TOPAZ ENERGY CORP (TPZ.CA) Stock Fundamental Analysis

TSX:TPZ • CA89055A2039

29.96 CAD
+0.35 (+1.18%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

TPZ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. TPZ has an average financial health and profitability rating. While showing a medium growth rate, TPZ is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • TPZ had positive earnings in the past year.
  • In the past year TPZ had a positive cash flow from operations.
  • TPZ had positive earnings in each of the past 5 years.
  • Each year in the past 5 years TPZ had a positive operating cash flow.
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

  • TPZ has a Return On Assets of 3.04%. This is in the better half of the industry: TPZ outperforms 69.34% of its industry peers.
  • TPZ has a Return On Equity (4.62%) which is in line with its industry peers.
  • The Return On Invested Capital of TPZ (3.98%) is better than 61.32% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for TPZ is below the industry average of 6.59%.
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

  • With a decent Profit Margin value of 16.94%, TPZ is doing good in the industry, outperforming 79.72% of the companies in the same industry.
  • In the last couple of years the Profit Margin of TPZ has declined.
  • The Operating Margin of TPZ (30.96%) is better than 86.32% of its industry peers.
  • TPZ's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 97.86%, TPZ belongs to the top of the industry, outperforming 99.53% of the companies in the same industry.
  • 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TPZ is destroying value.
  • The number of shares outstanding for TPZ has been increased compared to 1 year ago.
  • Compared to 5 years ago, TPZ has more shares outstanding
  • Compared to 1 year ago, TPZ has a worse debt to assets ratio.
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

  • TPZ has an Altman-Z score of 4.30. This indicates that TPZ is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.30, TPZ belongs to the top of the industry, outperforming 82.55% 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.
  • With an excellent Debt to FCF ratio value of 1.58, TPZ belongs to the best of the industry, outperforming 90.09% of the companies in the same industry.
  • TPZ has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.41, TPZ is in line with its industry, outperforming 52.83% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.58
Altman-Z 4.3
ROIC/WACC0.52
WACC7.62%
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

  • TPZ has a Current 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.
  • Looking at the Current ratio, with a value of 0.67, TPZ is in line with its industry, outperforming 47.17% of the companies in the same industry.
  • 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 of 0.67. This is comparable to the rest of the industry: TPZ outperforms 48.58% of 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

More info and screens

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.
  • TPZ shows a small growth in Revenue. In the last year, the Revenue has grown by 6.06%.
  • Measured over the past years, TPZ shows a very strong growth in Revenue. The Revenue has been growing by 85.61% on average per year.
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

  • 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.
  • 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.
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

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 83.22, which means the current valuation is very expensive for 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 26.64.
  • With a Price/Forward Earnings ratio of 47.64, TPZ can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Forward Earnings ratio as TPZ.
  • The average S&P500 Price/Forward Earnings ratio is at 27.75. TPZ is valued rather expensively when compared to this.
Industry RankSector Rank
PE 83.22
Fwd PE 47.64
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 80

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as TPZ.
  • TPZ's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TPZ is cheaper than 76.42% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.46
EV/EBITDA 16.59
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • TPZ has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as TPZ's earnings are expected to grow with 40.70% in the coming years.
PEG (NY)1.81
PEG (5Y)3.22
EPS Next 2Y42.43%
EPS Next 3Y40.7%

More info and screens

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

5

5. Dividend

5.1 Amount

  • TPZ has a Yearly Dividend Yield of 4.73%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.99, TPZ pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, TPZ pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.73%

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

More info and screens

Find the best dividend stocksShow peers with best dividend

TOPAZ ENERGY CORP

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

29.96

+0.35 (+1.18%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-03
Earnings (Next)03-03
Inst Owners35.52%
Inst Owner ChangeN/A
Ins Owners4.24%
Ins Owner ChangeN/A
Market Cap4.61B
Revenue(TTM)331.96M
Net Income(TTM)56.23M
Analysts82.35
Price Target32.55 (8.64%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.73%
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)-0.48%
PT rev (3m)0.04%
EPS NQ rev (1m)-5.1%
EPS NQ rev (3m)2.4%
EPS NY rev (1m)0%
EPS NY rev (3m)6.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-33.02%
Valuation
Industry RankSector Rank
PE 83.22
Fwd PE 47.64
P/S 13.9
P/FCF 14.46
P/OCF 15.15
P/B 3.79
P/tB 3.79
EV/EBITDA 16.59
EPS(TTM)0.36
EY1.2%
EPS(NY)0.63
Fwd EY2.1%
FCF(TTM)2.07
FCFY6.92%
OCF(TTM)1.98
OCFY6.6%
SpS2.16
BVpS7.91
TBVpS7.91
PEG (NY)1.81
PEG (5Y)3.22
Graham Number8
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 4.3
F-Score4
WACC7.62%
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 3 / 10 to TOPAZ ENERGY CORP (TPZ.CA). This can be considered as Overvalued.


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.