ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
TSX:ATH - Toronto Stock Exchange - CA04682R1073 - Common Stock - Currency: CAD
Taking everything into account, ATH scores 7 out of 10 in our fundamental rating. ATH was compared to 207 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 would make ATH suitable for value and quality investing!
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.
ATH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.40%, ATH belongs to the top of the industry, outperforming 96.14% of the companies in the same industry.
ATH has a better Return On Equity (28.65%) than 97.10% of its industry peers.
ATH has a better Return On Invested Capital (15.54%) than 96.62% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ATH is above the industry average of 7.44%.
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 95.65% of the companies in the same industry.
In the last couple of years the Profit Margin of ATH has grown nicely.
Looking at the Operating Margin, with a value of 31.98%, ATH belongs to the top of the industry, outperforming 82.13% of the companies in the same industry.
In the last couple of years the Operating Margin of ATH has grown nicely.
With a decent Gross Margin value of 64.77%, ATH is doing good in the industry, outperforming 78.74% of the companies in the same industry.
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 | 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ATH is creating value.
Compared to 1 year ago, ATH has less shares outstanding
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 3.53. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
ATH has a better Altman-Z score (3.53) than 82.61% of its industry peers.
ATH has a debt to FCF ratio of 0.56. This is a very positive value and a sign of high solvency as it would only need 0.56 years to pay back of all of its debts.
ATH's Debt to FCF ratio of 0.56 is amongst the best of the industry. ATH outperforms 93.72% 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.
ATH's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. ATH outperforms 70.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.82
WACC8.56%
2.3 Liquidity
ATH has a Current Ratio of 2.31. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.31, ATH belongs to the top of the industry, outperforming 82.13% of the companies in the same industry.
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 83.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 4550.00% over the past year.
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 quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.09%.
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)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.
The Revenue is expected to decrease by -61.29% on average over the next years. This is quite bad
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
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
A Price/Earnings ratio of 6.11 indicates a rather cheap valuation of ATH.
ATH's Price/Earnings ratio is rather cheap when compared to the industry. ATH is cheaper than 89.86% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.69. ATH is valued rather cheaply when compared to this.
ATH is valuated correctly with a Price/Forward Earnings ratio of 16.07.
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 (37.36), we can say ATH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.11 | ||
| Fwd PE | 16.07 |
4.2 Price Multiples
ATH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ATH is cheaper than 84.54% of the companies in the same industry.
ATH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATH is cheaper than 86.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.14 | ||
| EV/EBITDA | 4.64 |
4.3 Compensation for Growth
ATH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.07
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 (7/23/2025, 7:00:00 PM)
5.68
+0.1 (+1.79%)
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 Cap2.84B
Analysts75.38
Price Target6.4 (12.68%)
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)2.26%
PT rev (3m)-2.16%
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 | 6.11 | ||
| Fwd PE | 16.07 | ||
| P/S | 2 | ||
| P/FCF | 8.14 | ||
| P/OCF | 4.7 | ||
| P/B | 1.62 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 4.64 |
EPS(TTM)0.93
EY16.37%
EPS(NY)0.35
Fwd EY6.22%
FCF(TTM)0.7
FCFY12.28%
OCF(TTM)1.21
OCFY21.29%
SpS2.84
BVpS3.5
TBVpS3.5
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 | 3.53 |
F-Score9
WACC8.56%
ROIC/WACC1.82
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%