ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
TSX:ATH - Toronto Stock Exchange - CA04682R1073 - Common Stock - Currency: CAD
ATH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 221 industry peers in the Oil, Gas & Consumable Fuels industry. ATH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ATH may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, ATH could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
ATH had positive earnings in the past year.
In the past year ATH had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ATH reported negative net income in multiple years.
ATH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.33%, ATH belongs to the top of the industry, outperforming 92.76% of the companies in the same industry.
With an excellent Return On Equity value of 14.81%, ATH belongs to the best of the industry, outperforming 87.78% of the companies in the same industry.
ATH has a Return On Invested Capital of 12.75%. This is amongst the best in the industry. ATH outperforms 94.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ATH is in line with the industry average of 7.70%.
The last Return On Invested Capital (12.75%) for ATH is above the 3 year average (6.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.33% | ||
| ROE | 14.81% | ||
| ROIC | 12.75% |
ROA(3y)16.48%
ROA(5y)3.02%
ROE(3y)24.94%
ROE(5y)-4.18%
ROIC(3y)6.89%
ROIC(5y)N/A
1.3 Margins
ATH's Profit Margin of 17.45% is fine compared to the rest of the industry. ATH outperforms 79.19% of its industry peers.
ATH has a better Operating Margin (27.26%) than 80.09% of its industry peers.
With a decent Gross Margin value of 62.41%, ATH is doing good in the industry, outperforming 76.02% of the companies in the same industry.
In the last couple of years the Gross Margin of ATH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.26% | ||
| PM (TTM) | 17.45% | ||
| GM | 62.41% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.68%
GM growth 5Y4.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ATH is still creating some value.
The number of shares outstanding for ATH has been reduced compared to 1 year ago.
The number of shares outstanding for ATH has been increased compared to 5 years ago.
ATH has a better debt/assets ratio than last year.
2.2 Solvency
ATH has an Altman-Z score of 3.09. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.09, ATH belongs to the best of the industry, outperforming 83.26% of the companies in the same industry.
The Debt to FCF ratio of ATH is 0.68, which is an excellent value as it means it would take ATH, only 0.68 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.68, ATH belongs to the best of the industry, outperforming 93.67% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that ATH is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.13, ATH is doing good in the industry, outperforming 67.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | 3.09 |
ROIC/WACC1.58
WACC8.05%
2.3 Liquidity
ATH has a Current Ratio of 2.54. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
ATH's Current ratio of 2.54 is amongst the best of the industry. ATH outperforms 83.71% of its industry peers.
A Quick Ratio of 2.32 indicates that ATH has no problem at all paying its short term obligations.
ATH has a Quick ratio of 2.32. This is amongst the best in the industry. ATH outperforms 83.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.32 |
3. Growth
3.1 Past
ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 327.78%, which is quite impressive.
The Revenue has grown by 17.02% in the past year. This is quite good.
ATH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.06% yearly.
EPS 1Y (TTM)327.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.71%
Revenue 1Y (TTM)17.02%
Revenue growth 3Y32.68%
Revenue growth 5Y9.06%
Sales Q2Q%0.94%
3.2 Future
ATH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 76.08% yearly.
Based on estimates for the next years, ATH will show a very negative growth in Revenue. The Revenue will decrease by -52.54% on average per year.
EPS Next Y450.13%
EPS Next 2Y145.08%
EPS Next 3Y87.38%
EPS Next 5Y76.08%
Revenue Next Year-11.36%
Revenue Next 2Y-1.38%
Revenue Next 3Y-19.6%
Revenue Next 5Y-52.54%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.71, the valuation of ATH can be described as reasonable.
Based on the Price/Earnings ratio, ATH is valued a bit cheaper than 66.06% of the companies in the same industry.
ATH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
With a Price/Forward Earnings ratio of 7.99, the valuation of ATH can be described as very cheap.
66.06% of the companies in the same industry are more expensive than ATH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, ATH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 7.99 |
4.2 Price Multiples
80.09% of the companies in the same industry are more expensive than ATH, based on the Enterprise Value to EBITDA ratio.
76.92% of the companies in the same industry are more expensive than ATH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.57 | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ATH may justify a higher PE ratio.
ATH's earnings are expected to grow with 87.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y145.08%
EPS Next 3Y87.38%
5. Dividend
5.1 Amount
ATH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ATH (3/7/2025, 7:00:00 PM)
4.8
+0.22 (+4.8%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners25.18%
Inst Owner ChangeN/A
Ins Owners1.61%
Ins Owner ChangeN/A
Market Cap2.47B
Analysts73.85
Price Target6.49 (35.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend4.35
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.55%
Min EPS beat(2)-32.11%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-22.86%
Min EPS beat(4)-44.99%
Max EPS beat(4)-0.99%
EPS beat(8)0
Avg EPS beat(8)-116.61%
EPS beat(12)3
Avg EPS beat(12)195.85%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-22.49%
Min Revenue beat(2)-26.67%
Max Revenue beat(2)-18.31%
Revenue beat(4)0
Avg Revenue beat(4)-26.76%
Min Revenue beat(4)-33.13%
Max Revenue beat(4)-18.31%
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)-0.44%
PT rev (3m)0.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 7.99 | ||
| P/S | 1.86 | ||
| P/FCF | 8.57 | ||
| P/OCF | 4.91 | ||
| P/B | 1.58 | ||
| P/tB | 1.58 | ||
| EV/EBITDA | 4.95 |
EPS(TTM)0.41
EY8.54%
EPS(NY)0.6
Fwd EY12.52%
FCF(TTM)0.56
FCFY11.67%
OCF(TTM)0.98
OCFY20.36%
SpS2.58
BVpS3.03
TBVpS3.03
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.33% | ||
| ROE | 14.81% | ||
| ROCE | 17.71% | ||
| ROIC | 12.75% | ||
| ROICexc | 15.26% | ||
| ROICexgc | 15.26% | ||
| OM | 27.26% | ||
| PM (TTM) | 17.45% | ||
| GM | 62.41% | ||
| FCFM | 21.75% |
ROA(3y)16.48%
ROA(5y)3.02%
ROE(3y)24.94%
ROE(5y)-4.18%
ROIC(3y)6.89%
ROIC(5y)N/A
ROICexc(3y)8.06%
ROICexc(5y)N/A
ROICexgc(3y)8.06%
ROICexgc(5y)N/A
ROCE(3y)9.56%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.68%
GM growth 5Y4.92%
F-Score7
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.68 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 195.82% | ||
| Cap/Sales | 16.2% | ||
| Interest Coverage | 13.86 | ||
| Cash Conversion | 106.8% | ||
| Profit Quality | 124.63% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.32 | ||
| Altman-Z | 3.09 |
F-Score7
WACC8.05%
ROIC/WACC1.58
Cap/Depr(3y)114.29%
Cap/Depr(5y)118.25%
Cap/Sales(3y)11.65%
Cap/Sales(5y)16.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)327.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.71%
EPS Next Y450.13%
EPS Next 2Y145.08%
EPS Next 3Y87.38%
EPS Next 5Y76.08%
Revenue 1Y (TTM)17.02%
Revenue growth 3Y32.68%
Revenue growth 5Y9.06%
Sales Q2Q%0.94%
Revenue Next Year-11.36%
Revenue Next 2Y-1.38%
Revenue Next 3Y-19.6%
Revenue Next 5Y-52.54%
EBIT growth 1Y135.12%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2677.83%
EBIT Next 3Y213.84%
EBIT Next 5Y146.88%
FCF growth 1Y64.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y53.31%
OCF growth 3YN/A
OCF growth 5Y29.53%