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Advantage Energy Ltd (AAV-DB.CA) Stock Fundamental Analysis

TSX:AAV-DB - Toronto Stock Exchange - - Currency: CAD

100.35  +0.15 (+0.15%)

Fundamental Rating

4

Overall AAV-DB gets a fundamental rating of 4 out of 10. We evaluated AAV-DB against 214 industry peers in the Oil, Gas & Consumable Fuels industry. AAV-DB has only an average score on both its financial health and profitability. While showing a medium growth rate, AAV-DB is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

In the past year AAV-DB was profitable.
AAV-DB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AAV-DB reported negative net income in multiple years.
In the past 5 years AAV-DB always reported a positive cash flow from operatings.
AAV-DB.CA Yearly Net Income VS EBIT VS OCF VS FCFAAV-DB.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M

1.2 Ratios

AAV-DB has a Return On Assets (1.60%) which is comparable to the rest of the industry.
AAV-DB has a Return On Equity (2.82%) which is comparable to the rest of the industry.
The Return On Invested Capital of AAV-DB (1.08%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for AAV-DB is above the industry average of 7.73%.
The last Return On Invested Capital (1.08%) for AAV-DB is well below the 3 year average (10.90%), which needs to be investigated, but indicates that AAV-DB had better years and this may not be a problem.
Industry RankSector Rank
ROA 1.6%
ROE 2.82%
ROIC 1.08%
ROA(3y)13.44%
ROA(5y)4.09%
ROE(3y)18.81%
ROE(5y)5.45%
ROIC(3y)10.9%
ROIC(5y)6.8%
AAV-DB.CA Yearly ROA, ROE, ROICAAV-DB.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20 -20

1.3 Margins

AAV-DB has a Profit Margin (9.33%) which is in line with its industry peers.
AAV-DB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.05%, AAV-DB is in line with its industry, outperforming 47.26% of the companies in the same industry.
AAV-DB's Operating Margin has improved in the last couple of years.
AAV-DB's Gross Margin of 76.46% is amongst the best of the industry. AAV-DB outperforms 88.06% of its industry peers.
AAV-DB's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 8.05%
PM (TTM) 9.33%
GM 76.46%
OM growth 3Y85.44%
OM growth 5Y49.24%
PM growth 3YN/A
PM growth 5Y32.21%
GM growth 3Y-0.12%
GM growth 5Y-0.79%
AAV-DB.CA Yearly Profit, Operating, Gross MarginsAAV-DB.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50 -100

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4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AAV-DB is creating some value.
Compared to 1 year ago, AAV-DB has less shares outstanding
Compared to 5 years ago, AAV-DB has less shares outstanding
Compared to 1 year ago, AAV-DB has a worse debt to assets ratio.
AAV-DB.CA Yearly Shares OutstandingAAV-DB.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M
AAV-DB.CA Yearly Total Debt VS Total AssetsAAV-DB.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

An Altman-Z score of 8.09 indicates that AAV-DB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.09, AAV-DB belongs to the top of the industry, outperforming 92.04% of the companies in the same industry.
AAV-DB has a debt to FCF ratio of 40.55. This is a negative value and a sign of low solvency as AAV-DB would need 40.55 years to pay back of all of its debts.
With a Debt to FCF ratio value of 40.55, AAV-DB perfoms like the industry average, outperforming 55.22% of the companies in the same industry.
AAV-DB has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
AAV-DB has a Debt to Equity ratio (0.47) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 40.55
Altman-Z 8.09
ROIC/WACC0.14
WACC7.77%
AAV-DB.CA Yearly LT Debt VS Equity VS FCFAAV-DB.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

AAV-DB has a Current Ratio of 0.75. This is a bad value and indicates that AAV-DB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.75, AAV-DB is in line with its industry, outperforming 44.28% of the companies in the same industry.
A Quick Ratio of 0.75 indicates that AAV-DB may have some problems paying its short term obligations.
AAV-DB's Quick ratio of 0.75 is in line compared to the rest of the industry. AAV-DB outperforms 46.27% of its industry peers.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.75
AAV-DB.CA Yearly Current Assets VS Current LiabilitesAAV-DB.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M

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4

3. Growth

3.1 Past

The earnings per share for AAV-DB have decreased strongly by -68.04% in the last year.
AAV-DB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 66.51% yearly.
AAV-DB shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.12%.
AAV-DB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.78% yearly.
EPS 1Y (TTM)-68.04%
EPS 3Y15.07%
EPS 5Y66.51%
EPS Q2Q%-125%
Revenue 1Y (TTM)-14.12%
Revenue growth 3Y29.49%
Revenue growth 5Y17.78%
Sales Q2Q%-9.2%

3.2 Future

AAV-DB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.64% yearly.
AAV-DB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.89% yearly.
EPS Next Y-63.7%
EPS Next 2Y41.94%
EPS Next 3Y42.49%
EPS Next 5Y9.64%
Revenue Next Year5.18%
Revenue Next 2Y27.6%
Revenue Next 3Y19.55%
Revenue Next 5Y5.89%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AAV-DB.CA Yearly Revenue VS EstimatesAAV-DB.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
AAV-DB.CA Yearly EPS VS EstimatesAAV-DB.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 2

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3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 323.71, AAV-DB can be considered very expensive at the moment.
AAV-DB's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.35. AAV-DB is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 77.82 indicates a quite expensive valuation of AAV-DB.
AAV-DB's Price/Forward Earnings ratio is in line with the industry average.
AAV-DB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 95.00, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 323.71
Fwd PE 77.82
AAV-DB.CA Price Earnings VS Forward Price EarningsAAV-DB.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 100 200 300

4.2 Price Multiples

61.19% of the companies in the same industry are cheaper than AAV-DB, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AAV-DB is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 891.02
EV/EBITDA 76.02
AAV-DB.CA Per share dataAAV-DB.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

The decent profitability rating of AAV-DB may justify a higher PE ratio.
AAV-DB's earnings are expected to grow with 42.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.87
EPS Next 2Y41.94%
EPS Next 3Y42.49%

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0

5. Dividend

5.1 Amount

No dividends for AAV-DB!.
Industry RankSector Rank
Dividend Yield N/A

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Advantage Energy Ltd

TSX:AAV-DB (2/4/2025, 7:00:00 PM)

100.35

+0.15 (+0.15%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-24 2024-10-24/amc
Earnings (Next)02-21 2025-02-21/amc
Inst Owners40.81%
Inst Owner ChangeN/A
Ins Owners3.31%
Ins Owner ChangeN/A
Market Cap16.76B
Analysts75.71
Price Target164.34 (63.77%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.08
Dividend Growth(5Y)-43.68%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-830.2%
Min EPS beat(2)-1486.14%
Max EPS beat(2)-174.26%
EPS beat(4)2
Avg EPS beat(4)-398.05%
Min EPS beat(4)-1486.14%
Max EPS beat(4)42.17%
EPS beat(8)3
Avg EPS beat(8)-206.71%
EPS beat(12)5
Avg EPS beat(12)-55.49%
EPS beat(16)7
Avg EPS beat(16)33.11%
Revenue beat(2)0
Avg Revenue beat(2)-12.37%
Min Revenue beat(2)-19.71%
Max Revenue beat(2)-5.03%
Revenue beat(4)0
Avg Revenue beat(4)-9.03%
Min Revenue beat(4)-19.71%
Max Revenue beat(4)-2.64%
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)3.45%
PT rev (3m)5.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-48.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.74%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-7.24%
Valuation
Industry RankSector Rank
PE 323.71
Fwd PE 77.82
P/S 34.28
P/FCF 891.02
P/OCF 66.7
P/B 10.35
P/tB 10.39
EV/EBITDA 76.02
EPS(TTM)0.31
EY0.31%
EPS(NY)1.29
Fwd EY1.28%
FCF(TTM)0.11
FCFY0.11%
OCF(TTM)1.5
OCFY1.5%
SpS2.93
BVpS9.69
TBVpS9.66
PEG (NY)N/A
PEG (5Y)4.87
Profitability
Industry RankSector Rank
ROA 1.6%
ROE 2.82%
ROCE 1.48%
ROIC 1.08%
ROICexc 1.08%
ROICexgc 1.08%
OM 8.05%
PM (TTM) 9.33%
GM 76.46%
FCFM 3.85%
ROA(3y)13.44%
ROA(5y)4.09%
ROE(3y)18.81%
ROE(5y)5.45%
ROIC(3y)10.9%
ROIC(5y)6.8%
ROICexc(3y)11.1%
ROICexc(5y)6.93%
ROICexgc(3y)11.12%
ROICexgc(5y)6.94%
ROCE(3y)14.52%
ROCE(5y)9.07%
ROICexcg growth 3Y110.8%
ROICexcg growth 5Y67.78%
ROICexc growth 3Y110.63%
ROICexc growth 5Y67.7%
OM growth 3Y85.44%
OM growth 5Y49.24%
PM growth 3YN/A
PM growth 5Y32.21%
GM growth 3Y-0.12%
GM growth 5Y-0.79%
F-Score3
Asset Turnover0.17
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 40.55
Debt/EBITDA 3.3
Cap/Depr 122.38%
Cap/Sales 47.54%
Interest Coverage 250
Cash Conversion 109.58%
Profit Quality 41.23%
Current Ratio 0.75
Quick Ratio 0.75
Altman-Z 8.09
F-Score3
WACC7.77%
ROIC/WACC0.14
Cap/Depr(3y)166.52%
Cap/Depr(5y)157.57%
Cap/Sales(3y)37.79%
Cap/Sales(5y)50.23%
Profit Quality(3y)45.86%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-68.04%
EPS 3Y15.07%
EPS 5Y66.51%
EPS Q2Q%-125%
EPS Next Y-63.7%
EPS Next 2Y41.94%
EPS Next 3Y42.49%
EPS Next 5Y9.64%
Revenue 1Y (TTM)-14.12%
Revenue growth 3Y29.49%
Revenue growth 5Y17.78%
Sales Q2Q%-9.2%
Revenue Next Year5.18%
Revenue Next 2Y27.6%
Revenue Next 3Y19.55%
Revenue Next 5Y5.89%
EBIT growth 1Y-83.2%
EBIT growth 3Y140.13%
EBIT growth 5Y75.77%
EBIT Next Year114.77%
EBIT Next 3Y64.59%
EBIT Next 5Y23.83%
FCF growth 1Y-91.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-45.06%
OCF growth 3Y47.53%
OCF growth 5Y16.73%