OBSIDIAN ENERGY LTD (OBE.CA)
CA6744822033 - Common Stock
Taking everything into account, OBE scores 4 out of 10 in our fundamental rating. OBE was compared to 217 industry peers in the Oil, Gas & Consumable Fuels industry. While OBE belongs to the best of the industry regarding profitability, there are concerns on its financial health. OBE is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year OBE was profitable.
OBE had a positive operating cash flow in the past year.
In multiple years OBE reported negative net income over the last 5 years.
Each year in the past 5 years OBE had a positive operating cash flow.
1.2 Ratios
OBE has a better Return On Assets (4.85%) than 70.44% of its industry peers.
The Return On Equity of OBE (6.84%) is comparable to the rest of the industry.
The Return On Invested Capital of OBE (6.12%) is better than 69.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OBE is above the industry average of 7.75%.
The 3 year average ROIC (10.85%) for OBE is well above the current ROIC(6.12%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 6.84% | ||
| ROIC | 6.12% |
ROA(3y)23.51%
ROA(5y)-10.19%
ROE(3y)37.34%
ROE(5y)-39.81%
ROIC(3y)10.85%
ROIC(5y)N/A
1.3 Margins
OBE's Profit Margin of 16.52% is fine compared to the rest of the industry. OBE outperforms 73.40% of its industry peers.
With a decent Operating Margin value of 24.79%, OBE is doing good in the industry, outperforming 75.37% of the companies in the same industry.
OBE's Operating Margin has improved in the last couple of years.
OBE has a Gross Margin of 71.08%. This is amongst the best in the industry. OBE outperforms 86.21% of its industry peers.
In the last couple of years the Gross Margin of OBE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.79% | ||
| PM (TTM) | 16.52% | ||
| GM | 71.08% |
OM growth 3Y79.24%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.61%
GM growth 5Y3.11%
2. Health
2.1 Basic Checks
OBE 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 OBE has been reduced compared to 1 year ago.
The number of shares outstanding for OBE has been increased compared to 5 years ago.
The debt/assets ratio for OBE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.76, we must say that OBE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.76, OBE perfoms like the industry average, outperforming 50.74% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that OBE is not too dependend on debt financing.
OBE has a Debt to Equity ratio (0.18) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.76 |
ROIC/WACC0.96
WACC6.37%
2.3 Liquidity
A Current Ratio of 0.45 indicates that OBE may have some problems paying its short term obligations.
OBE has a worse Current ratio (0.45) than 82.76% of its industry peers.
A Quick Ratio of 0.45 indicates that OBE may have some problems paying its short term obligations.
OBE's Quick ratio of 0.45 is on the low side compared to the rest of the industry. OBE is outperformed by 82.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
The earnings per share for OBE have decreased strongly by -82.67% in the last year.
OBE shows a small growth in Revenue. In the last year, the Revenue has grown by 3.16%.
The Revenue has been growing by 10.11% on average over the past years. This is quite good.
EPS 1Y (TTM)-82.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
Revenue 1Y (TTM)3.16%
Revenue growth 3Y32.96%
Revenue growth 5Y10.11%
Sales Q2Q%22.3%
3.2 Future
OBE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.65% yearly.
OBE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by 0.00% yearly.
EPS Next Y76.76%
EPS Next 2Y58.35%
EPS Next 3Y3.65%
EPS Next 5YN/A
Revenue Next Year-8.96%
Revenue Next 2Y1.02%
Revenue Next 3Y0%
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
The Price/Earnings ratio is 5.98, which indicates a rather cheap valuation of OBE.
Based on the Price/Earnings ratio, OBE is valued cheaper than 87.19% of the companies in the same industry.
OBE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.10.
The Price/Forward Earnings ratio is 2.67, which indicates a rather cheap valuation of OBE.
OBE's Price/Forward Earnings ratio is rather cheap when compared to the industry. OBE is cheaper than 96.06% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.41, OBE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | 2.67 |
4.2 Price Multiples
94.09% of the companies in the same industry are more expensive than OBE, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.43 |
4.3 Compensation for Growth
OBE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
OBE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y58.35%
EPS Next 3Y3.65%
5. Dividend
5.1 Amount
No dividends for OBE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OBSIDIAN ENERGY LTD
TSX:OBE (1/13/2025, 7:00:00 PM)
8.67
-0.01 (-0.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.43%
Inst Owner ChangeN/A
Ins Owners1.36%
Ins Owner ChangeN/A
Market Cap645.05M
Analysts80
Price Target14.28 (64.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-57.61%
Min EPS beat(2)-60.77%
Max EPS beat(2)-54.46%
EPS beat(4)0
Avg EPS beat(4)-58.11%
Min EPS beat(4)-79.79%
Max EPS beat(4)-37.43%
EPS beat(8)1
Avg EPS beat(8)102.78%
EPS beat(12)3
Avg EPS beat(12)78.19%
EPS beat(16)7
Avg EPS beat(16)383.41%
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)0%
PT rev (3m)-3.45%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-22.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | 2.67 | ||
| P/S | 0.91 | ||
| P/FCF | N/A | ||
| P/OCF | 1.77 | ||
| P/B | 0.38 | ||
| P/tB | 0.38 | ||
| EV/EBITDA | 2.43 |
EPS(TTM)1.45
EY16.72%
EPS(NY)3.25
Fwd EY37.51%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)4.9
OCFY56.52%
SpS9.48
BVpS22.89
TBVpS22.89
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 6.84% | ||
| ROCE | 8.13% | ||
| ROIC | 6.12% | ||
| ROICexc | 6.12% | ||
| ROICexgc | 6.12% | ||
| OM | 24.79% | ||
| PM (TTM) | 16.52% | ||
| GM | 71.08% | ||
| FCFM | N/A |
ROA(3y)23.51%
ROA(5y)-10.19%
ROE(3y)37.34%
ROE(5y)-39.81%
ROIC(3y)10.85%
ROIC(5y)N/A
ROICexc(3y)10.89%
ROICexc(5y)N/A
ROICexgc(3y)10.89%
ROICexgc(5y)N/A
ROCE(3y)14.43%
ROCE(5y)N/A
ROICexcg growth 3Y39.83%
ROICexcg growth 5YN/A
ROICexc growth 3Y39.83%
ROICexc growth 5YN/A
OM growth 3Y79.24%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.61%
GM growth 5Y3.11%
F-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 189.14% | ||
| Cap/Sales | 62.93% | ||
| Interest Coverage | 6.48 | ||
| Cash Conversion | 89.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 0.76 |
F-Score4
WACC6.37%
ROIC/WACC0.96
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)38.8%
Cap/Sales(5y)32.57%
Profit Quality(3y)28.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-82.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
EPS Next Y76.76%
EPS Next 2Y58.35%
EPS Next 3Y3.65%
EPS Next 5YN/A
Revenue 1Y (TTM)3.16%
Revenue growth 3Y32.96%
Revenue growth 5Y10.11%
Sales Q2Q%22.3%
Revenue Next Year-8.96%
Revenue Next 2Y1.02%
Revenue Next 3Y0%
Revenue Next 5YN/A
EBIT growth 1Y-14.85%
EBIT growth 3Y138.32%
EBIT growth 5YN/A
EBIT Next Year93.7%
EBIT Next 3Y39.85%
EBIT Next 5YN/A
FCF growth 1Y-162.94%
FCF growth 3Y38.98%
FCF growth 5YN/A
OCF growth 1Y-7.27%
OCF growth 3Y64.38%
OCF growth 5Y28.93%