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.

8

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.
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 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 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

  • 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 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
  • Compared to 5 years ago, ATH has less shares outstanding
  • 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 5.04 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 RankSector Rank
Debt/Equity 0.11
Debt/FCF 1
Altman-Z 5.04
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 76.19% 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 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.
  • 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.
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

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4

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 RankSector Rank
PE 22.04
Fwd PE 33.42
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 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 RankSector Rank
P/FCF 26.2
EV/EBITDA 10.06
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%

More info and screens

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%

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 (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
Earnings (Next)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 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 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 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 5.04
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.