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NUVISTA ENERGY LTD (NVA.CA) Stock Fundamental Analysis

TSX:NVA - Toronto Stock Exchange - CA67072Q1046 - Common Stock - Currency: CAD

12.56  +0.11 (+0.88%)

Fundamental Rating

7

NVA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making NVA a very profitable company, without any liquidiy or solvency issues. NVA has a correct valuation and a medium growth rate. These ratings would make NVA suitable for quality investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

In the past year NVA was profitable.
In the past year NVA had a positive cash flow from operations.
In multiple years NVA reported negative net income over the last 5 years.
In the past 5 years NVA always reported a positive cash flow from operatings.
NVA.CA Yearly Net Income VS EBIT VS OCF VS FCFNVA.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M -500M

1.2 Ratios

NVA's Return On Assets of 10.49% is amongst the best of the industry. NVA outperforms 92.04% of its industry peers.
Looking at the Return On Equity, with a value of 15.53%, NVA belongs to the top of the industry, outperforming 84.08% of the companies in the same industry.
NVA has a Return On Invested Capital of 10.39%. This is amongst the best in the industry. NVA outperforms 89.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NVA is significantly above the industry average of 7.73%.
The last Return On Invested Capital (10.39%) for NVA is well below the 3 year average (18.89%), which needs to be investigated, but indicates that NVA had better years and this may not be a problem.
Industry RankSector Rank
ROA 10.49%
ROE 15.53%
ROIC 10.39%
ROA(3y)15.15%
ROA(5y)6.71%
ROE(3y)22.81%
ROE(5y)9.32%
ROIC(3y)18.89%
ROIC(5y)N/A
NVA.CA Yearly ROA, ROE, ROICNVA.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20

1.3 Margins

NVA has a better Profit Margin (28.29%) than 88.06% of its industry peers.
NVA's Profit Margin has improved in the last couple of years.
NVA has a Operating Margin of 33.64%. This is amongst the best in the industry. NVA outperforms 82.09% of its industry peers.
NVA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 71.60%, NVA belongs to the top of the industry, outperforming 86.07% of the companies in the same industry.
NVA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 33.64%
PM (TTM) 28.29%
GM 71.6%
OM growth 3YN/A
OM growth 5Y5.66%
PM growth 3YN/A
PM growth 5Y2.9%
GM growth 3Y10.22%
GM growth 5Y0.26%
NVA.CA Yearly Profit, Operating, Gross MarginsNVA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50

7

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NVA is creating value.
Compared to 1 year ago, NVA has less shares outstanding
NVA has less shares outstanding than it did 5 years ago.
NVA has a better debt/assets ratio than last year.
NVA.CA Yearly Shares OutstandingNVA.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M
NVA.CA Yearly Total Debt VS Total AssetsNVA.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

2.2 Solvency

NVA has an Altman-Z score of 2.66. This is not the best score and indicates that NVA is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of NVA (2.66) is better than 74.63% of its industry peers.
The Debt to FCF ratio of NVA is 2.49, which is a good value as it means it would take NVA, 2.49 years of fcf income to pay off all of its debts.
NVA has a better Debt to FCF ratio (2.49) than 83.08% of its industry peers.
NVA has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
NVA's Debt to Equity ratio of 0.15 is fine compared to the rest of the industry. NVA outperforms 63.68% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF 2.49
Altman-Z 2.66
ROIC/WACC1.37
WACC7.6%
NVA.CA Yearly LT Debt VS Equity VS FCFNVA.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M -500M 1B 1.5B 2B

2.3 Liquidity

NVA has a Current Ratio of 0.90. This is a bad value and indicates that NVA is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of NVA (0.90) is comparable to the rest of the industry.
A Quick Ratio of 0.86 indicates that NVA may have some problems paying its short term obligations.
NVA has a Quick ratio (0.86) which is in line with its industry peers.
NVA does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 0.9
Quick Ratio 0.86
NVA.CA Yearly Current Assets VS Current LiabilitesNVA.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M

5

3. Growth

3.1 Past

NVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 354.24%, which is quite impressive.
Measured over the past years, NVA shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.28% on average per year.
NVA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.26%.
Measured over the past years, NVA shows a very strong growth in Revenue. The Revenue has been growing by 33.45% on average per year.
EPS 1Y (TTM)354.24%
EPS 3YN/A
EPS 5Y38.28%
EPS Q2Q%-42%
Revenue 1Y (TTM)-13.26%
Revenue growth 3Y40.51%
Revenue growth 5Y33.45%
Sales Q2Q%-16.36%

3.2 Future

NVA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.28% yearly.
The Revenue is expected to grow by 0.91% on average over the next years.
EPS Next Y-35.69%
EPS Next 2Y-29.2%
EPS Next 3Y-12.46%
EPS Next 5Y-2.28%
Revenue Next Year-10.04%
Revenue Next 2Y-9.89%
Revenue Next 3Y-1.9%
Revenue Next 5Y0.91%

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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NVA.CA Yearly Revenue VS EstimatesNVA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
NVA.CA Yearly EPS VS EstimatesNVA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 -4

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 8.97, the valuation of NVA can be described as very reasonable.
Based on the Price/Earnings ratio, NVA is valued a bit cheaper than 69.15% of the companies in the same industry.
NVA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.12.
Based on the Price/Forward Earnings ratio of 9.35, the valuation of NVA can be described as reasonable.
60.20% of the companies in the same industry are more expensive than NVA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NVA to the average of the S&P500 Index (94.77), we can say NVA is valued rather cheaply.
Industry RankSector Rank
PE 8.97
Fwd PE 9.35
NVA.CA Price Earnings VS Forward Price EarningsNVA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

NVA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NVA is cheaper than 83.08% of the companies in the same industry.
61.69% of the companies in the same industry are more expensive than NVA, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 19.04
EV/EBITDA 4.11
NVA.CA Per share dataNVA.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The excellent profitability rating of NVA may justify a higher PE ratio.
NVA's earnings are expected to decrease with -12.46% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-29.2%
EPS Next 3Y-12.46%

0

5. Dividend

5.1 Amount

No dividends for NVA!.
Industry RankSector Rank
Dividend Yield N/A

NUVISTA ENERGY LTD

TSX:NVA (2/7/2025, 7:00:00 PM)

12.56

+0.11 (+0.88%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-08 2024-11-08/bmo
Earnings (Next)N/A N/A
Inst Owners30.09%
Inst Owner ChangeN/A
Ins Owners4.38%
Ins Owner ChangeN/A
Market Cap2.57B
Analysts77.33
Price Target17.97 (43.07%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.09%
Min EPS beat(2)-45.11%
Max EPS beat(2)24.94%
EPS beat(4)2
Avg EPS beat(4)-8.43%
Min EPS beat(4)-45.11%
Max EPS beat(4)24.94%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)4.78%
Min Revenue beat(2)-0.83%
Max Revenue beat(2)10.4%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.84%
PT rev (3m)6.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.84%
EPS NY rev (3m)5.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.16%
Revenue NY rev (3m)16.82%
Valuation
Industry RankSector Rank
PE 8.97
Fwd PE 9.35
P/S 2.1
P/FCF 19.04
P/OCF 3.74
P/B 1.15
P/tB 1.15
EV/EBITDA 4.11
EPS(TTM)1.4
EY11.15%
EPS(NY)1.34
Fwd EY10.7%
FCF(TTM)0.66
FCFY5.25%
OCF(TTM)3.36
OCFY26.71%
SpS5.99
BVpS10.91
TBVpS10.91
PEG (NY)N/A
PEG (5Y)0.23
Profitability
Industry RankSector Rank
ROA 10.49%
ROE 15.53%
ROCE 13.43%
ROIC 10.39%
ROICexc 10.39%
ROICexgc 10.39%
OM 33.64%
PM (TTM) 28.29%
GM 71.6%
FCFM 11.01%
ROA(3y)15.15%
ROA(5y)6.71%
ROE(3y)22.81%
ROE(5y)9.32%
ROIC(3y)18.89%
ROIC(5y)N/A
ROICexc(3y)19.03%
ROICexc(5y)N/A
ROICexgc(3y)19.03%
ROICexgc(5y)N/A
ROCE(3y)24.42%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y17.45%
ROICexc growth 3YN/A
ROICexc growth 5Y17.45%
OM growth 3YN/A
OM growth 5Y5.66%
PM growth 3YN/A
PM growth 5Y2.9%
GM growth 3Y10.22%
GM growth 5Y0.26%
F-Score5
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF 2.49
Debt/EBITDA 0.47
Cap/Depr 190.29%
Cap/Sales 44.99%
Interest Coverage 18.75
Cash Conversion 97.76%
Profit Quality 38.92%
Current Ratio 0.9
Quick Ratio 0.86
Altman-Z 2.66
F-Score5
WACC7.6%
ROIC/WACC1.37
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)35.84%
Cap/Sales(5y)41.91%
Profit Quality(3y)42.39%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)354.24%
EPS 3YN/A
EPS 5Y38.28%
EPS Q2Q%-42%
EPS Next Y-35.69%
EPS Next 2Y-29.2%
EPS Next 3Y-12.46%
EPS Next 5Y-2.28%
Revenue 1Y (TTM)-13.26%
Revenue growth 3Y40.51%
Revenue growth 5Y33.45%
Sales Q2Q%-16.36%
Revenue Next Year-10.04%
Revenue Next 2Y-9.89%
Revenue Next 3Y-1.9%
Revenue Next 5Y0.91%
EBIT growth 1Y-40.42%
EBIT growth 3YN/A
EBIT growth 5Y25.24%
EBIT Next Year72.36%
EBIT Next 3Y30.13%
EBIT Next 5Y24.88%
FCF growth 1Y-40.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.92%
OCF growth 3Y69.85%
OCF growth 5Y23.5%