JOURNEY ENERGY INC (JOY.CA) Stock Fundamental Analysis
TSX:JOY - Toronto Stock Exchange - CA48113W1023 - Common Stock - Currency: CAD
Taking everything into account, JOY scores 3 out of 10 in our fundamental rating. JOY was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of JOY while its profitability can be described as average. JOY is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
JOY had positive earnings in the past year.
In the past year JOY had a positive cash flow from operations.
JOY had positive earnings in 4 of the past 5 years.
In the past 5 years JOY always reported a positive cash flow from operatings.
1.2 Ratios
JOY has a Return On Assets (1.65%) which is in line with its industry peers.
With a Return On Equity value of 2.87%, JOY perfoms like the industry average, outperforming 54.33% of the companies in the same industry.
JOY has a Return On Invested Capital (1.64%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for JOY is below the industry average of 7.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 2.87% | ||
| ROIC | 1.64% |
ROA(3y)9.25%
ROA(5y)7.16%
ROE(3y)20.36%
ROE(5y)N/A
ROIC(3y)5.28%
ROIC(5y)N/A
1.3 Margins
JOY has a Profit Margin (5.76%) which is in line with its industry peers.
In the last couple of years the Profit Margin of JOY has declined.
JOY's Operating Margin of 6.86% is in line compared to the rest of the industry. JOY outperforms 50.48% of its industry peers.
JOY's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 45.49%, JOY is doing good in the industry, outperforming 69.71% of the companies in the same industry.
In the last couple of years the Gross Margin of JOY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.86% | ||
| PM (TTM) | 5.76% | ||
| GM | 45.49% |
OM growth 3Y-35.43%
OM growth 5YN/A
PM growth 3Y-67.01%
PM growth 5YN/A
GM growth 3Y-6.44%
GM growth 5Y-1.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JOY is destroying value.
The number of shares outstanding for JOY has been increased compared to 1 year ago.
The number of shares outstanding for JOY has been increased compared to 5 years ago.
Compared to 1 year ago, JOY has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that JOY is in the distress zone and has some risk of bankruptcy.
JOY has a Altman-Z score of 0.35. This is comparable to the rest of the industry: JOY outperforms 40.87% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that JOY is not too dependend on debt financing.
JOY's Debt to Equity ratio of 0.12 is fine compared to the rest of the industry. JOY outperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.35 |
ROIC/WACC0.18
WACC8.88%
2.3 Liquidity
A Current Ratio of 0.64 indicates that JOY may have some problems paying its short term obligations.
With a Current ratio value of 0.64, JOY is not doing good in the industry: 64.42% of the companies in the same industry are doing better.
JOY has a Quick Ratio of 0.64. This is a bad value and indicates that JOY is not financially healthy enough and could expect problems in meeting its short term obligations.
JOY's Quick ratio of 0.64 is in line compared to the rest of the industry. JOY outperforms 43.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
JOY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.51%.
The earnings per share for JOY have been decreasing by -65.16% on average. This is quite bad
The Revenue has decreased by -8.36% in the past year.
JOY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.06% yearly.
EPS 1Y (TTM)-21.51%
EPS 3Y-65.16%
EPS 5YN/A
EPS Q2Q%140%
Revenue 1Y (TTM)-8.36%
Revenue growth 3Y13.09%
Revenue growth 5Y11.06%
Sales Q2Q%1.23%
3.2 Future
Based on estimates for the next years, JOY will show a very strong growth in Earnings Per Share. The EPS will grow by 66.66% on average per year.
The Revenue is expected to decrease by -5.76% on average over the next years.
EPS Next Y13.63%
EPS Next 2Y66.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-21.77%
Revenue Next 2Y-5.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 16.60, which indicates a correct valuation of JOY.
JOY's Price/Earnings ratio is a bit cheaper when compared to the industry. JOY is cheaper than 60.10% of the companies in the same industry.
JOY is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.21, which indicates a very decent valuation of JOY.
JOY's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.09, JOY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 11.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JOY indicates a rather cheap valuation: JOY is cheaper than 87.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.05 |
4.3 Compensation for Growth
JOY's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as JOY's earnings are expected to grow with 66.66% in the coming years.
PEG (NY)1.22
PEG (5Y)N/A
EPS Next 2Y66.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:JOY (8/8/2025, 7:00:00 PM)
2.49
-0.03 (-1.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.35%
Inst Owner ChangeN/A
Ins Owners10.81%
Ins Owner ChangeN/A
Market Cap167.10M
Analysts77.5
Price Target3.89 (56.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)172.28%
Min EPS beat(2)48.51%
Max EPS beat(2)296.04%
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)3.39%
PT rev (3m)-1.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)150%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.6 | ||
| Fwd PE | 11.21 | ||
| P/S | 1 | ||
| P/FCF | N/A | ||
| P/OCF | 4.05 | ||
| P/B | 0.5 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | 4.05 |
EPS(TTM)0.15
EY6.02%
EPS(NY)0.22
Fwd EY8.92%
FCF(TTM)0
FCFYN/A
OCF(TTM)0.62
OCFY24.71%
SpS2.49
BVpS4.99
TBVpS4.99
PEG (NY)1.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.65% | ||
| ROE | 2.87% | ||
| ROCE | 2.17% | ||
| ROIC | 1.64% | ||
| ROICexc | 1.66% | ||
| ROICexgc | 1.66% | ||
| OM | 6.86% | ||
| PM (TTM) | 5.76% | ||
| GM | 45.49% | ||
| FCFM | N/A |
ROA(3y)9.25%
ROA(5y)7.16%
ROE(3y)20.36%
ROE(5y)N/A
ROIC(3y)5.28%
ROIC(5y)N/A
ROICexc(3y)5.57%
ROICexc(5y)N/A
ROICexgc(3y)5.57%
ROICexgc(5y)N/A
ROCE(3y)7%
ROCE(5y)N/A
ROICexcg growth 3Y-39.27%
ROICexcg growth 5YN/A
ROICexc growth 3Y-39.27%
ROICexc growth 5YN/A
OM growth 3Y-35.43%
OM growth 5YN/A
PM growth 3Y-67.01%
PM growth 5YN/A
GM growth 3Y-6.44%
GM growth 5Y-1.27%
F-Score3
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | 103.6% | ||
| Cap/Sales | 24.76% | ||
| Interest Coverage | 1.67 | ||
| Cash Conversion | 80.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 0.35 |
F-Score3
WACC8.88%
ROIC/WACC0.18
Cap/Depr(3y)193.85%
Cap/Depr(5y)124.2%
Cap/Sales(3y)33.77%
Cap/Sales(5y)23.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.51%
EPS 3Y-65.16%
EPS 5YN/A
EPS Q2Q%140%
EPS Next Y13.63%
EPS Next 2Y66.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.36%
Revenue growth 3Y13.09%
Revenue growth 5Y11.06%
Sales Q2Q%1.23%
Revenue Next Year-21.77%
Revenue Next 2Y-5.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-49.01%
EBIT growth 3Y-26.98%
EBIT growth 5YN/A
EBIT Next Year6.12%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y91.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-57.12%
OCF growth 3Y-4.5%
OCF growth 5Y5.16%