KEYERA CORP (KEY.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:KEY - CA4932711001 - Common Stock
43.74 CAD
-0.01 (-0.02%)
Taking everything into account, KEY scores 5 out of 10 in our fundamental rating. KEY was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. KEY has only an average score on both its financial health and profitability. KEY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- KEY had positive earnings in the past year.
- KEY had a positive operating cash flow in the past year.
- 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.
1.2 Ratios
- KEY has a better Return On Assets (3.22%) than 75.23% of its industry peers.
- The Return On Equity of KEY (15.37%) is better than 92.52% of its industry peers.
- The Return On Invested Capital of KEY (5.64%) is better than 78.97% of its industry peers.
- KEY had an Average Return On Invested Capital over the past 3 years of 8.56%. This 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's Profit Margin of 6.07% is in line compared to the rest of the industry. KEY outperforms 58.88% of its industry peers.
- In the last couple of years the Profit Margin of KEY has declined.
- KEY has a Operating Margin of 10.58%. This is comparable to the rest of the industry: KEY outperforms 58.41% of its industry peers.
- KEY's Operating Margin has declined in the last couple of years.
- KEY's Gross Margin of 18.92% is in line compared to the rest of the industry. KEY outperforms 50.93% of its industry peers.
- KEY's Gross Margin has declined in the last couple of years.
| 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
- KEY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
- KEY has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.60, we must say that KEY is in the distress zone and has some risk of bankruptcy.
- KEY has a Altman-Z score of 1.60. This is in the better half of the industry: KEY outperforms 66.36% of its industry peers.
- KEY has a debt to FCF ratio of 12.11. This is a negative value and a sign of low solvency as KEY would need 12.11 years to pay back of all of its debts.
- KEY has a better Debt to FCF ratio (12.11) than 72.90% 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's Debt to Equity ratio of 2.22 is on the low side compared to the rest of the industry. KEY is outperformed by 76.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 12.11 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.76
WACC7.39%
2.3 Liquidity
- A Current Ratio of 1.88 indicates that KEY should not have too much problems paying its short term obligations.
- KEY's Current ratio of 1.88 is fine compared to the rest of the industry. KEY outperforms 78.04% of its industry peers.
- A Quick Ratio of 1.78 indicates that KEY should not have too much problems paying its short term obligations.
- KEY has a Quick ratio of 1.78. This is in the better half of the industry: KEY outperforms 79.44% of its industry peers.
| 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.
- KEY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.96% yearly.
- 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
- Based on estimates for the next years, KEY will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.00% on average per year.
- Based on estimates for the next years, KEY will show a quite strong growth in Revenue. The Revenue will grow by 13.42% on average per year.
EPS Next Y-6.92%
EPS Next 2Y15.01%
EPS Next 3Y13.29%
EPS Next 5Y12%
Revenue Next Year-1.29%
Revenue Next 2Y16.14%
Revenue Next 3Y15.57%
Revenue Next 5Y13.42%
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 accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 23.27, the valuation of KEY can be described as rather expensive.
- Based on the Price/Earnings ratio, KEY is valued a bit cheaper than 62.15% of the companies in the same industry.
- KEY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.32.
- KEY is valuated correctly with a Price/Forward Earnings ratio of 15.45.
- Based on the Price/Forward Earnings ratio, KEY is valued a bit cheaper than the industry average as 64.49% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.30. KEY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.27 | ||
| Fwd PE | 15.45 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as KEY.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEY indicates a somewhat cheap valuation: KEY is cheaper than 64.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.57 | ||
| EV/EBITDA | 14.51 |
4.3 Compensation for Growth
- KEY's earnings are expected to grow with 13.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)24.19
EPS Next 2Y15.01%
EPS Next 3Y13.29%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.85%, KEY is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.82, 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 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
5.2 History
- The dividend of KEY has a limited annual growth rate of 2.11%.
- 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)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 2Y15.01%
EPS Next 3Y13.29%
TSX:KEY (1/21/2026, 7:00:00 PM)
43.74
-0.01 (-0.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-14 2025-11-14/bmo
Earnings (Next)02-11 2026-02-11/amc
Inst Owners48.23%
Inst Owner ChangeN/A
Ins Owners0.41%
Ins Owner ChangeN/A
Market Cap12.34B
Revenue(TTM)7.09B
Net Income(TTM)430.98M
Analysts77.5
Price Target53.28 (21.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
Yearly Dividend2.04
Dividend Growth(5Y)2.11%
DP111.75%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
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)1.04%
PT rev (3m)2.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.33%
EPS NY rev (1m)-4.15%
EPS NY rev (3m)-11.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.62%
Revenue NY rev (1m)2.65%
Revenue NY rev (3m)3.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.27 | ||
| Fwd PE | 15.45 | ||
| P/S | 1.74 | ||
| P/FCF | 22.57 | ||
| P/OCF | 15.4 | ||
| P/B | 4.4 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 14.51 |
EPS(TTM)1.88
EY4.3%
EPS(NY)2.83
Fwd EY6.47%
FCF(TTM)1.94
FCFY4.43%
OCF(TTM)2.84
OCFY6.49%
SpS25.14
BVpS9.94
TBVpS9.68
PEG (NY)N/A
PEG (5Y)24.19
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 | 1.6 |
F-Score4
WACC7.39%
ROIC/WACC0.76
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 Y-6.92%
EPS Next 2Y15.01%
EPS Next 3Y13.29%
EPS Next 5Y12%
Revenue 1Y (TTM)-5.45%
Revenue growth 3Y12.72%
Revenue growth 5Y14.57%
Sales Q2Q%-8.91%
Revenue Next Year-1.29%
Revenue Next 2Y16.14%
Revenue Next 3Y15.57%
Revenue Next 5Y13.42%
EBIT growth 1Y-24.14%
EBIT growth 3Y7.79%
EBIT growth 5Y6.8%
EBIT Next Year26.34%
EBIT Next 3Y31.82%
EBIT Next 5Y19.87%
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 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.
What is the profitability of KEY stock?
KEYERA CORP (KEY.CA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for KEY stock?
The Price/Earnings (PE) ratio for KEYERA CORP (KEY.CA) is 23.27 and the Price/Book (PB) ratio is 4.4.
What is the expected EPS growth for KEYERA CORP (KEY.CA) stock?
The Earnings per Share (EPS) of KEYERA CORP (KEY.CA) is expected to decline by -6.92% in the next year.