CANACOL ENERGY LTD (CNE.CA) Stock Fundamental Analysis
TSX:CNE - Toronto Stock Exchange - CA1348083025 - Common Stock - Currency: CAD
CNE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CNE while its profitability can be described as average. CNE has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
CNE had negative earnings in the past year.
CNE had a positive operating cash flow in the past year.
In multiple years CNE reported negative net income over the last 5 years.
In the past 5 years CNE always reported a positive cash flow from operatings.
1.2 Ratios
CNE has a Return On Assets (-0.37%) which is in line with its industry peers.
With a Return On Equity value of -1.30%, CNE perfoms like the industry average, outperforming 49.52% of the companies in the same industry.
CNE has a Return On Invested Capital of 12.76%. This is amongst the best in the industry. CNE outperforms 93.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CNE is above the industry average of 7.31%.
The 3 year average ROIC (11.39%) for CNE is below the current ROIC(12.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -1.3% | ||
| ROIC | 12.76% |
ROA(3y)6.27%
ROA(5y)4%
ROE(3y)21.59%
ROE(5y)14.14%
ROIC(3y)11.39%
ROIC(5y)11.48%
1.3 Margins
CNE has a Operating Margin of 51.93%. This is amongst the best in the industry. CNE outperforms 98.10% of its industry peers.
CNE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 92.21%, CNE belongs to the top of the industry, outperforming 98.57% of the companies in the same industry.
CNE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.93% | ||
| PM (TTM) | N/A | ||
| GM | 92.21% |
OM growth 3Y11.34%
OM growth 5Y5.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.38%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CNE is creating value.
Compared to 1 year ago, CNE has about the same amount of shares outstanding.
CNE has less shares outstanding than it did 5 years ago.
CNE has a worse debt/assets ratio than last year.
2.2 Solvency
CNE has an Altman-Z score of 1.06. This is a bad value and indicates that CNE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.06, CNE is in the better half of the industry, outperforming 60.48% of the companies in the same industry.
The Debt to FCF ratio of CNE is 18.62, which is on the high side as it means it would take CNE, 18.62 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CNE (18.62) is better than 66.19% of its industry peers.
CNE has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.97, CNE is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 18.62 | ||
| Altman-Z | 1.06 |
ROIC/WACC2.01
WACC6.34%
2.3 Liquidity
A Current Ratio of 0.91 indicates that CNE may have some problems paying its short term obligations.
CNE's Current ratio of 0.91 is in line compared to the rest of the industry. CNE outperforms 58.57% of its industry peers.
A Quick Ratio of 0.90 indicates that CNE may have some problems paying its short term obligations.
CNE's Quick ratio of 0.90 is fine compared to the rest of the industry. CNE outperforms 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for CNE have decreased strongly by -106.54% in the last year.
The Revenue has grown by 14.10% in the past year. This is quite good.
The Revenue has been growing by 9.20% on average over the past years. This is quite good.
EPS 1Y (TTM)-106.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%745.45%
Revenue 1Y (TTM)14.1%
Revenue growth 3Y6.58%
Revenue growth 5Y9.2%
Sales Q2Q%-8.89%
3.2 Future
The Earnings Per Share is expected to grow by 112.72% on average over the next years. This is a very strong growth
CNE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.68% yearly.
EPS Next Y366.18%
EPS Next 2Y112.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8%
Revenue Next 2Y-6.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CNE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 0.78, the valuation of CNE can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNE indicates a rather cheap valuation: CNE is cheaper than 99.05% of the companies listed in the same industry.
CNE is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 0.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CNE indicates a rather cheap valuation: CNE is cheaper than 91.90% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNE indicates a rather cheap valuation: CNE is cheaper than 99.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.65 | ||
| EV/EBITDA | 2.62 |
4.3 Compensation for Growth
CNE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CNE may justify a higher PE ratio.
CNE's earnings are expected to grow with 112.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y112.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CNE has a Yearly Dividend Yield of 14.84%, which is a nice return.
The stock price of CNE dropped by -23.58% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 6.26, CNE pays a better dividend. On top of this CNE pays more dividend than 99.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, CNE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.84% |
5.2 History
The dividend of CNE decreases each year by -0.14%.
CNE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y112.72%
EPS Next 3YN/A
TSX:CNE (7/4/2025, 7:00:00 PM)
2.56
-0.02 (-0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.68%
Inst Owner ChangeN/A
Ins Owners0.97%
Ins Owner ChangeN/A
Market Cap87.35M
Analysts47.27
Price Target3.65 (42.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.84% |
Yearly Dividend0.27
Dividend Growth(5Y)-0.14%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)-31.75%
PT rev (3m)-23.22%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 0.78 | ||
| P/S | 0.17 | ||
| P/FCF | 1.65 | ||
| P/OCF | 0.37 | ||
| P/B | 0.18 | ||
| P/tB | 0.18 | ||
| EV/EBITDA | 2.62 |
EPS(TTM)-0.19
EYN/A
EPS(NY)3.29
Fwd EY128.67%
FCF(TTM)1.55
FCFY60.59%
OCF(TTM)7.01
OCFY273.66%
SpS14.68
BVpS14.06
TBVpS14.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -1.3% | ||
| ROCE | 17.72% | ||
| ROIC | 12.76% | ||
| ROICexc | 13.77% | ||
| ROICexgc | 13.77% | ||
| OM | 51.93% | ||
| PM (TTM) | N/A | ||
| GM | 92.21% | ||
| FCFM | 10.57% |
ROA(3y)6.27%
ROA(5y)4%
ROE(3y)21.59%
ROE(5y)14.14%
ROIC(3y)11.39%
ROIC(5y)11.48%
ROICexc(3y)11.7%
ROICexc(5y)12.43%
ROICexgc(3y)11.7%
ROICexgc(5y)12.43%
ROCE(3y)15.82%
ROCE(5y)15.95%
ROICexcg growth 3Y-0.67%
ROICexcg growth 5Y2.86%
ROICexc growth 3Y-0.67%
ROICexc growth 5Y2.86%
OM growth 3Y11.34%
OM growth 5Y5.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.38%
GM growth 5Y-0.14%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 18.62 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 171.17% | ||
| Cap/Sales | 37.17% | ||
| Interest Coverage | 3.6 | ||
| Cash Conversion | 64.82% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.06 |
F-Score5
WACC6.34%
ROIC/WACC2.01
Cap/Depr(3y)225.39%
Cap/Depr(5y)190.9%
Cap/Sales(3y)50.13%
Cap/Sales(5y)42.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-106.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%745.45%
EPS Next Y366.18%
EPS Next 2Y112.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)14.1%
Revenue growth 3Y6.58%
Revenue growth 5Y9.2%
Sales Q2Q%-8.89%
Revenue Next Year-8%
Revenue Next 2Y-6.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y32.98%
EBIT growth 3Y18.67%
EBIT growth 5Y14.93%
EBIT Next Year22.65%
EBIT Next 3Y6.74%
EBIT Next 5YN/A
FCF growth 1Y586.83%
FCF growth 3Y22.04%
FCF growth 5Y53.81%
OCF growth 1Y-1.34%
OCF growth 3Y10.72%
OCF growth 5Y9.16%