WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada - TSX:WCP - CA96467A2002 - Common Stock
10.5 CAD
-0.11 (-1.04%)
Overall WCP gets a fundamental rating of 6 out of 10. We evaluated WCP against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While WCP has a great profitability rating, there are some minor concerns on its financial health. WCP is not priced too expensively while it is growing strongly. Keep and eye on this one! Finally WCP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WCP was profitable.
WCP had a positive operating cash flow in the past year.
WCP had positive earnings in 4 of the past 5 years.
In the past 5 years WCP always reported a positive cash flow from operatings.
1.2 Ratios
WCP has a better Return On Assets (5.13%) than 84.29% of its industry peers.
WCP has a better Return On Equity (8.83%) than 61.90% of its industry peers.
WCP has a better Return On Invested Capital (4.30%) than 60.48% of its industry peers.
WCP had an Average Return On Invested Capital over the past 3 years of 10.61%. This is above the industry average of 6.85%.
The 3 year average ROIC (10.61%) for WCP is well above the current ROIC(4.30%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 8.83% | ||
| ROIC | 4.3% |
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
1.3 Margins
The Profit Margin of WCP (25.96%) is better than 85.24% of its industry peers.
In the last couple of years the Profit Margin of WCP has declined.
WCP has a Operating Margin of 26.50%. This is in the better half of the industry: WCP outperforms 78.10% of its industry peers.
WCP's Operating Margin has improved in the last couple of years.
WCP's Gross Margin of 73.11% is amongst the best of the industry. WCP outperforms 90.95% of its industry peers.
In the last couple of years the Gross Margin of WCP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.5% | ||
| PM (TTM) | 25.96% | ||
| GM | 73.11% |
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
WCP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
WCP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, WCP has more shares outstanding
The debt/assets ratio for WCP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that WCP is in the distress zone and has some risk of bankruptcy.
WCP has a better Altman-Z score (1.39) than 61.43% of its industry peers.
WCP has a debt to FCF ratio of 5.98. This is a neutral value as WCP would need 5.98 years to pay back of all of its debts.
The Debt to FCF ratio of WCP (5.98) is better than 73.81% of its industry peers.
WCP has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of WCP (0.31) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.55
WACC7.76%
2.3 Liquidity
A Current Ratio of 0.78 indicates that WCP may have some problems paying its short term obligations.
WCP has a Current ratio (0.78) which is in line with its industry peers.
A Quick Ratio of 0.78 indicates that WCP may have some problems paying its short term obligations.
WCP has a Quick ratio (0.78) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.80% over the past year.
WCP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.33% yearly.
Looking at the last year, WCP shows a quite strong growth in Revenue. The Revenue has grown by 12.28% in the last year.
WCP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.03% yearly.
EPS 1Y (TTM)16.8%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-19.51%
Revenue 1Y (TTM)12.28%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%42.31%
3.2 Future
WCP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.78% yearly.
The Revenue is expected to grow by 21.51% on average over the next years. This is a very strong growth
EPS Next Y-30.7%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
EPS Next 5YN/A
Revenue Next Year25.67%
Revenue Next 2Y27.31%
Revenue Next 3Y30.05%
Revenue Next 5Y21.51%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.19, which indicates a rather cheap valuation of WCP.
83.81% of the companies in the same industry are more expensive than WCP, based on the Price/Earnings ratio.
WCP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.29.
Based on the Price/Forward Earnings ratio of 13.16, the valuation of WCP can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as WCP.
When comparing the Price/Forward Earnings ratio of WCP to the average of the S&P500 Index (22.85), we can say WCP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 13.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WCP is valued a bit cheaper than the industry average as 70.95% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as WCP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.52 | ||
| EV/EBITDA | 7.61 |
4.3 Compensation for Growth
The excellent profitability rating of WCP may justify a higher PE ratio.
A cheap valuation may be justified as WCP's earnings are expected to decrease with -7.78% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
5. Dividend
5.1 Amount
WCP has a Yearly Dividend Yield of 6.75%, which is a nice return.
WCP's Dividend Yield is rather good when compared to the industry average which is at 7.51. WCP pays more dividend than 89.05% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.75% |
5.2 History
On average, the dividend of WCP grows each year by 16.83%, which is quite nice.
WCP has paid a dividend for at least 10 years, which is a reliable track record.
WCP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.83%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
51.73% of the earnings are spent on dividend by WCP. This is a bit on the high side, but may be sustainable.
The Dividend Rate of WCP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP51.73%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
TSX:WCP (10/16/2025, 7:00:00 PM)
10.5
-0.11 (-1.04%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.76%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap12.74B
Analysts81.11
Price Target13.37 (27.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.75% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP51.73%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)39.95%
Min EPS beat(2)-14.59%
Max EPS beat(2)94.48%
EPS beat(4)3
Avg EPS beat(4)48.49%
Min EPS beat(4)-14.59%
Max EPS beat(4)94.48%
EPS beat(8)5
Avg EPS beat(8)20%
EPS beat(12)9
Avg EPS beat(12)20.29%
EPS beat(16)12
Avg EPS beat(16)89.46%
Revenue beat(2)2
Avg Revenue beat(2)8.81%
Min Revenue beat(2)2.27%
Max Revenue beat(2)15.36%
Revenue beat(4)4
Avg Revenue beat(4)7.77%
Min Revenue beat(4)2.27%
Max Revenue beat(4)15.36%
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)-0.52%
PT rev (3m)1.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)29.63%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)174.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 13.16 | ||
| P/S | 3.37 | ||
| P/FCF | 21.52 | ||
| P/OCF | 6.57 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 7.61 |
EPS(TTM)1.46
EY13.9%
EPS(NY)0.8
Fwd EY7.6%
FCF(TTM)0.49
FCFY4.65%
OCF(TTM)1.6
OCFY15.22%
SpS3.11
BVpS9.15
TBVpS9.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 8.83% | ||
| ROCE | 5.68% | ||
| ROIC | 4.3% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.3% | ||
| OM | 26.5% | ||
| PM (TTM) | 25.96% | ||
| GM | 73.11% | ||
| FCFM | 15.67% |
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
ROICexc(3y)10.72%
ROICexc(5y)8.5%
ROICexgc(3y)10.72%
ROICexgc(5y)8.5%
ROCE(3y)14.01%
ROCE(5y)11.14%
ROICexcg growth 3Y-6.88%
ROICexcg growth 5Y30.36%
ROICexc growth 3Y-6.88%
ROICexc growth 5Y30.99%
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
F-Score4
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Debt/EBITDA | 1.63 | ||
| Cap/Depr | 118.47% | ||
| Cap/Sales | 35.64% | ||
| Interest Coverage | 13.76 | ||
| Cash Conversion | 90.68% | ||
| Profit Quality | 60.35% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.39 |
F-Score4
WACC7.76%
ROIC/WACC0.55
Cap/Depr(3y)110.9%
Cap/Depr(5y)98.28%
Cap/Sales(3y)28.87%
Cap/Sales(5y)27.2%
Profit Quality(3y)81.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.8%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-19.51%
EPS Next Y-30.7%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
EPS Next 5YN/A
Revenue 1Y (TTM)12.28%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%42.31%
Revenue Next Year25.67%
Revenue Next 2Y27.31%
Revenue Next 3Y30.05%
Revenue Next 5Y21.51%
EBIT growth 1Y-4.17%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year48.97%
EBIT Next 3Y25.95%
EBIT Next 5YN/A
FCF growth 1Y-48.02%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y-2.99%
OCF growth 3Y17.71%
OCF growth 5Y23.22%