BAYTEX ENERGY CORP (BTE) Stock Fundamental Analysis
USA - NYSE:BTE - CA07317Q1054 - Common Stock
2.395 USD
0 (-0.21%)
We assign a fundamental rating of 4 out of 10 to BTE. BTE was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of BTE while its profitability can be described as average. BTE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BTE was profitable.
BTE had a positive operating cash flow in the past year.
In multiple years BTE reported negative net income over the last 5 years.
Each year in the past 5 years BTE had a positive operating cash flow.
1.2 Ratios
BTE's Return On Assets of 4.87% is fine compared to the rest of the industry. BTE outperforms 63.51% of its industry peers.
Looking at the Return On Equity, with a value of 9.01%, BTE is in line with its industry, outperforming 58.29% of the companies in the same industry.
The Return On Invested Capital of BTE (6.34%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for BTE is significantly below the industry average of 21.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 9.01% | ||
| ROIC | 6.34% |
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
The Profit Margin of BTE (11.64%) is better than 61.61% of its industry peers.
In the last couple of years the Profit Margin of BTE has declined.
BTE's Operating Margin of 21.97% is in line compared to the rest of the industry. BTE outperforms 58.77% of its industry peers.
In the last couple of years the Operating Margin of BTE has grown nicely.
The Gross Margin of BTE (80.34%) is better than 91.00% of its industry peers.
In the last couple of years the Gross Margin of BTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.97% | ||
| PM (TTM) | 11.64% | ||
| GM | 80.34% |
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
BTE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BTE has been reduced compared to 1 year ago.
BTE has more shares outstanding than it did 5 years ago.
BTE has a better debt/assets ratio than last year.
2.2 Solvency
BTE has an Altman-Z score of 0.54. This is a bad value and indicates that BTE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of BTE (0.54) is worse than 63.03% of its industry peers.
The Debt to FCF ratio of BTE is 4.09, which is a neutral value as it means it would take BTE, 4.09 years of fcf income to pay off all of its debts.
BTE has a Debt to FCF ratio of 4.09. This is in the better half of the industry: BTE outperforms 70.14% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that BTE is somewhat dependend on debt financing.
The Debt to Equity ratio of BTE (0.52) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.82
WACC7.73%
2.3 Liquidity
A Current Ratio of 0.68 indicates that BTE may have some problems paying its short term obligations.
With a Current ratio value of 0.68, BTE is not doing good in the industry: 77.73% of the companies in the same industry are doing better.
BTE has a Quick Ratio of 0.68. This is a bad value and indicates that BTE is not financially healthy enough and could expect problems in meeting its short term obligations.
BTE has a worse Quick ratio (0.68) than 71.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 195.92% 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.
Looking at the last year, BTE shows a decrease in Revenue. The Revenue has decreased by -7.76% in the last year.
The Revenue has been growing by 17.51% on average over the past years. This is quite good.
EPS 1Y (TTM)195.92%
EPS 3Y-32.67%
EPS 5YN/A
EPS Q2Q%53.85%
Revenue 1Y (TTM)-7.76%
Revenue growth 3Y29.61%
Revenue growth 5Y17.51%
Sales Q2Q%-21.76%
3.2 Future
Based on estimates for the next years, BTE will show a very negative growth in Earnings Per Share. The EPS will decrease by -25.99% on average per year.
BTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.69% yearly.
EPS Next Y10.29%
EPS Next 2Y-26.92%
EPS Next 3Y-25.99%
EPS Next 5YN/A
Revenue Next Year5.41%
Revenue Next 2Y1.05%
Revenue Next 3Y-0.3%
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 accelerating.
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
BTE is valuated cheaply with a Price/Earnings ratio of 7.04.
BTE's Price/Earnings ratio is rather cheap when compared to the industry. BTE is cheaper than 87.68% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.83. BTE is valued rather cheaply when compared to this.
BTE is valuated rather expensively with a Price/Forward Earnings ratio of 21.64.
BTE's Price/Forward Earnings is on the same level as the industry average.
BTE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 21.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BTE indicates a rather cheap valuation: BTE is cheaper than 94.79% of the companies listed in the same industry.
BTE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BTE is cheaper than 91.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.95 | ||
| EV/EBITDA | 2.32 |
4.3 Compensation for Growth
BTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BTE's earnings are expected to decrease with -25.99% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.68
PEG (5Y)N/A
EPS Next 2Y-26.92%
EPS Next 3Y-25.99%
5. Dividend
5.1 Amount
BTE has a Yearly Dividend Yield of 2.84%.
Compared to an average industry Dividend Yield of 6.30, BTE has a dividend in line with its industry peers.
BTE's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
The dividend of BTE decreases each year by -45.77%.
BTE has been paying a dividend for at least 10 years, so it has 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
19.01% of the earnings are spent on dividend by BTE. This is a low number and sustainable payout ratio.
BTE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP19.01%
EPS Next 2Y-26.92%
EPS Next 3Y-25.99%
NYSE:BTE (10/24/2025, 12:32:55 PM)
2.395
0 (-0.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.65%
Inst Owner Change3.49%
Ins Owners0.6%
Ins Owner ChangeN/A
Market Cap1.84B
Revenue(TTM)3.16B
Net Income(TTM)367.88M
Analysts71.43
Price Target2.91 (21.5%)
Short Float %4.56%
Short Ratio1.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend0.06
Dividend Growth(5Y)-45.77%
DP19.01%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)268.78%
Min EPS beat(2)-22.51%
Max EPS beat(2)560.07%
EPS beat(4)1
Avg EPS beat(4)89.56%
Min EPS beat(4)-151.21%
Max EPS beat(4)560.07%
EPS beat(8)1
Avg EPS beat(8)-48.31%
EPS beat(12)4
Avg EPS beat(12)24.13%
EPS beat(16)6
Avg EPS beat(16)58.69%
Revenue beat(2)2
Avg Revenue beat(2)10.34%
Min Revenue beat(2)6.7%
Max Revenue beat(2)13.99%
Revenue beat(4)2
Avg Revenue beat(4)5.07%
Min Revenue beat(4)-0.39%
Max Revenue beat(4)13.99%
Revenue beat(8)5
Avg Revenue beat(8)2.43%
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)-1.62%
PT rev (3m)-1.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-200%
EPS NY rev (1m)23.38%
EPS NY rev (3m)19.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 21.64 | ||
| P/S | 0.81 | ||
| P/FCF | 4.95 | ||
| P/OCF | 1.43 | ||
| P/B | 0.63 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 2.32 |
EPS(TTM)0.34
EY14.2%
EPS(NY)0.11
Fwd EY4.62%
FCF(TTM)0.48
FCFY20.18%
OCF(TTM)1.68
OCFY70.09%
SpS2.94
BVpS3.8
TBVpS3.8
PEG (NY)0.68
PEG (5Y)N/A
Graham Number5.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 9.01% | ||
| ROCE | 10% | ||
| ROIC | 6.34% | ||
| ROICexc | 6.34% | ||
| ROICexgc | 6.34% | ||
| OM | 21.97% | ||
| PM (TTM) | 11.64% | ||
| GM | 80.34% | ||
| FCFM | 16.44% |
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-Score7
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 4.09 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 96.55% | ||
| Cap/Sales | 40.64% | ||
| Interest Coverage | 3.74 | ||
| Cash Conversion | 89.1% | ||
| Profit Quality | 141.26% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.54 |
F-Score7
WACC7.73%
ROIC/WACC0.82
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)195.92%
EPS 3Y-32.67%
EPS 5YN/A
EPS Q2Q%53.85%
EPS Next Y10.29%
EPS Next 2Y-26.92%
EPS Next 3Y-25.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.76%
Revenue growth 3Y29.61%
Revenue growth 5Y17.51%
Sales Q2Q%-21.76%
Revenue Next Year5.41%
Revenue Next 2Y1.05%
Revenue Next 3Y-0.3%
Revenue Next 5Y1.69%
EBIT growth 1Y-16.99%
EBIT growth 3Y13.71%
EBIT growth 5Y37.51%
EBIT Next Year73.98%
EBIT Next 3Y14.31%
EBIT Next 5Y10.2%
FCF growth 1Y66.22%
FCF growth 3Y14.4%
FCF growth 5Y16.36%
OCF growth 1Y82.07%
OCF growth 3Y38.88%
OCF growth 5Y17.98%
BAYTEX ENERGY CORP / BTE FAQ
What is the fundamental rating for BTE stock?
ChartMill assigns a fundamental rating of 4 / 10 to BTE.
What is the valuation status for BTE stock?
ChartMill assigns a valuation rating of 6 / 10 to BAYTEX ENERGY CORP (BTE). This can be considered as Fairly Valued.
Can you provide the profitability details for BAYTEX ENERGY CORP?
BAYTEX ENERGY CORP (BTE) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for BTE stock?
The Price/Earnings (PE) ratio for BAYTEX ENERGY CORP (BTE) is 7.04 and the Price/Book (PB) ratio is 0.63.
What is the expected EPS growth for BAYTEX ENERGY CORP (BTE) stock?
The Earnings per Share (EPS) of BAYTEX ENERGY CORP (BTE) is expected to grow by 10.29% in the next year.