TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:TOU • CA89156V1067

60.91 CAD
-1.75 (-2.79%)
Last: Feb 10, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Taking everything into account, TOU scores 6 out of 10 in our fundamental rating. TOU was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. TOU has an excellent profitability rating, but there are some minor concerns on its financial health. TOU has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

9

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.
TOU.CA Yearly Net Income VS EBIT VS OCF VS FCFTOU.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 2B 4B

1.2 Ratios

  • TOU's Return On Assets of 6.38% is amongst the best of the industry. TOU outperforms 90.09% of its industry peers.
  • With a decent Return On Equity value of 9.04%, TOU is doing good in the industry, outperforming 77.36% of the companies in the same industry.
  • TOU has a better Return On Invested Capital (6.40%) than 81.60% 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 6.50%.
  • The 3 year average ROIC (13.45%) for TOU is well above the current ROIC(6.40%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 6.38%
ROE 9.04%
ROIC 6.4%
ROA(3y)12.68%
ROA(5y)11.23%
ROE(3y)17.77%
ROE(5y)15.56%
ROIC(3y)13.45%
ROIC(5y)10.36%
TOU.CA Yearly ROA, ROE, ROICTOU.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • TOU's Profit Margin of 24.76% is amongst the best of the industry. TOU outperforms 89.15% of its industry peers.
  • TOU's Profit Margin has improved in the last couple of years.
  • TOU has a Operating Margin of 30.24%. This is amongst the best in the industry. TOU outperforms 85.38% of its industry peers.
  • TOU's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 98.52%, TOU belongs to the top 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 RankSector Rank
OM 30.24%
PM (TTM) 24.76%
GM 98.52%
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%
TOU.CA Yearly Profit, Operating, Gross MarginsTOU.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

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.
  • TOU has more shares outstanding than it did 5 years ago.
  • TOU has a worse debt/assets ratio than last year.
TOU.CA Yearly Shares OutstandingTOU.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
TOU.CA Yearly Total Debt VS Total AssetsTOU.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • TOU has an Altman-Z score of 2.90. 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.
  • The Altman-Z score of TOU (2.90) is better than 78.30% of its industry peers.
  • TOU has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as TOU would need 2.95 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 2.95, TOU belongs to the best of the industry, outperforming 86.79% of the companies in the same industry.
  • A Debt/Equity ratio of 0.10 indicates that TOU is not too dependend on debt financing.
  • TOU has a Debt to Equity ratio of 0.10. This is in the better half of the industry: TOU outperforms 73.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 2.95
Altman-Z 2.9
ROIC/WACC0.82
WACC7.83%
TOU.CA Yearly LT Debt VS Equity VS FCFTOU.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B

2.3 Liquidity

  • TOU has a Current Ratio of 0.72. 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 0.72 is in line compared to the rest of the industry. TOU outperforms 45.28% of its industry peers.
  • TOU has a Quick Ratio of 0.72. This is a bad value and indicates that TOU is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of TOU (0.72) is comparable to the rest of the 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 RankSector Rank
Current Ratio 0.72
Quick Ratio 0.72
TOU.CA Yearly Current Assets VS Current LiabilitesTOU.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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

5

3. Growth

3.1 Past

  • TOU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.22%.
  • TOU shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.29% yearly.
  • Looking at the last year, TOU shows a decrease in Revenue. The Revenue has decreased by -3.01% in the last year.
  • The Revenue has been growing by 20.93% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-21.22%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-51%
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%59.02%

3.2 Future

  • TOU is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.50% yearly.
  • The Revenue is expected to grow by 8.08% on average over the next years. This is quite good.
EPS Next Y-5.63%
EPS Next 2Y15.18%
EPS Next 3Y15.97%
EPS Next 5Y1.5%
Revenue Next Year8.65%
Revenue Next 2Y16.04%
Revenue Next 3Y12.93%
Revenue Next 5Y8.08%

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 decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TOU.CA Yearly Revenue VS EstimatesTOU.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 8B
TOU.CA Yearly EPS VS EstimatesTOU.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6 8 10

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.45 indicates a rather expensive valuation of TOU.
  • 66.04% of the companies in the same industry are more expensive than TOU, based on the Price/Earnings ratio.
  • TOU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.03.
  • With a Price/Forward Earnings ratio of 13.12, TOU is valued correctly.
  • Based on the Price/Forward Earnings ratio, TOU is valued a bit cheaper than the industry average as 68.87% of the companies are valued more expensively.
  • TOU's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.97.
Industry RankSector Rank
PE 17.45
Fwd PE 13.12
TOU.CA Price Earnings VS Forward Price EarningsTOU.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TOU is valued a bit cheaper than 77.36% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as TOU.
Industry RankSector Rank
P/FCF 43.5
EV/EBITDA 7.3
TOU.CA Per share dataTOU.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The excellent profitability rating of TOU may justify a higher PE ratio.
  • TOU's earnings are expected to grow with 15.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y15.18%
EPS Next 3Y15.97%

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

5

5. Dividend

5.1 Amount

  • TOU has a Yearly Dividend Yield of 3.21%.
  • TOU's Dividend Yield is a higher than the industry average which is at 3.13.
  • TOU's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.21%

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
TOU.CA Yearly Dividends per shareTOU.CA Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • TOU pays out 84.49% 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.
DP84.49%
EPS Next 2Y15.18%
EPS Next 3Y15.97%
TOU.CA Yearly Income VS Free CF VS DividendTOU.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B 4B
TOU.CA Dividend Payout.TOU.CA Dividend Payout, showing the Payout Ratio.TOU.CA Dividend Payout.PayoutRetained Earnings

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TOURMALINE OIL CORP

TSX:TOU (2/10/2026, 7:00:00 PM)

60.91

-1.75 (-2.79%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05
Earnings (Next)03-04
Inst Owners43.33%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap23.57B
Revenue(TTM)5.37B
Net Income(TTM)1.49B
Analysts78.46
Price Target72.32 (18.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.21%
Yearly Dividend3.27
Dividend Growth(5Y)48.01%
DP84.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.22%
Min EPS beat(2)-61.32%
Max EPS beat(2)46.89%
EPS beat(4)3
Avg EPS beat(4)0.36%
Min EPS beat(4)-61.32%
Max EPS beat(4)46.89%
EPS beat(8)4
Avg EPS beat(8)-8.36%
EPS beat(12)6
Avg EPS beat(12)1.52%
EPS beat(16)9
Avg EPS beat(16)4.59%
Revenue beat(2)0
Avg Revenue beat(2)-25.92%
Min Revenue beat(2)-32.01%
Max Revenue beat(2)-19.82%
Revenue beat(4)0
Avg Revenue beat(4)-30.59%
Min Revenue beat(4)-40%
Max Revenue beat(4)-19.82%
Revenue beat(8)2
Avg Revenue beat(8)-7.67%
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)-2.29%
PT rev (3m)-4.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.02%
EPS NY rev (3m)-5.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-4.03%
Revenue NY rev (3m)-7.14%
Valuation
Industry RankSector Rank
PE 17.45
Fwd PE 13.12
P/S 3.92
P/FCF 43.5
P/OCF 7.31
P/B 1.43
P/tB 1.43
EV/EBITDA 7.3
EPS(TTM)3.49
EY5.73%
EPS(NY)4.64
Fwd EY7.62%
FCF(TTM)1.4
FCFY2.3%
OCF(TTM)8.34
OCFY13.69%
SpS15.55
BVpS42.59
TBVpS42.59
PEG (NY)N/A
PEG (5Y)0.72
Graham Number57.83
Profitability
Industry RankSector Rank
ROA 6.38%
ROE 9.04%
ROCE 8.33%
ROIC 6.4%
ROICexc 6.4%
ROICexgc 6.4%
OM 30.24%
PM (TTM) 24.76%
GM 98.52%
FCFM 9%
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%
ROICexgc growth 3Y-17.72%
ROICexgc 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 Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 2.95
Debt/EBITDA 0.46
Cap/Depr 164.29%
Cap/Sales 44.61%
Interest Coverage 250
Cash Conversion 93.42%
Profit Quality 36.37%
Current Ratio 0.72
Quick Ratio 0.72
Altman-Z 2.9
F-Score4
WACC7.83%
ROIC/WACC0.82
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)-21.22%
EPS 3Y-17.7%
EPS 5Y24.29%
EPS Q2Q%-51%
EPS Next Y-5.63%
EPS Next 2Y15.18%
EPS Next 3Y15.97%
EPS Next 5Y1.5%
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%59.02%
Revenue Next Year8.65%
Revenue Next 2Y16.04%
Revenue Next 3Y12.93%
Revenue Next 5Y8.08%
EBIT growth 1Y-3.08%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year121.79%
EBIT Next 3Y44.15%
EBIT Next 5Y22.71%
FCF growth 1Y-81.11%
FCF growth 3Y-18.34%
FCF growth 5YN/A
OCF growth 1Y-31.9%
OCF growth 3Y-1.39%
OCF growth 5Y18.37%

TOURMALINE OIL CORP / TOU.CA FAQ

What is the ChartMill fundamental rating of TOURMALINE OIL CORP (TOU.CA) stock?

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


What is the valuation status for TOU stock?

ChartMill assigns a valuation rating of 5 / 10 to TOURMALINE OIL CORP (TOU.CA). This can be considered as Fairly Valued.


What is the profitability of TOU stock?

TOURMALINE OIL CORP (TOU.CA) has a profitability rating of 9 / 10.


What are the PE and PB ratios of TOURMALINE OIL CORP (TOU.CA) stock?

The Price/Earnings (PE) ratio for TOURMALINE OIL CORP (TOU.CA) is 17.45 and the Price/Book (PB) ratio is 1.43.


What is the earnings growth outlook for TOURMALINE OIL CORP?

The Earnings per Share (EPS) of TOURMALINE OIL CORP (TOU.CA) is expected to decline by -5.63% in the next year.