TOURMALINE OIL CORP (TOU.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TOU - CA89156V1067 - Common Stock
61.57 CAD
+0.04 (+0.07%)
We assign a fundamental rating of 6 out of 10 to TOU. TOU was compared to 201 industry peers in the Oil, Gas & Consumable Fuels industry. While TOU has a great profitability rating, there are some minor concerns on its financial health. TOU has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TOU was profitable.
TOU had a positive operating cash flow in the past year.
TOU had positive earnings in each of the past 5 years.
In the past 5 years TOU always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TOU (6.38%) is better than 89.55% of its industry peers.
With a decent Return On Equity value of 9.04%, TOU is doing good in the industry, outperforming 76.12% of the companies in the same industry.
TOU has a Return On Invested Capital of 6.40%. This is amongst the best in the industry. TOU outperforms 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 6.51%.
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 Rank | Sector 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%
1.3 Margins
TOU's Profit Margin of 24.76% is amongst the best of the industry. TOU outperforms 88.06% of its industry peers.
In the last couple of years the Profit Margin of TOU has grown nicely.
The Operating Margin of TOU (30.24%) is better than 84.58% of its industry peers.
TOU's Operating Margin has improved in the last couple of years.
TOU has a Gross Margin of 98.52%. This is amongst the best in the industry. TOU outperforms 100.00% of its industry peers.
TOU's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TOU is still creating some value.
TOU has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TOU has been increased compared to 5 years ago.
The debt/assets ratio for TOU is higher compared to a year ago.
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 78.61% 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 87.06% of its industry peers.
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 70.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 2.9 |
ROIC/WACC0.84
WACC7.63%
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.
With a Current ratio value of 0.72, TOU perfoms like the industry average, outperforming 42.79% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.72, TOU is in line with its industry, outperforming 54.73% of the companies in the same industry.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for TOU have decreased strongly by -21.22% in the last year.
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 -3.01%.
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)-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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.85% yearly.
The Revenue is expected to grow by 12.93% on average over the next years. This is quite good.
EPS Next Y-5.7%
EPS Next 2Y18.33%
EPS Next 3Y18.03%
EPS Next 5Y11.85%
Revenue Next Year8.65%
Revenue Next 2Y16.04%
Revenue Next 3Y12.93%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.64, 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 64.68% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, TOU is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.56, which indicates a correct valuation of TOU.
Based on the Price/Forward Earnings ratio, TOU is valued a bit cheaper than 67.16% of the companies in the same industry.
TOU is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 12.56 |
4.2 Price Multiples
TOU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TOU is cheaper than 75.12% 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 | 43.97 | ||
| EV/EBITDA | 7.32 |
4.3 Compensation for Growth
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 18.03% in the coming years.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y18.33%
EPS Next 3Y18.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.29%, TOU has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.95, TOU pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, TOU pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
5.2 History
On average, the dividend of TOU grows each year by 48.01%, which is quite nice.
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
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 2Y18.33%
EPS Next 3Y18.03%
TSX:TOU (12/31/2025, 7:00:00 PM)
61.57
+0.04 (+0.07%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.76%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap23.83B
Revenue(TTM)5.37B
Net Income(TTM)1.49B
Analysts79.23
Price Target74.02 (20.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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)-0.77%
PT rev (3m)-3.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.21%
EPS NY rev (1m)4.21%
EPS NY rev (3m)-18.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.76%
Revenue NY rev (1m)-3.49%
Revenue NY rev (3m)-7.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 12.56 | ||
| P/S | 3.96 | ||
| P/FCF | 43.97 | ||
| P/OCF | 7.39 | ||
| P/B | 1.45 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 7.32 |
EPS(TTM)3.49
EY5.67%
EPS(NY)4.9
Fwd EY7.96%
FCF(TTM)1.4
FCFY2.27%
OCF(TTM)8.34
OCFY13.54%
SpS15.55
BVpS42.59
TBVpS42.59
PEG (NY)N/A
PEG (5Y)0.73
Graham Number57.83
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC7.63%
ROIC/WACC0.84
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-5.7%
EPS Next 2Y18.33%
EPS Next 3Y18.03%
EPS Next 5Y11.85%
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 5YN/A
EBIT growth 1Y-3.08%
EBIT growth 3Y-6.65%
EBIT growth 5Y31.39%
EBIT Next Year121.79%
EBIT Next 3Y44.15%
EBIT Next 5Y26.75%
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 17.64 and the Price/Book (PB) ratio is 1.45.
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 -5.7% in the next year.