OBSIDIAN ENERGY LTD (OBE.CA) Fundamental Analysis & Valuation
TSX:OBE • CA6744822033
11.68 CAD
-0.02 (-0.17%)
Last: Mar 13, 2026, 07:00 PM
This OBE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, OBE scores 3 out of 10 in our fundamental rating. OBE was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of OBE while its profitability can be described as average. OBE is valued expensive and it does not seem to be growing.
1. OBE.CA Profitability Analysis
1.1 Basic Checks
- In the past year OBE has reported negative net income.
- OBE had a positive operating cash flow in the past year.
- Of the past 5 years OBE 4 years were profitable.
- In the past 5 years OBE always reported a positive cash flow from operatings.
1.2 Ratios
- OBE's Return On Assets of -13.16% is on the low side compared to the rest of the industry. OBE is outperformed by 60.38% of its industry peers.
- With a Return On Equity value of -16.91%, OBE perfoms like the industry average, outperforming 43.87% of the companies in the same industry.
- OBE has a Return On Invested Capital of 6.33%. This is amongst the best in the industry. OBE outperforms 84.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.16% | ||
| ROE | -16.91% | ||
| ROIC | 6.33% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- OBE's Profit Margin has declined in the last couple of years.
- OBE has a better Operating Margin (21.48%) than 77.83% of its industry peers.
- In the last couple of years the Operating Margin of OBE has grown nicely.
- Looking at the Gross Margin, with a value of 68.85%, OBE belongs to the top of the industry, outperforming 85.38% of the companies in the same industry.
- OBE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.48% | ||
| PM (TTM) | N/A | ||
| GM | 68.85% |
OM growth 3Y-25.89%
OM growth 5Y32.4%
PM growth 3Y-60.94%
PM growth 5YN/A
GM growth 3Y-4.7%
GM growth 5Y2.62%
2. OBE.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OBE is destroying value.
- There is no outstanding debt for OBE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- OBE has an Altman-Z score of 1.21. This is a bad value and indicates that OBE is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of OBE (1.21) is better than 63.21% of its industry peers.
- OBE has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
- OBE's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. OBE outperforms 70.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.21 |
ROIC/WACC0.76
WACC8.32%
2.3 Liquidity
- A Current Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
- With a Current ratio value of 0.52, OBE is not doing good in the industry: 70.28% of the companies in the same industry are doing better.
- A Quick Ratio of 0.52 indicates that OBE may have some problems paying its short term obligations.
- OBE's Quick ratio of 0.52 is on the low side compared to the rest of the industry. OBE is outperformed by 63.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 |
3. OBE.CA Growth Analysis
3.1 Past
- The earnings per share for OBE have decreased strongly by -310.93% in the last year.
- The Revenue for OBE has decreased by -23.29% in the past year. This is quite bad
- The Revenue has been growing by 13.38% on average over the past years. This is quite good.
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95.22%
Revenue 1Y (TTM)-23.29%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-44.2%
3.2 Future
- OBE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.31% yearly.
- The Revenue is expected to decrease by -10.00% on average over the next years.
EPS Next Y131.01%
EPS Next 2Y44.84%
EPS Next 3Y34.31%
EPS Next 5YN/A
Revenue Next Year-23.95%
Revenue Next 2Y-22.12%
Revenue Next 3Y-10%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. OBE.CA Valuation Analysis
4.1 Price/Earnings Ratio
- OBE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- The Price/Forward Earnings ratio is 43.64, which means the current valuation is very expensive for OBE.
- OBE's Price/Forward Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, OBE is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 43.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OBE indicates a rather cheap valuation: OBE is cheaper than 97.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.77 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- OBE's earnings are expected to grow with 34.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y44.84%
EPS Next 3Y34.31%
5. OBE.CA Dividend Analysis
5.1 Amount
- No dividends for OBE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OBE.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:OBE (3/13/2026, 7:00:00 PM)
11.68
-0.02 (-0.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-19 2026-02-19/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners31.12%
Inst Owner ChangeN/A
Ins Owners7.31%
Ins Owner ChangeN/A
Market Cap786.18M
Revenue(TTM)567.50M
Net Income(TTM)-237.30M
Analysts74.29
Price Target10.88 (-6.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)10.34%
PT rev (3m)8.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)47.22%
EPS NY rev (3m)430%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-12.43%
Revenue NY rev (3m)-12.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 43.64 | ||
| P/S | 1.22 | ||
| P/FCF | N/A | ||
| P/OCF | 2.52 | ||
| P/B | 0.56 | ||
| P/tB | 0.56 | ||
| EV/EBITDA | 2.77 |
EPS(TTM)-2.74
EYN/A
EPS(NY)0.27
Fwd EY2.29%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)4.64
OCFY39.72%
SpS9.54
BVpS20.84
TBVpS20.84
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.16% | ||
| ROE | -16.91% | ||
| ROCE | 8.45% | ||
| ROIC | 6.33% | ||
| ROICexc | 6.33% | ||
| ROICexgc | 6.33% | ||
| OM | 21.48% | ||
| PM (TTM) | N/A | ||
| GM | 68.85% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-25.89%
OM growth 5Y32.4%
PM growth 3Y-60.94%
PM growth 5YN/A
GM growth 3Y-4.7%
GM growth 5Y2.62%
F-Score5
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 158.64% | ||
| Cap/Sales | 49.32% | ||
| Interest Coverage | 5.13 | ||
| Cash Conversion | 92.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 1.21 |
F-Score5
WACC8.32%
ROIC/WACC0.76
Cap/Depr(3y)159.25%
Cap/Depr(5y)N/A
Cap/Sales(3y)51.58%
Cap/Sales(5y)45.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-310.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%95.22%
EPS Next Y131.01%
EPS Next 2Y44.84%
EPS Next 3Y34.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.29%
Revenue growth 3Y17.6%
Revenue growth 5Y13.38%
Sales Q2Q%-44.2%
Revenue Next Year-23.95%
Revenue Next 2Y-22.12%
Revenue Next 3Y-10%
Revenue Next 5YN/A
EBIT growth 1Y-21.1%
EBIT growth 3Y-33.3%
EBIT growth 5Y52.38%
EBIT Next Year20.5%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y94.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.34%
OCF growth 3Y-19.33%
OCF growth 5Y24.74%
OBSIDIAN ENERGY LTD / OBE.CA FAQ
Can you provide the ChartMill fundamental rating for OBSIDIAN ENERGY LTD?
ChartMill assigns a fundamental rating of 3 / 10 to OBE.CA.
What is the valuation status for OBE stock?
ChartMill assigns a valuation rating of 3 / 10 to OBSIDIAN ENERGY LTD (OBE.CA). This can be considered as Overvalued.
Can you provide the profitability details for OBSIDIAN ENERGY LTD?
OBSIDIAN ENERGY LTD (OBE.CA) has a profitability rating of 5 / 10.
What is the earnings growth outlook for OBSIDIAN ENERGY LTD?
The Earnings per Share (EPS) of OBSIDIAN ENERGY LTD (OBE.CA) is expected to grow by 131.01% in the next year.
How sustainable is the dividend of OBSIDIAN ENERGY LTD (OBE.CA) stock?
The dividend rating of OBSIDIAN ENERGY LTD (OBE.CA) is 0 / 10 and the dividend payout ratio is 0%.