ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
Canada - TSX:ATH - CA04682R1073 - Common Stock
6.78 CAD
+0.05 (+0.74%)
We assign a fundamental rating of 7 out of 10 to ATH. ATH was compared to 220 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making ATH a very profitable company, without any liquidiy or solvency issues. ATH has a decent growth rate and is not valued too expensively. These ratings could make ATH a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year ATH was profitable.
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's Return On Assets of 18.66% is amongst the best of the industry. ATH outperforms 96.36% of its industry peers.
ATH has a Return On Equity of 26.06%. This is amongst the best in the industry. ATH outperforms 97.73% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.10%, ATH belongs to the top of the industry, outperforming 96.36% of the companies in the same industry.
ATH had an Average Return On Invested Capital over the past 3 years of 10.38%. This is above the industry average of 6.91%.
The last Return On Invested Capital (14.10%) for ATH is above the 3 year average (10.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 26.06% | ||
| ROIC | 14.1% |
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
ATH has a better Profit Margin (32.99%) than 88.64% of its industry peers.
In the last couple of years the Profit Margin of ATH has grown nicely.
ATH has a better Operating Margin (29.77%) than 81.36% of its industry peers.
ATH's Operating Margin has improved in the last couple of years.
ATH's Gross Margin of 63.49% is fine compared to the rest of the industry. ATH outperforms 79.55% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.77% | ||
| PM (TTM) | 32.99% | ||
| GM | 63.49% |
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
ATH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ATH has less shares outstanding than it did 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
ATH has an Altman-Z score of 3.98. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
ATH's Altman-Z score of 3.98 is amongst the best of the industry. ATH outperforms 83.18% of its industry peers.
ATH has a debt to FCF ratio of 0.68. This is a very positive value and a sign of high solvency as it would only need 0.68 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.68, ATH belongs to the best of the industry, outperforming 93.18% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
ATH has a Debt to Equity ratio of 0.11. This is in the better half of the industry: ATH outperforms 68.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 3.98 |
ROIC/WACC1.72
WACC8.2%
2.3 Liquidity
A Current Ratio of 2.34 indicates that ATH has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.34, ATH belongs to the best of the industry, outperforming 80.91% of the companies in the same industry.
ATH has a Quick Ratio of 2.15. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of ATH (2.15) is better than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.34 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 480.00%, 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 5.92%.
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)480%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%-35.29%
Revenue 1Y (TTM)5.92%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-6.71%
3.2 Future
ATH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.12% yearly.
Based on estimates for the next years, ATH will show a very negative growth in Revenue. The Revenue will decrease by -62.90% on average per year.
EPS Next Y-38.34%
EPS Next 2Y-23.37%
EPS Next 3Y14.85%
EPS Next 5Y13.12%
Revenue Next Year-0.74%
Revenue Next 2Y2.89%
Revenue Next 3Y-62.9%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ATH is valuated cheaply with a Price/Earnings ratio of 7.79.
Compared to the rest of the industry, the Price/Earnings ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 79.09% of the companies listed in the same industry.
ATH is valuated cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.43 indicates a correct valuation of ATH.
ATH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ATH is cheaper than 64.09% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ATH to the average of the S&P500 Index (22.64), we can say ATH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.79 | ||
| Fwd PE | 13.43 |
4.2 Price Multiples
81.82% of the companies in the same industry are more expensive than ATH, based on the Enterprise Value to EBITDA ratio.
ATH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ATH is cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.49 | ||
| EV/EBITDA | 5.97 |
4.3 Compensation for Growth
The excellent profitability rating of ATH may justify a higher PE ratio.
A more expensive valuation may be justified as ATH's earnings are expected to grow with 14.85% in the coming years.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2Y-23.37%
EPS Next 3Y14.85%
5. Dividend
5.1 Amount
No dividends for ATH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ATH (9/25/2025, 7:00:00 PM)
6.78
+0.05 (+0.74%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners18.07%
Inst Owner ChangeN/A
Ins Owners2.05%
Ins Owner ChangeN/A
Market Cap3.34B
Analysts73.85
Price Target6.66 (-1.77%)
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)0
Avg EPS beat(2)-11.91%
Min EPS beat(2)-16.22%
Max EPS beat(2)-7.59%
EPS beat(4)1
Avg EPS beat(4)43.53%
Min EPS beat(4)-32.11%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)-9.33%
EPS beat(12)2
Avg EPS beat(12)-50.74%
EPS beat(16)5
Avg EPS beat(16)173.33%
Revenue beat(2)0
Avg Revenue beat(2)-31.59%
Min Revenue beat(2)-32.85%
Max Revenue beat(2)-30.32%
Revenue beat(4)0
Avg Revenue beat(4)-30.19%
Min Revenue beat(4)-32.85%
Max Revenue beat(4)-26.67%
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)0.86%
PT rev (3m)4.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)19.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)18.23%
Revenue NY rev (3m)49.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.79 | ||
| Fwd PE | 13.43 | ||
| P/S | 2.38 | ||
| P/FCF | 11.49 | ||
| P/OCF | 5.85 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 5.97 |
EPS(TTM)0.87
EY12.83%
EPS(NY)0.51
Fwd EY7.45%
FCF(TTM)0.59
FCFY8.71%
OCF(TTM)1.16
OCFY17.09%
SpS2.84
BVpS3.6
TBVpS3.6
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 26.06% | ||
| ROCE | 18.44% | ||
| ROIC | 14.1% | ||
| ROICexc | 16.29% | ||
| ROICexgc | 16.29% | ||
| OM | 29.77% | ||
| PM (TTM) | 32.99% | ||
| GM | 63.49% | ||
| FCFM | 20.76% |
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 Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.68 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 225.51% | ||
| Cap/Sales | 20% | ||
| Interest Coverage | 20.32 | ||
| Cash Conversion | 105.47% | ||
| Profit Quality | 62.92% | ||
| Current Ratio | 2.34 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 3.98 |
F-Score7
WACC8.2%
ROIC/WACC1.72
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)480%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%-35.29%
EPS Next Y-38.34%
EPS Next 2Y-23.37%
EPS Next 3Y14.85%
EPS Next 5Y13.12%
Revenue 1Y (TTM)5.92%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-6.71%
Revenue Next Year-0.74%
Revenue Next 2Y2.89%
Revenue Next 3Y-62.9%
Revenue Next 5YN/A
EBIT growth 1Y10.53%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year105.64%
EBIT Next 3Y39.96%
EBIT Next 5Y34.13%
FCF growth 1Y139%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y124.03%
OCF growth 3Y42.1%
OCF growth 5Y43.2%