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.
  • Of the past 5 years ATH 4 years were profitable.
  • Each year in the past 5 years ATH had a positive operating cash flow.
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.
  • 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.
  • The Return On Invested Capital of ATH (12.48%) is better than 97.14% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ATH is above the industry average of 6.65%.
  • 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

  • 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.
  • 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 83.81% of its industry peers.
  • In the last couple of years the Operating Margin of ATH has grown nicely.
  • ATH's Gross Margin of 62.86% is amongst the best of 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

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATH 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.
  • Compared to 1 year ago, ATH has an improved debt to assets ratio.
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.
  • Looking at the Altman-Z score, with a value of 5.04, 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 has a Debt to FCF ratio of 1.00. This is amongst the best in 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.
  • The Debt to Equity ratio of ATH (0.11) is better than 71.90% of its industry peers.
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

  • 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.
  • ATH has a Current ratio of 1.78. This is in the better half 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.
  • The Quick ratio of ATH (1.62) is better than 73.81% 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

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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

  • ATH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.02%.
  • The Earnings Per Share has been growing by 26.86% on average over the past years. This is a very strong growth
  • Looking at the last year, ATH shows a decrease in Revenue. The Revenue has decreased by -4.07% in the last year.
  • The Revenue has been growing by 21.12% on average over the past years. This is a very strong growth!
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 -62.75% on average per year.
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

  • 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 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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Find the best growth stocksShow best growing peers

4

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 22.04, the valuation of ATH can be described as rather expensive.
  • 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 25.60. ATH is around the same levels.
  • The Price/Forward Earnings ratio is 33.42, which means the current valuation is very expensive for ATH.
  • Based on the Price/Forward Earnings ratio, ATH is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
  • ATH's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.84.
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

  • 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 (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.