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

TSX:ATH • CA04682R1073

Current stock price

10.89 CAD
+0.2 (+1.87%)
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

  • ATH had positive earnings in the past year.
  • 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 93.81% of its industry peers.
  • ATH's Return On Equity of 13.82% is amongst the best of the industry. ATH outperforms 90.95% of its industry peers.
  • ATH's Return On Invested Capital of 12.48% is amongst the best of the industry. ATH outperforms 97.14% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ATH is above the industry average of 6.65%.
  • 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 has a better Profit Margin (18.66%) than 82.38% of its industry peers.
  • In the last couple of years the Profit Margin of ATH has declined.
  • ATH has a Operating Margin of 28.34%. This is amongst the best in the industry. ATH outperforms 83.81% 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 amongst the best in the industry. ATH outperforms 80.95% 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 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

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.
  • 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.
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 5.00 indicates that ATH is not in any danger for bankruptcy at the moment.
  • ATH has a better Altman-Z score (5.00) than 84.29% of its industry peers.
  • The Debt to FCF ratio of ATH is 1.00, which is an excellent value as it means it would take ATH, only 1.00 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.00, ATH belongs to the top 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.
  • ATH's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. ATH outperforms 71.90% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1
Altman-Z 5
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

  • ATH has a Current Ratio of 1.78. This is a normal value and indicates that ATH is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Current ratio value of 1.78, ATH is doing good in the industry, outperforming 76.19% of the companies in the same industry.
  • 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 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

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

5

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.
  • Looking at the last year, ATH shows a decrease in Revenue. The Revenue has decreased by -4.07% in the last year.
  • Measured over the past years, ATH shows a very strong growth in Revenue. The Revenue has been growing by 21.12% on average per year.
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.
  • Based on estimates for the next years, ATH will show a very negative growth in Revenue. The Revenue will decrease by -42.17% on average per year.
EPS Next Y-34.04%
EPS Next 2Y8.87%
EPS Next 3Y31.73%
EPS Next 5YN/A
Revenue Next Year-2.81%
Revenue Next 2Y-42.17%
Revenue Next 3YN/A
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 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

4

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.22, which indicates a rather expensive current valuation of ATH.
  • Based on the Price/Earnings ratio, ATH is valued a bit cheaper than 66.19% of the companies in the same industry.
  • ATH is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 24.75, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 33.69, which means the current valuation is very expensive for ATH.
  • 61.43% of the companies in the same industry are more expensive than ATH, based on the Price/Forward Earnings ratio.
  • ATH is valuated expensively when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 22.22
Fwd PE 33.69
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

  • ATH's Enterprise Value to EBITDA is on the same level as the industry average.
  • 65.71% of the companies in the same industry are more expensive than ATH, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 26.42
EV/EBITDA 9.95
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

  • 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%

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

0

5. ATH.CA Dividend Analysis

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

ATH.CA Fundamentals: All Metrics, Ratios and Statistics

ATHABASCA OIL CORP

TSX:ATH (3/30/2026, 7:00:00 PM)

10.89

+0.2 (+1.87%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-04
Earnings (Next)05-05
Inst Owners24.07%
Inst Owner ChangeN/A
Ins Owners1.96%
Ins Owner ChangeN/A
Market Cap5.23B
Revenue(TTM)1.31B
Net Income(TTM)245.11M
Analysts75.38
Price Target9.04 (-16.99%)
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)-13.51%
EPS NY rev (3m)-33.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 22.22
Fwd PE 33.69
P/S 3.98
P/FCF 26.42
P/OCF 10.05
P/B 2.95
P/tB 2.95
EV/EBITDA 9.95
EPS(TTM)0.49
EY4.5%
EPS(NY)0.32
Fwd EY2.97%
FCF(TTM)0.41
FCFY3.79%
OCF(TTM)1.08
OCFY9.96%
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 5
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-2.81%
Revenue Next 2Y-42.17%
Revenue Next 3YN/A
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.


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 22.22 and the Price/Book (PB) ratio is 2.95.