ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ATH • CA04682R1073
7.99 CAD
-0.32 (-3.85%)
Last: Jan 30, 2026, 07:00 PM
Overall ATH gets a fundamental rating of 6 out of 10. We evaluated ATH against 206 industry peers in the Oil, Gas & Consumable Fuels industry. ATH has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ATH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year ATH was profitable.
- ATH had a positive operating cash flow in the past year.
- 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 18.28%, ATH belongs to the top of the industry, outperforming 97.09% of the companies in the same industry.
- The Return On Equity of ATH (26.00%) is better than 97.57% of its industry peers.
- ATH's Return On Invested Capital of 13.84% is amongst the best of the industry. ATH outperforms 96.60% of its industry peers.
- ATH had an Average Return On Invested Capital over the past 3 years of 10.38%. This is above the industry average of 6.62%.
- The 3 year average ROIC (10.38%) for ATH is below the current ROIC(13.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.28% | ||
| ROE | 26% | ||
| ROIC | 13.84% |
ROA(3y)14.02%
ROA(5y)4.44%
ROE(3y)19%
ROE(5y)-2.87%
ROIC(3y)10.38%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 33.84%, ATH belongs to the top of the industry, outperforming 95.63% of the companies in the same industry.
- In the last couple of years the Profit Margin of ATH has grown nicely.
- The Operating Margin of ATH (30.10%) is better than 84.95% of its industry peers.
- In the last couple of years the Operating Margin of ATH has grown nicely.
- ATH has a Gross Margin of 62.58%. This is amongst the best in the industry. ATH outperforms 81.07% of its industry peers.
- In the last couple of years the Gross Margin of ATH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.1% | ||
| PM (TTM) | 33.84% | ||
| GM | 62.58% |
OM growth 3Y38.33%
OM growth 5Y30.41%
PM growth 3Y-14.63%
PM growth 5Y1.59%
GM growth 3Y1.13%
GM growth 5Y-0.42%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATH is creating some value.
- Compared to 1 year ago, ATH has less shares outstanding
- ATH has less shares outstanding than it did 5 years ago.
- ATH has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.34 indicates that ATH is not in any danger for bankruptcy at the moment.
- The Altman-Z score of ATH (4.34) is better than 82.52% of its industry peers.
- ATH has a debt to FCF ratio of 0.92. This is a very positive value and a sign of high solvency as it would only need 0.92 years to pay back of all of its debts.
- The Debt to FCF ratio of ATH (0.92) is better than 92.23% of its industry peers.
- A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
- ATH has a better Debt to Equity ratio (0.11) than 69.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 4.34 |
ROIC/WACC1.71
WACC8.09%
2.3 Liquidity
- A Current Ratio of 2.02 indicates that ATH has no problem at all paying its short term obligations.
- The Current ratio of ATH (2.02) is better than 79.13% of its industry peers.
- A Quick Ratio of 1.84 indicates that ATH should not have too much problems paying its short term obligations.
- ATH has a Quick ratio of 1.84. This is amongst the best in the industry. ATH outperforms 80.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.84 |
3. Growth
3.1 Past
- ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 117.07%, which is quite impressive.
- The Earnings Per Share has been growing by 84.71% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 3.40% in the past year.
- The Revenue has been growing by 11.85% on average over the past years. This is quite good.
EPS 1Y (TTM)117.07%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%16.67%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-9.68%
3.2 Future
- Based on estimates for the next years, ATH will show a small growth in Earnings Per Share. The EPS will grow by 6.83% on average per year.
- ATH is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -29.22% yearly.
EPS Next Y-37.17%
EPS Next 2Y-34.08%
EPS Next 3Y-9.55%
EPS Next 5Y6.83%
Revenue Next Year-4.05%
Revenue Next 2Y-3.43%
Revenue Next 3Y-29.22%
Revenue Next 5YN/A
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 decreasing.
- 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 8.98, the valuation of ATH can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 75.73% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.30. ATH is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 21.38, ATH is valued on the expensive side.
- ATH's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. ATH is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.98 | ||
| Fwd PE | 21.38 |
4.2 Price Multiples
- ATH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ATH is cheaper than 77.18% of the companies in the same industry.
- ATH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ATH is cheaper than 66.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.04 | ||
| EV/EBITDA | 7.27 |
4.3 Compensation for Growth
- The excellent profitability rating of ATH may justify a higher PE ratio.
- A cheap valuation may be justified as ATH's earnings are expected to decrease with -9.55% in the coming years.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y-34.08%
EPS Next 3Y-9.55%
5. Dividend
5.1 Amount
- ATH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ATHABASCA OIL CORP / ATH.CA FAQ
What is the ChartMill fundamental rating of ATHABASCA OIL CORP (ATH.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to ATH.CA.
What is the valuation status for ATH stock?
ChartMill assigns a valuation rating of 5 / 10 to ATHABASCA OIL CORP (ATH.CA). This can be considered as Fairly Valued.
How profitable is ATHABASCA OIL CORP (ATH.CA) stock?
ATHABASCA OIL CORP (ATH.CA) has a profitability rating of 8 / 10.
What is the valuation of ATHABASCA OIL CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ATHABASCA OIL CORP (ATH.CA) is 8.98 and the Price/Book (PB) ratio is 2.18.