WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
We assign a fundamental rating of 6 out of 10 to WCP. WCP was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. WCP has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on WCP. Finally WCP also has an excellent dividend rating. These ratings would make WCP suitable for value and 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
WCP has a Return On Assets of 9.35%. This is amongst the best in the industry. WCP outperforms 90.34% of its industry peers.
With an excellent Return On Equity value of 15.75%, WCP belongs to the best of the industry, outperforming 85.51% of the companies in the same industry.
WCP's Return On Invested Capital of 8.37% is amongst the best of the industry. WCP outperforms 85.99% 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 7.37%.
| 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
WCP has a better Profit Margin (26.87%) than 87.92% of its industry peers.
In the last couple of years the Profit Margin of WCP has declined.
WCP has a better Operating Margin (29.30%) than 79.71% of its industry peers.
In the last couple of years the Operating Margin of WCP has grown nicely.
WCP's Gross Margin of 74.38% is amongst the best of the industry. WCP outperforms 88.41% of its industry peers.
WCP's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, WCP has less shares outstanding
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 1.56. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.56, WCP is in the better half of the industry, outperforming 67.15% of the companies in the same industry.
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.
The Debt to FCF ratio of WCP (1.49) is better than 90.34% of its industry peers.
WCP has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
WCP has a better Debt to Equity ratio (0.16) than 64.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.49 | ||
| Altman-Z | 1.56 |
ROIC/WACC0.94
WACC8.91%
2.3 Liquidity
WCP has a Current 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 worse Current ratio (0.66) than 64.25% of its industry peers.
A Quick Ratio of 0.66 indicates that WCP may have some problems paying its short term obligations.
The Quick ratio of WCP (0.66) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The earnings per share for WCP have decreased by -6.16% 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.
Looking at the last year, WCP shows a small growth in Revenue. The Revenue has grown by 5.56% in the last year.
The Revenue has been growing by 25.03% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-6.16%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%176.16%
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.
The Revenue is expected to grow by 7.68% on average over the next years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.20, which indicates a rather cheap valuation of WCP.
Based on the Price/Earnings ratio, WCP is valued cheaply inside the industry as 87.92% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.91, WCP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.92, the valuation of WCP can be described as reasonable.
60.87% of the companies in the same industry are more expensive than WCP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.85, WCP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 9.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WCP is valued cheaply inside the industry as 89.37% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WCP indicates a rather cheap valuation: WCP is cheaper than 85.99% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.87 | ||
| EV/EBITDA | 2.99 |
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 -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 8.56%, which is a nice return.
Compared to an average industry Dividend Yield of 6.56, WCP pays a better dividend. On top of this WCP pays more dividend than 93.72% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.56% |
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
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 (5/22/2025, 7:00:00 PM)
8.49
-0.05 (-0.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.8%
Inst Owner ChangeN/A
Ins Owners0.93%
Ins Owner ChangeN/A
Market Cap4.99B
Analysts78.82
Price Target13.28 (56.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.56% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP47.14%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)-3.84%
PT rev (3m)-4.07%
EPS NQ rev (1m)25.94%
EPS NQ rev (3m)33.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.25%
Revenue NQ rev (1m)2.59%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-42.35%
Revenue NY rev (3m)-54.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 9.92 | ||
| P/S | 1.46 | ||
| P/FCF | 7.87 | ||
| P/OCF | 2.81 | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 2.99 |
EPS(TTM)1.37
EY16.14%
EPS(NY)0.86
Fwd EY10.08%
FCF(TTM)1.08
FCFY12.71%
OCF(TTM)3.02
OCFY35.6%
SpS5.8
BVpS9.89
TBVpS9.89
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 | 1.56 |
F-Score7
WACC8.91%
ROIC/WACC0.94
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)-6.16%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%176.16%
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 Year7.88%
EBIT Next 3Y4.43%
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%