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TAG OIL LTD (TAO.CA) Stock Fundamental Analysis

TSX-V:TAO - TSX Venture Exchange - CA87377N2005 - Common Stock - Currency: CAD

0.155  -0.01 (-3.12%)

Fundamental Rating

2

TAO gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While TAO seems to be doing ok healthwise, there are quite some concerns on its profitability. TAO has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

TAO had negative earnings in the past year.
In the past year TAO has reported a negative cash flow from operations.
TAO had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: TAO reported negative operating cash flow in multiple years.
TAO.CA Yearly Net Income VS EBIT VS OCF VS FCFTAO.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 2024 0 20M -20M -40M -60M -80M

1.2 Ratios

TAO's Return On Assets of -15.26% is on the low side compared to the rest of the industry. TAO is outperformed by 69.81% of its industry peers.
With a Return On Equity value of -16.59%, TAO is not doing good in the industry: 62.26% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -15.26%
ROE -16.59%
ROIC N/A
ROA(3y)-14.46%
ROA(5y)-17.57%
ROE(3y)-15.49%
ROE(5y)-18.43%
ROIC(3y)N/A
ROIC(5y)N/A
TAO.CA Yearly ROA, ROE, ROICTAO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60 -80 -100

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for TAO so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TAO.CA Yearly Profit, Operating, Gross MarginsTAO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

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4

2. Health

2.1 Basic Checks

TAO does not have a ROIC to compare to the WACC, probably because it is not profitable.
TAO has more shares outstanding than it did 1 year ago.
TAO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TAO has a worse debt to assets ratio.
TAO.CA Yearly Shares OutstandingTAO.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
TAO.CA Yearly Total Debt VS Total AssetsTAO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

2.2 Solvency

Based on the Altman-Z score of -1.26, we must say that TAO is in the distress zone and has some risk of bankruptcy.
TAO has a worse Altman-Z score (-1.26) than 74.53% of its industry peers.
TAO has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
TAO has a Debt to Equity ratio of 0.02. This is in the better half of the industry: TAO outperforms 78.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Altman-Z -1.26
ROIC/WACCN/A
WACC7.75%
TAO.CA Yearly LT Debt VS Equity VS FCFTAO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

TAO has a Current Ratio of 2.63. This indicates that TAO is financially healthy and has no problem in meeting its short term obligations.
TAO's Current ratio of 2.63 is amongst the best of the industry. TAO outperforms 83.49% of its industry peers.
A Quick Ratio of 2.63 indicates that TAO has no problem at all paying its short term obligations.
TAO's Quick ratio of 2.63 is amongst the best of the industry. TAO outperforms 84.91% of its industry peers.
Industry RankSector Rank
Current Ratio 2.63
Quick Ratio 2.63
TAO.CA Yearly Current Assets VS Current LiabilitesTAO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

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3

3. Growth

3.1 Past

The earnings per share for TAO have decreased by -2.57% in the last year.
Looking at the last year, TAO shows a very strong growth in Revenue. The Revenue has grown by 102.90%.
The Revenue for TAO have been decreasing by -51.81% on average. This is quite bad
EPS 1Y (TTM)-2.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-142.86%
Revenue 1Y (TTM)102.9%
Revenue growth 3YN/A
Revenue growth 5Y-51.81%
Sales Q2Q%N/A

3.2 Future

TAO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 100.00% yearly.
The Revenue is expected to decrease by -19.10% on average over the next years. This is quite bad
EPS Next Y116.67%
EPS Next 2Y100%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-83.91%
Revenue Next 2Y-19.1%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
TAO.CA Yearly Revenue VS EstimatesTAO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2023 2024 2025 2026 20M 40M 60M
TAO.CA Yearly EPS VS EstimatesTAO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2023 2024 2025 2026 0 0.1 -0.1 -0.2

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4

4. Valuation

4.1 Price/Earnings Ratio

TAO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 2.51, the valuation of TAO can be described as very cheap.
TAO's Price/Forward Earnings ratio is rather cheap when compared to the industry. TAO is cheaper than 95.75% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.27. TAO is valued rather cheaply when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 2.51
TAO.CA Price Earnings VS Forward Price EarningsTAO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TAO.CA Per share dataTAO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 -0.05 0.1 0.15 0.2

4.3 Compensation for Growth

TAO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TAO's earnings are expected to grow with 100.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y100%
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

TAO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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TAG OIL LTD

TSX-V:TAO (6/20/2025, 7:00:00 PM)

0.155

-0.01 (-3.12%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)04-30 2025-04-30/amc
Earnings (Next)N/A N/A
Inst Owners3.33%
Inst Owner ChangeN/A
Ins Owners22.05%
Ins Owner ChangeN/A
Market Cap35.03M
Analysts83.33
Price Target0.65 (319.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)-8.93%
PT rev (3m)-12.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-84.16%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 2.51
P/S 29.46
P/FCF N/A
P/OCF N/A
P/B 0.74
P/tB 0.74
EV/EBITDA N/A
EPS(TTM)-0.04
EYN/A
EPS(NY)0.06
Fwd EY39.87%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.01
BVpS0.21
TBVpS0.21
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -15.26%
ROE -16.59%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-14.46%
ROA(5y)-17.57%
ROE(3y)-15.49%
ROE(5y)-18.43%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 2775.94%
Cap/Sales 873.17%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.63
Quick Ratio 2.63
Altman-Z -1.26
F-Score4
WACC7.75%
ROIC/WACCN/A
Cap/Depr(3y)3215.96%
Cap/Depr(5y)2199.24%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-142.86%
EPS Next Y116.67%
EPS Next 2Y100%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)102.9%
Revenue growth 3YN/A
Revenue growth 5Y-51.81%
Sales Q2Q%N/A
Revenue Next Year-83.91%
Revenue Next 2Y-19.1%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-5.82%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year130.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.13%
OCF growth 3YN/A
OCF growth 5Y-32.47%