - Toronto Stock Exchange - CA04682R1073 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to ATH. ATH was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. ATH gets an excellent profitability rating and is at the same time showing great financial health properties. ATH may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make ATH suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
ATH had positive earnings in the past year.
ATH had a positive operating cash flow in the past year.
In multiple years ATH reported negative net income over the last 5 years.
Of the past 5 years ATH 4 years had a positive operating cash flow.
1.2 Ratios
ATH has a better Return On Assets (18.90%) than 97.25% of its industry peers.
The Return On Equity of ATH (26.77%) is better than 96.79% of its industry peers.
The Return On Invested Capital of ATH (14.19%) is better than 95.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATH is above the industry average of 7.29%.
The 3 year average ROIC (10.38%) for ATH is below the current ROIC(14.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.9% | ||
| ROE | 26.77% | ||
| ROIC | 14.19% |
ROA(3y)14.02%
ROA(5y)4.44%
ROE(3y)19%
ROE(5y)-2.87%
ROIC(3y)10.38%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 34.15%, ATH belongs to the best of the industry, outperforming 97.25% of the companies in the same industry.
ATH's Profit Margin has improved in the last couple of years.
ATH has a better Operating Margin (30.23%) than 82.57% of its industry peers.
In the last couple of years the Operating Margin of ATH has grown nicely.
With a decent Gross Margin value of 64.30%, ATH is doing good in the industry, outperforming 77.52% of the companies in the same industry.
In the last couple of years the Gross Margin of ATH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.23% | ||
| PM (TTM) | 34.15% | ||
| GM | 64.3% |
OM growth 3Y38.33%
OM growth 5Y30.41%
PM growth 3Y-14.63%
PM growth 5Y1.59%
GM growth 3Y1.13%
GM growth 5Y-0.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ATH is still creating some value.
The number of shares outstanding for ATH has been reduced compared to 1 year ago.
Compared to 5 years ago, ATH has less shares outstanding
The debt/assets ratio for ATH has been reduced compared to a year ago.
2.2 Solvency
ATH has an Altman-Z score of 2.91. This is not the best score and indicates that ATH is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ATH (2.91) is better than 82.11% of its industry peers.
ATH has a debt to FCF ratio of 0.70. This is a very positive value and a sign of high solvency as it would only need 0.70 years to pay back of all of its debts.
ATH has a better Debt to FCF ratio (0.70) than 93.58% of its industry peers.
ATH has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ATH (0.11) is better than 66.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | 2.91 |
ROIC/WACC1.5
WACC9.47%
2.3 Liquidity
ATH has a Current Ratio of 2.21. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
ATH has a Current ratio of 2.21. This is amongst the best in the industry. ATH outperforms 80.28% of its industry peers.
ATH has a Quick Ratio of 2.04. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.04, ATH is in the better half of the industry, outperforming 78.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 673.33% over the past year.
ATH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 84.71% yearly.
ATH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.36%.
Measured over the past years, ATH shows a quite strong growth in Revenue. The Revenue has been growing by 11.85% on average per year.
EPS 1Y (TTM)673.33%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%900%
Revenue 1Y (TTM)16.36%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%16.46%
3.2 Future
The Earnings Per Share is expected to grow by 15.71% on average over the next years. This is quite good.
The Revenue is expected to decrease by -61.46% on average over the next years. This is quite bad
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue Next Year-45.98%
Revenue Next 2Y-27.95%
Revenue Next 3Y-61.46%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 5.28, which indicates a rather cheap valuation of ATH.
Based on the Price/Earnings ratio, ATH is valued cheaper than 90.83% of the companies in the same industry.
ATH is valuated cheaply when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.22 indicates a reasonable valuation of ATH.
ATH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ATH is cheaper than 60.55% of the companies in the same industry.
ATH is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.28 | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
ATH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATH is cheaper than 83.94% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 77.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.93 | ||
| EV/EBITDA | 4 |
4.3 Compensation for Growth
ATH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.06
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
5. Dividend
5.1 Amount
No dividends for ATH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ATH (5/2/2025, 7:00:00 PM)
4.54
+0.06 (+1.34%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners25.18%
Inst Owner ChangeN/A
Ins Owners1.61%
Ins Owner ChangeN/A
Market Cap2.29B
Analysts75.38
Price Target6.38 (40.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)98.96%
Min EPS beat(2)-32.11%
Max EPS beat(2)230.03%
EPS beat(4)1
Avg EPS beat(4)45.89%
Min EPS beat(4)-32.11%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)-87.74%
EPS beat(12)3
Avg EPS beat(12)-65.42%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-28.79%
Min Revenue beat(2)-30.9%
Max Revenue beat(2)-26.67%
Revenue beat(4)0
Avg Revenue beat(4)-26.2%
Min Revenue beat(4)-30.9%
Max Revenue beat(4)-18.31%
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)-1.75%
PT rev (3m)-1.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-50.76%
Revenue NY rev (3m)-50.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.28 | ||
| Fwd PE | 10.22 | ||
| P/S | 1.67 | ||
| P/FCF | 7.93 | ||
| P/OCF | 4.11 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 4 |
EPS(TTM)0.86
EY18.94%
EPS(NY)0.44
Fwd EY9.79%
FCF(TTM)0.57
FCFY12.62%
OCF(TTM)1.11
OCFY24.34%
SpS2.71
BVpS3.46
TBVpS3.46
PEG (NY)N/A
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.9% | ||
| ROE | 26.77% | ||
| ROCE | 18.56% | ||
| ROIC | 14.19% | ||
| ROICexc | 16.79% | ||
| ROICexgc | 16.79% | ||
| OM | 30.23% | ||
| PM (TTM) | 34.15% | ||
| GM | 64.3% | ||
| FCFM | 21.1% |
ROA(3y)14.02%
ROA(5y)4.44%
ROE(3y)19%
ROE(5y)-2.87%
ROIC(3y)10.38%
ROIC(5y)N/A
ROICexc(3y)12.18%
ROICexc(5y)N/A
ROICexgc(3y)12.18%
ROICexgc(5y)N/A
ROCE(3y)13.57%
ROCE(5y)N/A
ROICexcg growth 3Y41.66%
ROICexcg growth 5Y42.21%
ROICexc growth 3Y41.66%
ROICexc growth 5Y42.21%
OM growth 3Y38.33%
OM growth 5Y30.41%
PM growth 3Y-14.63%
PM growth 5Y1.59%
GM growth 3Y1.13%
GM growth 5Y-0.42%
F-Score7
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.7 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 233.38% | ||
| Cap/Sales | 19.6% | ||
| Interest Coverage | 17.3 | ||
| Cash Conversion | 105.39% | ||
| Profit Quality | 61.79% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.04 | ||
| Altman-Z | 2.91 |
F-Score7
WACC9.47%
ROIC/WACC1.5
Cap/Depr(3y)160.94%
Cap/Depr(5y)134.97%
Cap/Sales(3y)14.51%
Cap/Sales(5y)15.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)673.33%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%900%
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue 1Y (TTM)16.36%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%16.46%
Revenue Next Year-45.98%
Revenue Next 2Y-27.95%
Revenue Next 3Y-61.46%
Revenue Next 5YN/A
EBIT growth 1Y105%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year96.58%
EBIT Next 3Y40.34%
EBIT Next 5Y35.43%
FCF growth 1Y74.44%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y82.49%
OCF growth 3Y42.1%
OCF growth 5Y43.2%