CRESCENT POINT ENERGY CORP (CPG.CA) Stock Fundamental Analysis
TSX:CPG - Toronto Stock Exchange - CA22576C1014 - Common Stock - Currency: CAD
Overall CPG gets a fundamental rating of 5 out of 10. We evaluated CPG against 214 industry peers in the Oil, Gas & Consumable Fuels industry. CPG has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CPG had negative earnings in the past year.
CPG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CPG reported negative net income in multiple years.
In the past 5 years CPG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.32%, CPG is in line with its industry, outperforming 48.84% of the companies in the same industry.
With a Return On Equity value of 2.49%, CPG perfoms like the industry average, outperforming 49.77% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.92%, CPG belongs to the top of the industry, outperforming 89.30% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPG is above the industry average of 7.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.49% | ||
| ROIC | 9.92% |
ROA(3y)15.29%
ROA(5y)-0.46%
ROE(3y)24.96%
ROE(5y)-6.74%
ROIC(3y)11.15%
ROIC(5y)7.73%
1.3 Margins
With a Profit Margin value of 3.77%, CPG perfoms like the industry average, outperforming 51.63% of the companies in the same industry.
With an excellent Operating Margin value of 33.75%, CPG belongs to the best of the industry, outperforming 82.33% of the companies in the same industry.
In the last couple of years the Operating Margin of CPG has grown nicely.
CPG has a Gross Margin of 73.41%. This is amongst the best in the industry. CPG outperforms 86.98% of its industry peers.
CPG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.75% | ||
| PM (TTM) | 3.77% | ||
| GM | 73.41% |
OM growth 3Y1648.67%
OM growth 5Y17.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.26%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CPG is still creating some value.
Compared to 1 year ago, CPG has more shares outstanding
CPG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CPG has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.00, we must say that CPG is in the distress zone and has some risk of bankruptcy.
CPG has a worse Altman-Z score (0.00) than 69.77% of its industry peers.
CPG has a Debt/Equity ratio of 0.52. This is a neutral value indicating CPG is somewhat dependend on debt financing.
CPG has a Debt to Equity ratio of 0.52. This is in the lower half of the industry: CPG underperforms 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0 |
ROIC/WACC1.5
WACC6.61%
2.3 Liquidity
A Current Ratio of 1.03 indicates that CPG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.03, CPG is in line with its industry, outperforming 54.88% of the companies in the same industry.
CPG has a Quick Ratio of 1.03. This is a normal value and indicates that CPG is financially healthy and should not expect problems in meeting its short term obligations.
CPG has a Quick ratio of 1.03. This is in the better half of the industry: CPG outperforms 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The earnings per share for CPG have decreased strongly by -118.00% in the last year.
The Earnings Per Share has been growing by 39.77% on average over the past years. This is a very strong growth
The Revenue has grown by 10.17% in the past year. This is quite good.
CPG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.80% yearly.
EPS 1Y (TTM)-118%
EPS 3YN/A
EPS 5Y39.77%
EPS Q2Q%-269.23%
Revenue 1Y (TTM)10.17%
Revenue growth 3Y28.94%
Revenue growth 5Y-0.8%
Sales Q2Q%-3.96%
3.2 Future
CPG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.45% yearly.
CPG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.38% yearly.
EPS Next Y67.7%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
EPS Next 5YN/A
Revenue Next Year38.64%
Revenue Next 2Y22.84%
Revenue Next 3Y15.26%
Revenue Next 5Y10.38%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CPG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 4.05, the valuation of CPG can be described as very cheap.
89.30% of the companies in the same industry are more expensive than CPG, based on the Price/Forward Earnings ratio.
CPG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPG is valued cheaper than 86.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.23 |
4.3 Compensation for Growth
CPG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CPG has a very decent profitability rating, which may justify a higher PE ratio.
CPG's earnings are expected to grow with 32.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.54%
EPS Next 3Y32.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.92%, CPG has a reasonable but not impressive dividend return.
In the last 3 months the price of CPG has falen by -24.20%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 6.24, CPG pays a bit more dividend than its industry peers.
CPG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
The dividend of CPG decreases each year by -0.01%.
CPG has paid a dividend for at least 10 years, which is a reliable track record.
CPG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.01%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
167.78% of the earnings are spent on dividend by CPG. This is not a sustainable payout ratio.
DP167.78%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
TSX:CPG (11/22/2024, 7:00:00 PM)
7.58
+0.05 (+0.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.09%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.69B
Analysts81.11
Price Target14.86 (96.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Yearly Dividend0.36
Dividend Growth(5Y)-0.01%
DP167.78%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)34.63%
Min EPS beat(2)-278.4%
Max EPS beat(2)347.65%
EPS beat(4)1
Avg EPS beat(4)-87.63%
Min EPS beat(4)-418.27%
Max EPS beat(4)347.65%
EPS beat(8)2
Avg EPS beat(8)-83.78%
EPS beat(12)3
Avg EPS beat(12)-19.38%
EPS beat(16)3
Avg EPS beat(16)-61.27%
Revenue beat(2)0
Avg Revenue beat(2)-17.3%
Min Revenue beat(2)-19.96%
Max Revenue beat(2)-14.63%
Revenue beat(4)0
Avg Revenue beat(4)-14.89%
Min Revenue beat(4)-19.96%
Max Revenue beat(4)-11.2%
Revenue beat(8)2
Avg Revenue beat(8)-3.72%
Revenue beat(12)6
Avg Revenue beat(12)1.73%
Revenue beat(16)7
Avg Revenue beat(16)-1.76%
PT rev (1m)0%
PT rev (3m)0%
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)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.05 | ||
| P/S | 1.11 | ||
| P/FCF | N/A | ||
| P/OCF | 2.2 | ||
| P/B | 0.74 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 3.23 |
EPS(TTM)-0.09
EYN/A
EPS(NY)1.87
Fwd EY24.66%
FCF(TTM)-3.91
FCFYN/A
OCF(TTM)3.45
OCFY45.47%
SpS6.8
BVpS10.3
TBVpS9.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.32% | ||
| ROE | 2.49% | ||
| ROCE | 13.28% | ||
| ROIC | 9.92% | ||
| ROICexc | 9.94% | ||
| ROICexgc | 10.17% | ||
| OM | 33.75% | ||
| PM (TTM) | 3.77% | ||
| GM | 73.41% | ||
| FCFM | N/A |
ROA(3y)15.29%
ROA(5y)-0.46%
ROE(3y)24.96%
ROE(5y)-6.74%
ROIC(3y)11.15%
ROIC(5y)7.73%
ROICexc(3y)11.34%
ROICexc(5y)7.86%
ROICexgc(3y)11.64%
ROICexgc(5y)8.06%
ROCE(3y)14.93%
ROCE(5y)10.36%
ROICexcg growth 3Y1709.83%
ROICexcg growth 5Y17.71%
ROICexc growth 3Y1718.02%
ROICexc growth 5Y17.62%
OM growth 3Y1648.67%
OM growth 5Y17.27%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.26%
GM growth 5Y0.04%
F-Score4
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 386.89% | ||
| Cap/Sales | 108.14% | ||
| Interest Coverage | 8.09 | ||
| Cash Conversion | 82.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0 |
F-Score4
WACC6.61%
ROIC/WACC1.5
Cap/Depr(3y)247.96%
Cap/Depr(5y)161.8%
Cap/Sales(3y)77.1%
Cap/Sales(5y)64.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-118%
EPS 3YN/A
EPS 5Y39.77%
EPS Q2Q%-269.23%
EPS Next Y67.7%
EPS Next 2Y39.54%
EPS Next 3Y32.45%
EPS Next 5YN/A
Revenue 1Y (TTM)10.17%
Revenue growth 3Y28.94%
Revenue growth 5Y-0.8%
Sales Q2Q%-3.96%
Revenue Next Year38.64%
Revenue Next 2Y22.84%
Revenue Next 3Y15.26%
Revenue Next 5Y10.38%
EBIT growth 1Y-18.62%
EBIT growth 3Y2154.76%
EBIT growth 5Y16.34%
EBIT Next Year145.79%
EBIT Next 3Y30.19%
EBIT Next 5Y17.56%
FCF growth 1Y-1517.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y31.84%
OCF growth 3Y36.65%
OCF growth 5Y4.67%