ATHABASCA OIL CORP (ATH.CA) Fundamental Analysis & Valuation
TSX:ATH • CA04682R1073
Current stock price
10.8 CAD
+0.48 (+4.65%)
Last:
This ATH.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ATH.CA Profitability Analysis
1.1 Basic Checks
- In the past year ATH was profitable.
- ATH had a positive operating cash flow in the past year.
- ATH had positive earnings in 4 of the past 5 years.
- In the past 5 years ATH always reported a positive cash flow from operatings.
1.2 Ratios
- ATH has a Return On Assets of 9.61%. This is amongst the best in the industry. ATH outperforms 93.81% of its industry peers.
- With an excellent Return On Equity value of 13.82%, ATH belongs to the best of the industry, outperforming 90.95% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 12.48%, ATH belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
- ATH had an Average Return On Invested Capital over the past 3 years of 11.56%. This is above the industry average of 6.90%.
- The 3 year average ROIC (11.56%) for ATH is below the current ROIC(12.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 13.82% | ||
| ROIC | 12.48% |
ROA(3y)8.67%
ROA(5y)15.59%
ROE(3y)12.45%
ROE(5y)23.08%
ROIC(3y)11.56%
ROIC(5y)9.69%
1.3 Margins
- Looking at the Profit Margin, with a value of 18.66%, ATH belongs to the top of the industry, outperforming 82.38% of the companies in the same industry.
- In the last couple of years the Profit Margin of ATH has declined.
- Looking at the Operating Margin, with a value of 28.34%, ATH belongs to the top of the industry, outperforming 83.81% of the companies in the same industry.
- ATH's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 62.86%, ATH belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
- ATH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.34% | ||
| PM (TTM) | 18.66% | ||
| GM | 62.86% |
OM growth 3Y15.44%
OM growth 5YN/A
PM growth 3Y-26.37%
PM growth 5YN/A
GM growth 3Y1.81%
GM growth 5Y-0.11%
2. ATH.CA Health Analysis
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.
- Compared to 1 year ago, ATH has less shares outstanding
- Compared to 5 years ago, ATH has less shares outstanding
- ATH has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 5.04 indicates that ATH is not in any danger for bankruptcy at the moment.
- The Altman-Z score of ATH (5.04) is better than 84.76% of its industry peers.
- ATH has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 1.00, ATH belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
- A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.11, ATH is in the better half of the industry, outperforming 71.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1 | ||
| Altman-Z | 5.04 |
ROIC/WACC1.59
WACC7.87%
2.3 Liquidity
- A Current Ratio of 1.78 indicates that ATH should not have too much problems paying its short term obligations.
- ATH's Current ratio of 1.78 is fine compared to the rest of the industry. ATH outperforms 76.19% of its industry peers.
- ATH has a Quick Ratio of 1.62. This is a normal value and indicates that ATH is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.62, ATH is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.62 |
3. ATH.CA Growth Analysis
3.1 Past
- The earnings per share for ATH have decreased strongly by -43.02% in the last year.
- Measured over the past years, ATH shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.86% on average per year.
- ATH shows a decrease in Revenue. In the last year, the revenue decreased by -4.07%.
- ATH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.12% yearly.
EPS 1Y (TTM)-43.02%
EPS 3Y26.86%
EPS 5YN/A
EPS Q2Q%-80%
Revenue 1Y (TTM)-4.07%
Revenue growth 3Y2.37%
Revenue growth 5Y21.12%
Sales Q2Q%-14.59%
3.2 Future
- ATH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.73% yearly.
- The Revenue is expected to decrease by -62.75% on average over the next years. This is quite bad
EPS Next Y-34.04%
EPS Next 2Y8.87%
EPS Next 3Y31.73%
EPS Next 5YN/A
Revenue Next Year-8.5%
Revenue Next 2Y-20.76%
Revenue Next 3Y-62.75%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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.
4. ATH.CA Valuation Analysis
4.1 Price/Earnings Ratio
- ATH is valuated rather expensively with a Price/Earnings ratio of 22.04.
- Compared to the rest of the industry, the Price/Earnings ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 66.67% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.17. ATH is around the same levels.
- ATH is valuated quite expensively with a Price/Forward Earnings ratio of 33.42.
- 61.90% of the companies in the same industry are more expensive than ATH, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 23.05. ATH is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.04 | ||
| Fwd PE | 33.42 |
4.2 Price Multiples
- ATH's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.2 | ||
| EV/EBITDA | 10.06 |
4.3 Compensation for Growth
- ATH has an outstanding profitability rating, which may justify a higher PE ratio.
- ATH's earnings are expected to grow with 31.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.87%
EPS Next 3Y31.73%
5. ATH.CA Dividend Analysis
5.1 Amount
- No dividends for ATH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ATH.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:ATH (4/2/2026, 7:00:00 PM)
10.8
+0.48 (+4.65%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-04 2026-03-04/amc
Earnings (Next)05-05 2026-05-05
Inst Owners24.07%
Inst Owner ChangeN/A
Ins Owners1.96%
Ins Owner ChangeN/A
Market Cap5.18B
Revenue(TTM)1.31B
Net Income(TTM)245.11M
Analysts73.33
Price Target9.04 (-16.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)-13.82%
Min EPS beat(2)-26.66%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-12.87%
Min EPS beat(4)-26.66%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)16.51%
EPS beat(12)1
Avg EPS beat(12)-62.78%
EPS beat(16)3
Avg EPS beat(16)-52.28%
Revenue beat(2)0
Avg Revenue beat(2)-30.71%
Min Revenue beat(2)-37.55%
Max Revenue beat(2)-23.87%
Revenue beat(4)0
Avg Revenue beat(4)-31.15%
Min Revenue beat(4)-37.55%
Max Revenue beat(4)-23.87%
Revenue beat(8)0
Avg Revenue beat(8)-28.68%
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)12.72%
PT rev (3m)16%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-33.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.86%
Revenue NY rev (3m)-5.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.04 | ||
| Fwd PE | 33.42 | ||
| P/S | 3.95 | ||
| P/FCF | 26.2 | ||
| P/OCF | 9.96 | ||
| P/B | 2.92 | ||
| P/tB | 2.92 | ||
| EV/EBITDA | 10.06 |
EPS(TTM)0.49
EY4.54%
EPS(NY)0.32
Fwd EY2.99%
FCF(TTM)0.41
FCFY3.82%
OCF(TTM)1.08
OCFY10.04%
SpS2.74
BVpS3.7
TBVpS3.7
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 13.82% | ||
| ROCE | 16.4% | ||
| ROIC | 12.48% | ||
| ROICexc | 14.5% | ||
| ROICexgc | 14.5% | ||
| OM | 28.34% | ||
| PM (TTM) | 18.66% | ||
| GM | 62.86% | ||
| FCFM | 15.06% |
ROA(3y)8.67%
ROA(5y)15.59%
ROE(3y)12.45%
ROE(5y)23.08%
ROIC(3y)11.56%
ROIC(5y)9.69%
ROICexc(3y)13.7%
ROICexc(5y)11.35%
ROICexgc(3y)13.7%
ROICexgc(5y)11.35%
ROCE(3y)15.19%
ROCE(5y)12.73%
ROICexgc growth 3Y14.09%
ROICexgc growth 5YN/A
ROICexc growth 3Y14.09%
ROICexc growth 5YN/A
OM growth 3Y15.44%
OM growth 5YN/A
PM growth 3Y-26.37%
PM growth 5YN/A
GM growth 3Y1.81%
GM growth 5Y-0.11%
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1 | ||
| Debt/EBITDA | 0.39 | ||
| Cap/Depr | 245.65% | ||
| Cap/Sales | 24.55% | ||
| Interest Coverage | 22.49 | ||
| Cash Conversion | 103.34% | ||
| Profit Quality | 80.75% | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 5.04 |
F-Score5
WACC7.87%
ROIC/WACC1.59
Cap/Depr(3y)201.75%
Cap/Depr(5y)164.38%
Cap/Sales(3y)18.68%
Cap/Sales(5y)15.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.02%
EPS 3Y26.86%
EPS 5YN/A
EPS Q2Q%-80%
EPS Next Y-34.04%
EPS Next 2Y8.87%
EPS Next 3Y31.73%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.07%
Revenue growth 3Y2.37%
Revenue growth 5Y21.12%
Sales Q2Q%-14.59%
Revenue Next Year-8.5%
Revenue Next 2Y-20.76%
Revenue Next 3Y-62.75%
Revenue Next 5YN/A
EBIT growth 1Y-10.06%
EBIT growth 3Y18.18%
EBIT growth 5YN/A
EBIT Next Year43.74%
EBIT Next 3Y43.07%
EBIT Next 5YN/A
FCF growth 1Y-31.52%
FCF growth 3Y5.57%
FCF growth 5YN/A
OCF growth 1Y-6.65%
OCF growth 3Y18.15%
OCF growth 5YN/A
ATHABASCA OIL CORP / ATH.CA Fundamental Analysis 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 4 / 10 to ATHABASCA OIL CORP (ATH.CA). This can be considered as Fairly Valued.
What is the profitability of ATH stock?
ATHABASCA OIL CORP (ATH.CA) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for ATH stock?
The Earnings per Share (EPS) of ATHABASCA OIL CORP (ATH.CA) is expected to decline by -34.04% in the next year.