KEYERA CORP (KEY.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:KEY - CA4932711001 - Common Stock
43.77 CAD
+0.65 (+1.51%)
We assign a fundamental rating of 5 out of 10 to KEY. KEY was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. KEY has an average financial health and profitability rating. KEY has a correct valuation and a medium 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.
- In the past 5 years KEY has always been profitable.
- KEY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.22%, KEY is in the better half of the industry, outperforming 74.88% of the companies in the same industry.
- KEY has a Return On Equity of 15.37%. This is amongst the best in the industry. KEY outperforms 92.42% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 5.64%, KEY is in the better half of the industry, outperforming 78.67% of the companies in the same industry.
- KEY had an Average Return On Invested Capital over the past 3 years of 8.56%. This is above the industry average of 6.52%.
| 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 of 6.07%. This is comparable to the rest of the industry: KEY outperforms 58.29% of its industry peers.
- KEY's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 10.58%, KEY perfoms like the industry average, outperforming 57.82% of the companies in the same industry.
- KEY's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 18.92%, KEY perfoms like the industry average, outperforming 49.76% of the companies in the same industry.
- 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.
- KEY has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for KEY has been increased compared to 5 years ago.
- Compared to 1 year ago, KEY has an improved debt to assets ratio.
2.2 Solvency
- KEY has an Altman-Z score of 1.60. This is a bad value and indicates that KEY is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.60, KEY is in the better half of the industry, outperforming 67.30% of the companies in the same industry.
- 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's Debt to FCF ratio of 12.11 is fine compared to the rest of the industry. KEY outperforms 72.51% of its industry peers.
- A Debt/Equity ratio of 2.22 is on the high side and indicates that KEY has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 2.22, KEY is doing worse than 77.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 12.11 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.79
WACC7.13%
2.3 Liquidity
- A Current Ratio of 1.88 indicates that KEY should not have too much problems paying its short term obligations.
- The Current ratio of KEY (1.88) is better than 77.73% of its industry peers.
- KEY has a Quick Ratio of 1.78. This is a normal value and indicates that KEY is financially healthy and should not expect problems in meeting 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 79.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
- KEY shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.08%.
- Measured over the past 5 years, KEY shows a small growth in Earnings Per Share. The EPS has been growing by 0.96% on average per year.
- KEY shows a decrease in Revenue. In the last year, the revenue decreased by -5.45%.
- Measured over the past years, KEY shows a quite strong growth in Revenue. The Revenue has been growing by 14.57% on average per year.
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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 23.28, the valuation of KEY can be described as rather expensive.
- KEY's Price/Earnings ratio is a bit cheaper when compared to the industry. KEY is cheaper than 61.61% of the companies in the same industry.
- When comparing the Price/Earnings ratio of KEY to the average of the S&P500 Index (27.54), we can say KEY is valued inline with the index average.
- The Price/Forward Earnings ratio is 15.46, which indicates a correct valuation of KEY.
- 62.56% of the companies in the same industry are more expensive than KEY, based on the Price/Forward Earnings ratio.
- KEY's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.28 | ||
| Fwd PE | 15.46 |
4.2 Price Multiples
- KEY's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, KEY is valued a bit cheaper than 64.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.59 | ||
| 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)24.21
EPS Next 2Y15.01%
EPS Next 3Y13.29%
5. Dividend
5.1 Amount
- KEY has a Yearly Dividend Yield of 5.19%, which is a nice return.
- KEY's Dividend Yield is a higher than the industry average which is at 2.71.
- KEY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
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 2Y15.01%
EPS Next 3Y13.29%
TSX:KEY (1/14/2026, 7:00:00 PM)
43.77
+0.65 (+1.51%)
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 Cap12.35B
Revenue(TTM)7.09B
Net Income(TTM)430.98M
Analysts77.5
Price Target53.2 (21.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
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)0.89%
PT rev (3m)2.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.15%
EPS NY rev (1m)-4.15%
EPS NY rev (3m)-11.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.79%
Revenue NY rev (1m)2.65%
Revenue NY rev (3m)3.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.28 | ||
| Fwd PE | 15.46 | ||
| P/S | 1.74 | ||
| P/FCF | 22.59 | ||
| P/OCF | 15.41 | ||
| P/B | 4.41 | ||
| 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)24.21
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
WACC7.13%
ROIC/WACC0.79
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 23.28 and the Price/Book (PB) ratio is 4.41.
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.