TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
TOU gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. TOU scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TOU is growing strongly while it is still valued neutral. This is a good combination! This makes TOU very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year TOU was profitable.
In the past year TOU had a positive cash flow from operations.
In the past 5 years TOU has always been profitable.
Each year in the past 5 years TOU had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.77%, TOU belongs to the top of the industry, outperforming 85.57% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.11%, TOU is in the better half of the industry, outperforming 77.11% of the companies in the same industry.
The Return On Invested Capital of TOU (8.24%) is better than 81.09% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TOU is significantly above the industry average of 7.73%.
The last Return On Invested Capital (8.24%) for TOU is well below the 3 year average (14.84%), which needs to be investigated, but indicates that TOU had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 11.11% | ||
| ROIC | 8.24% |
ROA(3y)15.21%
ROA(5y)10.67%
ROE(3y)20.87%
ROE(5y)14.75%
ROIC(3y)14.84%
ROIC(5y)9.8%
1.3 Margins
With an excellent Profit Margin value of 26.76%, TOU belongs to the best of the industry, outperforming 86.57% of the companies in the same industry.
In the last couple of years the Profit Margin of TOU has grown nicely.
The Operating Margin of TOU (34.11%) is better than 82.59% of its industry peers.
In the last couple of years the Operating Margin of TOU has grown nicely.
With an excellent Gross Margin value of 99.02%, TOU belongs to the best of the industry, outperforming 99.50% of the companies in the same industry.
In the last couple of years the Gross Margin of TOU has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.11% | ||
| PM (TTM) | 26.76% | ||
| GM | 99.02% |
OM growth 3Y43.89%
OM growth 5Y8.27%
PM growth 3Y3.08%
PM growth 5Y10.45%
GM growth 3Y0.57%
GM growth 5Y0.12%
2. Health
2.1 Basic Checks
TOU has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TOU has more shares outstanding
The number of shares outstanding for TOU has been increased compared to 5 years ago.
Compared to 1 year ago, TOU has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.45 indicates that TOU is not in any danger for bankruptcy at the moment.
TOU has a Altman-Z score of 3.45. This is amongst the best in the industry. TOU outperforms 82.09% of its industry peers.
The Debt to FCF ratio of TOU is 1.43, which is an excellent value as it means it would take TOU, only 1.43 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.43, TOU belongs to the top of the industry, outperforming 89.05% of the companies in the same industry.
TOU has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
TOU has a better Debt to Equity ratio (0.10) than 68.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.45 |
ROIC/WACC1.07
WACC7.67%
2.3 Liquidity
A Current Ratio of 0.90 indicates that TOU may have some problems paying its short term obligations.
TOU's Current ratio of 0.90 is in line compared to the rest of the industry. TOU outperforms 50.25% of its industry peers.
TOU has a Quick Ratio of 0.90. This is a bad value and indicates that TOU is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, TOU is in line with its industry, outperforming 54.23% of the companies in the same industry.
TOU does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
TOU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.19%, which is quite impressive.
The Earnings Per Share has been growing by 27.94% on average over the past years. This is a very strong growth
TOU shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.98%.
The Revenue has been growing by 21.35% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)51.19%
EPS 3Y31.04%
EPS 5Y27.94%
EPS Q2Q%25%
Revenue 1Y (TTM)25.98%
Revenue growth 3Y36.85%
Revenue growth 5Y21.35%
Sales Q2Q%-68.32%
3.2 Future
The Earnings Per Share is expected to grow by 15.02% on average over the next years. This is quite good.
Based on estimates for the next years, TOU will show a quite strong growth in Revenue. The Revenue will grow by 8.77% on average per year.
EPS Next Y-28.23%
EPS Next 2Y12.39%
EPS Next 3Y10.76%
EPS Next 5Y15.02%
Revenue Next Year-3.2%
Revenue Next 2Y12.82%
Revenue Next 3Y8.77%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.02, which indicates a correct valuation of TOU.
The rest of the industry has a similar Price/Earnings ratio as TOU.
The average S&P500 Price/Earnings ratio is at 28.35. TOU is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 10.46, the valuation of TOU can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TOU is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of TOU to the average of the S&P500 Index (95.00), we can say TOU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.02 | ||
| Fwd PE | 10.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TOU is valued a bit cheaper than the industry average as 68.66% of the companies are valued more expensively.
TOU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.38 | ||
| EV/EBITDA | 7.49 |
4.3 Compensation for Growth
The excellent profitability rating of TOU may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y12.39%
EPS Next 3Y10.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.08%, TOU has a reasonable but not impressive dividend return.
TOU's Dividend Yield is comparable with the industry average which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.28, TOU has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
On average, the dividend of TOU grows each year by 77.10%, which is quite nice.
TOU has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)77.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TOU pays out 84.05% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TOU is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP84.05%
EPS Next 2Y12.39%
EPS Next 3Y10.76%
TOURMALINE OIL CORP
TSX:TOU (2/5/2025, 7:00:00 PM)
66.56
-0.08 (-0.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.37%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap24.86B
Analysts80.91
Price Target80.53 (20.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly Dividend6.45
Dividend Growth(5Y)77.1%
DP84.05%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.05%
Min EPS beat(2)-19.54%
Max EPS beat(2)15.43%
EPS beat(4)2
Avg EPS beat(4)-2.4%
Min EPS beat(4)-44.49%
Max EPS beat(4)39.01%
EPS beat(8)3
Avg EPS beat(8)-23.07%
EPS beat(12)6
Avg EPS beat(12)6.02%
EPS beat(16)10
Avg EPS beat(16)41.47%
Revenue beat(2)0
Avg Revenue beat(2)-32.25%
Min Revenue beat(2)-40%
Max Revenue beat(2)-24.51%
Revenue beat(4)1
Avg Revenue beat(4)-18.03%
Min Revenue beat(4)-40%
Max Revenue beat(4)9.73%
Revenue beat(8)2
Avg Revenue beat(8)-12.2%
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)1.38%
PT rev (3m)2.36%
EPS NQ rev (1m)2.93%
EPS NQ rev (3m)-30.1%
EPS NY rev (1m)0.74%
EPS NY rev (3m)2.38%
Revenue NQ rev (1m)3.01%
Revenue NQ rev (3m)-8.26%
Revenue NY rev (1m)1.56%
Revenue NY rev (3m)12.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.02 | ||
| Fwd PE | 10.46 | ||
| P/S | 4.27 | ||
| P/FCF | 26.38 | ||
| P/OCF | 8.08 | ||
| P/B | 1.77 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 7.49 |
EPS(TTM)4.43
EY6.66%
EPS(NY)6.37
Fwd EY9.56%
FCF(TTM)2.52
FCFY3.79%
OCF(TTM)8.24
OCFY12.38%
SpS15.58
BVpS37.54
TBVpS37.54
PEG (NY)N/A
PEG (5Y)0.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 11.11% | ||
| ROCE | 10.59% | ||
| ROIC | 8.24% | ||
| ROICexc | 8.24% | ||
| ROICexgc | 8.24% | ||
| OM | 34.11% | ||
| PM (TTM) | 26.76% | ||
| GM | 99.02% | ||
| FCFM | 16.2% |
ROA(3y)15.21%
ROA(5y)10.67%
ROE(3y)20.87%
ROE(5y)14.75%
ROIC(3y)14.84%
ROIC(5y)9.8%
ROICexc(3y)14.84%
ROICexc(5y)9.8%
ROICexgc(3y)14.84%
ROICexgc(5y)9.8%
ROCE(3y)19.08%
ROCE(5y)12.59%
ROICexcg growth 3Y70.69%
ROICexcg growth 5Y16.6%
ROICexc growth 3Y70.69%
ROICexc growth 5Y16.6%
OM growth 3Y43.89%
OM growth 5Y8.27%
PM growth 3Y3.08%
PM growth 5Y10.45%
GM growth 3Y0.57%
GM growth 5Y0.12%
F-Score5
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 140.86% | ||
| Cap/Sales | 36.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.9% | ||
| Profit Quality | 60.53% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.45 |
F-Score5
WACC7.67%
ROIC/WACC1.07
Cap/Depr(3y)186.2%
Cap/Depr(5y)161.12%
Cap/Sales(3y)35.31%
Cap/Sales(5y)43.69%
Profit Quality(3y)79.23%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.19%
EPS 3Y31.04%
EPS 5Y27.94%
EPS Q2Q%25%
EPS Next Y-28.23%
EPS Next 2Y12.39%
EPS Next 3Y10.76%
EPS Next 5Y15.02%
Revenue 1Y (TTM)25.98%
Revenue growth 3Y36.85%
Revenue growth 5Y21.35%
Sales Q2Q%-68.32%
Revenue Next Year-3.2%
Revenue Next 2Y12.82%
Revenue Next 3Y8.77%
Revenue Next 5YN/A
EBIT growth 1Y46.35%
EBIT growth 3Y96.92%
EBIT growth 5Y31.38%
EBIT Next Year54.34%
EBIT Next 3Y28.33%
EBIT Next 5YN/A
FCF growth 1Y-65.63%
FCF growth 3Y283.57%
FCF growth 5YN/A
OCF growth 1Y-33.64%
OCF growth 3Y57.62%
OCF growth 5Y28.26%