WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
WCP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 214 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! WCP also has an excellent dividend rating.
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.
WCP had positive earnings in 4 of the past 5 years.
WCP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WCP (5.13%) is better than 83.18% of its industry peers.
With a decent Return On Equity value of 8.83%, WCP is doing good in the industry, outperforming 72.90% of the companies in the same industry.
The Return On Invested Capital of WCP (4.30%) is better than 71.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WCP is above the industry average of 7.26%.
The last Return On Invested Capital (4.30%) for WCP is well below the 3 year average (10.61%), which needs to be investigated, but indicates that WCP had better years and this may not be a problem.
| 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
WCP has a Profit Margin of 25.96%. This is amongst the best in the industry. WCP outperforms 86.45% 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 78.04% of its industry peers.
WCP's Operating Margin has improved in the last couple of years.
WCP has a better Gross Margin (73.11%) than 90.19% of its industry peers.
WCP's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WCP is still 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.
WCP has a better debt/assets ratio than last year.
2.2 Solvency
WCP has an Altman-Z score of 1.39. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
WCP has a Altman-Z score of 1.39. This is in the better half of the industry: WCP outperforms 64.49% of its industry peers.
The Debt to FCF ratio of WCP is 5.98, which is a neutral value as it means it would take WCP, 5.98 years of fcf income to pay off all of its debts.
WCP's Debt to FCF ratio of 5.98 is fine compared to the rest of the industry. WCP outperforms 70.09% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that WCP is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.31, WCP perfoms like the industry average, outperforming 58.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.54
WACC7.97%
2.3 Liquidity
A Current Ratio of 0.78 indicates that WCP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.78, WCP is in line with its industry, outperforming 55.61% of the companies in the same industry.
WCP has a Quick Ratio of 0.78. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, WCP is in line with its industry, outperforming 59.35% of the companies in the same 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.
Measured over the past years, WCP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.33% on average per year.
The Revenue has grown by 12.28% in the past year. This is quite good.
Measured over the past years, WCP shows a very strong growth in Revenue. The Revenue has been growing by 25.03% on average per year.
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
The Earnings Per Share is expected to decrease by -14.19% on average over the next years. This is quite bad
The Revenue is expected to grow by 26.25% on average over the next years. This is a very strong growth
EPS Next Y-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
EPS Next 5YN/A
Revenue Next Year25.67%
Revenue Next 2Y27.31%
Revenue Next 3Y5.97%
Revenue Next 5Y26.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 7.03 indicates a rather cheap valuation of WCP.
Based on the Price/Earnings ratio, WCP is valued cheaply inside the industry as 86.92% of the companies are valued more expensively.
WCP is valuated cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.01, which indicates a correct valuation of WCP.
WCP's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.28. WCP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.03 | ||
| Fwd PE | 12.01 |
4.2 Price Multiples
WCP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. WCP is cheaper than 70.09% of the companies in the same industry.
WCP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WCP is cheaper than 63.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.36 | ||
| EV/EBITDA | 7.57 |
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
WCP has a Yearly Dividend Yield of 6.98%, which is a nice return.
WCP's Dividend Yield is rather good when compared to the industry average which is at 5.75. WCP pays more dividend than 93.93% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.98% |
5.2 History
On average, the dividend of WCP grows each year by 16.83%, which is quite nice.
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
51.73% of the earnings are spent on dividend by WCP. This is a bit on the high side, but may be sustainable.
WCP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP51.73%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
TSX:WCP (8/5/2025, 7:00:00 PM)
10.27
-0.04 (-0.39%)
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 Cap12.65B
Analysts77.89
Price Target13.16 (28.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.98% |
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)-0.05%
PT rev (3m)-2.75%
EPS NQ rev (1m)29.63%
EPS NQ rev (3m)-3.23%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-7.56%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)174.53%
Revenue NY rev (3m)58.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.03 | ||
| Fwd PE | 12.01 | ||
| P/S | 3.35 | ||
| P/FCF | 21.36 | ||
| P/OCF | 6.52 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 7.57 |
EPS(TTM)1.46
EY14.22%
EPS(NY)0.86
Fwd EY8.33%
FCF(TTM)0.48
FCFY4.68%
OCF(TTM)1.57
OCFY15.33%
SpS3.07
BVpS9.02
TBVpS9.02
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
WACC7.97%
ROIC/WACC0.54
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-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
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 3Y5.97%
Revenue Next 5Y26.25%
EBIT growth 1Y-4.17%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year60.46%
EBIT Next 3Y26.16%
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%