ATHABASCA OIL CORP (ATH.CA) Stock Fundamental Analysis
TSX:ATH - Toronto Stock Exchange - CA04682R1073 - Common Stock - Currency: CAD
Overall ATH gets a fundamental rating of 7 out of 10. We evaluated ATH against 207 industry peers in the Oil, Gas & Consumable Fuels industry. ATH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ATH scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes ATH very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ATH was profitable.
In the past year ATH had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ATH reported negative net income in multiple years.
ATH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ATH has a better Return On Assets (20.40%) than 96.14% of its industry peers.
Looking at the Return On Equity, with a value of 28.65%, ATH belongs to the top of the industry, outperforming 97.10% of the companies in the same industry.
With an excellent Return On Invested Capital value of 15.54%, ATH belongs to the best of the industry, outperforming 96.62% of the companies in the same industry.
ATH had an Average Return On Invested Capital over the past 3 years of 10.38%. This is above the industry average of 7.39%.
The last Return On Invested Capital (15.54%) for ATH is above the 3 year average (10.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.4% | ||
| ROE | 28.65% | ||
| ROIC | 15.54% |
ROA(3y)14.02%
ROA(5y)4.44%
ROE(3y)19%
ROE(5y)-2.87%
ROIC(3y)10.38%
ROIC(5y)N/A
1.3 Margins
ATH's Profit Margin of 35.26% is amongst the best of the industry. ATH outperforms 96.14% of its industry peers.
ATH's Profit Margin has improved in the last couple of years.
The Operating Margin of ATH (31.98%) is better than 82.61% of its industry peers.
ATH's Operating Margin has improved in the last couple of years.
ATH has a better Gross Margin (64.77%) than 79.23% of its industry peers.
ATH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.98% | ||
| PM (TTM) | 35.26% | ||
| GM | 64.77% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ATH is creating 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.
Compared to 1 year ago, ATH has an improved debt to assets ratio.
2.2 Solvency
ATH has an Altman-Z score of 3.55. This indicates that ATH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ATH (3.55) is better than 85.02% of its industry peers.
ATH has a debt to FCF ratio of 0.56. This is a very positive value and a sign of high solvency as it would only need 0.56 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.56, ATH belongs to the best of the industry, outperforming 92.27% of the companies in the same industry.
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 71.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.56 | ||
| Altman-Z | 3.55 |
ROIC/WACC1.84
WACC8.45%
2.3 Liquidity
ATH has a Current Ratio of 2.31. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.31, ATH belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.
ATH has a Quick Ratio of 2.10. This indicates that ATH is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.10, ATH belongs to the best of the industry, outperforming 84.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.1 |
3. Growth
3.1 Past
ATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 4550.00%, which is quite impressive.
ATH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 84.71% yearly.
The Revenue has grown by 16.09% in the past year. This is quite good.
Measured over the past years, ATH shows a quite strong growth in Revenue. The Revenue has been growing by 11.85% on average per year.
EPS 1Y (TTM)4550%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%100%
Revenue 1Y (TTM)16.09%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%17.13%
3.2 Future
Based on estimates for the next years, ATH will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.71% on average per year.
ATH is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -61.29% yearly.
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue Next Year-33.62%
Revenue Next 2Y-17.11%
Revenue Next 3Y-61.29%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ATH is valuated cheaply with a Price/Earnings ratio of 6.03.
Based on the Price/Earnings ratio, ATH is valued cheaply inside the industry as 90.34% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.30, ATH is valued rather cheaply.
A Price/Forward Earnings ratio of 15.87 indicates a correct valuation of ATH.
ATH's Price/Forward Earnings ratio is in line with the industry average.
ATH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 15.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATH indicates a rather cheap valuation: ATH is cheaper than 85.51% of the companies listed in the same industry.
ATH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATH is cheaper than 86.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.04 | ||
| EV/EBITDA | 4.67 |
4.3 Compensation for Growth
ATH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
5. Dividend
5.1 Amount
ATH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ATH (7/11/2025, 7:00:00 PM)
5.61
-0.09 (-1.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners18.07%
Inst Owner ChangeN/A
Ins Owners2.05%
Ins Owner ChangeN/A
Market Cap2.80B
Analysts75.38
Price Target6.35 (13.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)111.22%
Min EPS beat(2)-7.59%
Max EPS beat(2)230.03%
EPS beat(4)1
Avg EPS beat(4)47.34%
Min EPS beat(4)-32.11%
Max EPS beat(4)230.03%
EPS beat(8)1
Avg EPS beat(8)-14.3%
EPS beat(12)3
Avg EPS beat(12)-44.76%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-30.61%
Min Revenue beat(2)-30.9%
Max Revenue beat(2)-30.32%
Revenue beat(4)0
Avg Revenue beat(4)-26.55%
Min Revenue beat(4)-30.9%
Max Revenue beat(4)-18.31%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)1.36%
PT rev (3m)-3.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-39.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 15.87 | ||
| P/S | 1.97 | ||
| P/FCF | 8.04 | ||
| P/OCF | 4.64 | ||
| P/B | 1.6 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 4.67 |
EPS(TTM)0.93
EY16.58%
EPS(NY)0.35
Fwd EY6.3%
FCF(TTM)0.7
FCFY12.43%
OCF(TTM)1.21
OCFY21.55%
SpS2.84
BVpS3.5
TBVpS3.5
PEG (NY)N/A
PEG (5Y)0.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.4% | ||
| ROE | 28.65% | ||
| ROCE | 20.32% | ||
| ROIC | 15.54% | ||
| ROICexc | 17.99% | ||
| ROICexgc | 17.99% | ||
| OM | 31.98% | ||
| PM (TTM) | 35.26% | ||
| GM | 64.77% | ||
| FCFM | 24.53% |
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
ROICexcg growth 3Y41.66%
ROICexcg 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-Score9
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.56 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 208.68% | ||
| Cap/Sales | 17.99% | ||
| Interest Coverage | 22.09 | ||
| Cash Conversion | 104.73% | ||
| Profit Quality | 69.56% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.1 | ||
| Altman-Z | 3.55 |
F-Score9
WACC8.45%
ROIC/WACC1.84
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)4550%
EPS 3Y0.21%
EPS 5Y84.71%
EPS Q2Q%100%
EPS Next Y-48.33%
EPS Next 2Y-35.89%
EPS Next 3Y9.91%
EPS Next 5Y15.71%
Revenue 1Y (TTM)16.09%
Revenue growth 3Y18%
Revenue growth 5Y11.85%
Sales Q2Q%17.13%
Revenue Next Year-33.62%
Revenue Next 2Y-17.11%
Revenue Next 3Y-61.29%
Revenue Next 5YN/A
EBIT growth 1Y49.72%
EBIT growth 3Y63.22%
EBIT growth 5Y45.86%
EBIT Next Year105.64%
EBIT Next 3Y39.96%
EBIT Next 5Y35.43%
FCF growth 1Y161.49%
FCF growth 3Y41.42%
FCF growth 5YN/A
OCF growth 1Y118.78%
OCF growth 3Y42.1%
OCF growth 5Y43.2%