TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
TSX:TOU - CA89156V1067 - Common Stock
58.48 CAD
+0.63 (+1.09%)
Overall TOU gets a fundamental rating of 7 out of 10. We evaluated TOU against 218 industry peers in the Oil, Gas & Consumable Fuels industry. While TOU has a great profitability rating, there are some minor concerns on its financial health. TOU is not overvalued while it is showing excellent growth. This is an interesting combination. This makes TOU very considerable for 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.
TOU had positive earnings in each of the past 5 years.
In the past 5 years TOU always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TOU (6.38%) is better than 88.07% of its industry peers.
With a decent Return On Equity value of 9.04%, TOU is doing good in the industry, outperforming 65.60% of the companies in the same industry.
TOU has a better Return On Invested Capital (6.40%) than 78.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TOU is significantly above the industry average of 6.94%.
The 3 year average ROIC (13.45%) for TOU is well above the current ROIC(6.40%). The reason for the recent decline needs to be investigated.
| 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's Profit Margin of 24.76% is amongst the best of the industry. TOU outperforms 85.78% of its industry peers.
In the last couple of years the Profit Margin of TOU has grown nicely.
The Operating Margin of TOU (30.24%) is better than 82.57% of its industry peers.
TOU's Operating Margin has improved in the last couple of years.
TOU has a Gross Margin of 98.52%. This is amongst the best in the industry. TOU outperforms 100.00% of its industry peers.
TOU's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, TOU has more shares outstanding
Compared to 5 years ago, TOU has more shares outstanding
The debt/assets ratio for TOU is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.79 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 2.79. This is in the better half of the industry: TOU outperforms 77.98% of its industry peers.
The Debt to FCF ratio of TOU is 2.95, which is a good value as it means it would take TOU, 2.95 years of fcf income to pay off all of its debts.
TOU's Debt to FCF ratio of 2.95 is amongst the best of the industry. TOU outperforms 84.40% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that TOU is not too dependend on debt financing.
TOU's Debt to Equity ratio of 0.10 is fine compared to the rest of the industry. TOU outperforms 71.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 2.79 |
ROIC/WACC0.8
WACC8.05%
2.3 Liquidity
TOU has a Current Ratio of 0.72. 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 Current ratio, with a value of 0.72, TOU is doing worse than 63.30% of the companies in the same industry.
TOU has a Quick Ratio of 0.72. This is a bad value and indicates that TOU is not financially healthy enough and could expect problems in meeting its short term obligations.
TOU's Quick ratio of 0.72 is in line compared to the rest of the industry. TOU outperforms 53.67% of its industry peers.
TOU 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for TOU have decreased by -5.44% 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.
The Revenue has grown by 8.59% in the past year. This is quite good.
The Revenue has been growing by 20.93% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 30.49% on average over the next years. This is a very strong growth
TOU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.76% yearly.
EPS Next Y15.77%
EPS Next 2Y31.43%
EPS Next 3Y24.35%
EPS Next 5Y30.49%
Revenue Next Year17.13%
Revenue Next 2Y18.7%
Revenue Next 3Y13.76%
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
With a Price/Earnings ratio of 14.62, TOU is valued correctly.
Based on the Price/Earnings ratio, TOU is valued a bit cheaper than the industry average as 64.22% of the companies are valued more expensively.
TOU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.03.
TOU is valuated reasonably with a Price/Forward Earnings ratio of 9.67.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 66.06% 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 (22.54), we can say TOU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.62 | ||
| Fwd PE | 9.67 |
4.2 Price Multiples
TOU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TOU is cheaper than 77.52% of the companies in the same industry.
TOU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.75 | ||
| EV/EBITDA | 6.93 |
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.
TOU's earnings are expected to grow with 24.35% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.93
PEG (5Y)0.6
EPS Next 2Y31.43%
EPS Next 3Y24.35%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.41%, TOU has a reasonable but not impressive dividend return.
TOU's Dividend Yield is a higher than the industry average which is at 5.89.
Compared to an average S&P500 Dividend Yield of 2.45, TOU pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
The dividend of TOU is nicely growing with an annual growth rate of 48.01%!
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
84.49% of the earnings are spent on dividend by TOU. 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.
DP84.49%
EPS Next 2Y31.43%
EPS Next 3Y24.35%
TSX:TOU (9/10/2025, 7:00:00 PM)
58.48
+0.63 (+1.09%)
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 Cap22.62B
Analysts79.17
Price Target76.47 (30.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
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)-2.38%
PT rev (3m)-1.94%
EPS NQ rev (1m)-27.7%
EPS NQ rev (3m)-39.58%
EPS NY rev (1m)-33.13%
EPS NY rev (3m)-33.13%
Revenue NQ rev (1m)-15.67%
Revenue NQ rev (3m)-14.58%
Revenue NY rev (1m)-7.44%
Revenue NY rev (3m)-12.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.62 | ||
| Fwd PE | 9.67 | ||
| P/S | 3.76 | ||
| P/FCF | 41.75 | ||
| P/OCF | 7.01 | ||
| P/B | 1.37 | ||
| P/tB | 1.37 | ||
| EV/EBITDA | 6.93 |
EPS(TTM)4
EY6.84%
EPS(NY)6.05
Fwd EY10.34%
FCF(TTM)1.4
FCFY2.4%
OCF(TTM)8.34
OCFY14.26%
SpS15.56
BVpS42.61
TBVpS42.61
PEG (NY)0.93
PEG (5Y)0.6
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 | 2.79 |
F-Score4
WACC8.05%
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 Y15.77%
EPS Next 2Y31.43%
EPS Next 3Y24.35%
EPS Next 5Y30.49%
Revenue 1Y (TTM)8.59%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%6.88%
Revenue Next Year17.13%
Revenue Next 2Y18.7%
Revenue Next 3Y13.76%
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%