TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis

TSX:TOU • CA89156V1067

63.02 CAD
-0.07 (-0.11%)
Last: Feb 20, 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 203 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 has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

9

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.
  • Each year in the past 5 years TOU has been profitable.
  • In the past 5 years TOU always reported a positive cash flow from operatings.
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 has a Return On Assets of 6.38%. This is amongst the best in the industry. TOU outperforms 90.15% of its industry peers.
  • TOU has a better Return On Equity (9.04%) than 76.85% of its industry peers.
  • The Return On Invested Capital of TOU (6.40%) is better than 81.28% of its industry peers.
  • TOU had an Average Return On Invested Capital over the past 3 years of 13.45%. This is significantly above the industry average of 6.56%.
  • The last Return On Invested Capital (6.40%) 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 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

  • Looking at the Profit Margin, with a value of 24.76%, TOU belongs to the top of the industry, outperforming 89.16% of the companies in the same industry.
  • 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 84.73% of its industry peers.
  • TOU's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 98.52%, 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 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

  • TOU 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 TOU has been increased compared to 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

  • An Altman-Z score of 2.94 indicates that TOU is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • TOU has a Altman-Z score of 2.94. This is in the better half of the industry: TOU outperforms 78.33% 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.
  • The Debt to FCF ratio of TOU (2.95) is better than 86.70% of its industry peers.
  • TOU has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
  • TOU's Debt to Equity ratio of 0.10 is fine compared to the rest of the industry. TOU outperforms 72.41% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 2.95
Altman-Z 2.94
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 has a Current ratio (0.72) which is in line with its industry peers.
  • A Quick Ratio of 0.72 indicates that TOU may have some problems paying its short term obligations.
  • TOU's Quick ratio of 0.72 is in line compared to the rest of the industry. TOU outperforms 56.65% of its industry peers.
  • The current and quick ratio evaluation for TOU is rather negative, while it does have 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

4

3. Growth

3.1 Past

  • The earnings per share for TOU have decreased strongly by -21.22% in the last year.
  • Measured over the past years, TOU shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.29% on average per year.
  • Looking at the last year, TOU shows a decrease in Revenue. The Revenue has decreased by -3.01% in the last year.
  • TOU shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.93% yearly.
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

  • Based on estimates for the next years, TOU will show a small growth in Earnings Per Share. The EPS will grow by 1.19% on average per year.
  • Based on estimates for the next years, TOU will show a small growth in Revenue. The Revenue will grow by 7.75% on average per year.
EPS Next Y-10.14%
EPS Next 2Y11.11%
EPS Next 3Y11.99%
EPS Next 5Y1.19%
Revenue Next Year11.85%
Revenue Next 2Y15.13%
Revenue Next 3Y12.45%
Revenue Next 5Y7.75%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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.
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

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 18.06, TOU is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 66.50% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.99, TOU is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 14.58, TOU is valued correctly.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TOU indicates a somewhat cheap valuation: TOU is cheaper than 67.98% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, TOU is valued a bit cheaper.
Industry RankSector Rank
PE 18.06
Fwd PE 14.58
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 the industry average as 75.86% of the companies are valued more expensively.
  • TOU's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 45.01
EV/EBITDA 7.45
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.
PEG (NY)N/A
PEG (5Y)0.74
EPS Next 2Y11.11%
EPS Next 3Y11.99%

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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 3.23%.
  • Compared to an average industry Dividend Yield of 3.18, TOU pays a bit more dividend than its industry peers.
  • TOU's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 3.23%

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

  • 84.49% of the earnings are spent on dividend by TOU. This is not a sustainable payout ratio.
  • TOU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP84.49%
EPS Next 2Y11.11%
EPS Next 3Y11.99%
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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Find the best dividend stocksShow peers with best dividend

TOURMALINE OIL CORP

TSX:TOU (2/20/2026, 7:00:00 PM)

63.02

-0.07 (-0.11%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05
Earnings (Next)03-11
Inst Owners43.33%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap24.39B
Revenue(TTM)5.37B
Net Income(TTM)1.49B
Analysts78.46
Price Target72.32 (14.76%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.23%
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)-3.81%
EPS NY rev (3m)-20.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.2%
Revenue NY rev (3m)-2.58%
Valuation
Industry RankSector Rank
PE 18.06
Fwd PE 14.58
P/S 4.05
P/FCF 45.01
P/OCF 7.56
P/B 1.48
P/tB 1.48
EV/EBITDA 7.45
EPS(TTM)3.49
EY5.54%
EPS(NY)4.32
Fwd EY6.86%
FCF(TTM)1.4
FCFY2.22%
OCF(TTM)8.34
OCFY13.23%
SpS15.55
BVpS42.58
TBVpS42.58
PEG (NY)N/A
PEG (5Y)0.74
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 2.94
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-10.14%
EPS Next 2Y11.11%
EPS Next 3Y11.99%
EPS Next 5Y1.19%
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y7.8%
Revenue growth 5Y20.93%
Sales Q2Q%59.02%
Revenue Next Year11.85%
Revenue Next 2Y15.13%
Revenue Next 3Y12.45%
Revenue Next 5Y7.75%
EBIT growth 1Y-3.08%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year116.88%
EBIT Next 3Y40.85%
EBIT Next 5Y22.34%
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 4 / 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 18.06 and the Price/Book (PB) ratio is 1.48.


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 -10.14% in the next year.