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 210 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 is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make ATH a good candidate for value and 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.
The reported net income has been mixed in the past 5 years: ATH reported negative net income in multiple years.
ATH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ATH's Return On Assets of 20.40% is amongst the best of the industry. ATH outperforms 96.23% of its industry peers.
ATH has a better Return On Equity (28.65%) than 97.17% of its industry peers.
With an excellent Return On Invested Capital value of 15.54%, ATH belongs to the best of the industry, outperforming 96.70% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ATH is above the industry average of 7.31%.
The last Return On Invested Capital (15.54%) for ATH is above the 3 year average (10.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.4% | ||
| ROE | 28.65% | ||
| ROIC | 15.54% |
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 35.26%, ATH belongs to the best of the industry, outperforming 95.75% 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 (31.98%) than 82.08% of its industry peers.
In the last couple of years the Operating Margin of ATH has grown nicely.
Looking at the Gross Margin, with a value of 64.77%, ATH is in the better half of the industry, outperforming 78.77% of the companies in the same industry.
ATH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.98% | ||
| PM (TTM) | 35.26% | ||
| GM | 64.77% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ATH is creating 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.
The debt/assets ratio for ATH has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.56 indicates that ATH is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.56, ATH belongs to the top of the industry, outperforming 82.55% of the companies in the same industry.
The Debt to FCF ratio of ATH is 0.56, which is an excellent value as it means it would take ATH, only 0.56 years of fcf income to pay off all of its debts.
ATH has a better Debt to FCF ratio (0.56) than 91.98% 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 70.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 3.56 |
ROIC/WACC1.95
WACC7.96%
2.3 Liquidity
A Current Ratio of 2.31 indicates that ATH has no problem at all paying its short term obligations.
ATH has a better Current ratio (2.31) than 81.13% of its industry peers.
ATH has a Quick Ratio of 2.10. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
ATH has a better Quick ratio (2.10) than 82.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 4550.00%, 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.
Looking at the last year, ATH shows a quite strong growth in Revenue. The Revenue has grown by 16.09% in the last year.
The Revenue has been growing by 11.85% on average over the past years. This is quite good.
EPS 1Y (TTM)4550%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%100%
Revenue 1Y (TTM)16.09%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%17.13%
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 15.71% yearly.
Based on estimates for the next years, ATH will show a very negative growth in Revenue. The Revenue will decrease by -61.29% on average per year.
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue Next Year-33.62%
Revenue Next 2Y-17.11%
Revenue Next 3Y-61.29%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
With a Price/Earnings ratio of 6.03, the valuation of ATH can be described as very cheap.
ATH's Price/Earnings ratio is rather cheap when compared to the industry. ATH is cheaper than 90.09% of the companies in the same industry.
ATH is valuated cheaply when we compare the Price/Earnings ratio to 26.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 15.87, the valuation of ATH can be described as correct.
ATH's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of ATH to the average of the S&P500 Index (21.49), we can say ATH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 15.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATH is valued cheaply inside the industry as 83.96% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ATH is valued cheaper than 86.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.1 | ||
| EV/EBITDA | 4.71 |
4.3 Compensation for Growth
The excellent profitability rating of ATH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.07
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 (6/27/2025, 7:00:00 PM)
5.61
-0.06 (-1.06%)
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 Cap2.82B
Analysts75.38
Price Target6.35 (13.19%)
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)111.22%
Min EPS beat(2)-7.59%
Max EPS beat(2)230.03%
EPS beat(4)1
Avg EPS beat(4)47.34%
Min EPS beat(4)-32.11%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)-14.3%
EPS beat(12)3
Avg EPS beat(12)-44.76%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-30.61%
Min Revenue beat(2)-30.9%
Max Revenue beat(2)-30.32%
Revenue beat(4)0
Avg Revenue beat(4)-26.55%
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)1.36%
PT rev (3m)-3.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-39.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 15.87 | ||
| P/S | 1.99 | ||
| P/FCF | 8.1 | ||
| P/OCF | 4.67 | ||
| P/B | 1.61 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 4.71 |
EPS(TTM)0.93
EY16.58%
EPS(NY)0.35
Fwd EY6.3%
FCF(TTM)0.69
FCFY12.35%
OCF(TTM)1.2
OCFY21.4%
SpS2.82
BVpS3.48
TBVpS3.48
PEG (NY)N/A
PEG (5Y)0.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.4% | ||
| ROE | 28.65% | ||
| ROCE | 20.32% | ||
| ROIC | 15.54% | ||
| ROICexc | 17.99% | ||
| ROICexgc | 17.99% | ||
| OM | 31.98% | ||
| PM (TTM) | 35.26% | ||
| GM | 64.77% | ||
| FCFM | 24.53% |
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-Score9
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.56 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 208.68% | ||
| Cap/Sales | 17.99% | ||
| Interest Coverage | 22.09 | ||
| Cash Conversion | 104.73% | ||
| Profit Quality | 69.56% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | 3.56 |
F-Score9
WACC7.96%
ROIC/WACC1.95
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)4550%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%100%
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue 1Y (TTM)16.09%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%17.13%
Revenue Next Year-33.62%
Revenue Next 2Y-17.11%
Revenue Next 3Y-61.29%
Revenue Next 5YN/A
EBIT growth 1Y49.72%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year105.64%
EBIT Next 3Y39.96%
EBIT Next 5Y35.43%
FCF growth 1Y161.49%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y118.78%
OCF growth 3Y42.1%
OCF growth 5Y43.2%