TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
Overall TOU gets a fundamental rating of 7 out of 10. We evaluated TOU against 208 industry peers in the Oil, Gas & Consumable Fuels industry. TOU has an excellent profitability rating, but there are some minor concerns on its financial health. TOU has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make TOU suitable for value and growth investing!
1. Profitability
1.1 Basic Checks
In the past year TOU was profitable.
TOU had a positive operating cash flow in the past year.
In the past 5 years TOU has always been profitable.
In the past 5 years TOU always reported a positive cash flow from operatings.
1.2 Ratios
TOU has a better Return On Assets (6.38%) than 86.54% of its industry peers.
TOU has a Return On Equity of 9.04%. This is in the better half of the industry: TOU outperforms 63.94% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.40%, TOU is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TOU is significantly above the industry average of 7.11%.
The last Return On Invested Capital (6.40%) for TOU is well below the 3 year average (13.45%), which needs to be investigated, but indicates that TOU had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 9.04% | ||
| ROIC | 6.4% |
ROA(3y)12.68%
ROA(5y)11.23%
ROE(3y)17.77%
ROE(5y)15.56%
ROIC(3y)13.45%
ROIC(5y)10.36%
1.3 Margins
TOU has a Profit Margin of 24.76%. This is amongst the best in the industry. TOU outperforms 85.58% of its industry peers.
In the last couple of years the Profit Margin of TOU has grown nicely.
TOU's Operating Margin of 30.24% is amongst the best of the industry. TOU outperforms 82.21% of its industry peers.
TOU's Operating Margin has improved in the last couple of years.
The Gross Margin of TOU (98.52%) is better than 100.00% of its industry peers.
In the last couple of years the Gross Margin of TOU has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.24% | ||
| PM (TTM) | 24.76% | ||
| GM | 98.52% |
OM growth 3Y-13.4%
OM growth 5Y8.65%
PM growth 3Y-20.73%
PM growth 5Y8.86%
GM growth 3Y-0.05%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TOU is still creating some value.
TOU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TOU has more shares outstanding
Compared to 1 year ago, TOU has a worse debt to assets ratio.
2.2 Solvency
TOU has an Altman-Z score of 2.74. This is not the best score and indicates that TOU is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.74, TOU is doing good in the industry, outperforming 78.85% of the companies in the same industry.
TOU has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as TOU would need 2.95 years to pay back of all of its debts.
TOU has a better Debt to FCF ratio (2.95) than 82.69% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that TOU is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, TOU is in the better half of the industry, outperforming 71.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.8
WACC7.97%
2.3 Liquidity
A Current Ratio of 0.72 indicates that TOU may have some problems paying its short term obligations.
TOU has a Current ratio of 0.72. This is comparable to the rest of the industry: TOU outperforms 41.35% of its industry peers.
A Quick Ratio of 0.72 indicates that TOU may have some problems paying its short term obligations.
The Quick ratio of TOU (0.72) is comparable to the rest of the industry.
The current and quick ratio evaluation for TOU is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
TOU shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.44%.
Measured over the past years, TOU shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.29% on average per year.
Looking at the last year, TOU shows a quite strong growth in Revenue. The Revenue has grown by 8.59% in the last year.
Measured over the past years, TOU shows a very strong growth in Revenue. The Revenue has been growing by 20.93% on average per year.
EPS 1Y (TTM)-5.44%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%87.5%
Revenue 1Y (TTM)8.59%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%6.88%
3.2 Future
Based on estimates for the next years, TOU will show a very strong growth in Earnings Per Share. The EPS will grow by 30.49% on average per year.
Based on estimates for the next years, TOU will show a quite strong growth in Revenue. The Revenue will grow by 12.78% on average per year.
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue Next Year26.55%
Revenue Next 2Y19.63%
Revenue Next 3Y12.78%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.35 indicates a correct valuation of TOU.
Based on the Price/Earnings ratio, TOU is valued a bit cheaper than 62.02% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.76. TOU is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 8.71 indicates a reasonable valuation of TOU.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 65.38% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TOU to the average of the S&P500 Index (34.91), we can say TOU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.35 | ||
| Fwd PE | 8.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 76.92% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as TOU.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.97 | ||
| EV/EBITDA | 6.76 |
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.
The excellent profitability rating of TOU may justify a higher PE ratio.
A more expensive valuation may be justified as TOU's earnings are expected to grow with 25.44% in the coming years.
PEG (NY)0.2
PEG (5Y)0.59
EPS Next 2Y37.21%
EPS Next 3Y25.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.48%, TOU has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.34, TOU pays a bit more dividend than its industry peers.
TOU's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
5.2 History
On average, the dividend of TOU grows each year by 48.01%, which is quite nice.
TOU has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)48.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TOU pays out 84.49% of its income as dividend. This is not a sustainable payout ratio.
TOU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP84.49%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
TSX:TOU (8/21/2025, 7:00:00 PM)
57.39
+0.38 (+0.67%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.44%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap22.20B
Analysts79.17
Price Target77.28 (34.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
Yearly Dividend3.27
Dividend Growth(5Y)48.01%
DP84.49%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.22%
Min EPS beat(2)-61.32%
Max EPS beat(2)46.89%
EPS beat(4)3
Avg EPS beat(4)0.36%
Min EPS beat(4)-61.32%
Max EPS beat(4)46.89%
EPS beat(8)4
Avg EPS beat(8)-8.36%
EPS beat(12)6
Avg EPS beat(12)1.52%
EPS beat(16)9
Avg EPS beat(16)4.59%
Revenue beat(2)0
Avg Revenue beat(2)-25.92%
Min Revenue beat(2)-32.01%
Max Revenue beat(2)-19.82%
Revenue beat(4)0
Avg Revenue beat(4)-30.59%
Min Revenue beat(4)-40%
Max Revenue beat(4)-19.82%
Revenue beat(8)2
Avg Revenue beat(8)-7.67%
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)-0.84%
PT rev (3m)-1.21%
EPS NQ rev (1m)-37.51%
EPS NQ rev (3m)-39.36%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-11.87%
Revenue NQ rev (3m)-10.4%
Revenue NY rev (1m)-5.44%
Revenue NY rev (3m)-5.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.35 | ||
| Fwd PE | 8.71 | ||
| P/S | 3.69 | ||
| P/FCF | 40.97 | ||
| P/OCF | 6.88 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 6.76 |
EPS(TTM)4
EY6.97%
EPS(NY)6.59
Fwd EY11.48%
FCF(TTM)1.4
FCFY2.44%
OCF(TTM)8.34
OCFY14.53%
SpS15.56
BVpS42.61
TBVpS42.61
PEG (NY)0.2
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 9.04% | ||
| ROCE | 8.33% | ||
| ROIC | 6.4% | ||
| ROICexc | 6.4% | ||
| ROICexgc | 6.4% | ||
| OM | 30.24% | ||
| PM (TTM) | 24.76% | ||
| GM | 98.52% | ||
| FCFM | 9% |
ROA(3y)12.68%
ROA(5y)11.23%
ROE(3y)17.77%
ROE(5y)15.56%
ROIC(3y)13.45%
ROIC(5y)10.36%
ROICexc(3y)13.45%
ROICexc(5y)10.36%
ROICexgc(3y)13.45%
ROICexgc(5y)10.36%
ROCE(3y)17.25%
ROCE(5y)13.29%
ROICexcg growth 3Y-17.72%
ROICexcg growth 5Y15.13%
ROICexc growth 3Y-17.72%
ROICexc growth 5Y15.13%
OM growth 3Y-13.4%
OM growth 5Y8.65%
PM growth 3Y-20.73%
PM growth 5Y8.86%
GM growth 3Y-0.05%
GM growth 5Y0.07%
F-Score4
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.95 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 164.29% | ||
| Cap/Sales | 44.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.42% | ||
| Profit Quality | 36.37% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 2.74 |
F-Score4
WACC7.97%
ROIC/WACC0.8
Cap/Depr(3y)156.64%
Cap/Depr(5y)159.87%
Cap/Sales(3y)33.91%
Cap/Sales(5y)39.63%
Profit Quality(3y)77.43%
Profit Quality(5y)56.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.44%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%87.5%
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue 1Y (TTM)8.59%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%6.88%
Revenue Next Year26.55%
Revenue Next 2Y19.63%
Revenue Next 3Y12.78%
Revenue Next 5YN/A
EBIT growth 1Y-3.08%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year175.94%
EBIT Next 3Y46.8%
EBIT Next 5YN/A
FCF growth 1Y-81.11%
FCF growth 3Y-18.34%
FCF growth 5YN/A
OCF growth 1Y-31.9%
OCF growth 3Y-1.39%
OCF growth 5Y18.37%