BAYTEX ENERGY CORP (BTE.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BTE - CA07317Q1054 - Common Stock
4.19 CAD
0 (0%)
Overall BTE gets a fundamental rating of 5 out of 10. We evaluated BTE against 218 industry peers in the Oil, Gas & Consumable Fuels industry. BTE has only an average score on both its financial health and profitability. BTE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BTE had positive earnings in the past year.
BTE had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BTE reported negative net income in multiple years.
BTE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BTE's Return On Assets of 2.82% is fine compared to the rest of the industry. BTE outperforms 72.48% of its industry peers.
BTE has a Return On Equity of 5.12%. This is comparable to the rest of the industry: BTE outperforms 58.72% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.61%, BTE is in the better half of the industry, outperforming 76.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BTE is in line with the industry average of 6.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 5.12% | ||
| ROIC | 5.61% |
ROA(3y)5.56%
ROA(5y)-4.3%
ROE(3y)9.27%
ROE(5y)-64.21%
ROIC(3y)8.42%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 7.02%, BTE is in the better half of the industry, outperforming 60.09% of the companies in the same industry.
BTE's Profit Margin has declined in the last couple of years.
BTE's Operating Margin of 20.16% is fine compared to the rest of the industry. BTE outperforms 75.69% of its industry peers.
In the last couple of years the Operating Margin of BTE has grown nicely.
BTE has a better Gross Margin (79.89%) than 94.50% of its industry peers.
BTE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.16% | ||
| PM (TTM) | 7.02% | ||
| GM | 79.89% |
OM growth 3Y-12.27%
OM growth 5Y17.02%
PM growth 3Y-59.31%
PM growth 5YN/A
GM growth 3Y1.18%
GM growth 5Y1.87%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BTE is creating some value.
The number of shares outstanding for BTE has been reduced compared to 1 year ago.
Compared to 5 years ago, BTE has more shares outstanding
Compared to 1 year ago, BTE has an improved debt to assets ratio.
2.2 Solvency
BTE has an Altman-Z score of 0.62. This is a bad value and indicates that BTE is not financially healthy and even has some risk of bankruptcy.
BTE's Altman-Z score of 0.62 is in line compared to the rest of the industry. BTE outperforms 53.67% of its industry peers.
BTE has a debt to FCF ratio of 4.80. This is a neutral value as BTE would need 4.80 years to pay back of all of its debts.
BTE's Debt to FCF ratio of 4.80 is amongst the best of the industry. BTE outperforms 83.94% of its industry peers.
BTE has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
BTE's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. BTE outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.8 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.73
WACC7.66%
2.3 Liquidity
BTE has a Current Ratio of 0.58. This is a bad value and indicates that BTE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.58, BTE is doing worse than 65.60% of the companies in the same industry.
A Quick Ratio of 0.58 indicates that BTE may have some problems paying its short term obligations.
With a Quick ratio value of 0.58, BTE perfoms like the industry average, outperforming 41.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 168.29% over the past year.
BTE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -32.67% yearly.
The Revenue has decreased by -8.89% in the past year.
Measured over the past years, BTE shows a quite strong growth in Revenue. The Revenue has been growing by 17.51% on average per year.
EPS 1Y (TTM)168.29%
EPS 3Y-32.67%
EPS 5YN/A
EPS Q2Q%-82.61%
Revenue 1Y (TTM)-8.89%
Revenue growth 3Y29.61%
Revenue growth 5Y17.51%
Sales Q2Q%-30.54%
3.2 Future
BTE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -36.26% yearly.
Based on estimates for the next years, BTE will show a small growth in Revenue. The Revenue will grow by 1.69% on average per year.
EPS Next Y9.71%
EPS Next 2Y-55.57%
EPS Next 3Y-42.94%
EPS Next 5Y-36.26%
Revenue Next Year-13.84%
Revenue Next 2Y-22.15%
Revenue Next 3Y-11.45%
Revenue Next 5Y1.69%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
The Price/Earnings ratio is 14.96, which indicates a correct valuation of BTE.
Based on the Price/Earnings ratio, BTE is valued a bit cheaper than 66.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.54, BTE is valued a bit cheaper.
The Price/Forward Earnings ratio is 73.20, which means the current valuation is very expensive for BTE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BTE is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of BTE to the average of the S&P500 Index (23.78), we can say BTE is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | 73.2 |
4.2 Price Multiples
94.95% of the companies in the same industry are more expensive than BTE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BTE indicates a rather cheap valuation: BTE is cheaper than 88.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.67 | ||
| EV/EBITDA | 2.76 |
4.3 Compensation for Growth
BTE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BTE has a very decent profitability rating, which may justify a higher PE ratio.
BTE's earnings are expected to decrease with -42.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.54
PEG (5Y)N/A
EPS Next 2Y-55.57%
EPS Next 3Y-42.94%
5. Dividend
5.1 Amount
BTE has a Yearly Dividend Yield of 2.15%.
BTE's Dividend Yield is a higher than the industry average which is at 3.49.
Compared to an average S&P500 Dividend Yield of 1.96, BTE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
5.2 History
The dividend of BTE decreases each year by -45.77%.
BTE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of BTE decreased recently.
Dividend Growth(5Y)-45.77%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.39% of the earnings are spent on dividend by BTE. This is a low number and sustainable payout ratio.
The Dividend Rate of BTE has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP32.39%
EPS Next 2Y-55.57%
EPS Next 3Y-42.94%
TSX:BTE (12/12/2025, 7:00:00 PM)
4.19
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.25%
Inst Owner ChangeN/A
Ins Owners0.56%
Ins Owner ChangeN/A
Market Cap3.22B
Revenue(TTM)3.06B
Net Income(TTM)214.63M
Analysts74.67
Price Target4.99 (19.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
Yearly Dividend0.09
Dividend Growth(5Y)-45.77%
DP32.39%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)357.79%
Min EPS beat(2)155.51%
Max EPS beat(2)560.07%
EPS beat(4)2
Avg EPS beat(4)135.46%
Min EPS beat(4)-151.21%
Max EPS beat(4)560.07%
EPS beat(8)2
Avg EPS beat(8)-24.53%
EPS beat(12)4
Avg EPS beat(12)24.64%
EPS beat(16)7
Avg EPS beat(16)70.75%
Revenue beat(2)1
Avg Revenue beat(2)6.57%
Min Revenue beat(2)-0.85%
Max Revenue beat(2)13.99%
Revenue beat(4)2
Avg Revenue beat(4)4.86%
Min Revenue beat(4)-0.85%
Max Revenue beat(4)13.99%
Revenue beat(8)4
Avg Revenue beat(8)1.8%
Revenue beat(12)6
Avg Revenue beat(12)-0.77%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)22.39%
PT rev (3m)22.39%
EPS NQ rev (1m)-400%
EPS NQ rev (3m)87.5%
EPS NY rev (1m)13.44%
EPS NY rev (3m)22.73%
Revenue NQ rev (1m)-3.48%
Revenue NQ rev (3m)-3.48%
Revenue NY rev (1m)1.66%
Revenue NY rev (3m)-18.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | 73.2 | ||
| P/S | 1.05 | ||
| P/FCF | 7.67 | ||
| P/OCF | 1.86 | ||
| P/B | 0.77 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 2.76 |
EPS(TTM)0.28
EY6.68%
EPS(NY)0.06
Fwd EY1.37%
FCF(TTM)0.55
FCFY13.04%
OCF(TTM)2.25
OCFY53.65%
SpS3.98
BVpS5.45
TBVpS5.45
PEG (NY)1.54
PEG (5Y)N/A
Graham Number5.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 5.12% | ||
| ROCE | 8.85% | ||
| ROIC | 5.61% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 5.62% | ||
| OM | 20.16% | ||
| PM (TTM) | 7.02% | ||
| GM | 79.89% | ||
| FCFM | 13.73% |
ROA(3y)5.56%
ROA(5y)-4.3%
ROE(3y)9.27%
ROE(5y)-64.21%
ROIC(3y)8.42%
ROIC(5y)N/A
ROICexc(3y)8.44%
ROICexc(5y)N/A
ROICexgc(3y)8.44%
ROICexgc(5y)N/A
ROCE(3y)13.28%
ROCE(5y)N/A
ROICexgc growth 3Y-2.67%
ROICexgc growth 5Y31.22%
ROICexc growth 3Y-2.67%
ROICexc growth 5Y31.22%
OM growth 3Y-12.27%
OM growth 5Y17.02%
PM growth 3Y-59.31%
PM growth 5YN/A
GM growth 3Y1.18%
GM growth 5Y1.87%
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.8 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 100.3% | ||
| Cap/Sales | 42.77% | ||
| Interest Coverage | 3.36 | ||
| Cash Conversion | 89.97% | ||
| Profit Quality | 195.57% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 0.62 |
F-Score6
WACC7.66%
ROIC/WACC0.73
Cap/Depr(3y)94.96%
Cap/Depr(5y)82.19%
Cap/Sales(3y)33.65%
Cap/Sales(5y)31.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)168.29%
EPS 3Y-32.67%
EPS 5YN/A
EPS Q2Q%-82.61%
EPS Next Y9.71%
EPS Next 2Y-55.57%
EPS Next 3Y-42.94%
EPS Next 5Y-36.26%
Revenue 1Y (TTM)-8.89%
Revenue growth 3Y29.61%
Revenue growth 5Y17.51%
Sales Q2Q%-30.54%
Revenue Next Year-13.84%
Revenue Next 2Y-22.15%
Revenue Next 3Y-11.45%
Revenue Next 5Y1.69%
EBIT growth 1Y-16.6%
EBIT growth 3Y13.71%
EBIT growth 5Y37.51%
EBIT Next Year70.26%
EBIT Next 3Y-12.81%
EBIT Next 5Y-7.16%
FCF growth 1Y110.83%
FCF growth 3Y14.4%
FCF growth 5Y16.36%
OCF growth 1Y53.56%
OCF growth 3Y38.88%
OCF growth 5Y17.98%
BAYTEX ENERGY CORP / BTE.CA FAQ
What is the fundamental rating for BTE stock?
ChartMill assigns a fundamental rating of 5 / 10 to BTE.CA.
What is the valuation status for BTE stock?
ChartMill assigns a valuation rating of 5 / 10 to BAYTEX ENERGY CORP (BTE.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for BAYTEX ENERGY CORP?
BAYTEX ENERGY CORP (BTE.CA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for BTE stock?
The Price/Earnings (PE) ratio for BAYTEX ENERGY CORP (BTE.CA) is 14.96 and the Price/Book (PB) ratio is 0.77.
What is the expected EPS growth for BAYTEX ENERGY CORP (BTE.CA) stock?
The Earnings per Share (EPS) of BAYTEX ENERGY CORP (BTE.CA) is expected to grow by 9.71% in the next year.