ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis

TSX:ATH • CA04682R1073

8.36 CAD
-0.31 (-3.58%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Taking everything into account, ATH scores 6 out of 10 in our fundamental rating. ATH was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making ATH a very profitable company, without any liquidiy or solvency issues. ATH has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

8

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.
  • Of the past 5 years ATH 4 years had a positive operating cash flow.
ATH.CA Yearly Net Income VS EBIT VS OCF VS FCFATH.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 18.28%, ATH belongs to the top of the industry, outperforming 97.17% of the companies in the same industry.
  • The Return On Equity of ATH (26.00%) is better than 97.64% of its industry peers.
  • ATH has a Return On Invested Capital of 13.84%. This is amongst the best in the industry. ATH outperforms 96.70% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ATH is above the industry average of 6.50%.
  • The last Return On Invested Capital (13.84%) for ATH is above the 3 year average (10.38%), which is a sign of increasing profitability.
Industry RankSector 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
ATH.CA Yearly ROA, ROE, ROICATH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • With an excellent Profit Margin value of 33.84%, ATH belongs to the best of the industry, outperforming 96.23% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ATH has grown nicely.
  • ATH's Operating Margin of 30.10% is amongst the best of the industry. ATH outperforms 84.91% of its industry peers.
  • In the last couple of years the Operating Margin of ATH has grown nicely.
  • ATH has a better Gross Margin (62.58%) than 80.66% of its industry peers.
  • ATH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
ATH.CA Yearly Profit, Operating, Gross MarginsATH.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. Health

2.1 Basic Checks

  • ATH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • ATH has less shares outstanding than it did 1 year ago.
  • ATH has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ATH has an improved debt to assets ratio.
ATH.CA Yearly Shares OutstandingATH.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
ATH.CA Yearly Total Debt VS Total AssetsATH.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • ATH has an Altman-Z score of 4.36. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 4.36, ATH belongs to the best of the industry, outperforming 83.02% of the companies in the same industry.
  • 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.
  • ATH's Debt to FCF ratio of 0.92 is amongst the best of the industry. ATH outperforms 92.92% of its industry peers.
  • ATH has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • ATH has a better Debt to Equity ratio (0.11) than 70.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.92
Altman-Z 4.36
ROIC/WACC1.71
WACC8.09%
ATH.CA Yearly LT Debt VS Equity VS FCFATH.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 2.02 indicates that ATH has no problem at all paying its short term obligations.
  • ATH has a better Current ratio (2.02) than 80.19% of its industry peers.
  • ATH has a Quick Ratio of 1.84. This is a normal value and indicates that ATH is financially healthy and should not expect problems in meeting its short term obligations.
  • With an excellent Quick ratio value of 1.84, ATH belongs to the best of the industry, outperforming 81.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.02
Quick Ratio 1.84
ATH.CA Yearly Current Assets VS Current LiabilitesATH.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 117.07% over the past year.
  • 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

  • ATH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.83% yearly.
  • 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.
  • 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.
ATH.CA Yearly Revenue VS EstimatesATH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
ATH.CA Yearly EPS VS EstimatesATH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 1 -1

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 9.39, the valuation of ATH can be described as very reasonable.
  • 75.94% of the companies in the same industry are more expensive than ATH, based on the Price/Earnings ratio.
  • ATH is valuated cheaply when we compare the Price/Earnings ratio to 27.97, which is the current average of the S&P500 Index.
  • ATH is valuated rather expensively with a Price/Forward Earnings ratio of 22.37.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ATH is on the same level as its industry peers.
  • ATH's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.96.
Industry RankSector Rank
PE 9.39
Fwd PE 22.37
ATH.CA Price Earnings VS Forward Price EarningsATH.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ATH is valued a bit cheaper than the industry average as 77.36% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 67.45% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 18.87
EV/EBITDA 7.31
ATH.CA Per share dataATH.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

  • The excellent profitability rating of ATH may justify a higher PE ratio.
  • ATH's earnings are expected to decrease with -9.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y-34.08%
EPS Next 3Y-9.55%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ATH!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ATHABASCA OIL CORP

TSX:ATH (2/12/2026, 7:00:00 PM)

8.36

-0.31 (-3.58%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-28
Earnings (Next)03-04
Inst Owners22.07%
Inst Owner ChangeN/A
Ins Owners2.14%
Ins Owner ChangeN/A
Market Cap4.06B
Revenue(TTM)1.37B
Net Income(TTM)462.85M
Analysts73.85
Price Target8.08 (-3.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
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)-8.61%
Min EPS beat(2)-16.22%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)51.31%
Min EPS beat(4)-16.22%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)14.22%
EPS beat(12)1
Avg EPS beat(12)-60.64%
EPS beat(16)4
Avg EPS beat(16)159.72%
Revenue beat(2)0
Avg Revenue beat(2)-28.36%
Min Revenue beat(2)-32.85%
Max Revenue beat(2)-23.87%
Revenue beat(4)0
Avg Revenue beat(4)-29.49%
Min Revenue beat(4)-32.85%
Max Revenue beat(4)-23.87%
Revenue beat(8)0
Avg Revenue beat(8)-28.12%
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)3.64%
PT rev (3m)13.1%
EPS NQ rev (1m)-6.67%
EPS NQ rev (3m)-6.67%
EPS NY rev (1m)0.94%
EPS NY rev (3m)0.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 9.39
Fwd PE 22.37
P/S 2.97
P/FCF 18.87
P/OCF 7.51
P/B 2.28
P/tB 2.28
EV/EBITDA 7.31
EPS(TTM)0.89
EY10.65%
EPS(NY)0.37
Fwd EY4.47%
FCF(TTM)0.44
FCFY5.3%
OCF(TTM)1.11
OCFY13.31%
SpS2.81
BVpS3.66
TBVpS3.66
PEG (NY)N/A
PEG (5Y)0.11
Graham Number8.56
Profitability
Industry RankSector Rank
ROA 18.28%
ROE 26%
ROCE 18.1%
ROIC 13.84%
ROICexc 16.23%
ROICexgc 16.23%
OM 30.1%
PM (TTM) 33.84%
GM 62.58%
FCFM 15.74%
ROA(3y)14.02%
ROA(5y)4.44%
ROE(3y)19%
ROE(5y)-2.87%
ROIC(3y)10.38%
ROIC(5y)N/A
ROICexc(3y)12.18%
ROICexc(5y)N/A
ROICexgc(3y)12.18%
ROICexgc(5y)N/A
ROCE(3y)13.57%
ROCE(5y)N/A
ROICexgc growth 3Y41.66%
ROICexgc growth 5Y42.21%
ROICexc growth 3Y41.66%
ROICexc growth 5Y42.21%
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%
F-Score7
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.92
Debt/EBITDA 0.37
Cap/Depr 259.53%
Cap/Sales 23.8%
Interest Coverage 25.09
Cash Conversion 100.69%
Profit Quality 46.53%
Current Ratio 2.02
Quick Ratio 1.84
Altman-Z 4.36
F-Score7
WACC8.09%
ROIC/WACC1.71
Cap/Depr(3y)160.94%
Cap/Depr(5y)134.97%
Cap/Sales(3y)14.51%
Cap/Sales(5y)15.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)117.07%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%16.67%
EPS Next Y-37.17%
EPS Next 2Y-34.08%
EPS Next 3Y-9.55%
EPS Next 5Y6.83%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%-9.68%
Revenue Next Year-4.05%
Revenue Next 2Y-3.43%
Revenue Next 3Y-29.22%
Revenue Next 5YN/A
EBIT growth 1Y14.17%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year85.13%
EBIT Next 3Y32.15%
EBIT Next 5Y27.92%
FCF growth 1Y36.73%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y99.14%
OCF growth 3Y42.1%
OCF growth 5Y43.2%

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 9.39 and the Price/Book (PB) ratio is 2.28.