ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ATH • CA04682R1073
7.92 CAD
-0.07 (-0.88%)
Last: Feb 2, 2026, 07:00 PM
ATH gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 216 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.
- In multiple years ATH reported negative net income over the last 5 years.
- ATH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ATH has a Return On Assets of 18.28%. This is amongst the best in the industry. ATH outperforms 97.22% of its industry peers.
- The Return On Equity of ATH (26.00%) is better than 97.69% of its industry peers.
- ATH has a better Return On Invested Capital (13.84%) than 96.76% 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 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
- ATH's Profit Margin of 33.84% is amongst the best of the industry. ATH outperforms 95.83% of its industry peers.
- 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 84.72% 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 80.56% 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ATH is still creating some value.
- ATH has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for ATH has been reduced 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 4.19. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
- ATH has a better Altman-Z score (4.19) than 83.33% of its industry peers.
- The Debt to FCF ratio of ATH is 0.92, which is an excellent value as it means it would take ATH, only 0.92 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ATH (0.92) is better than 92.59% 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.
- With a decent Debt to Equity ratio value of 0.11, ATH is doing good in the industry, outperforming 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 4.19 |
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 79.63% 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 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.84 |
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
- Looking at the last year, ATH shows a small growth in Revenue. The Revenue has grown by 3.40% in the last 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.
- Based on estimates for the next years, ATH will show a very negative growth in Revenue. The Revenue will decrease by -29.22% on average per year.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.90, the valuation of ATH can be described as reasonable.
- Based on the Price/Earnings ratio, ATH is valued a bit cheaper than the industry average as 78.24% of the companies are valued more expensively.
- ATH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.41.
- Based on the Price/Forward Earnings ratio of 21.19, the valuation of ATH can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as ATH.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, ATH is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 21.19 |
4.2 Price Multiples
- 82.87% of the companies in the same industry are more expensive than ATH, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 67.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.88 | ||
| EV/EBITDA | 6.91 |
4.3 Compensation for Growth
- ATH has an outstanding profitability rating, which 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% |
TSX:ATH (2/2/2026, 7:00:00 PM)
7.92
-0.07 (-0.88%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)03-04 2026-03-04/amc
Inst Owners22.07%
Inst Owner ChangeN/A
Ins Owners2.14%
Ins Owner ChangeN/A
Market Cap3.85B
Revenue(TTM)1.37B
Net Income(TTM)462.85M
Analysts73.85
Price Target7.85 (-0.88%)
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)-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)0.73%
PT rev (3m)9.92%
EPS NQ rev (1m)-6.67%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)0.94%
EPS NY rev (3m)1.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.9 | ||
| Fwd PE | 21.19 | ||
| P/S | 2.81 | ||
| P/FCF | 17.88 | ||
| P/OCF | 7.12 | ||
| P/B | 2.16 | ||
| P/tB | 2.16 | ||
| EV/EBITDA | 6.91 |
EPS(TTM)0.89
EY11.24%
EPS(NY)0.37
Fwd EY4.72%
FCF(TTM)0.44
FCFY5.59%
OCF(TTM)1.11
OCFY14.05%
SpS2.81
BVpS3.66
TBVpS3.66
PEG (NY)N/A
PEG (5Y)0.11
Graham Number8.56
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 4.19 |
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 8.9 and the Price/Book (PB) ratio is 2.16.