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 on profitability, but there are some minor concerns on its financial health. TOU is growing strongly while it is still valued neutral. This is a good combination! These ratings would make TOU suitable for growth investing!
1. Profitability
1.1 Basic Checks
TOU had positive earnings in the past year.
TOU had a positive operating cash flow in the past year.
In the past 5 years TOU has always been profitable.
In the past 5 years TOU always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TOU (5.50%) is better than 84.58% of its industry peers.
With a decent Return On Equity value of 7.95%, TOU is doing good in the industry, outperforming 63.08% of the companies in the same industry.
TOU has a better Return On Invested Capital (5.44%) than 73.36% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TOU is significantly above the industry average of 7.31%.
The last Return On Invested Capital (5.44%) for TOU is well below the 3 year average (13.45%), which needs to be investigated, but indicates that TOU had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 7.95% | ||
| ROIC | 5.44% |
ROA(3y)12.68%
ROA(5y)11.23%
ROE(3y)17.77%
ROE(5y)15.56%
ROIC(3y)13.45%
ROIC(5y)10.36%
1.3 Margins
TOU has a better Profit Margin (22.39%) than 85.05% of its industry peers.
In the last couple of years the Profit Margin of TOU has grown nicely.
TOU has a Operating Margin of 26.25%. This is in the better half of the industry: TOU outperforms 77.10% of its industry peers.
TOU's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 98.63%, TOU belongs to the best of the industry, outperforming 100.00% 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 | 26.25% | ||
| PM (TTM) | 22.39% | ||
| GM | 98.63% |
OM growth 3Y-13.4%
OM growth 5Y8.65%
PM growth 3Y-20.73%
PM growth 5Y8.86%
GM growth 3Y-0.05%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TOU is creating some value.
TOU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TOU has more shares outstanding
Compared to 1 year ago, TOU has a worse debt to assets ratio.
2.2 Solvency
TOU has an Altman-Z score of 2.84. This is not the best score and indicates that TOU is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.84, TOU is doing good in the industry, outperforming 77.57% of the companies in the same industry.
TOU has a debt to FCF ratio of 1.87. This is a very positive value and a sign of high solvency as it would only need 1.87 years to pay back of all of its debts.
TOU's Debt to FCF ratio of 1.87 is amongst the best of the industry. TOU outperforms 84.11% of its industry peers.
TOU has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
TOU has a Debt to Equity ratio of 0.08. This is in the better half of the industry: TOU outperforms 72.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 2.84 |
ROIC/WACC0.67
WACC8.06%
2.3 Liquidity
TOU has a Current Ratio of 0.67. 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's Current ratio of 0.67 is on the low side compared to the rest of the industry. TOU is outperformed by 63.55% of its industry peers.
TOU has a Quick Ratio of 0.67. 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's Quick ratio of 0.67 is in line compared to the rest of the industry. TOU outperforms 54.67% 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 | 0.67 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
TOU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.60%.
TOU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.29% yearly.
TOU shows a decrease in Revenue. In the last year, the revenue decreased by -2.60%.
Measured over the past years, TOU shows a very strong growth in Revenue. The Revenue has been growing by 20.93% on average per year.
EPS 1Y (TTM)-32.6%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-18.84%
Revenue 1Y (TTM)-2.6%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%10.05%
3.2 Future
Based on estimates for the next years, TOU will show a very strong growth in Earnings Per Share. The EPS will grow by 30.49% on average per year.
TOU is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.09% yearly.
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue Next Year33.82%
Revenue Next 2Y19.58%
Revenue Next 3Y12.09%
Revenue Next 5YN/A
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.
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 18.48 indicates a rather expensive valuation of TOU.
Based on the Price/Earnings ratio, TOU is valued a bit cheaper than 60.28% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. TOU is valued slightly cheaper when compared to this.
TOU is valuated reasonably with a Price/Forward Earnings ratio of 9.45.
Based on the Price/Forward Earnings ratio, TOU is valued a bit cheaper than 64.02% of the companies in the same industry.
TOU is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.48 | ||
| Fwd PE | 9.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TOU is valued a bit cheaper than the industry average as 66.82% of the companies are valued more expensively.
TOU's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.83 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
TOU's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of TOU may justify a higher PE ratio.
A more expensive valuation may be justified as TOU's earnings are expected to grow with 25.44% in the coming years.
PEG (NY)0.25
PEG (5Y)0.76
EPS Next 2Y37.21%
EPS Next 3Y25.44%
5. Dividend
5.1 Amount
TOU has a Yearly Dividend Yield of 3.19%.
Compared to an average industry Dividend Yield of 6.24, TOU pays a bit more dividend than its industry peers.
TOU's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
5.2 History
The dividend of TOU is nicely growing with an annual growth rate of 48.01%!
TOU has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)48.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TOU pays out 99.26% 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.
DP99.26%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
TSX:TOU (7/11/2025, 7:00:00 PM)
62.27
-0.5 (-0.8%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.44%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap24.09B
Analysts80.83
Price Target77.94 (25.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
Yearly Dividend3.27
Dividend Growth(5Y)48.01%
DP99.26%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.43%
Min EPS beat(2)-61.32%
Max EPS beat(2)0.46%
EPS beat(4)2
Avg EPS beat(4)-16.24%
Min EPS beat(4)-61.32%
Max EPS beat(4)15.43%
EPS beat(8)4
Avg EPS beat(8)-9.85%
EPS beat(12)6
Avg EPS beat(12)-1.92%
EPS beat(16)9
Avg EPS beat(16)9.24%
Revenue beat(2)0
Avg Revenue beat(2)-25.18%
Min Revenue beat(2)-30.54%
Max Revenue beat(2)-19.82%
Revenue beat(4)0
Avg Revenue beat(4)-28.72%
Min Revenue beat(4)-40%
Max Revenue beat(4)-19.82%
Revenue beat(8)2
Avg Revenue beat(8)-5.51%
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)-0.07%
PT rev (3m)-3.35%
EPS NQ rev (1m)-5.27%
EPS NQ rev (3m)-23.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.53%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.48 | ||
| Fwd PE | 9.45 | ||
| P/S | 4.38 | ||
| P/FCF | 36.83 | ||
| P/OCF | 7.58 | ||
| P/B | 1.55 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 8.35 |
EPS(TTM)3.37
EY5.41%
EPS(NY)6.59
Fwd EY10.58%
FCF(TTM)1.69
FCFY2.72%
OCF(TTM)8.21
OCFY13.19%
SpS14.23
BVpS40.05
TBVpS40.05
PEG (NY)0.25
PEG (5Y)0.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 7.95% | ||
| ROCE | 6.98% | ||
| ROIC | 5.44% | ||
| ROICexc | 5.44% | ||
| ROICexgc | 5.44% | ||
| OM | 26.25% | ||
| PM (TTM) | 22.39% | ||
| GM | 98.63% | ||
| FCFM | 11.89% |
ROA(3y)12.68%
ROA(5y)11.23%
ROE(3y)17.77%
ROE(5y)15.56%
ROIC(3y)13.45%
ROIC(5y)10.36%
ROICexc(3y)13.45%
ROICexc(5y)10.36%
ROICexgc(3y)13.45%
ROICexgc(5y)10.36%
ROCE(3y)17.25%
ROCE(5y)13.29%
ROICexcg growth 3Y-17.72%
ROICexcg growth 5Y15.13%
ROICexc growth 3Y-17.72%
ROICexc growth 5Y15.13%
OM growth 3Y-13.4%
OM growth 5Y8.65%
PM growth 3Y-20.73%
PM growth 5Y8.86%
GM growth 3Y-0.05%
GM growth 5Y0.07%
F-Score4
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.87 | ||
| Debt/EBITDA | 0.4 | ||
| Cap/Depr | 159.01% | ||
| Cap/Sales | 45.86% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.82% | ||
| Profit Quality | 53.09% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 2.84 |
F-Score4
WACC8.06%
ROIC/WACC0.67
Cap/Depr(3y)156.64%
Cap/Depr(5y)159.87%
Cap/Sales(3y)33.91%
Cap/Sales(5y)39.63%
Profit Quality(3y)77.43%
Profit Quality(5y)56.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-32.6%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-18.84%
EPS Next Y73.12%
EPS Next 2Y37.21%
EPS Next 3Y25.44%
EPS Next 5Y30.49%
Revenue 1Y (TTM)-2.6%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%10.05%
Revenue Next Year33.82%
Revenue Next 2Y19.58%
Revenue Next 3Y12.09%
Revenue Next 5YN/A
EBIT growth 1Y-32.2%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year175.94%
EBIT Next 3Y46.8%
EBIT Next 5YN/A
FCF growth 1Y-78.54%
FCF growth 3Y-18.34%
FCF growth 5YN/A
OCF growth 1Y-37.91%
OCF growth 3Y-1.39%
OCF growth 5Y18.37%