ATHABASCA OIL CORP (ATH.CA) Fundamental Analysis & Valuation

TSX:ATHCA04682R1073

Current stock price

10.62 CAD
+0.41 (+4.02%)
Last:

This ATH.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. ATH.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ATH was profitable.
  • In the past year ATH had a positive cash flow from operations.
  • Of the past 5 years ATH 4 years were profitable.
  • ATH had a positive operating cash flow in each of the past 5 years.
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 2025 0 500M -500M

1.2 Ratios

  • ATH has a better Return On Assets (9.61%) than 94.29% of its industry peers.
  • ATH has a better Return On Equity (13.82%) than 90.95% of its industry peers.
  • ATH's Return On Invested Capital of 12.48% is amongst the best of the industry. ATH outperforms 96.67% of its industry peers.
  • 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 RankSector 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%
ATH.CA Yearly ROA, ROE, ROICATH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

1.3 Margins

  • ATH's Profit Margin of 18.66% is amongst the best of the industry. ATH outperforms 82.38% of its industry peers.
  • ATH's Profit Margin has declined in the last couple of years.
  • ATH's Operating Margin of 28.34% is amongst the best of the industry. ATH outperforms 82.86% of its industry peers.
  • ATH's Operating Margin has improved in the last couple of years.
  • ATH has a Gross Margin of 62.86%. This is in the better half of the industry: ATH outperforms 80.00% of its industry peers.
  • ATH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
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 2025 0 -100 -200 -300 -400

8

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.
  • The number of shares outstanding for ATH has been reduced compared to 1 year ago.
  • ATH has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ATH has been reduced compared to a year ago.
ATH.CA Yearly Shares OutstandingATH.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 4.83 indicates that ATH is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.83, ATH belongs to the top of the industry, outperforming 84.76% of the companies in the same industry.
  • 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.
  • ATH's Debt to FCF ratio of 1.00 is amongst the best of the industry. ATH outperforms 92.86% 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.
  • 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 RankSector Rank
Debt/Equity 0.11
Debt/FCF 1
Altman-Z 4.83
ROIC/WACC1.59
WACC7.87%
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 2025 0 500M 1B 1.5B

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 76.67% 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.
  • ATH has a Quick ratio of 1.62. This is in the better half of the industry: ATH outperforms 74.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.78
Quick Ratio 1.62
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 2025 200M 400M 600M

5

3. ATH.CA Growth Analysis

3.1 Past

  • ATH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.02%.
  • ATH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.86% yearly.
  • 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

  • Based on estimates for the next years, ATH will show a very strong growth in Earnings Per Share. The EPS will grow by 31.73% on average per year.
  • 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.
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 2028 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

4

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.67, ATH is valued on the expensive side.
  • Based on the Price/Earnings ratio, ATH is valued a bit cheaper than 68.10% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.78, ATH is valued at the same level.
  • ATH is valuated quite expensively with a Price/Forward Earnings ratio of 32.86.
  • 62.86% 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 23.54. ATH is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 21.67
Fwd PE 32.86
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATH is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 67.14% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 25.76
EV/EBITDA 9.5
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.
  • A more expensive valuation may be justified as ATH's earnings are expected to grow with 31.73% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.87%
EPS Next 3Y31.73%

0

5. ATH.CA Dividend Analysis

5.1 Amount

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

ATH.CA Fundamentals: All Metrics, Ratios and Statistics

ATHABASCA OIL CORP

TSX:ATH (4/10/2026, 7:00:00 PM)

10.62

+0.41 (+4.02%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-04
Earnings (Next)05-05
Inst Owners24.4%
Inst Owner ChangeN/A
Ins Owners1.98%
Ins Owner ChangeN/A
Market Cap5.10B
Revenue(TTM)1.31B
Net Income(TTM)245.11M
Analysts73.33
Price Target9.31 (-12.34%)
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)-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 RankSector Rank
PE 21.67
Fwd PE 32.86
P/S 3.88
P/FCF 25.76
P/OCF 9.8
P/B 2.87
P/tB 2.87
EV/EBITDA 9.5
EPS(TTM)0.49
EY4.61%
EPS(NY)0.32
Fwd EY3.04%
FCF(TTM)0.41
FCFY3.88%
OCF(TTM)1.08
OCFY10.21%
SpS2.74
BVpS3.7
TBVpS3.7
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.38
Profitability
Industry RankSector 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 RankSector 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 4.83
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.