ATHABASCA OIL CORP (ATH.CA) Fundamental Analysis & Valuation

TSX:ATH • CA04682R1073

Current stock price

9.06 CAD
+0.04 (+0.44%)
Last:

This ATH.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. ATH.CA Profitability Analysis

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.
ATH.CA Yearly Net Income VS EBIT VS OCF VS FCFATH.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • ATH has a Return On Assets of 18.28%. This is amongst the best in the industry. ATH outperforms 96.70% 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 97.17% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 13.84%, ATH belongs to the top of the industry, outperforming 96.70% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ATH is above the industry average of 6.67%.
  • The 3 year average ROIC (10.38%) for ATH is below the current ROIC(13.84%), indicating increased profibility in the last year.
Industry RankSector 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
ATH.CA Yearly ROA, ROE, ROICATH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • ATH has a Profit Margin of 33.84%. This is amongst the best in the industry. ATH outperforms 95.28% of its industry peers.
  • ATH's Profit Margin has improved in the last couple of years.
  • The Operating Margin of ATH (30.10%) is better than 85.38% of its industry peers.
  • In the last couple of years the Operating Margin of ATH has grown nicely.
  • The Gross Margin of ATH (62.58%) is better than 81.13% of its industry peers.
  • In the last couple of years the Gross Margin of ATH has remained more or less at the same level.
Industry RankSector 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%
ATH.CA Yearly Profit, Operating, Gross MarginsATH.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. ATH.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATH is 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.
ATH.CA Yearly Shares OutstandingATH.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
ATH.CA Yearly Total Debt VS Total AssetsATH.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 4.57 indicates that ATH is not in any danger for bankruptcy at the moment.
  • ATH has a Altman-Z score of 4.57. This is amongst the best in the industry. ATH outperforms 82.55% 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.
  • The Debt to FCF ratio of ATH (0.92) is better than 93.40% of its industry peers.
  • A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
  • ATH's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. ATH outperforms 69.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.92
Altman-Z 4.57
ROIC/WACC1.71
WACC8.1%
ATH.CA Yearly LT Debt VS Equity VS FCFATH.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 2.02 indicates that ATH has no problem at all paying its short term obligations.
  • ATH has a Current ratio of 2.02. This is in the better half of the industry: ATH outperforms 78.30% 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 Quick ratio of 1.84. This is in the better half of the industry: ATH outperforms 78.30% of its industry peers.
Industry RankSector Rank
Current Ratio 2.02
Quick Ratio 1.84
ATH.CA Yearly Current Assets VS Current LiabilitesATH.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. ATH.CA Growth Analysis

3.1 Past

  • ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 117.07%, which is quite impressive.
  • Measured over the past years, ATH shows a very strong growth in Earnings Per Share. The EPS has been growing by 84.71% on average per year.
  • 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 -31.54% on average over the next years. This is quite bad
EPS Next Y-37.76%
EPS Next 2Y-38.7%
EPS Next 3Y-12.27%
EPS Next 5Y6.83%
Revenue Next Year-4.05%
Revenue Next 2Y-3.43%
Revenue Next 3Y-31.54%
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.
ATH.CA Yearly Revenue VS EstimatesATH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
ATH.CA Yearly EPS VS EstimatesATH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 1 -1

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5

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 10.18, the valuation of ATH can be described as reasonable.
  • ATH's Price/Earnings ratio is a bit cheaper when compared to the industry. ATH is cheaper than 76.42% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ATH to the average of the S&P500 Index (25.70), we can say ATH is valued rather cheaply.
  • A Price/Forward Earnings ratio of 28.03 indicates a quite expensive valuation of ATH.
  • Based on the Price/Forward Earnings ratio, ATH is valued a bit cheaper than 61.79% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, ATH is valued at the same level.
Industry RankSector Rank
PE 10.18
Fwd PE 28.03
ATH.CA Price Earnings VS Forward Price EarningsATH.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ATH is valued a bit cheaper than the industry average as 77.36% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 67.92% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 20.2
EV/EBITDA 7.81
ATH.CA Per share dataATH.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

  • The excellent profitability rating of ATH may justify a higher PE ratio.
  • A cheap valuation may be justified as ATH's earnings are expected to decrease with -12.27% in the coming years.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-38.7%
EPS Next 3Y-12.27%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ATH.CA Dividend Analysis

5.1 Amount

  • ATH does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ATH.CA Fundamentals: All Metrics, Ratios and Statistics

ATHABASCA OIL CORP

TSX:ATH (3/13/2026, 7:00:00 PM)

9.06

+0.04 (+0.44%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-04
Earnings (Next)05-05
Inst Owners24.07%
Inst Owner ChangeN/A
Ins Owners1.96%
Ins Owner ChangeN/A
Market Cap4.35B
Revenue(TTM)1.37B
Net Income(TTM)462.85M
Analysts75.38
Price Target8.02 (-11.48%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)-0.7%
PT rev (3m)6.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.67%
EPS NY rev (1m)-0.93%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 10.18
Fwd PE 28.03
P/S 3.18
P/FCF 20.2
P/OCF 8.04
P/B 2.44
P/tB 2.44
EV/EBITDA 7.81
EPS(TTM)0.89
EY9.82%
EPS(NY)0.32
Fwd EY3.57%
FCF(TTM)0.45
FCFY4.95%
OCF(TTM)1.13
OCFY12.44%
SpS2.85
BVpS3.71
TBVpS3.71
PEG (NY)N/A
PEG (5Y)0.12
Graham Number8.62
Profitability
Industry RankSector 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 RankSector 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 4.57
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-38.7%
EPS Next 3Y-12.27%
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-31.54%
Revenue Next 5YN/A
EBIT growth 1Y14.17%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year83.93%
EBIT Next 3Y22.49%
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 Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ATHABASCA OIL CORP (ATH.CA) stock?

ChartMill assigns a fundamental rating of 6 / 10 to ATH.CA.


What is the valuation status for ATH stock?

ChartMill assigns a valuation rating of 5 / 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 10.18 and the Price/Book (PB) ratio is 2.44.