TAMARACK VALLEY ENERGY LTD (TVE.CA) Stock Fundamental Analysis
TSX:TVE - Toronto Stock Exchange - CA87505Y4094 - Common Stock - Currency: CAD
TVE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 219 industry peers in the Oil, Gas & Consumable Fuels industry. While TVE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TVE is valued quite cheap, but it does not seem to be growing. These ratings would make TVE suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TVE was profitable.
TVE had a positive operating cash flow in the past year.
Of the past 5 years TVE 4 years were profitable.
TVE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TVE's Return On Assets of 4.07% is fine compared to the rest of the industry. TVE outperforms 73.97% of its industry peers.
TVE's Return On Equity of 7.65% is fine compared to the rest of the industry. TVE outperforms 61.19% of its industry peers.
With an excellent Return On Invested Capital value of 8.68%, TVE belongs to the best of the industry, outperforming 88.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TVE is in line with the industry average of 7.60%.
The last Return On Invested Capital (8.68%) for TVE is above the 3 year average (8.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 7.65% | ||
| ROIC | 8.68% |
ROA(3y)4.59%
ROA(5y)0.05%
ROE(3y)9.31%
ROE(5y)-0.44%
ROIC(3y)8.2%
ROIC(5y)N/A
1.3 Margins
TVE has a Profit Margin of 11.55%. This is in the better half of the industry: TVE outperforms 73.52% of its industry peers.
In the last couple of years the Profit Margin of TVE has declined.
TVE has a better Operating Margin (31.86%) than 83.11% of its industry peers.
In the last couple of years the Operating Margin of TVE has grown nicely.
With an excellent Gross Margin value of 84.00%, TVE belongs to the best of the industry, outperforming 95.43% of the companies in the same industry.
In the last couple of years the Gross Margin of TVE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.86% | ||
| PM (TTM) | 11.55% | ||
| GM | 84% |
OM growth 3Y-3.32%
OM growth 5Y12.68%
PM growth 3Y-43.83%
PM growth 5YN/A
GM growth 3Y1.51%
GM growth 5Y2.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TVE is still creating some value.
TVE has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TVE has been increased compared to 5 years ago.
Compared to 1 year ago, TVE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.50, we must say that TVE is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.50, TVE is doing good in the industry, outperforming 67.12% of the companies in the same industry.
TVE has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
TVE's Debt to FCF ratio of 0.93 is amongst the best of the industry. TVE outperforms 91.78% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that TVE is not too dependend on debt financing.
TVE's Debt to Equity ratio of 0.36 is in line compared to the rest of the industry. TVE outperforms 51.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | 1.5 |
ROIC/WACC1.13
WACC7.69%
2.3 Liquidity
A Current Ratio of 0.78 indicates that TVE may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.78, TVE is in line with its industry, outperforming 54.34% of the companies in the same industry.
A Quick Ratio of 0.78 indicates that TVE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.78, TVE is in line with its industry, outperforming 57.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.11% over the past year.
TVE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -35.05% yearly.
Looking at the last year, TVE shows a decrease in Revenue. The Revenue has decreased by -0.17% in the last year.
TVE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.50% yearly.
EPS 1Y (TTM)76.11%
EPS 3Y-35.05%
EPS 5YN/A
EPS Q2Q%-88.37%
Revenue 1Y (TTM)-0.17%
Revenue growth 3Y32.85%
Revenue growth 5Y32.5%
Sales Q2Q%-1.88%
3.2 Future
The Earnings Per Share is expected to decrease by -44.83% on average over the next years. This is quite bad
TVE is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -14.71% yearly.
EPS Next Y67.39%
EPS Next 2Y-44.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.75%
Revenue Next 2Y-14.71%
Revenue Next 3YN/A
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.57 indicates a correct valuation of TVE.
Compared to the rest of the industry, the Price/Earnings ratio of TVE indicates a somewhat cheap valuation: TVE is cheaper than 63.93% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. TVE is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 2.62, which indicates a rather cheap valuation of TVE.
Based on the Price/Forward Earnings ratio, TVE is valued cheaper than 95.89% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, TVE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 2.62 |
4.2 Price Multiples
90.87% of the companies in the same industry are more expensive than TVE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TVE indicates a rather cheap valuation: TVE is cheaper than 97.26% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.54 | ||
| EV/EBITDA | 2.78 |
4.3 Compensation for Growth
TVE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TVE has an outstanding profitability rating, which may justify a higher PE ratio.
TVE's earnings are expected to decrease with -44.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y-44.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
TVE has a Yearly Dividend Yield of 3.86%.
TVE's Dividend Yield is a higher than the industry average which is at 6.94.
TVE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
5.2 History
TVE has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
TVE pays out 50.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP50.22%
EPS Next 2Y-44.83%
EPS Next 3YN/A
TSX:TVE (3/7/2025, 7:00:00 PM)
4.07
+0.11 (+2.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.33%
Inst Owner ChangeN/A
Ins Owners1.59%
Ins Owner ChangeN/A
Market Cap2.11B
Analysts77.33
Price Target6.03 (48.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP50.22%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)0.78%
PT rev (3m)8.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.7%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 2.62 | ||
| P/S | 1.5 | ||
| P/FCF | 2.54 | ||
| P/OCF | 2.54 | ||
| P/B | 1 | ||
| P/tB | 1 | ||
| EV/EBITDA | 2.78 |
EPS(TTM)0.3
EY7.37%
EPS(NY)1.56
Fwd EY38.22%
FCF(TTM)1.6
FCFY39.35%
OCF(TTM)1.6
OCFY39.43%
SpS2.7
BVpS4.09
TBVpS4.09
PEG (NY)0.2
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 7.65% | ||
| ROCE | 12.05% | ||
| ROIC | 8.68% | ||
| ROICexc | 8.7% | ||
| ROICexgc | 8.7% | ||
| OM | 31.86% | ||
| PM (TTM) | 11.55% | ||
| GM | 84% | ||
| FCFM | 59.22% |
ROA(3y)4.59%
ROA(5y)0.05%
ROE(3y)9.31%
ROE(5y)-0.44%
ROIC(3y)8.2%
ROIC(5y)N/A
ROICexc(3y)8.21%
ROICexc(5y)N/A
ROICexgc(3y)8.21%
ROICexgc(5y)N/A
ROCE(3y)11.38%
ROCE(5y)N/A
ROICexcg growth 3Y8.49%
ROICexcg growth 5Y19.15%
ROICexc growth 3Y8.49%
ROICexc growth 5Y19.15%
OM growth 3Y-3.32%
OM growth 5Y12.68%
PM growth 3Y-43.83%
PM growth 5YN/A
GM growth 3Y1.51%
GM growth 5Y2.61%
F-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | 0.74 | ||
| Cap/Depr | 0.3% | ||
| Cap/Sales | 0.12% | ||
| Interest Coverage | 5.51 | ||
| Cash Conversion | 80.47% | ||
| Profit Quality | 512.56% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.5 |
F-Score8
WACC7.69%
ROIC/WACC1.13
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)427.43%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)76.11%
EPS 3Y-35.05%
EPS 5YN/A
EPS Q2Q%-88.37%
EPS Next Y67.39%
EPS Next 2Y-44.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.17%
Revenue growth 3Y32.85%
Revenue growth 5Y32.5%
Sales Q2Q%-1.88%
Revenue Next Year-2.75%
Revenue Next 2Y-14.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y25.98%
EBIT growth 3Y28.44%
EBIT growth 5Y49.31%
EBIT Next Year0.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y31.64%
FCF growth 3Y98.23%
FCF growth 5Y99.82%
OCF growth 1Y31.92%
OCF growth 3Y40.9%
OCF growth 5Y32.35%