WHITECAP RESOURCES INC (WCP.CA) Fundamental Analysis & Valuation

TSX:WCP • CA96467A2002

Current stock price

14.32 CAD
+0.01 (+0.07%)
Last:

This WCP.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. WCP.CA Profitability Analysis

1.1 Basic Checks

  • WCP had positive earnings in the past year.
  • WCP had a positive operating cash flow in the past year.
  • WCP had positive earnings in each of the past 5 years.
  • In the past 5 years WCP always reported a positive cash flow from operatings.
WCP.CA Yearly Net Income VS EBIT VS OCF VS FCFWCP.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.10%, WCP belongs to the top of the industry, outperforming 83.49% of the companies in the same industry.
  • WCP has a better Return On Equity (8.95%) than 66.51% of its industry peers.
  • The Return On Invested Capital of WCP (5.01%) is better than 72.64% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for WCP is in line with the industry average of 6.67%.
Industry RankSector Rank
ROA 5.1%
ROE 8.95%
ROIC 5.01%
ROA(3y)7.51%
ROA(5y)13.19%
ROE(3y)13.1%
ROE(5y)24%
ROIC(3y)7.07%
ROIC(5y)9.29%
WCP.CA Yearly ROA, ROE, ROICWCP.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150

1.3 Margins

  • Looking at the Profit Margin, with a value of 19.05%, WCP belongs to the top of the industry, outperforming 82.55% of the companies in the same industry.
  • WCP's Profit Margin has declined in the last couple of years.
  • WCP has a Operating Margin of 22.76%. This is in the better half of the industry: WCP outperforms 79.25% of its industry peers.
  • In the last couple of years the Operating Margin of WCP has grown nicely.
  • WCP has a Gross Margin of 72.18%. This is amongst the best in the industry. WCP outperforms 90.57% of its industry peers.
  • WCP's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.76%
PM (TTM) 19.05%
GM 72.18%
OM growth 3Y-20.74%
OM growth 5Y70%
PM growth 3Y-23.64%
PM growth 5YN/A
GM growth 3Y-3.55%
GM growth 5Y2.81%
WCP.CA Yearly Profit, Operating, Gross MarginsWCP.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200

3

2. WCP.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WCP is destroying value.
  • Compared to 1 year ago, WCP has more shares outstanding
  • Compared to 5 years ago, WCP has more shares outstanding
  • The debt/assets ratio for WCP is higher compared to a year ago.
WCP.CA Yearly Shares OutstandingWCP.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
WCP.CA Yearly Total Debt VS Total AssetsWCP.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • Based on the Altman-Z score of 1.78, we must say that WCP is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.78, WCP is in the better half of the industry, outperforming 67.45% of the companies in the same industry.
  • WCP has a debt to FCF ratio of 6.18. This is a slightly negative value and a sign of low solvency as WCP would need 6.18 years to pay back of all of its debts.
  • The Debt to FCF ratio of WCP (6.18) is better than 77.36% of its industry peers.
  • A Debt/Equity ratio of 0.32 indicates that WCP is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.32, WCP is in line with its industry, outperforming 59.91% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.18
Altman-Z 1.78
ROIC/WACC0.66
WACC7.56%
WCP.CA Yearly LT Debt VS Equity VS FCFWCP.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 0.70 indicates that WCP may have some problems paying its short term obligations.
  • With a Current ratio value of 0.70, WCP perfoms like the industry average, outperforming 53.77% of the companies in the same industry.
  • WCP has a Quick Ratio of 0.70. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.70, WCP perfoms like the industry average, outperforming 56.60% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.7
WCP.CA Yearly Current Assets VS Current LiabilitesWCP.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. WCP.CA Growth Analysis

3.1 Past

  • The earnings per share for WCP have decreased strongly by -25.55% in the last year.
  • The earnings per share for WCP have been decreasing by -19.29% on average. This is quite bad
  • The Revenue has grown by 54.88% in the past year. This is a very strong growth!
  • The Revenue has been growing by 44.84% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-25.55%
EPS 3Y-19.29%
EPS 5YN/A
EPS Q2Q%-37.5%
Revenue 1Y (TTM)54.88%
Revenue growth 3Y9.68%
Revenue growth 5Y44.84%
Sales Q2Q%76.64%

3.2 Future

  • The Earnings Per Share is expected to grow by 2.13% on average over the next years.
  • WCP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.30% yearly.
EPS Next Y-23.3%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
EPS Next 5Y2.13%
Revenue Next Year15.81%
Revenue Next 2Y10.56%
Revenue Next 3Y9.53%
Revenue Next 5Y10.3%

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.
WCP.CA Yearly Revenue VS EstimatesWCP.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
WCP.CA Yearly EPS VS EstimatesWCP.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 -2 -4

5

4. WCP.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 14.04, which indicates a correct valuation of WCP.
  • Based on the Price/Earnings ratio, WCP is valued a bit cheaper than 71.70% of the companies in the same industry.
  • WCP is valuated rather cheaply when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 18.30, which indicates a rather expensive current valuation of WCP.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 71.23% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of WCP to the average of the S&P500 Index (23.84), we can say WCP is valued slightly cheaper.
Industry RankSector Rank
PE 14.04
Fwd PE 18.3
WCP.CA Price Earnings VS Forward Price EarningsWCP.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 83.96% of the companies in the same industry are more expensive than WCP, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 66.04% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 28.52
EV/EBITDA 7.3
WCP.CA Per share dataWCP.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • WCP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.02%
EPS Next 3Y0.69%

6

5. WCP.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.75%, WCP is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.60, WCP pays a bit more dividend than its industry peers.
  • WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 5.75%

5.2 History

  • The dividend of WCP is nicely growing with an annual growth rate of 30.81%!
  • 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)30.81%
Div Incr Years3
Div Non Decr Years3
WCP.CA Yearly Dividends per shareWCP.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • WCP pays out 74.70% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of WCP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP74.7%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
WCP.CA Yearly Income VS Free CF VS DividendWCP.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B
WCP.CA Dividend Payout.WCP.CA Dividend Payout, showing the Payout Ratio.WCP.CA Dividend Payout.PayoutRetained Earnings

WCP.CA Fundamentals: All Metrics, Ratios and Statistics

WHITECAP RESOURCES INC

TSX:WCP (3/13/2026, 7:00:00 PM)

14.32

+0.01 (+0.07%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-23
Earnings (Next)04-29
Inst Owners25.51%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap17.38B
Revenue(TTM)5.17B
Net Income(TTM)984.60M
Analysts82
Price Target14.21 (-0.77%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.75%
Yearly Dividend0.82
Dividend Growth(5Y)30.81%
DP74.7%
Div Incr Years3
Div Non Decr Years3
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.22%
Min EPS beat(2)-20.61%
Max EPS beat(2)29.05%
EPS beat(4)2
Avg EPS beat(4)22.09%
Min EPS beat(4)-20.61%
Max EPS beat(4)94.48%
EPS beat(8)5
Avg EPS beat(8)17.14%
EPS beat(12)8
Avg EPS beat(12)18.41%
EPS beat(16)11
Avg EPS beat(16)14.27%
Revenue beat(2)0
Avg Revenue beat(2)-0.66%
Min Revenue beat(2)-1.16%
Max Revenue beat(2)-0.15%
Revenue beat(4)2
Avg Revenue beat(4)4.08%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)15.36%
Revenue beat(8)6
Avg Revenue beat(8)7.19%
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)0.48%
PT rev (3m)2.45%
EPS NQ rev (1m)-8.23%
EPS NQ rev (3m)-18.64%
EPS NY rev (1m)-1.45%
EPS NY rev (3m)-8.98%
Revenue NQ rev (1m)-4.93%
Revenue NQ rev (3m)-4.93%
Revenue NY rev (1m)7.53%
Revenue NY rev (3m)7.53%
Valuation
Industry RankSector Rank
PE 14.04
Fwd PE 18.3
P/S 3.36
P/FCF 28.52
P/OCF 6.47
P/B 1.58
P/tB 1.58
EV/EBITDA 7.3
EPS(TTM)1.02
EY7.12%
EPS(NY)0.78
Fwd EY5.46%
FCF(TTM)0.5
FCFY3.51%
OCF(TTM)2.21
OCFY15.45%
SpS4.26
BVpS9.06
TBVpS9.06
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.42
Profitability
Industry RankSector Rank
ROA 5.1%
ROE 8.95%
ROCE 6.68%
ROIC 5.01%
ROICexc 5.02%
ROICexgc 5.02%
OM 22.76%
PM (TTM) 19.05%
GM 72.18%
FCFM 11.79%
ROA(3y)7.51%
ROA(5y)13.19%
ROE(3y)13.1%
ROE(5y)24%
ROIC(3y)7.07%
ROIC(5y)9.29%
ROICexc(3y)7.18%
ROICexc(5y)9.35%
ROICexgc(3y)7.18%
ROICexgc(5y)9.35%
ROCE(3y)9.44%
ROCE(5y)12.4%
ROICexgc growth 3Y-31%
ROICexgc growth 5Y75.37%
ROICexc growth 3Y-31%
ROICexc growth 5Y75.37%
OM growth 3Y-20.74%
OM growth 5Y70%
PM growth 3Y-23.64%
PM growth 5YN/A
GM growth 3Y-3.55%
GM growth 5Y2.81%
F-Score4
Asset Turnover0.27
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.18
Debt/EBITDA 1.22
Cap/Depr 121.48%
Cap/Sales 40.17%
Interest Coverage 8.69
Cash Conversion 93.07%
Profit Quality 61.89%
Current Ratio 0.7
Quick Ratio 0.7
Altman-Z 1.78
F-Score4
WACC7.56%
ROIC/WACC0.66
Cap/Depr(3y)122.69%
Cap/Depr(5y)111.32%
Cap/Sales(3y)36.35%
Cap/Sales(5y)30.26%
Profit Quality(3y)72.37%
Profit Quality(5y)67.54%
High Growth Momentum
Growth
EPS 1Y (TTM)-25.55%
EPS 3Y-19.29%
EPS 5YN/A
EPS Q2Q%-37.5%
EPS Next Y-23.3%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
EPS Next 5Y2.13%
Revenue 1Y (TTM)54.88%
Revenue growth 3Y9.68%
Revenue growth 5Y44.84%
Sales Q2Q%76.64%
Revenue Next Year15.81%
Revenue Next 2Y10.56%
Revenue Next 3Y9.53%
Revenue Next 5Y10.3%
EBIT growth 1Y25.53%
EBIT growth 3Y-13.07%
EBIT growth 5Y146.23%
EBIT Next Year52.35%
EBIT Next 3Y20.43%
EBIT Next 5Y12.08%
FCF growth 1Y-12.51%
FCF growth 3Y-25.75%
FCF growth 5Y19.61%
OCF growth 1Y46.51%
OCF growth 3Y7.15%
OCF growth 5Y42.93%

WHITECAP RESOURCES INC / WCP.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for WHITECAP RESOURCES INC?

ChartMill assigns a fundamental rating of 5 / 10 to WCP.CA.


Can you provide the valuation status for WHITECAP RESOURCES INC?

ChartMill assigns a valuation rating of 5 / 10 to WHITECAP RESOURCES INC (WCP.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for WHITECAP RESOURCES INC?

WHITECAP RESOURCES INC (WCP.CA) has a profitability rating of 7 / 10.


What is the earnings growth outlook for WHITECAP RESOURCES INC?

The Earnings per Share (EPS) of WHITECAP RESOURCES INC (WCP.CA) is expected to decline by -23.3% in the next year.


How sustainable is the dividend of WHITECAP RESOURCES INC (WCP.CA) stock?

The dividend rating of WHITECAP RESOURCES INC (WCP.CA) is 6 / 10 and the dividend payout ratio is 74.7%.