WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:WCP • CA96467A2002
12.69 CAD
+0.06 (+0.48%)
Last: Jan 29, 2026, 07:00 PM
Taking everything into account, WCP scores 6 out of 10 in our fundamental rating. WCP was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. WCP scores excellent on profitability, but there are some minor concerns on its financial health. WCP is not valued too expensively and it also shows a decent growth rate. 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.
- WCP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 4.79%, WCP belongs to the best of the industry, outperforming 83.01% of the companies in the same industry.
- WCP has a Return On Equity of 8.35%. This is in the better half of the industry: WCP outperforms 64.56% of its industry peers.
- WCP's Return On Invested Capital of 4.76% is fine compared to the rest of the industry. WCP outperforms 74.27% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for WCP is above the industry average of 6.62%.
- The 3 year average ROIC (10.61%) for WCP is well above the current ROIC(4.76%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.79% | ||
| ROE | 8.35% | ||
| ROIC | 4.76% |
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 (20.18%) is better than 82.04% of its industry peers.
- In the last couple of years the Profit Margin of WCP has declined.
- The Operating Margin of WCP (24.35%) is better than 80.10% of its industry peers.
- WCP's Operating Margin has improved in the last couple of years.
- The Gross Margin of WCP (72.69%) is better than 91.26% 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 | 24.35% | ||
| PM (TTM) | 20.18% | ||
| GM | 72.69% |
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.
- The number of shares outstanding for WCP has been increased compared to 5 years ago.
- Compared to 1 year ago, WCP has an improved debt to assets ratio.
2.2 Solvency
- WCP has an Altman-Z score of 1.62. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.62, WCP is doing good in the industry, outperforming 65.05% of the companies in the same industry.
- The Debt to FCF ratio of WCP is 5.43, which is a neutral value as it means it would take WCP, 5.43 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 5.43, WCP is doing good in the industry, outperforming 75.73% of the companies in the same industry.
- A Debt/Equity ratio of 0.32 indicates that WCP is not too dependend on debt financing.
- WCP has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 5.43 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.61
WACC7.74%
2.3 Liquidity
- WCP has a Current Ratio of 0.73. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of WCP (0.73) is comparable to the rest of the industry.
- WCP has a Quick Ratio of 0.73. 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 0.73, WCP is in line with its industry, outperforming 57.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
- The earnings per share for WCP have decreased strongly by -19.86% in the last 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.
- WCP shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.36%.
- 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)-19.86%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-63.04%
Revenue 1Y (TTM)36.36%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%90.71%
3.2 Future
- Based on estimates for the next years, WCP will show a decrease in Earnings Per Share. The EPS will decrease by -4.59% on average per year.
- The Revenue is expected to grow by 18.60% on average over the next years. This is quite good.
EPS Next Y-31.88%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
EPS Next 5Y-4.59%
Revenue Next Year55.79%
Revenue Next 2Y33.57%
Revenue Next 3Y22.21%
Revenue Next 5Y18.6%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.85, the valuation of WCP can be described as very reasonable.
- WCP's Price/Earnings ratio is a bit cheaper when compared to the industry. WCP is cheaper than 73.30% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.39, WCP is valued rather cheaply.
- A Price/Forward Earnings ratio of 15.99 indicates a correct valuation of WCP.
- 65.05% of the companies in the same industry are more expensive than WCP, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of WCP to the average of the S&P500 Index (25.72), we can say WCP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 15.99 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 75.24% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, WCP is valued a bit cheaper than 66.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.41 | ||
| EV/EBITDA | 7.54 |
4.3 Compensation for Growth
- WCP has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as WCP's earnings are expected to decrease with -10.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.13%, WCP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.29, WCP pays a better dividend. On top of this WCP pays more dividend than 92.72% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.13% |
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
- WCP pays out 68.17% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of WCP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP68.17%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
WHITECAP RESOURCES INC / WCP.CA FAQ
Can you provide the ChartMill fundamental rating for WHITECAP RESOURCES INC?
ChartMill assigns a fundamental rating of 6 / 10 to WCP.CA.
Can you provide the valuation status for WHITECAP RESOURCES INC?
ChartMill assigns a valuation rating of 6 / 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 8 / 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 -31.88% 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 7 / 10 and the dividend payout ratio is 68.17%.