KELT EXPLORATION LTD (KEL.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:KEL • CA4882951060

8.01 CAD
+0.32 (+4.16%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to KEL. KEL was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. While KEL belongs to the best of the industry regarding profitability, there are concerns on its financial health. KEL has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • KEL had positive earnings in the past year.
  • In the past year KEL had a positive cash flow from operations.
  • Of the past 5 years KEL 4 years were profitable.
  • Each year in the past 5 years KEL had a positive operating cash flow.
KEL.CA Yearly Net Income VS EBIT VS OCF VS FCFKEL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.62%, KEL is in the better half of the industry, outperforming 78.70% of the companies in the same industry.
  • KEL has a Return On Equity (5.17%) which is in line with its industry peers.
  • The Return On Invested Capital of KEL (2.87%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for KEL is above the industry average of 6.50%.
  • The last Return On Invested Capital (2.87%) for KEL is well below the 3 year average (9.54%), which needs to be investigated, but indicates that KEL had better years and this may not be a problem.
Industry RankSector Rank
ROA 3.62%
ROE 5.17%
ROIC 2.87%
ROA(3y)8.01%
ROA(5y)-1.24%
ROE(3y)10.15%
ROE(5y)-1.51%
ROIC(3y)9.54%
ROIC(5y)N/A
KEL.CA Yearly ROA, ROE, ROICKEL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40

1.3 Margins

  • The Profit Margin of KEL (12.85%) is better than 76.85% of its industry peers.
  • KEL's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 12.97%, KEL is in the better half of the industry, outperforming 60.65% of the companies in the same industry.
  • In the last couple of years the Operating Margin of KEL has grown nicely.
  • With a decent Gross Margin value of 56.44%, KEL is doing good in the industry, outperforming 78.24% of the companies in the same industry.
  • In the last couple of years the Gross Margin of KEL has remained more or less at the same level.
Industry RankSector Rank
OM 12.97%
PM (TTM) 12.85%
GM 56.44%
OM growth 3Y-16%
OM growth 5Y17.59%
PM growth 3Y-34.73%
PM growth 5Y44.22%
GM growth 3Y-4.48%
GM growth 5Y0.4%
KEL.CA Yearly Profit, Operating, Gross MarginsKEL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

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3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KEL is creating some value.
  • KEL has more shares outstanding than it did 1 year ago.
  • KEL has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, KEL has a worse debt to assets ratio.
KEL.CA Yearly Shares OutstandingKEL.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
KEL.CA Yearly Total Debt VS Total AssetsKEL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • KEL has an Altman-Z score of 2.33. This is not the best score and indicates that KEL is in the grey zone with still only limited risk for bankruptcy at the moment.
  • KEL's Altman-Z score of 2.33 is fine compared to the rest of the industry. KEL outperforms 72.22% of its industry peers.
  • KEL has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.17, KEL is doing good in the industry, outperforming 68.06% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Altman-Z 2.33
ROIC/WACC0.36
WACC7.89%
KEL.CA Yearly LT Debt VS Equity VS FCFKEL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • KEL has a Current Ratio of 0.69. This is a bad value and indicates that KEL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.69, KEL is in line with its industry, outperforming 44.91% of the companies in the same industry.
  • A Quick Ratio of 0.69 indicates that KEL may have some problems paying its short term obligations.
  • KEL has a Quick ratio (0.69) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.69
Quick Ratio 0.69
KEL.CA Yearly Current Assets VS Current LiabilitesKEL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 2.06% over the past year.
  • The Earnings Per Share has been growing by 48.96% on average over the past years. This is a very strong growth
  • The Revenue has grown by 9.92% in the past year. This is quite good.
  • The Revenue has been growing slightly by 1.98% on average over the past years.
EPS 1Y (TTM)2.06%
EPS 3Y-28.82%
EPS 5Y48.96%
EPS Q2Q%-184.23%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y12.66%
Revenue growth 5Y1.98%
Sales Q2Q%5.43%

3.2 Future

  • The Earnings Per Share is expected to grow by 44.44% on average over the next years. This is a very strong growth
  • The Revenue is expected to decrease by -54.87% on average over the next years. This is quite bad
EPS Next Y23.95%
EPS Next 2Y55.99%
EPS Next 3Y56.82%
EPS Next 5Y44.44%
Revenue Next Year-15.67%
Revenue Next 2Y6.84%
Revenue Next 3Y-54.87%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same 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.
KEL.CA Yearly Revenue VS EstimatesKEL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
KEL.CA Yearly EPS VS EstimatesKEL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 -1

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 36.41 indicates a quite expensive valuation of KEL.
  • The rest of the industry has a similar Price/Earnings ratio as KEL.
  • KEL is valuated rather expensively when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 14.96, KEL is valued correctly.
  • 66.20% of the companies in the same industry are more expensive than KEL, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. KEL is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 36.41
Fwd PE 14.96
KEL.CA Price Earnings VS Forward Price EarningsKEL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 74.54% of the companies in the same industry are more expensive than KEL, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.77
KEL.CA Per share dataKEL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • KEL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of KEL may justify a higher PE ratio.
  • A more expensive valuation may be justified as KEL's earnings are expected to grow with 56.82% in the coming years.
PEG (NY)1.52
PEG (5Y)0.74
EPS Next 2Y55.99%
EPS Next 3Y56.82%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • KEL does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

KELT EXPLORATION LTD

TSX:KEL (2/6/2026, 7:00:00 PM)

8.01

+0.32 (+4.16%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-13
Earnings (Next)03-05
Inst Owners35.31%
Inst Owner ChangeN/A
Ins Owners17.04%
Ins Owner ChangeN/A
Market Cap1.60B
Revenue(TTM)449.86M
Net Income(TTM)57.79M
Analysts80
Price Target9.87 (23.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)0
Avg Revenue beat(2)-31.44%
Min Revenue beat(2)-32.09%
Max Revenue beat(2)-30.79%
Revenue beat(4)0
Avg Revenue beat(4)-25.68%
Min Revenue beat(4)-32.09%
Max Revenue beat(4)-18.18%
Revenue beat(8)1
Avg Revenue beat(8)-18.92%
Revenue beat(12)2
Avg Revenue beat(12)-13.64%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.78%
PT rev (3m)3.66%
EPS NQ rev (1m)116.67%
EPS NQ rev (3m)-63.89%
EPS NY rev (1m)-1.82%
EPS NY rev (3m)-22.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.1%
Valuation
Industry RankSector Rank
PE 36.41
Fwd PE 14.96
P/S 3.55
P/FCF N/A
P/OCF 6.4
P/B 1.43
P/tB 1.43
EV/EBITDA 7.77
EPS(TTM)0.22
EY2.75%
EPS(NY)0.54
Fwd EY6.68%
FCF(TTM)-0.67
FCFYN/A
OCF(TTM)1.25
OCFY15.62%
SpS2.26
BVpS5.6
TBVpS5.6
PEG (NY)1.52
PEG (5Y)0.74
Graham Number5.27
Profitability
Industry RankSector Rank
ROA 3.62%
ROE 5.17%
ROCE 3.9%
ROIC 2.87%
ROICexc 2.87%
ROICexgc 2.87%
OM 12.97%
PM (TTM) 12.85%
GM 56.44%
FCFM N/A
ROA(3y)8.01%
ROA(5y)-1.24%
ROE(3y)10.15%
ROE(5y)-1.51%
ROIC(3y)9.54%
ROIC(5y)N/A
ROICexc(3y)9.58%
ROICexc(5y)N/A
ROICexgc(3y)9.58%
ROICexgc(5y)N/A
ROCE(3y)12.98%
ROCE(5y)N/A
ROICexgc growth 3Y-19.47%
ROICexgc growth 5Y22.56%
ROICexc growth 3Y-19.47%
ROICexc growth 5Y22.56%
OM growth 3Y-16%
OM growth 5Y17.59%
PM growth 3Y-34.73%
PM growth 5Y44.22%
GM growth 3Y-4.48%
GM growth 5Y0.4%
F-Score4
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Debt/EBITDA 0.81
Cap/Depr 223.68%
Cap/Sales 85.05%
Interest Coverage 6.73
Cash Conversion 108.77%
Profit Quality N/A
Current Ratio 0.69
Quick Ratio 0.69
Altman-Z 2.33
F-Score4
WACC7.89%
ROIC/WACC0.36
Cap/Depr(3y)244.5%
Cap/Depr(5y)202.21%
Cap/Sales(3y)67.76%
Cap/Sales(5y)71.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.06%
EPS 3Y-28.82%
EPS 5Y48.96%
EPS Q2Q%-184.23%
EPS Next Y23.95%
EPS Next 2Y55.99%
EPS Next 3Y56.82%
EPS Next 5Y44.44%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y12.66%
Revenue growth 5Y1.98%
Sales Q2Q%5.43%
Revenue Next Year-15.67%
Revenue Next 2Y6.84%
Revenue Next 3Y-54.87%
Revenue Next 5YN/A
EBIT growth 1Y-20.78%
EBIT growth 3Y-5.37%
EBIT growth 5Y19.91%
EBIT Next Year29.17%
EBIT Next 3Y26.08%
EBIT Next 5YN/A
FCF growth 1Y-3180.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.29%
OCF growth 3Y9.4%
OCF growth 5Y5.18%

KELT EXPLORATION LTD / KEL.CA FAQ

Can you provide the ChartMill fundamental rating for KELT EXPLORATION LTD?

ChartMill assigns a fundamental rating of 4 / 10 to KEL.CA.


What is the valuation status of KELT EXPLORATION LTD (KEL.CA) stock?

ChartMill assigns a valuation rating of 4 / 10 to KELT EXPLORATION LTD (KEL.CA). This can be considered as Fairly Valued.


What is the profitability of KEL stock?

KELT EXPLORATION LTD (KEL.CA) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for KEL stock?

The Price/Earnings (PE) ratio for KELT EXPLORATION LTD (KEL.CA) is 36.41 and the Price/Book (PB) ratio is 1.43.