ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ATH - CA04682R1073 - Common Stock
7.32 CAD
+0.47 (+6.86%)
ATH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. ATH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ATH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year ATH was profitable.
- In the past year ATH had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: ATH reported negative net income in multiple years.
- Of the past 5 years ATH 4 years had a positive operating cash flow.
1.2 Ratios
- ATH's Return On Assets of 18.28% is amongst the best of the industry. ATH outperforms 97.20% of its industry peers.
- Looking at the Return On Equity, with a value of 26.00%, ATH belongs to the top of the industry, outperforming 97.66% of the companies in the same industry.
- The Return On Invested Capital of ATH (13.84%) is better than 96.73% of its industry peers.
- ATH had an Average Return On Invested Capital over the past 3 years of 10.38%. This is above the industry average of 6.53%.
- The last Return On Invested Capital (13.84%) for ATH is above the 3 year average (10.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.28% | ||
| ROE | 26% | ||
| ROIC | 13.84% |
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
- The Profit Margin of ATH (33.84%) is better than 95.79% of its industry peers.
- In the last couple of years the Profit Margin of ATH has grown nicely.
- ATH has a better Operating Margin (30.10%) than 85.05% of its industry peers.
- ATH's Operating Margin has improved in the last couple of years.
- ATH has a Gross Margin of 62.58%. This is amongst the best in the industry. ATH outperforms 80.84% of its industry peers.
- ATH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.1% | ||
| PM (TTM) | 33.84% | ||
| GM | 62.58% |
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.
- ATH has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ATH has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.95 indicates that ATH is not in any danger for bankruptcy at the moment.
- ATH's Altman-Z score of 3.95 is amongst the best of the industry. ATH outperforms 81.78% of its industry peers.
- ATH has a debt to FCF ratio of 0.92. This is a very positive value and a sign of high solvency as it would only need 0.92 years to pay back of all of its debts.
- ATH has a Debt to FCF ratio of 0.92. This is amongst the best in the industry. ATH outperforms 92.52% 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.
- Looking at the Debt to Equity ratio, with a value of 0.11, ATH is in the better half of the industry, outperforming 70.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 3.95 |
ROIC/WACC1.71
WACC8.1%
2.3 Liquidity
- ATH has a Current Ratio of 2.02. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
- ATH has a better Current ratio (2.02) than 79.44% of its industry peers.
- A Quick Ratio of 1.84 indicates that ATH should not have too much problems paying its short term obligations.
- ATH has a better Quick ratio (1.84) than 80.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.84 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 117.07% over the past year.
- The Earnings Per Share has been growing by 84.71% on average over the past years. This is a very strong growth
- ATH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.40%.
- ATH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.85% yearly.
EPS 1Y (TTM)117.07%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%16.67%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-9.68%
3.2 Future
- The Earnings Per Share is expected to grow by 6.83% on average over the next years.
- The Revenue is expected to decrease by -29.22% on average over the next years. This is quite bad
EPS Next Y-37.76%
EPS Next 2Y-24.92%
EPS Next 3Y-1.85%
EPS Next 5Y6.83%
Revenue Next Year-4.05%
Revenue Next 2Y-3.43%
Revenue Next 3Y-29.22%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
- A Price/Earnings ratio of 8.22 indicates a reasonable valuation of ATH.
- 82.71% of the companies in the same industry are more expensive than ATH, based on the Price/Earnings ratio.
- ATH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.32.
- The Price/Forward Earnings ratio is 15.10, which indicates a correct valuation of ATH.
- Based on the Price/Forward Earnings ratio, ATH is valued a bit cheaper than the industry average as 65.42% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.30, ATH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 15.1 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ATH is valued cheaper than 84.58% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 68.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.52 | ||
| EV/EBITDA | 6.37 |
4.3 Compensation for Growth
- ATH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2Y-24.92%
EPS Next 3Y-1.85%
5. Dividend
5.1 Amount
- ATH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:ATH (1/21/2026, 7:00:00 PM)
7.32
+0.47 (+6.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)03-04 2026-03-04/amc
Inst Owners22.07%
Inst Owner ChangeN/A
Ins Owners2.14%
Ins Owner ChangeN/A
Market Cap3.56B
Revenue(TTM)1.37B
Net Income(TTM)462.85M
Analysts73.85
Price Target7.85 (7.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0
Avg EPS beat(2)-8.61%
Min EPS beat(2)-16.22%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)51.31%
Min EPS beat(4)-16.22%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)14.22%
EPS beat(12)1
Avg EPS beat(12)-60.64%
EPS beat(16)4
Avg EPS beat(16)159.72%
Revenue beat(2)0
Avg Revenue beat(2)-28.36%
Min Revenue beat(2)-32.85%
Max Revenue beat(2)-23.87%
Revenue beat(4)0
Avg Revenue beat(4)-29.49%
Min Revenue beat(4)-32.85%
Max Revenue beat(4)-23.87%
Revenue beat(8)0
Avg Revenue beat(8)-28.12%
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)4.13%
PT rev (3m)17.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)25%
EPS NY rev (1m)0%
EPS NY rev (3m)0.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 15.1 | ||
| P/S | 2.6 | ||
| P/FCF | 16.52 | ||
| P/OCF | 6.58 | ||
| P/B | 2 | ||
| P/tB | 2 | ||
| EV/EBITDA | 6.37 |
EPS(TTM)0.89
EY12.16%
EPS(NY)0.48
Fwd EY6.62%
FCF(TTM)0.44
FCFY6.05%
OCF(TTM)1.11
OCFY15.2%
SpS2.81
BVpS3.66
TBVpS3.66
PEG (NY)N/A
PEG (5Y)0.1
Graham Number8.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.28% | ||
| ROE | 26% | ||
| ROCE | 18.1% | ||
| ROIC | 13.84% | ||
| ROICexc | 16.23% | ||
| ROICexgc | 16.23% | ||
| OM | 30.1% | ||
| PM (TTM) | 33.84% | ||
| GM | 62.58% | ||
| FCFM | 15.74% |
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
ROICexgc growth 3Y41.66%
ROICexgc 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 Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.92 | ||
| Debt/EBITDA | 0.37 | ||
| Cap/Depr | 259.53% | ||
| Cap/Sales | 23.8% | ||
| Interest Coverage | 25.09 | ||
| Cash Conversion | 100.69% | ||
| Profit Quality | 46.53% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.84 | ||
| Altman-Z | 3.95 |
F-Score7
WACC8.1%
ROIC/WACC1.71
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)117.07%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%16.67%
EPS Next Y-37.76%
EPS Next 2Y-24.92%
EPS Next 3Y-1.85%
EPS Next 5Y6.83%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-9.68%
Revenue Next Year-4.05%
Revenue Next 2Y-3.43%
Revenue Next 3Y-29.22%
Revenue Next 5YN/A
EBIT growth 1Y14.17%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year85.13%
EBIT Next 3Y32.15%
EBIT Next 5Y27.92%
FCF growth 1Y36.73%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y99.14%
OCF growth 3Y42.1%
OCF growth 5Y43.2%
ATHABASCA OIL CORP / ATH.CA FAQ
What is the ChartMill fundamental rating of ATHABASCA OIL CORP (ATH.CA) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ATH.CA.
What is the valuation status for ATH stock?
ChartMill assigns a valuation rating of 6 / 10 to ATHABASCA OIL CORP (ATH.CA). This can be considered as Fairly Valued.
How profitable is ATHABASCA OIL CORP (ATH.CA) stock?
ATHABASCA OIL CORP (ATH.CA) has a profitability rating of 8 / 10.
What is the valuation of ATHABASCA OIL CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ATHABASCA OIL CORP (ATH.CA) is 8.22 and the Price/Book (PB) ratio is 2.