KEYERA CORP (KEY.CA) Fundamental Analysis & Valuation

TSX:KEY • CA4932711001

Current stock price

49.99 CAD
-0.12 (-0.24%)
Last:

This KEY.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. KEY.CA Profitability Analysis

1.1 Basic Checks

  • In the past year KEY was profitable.
  • In the past year KEY had a positive cash flow from operations.
  • KEY had positive earnings in each of the past 5 years.
  • Each year in the past 5 years KEY had a positive operating cash flow.
KEY.CA Yearly Net Income VS EBIT VS OCF VS FCFKEY.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 2025 0 500M 1B

1.2 Ratios

  • KEY has a better Return On Assets (3.31%) than 74.38% of its industry peers.
  • With an excellent Return On Equity value of 15.64%, KEY belongs to the best of the industry, outperforming 93.10% of the companies in the same industry.
  • KEY's Return On Invested Capital of 5.81% is fine compared to the rest of the industry. KEY outperforms 78.33% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for KEY is in line with the industry average of 6.97%.
Industry RankSector Rank
ROA 3.31%
ROE 15.64%
ROIC 5.81%
ROA(3y)4.57%
ROA(5y)4.3%
ROE(3y)16.03%
ROE(5y)14.39%
ROIC(3y)7.76%
ROIC(5y)7.67%
KEY.CA Yearly ROA, ROE, ROICKEY.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • KEY's Profit Margin of 6.31% is in line compared to the rest of the industry. KEY outperforms 58.62% of its industry peers.
  • KEY's Profit Margin has improved in the last couple of years.
  • KEY has a Operating Margin (11.14%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of KEY has declined.
  • Looking at the Gross Margin, with a value of 20.15%, KEY is in line with its industry, outperforming 47.78% of the companies in the same industry.
  • KEY's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 11.14%
PM (TTM) 6.31%
GM 20.15%
OM growth 3Y-0.11%
OM growth 5Y-10.28%
PM growth 3Y10.7%
PM growth 5Y25.11%
GM growth 3Y6.56%
GM growth 5Y-8.38%
KEY.CA Yearly Profit, Operating, Gross MarginsKEY.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. KEY.CA Health Analysis

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.
  • KEY has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for KEY is higher compared to a year ago.
KEY.CA Yearly Shares OutstandingKEY.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
KEY.CA Yearly Total Debt VS Total AssetsKEY.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.68, we must say that KEY is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.68, KEY is in the better half of the industry, outperforming 64.04% of the companies in the same industry.
  • The Debt to FCF ratio of KEY is 12.80, which is on the high side as it means it would take KEY, 12.80 years of fcf income to pay off all of its debts.
  • KEY's Debt to FCF ratio of 12.80 is fine compared to the rest of the industry. KEY outperforms 74.38% of its industry peers.
  • KEY has a Debt/Equity ratio of 2.18. This is a high value indicating a heavy dependency on external financing.
  • KEY has a worse Debt to Equity ratio (2.18) than 78.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.18
Debt/FCF 12.8
Altman-Z 1.68
ROIC/WACC0.87
WACC6.65%
KEY.CA Yearly LT Debt VS Equity VS FCFKEY.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.76 indicates that KEY should not have too much problems paying its short term obligations.
  • The Current ratio of KEY (1.76) is better than 74.38% of its industry peers.
  • KEY has a Quick Ratio of 1.69. This is a normal value and indicates that KEY is financially healthy and should not expect problems in meeting its short term obligations.
  • KEY has a better Quick ratio (1.69) than 75.37% of its industry peers.
Industry RankSector Rank
Current Ratio 1.76
Quick Ratio 1.69
KEY.CA Yearly Current Assets VS Current LiabilitesKEY.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

More info and screens

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

5

3. KEY.CA Growth Analysis

3.1 Past

  • KEY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.35%.
  • Measured over the past years, KEY shows a very strong growth in Earnings Per Share. The EPS has been growing by 47.27% on average per year.
  • KEY shows a decrease in Revenue. In the last year, the revenue decreased by -3.98%.
  • Measured over the past years, KEY shows a quite strong growth in Revenue. The Revenue has been growing by 17.87% on average per year.
EPS 1Y (TTM)-9.35%
EPS 3Y9.44%
EPS 5Y47.27%
EPS Q2Q%15.38%
Revenue 1Y (TTM)-3.98%
Revenue growth 3Y-0.98%
Revenue growth 5Y17.87%
Sales Q2Q%-12.42%

3.2 Future

  • KEY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.27% yearly.
  • KEY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.32% yearly.
EPS Next Y14.06%
EPS Next 2Y26.96%
EPS Next 3Y19.3%
EPS Next 5Y18.27%
Revenue Next Year27.24%
Revenue Next 2Y18.25%
Revenue Next 3Y16.17%
Revenue Next 5Y11.32%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
KEY.CA Yearly Revenue VS EstimatesKEY.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
KEY.CA Yearly EPS VS EstimatesKEY.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

4

4. KEY.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 25.77 indicates a quite expensive valuation of KEY.
  • 61.08% of the companies in the same industry are more expensive than KEY, based on the Price/Earnings ratio.
  • KEY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.15.
  • A Price/Forward Earnings ratio of 22.59 indicates a rather expensive valuation of KEY.
  • Based on the Price/Forward Earnings ratio, KEY is valued a bit cheaper than the industry average as 65.02% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.12, KEY is valued at the same level.
Industry RankSector Rank
PE 25.77
Fwd PE 22.59
KEY.CA Price Earnings VS Forward Price EarningsKEY.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • KEY's Enterprise Value to EBITDA ratio is in line with the industry average.
  • KEY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KEY is cheaper than 65.02% of the companies in the same industry.
Industry RankSector Rank
P/FCF 28.67
EV/EBITDA 15.87
KEY.CA Per share dataKEY.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • KEY has a very decent profitability rating, which may justify a higher PE ratio.
  • KEY's earnings are expected to grow with 19.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.83
PEG (5Y)0.55
EPS Next 2Y26.96%
EPS Next 3Y19.3%

More info and screens

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

6

5. KEY.CA Dividend Analysis

5.1 Amount

  • KEY has a Yearly Dividend Yield of 4.31%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.03, KEY pays a bit more dividend than its industry peers.
  • KEY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.31%

5.2 History

  • The dividend of KEY has a limited annual growth rate of 1.92%.
  • KEY has paid a dividend for at least 10 years, which is a reliable track record.
  • KEY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.92%
Div Incr Years3
Div Non Decr Years4
KEY.CA Yearly Dividends per shareKEY.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • KEY pays out 112.40% 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.
DP112.4%
EPS Next 2Y26.96%
EPS Next 3Y19.3%
KEY.CA Yearly Income VS Free CF VS DividendKEY.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M 800M 1B
KEY.CA Dividend Payout.KEY.CA Dividend Payout, showing the Payout Ratio.KEY.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KEY.CA Fundamentals: All Metrics, Ratios and Statistics

KEYERA CORP

TSX:KEY (4/27/2026, 7:00:00 PM)

49.99

-0.12 (-0.24%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-11
Earnings (Next)05-12
Inst Owners52.41%
Inst Owner ChangeN/A
Ins Owners0.42%
Ins Owner ChangeN/A
Market Cap14.11B
Revenue(TTM)6.85B
Net Income(TTM)432.33M
Analysts77.5
Price Target55.93 (11.88%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.31%
Yearly Dividend2.12
Dividend Growth(5Y)1.92%
DP112.4%
Div Incr Years3
Div Non Decr Years4
Ex-Date03-16
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.03%
Min EPS beat(2)-31.68%
Max EPS beat(2)11.61%
EPS beat(4)3
Avg EPS beat(4)6.59%
Min EPS beat(4)-31.68%
Max EPS beat(4)37.63%
EPS beat(8)4
Avg EPS beat(8)-3.22%
EPS beat(12)6
Avg EPS beat(12)-4.59%
EPS beat(16)9
Avg EPS beat(16)-10.46%
Revenue beat(2)0
Avg Revenue beat(2)-12.91%
Min Revenue beat(2)-15.34%
Max Revenue beat(2)-10.47%
Revenue beat(4)0
Avg Revenue beat(4)-7.94%
Min Revenue beat(4)-15.34%
Max Revenue beat(4)-2.15%
Revenue beat(8)2
Avg Revenue beat(8)-6.01%
Revenue beat(12)3
Avg Revenue beat(12)-3.29%
Revenue beat(16)7
Avg Revenue beat(16)6.72%
PT rev (1m)2.13%
PT rev (3m)4.98%
EPS NQ rev (1m)-10.73%
EPS NQ rev (3m)-29.46%
EPS NY rev (1m)-2.42%
EPS NY rev (3m)-18.81%
Revenue NQ rev (1m)-17.11%
Revenue NQ rev (3m)-33.25%
Revenue NY rev (1m)-2.31%
Revenue NY rev (3m)-7.14%
Valuation
Industry RankSector Rank
PE 25.77
Fwd PE 22.59
P/S 2.06
P/FCF 28.67
P/OCF 18.21
P/B 5.1
P/tB 5.23
EV/EBITDA 15.87
EPS(TTM)1.94
EY3.88%
EPS(NY)2.21
Fwd EY4.43%
FCF(TTM)1.74
FCFY3.49%
OCF(TTM)2.74
OCFY5.49%
SpS24.29
BVpS9.8
TBVpS9.56
PEG (NY)1.83
PEG (5Y)0.55
Graham Number20.6803 (-58.63%)
Profitability
Industry RankSector Rank
ROA 3.31%
ROE 15.64%
ROCE 7.61%
ROIC 5.81%
ROICexc 7.56%
ROICexgc 7.63%
OM 11.14%
PM (TTM) 6.31%
GM 20.15%
FCFM 7.18%
ROA(3y)4.57%
ROA(5y)4.3%
ROE(3y)16.03%
ROE(5y)14.39%
ROIC(3y)7.76%
ROIC(5y)7.67%
ROICexc(3y)8.4%
ROICexc(5y)8.05%
ROICexgc(3y)8.48%
ROICexgc(5y)8.14%
ROCE(3y)10.17%
ROCE(5y)10.05%
ROICexgc growth 3Y-1.78%
ROICexgc growth 5Y3.73%
ROICexc growth 3Y-1.67%
ROICexc growth 5Y3.92%
OM growth 3Y-0.11%
OM growth 5Y-10.28%
PM growth 3Y10.7%
PM growth 5Y25.11%
GM growth 3Y6.56%
GM growth 5Y-8.38%
F-Score5
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 2.18
Debt/FCF 12.8
Debt/EBITDA 5.29
Cap/Depr 75.35%
Cap/Sales 4.12%
Interest Coverage 4.27
Cash Conversion 68.02%
Profit Quality 113.8%
Current Ratio 1.76
Quick Ratio 1.69
Altman-Z 1.68
F-Score5
WACC6.65%
ROIC/WACC0.87
Cap/Depr(3y)83.73%
Cap/Depr(5y)158.86%
Cap/Sales(3y)4.14%
Cap/Sales(5y)7.05%
Profit Quality(3y)157.61%
Profit Quality(5y)101.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.35%
EPS 3Y9.44%
EPS 5Y47.27%
EPS Q2Q%15.38%
EPS Next Y14.06%
EPS Next 2Y26.96%
EPS Next 3Y19.3%
EPS Next 5Y18.27%
Revenue 1Y (TTM)-3.98%
Revenue growth 3Y-0.98%
Revenue growth 5Y17.87%
Sales Q2Q%-12.42%
Revenue Next Year27.24%
Revenue Next 2Y18.25%
Revenue Next 3Y16.17%
Revenue Next 5Y11.32%
EBIT growth 1Y-9.04%
EBIT growth 3Y-1.09%
EBIT growth 5Y5.75%
EBIT Next Year120.1%
EBIT Next 3Y40.12%
EBIT Next 5Y24.64%
FCF growth 1Y-51.45%
FCF growth 3Y155.79%
FCF growth 5Y75.33%
OCF growth 1Y-38.81%
OCF growth 3Y-5.76%
OCF growth 5Y2.39%

KEYERA CORP / KEY.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for KEYERA CORP?

ChartMill assigns a fundamental rating of 5 / 10 to KEY.CA.


What is the valuation status of KEYERA CORP (KEY.CA) stock?

ChartMill assigns a valuation rating of 4 / 10 to KEYERA CORP (KEY.CA). This can be considered as Fairly Valued.


How profitable is KEYERA CORP (KEY.CA) stock?

KEYERA CORP (KEY.CA) has a profitability rating of 6 / 10.


What are the PE and PB ratios of KEYERA CORP (KEY.CA) stock?

The Price/Earnings (PE) ratio for KEYERA CORP (KEY.CA) is 25.77 and the Price/Book (PB) ratio is 5.1.


Is the dividend of KEYERA CORP sustainable?

The dividend rating of KEYERA CORP (KEY.CA) is 6 / 10 and the dividend payout ratio is 112.4%.