ATHABASCA OIL CORP (ATH.CA)
CA04682R1073 - Common Stock
We assign a fundamental rating of 5 out of 10 to ATH. ATH was compared to 230 industry peers in the Oil, Gas & Consumable Fuels industry. ATH has an excellent financial health rating, but there are some minor concerns on its profitability. ATH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ATH has reported negative net income.
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
With a Return On Assets value of -2.50%, ATH is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
With a Return On Equity value of -3.23%, ATH is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Return On Invested Capital of ATH (7.80%) is better than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATH is in line with the industry average of 8.03%.
The 3 year average ROIC (6.94%) for ATH is below the current ROIC(7.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.5% | ||
| ROE | -3.23% | ||
| ROIC | 7.8% |
ROA(3y)16.48%
ROA(5y)3.02%
ROE(3y)24.94%
ROE(5y)-4.18%
ROIC(3y)6.94%
ROIC(5y)N/A
1.3 Margins
ATH has a Operating Margin (17.16%) which is in line with its industry peers.
ATH has a Gross Margin of 58.25%. This is in the better half of the industry: ATH outperforms 71.63% of its industry peers.
ATH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.16% | ||
| PM (TTM) | N/A | ||
| GM | 58.25% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.68%
GM growth 5Y4.92%
2. Health
2.1 Basic Checks
ATH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ATH has less shares outstanding
The number of shares outstanding for ATH has been increased compared to 5 years ago.
ATH has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.29 indicates that ATH is not in any danger for bankruptcy at the moment.
ATH has a better Altman-Z score (4.29) than 81.40% of its industry peers.
ATH has a debt to FCF ratio of 1.13. This is a very positive value and a sign of high solvency as it would only need 1.13 years to pay back of all of its debts.
ATH has a better Debt to FCF ratio (1.13) than 88.84% of its industry peers.
ATH has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
ATH's Debt to Equity ratio of 0.12 is fine compared to the rest of the industry. ATH outperforms 63.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.13 | ||
| Altman-Z | 4.29 |
ROIC/WACC0.95
WACC8.18%
2.3 Liquidity
A Current Ratio of 2.70 indicates that ATH has no problem at all paying its short term obligations.
The Current ratio of ATH (2.70) is better than 78.60% of its industry peers.
A Quick Ratio of 2.47 indicates that ATH has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.47, ATH is in the better half of the industry, outperforming 78.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.47 |
3. Growth
3.1 Past
ATH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -162.50%.
Looking at the last year, ATH shows a decrease in Revenue. The Revenue has decreased by -3.91% in the last year.
The Revenue has been growing by 9.06% on average over the past years. This is quite good.
EPS 1Y (TTM)-162.5%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q150%
Revenue 1Y (TTM)-3.91%
Revenue growth 3Y32.68%
Revenue growth 5Y9.06%
Revenue growth Q2Q18.48%
3.2 Future
Based on estimates for the next years, ATH will show a very strong growth in Earnings Per Share. The EPS will grow by 112.60% on average per year.
The Revenue is expected to grow by 7.35% on average over the next years.
EPS Next Y403%
EPS Next 2Y149.84%
EPS Next 3Y112.6%
EPS Next 5YN/A
Revenue Next Year12.13%
Revenue Next 2Y7.35%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ATH. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 11.07, the valuation of ATH can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as ATH.
ATH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.07 |
4.2 Price Multiples
ATH's Enterprise Value to EBITDA ratio is in line with the industry average.
ATH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ATH is cheaper than 62.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.78 | ||
| EV/EBITDA | 8.83 |
4.3 Compensation for Growth
ATH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ATH's earnings are expected to grow with 112.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y149.84%
EPS Next 3Y112.6%
5. Dividend
5.1 Amount
ATH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ATHABASCA OIL CORP
TSX:ATH (4/25/2024, 6:00:00 PM)
5.03
+0.05 (+1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.95B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.07 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.5% | ||
| ROE | -3.23% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.16% | ||
| PM (TTM) | N/A | ||
| GM | 58.25% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.7 | ||
| Quick Ratio | 2.47 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-162.5%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y403%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.91%
Revenue growth 3Y32.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y