WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada - TSX:WCP - CA96467A2002 - Common Stock
11.13 CAD
+0.06 (+0.54%)
Overall WCP gets a fundamental rating of 6 out of 10. We evaluated WCP against 220 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 showing excellent growth while it is valued at reasonable prices. 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.
Each year in the past 5 years WCP had a positive operating cash flow.
1.2 Ratios
WCP's Return On Assets of 5.13% is amongst the best of the industry. WCP outperforms 84.55% of its industry peers.
WCP has a better Return On Equity (8.83%) than 63.64% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.30%, WCP is in the better half of the industry, outperforming 62.27% of the companies in the same industry.
WCP had an Average Return On Invested Capital over the past 3 years of 10.61%. This is above the industry average of 6.91%.
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
With an excellent Profit Margin value of 25.96%, WCP belongs to the best of the industry, outperforming 85.91% of the companies in the same industry.
In the last couple of years the Profit Margin of WCP has declined.
WCP has a better Operating Margin (26.50%) than 78.18% of its industry peers.
WCP's Operating Margin has improved in the last couple of years.
The Gross Margin of WCP (73.11%) is better than 91.36% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WCP is creating some value.
WCP has less shares outstanding than it did 1 year ago.
WCP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for WCP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that WCP is in the distress zone and has some risk of bankruptcy.
WCP has a better Altman-Z score (1.45) than 63.18% 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.
With a decent Debt to FCF ratio value of 5.98, WCP is doing good in the industry, outperforming 74.09% of the companies in the same industry.
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 57.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.55
WACC7.88%
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 of 0.78. This is comparable to the rest of the industry: WCP outperforms 59.09% of its industry peers.
| 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.
The Revenue has grown by 12.28% in the past year. This is quite good.
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
Based on estimates for the next years, WCP will show a decrease in Earnings Per Share. The EPS will decrease by -7.78% on average per year.
WCP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.12% yearly.
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 5Y21.12%
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
WCP is valuated cheaply with a Price/Earnings ratio of 7.62.
Based on the Price/Earnings ratio, WCP is valued a bit cheaper than the industry average as 79.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.29, WCP is valued rather cheaply.
The Price/Forward Earnings ratio is 13.95, which indicates a correct valuation of WCP.
Based on the Price/Forward Earnings ratio, WCP is valued a bit cheaper than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.80, WCP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.62 | ||
| Fwd PE | 13.95 |
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 70.45% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, WCP is valued a bit cheaper than the industry average as 61.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.86 | ||
| EV/EBITDA | 7.98 |
4.3 Compensation for Growth
The excellent profitability rating of WCP may justify a higher PE ratio.
WCP's earnings are expected to decrease with -7.78% in the coming years. This may justify a cheaper valuation.
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 6.68%, which is a nice return.
Compared to an average industry Dividend Yield of 6.65, WCP pays a better dividend. On top of this WCP pays more dividend than 93.18% of the companies listed in the same industry.
WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
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 (9/24/2025, 7:00:00 PM)
11.13
+0.06 (+0.54%)
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 Cap13.54B
Analysts81.05
Price Target13.37 (20.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
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)-0.23%
PT rev (3m)1.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)174.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.62 | ||
| Fwd PE | 13.95 | ||
| P/S | 3.58 | ||
| P/FCF | 22.86 | ||
| P/OCF | 6.98 | ||
| P/B | 1.22 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 7.98 |
EPS(TTM)1.46
EY13.12%
EPS(NY)0.8
Fwd EY7.17%
FCF(TTM)0.49
FCFY4.38%
OCF(TTM)1.59
OCFY14.33%
SpS3.11
BVpS9.14
TBVpS9.14
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 | 1.45 |
F-Score4
WACC7.88%
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 5Y21.12%
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%