KEYERA CORP (KEY.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:KEY - CA4932711001 - Common Stock
43.94 CAD
+0.42 (+0.97%)
We assign a fundamental rating of 5 out of 10 to KEY. KEY was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of KEY get a neutral evaluation. Nothing too spectacular is happening here. KEY has a decent growth rate and is not valued too expensively.
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
KEY's Return On Assets of 4.99% is amongst the best of the industry. KEY outperforms 83.49% of its industry peers.
KEY has a better Return On Equity (18.76%) than 94.34% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.11%, KEY belongs to the top of the industry, outperforming 90.09% 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 in line with the industry average of 6.73%.
The last Return On Invested Capital (9.11%) for KEY is above the 3 year average (8.56%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 18.76% | ||
| 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
KEY has a Profit Margin of 7.30%. This is comparable to the rest of the industry: KEY outperforms 57.55% of its industry peers.
In the last couple of years the Profit Margin of KEY has declined.
KEY has a Operating Margin of 12.24%. This is comparable to the rest of the industry: KEY outperforms 55.66% of its industry peers.
In the last couple of years the Operating Margin of KEY has declined.
KEY has a Gross Margin (19.95%) which is in line with its industry peers.
In the last couple of years the Gross Margin of KEY has declined.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KEY is still 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 1.84. 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.
KEY has a better Altman-Z score (1.84) than 68.40% of its industry peers.
KEY has a debt to FCF ratio of 5.90. This is a neutral value as KEY would need 5.90 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.90, KEY is in the better half of the industry, outperforming 74.53% of the companies in the same industry.
A Debt/Equity ratio of 1.22 is on the high side and indicates that KEY has dependencies on debt financing.
KEY has a worse Debt to Equity ratio (1.22) than 62.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 1.84 |
ROIC/WACC1.23
WACC7.43%
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 62.26% 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.
The Quick ratio of KEY (0.92) is better than 63.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.92 |
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 small growth in Revenue. The Revenue has grown by 1.21% in the last year.
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)1.21%
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 9.49% on average per year.
The Revenue is expected to grow by 7.80% on average over the next years.
EPS Next Y5.65%
EPS Next 2Y15.64%
EPS Next 3Y13.04%
EPS Next 5Y9.49%
Revenue Next Year-4.37%
Revenue Next 2Y16.82%
Revenue Next 3Y15.01%
Revenue Next 5Y7.8%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.37, the valuation of KEY can be described as rather expensive.
Based on the Price/Earnings ratio, KEY is valued a bit cheaper than the industry average as 60.38% of the companies are valued more expensively.
KEY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 15.35, the valuation of KEY can be described as correct.
60.38% of the companies in the same industry are more expensive than KEY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, KEY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.37 | ||
| Fwd PE | 15.35 |
4.2 Price Multiples
KEY's Enterprise Value to EBITDA ratio is in line with the industry average.
63.68% of the companies in the same industry are more expensive than KEY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.02 | ||
| EV/EBITDA | 12.96 |
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 13.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.14
PEG (5Y)24.3
EPS Next 2Y15.64%
EPS Next 3Y13.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.96%, KEY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.74, KEY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, KEY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
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 89.83% 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.
DP89.83%
EPS Next 2Y15.64%
EPS Next 3Y13.04%
TSX:KEY (11/21/2025, 7:00:00 PM)
43.94
+0.42 (+0.97%)
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 Cap12.40B
Revenue(TTM)7.14B
Net Income(TTM)530.76M
Analysts77.65
Price Target52.65 (19.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
Yearly Dividend2.04
Dividend Growth(5Y)2.11%
DP89.83%
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)-12.08%
EPS beat(12)6
Avg EPS beat(12)-17.08%
EPS beat(16)8
Avg EPS beat(16)-12.42%
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)1.05%
PT rev (3m)1.05%
EPS NQ rev (1m)-2.43%
EPS NQ rev (3m)-4.83%
EPS NY rev (1m)0.08%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.37 | ||
| Fwd PE | 15.35 | ||
| P/S | 1.71 | ||
| P/FCF | 19.02 | ||
| P/OCF | 13.69 | ||
| P/B | 4.38 | ||
| P/tB | 4.5 | ||
| EV/EBITDA | 12.96 |
EPS(TTM)1.88
EY4.28%
EPS(NY)2.86
Fwd EY6.51%
FCF(TTM)2.31
FCFY5.26%
OCF(TTM)3.21
OCFY7.31%
SpS25.76
BVpS10.03
TBVpS9.77
PEG (NY)4.14
PEG (5Y)24.3
Graham Number20.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.99% | ||
| ROE | 18.76% | ||
| ROCE | 11.82% | ||
| ROIC | 9.11% | ||
| ROICexc | 9.17% | ||
| ROICexgc | 9.25% | ||
| 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%
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-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 5.9 | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 70.55% | ||
| Cap/Sales | 3.5% | ||
| Interest Coverage | 4.56 | ||
| Cash Conversion | 72.48% | ||
| Profit Quality | 122.8% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.84 |
F-Score6
WACC7.43%
ROIC/WACC1.23
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 5Y9.49%
Revenue 1Y (TTM)1.21%
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 5Y7.8%
EBIT growth 1Y2.83%
EBIT growth 3Y7.79%
EBIT growth 5Y6.8%
EBIT Next Year31.74%
EBIT Next 3Y28.62%
EBIT Next 5Y18.86%
FCF growth 1Y214.93%
FCF growth 3Y134.72%
FCF growth 5YN/A
OCF growth 1Y10.91%
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.
Can you provide the valuation status for KEYERA CORP?
ChartMill assigns a valuation rating of 5 / 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 6 / 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 89.83%.