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

TSX:ATHCA04682R1073

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 Return On Assets of 9.61%. This is amongst the best in the industry. ATH outperforms 94.29% of its industry peers.
  • ATH has a Return On Equity of 13.82%. This is amongst the best in the industry. ATH outperforms 90.95% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 12.48%, ATH belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ATH is above the industry average of 6.90%.
  • 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

  • The Profit Margin of ATH (18.66%) is better than 82.38% of its industry peers.
  • 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 82.86% of its industry peers.
  • ATH's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 62.86%, ATH is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • 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

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.
  • The number of shares outstanding for ATH has been reduced compared to 1 year ago.
  • Compared to 5 years ago, ATH has less shares outstanding
  • 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 5.04 indicates that ATH is not in any danger for bankruptcy at the moment.
  • ATH has a Altman-Z score of 5.04. This is amongst the best in the industry. ATH outperforms 84.76% of its industry peers.
  • 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.
  • 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.
  • A Debt/Equity ratio of 0.11 indicates that ATH is not too dependend on debt financing.
  • ATH has a Debt to Equity ratio of 0.11. This is in the better half of the industry: ATH outperforms 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.
  • With a decent Current ratio value of 1.78, ATH is doing good in the industry, outperforming 76.67% of the companies in the same industry.
  • 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.
  • With a decent Quick ratio value of 1.62, ATH is doing good in the industry, outperforming 74.29% 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

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%.
  • ATH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.86% yearly.
  • ATH shows a decrease in Revenue. In the last year, the revenue decreased by -4.07%.
  • 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

  • The Earnings Per Share is expected to grow by 31.73% on average over the next years. This is a very strong growth
  • ATH is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -62.75% yearly.
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

4

4. ATH.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.04, which indicates a rather expensive current valuation of ATH.
  • Based on the Price/Earnings ratio, ATH is valued a bit cheaper than the industry average as 68.10% of the companies are valued more expensively.
  • ATH's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.17.
  • With a Price/Forward Earnings ratio of 33.42, ATH can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, ATH is valued a bit cheaper than 62.86% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.05, ATH is valued a bit more expensive.
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATH is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, ATH is valued a bit cheaper than the industry average as 67.14% 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.
  • A more expensive valuation may be justified as ATH's earnings are expected to grow with 31.73% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.87%
EPS Next 3Y31.73%

0

5. ATH.CA Dividend Analysis

5.1 Amount

  • No dividends for ATH!.
Industry RankSector Rank
Dividend Yield 0%

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.