WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
Overall WCP gets a fundamental rating of 6 out of 10. We evaluated WCP against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While WCP belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. WCP has a decent growth rate and is not valued too expensively. WCP also has an excellent dividend rating. These ratings could make WCP a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year WCP was profitable.
In the past year WCP had a positive cash flow from operations.
Of the past 5 years WCP 4 years were profitable.
Each year in the past 5 years WCP had a positive operating cash flow.
1.2 Ratios
The Return On Assets of WCP (9.35%) is better than 90.43% of its industry peers.
The Return On Equity of WCP (15.75%) is better than 85.65% of its industry peers.
WCP has a better Return On Invested Capital (8.37%) than 85.65% 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 7.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.35% | ||
| ROE | 15.75% | ||
| ROIC | 8.37% |
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
Looking at the Profit Margin, with a value of 26.87%, WCP belongs to the top of the industry, outperforming 87.08% of the companies in the same industry.
In the last couple of years the Profit Margin of WCP has declined.
With a decent Operating Margin value of 29.30%, WCP is doing good in the industry, outperforming 79.90% of the companies in the same industry.
In the last couple of years the Operating Margin of WCP has grown nicely.
WCP has a better Gross Margin (74.38%) than 91.39% 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 | 29.3% | ||
| PM (TTM) | 26.87% | ||
| GM | 74.38% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WCP is creating some value.
The number of shares outstanding for WCP has been reduced compared to 1 year ago.
WCP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, WCP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.50 indicates that WCP is not a great score, but indicates only limited risk for bankruptcy at the moment.
WCP's Altman-Z score of 2.50 is fine compared to the rest of the industry. WCP outperforms 73.68% of its industry peers.
The Debt to FCF ratio of WCP is 1.49, which is an excellent value as it means it would take WCP, only 1.49 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.49, WCP belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that WCP is not too dependend on debt financing.
WCP has a Debt to Equity ratio of 0.16. This is in the better half of the industry: WCP outperforms 66.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.49 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.13
WACC7.41%
2.3 Liquidity
A Current Ratio of 0.66 indicates that WCP may have some problems paying its short term obligations.
WCP's Current ratio of 0.66 is on the low side compared to the rest of the industry. WCP is outperformed by 63.16% of its industry peers.
WCP has a Quick Ratio of 0.66. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
WCP has a Quick ratio (0.66) which is comparable to the rest of the industry.
WCP 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 | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
WCP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.28%, which is quite impressive.
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 small growth in Revenue. The Revenue has grown by 5.56% 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)36.28%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%170%
Revenue 1Y (TTM)5.56%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%8.57%
3.2 Future
WCP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.19% yearly.
WCP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.68% yearly.
EPS Next Y-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
EPS Next 5YN/A
Revenue Next Year-54.22%
Revenue Next 2Y-31.72%
Revenue Next 3Y28.45%
Revenue Next 5Y7.68%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WCP is valuated cheaply with a Price/Earnings ratio of 6.10.
90.43% of the companies in the same industry are more expensive than WCP, based on the Price/Earnings ratio.
WCP is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.98, the valuation of WCP can be described as very reasonable.
WCP's Price/Forward Earnings is on the same level as the industry average.
WCP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.1 | ||
| Fwd PE | 10.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WCP is valued a bit cheaper than the industry average as 77.51% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, WCP is valued a bit cheaper than the industry average as 64.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.21 | ||
| EV/EBITDA | 6.14 |
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 -14.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.00%, WCP is a good candidate for dividend investing.
WCP's Dividend Yield is rather good when compared to the industry average which is at 6.54. WCP pays more dividend than 93.78% of the companies in the same industry.
WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
5.2 History
The dividend of WCP is nicely growing with an annual growth rate of 16.83%!
WCP has been paying a dividend for at least 10 years, so it has 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
47.14% of the earnings are spent on dividend by WCP. This is a bit on the high side, but may be sustainable.
DP47.14%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
TSX:WCP (6/13/2025, 7:00:00 PM)
9.39
+0.27 (+2.96%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners12.59%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap11.55B
Analysts78.95
Price Target13.28 (41.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP47.14%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)37.91%
Min EPS beat(2)-14.59%
Max EPS beat(2)90.4%
EPS beat(4)3
Avg EPS beat(4)26.34%
Min EPS beat(4)-14.59%
Max EPS beat(4)90.4%
EPS beat(8)5
Avg EPS beat(8)9.99%
EPS beat(12)9
Avg EPS beat(12)13.77%
EPS beat(16)11
Avg EPS beat(16)79.37%
Revenue beat(2)2
Avg Revenue beat(2)10.76%
Min Revenue beat(2)6.16%
Max Revenue beat(2)15.36%
Revenue beat(4)4
Avg Revenue beat(4)10.03%
Min Revenue beat(4)6.16%
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)-1.89%
PT rev (3m)-4.33%
EPS NQ rev (1m)-22.59%
EPS NQ rev (3m)3.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-42.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.1 | ||
| Fwd PE | 10.98 | ||
| P/S | 3.39 | ||
| P/FCF | 18.21 | ||
| P/OCF | 6.5 | ||
| P/B | 1.99 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 6.14 |
EPS(TTM)1.54
EY16.4%
EPS(NY)0.86
Fwd EY9.11%
FCF(TTM)0.52
FCFY5.49%
OCF(TTM)1.44
OCFY15.38%
SpS2.77
BVpS4.73
TBVpS4.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.35% | ||
| ROE | 15.75% | ||
| ROCE | 11.05% | ||
| ROIC | 8.37% | ||
| ROICexc | 8.37% | ||
| ROICexgc | 8.37% | ||
| OM | 29.3% | ||
| PM (TTM) | 26.87% | ||
| GM | 74.38% | ||
| FCFM | 18.62% |
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-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.49 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 116.09% | ||
| Cap/Sales | 33.53% | ||
| Interest Coverage | 16.49 | ||
| Cash Conversion | 89.62% | ||
| Profit Quality | 69.29% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 2.5 |
F-Score7
WACC7.41%
ROIC/WACC1.13
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)36.28%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%170%
EPS Next Y-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
EPS Next 5YN/A
Revenue 1Y (TTM)5.56%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%8.57%
Revenue Next Year-54.22%
Revenue Next 2Y-31.72%
Revenue Next 3Y28.45%
Revenue Next 5Y7.68%
EBIT growth 1Y3.42%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year60.46%
EBIT Next 3Y26.16%
EBIT Next 5YN/A
FCF growth 1Y-58.41%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y-21.46%
OCF growth 3Y17.71%
OCF growth 5Y23.22%