TOPAZ ENERGY CORP (TPZ.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:TPZ • CA89055A2039

28.5 CAD
+0.24 (+0.85%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall TPZ gets a fundamental rating of 5 out of 10. We evaluated TPZ against 216 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of TPZ get a neutral evaluation. Nothing too spectacular is happening here. TPZ has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year TPZ was profitable.
  • TPZ had a positive operating cash flow in the past year.
  • In the past 5 years TPZ has always been profitable.
  • In the past 5 years TPZ always reported a positive cash flow from operatings.
TPZ.CA Yearly Net Income VS EBIT VS OCF VS FCFTPZ.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

1.2 Ratios

  • With a decent Return On Assets value of 3.04%, TPZ is doing good in the industry, outperforming 74.07% of the companies in the same industry.
  • The Return On Equity of TPZ (4.62%) is comparable to the rest of the industry.
  • TPZ has a better Return On Invested Capital (3.98%) than 63.43% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TPZ is below the industry average of 6.50%.
Industry RankSector Rank
ROA 3.04%
ROE 4.62%
ROIC 3.98%
ROA(3y)3.58%
ROA(5y)2.55%
ROE(3y)4.88%
ROE(5y)3.41%
ROIC(3y)4.11%
ROIC(5y)2.9%
TPZ.CA Yearly ROA, ROE, ROICTPZ.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2 4 6

1.3 Margins

  • Looking at the Profit Margin, with a value of 16.94%, TPZ is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
  • TPZ's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 30.96%, TPZ belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
  • In the last couple of years the Operating Margin of TPZ has grown nicely.
  • TPZ has a better Gross Margin (97.86%) than 99.54% of its industry peers.
  • TPZ's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 30.96%
PM (TTM) 16.94%
GM 97.86%
OM growth 3Y13.38%
OM growth 5Y48.89%
PM growth 3Y4.45%
PM growth 5Y-19.19%
GM growth 3Y-0.12%
GM growth 5Y0.21%
TPZ.CA Yearly Profit, Operating, Gross MarginsTPZ.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 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) below the Cost of Capital (WACC), TPZ is destroying value.
  • The number of shares outstanding for TPZ has been increased compared to 1 year ago.
  • TPZ has more shares outstanding than it did 5 years ago.
  • TPZ has a worse debt/assets ratio than last year.
TPZ.CA Yearly Shares OutstandingTPZ.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M
TPZ.CA Yearly Total Debt VS Total AssetsTPZ.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 4.04 indicates that TPZ is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.04, TPZ belongs to the top of the industry, outperforming 82.87% of the companies in the same industry.
  • The Debt to FCF ratio of TPZ is 1.58, which is an excellent value as it means it would take TPZ, only 1.58 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.58, TPZ belongs to the top of the industry, outperforming 89.35% of the companies in the same industry.
  • A Debt/Equity ratio of 0.41 indicates that TPZ is not too dependend on debt financing.
  • TPZ has a Debt to Equity ratio (0.41) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.58
Altman-Z 4.04
ROIC/WACC0.52
WACC7.58%
TPZ.CA Yearly LT Debt VS Equity VS FCFTPZ.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 0.67 indicates that TPZ may have some problems paying its short term obligations.
  • TPZ has a Current ratio (0.67) which is in line with its industry peers.
  • TPZ has a Quick Ratio of 0.67. This is a bad value and indicates that TPZ is not financially healthy enough and could expect problems in meeting its short term obligations.
  • TPZ has a Quick ratio (0.67) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.67
Quick Ratio 0.67
TPZ.CA Yearly Current Assets VS Current LiabilitesTPZ.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

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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

  • The earnings per share for TPZ have decreased strongly by -12.20% in the last year.
  • Measured over the past years, TPZ shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.82% on average per year.
  • Looking at the last year, TPZ shows a small growth in Revenue. The Revenue has grown by 6.06% in the last year.
  • TPZ shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 85.61% yearly.
EPS 1Y (TTM)-12.2%
EPS 3Y12.11%
EPS 5Y25.82%
EPS Q2Q%-41.67%
Revenue 1Y (TTM)6.06%
Revenue growth 3Y13.88%
Revenue growth 5Y85.61%
Sales Q2Q%3.87%

3.2 Future

  • The Earnings Per Share is expected to grow by 40.70% on average over the next years. This is a very strong growth
  • The Revenue is expected to decrease by -9.19% on average over the next years.
EPS Next Y45.96%
EPS Next 2Y42.43%
EPS Next 3Y40.7%
EPS Next 5YN/A
Revenue Next Year-24.58%
Revenue Next 2Y-11.45%
Revenue Next 3Y-9.19%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TPZ.CA Yearly Revenue VS EstimatesTPZ.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
TPZ.CA Yearly EPS VS EstimatesTPZ.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 0.4 0.6 0.8

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 79.17 indicates a quite expensive valuation of TPZ.
  • The rest of the industry has a similar Price/Earnings ratio as TPZ.
  • TPZ's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.92.
  • With a Price/Forward Earnings ratio of 45.32, TPZ can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Forward Earnings ratio as TPZ.
  • TPZ is valuated expensively when we compare the Price/Forward Earnings ratio to 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 79.17
Fwd PE 45.32
TPZ.CA Price Earnings VS Forward Price EarningsTPZ.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • TPZ's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, TPZ is valued a bit cheaper than the industry average as 71.76% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 13.74
EV/EBITDA 15.73
TPZ.CA Per share dataTPZ.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • TPZ has a very decent profitability rating, which may justify a higher PE ratio.
  • TPZ's earnings are expected to grow with 40.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.72
PEG (5Y)3.07
EPS Next 2Y42.43%
EPS Next 3Y40.7%

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

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.64%, TPZ is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.01, TPZ pays a bit more dividend than its industry peers.
  • TPZ's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 4.64%

5.2 History

  • TPZ has been paying a dividend for over 5 years, so it has already some track record.
  • TPZ has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
TPZ.CA Yearly Dividends per shareTPZ.CA Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 151.37% of the earnings are spent on dividend by TPZ. This is not a sustainable payout ratio.
DP151.37%
EPS Next 2Y42.43%
EPS Next 3Y40.7%
TPZ.CA Yearly Income VS Free CF VS DividendTPZ.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M
TPZ.CA Dividend Payout.TPZ.CA Dividend Payout, showing the Payout Ratio.TPZ.CA Dividend Payout.PayoutRetained Earnings

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TOPAZ ENERGY CORP

TSX:TPZ (2/6/2026, 7:00:00 PM)

28.5

+0.24 (+0.85%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-03
Earnings (Next)02-23
Inst Owners35.52%
Inst Owner ChangeN/A
Ins Owners4.24%
Ins Owner ChangeN/A
Market Cap4.38B
Revenue(TTM)331.96M
Net Income(TTM)56.23M
Analysts82.35
Price Target32.7 (14.74%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.64%
Yearly Dividend1.28
Dividend Growth(5Y)N/A
DP151.37%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)89.13%
Min EPS beat(2)-4.63%
Max EPS beat(2)182.89%
EPS beat(4)1
Avg EPS beat(4)24.64%
Min EPS beat(4)-67.71%
Max EPS beat(4)182.89%
EPS beat(8)4
Avg EPS beat(8)42.4%
EPS beat(12)4
Avg EPS beat(12)18.05%
EPS beat(16)5
Avg EPS beat(16)12.07%
Revenue beat(2)0
Avg Revenue beat(2)-7.05%
Min Revenue beat(2)-10.96%
Max Revenue beat(2)-3.15%
Revenue beat(4)1
Avg Revenue beat(4)-4.53%
Min Revenue beat(4)-10.96%
Max Revenue beat(4)1.38%
Revenue beat(8)3
Avg Revenue beat(8)-2.93%
Revenue beat(12)5
Avg Revenue beat(12)-0.59%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.52%
PT rev (3m)1.62%
EPS NQ rev (1m)7.91%
EPS NQ rev (3m)12.55%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-32.06%
Valuation
Industry RankSector Rank
PE 79.17
Fwd PE 45.32
P/S 13.21
P/FCF 13.74
P/OCF 14.4
P/B 3.6
P/tB 3.6
EV/EBITDA 15.73
EPS(TTM)0.36
EY1.26%
EPS(NY)0.63
Fwd EY2.21%
FCF(TTM)2.07
FCFY7.28%
OCF(TTM)1.98
OCFY6.95%
SpS2.16
BVpS7.92
TBVpS7.92
PEG (NY)1.72
PEG (5Y)3.07
Graham Number8.01
Profitability
Industry RankSector Rank
ROA 3.04%
ROE 4.62%
ROCE 5.82%
ROIC 3.98%
ROICexc 3.98%
ROICexgc 3.98%
OM 30.96%
PM (TTM) 16.94%
GM 97.86%
FCFM 96.11%
ROA(3y)3.58%
ROA(5y)2.55%
ROE(3y)4.88%
ROE(5y)3.41%
ROIC(3y)4.11%
ROIC(5y)2.9%
ROICexc(3y)4.11%
ROICexc(5y)2.92%
ROICexgc(3y)4.11%
ROICexgc(5y)2.92%
ROCE(3y)6.01%
ROCE(5y)4.24%
ROICexgc growth 3Y22.47%
ROICexgc growth 5Y125.99%
ROICexc growth 3Y22.47%
ROICexc growth 5Y125.99%
OM growth 3Y13.38%
OM growth 5Y48.89%
PM growth 3Y4.45%
PM growth 5Y-19.19%
GM growth 3Y-0.12%
GM growth 5Y0.21%
F-Score4
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.58
Debt/EBITDA 1.64
Cap/Depr 7.05%
Cap/Sales 4.37%
Interest Coverage 250
Cash Conversion 98.75%
Profit Quality 567.4%
Current Ratio 0.67
Quick Ratio 0.67
Altman-Z 4.04
F-Score4
WACC7.58%
ROIC/WACC0.52
Cap/Depr(3y)3.1%
Cap/Depr(5y)2.51%
Cap/Sales(3y)1.97%
Cap/Sales(5y)1.7%
Profit Quality(3y)503.21%
Profit Quality(5y)952.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.2%
EPS 3Y12.11%
EPS 5Y25.82%
EPS Q2Q%-41.67%
EPS Next Y45.96%
EPS Next 2Y42.43%
EPS Next 3Y40.7%
EPS Next 5YN/A
Revenue 1Y (TTM)6.06%
Revenue growth 3Y13.88%
Revenue growth 5Y85.61%
Sales Q2Q%3.87%
Revenue Next Year-24.58%
Revenue Next 2Y-11.45%
Revenue Next 3Y-9.19%
Revenue Next 5YN/A
EBIT growth 1Y9.8%
EBIT growth 3Y29.11%
EBIT growth 5Y176.36%
EBIT Next Year2.75%
EBIT Next 3Y8.76%
EBIT Next 5YN/A
FCF growth 1Y10.68%
FCF growth 3Y18.35%
FCF growth 5YN/A
OCF growth 1Y3.81%
OCF growth 3Y18.74%
OCF growth 5Y79.71%

TOPAZ ENERGY CORP / TPZ.CA FAQ

What is the fundamental rating for TPZ stock?

ChartMill assigns a fundamental rating of 5 / 10 to TPZ.CA.


What is the valuation status of TOPAZ ENERGY CORP (TPZ.CA) stock?

ChartMill assigns a valuation rating of 4 / 10 to TOPAZ ENERGY CORP (TPZ.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for TOPAZ ENERGY CORP?

TOPAZ ENERGY CORP (TPZ.CA) has a profitability rating of 6 / 10.


What is the financial health of TOPAZ ENERGY CORP (TPZ.CA) stock?

The financial health rating of TOPAZ ENERGY CORP (TPZ.CA) is 5 / 10.


What is the earnings growth outlook for TOPAZ ENERGY CORP?

The Earnings per Share (EPS) of TOPAZ ENERGY CORP (TPZ.CA) is expected to grow by 45.96% in the next year.