TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
TSX:TOU - Toronto Stock Exchange - CA89156V1067 - Common Stock - Currency: CAD
Taking everything into account, TOU scores 7 out of 10 in our fundamental rating. TOU was compared to 219 industry peers in the Oil, Gas & Consumable Fuels industry. TOU has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TOU is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, TOU could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
TOU had positive earnings in the past year.
In the past year TOU had a positive cash flow from operations.
Each year in the past 5 years TOU has been profitable.
TOU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TOU has a better Return On Assets (7.77%) than 90.05% of its industry peers.
TOU has a Return On Equity of 11.11%. This is amongst the best in the industry. TOU outperforms 84.16% of its industry peers.
TOU has a better Return On Invested Capital (8.24%) than 85.97% 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 7.60%.
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
Looking at the Profit Margin, with a value of 26.76%, TOU belongs to the top of the industry, outperforming 89.14% of the companies in the same industry.
TOU's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 34.11%, TOU belongs to the best of the industry, outperforming 84.16% of the companies in the same industry.
TOU's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 99.02%, TOU belongs to the best of the industry, outperforming 99.55% of the companies in the same industry.
TOU's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TOU is creating value.
TOU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TOU has more shares outstanding
The debt/assets ratio for TOU is higher compared to a year ago.
2.2 Solvency
TOU has an Altman-Z score of 3.35. This indicates that TOU is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.35, TOU belongs to the best of the industry, outperforming 83.71% of the companies in the same industry.
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 89.59% 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.
With a decent Debt to Equity ratio value of 0.10, TOU is doing good in the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 3.35 |
ROIC/WACC1.06
WACC7.78%
2.3 Liquidity
A Current Ratio of 0.90 indicates that TOU may have some problems paying its short term obligations.
With a Current ratio value of 0.90, TOU perfoms like the industry average, outperforming 59.28% of the companies in the same industry.
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.
TOU has a better Quick ratio (0.90) than 65.61% of its industry peers.
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
The Earnings Per Share has grown by an impressive 51.19% over the past year.
The Earnings Per Share has been growing by 27.94% on average over the past years. This is a very strong growth
Looking at the last year, TOU shows a very strong growth in Revenue. The Revenue has grown by 25.98%.
Measured over the past years, TOU shows a very strong growth in Revenue. The Revenue has been growing by 21.35% on average per year.
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
Based on estimates for the next years, TOU will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.02% on average per year.
The Revenue is expected to grow by 10.16% on average over the next years. This is quite good.
EPS Next Y-28.96%
EPS Next 2Y12.07%
EPS Next 3Y9.86%
EPS Next 5Y15.02%
Revenue Next Year-3.72%
Revenue Next 2Y14.09%
Revenue Next 3Y10.16%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.38 indicates a correct valuation of TOU.
Compared to the rest of the industry, the Price/Earnings ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 62.90% of the companies listed in the same industry.
TOU's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
With a Price/Forward Earnings ratio of 10.06, the valuation of TOU can be described as very reasonable.
61.09% of the companies in the same industry are more expensive than TOU, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, TOU is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.38 | ||
| Fwd PE | 10.06 |
4.2 Price Multiples
TOU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TOU is cheaper than 71.49% of the companies in the same industry.
TOU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.25 | ||
| EV/EBITDA | 7.19 |
4.3 Compensation for Growth
The excellent profitability rating of TOU may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y12.07%
EPS Next 3Y9.86%
5. Dividend
5.1 Amount
TOU has a Yearly Dividend Yield of 2.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.94, TOU pays a bit more dividend than its industry peers.
TOU's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
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 2Y12.07%
EPS Next 3Y9.86%
TSX:TOU (3/7/2025, 7:00:00 PM)
63.69
+0.82 (+1.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.48%
Inst Owner ChangeN/A
Ins Owners0.8%
Ins Owner ChangeN/A
Market Cap23.80B
Analysts80
Price Target80.75 (26.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
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)0.28%
PT rev (3m)2.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.07%
EPS NY rev (1m)-1.02%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.01%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.38 | ||
| Fwd PE | 10.06 | ||
| P/S | 4.09 | ||
| P/FCF | 25.25 | ||
| P/OCF | 7.74 | ||
| P/B | 1.7 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 7.19 |
EPS(TTM)4.43
EY6.96%
EPS(NY)6.33
Fwd EY9.94%
FCF(TTM)2.52
FCFY3.96%
OCF(TTM)8.23
OCFY12.93%
SpS15.57
BVpS37.51
TBVpS37.51
PEG (NY)N/A
PEG (5Y)0.51
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 | 3.35 |
F-Score5
WACC7.78%
ROIC/WACC1.06
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-28.96%
EPS Next 2Y12.07%
EPS Next 3Y9.86%
EPS Next 5Y15.02%
Revenue 1Y (TTM)25.98%
Revenue growth 3Y36.85%
Revenue growth 5Y21.35%
Sales Q2Q%-68.32%
Revenue Next Year-3.72%
Revenue Next 2Y14.09%
Revenue Next 3Y10.16%
Revenue Next 5YN/A
EBIT growth 1Y46.35%
EBIT growth 3Y96.92%
EBIT growth 5Y31.38%
EBIT Next Year127.38%
EBIT Next 3Y46.02%
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%