TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
TOU gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. TOU scores excellent on profitability, but there are some minor concerns on its financial health. TOU is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, TOU could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
TOU had positive earnings in the past year.
In the past year TOU had a positive cash flow from operations.
Each year in the past 5 years TOU has been profitable.
Each year in the past 5 years TOU had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 5.50%, TOU belongs to the best of the industry, outperforming 83.81% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.95%, TOU is in the better half of the industry, outperforming 60.95% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.44%, TOU is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
TOU had an Average Return On Invested Capital over the past 3 years of 13.45%. This is significantly above the industry average of 7.31%.
The last Return On Invested Capital (5.44%) 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 | 5.5% | ||
| ROE | 7.95% | ||
| ROIC | 5.44% |
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 better Profit Margin (22.39%) than 84.29% of its industry peers.
In the last couple of years the Profit Margin of TOU has grown nicely.
With a decent Operating Margin value of 26.25%, TOU is doing good in the industry, outperforming 76.67% of the companies in the same industry.
TOU's Operating Margin has improved in the last couple of years.
TOU has a Gross Margin of 98.63%. This is amongst the best in the industry. TOU outperforms 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 | 26.25% | ||
| PM (TTM) | 22.39% | ||
| GM | 98.63% |
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
TOU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for TOU has been increased compared to 1 year ago.
TOU has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TOU is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.86 indicates that TOU is not a great score, but indicates only limited risk for bankruptcy at the moment.
TOU has a Altman-Z score of 2.86. This is in the better half of the industry: TOU outperforms 78.57% of its industry peers.
The Debt to FCF ratio of TOU is 1.87, which is an excellent value as it means it would take TOU, only 1.87 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TOU (1.87) is better than 85.24% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that TOU is not too dependend on debt financing.
TOU's Debt to Equity ratio of 0.08 is fine compared to the rest of the industry. TOU outperforms 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 2.86 |
ROIC/WACC0.66
WACC8.24%
2.3 Liquidity
A Current Ratio of 0.67 indicates that TOU may have some problems paying its short term obligations.
The Current ratio of TOU (0.67) is worse than 65.24% of its industry peers.
TOU has a Quick Ratio of 0.67. This is a bad value and indicates that TOU is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.67, TOU is in line with its industry, outperforming 53.81% of the companies in the same 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 | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
The earnings per share for TOU have decreased strongly by -32.60% in the last year.
TOU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.29% yearly.
Looking at the last year, TOU shows a decrease in Revenue. The Revenue has decreased by -2.60% in the last year.
The Revenue has been growing by 20.93% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-32.6%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-18.84%
Revenue 1Y (TTM)-2.6%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%10.05%
3.2 Future
The Earnings Per Share is expected to grow by 30.49% on average over the next years. This is a very strong growth
Based on estimates for the next years, TOU will show a quite strong growth in Revenue. The Revenue will grow by 12.09% on average per year.
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue Next Year33.82%
Revenue Next 2Y19.58%
Revenue Next 3Y12.09%
Revenue Next 5YN/A
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 accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.67 indicates a rather expensive valuation of TOU.
Compared to the rest of the industry, the Price/Earnings ratio of TOU is on the same level as its industry peers.
TOU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.61.
With a Price/Forward Earnings ratio of 9.55, the valuation of TOU can be described as very reasonable.
Based on the Price/Forward Earnings ratio, TOU is valued a bit cheaper than 63.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.13, TOU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.67 | ||
| Fwd PE | 9.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TOU is valued a bit cheaper than 68.57% of the companies in the same industry.
TOU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.22 | ||
| EV/EBITDA | 8.42 |
4.3 Compensation for Growth
TOU's 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)0.26
PEG (5Y)0.77
EPS Next 2Y37.21%
EPS Next 3Y25.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.23%, TOU has a reasonable but not impressive dividend return.
TOU's Dividend Yield is a higher than the industry average which is at 6.32.
TOU's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
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 99.26% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TOU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP99.26%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
TSX:TOU (7/30/2025, 7:00:00 PM)
62.93
+0.13 (+0.21%)
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 Cap24.34B
Analysts80.83
Price Target78.34 (24.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Yearly Dividend3.27
Dividend Growth(5Y)48.01%
DP99.26%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.43%
Min EPS beat(2)-61.32%
Max EPS beat(2)0.46%
EPS beat(4)2
Avg EPS beat(4)-16.24%
Min EPS beat(4)-61.32%
Max EPS beat(4)15.43%
EPS beat(8)4
Avg EPS beat(8)-9.85%
EPS beat(12)6
Avg EPS beat(12)-1.92%
EPS beat(16)9
Avg EPS beat(16)9.24%
Revenue beat(2)0
Avg Revenue beat(2)-25.18%
Min Revenue beat(2)-30.54%
Max Revenue beat(2)-19.82%
Revenue beat(4)0
Avg Revenue beat(4)-28.72%
Min Revenue beat(4)-40%
Max Revenue beat(4)-19.82%
Revenue beat(8)2
Avg Revenue beat(8)-5.51%
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)0.52%
PT rev (3m)-0.36%
EPS NQ rev (1m)-22.27%
EPS NQ rev (3m)-37.36%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-6.23%
Revenue NQ rev (3m)-5.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.67 | ||
| Fwd PE | 9.55 | ||
| P/S | 4.42 | ||
| P/FCF | 37.22 | ||
| P/OCF | 7.66 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 8.42 |
EPS(TTM)3.37
EY5.36%
EPS(NY)6.59
Fwd EY10.47%
FCF(TTM)1.69
FCFY2.69%
OCF(TTM)8.21
OCFY13.05%
SpS14.23
BVpS40.05
TBVpS40.05
PEG (NY)0.26
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 7.95% | ||
| ROCE | 6.98% | ||
| ROIC | 5.44% | ||
| ROICexc | 5.44% | ||
| ROICexgc | 5.44% | ||
| OM | 26.25% | ||
| PM (TTM) | 22.39% | ||
| GM | 98.63% | ||
| FCFM | 11.89% |
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 Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.87 | ||
| Debt/EBITDA | 0.4 | ||
| Cap/Depr | 159.01% | ||
| Cap/Sales | 45.86% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.82% | ||
| Profit Quality | 53.09% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 2.86 |
F-Score4
WACC8.24%
ROIC/WACC0.66
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)-32.6%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-18.84%
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue 1Y (TTM)-2.6%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%10.05%
Revenue Next Year33.82%
Revenue Next 2Y19.58%
Revenue Next 3Y12.09%
Revenue Next 5YN/A
EBIT growth 1Y-32.2%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year175.94%
EBIT Next 3Y46.8%
EBIT Next 5YN/A
FCF growth 1Y-78.54%
FCF growth 3Y-18.34%
FCF growth 5YN/A
OCF growth 1Y-37.91%
OCF growth 3Y-1.39%
OCF growth 5Y18.37%