KEYERA CORP (KEY.CA) Stock Fundamental Analysis
TSX:KEY - CA4932711001 - Common Stock
44.25 CAD
-0.1 (-0.23%)
KEY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 211 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KEY was profitable.
KEY had a positive operating cash flow in the past year.
In the past 5 years KEY has always been profitable.
In the past 5 years KEY always reported a positive cash flow from operatings.
1.2 Ratios
KEY has a better Return On Assets (4.99%) than 82.94% of its industry peers.
KEY has a better Return On Equity (18.75%) than 91.94% of its industry peers.
The Return On Invested Capital of KEY (9.11%) is better than 89.10% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KEY is in line with the industry average of 6.94%.
The 3 year average ROIC (8.56%) for KEY is below the current ROIC(9.11%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 18.75% | ||
| ROIC | 9.11% |
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
Looking at the Profit Margin, with a value of 7.30%, KEY is in line with its industry, outperforming 56.87% of the companies in the same industry.
In the last couple of years the Profit Margin of KEY has declined.
With a Operating Margin value of 12.24%, KEY perfoms like the industry average, outperforming 55.45% of the companies in the same industry.
In the last couple of years the Operating Margin of KEY has declined.
Looking at the Gross Margin, with a value of 19.95%, KEY is in line with its industry, outperforming 46.45% of the companies in the same industry.
KEY's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.24% | ||
| PM (TTM) | 7.3% | ||
| GM | 19.95% |
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.
The number of shares outstanding for KEY remains at a similar level compared to 1 year ago.
KEY has more shares outstanding than it did 5 years ago.
KEY has a better debt/assets ratio than last year.
2.2 Solvency
KEY has an Altman-Z score of 1.85. This is not the best score and indicates that KEY is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of KEY (1.85) is better than 68.72% of its industry peers.
The Debt to FCF ratio of KEY is 5.89, which is a neutral value as it means it would take KEY, 5.89 years of fcf income to pay off all of its debts.
KEY's Debt to FCF ratio of 5.89 is fine compared to the rest of the industry. KEY outperforms 73.46% of its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that KEY has dependencies on debt financing.
KEY's Debt to Equity ratio of 1.22 is on the low side compared to the rest of the industry. KEY is outperformed by 63.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 1.85 |
ROIC/WACC1.11
WACC8.24%
2.3 Liquidity
A Current Ratio of 1.00 indicates that KEY may have some problems paying its short term obligations.
KEY has a Current ratio of 1.00. This is in the better half of the industry: KEY outperforms 62.56% of its industry peers.
KEY has a Quick Ratio of 1.00. This is a bad value and indicates that KEY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.92, KEY is in the better half of the industry, outperforming 63.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 56.38% over the past year.
The Earnings Per Share has been growing slightly by 0.96% on average over the past years.
KEY shows a small growth in Revenue. In the last year, the Revenue has grown by 3.81%.
KEY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.57% yearly.
EPS 1Y (TTM)56.38%
EPS 3Y15.19%
EPS 5Y0.96%
EPS Q2Q%-11.29%
Revenue 1Y (TTM)3.81%
Revenue growth 3Y12.72%
Revenue growth 5Y14.57%
Sales Q2Q%-6.33%
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 9.07% yearly.
KEY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.39% yearly.
EPS Next Y2.27%
EPS Next 2Y13.01%
EPS Next 3Y11.98%
EPS Next 5Y9.07%
Revenue Next Year-7.48%
Revenue Next 2Y15.96%
Revenue Next 3Y12.71%
Revenue Next 5Y7.39%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.99, which indicates a rather expensive current valuation of KEY.
Compared to the rest of the industry, the Price/Earnings ratio of KEY is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.08. KEY is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 16.19 indicates a correct valuation of KEY.
KEY's Price/Forward Earnings is on the same level as the industry average.
KEY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 16.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KEY.
Based on the Price/Free Cash Flow ratio, KEY is valued a bit cheaper than the industry average as 60.66% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.13 | ||
| EV/EBITDA | 13.04 |
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.
The decent profitability rating of KEY may justify a higher PE ratio.
PEG (NY)8.35
PEG (5Y)19.75
EPS Next 2Y13.01%
EPS Next 3Y11.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.75%, KEY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.24, KEY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, KEY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
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 89.87% of its income as dividend. This is not a sustainable payout ratio.
KEY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP89.87%
EPS Next 2Y13.01%
EPS Next 3Y11.98%
TSX:KEY (8/29/2025, 7:00:00 PM)
44.25
-0.1 (-0.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners46.06%
Inst Owner ChangeN/A
Ins Owners0.41%
Ins Owner ChangeN/A
Market Cap12.48B
Analysts77.65
Price Target52.1 (17.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.75% |
Yearly Dividend2.04
Dividend Growth(5Y)2.11%
DP89.87%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.21%
Min EPS beat(2)8.8%
Max EPS beat(2)37.63%
EPS beat(4)2
Avg EPS beat(4)4.86%
Min EPS beat(4)-21.64%
Max EPS beat(4)37.63%
EPS beat(8)3
Avg EPS beat(8)-12.2%
EPS beat(12)6
Avg EPS beat(12)-17.16%
EPS beat(16)8
Avg EPS beat(16)-12.48%
Revenue beat(2)0
Avg Revenue beat(2)-2.98%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-2.15%
Revenue beat(4)1
Avg Revenue beat(4)-4.74%
Min Revenue beat(4)-27.91%
Max Revenue beat(4)14.91%
Revenue beat(8)3
Avg Revenue beat(8)0.92%
Revenue beat(12)5
Avg Revenue beat(12)-0.19%
Revenue beat(16)9
Avg Revenue beat(16)11.15%
PT rev (1m)1.37%
PT rev (3m)10.27%
EPS NQ rev (1m)-1.9%
EPS NQ rev (3m)0.18%
EPS NY rev (1m)-0.72%
EPS NY rev (3m)-0.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)16.83%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 16.19 | ||
| P/S | 1.72 | ||
| P/FCF | 19.13 | ||
| P/OCF | 13.77 | ||
| P/B | 4.41 | ||
| P/tB | 4.53 | ||
| EV/EBITDA | 13.04 |
EPS(TTM)2.33
EY5.27%
EPS(NY)2.73
Fwd EY6.18%
FCF(TTM)2.31
FCFY5.23%
OCF(TTM)3.21
OCFY7.26%
SpS25.78
BVpS10.03
TBVpS9.78
PEG (NY)8.35
PEG (5Y)19.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 18.75% | ||
| ROCE | 11.82% | ||
| ROIC | 9.11% | ||
| ROICexc | 9.17% | ||
| ROICexgc | 9.26% | ||
| OM | 12.24% | ||
| PM (TTM) | 7.3% | ||
| GM | 19.95% | ||
| FCFM | 8.97% |
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%
ROICexcg growth 3Y6.46%
ROICexcg 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-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 5.89 | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 70.39% | ||
| Cap/Sales | 3.49% | ||
| Interest Coverage | 4.55 | ||
| Cash Conversion | 72.45% | ||
| Profit Quality | 122.99% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.85 |
F-Score6
WACC8.24%
ROIC/WACC1.11
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)56.38%
EPS 3Y15.19%
EPS 5Y0.96%
EPS Q2Q%-11.29%
EPS Next Y2.27%
EPS Next 2Y13.01%
EPS Next 3Y11.98%
EPS Next 5Y9.07%
Revenue 1Y (TTM)3.81%
Revenue growth 3Y12.72%
Revenue growth 5Y14.57%
Sales Q2Q%-6.33%
Revenue Next Year-7.48%
Revenue Next 2Y15.96%
Revenue Next 3Y12.71%
Revenue Next 5Y7.39%
EBIT growth 1Y2.82%
EBIT growth 3Y7.79%
EBIT growth 5Y6.8%
EBIT Next Year33.17%
EBIT Next 3Y14.31%
EBIT Next 5Y18.4%
FCF growth 1Y215.19%
FCF growth 3Y134.72%
FCF growth 5YN/A
OCF growth 1Y10.92%
OCF growth 3Y29.43%
OCF growth 5Y7.35%