KEYERA CORP (KEY.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:KEY - CA4932711001 - Common Stock
45.6 CAD
+0.45 (+1%)
KEY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 215 industry peers in the Oil, Gas & Consumable Fuels industry. KEY has only an average score on both its financial health and profitability. KEY has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KEY was profitable.
KEY had a positive operating cash flow in the past year.
Each year in the past 5 years KEY has been profitable.
Each year in the past 5 years KEY had a positive operating cash flow.
1.2 Ratios
KEY's Return On Assets of 3.22% is fine compared to the rest of the industry. KEY outperforms 75.35% of its industry peers.
KEY has a better Return On Equity (15.37%) than 92.56% of its industry peers.
The Return On Invested Capital of KEY (5.64%) is better than 77.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KEY is above the industry average of 6.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 15.37% | ||
| ROIC | 5.64% |
ROA(3y)4.74%
ROA(5y)3.81%
ROE(3y)14.7%
ROE(5y)11.71%
ROIC(3y)8.56%
ROIC(5y)7.83%
1.3 Margins
KEY has a Profit Margin (6.07%) which is in line with its industry peers.
KEY's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 10.58%, KEY is in line with its industry, outperforming 55.35% of the companies in the same industry.
KEY's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 18.92%, KEY is in line with its industry, outperforming 47.44% of the companies in the same industry.
In the last couple of years the Gross Margin of KEY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.58% | ||
| PM (TTM) | 6.07% | ||
| GM | 18.92% |
OM growth 3Y-4.37%
OM growth 5Y-6.77%
PM growth 3Y1.58%
PM growth 5Y-11.08%
GM growth 3Y-2.54%
GM growth 5Y-6.91%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KEY is creating some value.
Compared to 1 year ago, KEY has about the same amount of shares outstanding.
Compared to 5 years ago, KEY has more shares outstanding
Compared to 1 year ago, KEY has an improved debt to assets ratio.
2.2 Solvency
KEY has an Altman-Z score of 1.63. This is a bad value and indicates that KEY is not financially healthy and even has some risk of bankruptcy.
KEY has a Altman-Z score of 1.63. This is in the better half of the industry: KEY outperforms 69.30% of its industry peers.
The Debt to FCF ratio of KEY is 12.11, which is on the high side as it means it would take KEY, 12.11 years of fcf income to pay off all of its debts.
KEY has a Debt to FCF ratio of 12.11. This is in the better half of the industry: KEY outperforms 73.02% of its industry peers.
KEY has a Debt/Equity ratio of 2.22. This is a high value indicating a heavy dependency on external financing.
KEY has a worse Debt to Equity ratio (2.22) than 80.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 12.11 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.77
WACC7.37%
2.3 Liquidity
KEY has a Current Ratio of 1.88. This is a normal value and indicates that KEY is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of KEY (1.88) is better than 78.14% of its industry peers.
A Quick Ratio of 1.78 indicates that KEY should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.78, KEY is in the better half of the industry, outperforming 79.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
The earnings per share for KEY have decreased by -4.08% in the last year.
The Earnings Per Share has been growing slightly by 0.96% on average over the past years.
Looking at the last year, KEY shows a decrease in Revenue. The Revenue has decreased by -5.45% in the last year.
The Revenue has been growing by 14.57% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.08%
EPS 3Y15.19%
EPS 5Y0.96%
EPS Q2Q%-54.88%
Revenue 1Y (TTM)-5.45%
Revenue growth 3Y12.72%
Revenue growth 5Y14.57%
Sales Q2Q%-8.91%
3.2 Future
The Earnings Per Share is expected to grow by 9.12% on average over the next years. This is quite good.
KEY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.75% yearly.
EPS Next Y5.65%
EPS Next 2Y15.64%
EPS Next 3Y13.04%
EPS Next 5Y9.12%
Revenue Next Year-4.37%
Revenue Next 2Y16.82%
Revenue Next 3Y15.01%
Revenue Next 5Y7.75%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 24.26 indicates a rather expensive valuation of KEY.
Based on the Price/Earnings ratio, KEY is valued a bit cheaper than 61.40% of the companies in the same industry.
When comparing the Price/Earnings ratio of KEY to the average of the S&P500 Index (26.15), we can say KEY is valued inline with the index average.
KEY is valuated correctly with a Price/Forward Earnings ratio of 15.93.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KEY is on the same level as its industry peers.
KEY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.26 | ||
| Fwd PE | 15.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KEY is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEY indicates a somewhat cheap valuation: KEY is cheaper than 62.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.53 | ||
| EV/EBITDA | 14.98 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KEY does not grow enough to justify the current Price/Earnings ratio.
KEY's earnings are expected to grow with 13.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.29
PEG (5Y)25.22
EPS Next 2Y15.64%
EPS Next 3Y13.04%
5. Dividend
5.1 Amount
KEY has a Yearly Dividend Yield of 4.89%, which is a nice return.
Compared to an average industry Dividend Yield of 5.88, KEY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, KEY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
5.2 History
The dividend of KEY has a limited annual growth rate of 2.11%.
KEY has been paying a dividend for at least 10 years, so it has a reliable track record.
KEY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.11%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
KEY pays out 111.75% of its income as dividend. This is not a sustainable payout ratio.
The dividend of KEY is growing, but earnings are growing more, so the dividend growth is sustainable.
DP111.75%
EPS Next 2Y15.64%
EPS Next 3Y13.04%
TSX:KEY (12/1/2025, 7:00:00 PM)
45.6
+0.45 (+1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.38%
Inst Owner ChangeN/A
Ins Owners0.42%
Ins Owner ChangeN/A
Market Cap12.87B
Revenue(TTM)7.09B
Net Income(TTM)430.98M
Analysts77.65
Price Target52.65 (15.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.89% |
Yearly Dividend2.04
Dividend Growth(5Y)2.11%
DP111.75%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.98%
Min EPS beat(2)-31.68%
Max EPS beat(2)37.63%
EPS beat(4)2
Avg EPS beat(4)-1.72%
Min EPS beat(4)-31.68%
Max EPS beat(4)37.63%
EPS beat(8)3
Avg EPS beat(8)-12.22%
EPS beat(12)5
Avg EPS beat(12)-21.38%
EPS beat(16)8
Avg EPS beat(16)-13.03%
Revenue beat(2)0
Avg Revenue beat(2)-7.15%
Min Revenue beat(2)-10.47%
Max Revenue beat(2)-3.82%
Revenue beat(4)1
Avg Revenue beat(4)-0.38%
Min Revenue beat(4)-10.47%
Max Revenue beat(4)14.91%
Revenue beat(8)3
Avg Revenue beat(8)1.22%
Revenue beat(12)4
Avg Revenue beat(12)-1.42%
Revenue beat(16)8
Avg Revenue beat(16)10.46%
PT rev (1m)1.05%
PT rev (3m)1.05%
EPS NQ rev (1m)-11.33%
EPS NQ rev (3m)-14.26%
EPS NY rev (1m)0.08%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)4.62%
Revenue NQ rev (3m)5.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.26 | ||
| Fwd PE | 15.93 | ||
| P/S | 1.81 | ||
| P/FCF | 23.53 | ||
| P/OCF | 16.06 | ||
| P/B | 4.59 | ||
| P/tB | 4.71 | ||
| EV/EBITDA | 14.98 |
EPS(TTM)1.88
EY4.12%
EPS(NY)2.86
Fwd EY6.28%
FCF(TTM)1.94
FCFY4.25%
OCF(TTM)2.84
OCFY6.23%
SpS25.14
BVpS9.94
TBVpS9.68
PEG (NY)4.29
PEG (5Y)25.22
Graham Number20.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.22% | ||
| ROE | 15.37% | ||
| ROCE | 7.32% | ||
| ROIC | 5.64% | ||
| ROICexc | 7.76% | ||
| ROICexgc | 7.83% | ||
| OM | 10.58% | ||
| PM (TTM) | 6.07% | ||
| GM | 18.92% | ||
| FCFM | 7.71% |
ROA(3y)4.74%
ROA(5y)3.81%
ROE(3y)14.7%
ROE(5y)11.71%
ROIC(3y)8.56%
ROIC(5y)7.83%
ROICexc(3y)8.62%
ROICexc(5y)7.87%
ROICexgc(3y)8.71%
ROICexgc(5y)7.97%
ROCE(3y)11.11%
ROCE(5y)10.16%
ROICexgc growth 3Y6.46%
ROICexgc growth 5Y4.33%
ROICexc growth 3Y6.6%
ROICexc growth 5Y4.54%
OM growth 3Y-4.37%
OM growth 5Y-6.77%
PM growth 3Y1.58%
PM growth 5Y-11.08%
GM growth 3Y-2.54%
GM growth 5Y-6.91%
F-Score4
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 12.11 | ||
| Debt/EBITDA | 5.6 | ||
| Cap/Depr | 70.03% | ||
| Cap/Sales | 3.59% | ||
| Interest Coverage | 3.86 | ||
| Cash Conversion | 71.9% | ||
| Profit Quality | 126.85% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 1.63 |
F-Score4
WACC7.37%
ROIC/WACC0.77
Cap/Depr(3y)174.25%
Cap/Depr(5y)189.14%
Cap/Sales(3y)7%
Cap/Sales(5y)10.6%
Profit Quality(3y)122.66%
Profit Quality(5y)88.01%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.08%
EPS 3Y15.19%
EPS 5Y0.96%
EPS Q2Q%-54.88%
EPS Next Y5.65%
EPS Next 2Y15.64%
EPS Next 3Y13.04%
EPS Next 5Y9.12%
Revenue 1Y (TTM)-5.45%
Revenue growth 3Y12.72%
Revenue growth 5Y14.57%
Sales Q2Q%-8.91%
Revenue Next Year-4.37%
Revenue Next 2Y16.82%
Revenue Next 3Y15.01%
Revenue Next 5Y7.75%
EBIT growth 1Y-24.14%
EBIT growth 3Y7.79%
EBIT growth 5Y6.8%
EBIT Next Year31.74%
EBIT Next 3Y28.62%
EBIT Next 5Y18.43%
FCF growth 1Y33.4%
FCF growth 3Y134.72%
FCF growth 5YN/A
OCF growth 1Y-8.86%
OCF growth 3Y29.43%
OCF growth 5Y7.35%
KEYERA CORP / KEY.CA FAQ
Can you provide the ChartMill fundamental rating for KEYERA CORP?
ChartMill assigns a fundamental rating of 4 / 10 to KEY.CA.
Can you provide the valuation status for KEYERA CORP?
ChartMill assigns a valuation rating of 4 / 10 to KEYERA CORP (KEY.CA). This can be considered as Fairly Valued.
What is the profitability of KEY stock?
KEYERA CORP (KEY.CA) has a profitability rating of 5 / 10.
What is the financial health of KEYERA CORP (KEY.CA) stock?
The financial health rating of KEYERA CORP (KEY.CA) is 4 / 10.
Can you provide the dividend sustainability for KEY stock?
The dividend rating of KEYERA CORP (KEY.CA) is 6 / 10 and the dividend payout ratio is 111.75%.