CRESCENT POINT ENERGY CORP (CPG.CA) Stock Fundamental Analysis
TSX:CPG - Toronto Stock Exchange - CA22576C1014 - Common Stock - Currency: CAD
We assign a fundamental rating of 5 out of 10 to CPG. CPG was compared to 218 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
In the past year CPG has reported negative net income.
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.
CPG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPG has a Return On Assets of 1.32%. This is comparable to the rest of the industry: CPG outperforms 48.84% of its industry peers.
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.
CPG's Return On Invested Capital of 9.92% is amongst the best of the industry. CPG outperforms 89.30% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CPG is above the industry average of 7.29%.
| 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
CPG has a Profit Margin of 3.77%. This is comparable to the rest of the industry: CPG outperforms 51.63% of its industry peers.
Looking at the Operating Margin, with a value of 33.75%, CPG belongs to the top of the industry, outperforming 82.33% of the companies in the same industry.
CPG's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 73.41%, CPG belongs to the best of the industry, outperforming 86.98% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CPG is creating some value.
The number of shares outstanding for CPG has been increased compared to 1 year ago.
CPG has more shares outstanding than it did 5 years ago.
CPG has a worse debt/assets ratio than last year.
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.
The Altman-Z score of CPG (0.00) is worse 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's Debt to Equity ratio of 0.52 is on the low side compared to the rest of the industry. CPG is outperformed by 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
CPG has a Current 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's Current ratio of 1.03 is in line compared to the rest of the industry. CPG outperforms 54.88% of its industry peers.
A Quick Ratio of 1.03 indicates that CPG should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.03, CPG is doing good in the industry, outperforming 60.93% of the companies in the same industry.
| 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.
CPG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.77% yearly.
Looking at the last year, CPG shows a quite strong growth in Revenue. The Revenue has grown by 10.17% in the last year.
Measured over the past years, CPG shows a decrease in Revenue. The Revenue has been decreasing by -0.80% on average per year.
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
The Earnings Per Share is expected to grow by 32.45% on average over the next years. This is a very strong growth
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CPG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
CPG is valuated cheaply with a Price/Forward Earnings ratio of 4.05.
89.30% of the companies in the same industry are more expensive than CPG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CPG to the average of the S&P500 Index (21.38), we can say CPG is valued rather cheaply.
| 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
CPG has a Yearly Dividend Yield of 3.92%. Purely for dividend investing, there may be better candidates out there.
The stock price of CPG dropped by -24.20% 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 7.45, CPG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, CPG pays a better dividend.
| 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%