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BONTERRA ENERGY CORP (BNE.CA) Stock Fundamental Analysis

TSX:BNE - Toronto Stock Exchange - CA0985461049 - Common Stock - Currency: CAD

3.49  -0.11 (-3.06%)

Fundamental Rating

4

Taking everything into account, BNE scores 4 out of 10 in our fundamental rating. BNE was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. While BNE is still in line with the averages on profitability rating, there are concerns on its financial health. BNE is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year BNE was profitable.
BNE had a positive operating cash flow in the past year.
BNE had positive earnings in 4 of the past 5 years.
BNE had a positive operating cash flow in each of the past 5 years.
BNE.CA Yearly Net Income VS EBIT VS OCF VS FCFBNE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M -200M -300M

1.2 Ratios

BNE has a Return On Assets (2.79%) which is comparable to the rest of the industry.
BNE has a Return On Equity of 5.05%. This is comparable to the rest of the industry: BNE outperforms 50.75% of its industry peers.
BNE has a Return On Invested Capital of 4.41%. This is in the better half of the industry: BNE outperforms 65.17% of its industry peers.
Industry RankSector Rank
ROA 2.79%
ROE 5.05%
ROIC 4.41%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BNE.CA Yearly ROA, ROE, ROICBNE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -50 -100 -150

1.3 Margins

BNE has a Profit Margin (10.97%) which is comparable to the rest of the industry.
BNE's Profit Margin has improved in the last couple of years.
The Operating Margin of BNE (21.46%) is better than 69.65% of its industry peers.
In the last couple of years the Operating Margin of BNE has grown nicely.
BNE's Gross Margin of 65.78% is fine compared to the rest of the industry. BNE outperforms 75.62% of its industry peers.
In the last couple of years the Gross Margin of BNE has remained more or less at the same level.
Industry RankSector Rank
OM 21.46%
PM (TTM) 10.97%
GM 65.78%
OM growth 3YN/A
OM growth 5Y15.85%
PM growth 3YN/A
PM growth 5Y35.54%
GM growth 3Y12.46%
GM growth 5Y1.33%
BNE.CA Yearly Profit, Operating, Gross MarginsBNE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BNE is destroying value.
There is no outstanding debt for BNE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BNE.CA Yearly Shares OutstandingBNE.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M
BNE.CA Yearly Total Debt VS Total AssetsBNE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M 800M 1B

2.2 Solvency

BNE has an Altman-Z score of 0.19. This is a bad value and indicates that BNE is not financially healthy and even has some risk of bankruptcy.
BNE's Altman-Z score of 0.19 is on the low side compared to the rest of the industry. BNE is outperformed by 68.66% of its industry peers.
BNE has a debt to FCF ratio of 10.68. This is a negative value and a sign of low solvency as BNE would need 10.68 years to pay back of all of its debts.
BNE has a Debt to FCF ratio of 10.68. This is in the better half of the industry: BNE outperforms 67.16% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that BNE is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.25, BNE perfoms like the industry average, outperforming 54.73% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 10.68
Altman-Z 0.19
ROIC/WACC0.35
WACC12.64%
BNE.CA Yearly LT Debt VS Equity VS FCFBNE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M

2.3 Liquidity

BNE has a Current Ratio of 0.53. This is a bad value and indicates that BNE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.53, BNE is not doing good in the industry: 79.10% of the companies in the same industry are doing better.
A Quick Ratio of 0.52 indicates that BNE may have some problems paying its short term obligations.
BNE has a worse Quick ratio (0.52) than 73.63% of its industry peers.
Industry RankSector Rank
Current Ratio 0.53
Quick Ratio 0.52
BNE.CA Yearly Current Assets VS Current LiabilitesBNE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M

5

3. Growth

3.1 Past

BNE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.19%.
The Earnings Per Share has been growing by 40.49% on average over the past years. This is a very strong growth
The Revenue for BNE has decreased by -10.08% in the past year. This is quite bad
BNE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.41% yearly.
EPS 1Y (TTM)-42.19%
EPS 3YN/A
EPS 5Y40.49%
EPS Q2Q%-69.44%
Revenue 1Y (TTM)-10.08%
Revenue growth 3Y33.7%
Revenue growth 5Y6.41%
Sales Q2Q%-16.71%

3.2 Future

The Earnings Per Share is expected to decrease by -27.01% on average over the next years. This is quite bad
BNE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 44.98% yearly.
EPS Next Y-60.16%
EPS Next 2Y-49.8%
EPS Next 3Y-27.01%
EPS Next 5YN/A
Revenue Next Year172.76%
Revenue Next 2Y59.13%
Revenue Next 3Y60.66%
Revenue Next 5Y44.98%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 accelerating.
BNE.CA Yearly Revenue VS EstimatesBNE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
BNE.CA Yearly EPS VS EstimatesBNE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 -5

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 4.78, the valuation of BNE can be described as very cheap.
89.55% of the companies in the same industry are more expensive than BNE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BNE to the average of the S&P500 Index (28.12), we can say BNE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.15, the valuation of BNE can be described as reasonable.
BNE's Price/Forward Earnings ratio is in line with the industry average.
BNE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 94.77.
Industry RankSector Rank
PE 4.78
Fwd PE 11.15
BNE.CA Price Earnings VS Forward Price EarningsBNE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BNE indicates a rather cheap valuation: BNE is cheaper than 96.02% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BNE indicates a somewhat cheap valuation: BNE is cheaper than 69.65% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.84
EV/EBITDA 1.97
BNE.CA Per share dataBNE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

BNE has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as BNE's earnings are expected to decrease with -27.01% in the coming years.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-49.8%
EPS Next 3Y-27.01%

0

5. Dividend

5.1 Amount

No dividends for BNE!.
Industry RankSector Rank
Dividend Yield N/A

BONTERRA ENERGY CORP

TSX:BNE (2/7/2025, 7:00:00 PM)

3.49

-0.11 (-3.06%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-12 2024-11-12/amc
Earnings (Next)N/A N/A
Inst Owners2.71%
Inst Owner ChangeN/A
Ins Owners1.21%
Ins Owner ChangeN/A
Market Cap130.25M
Analysts77.5
Price Target6.82 (95.42%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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%
PT rev (3m)-18.94%
EPS NQ rev (1m)50%
EPS NQ rev (3m)N/A
EPS NY rev (1m)13.95%
EPS NY rev (3m)-53.33%
Revenue NQ rev (1m)2.42%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)184.68%
Valuation
Industry RankSector Rank
PE 4.78
Fwd PE 11.15
P/S 0.52
P/FCF 8.84
P/OCF 0.99
P/B 0.24
P/tB 0.24
EV/EBITDA 1.97
EPS(TTM)0.73
EY20.92%
EPS(NY)0.31
Fwd EY8.97%
FCF(TTM)0.39
FCFY11.31%
OCF(TTM)3.51
OCFY100.55%
SpS6.69
BVpS14.53
TBVpS14.53
PEG (NY)N/A
PEG (5Y)0.12
Profitability
Industry RankSector Rank
ROA 2.79%
ROE 5.05%
ROCE 5.84%
ROIC 4.41%
ROICexc 4.41%
ROICexgc 4.41%
OM 21.46%
PM (TTM) 10.97%
GM 65.78%
FCFM 5.9%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y15.85%
PM growth 3YN/A
PM growth 5Y35.54%
GM growth 3Y12.46%
GM growth 5Y1.33%
F-Score4
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF 10.68
Debt/EBITDA 0.93
Cap/Depr 123.15%
Cap/Sales 46.57%
Interest Coverage 2.96
Cash Conversion 88.52%
Profit Quality 53.77%
Current Ratio 0.53
Quick Ratio 0.52
Altman-Z 0.19
F-Score4
WACC12.64%
ROIC/WACC0.35
Cap/Depr(3y)105.04%
Cap/Depr(5y)89.71%
Cap/Sales(3y)33.48%
Cap/Sales(5y)33.36%
Profit Quality(3y)59.3%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.19%
EPS 3YN/A
EPS 5Y40.49%
EPS Q2Q%-69.44%
EPS Next Y-60.16%
EPS Next 2Y-49.8%
EPS Next 3Y-27.01%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.08%
Revenue growth 3Y33.7%
Revenue growth 5Y6.41%
Sales Q2Q%-16.71%
Revenue Next Year172.76%
Revenue Next 2Y59.13%
Revenue Next 3Y60.66%
Revenue Next 5Y44.98%
EBIT growth 1Y-43.06%
EBIT growth 3YN/A
EBIT growth 5Y23.28%
EBIT Next Year91.19%
EBIT Next 3Y17.81%
EBIT Next 5Y11.26%
FCF growth 1Y-85.44%
FCF growth 3YN/A
FCF growth 5Y-18.15%
OCF growth 1Y-29.56%
OCF growth 3Y63.45%
OCF growth 5Y3.86%