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

TSX:ATH • CA04682R1073

Current stock price

9.54 CAD
-0.21 (-2.15%)
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 93.27% of its industry peers.
  • With an excellent Return On Equity value of 13.82%, ATH belongs to the best of the industry, outperforming 90.38% of the companies in the same industry.
  • The Return On Invested Capital of ATH (12.48%) is better than 96.63% 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 6.78%.
  • The last Return On Invested Capital (12.48%) for ATH is above the 3 year average (11.56%), which is a sign of increasing profitability.
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 Profit Margin of 18.66%. This is amongst the best in the industry. ATH outperforms 81.25% of its industry peers.
  • In the last couple of years the Profit Margin of ATH has declined.
  • ATH's Operating Margin of 28.34% is amongst the best of the industry. ATH outperforms 83.17% of its industry peers.
  • ATH's Operating Margin has improved in the last couple of years.
  • The Gross Margin of ATH (62.86%) is better than 80.77% 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. ATH.CA Health Analysis

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.
  • 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 4.58 indicates that ATH is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.58, ATH belongs to the top of the industry, outperforming 83.65% of the companies in the same industry.
  • 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.
  • The Debt to FCF ratio of ATH (1.00) is better than 92.31% 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 70.67% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1
Altman-Z 4.58
ROIC/WACC1.59
WACC7.86%
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 76.44% of its industry peers.
  • A Quick Ratio of 1.62 indicates that ATH should not have too much problems paying 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 74.04% 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.
  • The Earnings Per Share has been growing by 26.86% on average over the past years. This is a very strong growth
  • 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.
  • 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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • 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

5

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.47, ATH is valued on the expensive side.
  • Based on the Price/Earnings ratio, ATH is valued a bit cheaper than the industry average as 66.35% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 25.50. ATH is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 29.52, which means the current valuation is very expensive for ATH.
  • Based on the Price/Forward Earnings ratio, ATH is valued a bit cheaper than 60.10% of the companies in the same industry.
  • ATH's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.67.
Industry RankSector Rank
PE 19.47
Fwd PE 29.52
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 ratio is a bit cheaper when compared to the industry. ATH is cheaper than 67.31% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ATH indicates a somewhat cheap valuation: ATH is cheaper than 65.87% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 23.14
EV/EBITDA 8.86
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 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%

More info and screens

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

0

5. ATH.CA Dividend Analysis

5.1 Amount

  • ATH does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ATH.CA Fundamentals: All Metrics, Ratios and Statistics

ATHABASCA OIL CORP

TSX:ATH (3/23/2026, 7:00:00 PM)

9.54

-0.21 (-2.15%)

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 Cap4.58B
Revenue(TTM)1.31B
Net Income(TTM)245.11M
Analysts75.38
Price Target8.02 (-15.93%)
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)-0.7%
PT rev (3m)6.39%
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)-3.08%
Valuation
Industry RankSector Rank
PE 19.47
Fwd PE 29.52
P/S 3.49
P/FCF 23.14
P/OCF 8.8
P/B 2.58
P/tB 2.58
EV/EBITDA 8.86
EPS(TTM)0.49
EY5.14%
EPS(NY)0.32
Fwd EY3.39%
FCF(TTM)0.41
FCFY4.32%
OCF(TTM)1.08
OCFY11.36%
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 4.58
F-Score5
WACC7.86%
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 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 19.47 and the Price/Book (PB) ratio is 2.58.