ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis

TSX:ATH • CA04682R1073

9.01 CAD
+0.26 (+2.97%)
Last: Feb 19, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Taking everything into account, ATH scores 6 out of 10 in our fundamental rating. ATH was compared to 203 industry peers in the Oil, Gas & Consumable Fuels industry. ATH gets an excellent profitability rating and is at the same time showing great financial health properties. ATH is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

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.
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 0 500M -500M

1.2 Ratios

  • ATH's Return On Assets of 18.28% is amongst the best of the industry. ATH outperforms 97.04% of its industry peers.
  • Looking at the Return On Equity, with a value of 26.00%, ATH belongs to the top of the industry, outperforming 97.54% of the companies in the same industry.
  • ATH's Return On Invested Capital of 13.84% is amongst the best of the industry. ATH outperforms 96.55% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ATH is above the industry average of 6.56%.
  • 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 RankSector 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
ATH.CA Yearly ROA, ROE, ROICATH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • ATH's Profit Margin of 33.84% is amongst the best of the industry. ATH outperforms 96.06% of its industry peers.
  • In the last couple of years the Profit Margin of ATH has grown nicely.
  • ATH has a Operating Margin of 30.10%. This is amongst the best in the industry. ATH outperforms 84.24% of its industry peers.
  • ATH's Operating Margin has improved in the last couple of years.
  • The Gross Margin of ATH (62.58%) is better than 80.79% of its industry peers.
  • ATH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
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 0 -100 -200 -300 -400

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. Health

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.
  • The number of shares outstanding for ATH has been reduced compared to 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 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 500M 1B 1.5B 2B

2.2 Solvency

  • ATH has an Altman-Z score of 4.57. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
  • ATH has a better Altman-Z score (4.57) than 83.74% of its industry peers.
  • ATH has a debt to FCF ratio of 0.92. This is a very positive value and a sign of high solvency as it would only need 0.92 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.92, ATH belongs to the top of the industry, outperforming 92.61% of the companies in the same industry.
  • A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.11, ATH is doing good in the industry, outperforming 69.95% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.92
Altman-Z 4.57
ROIC/WACC1.71
WACC8.09%
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 0 500M 1B 1.5B

2.3 Liquidity

  • ATH has a Current Ratio of 2.02. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
  • ATH has a Current ratio of 2.02. This is in the better half of the industry: ATH outperforms 79.31% of its industry peers.
  • A Quick Ratio of 1.84 indicates that ATH should not have too much problems paying its short term obligations.
  • The Quick ratio of ATH (1.84) is better than 80.30% of its industry peers.
Industry RankSector Rank
Current Ratio 2.02
Quick Ratio 1.84
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 200M 400M 600M

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

4

3. Growth

3.1 Past

  • ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 117.07%, which is quite impressive.
  • Measured over the past years, ATH shows a very strong growth in Earnings Per Share. The EPS has been growing by 84.71% on average per year.
  • ATH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.40%.
  • 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

  • Based on estimates for the next years, ATH will show a small growth in Earnings Per Share. The EPS will grow by 6.83% on average per year.
  • ATH is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -29.22% yearly.
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.
  • 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. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 10.12, the valuation of ATH can be described as very reasonable.
  • Based on the Price/Earnings ratio, ATH is valued a bit cheaper than the industry average as 75.86% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.09. ATH is valued rather cheaply when compared to this.
  • ATH is valuated rather expensively with a Price/Forward Earnings ratio of 24.11.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ATH is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.98, ATH is valued at the same level.
Industry RankSector Rank
PE 10.12
Fwd PE 24.11
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

  • Based on the Enterprise Value to EBITDA ratio, ATH is valued a bit cheaper than 73.89% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than 67.49% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.09
EV/EBITDA 7.8
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 decrease with -9.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-34.08%
EPS Next 3Y-9.55%

More info and screens

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

0

5. Dividend

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

ATHABASCA OIL CORP

TSX:ATH (2/19/2026, 7:00:00 PM)

9.01

+0.26 (+2.97%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-28
Earnings (Next)03-04
Inst Owners22.07%
Inst Owner ChangeN/A
Ins Owners2.14%
Ins Owner ChangeN/A
Market Cap4.33B
Revenue(TTM)1.37B
Net Income(TTM)462.85M
Analysts75.38
Price Target8.08 (-10.32%)
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)-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)3.64%
PT rev (3m)13.1%
EPS NQ rev (1m)-6.67%
EPS NQ rev (3m)-6.67%
EPS NY rev (1m)0.94%
EPS NY rev (3m)0.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 10.12
Fwd PE 24.11
P/S 3.16
P/FCF 20.09
P/OCF 8
P/B 2.43
P/tB 2.43
EV/EBITDA 7.8
EPS(TTM)0.89
EY9.88%
EPS(NY)0.37
Fwd EY4.15%
FCF(TTM)0.45
FCFY4.98%
OCF(TTM)1.13
OCFY12.5%
SpS2.85
BVpS3.71
TBVpS3.71
PEG (NY)N/A
PEG (5Y)0.12
Graham Number8.62
Profitability
Industry RankSector 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 RankSector 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 4.57
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 10.12 and the Price/Book (PB) ratio is 2.43.