MEG Energy Corp (MEG.CA) Fundamental Analysis & Valuation

TSX:MEG • CA5527041084

Current stock price

30.89 CAD
+0.22 (+0.72%)
Last:

This MEG.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. MEG.CA Profitability Analysis

1.1 Basic Checks

  • In the past year MEG was profitable.
  • MEG had a positive operating cash flow in the past year.
  • Of the past 5 years MEG 4 years were profitable.
  • Each year in the past 5 years MEG had a positive operating cash flow.
MEG.CA Yearly Net Income VS EBIT VS OCF VS FCFMEG.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 0 500M -500M 1B 1.5B

1.2 Ratios

  • MEG has a Return On Assets of 7.78%. This is amongst the best in the industry. MEG outperforms 90.09% of its industry peers.
  • MEG has a better Return On Equity (11.41%) than 82.08% of its industry peers.
  • MEG has a better Return On Invested Capital (10.05%) than 91.98% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MEG is significantly above the industry average of 6.90%.
Industry RankSector Rank
ROA 7.78%
ROE 11.41%
ROIC 10.05%
ROA(3y)9.53%
ROA(5y)5.48%
ROE(3y)14.76%
ROE(5y)8.31%
ROIC(3y)13.52%
ROIC(5y)N/A
MEG.CA Yearly ROA, ROE, ROICMEG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 12.79%, MEG is in the better half of the industry, outperforming 74.06% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MEG has grown nicely.
  • With a decent Operating Margin value of 20.16%, MEG is doing good in the industry, outperforming 74.06% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MEG has grown nicely.
  • MEG's Gross Margin of 39.44% is in line compared to the rest of the industry. MEG outperforms 54.72% of its industry peers.
  • In the last couple of years the Gross Margin of MEG has remained more or less at the same level.
Industry RankSector Rank
OM 20.16%
PM (TTM) 12.79%
GM 39.44%
OM growth 3Y-6.62%
OM growth 5Y13.34%
PM growth 3Y14.56%
PM growth 5YN/A
GM growth 3Y-3.24%
GM growth 5Y-0.34%
MEG.CA Yearly Profit, Operating, Gross MarginsMEG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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8

2. MEG.CA Health Analysis

2.1 Basic Checks

  • MEG 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 MEG has been reduced compared to 1 year ago.
  • Compared to 5 years ago, MEG has less shares outstanding
  • MEG has a better debt/assets ratio than last year.
MEG.CA Yearly Shares OutstandingMEG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
MEG.CA Yearly Total Debt VS Total AssetsMEG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • MEG has an Altman-Z score of 3.22. This indicates that MEG is financially healthy and has little risk of bankruptcy at the moment.
  • MEG has a Altman-Z score of 3.22. This is amongst the best in the industry. MEG outperforms 81.60% of its industry peers.
  • The Debt to FCF ratio of MEG is 2.58, which is a good value as it means it would take MEG, 2.58 years of fcf income to pay off all of its debts.
  • MEG's Debt to FCF ratio of 2.58 is amongst the best of the industry. MEG outperforms 87.26% of its industry peers.
  • MEG has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
  • MEG has a better Debt to Equity ratio (0.22) than 62.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 2.58
Altman-Z 3.22
ROIC/WACC1.33
WACC7.55%
MEG.CA Yearly LT Debt VS Equity VS FCFMEG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

2.3 Liquidity

  • A Current Ratio of 1.73 indicates that MEG should not have too much problems paying its short term obligations.
  • The Current ratio of MEG (1.73) is better than 75.94% of its industry peers.
  • A Quick Ratio of 1.17 indicates that MEG should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.17, MEG is doing good in the industry, outperforming 67.92% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.73
Quick Ratio 1.17
MEG.CA Yearly Current Assets VS Current LiabilitesMEG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. MEG.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 13.51% over the past year.
  • The Earnings Per Share has been growing by 13.92% on average over the past years. This is quite good.
  • MEG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.02%.
  • MEG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)13.51%
EPS 3Y25.99%
EPS 5Y13.92%
EPS Q2Q%0%
Revenue 1Y (TTM)-22.02%
Revenue growth 3Y6.02%
Revenue growth 5Y5.55%
Sales Q2Q%-6.64%

3.2 Future

  • MEG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.02% yearly.
  • MEG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.72% yearly.
EPS Next Y1.09%
EPS Next 2Y-8.37%
EPS Next 3Y4.57%
EPS Next 5Y26.02%
Revenue Next Year-5.5%
Revenue Next 2Y3.07%
Revenue Next 3Y5.27%
Revenue Next 5Y5.72%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
MEG.CA Yearly Revenue VS EstimatesMEG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B
MEG.CA Yearly EPS VS EstimatesMEG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 4 6

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4

4. MEG.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 14.71, which indicates a correct valuation of MEG.
  • 66.04% of the companies in the same industry are more expensive than MEG, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.17. MEG is valued slightly cheaper when compared to this.
  • MEG is valuated rather expensively with a Price/Forward Earnings ratio of 19.57.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MEG is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.05, MEG is valued at the same level.
Industry RankSector Rank
PE 14.71
Fwd PE 19.57
MEG.CA Price Earnings VS Forward Price EarningsMEG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 79.72% of the companies in the same industry are more expensive than MEG, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MEG indicates a somewhat cheap valuation: MEG is cheaper than 64.15% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.8
EV/EBITDA 6.87
MEG.CA Per share dataMEG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • MEG has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)13.55
PEG (5Y)1.06
EPS Next 2Y-8.37%
EPS Next 3Y4.57%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. MEG.CA Dividend Analysis

5.1 Amount

  • MEG has a Yearly Dividend Yield of 1.42%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 4.07, MEG has a dividend in line with its industry peers.
  • MEG's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.42%

5.2 History

  • MEG does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
MEG.CA Yearly Dividends per shareMEG.CA Yearly Dividends per shareYearly Dividends per share 2024 2025 0.1 0.2 0.3

5.3 Sustainability

  • 19.34% of the earnings are spent on dividend by MEG. This is a low number and sustainable payout ratio.
DP19.34%
EPS Next 2Y-8.37%
EPS Next 3Y4.57%
MEG.CA Yearly Income VS Free CF VS DividendMEG.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B
MEG.CA Dividend Payout.MEG.CA Dividend Payout, showing the Payout Ratio.MEG.CA Dividend Payout.PayoutRetained Earnings

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MEG.CA Fundamentals: All Metrics, Ratios and Statistics

MEG Energy Corp

TSX:MEG (11/14/2025, 7:00:00 PM)

30.89

+0.22 (+0.72%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-10
Earnings (Next)02-25
Inst Owners47.35%
Inst Owner ChangeN/A
Ins Owners0.51%
Ins Owner ChangeN/A
Market Cap7.86B
Revenue(TTM)4.25B
Net Income(TTM)543.00M
Analysts70.77
Price Target30.22 (-2.17%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.42%
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP19.34%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)52.46%
Min EPS beat(2)24.26%
Max EPS beat(2)80.65%
EPS beat(4)3
Avg EPS beat(4)22.54%
Min EPS beat(4)-34.35%
Max EPS beat(4)80.65%
EPS beat(8)3
Avg EPS beat(8)-2.68%
EPS beat(12)4
Avg EPS beat(12)-3.64%
EPS beat(16)6
Avg EPS beat(16)-0.57%
Revenue beat(2)1
Avg Revenue beat(2)-6.34%
Min Revenue beat(2)-13.03%
Max Revenue beat(2)0.34%
Revenue beat(4)2
Avg Revenue beat(4)-6.5%
Min Revenue beat(4)-16.34%
Max Revenue beat(4)3.01%
Revenue beat(8)5
Avg Revenue beat(8)3.61%
Revenue beat(12)7
Avg Revenue beat(12)3.44%
Revenue beat(16)10
Avg Revenue beat(16)3.55%
PT rev (1m)3.17%
PT rev (3m)3.74%
EPS NQ rev (1m)7.47%
EPS NQ rev (3m)7.47%
EPS NY rev (1m)0.55%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)-1.23%
Revenue NQ rev (3m)-1.23%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-1.42%
Valuation
Industry RankSector Rank
PE 14.71
Fwd PE 19.57
P/S 1.85
P/FCF 18.8
P/OCF 7.3
P/B 1.65
P/tB 1.65
EV/EBITDA 6.87
EPS(TTM)2.1
EY6.8%
EPS(NY)1.58
Fwd EY5.11%
FCF(TTM)1.64
FCFY5.32%
OCF(TTM)4.23
OCFY13.69%
SpS16.7
BVpS18.71
TBVpS18.7
PEG (NY)13.55
PEG (5Y)1.06
Graham Number29.73
Profitability
Industry RankSector Rank
ROA 7.78%
ROE 11.41%
ROCE 13.26%
ROIC 10.05%
ROICexc 10.25%
ROICexgc 10.26%
OM 20.16%
PM (TTM) 12.79%
GM 39.44%
FCFM 9.84%
ROA(3y)9.53%
ROA(5y)5.48%
ROE(3y)14.76%
ROE(5y)8.31%
ROIC(3y)13.52%
ROIC(5y)N/A
ROICexc(3y)13.9%
ROICexc(5y)N/A
ROICexgc(3y)13.91%
ROICexgc(5y)N/A
ROCE(3y)17.84%
ROCE(5y)N/A
ROICexgc growth 3Y0.59%
ROICexgc growth 5Y23.57%
ROICexc growth 3Y0.6%
ROICexc growth 5Y23.59%
OM growth 3Y-6.62%
OM growth 5Y13.34%
PM growth 3Y14.56%
PM growth 5YN/A
GM growth 3Y-3.24%
GM growth 5Y-0.34%
F-Score8
Asset Turnover0.61
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 2.58
Debt/EBITDA 0.82
Cap/Depr 154.46%
Cap/Sales 15.49%
Interest Coverage 17.47
Cash Conversion 83.93%
Profit Quality 76.98%
Current Ratio 1.73
Quick Ratio 1.17
Altman-Z 3.22
F-Score8
WACC7.55%
ROIC/WACC1.33
Cap/Depr(3y)79.29%
Cap/Depr(5y)69.56%
Cap/Sales(3y)8.24%
Cap/Sales(5y)7.78%
Profit Quality(3y)160.67%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.51%
EPS 3Y25.99%
EPS 5Y13.92%
EPS Q2Q%0%
EPS Next Y1.09%
EPS Next 2Y-8.37%
EPS Next 3Y4.57%
EPS Next 5Y26.02%
Revenue 1Y (TTM)-22.02%
Revenue growth 3Y6.02%
Revenue growth 5Y5.55%
Sales Q2Q%-6.64%
Revenue Next Year-5.5%
Revenue Next 2Y3.07%
Revenue Next 3Y5.27%
Revenue Next 5Y5.72%
EBIT growth 1Y-0.12%
EBIT growth 3Y-1.01%
EBIT growth 5Y19.63%
EBIT Next Year60.45%
EBIT Next 3Y19.45%
EBIT Next 5Y13.54%
FCF growth 1Y-52.93%
FCF growth 3Y30.18%
FCF growth 5Y12.84%
OCF growth 1Y-19.64%
OCF growth 3Y24.76%
OCF growth 5Y16.26%

MEG Energy Corp / MEG.CA Fundamental Analysis FAQ

What is the fundamental rating for MEG stock?

ChartMill assigns a fundamental rating of 6 / 10 to MEG.CA.


Can you provide the valuation status for MEG Energy Corp?

ChartMill assigns a valuation rating of 5 / 10 to MEG Energy Corp (MEG.CA). This can be considered as Fairly Valued.


How profitable is MEG Energy Corp (MEG.CA) stock?

MEG Energy Corp (MEG.CA) has a profitability rating of 8 / 10.


What is the earnings growth outlook for MEG Energy Corp?

The Earnings per Share (EPS) of MEG Energy Corp (MEG.CA) is expected to grow by 1.09% in the next year.


Can you provide the dividend sustainability for MEG stock?

The dividend rating of MEG Energy Corp (MEG.CA) is 2 / 10 and the dividend payout ratio is 19.34%.