CRESCENT POINT ENERGY CORP (CPG.CA) Stock Fundamental Analysis
TSX:CPG - Toronto Stock Exchange - CA22576C1014 - Common Stock - Currency: CAD
CPG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CPG while its profitability can be described as average. CPG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CPG has reported negative net income.
CPG had a positive operating cash flow in the past year.
In multiple years CPG reported negative net income over the last 5 years.
CPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPG has a Return On Assets of 1.32%. This is comparable to the rest of the industry: CPG outperforms 48.84% of its industry peers.
CPG has a Return On Equity (2.49%) which is in line with its industry peers.
With an excellent Return On Invested Capital value of 9.92%, CPG belongs to the best of the industry, outperforming 89.30% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPG is above the industry average of 7.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.49% | ||
| ROIC | 9.92% |
ROA(3y)15.29%
ROA(5y)-0.46%
ROE(3y)24.96%
ROE(5y)-6.74%
ROIC(3y)11.15%
ROIC(5y)7.73%
1.3 Margins
CPG's Profit Margin of 3.77% is in line compared to the rest of the industry. CPG outperforms 51.63% of its industry peers.
The Operating Margin of CPG (33.75%) is better than 82.33% of its industry peers.
In the last couple of years the Operating Margin of CPG has grown nicely.
With an excellent Gross Margin value of 73.41%, CPG belongs to the best of the industry, outperforming 86.98% of the companies in the same industry.
CPG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.75% | ||
| PM (TTM) | 3.77% | ||
| GM | 73.41% |
OM growth 3Y1648.67%
OM growth 5Y17.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.26%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
CPG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CPG has more shares outstanding than it did 1 year ago.
CPG has more shares outstanding than it did 5 years ago.
CPG has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.00, we must say that CPG is in the distress zone and has some risk of bankruptcy.
CPG's Altman-Z score of 0.00 is on the low side compared to the rest of the industry. CPG is outperformed by 69.77% of its industry peers.
CPG has a Debt/Equity ratio of 0.52. This is a neutral value indicating CPG is somewhat dependend on debt financing.
CPG's Debt to Equity ratio of 0.52 is on the low side compared to the rest of the industry. CPG is outperformed by 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0 |
ROIC/WACC1.5
WACC6.61%
2.3 Liquidity
CPG has a Current Ratio of 1.03. This is a normal value and indicates that CPG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.03, CPG perfoms like the industry average, outperforming 54.88% of the companies in the same industry.
A Quick Ratio of 1.03 indicates that CPG should not have too much problems paying its short term obligations.
The Quick ratio of CPG (1.03) is better than 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
CPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -118.00%.
The Earnings Per Share has been growing by 39.77% on average over the past years. This is a very strong growth
Looking at the last year, CPG shows a quite strong growth in Revenue. The Revenue has grown by 10.17% in the last year.
The Revenue has been decreasing by -0.80% on average over the past years.
EPS 1Y (TTM)-118%
EPS 3YN/A
EPS 5Y39.77%
EPS Q2Q%-269.23%
Revenue 1Y (TTM)10.17%
Revenue growth 3Y28.94%
Revenue growth 5Y-0.8%
Sales Q2Q%-3.96%
3.2 Future
CPG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.45% yearly.
Based on estimates for the next years, CPG will show a quite strong growth in Revenue. The Revenue will grow by 10.38% on average per year.
EPS Next Y67.7%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
EPS Next 5YN/A
Revenue Next Year38.64%
Revenue Next 2Y22.84%
Revenue Next 3Y15.26%
Revenue Next 5Y10.38%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CPG. In the last year negative earnings were reported.
CPG is valuated cheaply with a Price/Forward Earnings ratio of 4.05.
CPG's Price/Forward Earnings ratio is rather cheap when compared to the industry. CPG is cheaper than 89.30% of the companies in the same industry.
CPG is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPG indicates a rather cheap valuation: CPG is cheaper than 86.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.23 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CPG has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CPG's earnings are expected to grow with 32.45% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.54%
EPS Next 3Y32.45%
5. Dividend
5.1 Amount
CPG has a Yearly Dividend Yield of 3.92%. Purely for dividend investing, there may be better candidates out there.
The stock price of CPG dropped by -24.20% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
CPG's Dividend Yield is a higher than the industry average which is at 6.24.
CPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
The dividend of CPG decreases each year by -0.01%.
CPG has been paying a dividend for at least 10 years, so it has a reliable track record.
CPG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.01%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CPG pays out 167.78% of its income as dividend. This is not a sustainable payout ratio.
DP167.78%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
TSX:CPG (11/22/2024, 7:00:00 PM)
7.58
+0.05 (+0.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.09%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.69B
Analysts81.11
Price Target14.86 (96.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Yearly Dividend0.36
Dividend Growth(5Y)-0.01%
DP167.78%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)34.63%
Min EPS beat(2)-278.4%
Max EPS beat(2)347.65%
EPS beat(4)1
Avg EPS beat(4)-87.63%
Min EPS beat(4)-418.27%
Max EPS beat(4)347.65%
EPS beat(8)2
Avg EPS beat(8)-83.78%
EPS beat(12)3
Avg EPS beat(12)-19.38%
EPS beat(16)3
Avg EPS beat(16)-61.27%
Revenue beat(2)0
Avg Revenue beat(2)-17.3%
Min Revenue beat(2)-19.96%
Max Revenue beat(2)-14.63%
Revenue beat(4)0
Avg Revenue beat(4)-14.89%
Min Revenue beat(4)-19.96%
Max Revenue beat(4)-11.2%
Revenue beat(8)2
Avg Revenue beat(8)-3.72%
Revenue beat(12)6
Avg Revenue beat(12)1.73%
Revenue beat(16)7
Avg Revenue beat(16)-1.76%
PT rev (1m)0%
PT rev (3m)0%
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)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.05 | ||
| P/S | 1.11 | ||
| P/FCF | N/A | ||
| P/OCF | 2.2 | ||
| P/B | 0.74 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 3.23 |
EPS(TTM)-0.09
EYN/A
EPS(NY)1.87
Fwd EY24.66%
FCF(TTM)-3.91
FCFYN/A
OCF(TTM)3.45
OCFY45.47%
SpS6.8
BVpS10.3
TBVpS9.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.49% | ||
| ROCE | 13.28% | ||
| ROIC | 9.92% | ||
| ROICexc | 9.94% | ||
| ROICexgc | 10.17% | ||
| OM | 33.75% | ||
| PM (TTM) | 3.77% | ||
| GM | 73.41% | ||
| FCFM | N/A |
ROA(3y)15.29%
ROA(5y)-0.46%
ROE(3y)24.96%
ROE(5y)-6.74%
ROIC(3y)11.15%
ROIC(5y)7.73%
ROICexc(3y)11.34%
ROICexc(5y)7.86%
ROICexgc(3y)11.64%
ROICexgc(5y)8.06%
ROCE(3y)14.93%
ROCE(5y)10.36%
ROICexcg growth 3Y1709.83%
ROICexcg growth 5Y17.71%
ROICexc growth 3Y1718.02%
ROICexc growth 5Y17.62%
OM growth 3Y1648.67%
OM growth 5Y17.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.26%
GM growth 5Y0.04%
F-Score4
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 386.89% | ||
| Cap/Sales | 108.14% | ||
| Interest Coverage | 8.09 | ||
| Cash Conversion | 82.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0 |
F-Score4
WACC6.61%
ROIC/WACC1.5
Cap/Depr(3y)247.96%
Cap/Depr(5y)161.8%
Cap/Sales(3y)77.1%
Cap/Sales(5y)64.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-118%
EPS 3YN/A
EPS 5Y39.77%
EPS Q2Q%-269.23%
EPS Next Y67.7%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
EPS Next 5YN/A
Revenue 1Y (TTM)10.17%
Revenue growth 3Y28.94%
Revenue growth 5Y-0.8%
Sales Q2Q%-3.96%
Revenue Next Year38.64%
Revenue Next 2Y22.84%
Revenue Next 3Y15.26%
Revenue Next 5Y10.38%
EBIT growth 1Y-18.62%
EBIT growth 3Y2154.76%
EBIT growth 5Y16.34%
EBIT Next Year145.79%
EBIT Next 3Y30.19%
EBIT Next 5Y17.56%
FCF growth 1Y-1517.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.84%
OCF growth 3Y36.65%
OCF growth 5Y4.67%