JOURNEY ENERGY INC (JOY.CA) Stock Fundamental Analysis
TSX:JOY - Toronto Stock Exchange - CA48113W1023 - Common Stock - Currency: CAD
Overall JOY gets a fundamental rating of 3 out of 10. We evaluated JOY against 219 industry peers in the Oil, Gas & Consumable Fuels industry. JOY has a medium profitability rating, but doesn't score so well on its financial health evaluation. JOY has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year JOY was profitable.
In the past year JOY had a positive cash flow from operations.
In multiple years JOY reported negative net income over the last 5 years.
In the past 5 years JOY always reported a positive cash flow from operatings.
1.2 Ratios
JOY's Return On Assets of 0.84% is in line compared to the rest of the industry. JOY outperforms 50.68% of its industry peers.
The Return On Equity of JOY (1.54%) is comparable to the rest of the industry.
JOY has a Return On Invested Capital (2.47%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for JOY is in line with the industry average of 7.60%.
The 3 year average ROIC (7.19%) for JOY is well above the current ROIC(2.47%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 1.54% | ||
| ROIC | 2.47% |
ROA(3y)18.21%
ROA(5y)5.17%
ROE(3y)59.02%
ROE(5y)N/A
ROIC(3y)7.19%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of JOY (2.87%) is comparable to the rest of the industry.
JOY has a Operating Margin (9.33%) which is comparable to the rest of the industry.
The Gross Margin of JOY (47.80%) is better than 70.32% of its industry peers.
JOY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.33% | ||
| PM (TTM) | 2.87% | ||
| GM | 47.8% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.12%
GM growth 5Y-0.51%
2. Health
2.1 Basic Checks
JOY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
JOY has more shares outstanding than it did 1 year ago.
JOY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, JOY has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.18, we must say that JOY is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.18, JOY is not doing good in the industry: 63.01% of the companies in the same industry are doing better.
JOY has a debt to FCF ratio of 6.64. This is a slightly negative value and a sign of low solvency as JOY would need 6.64 years to pay back of all of its debts.
JOY has a better Debt to FCF ratio (6.64) than 71.23% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that JOY is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.11, JOY is doing good in the industry, outperforming 68.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 6.64 | ||
| Altman-Z | 0.18 |
ROIC/WACC0.27
WACC9.18%
2.3 Liquidity
JOY has a Current Ratio of 0.65. This is a bad value and indicates that JOY is not financially healthy enough and could expect problems in meeting its short term obligations.
JOY has a Current ratio (0.65) which is comparable to the rest of the industry.
JOY has a Quick Ratio of 0.65. This is a bad value and indicates that JOY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.65, JOY is in line with its industry, outperforming 50.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for JOY have decreased strongly by -94.83% in the last year.
Looking at the last year, JOY shows a very negative growth in Revenue. The Revenue has decreased by -13.17% in the last year.
Measured over the past years, JOY shows a quite strong growth in Revenue. The Revenue has been growing by 12.64% on average per year.
EPS 1Y (TTM)-94.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90.91%
Revenue 1Y (TTM)-13.17%
Revenue growth 3Y42.94%
Revenue growth 5Y12.64%
Sales Q2Q%-15.1%
3.2 Future
JOY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -30.72% yearly.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-56%
EPS Next 2Y-30.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.99%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.86, the valuation of JOY can be described as rather expensive.
JOY's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of JOY to the average of the S&P500 Index (29.35), we can say JOY is valued slightly cheaper.
The Price/Forward Earnings ratio is 12.62, which indicates a correct valuation of JOY.
JOY's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of JOY to the average of the S&P500 Index (22.10), we can say JOY is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.86 | ||
| Fwd PE | 12.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JOY is valued cheaply inside the industry as 92.24% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of JOY indicates a somewhat cheap valuation: JOY is cheaper than 69.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 2.67 |
4.3 Compensation for Growth
A cheap valuation may be justified as JOY's earnings are expected to decrease with -30.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
JOY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:JOY (3/7/2025, 7:00:00 PM)
1.53
+0.08 (+5.52%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners19.02%
Inst Owner ChangeN/A
Ins Owners9.19%
Ins Owner ChangeN/A
Market Cap102.68M
Analysts77.5
Price Target4.53 (196.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
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)0
Avg Revenue beat(2)-33.92%
Min Revenue beat(2)-38.49%
Max Revenue beat(2)-29.35%
Revenue beat(4)0
Avg Revenue beat(4)-29.21%
Min Revenue beat(4)-38.49%
Max Revenue beat(4)-16.19%
Revenue beat(8)0
Avg Revenue beat(8)-21.73%
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)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 | 21.86 | ||
| Fwd PE | 12.62 | ||
| P/S | 0.6 | ||
| P/FCF | 11.1 | ||
| P/OCF | 1.91 | ||
| P/B | 0.32 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | 2.67 |
EPS(TTM)0.07
EY4.58%
EPS(NY)0.12
Fwd EY7.92%
FCF(TTM)0.14
FCFY9.01%
OCF(TTM)0.8
OCFY52.34%
SpS2.57
BVpS4.8
TBVpS4.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 1.54% | ||
| ROCE | 3.11% | ||
| ROIC | 2.47% | ||
| ROICexc | 2.54% | ||
| ROICexgc | 2.54% | ||
| OM | 9.33% | ||
| PM (TTM) | 2.87% | ||
| GM | 47.8% | ||
| FCFM | 5.36% |
ROA(3y)18.21%
ROA(5y)5.17%
ROE(3y)59.02%
ROE(5y)N/A
ROIC(3y)7.19%
ROIC(5y)N/A
ROICexc(3y)7.59%
ROICexc(5y)N/A
ROICexgc(3y)7.59%
ROICexgc(5y)N/A
ROCE(3y)9.07%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.12%
GM growth 5Y-0.51%
F-Score5
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 6.64 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 110.66% | ||
| Cap/Sales | 25.79% | ||
| Interest Coverage | 3.91 | ||
| Cash Conversion | 95.46% | ||
| Profit Quality | 186.57% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.18 |
F-Score5
WACC9.18%
ROIC/WACC0.27
Cap/Depr(3y)164.59%
Cap/Depr(5y)114.26%
Cap/Sales(3y)26.61%
Cap/Sales(5y)22.45%
Profit Quality(3y)55.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-94.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90.91%
EPS Next Y-56%
EPS Next 2Y-30.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.17%
Revenue growth 3Y42.94%
Revenue growth 5Y12.64%
Sales Q2Q%-15.1%
Revenue Next Year11.99%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-50.49%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year44.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-81.72%
FCF growth 3Y46.81%
FCF growth 5YN/A
OCF growth 1Y-44.76%
OCF growth 3Y70.27%
OCF growth 5Y34.04%