WHITECAP RESOURCES INC (WCP.CA) Fundamental Analysis & Valuation

TSX:WCP • CA96467A2002

Current stock price

14.95 CAD
+0.31 (+2.12%)
Last:

This WCP.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. WCP.CA Profitability Analysis

1.1 Basic Checks

  • In the past year WCP was profitable.
  • In the past year WCP had a positive cash flow from operations.
  • In the past 5 years WCP has always been profitable.
  • Each year in the past 5 years WCP had a positive operating cash flow.
WCP.CA Yearly Net Income VS EBIT VS OCF VS FCFWCP.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 2025 0 1B -1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.10%, WCP belongs to the top of the industry, outperforming 83.17% of the companies in the same industry.
  • The Return On Equity of WCP (8.95%) is better than 64.42% of its industry peers.
  • With a decent Return On Invested Capital value of 5.01%, WCP is doing good in the industry, outperforming 71.15% of the companies in the same industry.
  • WCP had an Average Return On Invested Capital over the past 3 years of 7.07%. This is in line with the industry average of 6.78%.
Industry RankSector Rank
ROA 5.1%
ROE 8.95%
ROIC 5.01%
ROA(3y)7.51%
ROA(5y)13.19%
ROE(3y)13.1%
ROE(5y)24%
ROIC(3y)7.07%
ROIC(5y)9.29%
WCP.CA Yearly ROA, ROE, ROICWCP.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150

1.3 Margins

  • WCP's Profit Margin of 19.05% is amongst the best of the industry. WCP outperforms 81.73% of its industry peers.
  • In the last couple of years the Profit Margin of WCP has declined.
  • Looking at the Operating Margin, with a value of 22.76%, WCP is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
  • In the last couple of years the Operating Margin of WCP has grown nicely.
  • The Gross Margin of WCP (72.18%) is better than 90.87% of its industry peers.
  • WCP's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.76%
PM (TTM) 19.05%
GM 72.18%
OM growth 3Y-20.74%
OM growth 5Y70%
PM growth 3Y-23.64%
PM growth 5YN/A
GM growth 3Y-3.55%
GM growth 5Y2.81%
WCP.CA Yearly Profit, Operating, Gross MarginsWCP.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200

3

2. WCP.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), WCP is destroying value.
  • WCP has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, WCP has more shares outstanding
  • The debt/assets ratio for WCP is higher compared to a year ago.
WCP.CA Yearly Shares OutstandingWCP.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
WCP.CA Yearly Total Debt VS Total AssetsWCP.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 1.84 indicates that WCP is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • WCP has a Altman-Z score of 1.84. This is in the better half of the industry: WCP outperforms 67.31% of its industry peers.
  • The Debt to FCF ratio of WCP is 6.18, which is on the high side as it means it would take WCP, 6.18 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 6.18, WCP is doing good in the industry, outperforming 76.44% of the companies in the same industry.
  • A Debt/Equity ratio of 0.32 indicates that WCP is not too dependend on debt financing.
  • WCP has a Debt to Equity ratio of 0.32. This is in the better half of the industry: WCP outperforms 60.10% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.18
Altman-Z 1.84
ROIC/WACC0.67
WACC7.48%
WCP.CA Yearly LT Debt VS Equity VS FCFWCP.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • WCP has a Current Ratio of 0.70. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • WCP has a Current ratio of 0.70. This is comparable to the rest of the industry: WCP outperforms 52.40% of its industry peers.
  • A Quick Ratio of 0.70 indicates that WCP may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.70, WCP perfoms like the industry average, outperforming 54.81% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.7
WCP.CA Yearly Current Assets VS Current LiabilitesWCP.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. WCP.CA Growth Analysis

3.1 Past

  • WCP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.55%.
  • The earnings per share for WCP have been decreasing by -19.29% on average. This is quite bad
  • Looking at the last year, WCP shows a very strong growth in Revenue. The Revenue has grown by 54.88%.
  • Measured over the past years, WCP shows a very strong growth in Revenue. The Revenue has been growing by 44.84% on average per year.
EPS 1Y (TTM)-25.55%
EPS 3Y-19.29%
EPS 5YN/A
EPS Q2Q%-37.5%
Revenue 1Y (TTM)54.88%
Revenue growth 3Y9.68%
Revenue growth 5Y44.84%
Sales Q2Q%76.64%

3.2 Future

  • Based on estimates for the next years, WCP will show a small growth in Earnings Per Share. The EPS will grow by 2.13% on average per year.
  • Based on estimates for the next years, WCP will show a quite strong growth in Revenue. The Revenue will grow by 10.30% on average per year.
EPS Next Y-23.3%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
EPS Next 5Y2.13%
Revenue Next Year15.81%
Revenue Next 2Y10.56%
Revenue Next 3Y9.53%
Revenue Next 5Y10.3%

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.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
WCP.CA Yearly Revenue VS EstimatesWCP.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
WCP.CA Yearly EPS VS EstimatesWCP.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 -2 -4

5

4. WCP.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 14.66, the valuation of WCP can be described as correct.
  • Compared to the rest of the industry, the Price/Earnings ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 69.71% of the companies listed in the same industry.
  • WCP is valuated rather cheaply when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 19.11 indicates a rather expensive valuation of WCP.
  • 70.67% of the companies in the same industry are more expensive than WCP, based on the Price/Forward Earnings ratio.
  • WCP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.19.
Industry RankSector Rank
PE 14.66
Fwd PE 19.11
WCP.CA Price Earnings VS Forward Price EarningsWCP.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, WCP is valued cheaply inside the industry as 82.21% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, WCP is valued a bit cheaper than the industry average as 63.46% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 29.78
EV/EBITDA 7.57
WCP.CA Per share dataWCP.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The decent profitability rating of WCP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.02%
EPS Next 3Y0.69%

7

5. WCP.CA Dividend Analysis

5.1 Amount

  • WCP has a Yearly Dividend Yield of 5.75%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.47, WCP pays a better dividend. On top of this WCP pays more dividend than 92.79% of the companies listed in the same industry.
  • WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.90.
Industry RankSector Rank
Dividend Yield 5.75%

5.2 History

  • On average, the dividend of WCP grows each year by 30.81%, which is quite nice.
  • WCP has been paying a dividend for at least 10 years, so it has a reliable track record.
  • WCP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)30.81%
Div Incr Years3
Div Non Decr Years3
WCP.CA Yearly Dividends per shareWCP.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • WCP pays out 74.70% of its income as dividend. This is not a sustainable payout ratio.
  • WCP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP74.7%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
WCP.CA Yearly Income VS Free CF VS DividendWCP.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B
WCP.CA Dividend Payout.WCP.CA Dividend Payout, showing the Payout Ratio.WCP.CA Dividend Payout.PayoutRetained Earnings

WCP.CA Fundamentals: All Metrics, Ratios and Statistics

WHITECAP RESOURCES INC

TSX:WCP (3/26/2026, 7:00:00 PM)

14.95

+0.31 (+2.12%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-23
Earnings (Next)04-29
Inst Owners25.51%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap18.15B
Revenue(TTM)5.17B
Net Income(TTM)984.60M
Analysts82
Price Target14.21 (-4.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.75%
Yearly Dividend0.82
Dividend Growth(5Y)30.81%
DP74.7%
Div Incr Years3
Div Non Decr Years3
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.22%
Min EPS beat(2)-20.61%
Max EPS beat(2)29.05%
EPS beat(4)2
Avg EPS beat(4)22.09%
Min EPS beat(4)-20.61%
Max EPS beat(4)94.48%
EPS beat(8)5
Avg EPS beat(8)17.14%
EPS beat(12)8
Avg EPS beat(12)18.41%
EPS beat(16)11
Avg EPS beat(16)14.27%
Revenue beat(2)0
Avg Revenue beat(2)-0.66%
Min Revenue beat(2)-1.16%
Max Revenue beat(2)-0.15%
Revenue beat(4)2
Avg Revenue beat(4)4.08%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)15.36%
Revenue beat(8)6
Avg Revenue beat(8)7.19%
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)0.48%
PT rev (3m)2.45%
EPS NQ rev (1m)-10.41%
EPS NQ rev (3m)-20.57%
EPS NY rev (1m)-1.45%
EPS NY rev (3m)-8.98%
Revenue NQ rev (1m)-4.93%
Revenue NQ rev (3m)-4.93%
Revenue NY rev (1m)9.6%
Revenue NY rev (3m)7.53%
Valuation
Industry RankSector Rank
PE 14.66
Fwd PE 19.11
P/S 3.51
P/FCF 29.78
P/OCF 6.76
P/B 1.65
P/tB 1.65
EV/EBITDA 7.57
EPS(TTM)1.02
EY6.82%
EPS(NY)0.78
Fwd EY5.23%
FCF(TTM)0.5
FCFY3.36%
OCF(TTM)2.21
OCFY14.8%
SpS4.26
BVpS9.06
TBVpS9.06
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.42
Profitability
Industry RankSector Rank
ROA 5.1%
ROE 8.95%
ROCE 6.68%
ROIC 5.01%
ROICexc 5.02%
ROICexgc 5.02%
OM 22.76%
PM (TTM) 19.05%
GM 72.18%
FCFM 11.79%
ROA(3y)7.51%
ROA(5y)13.19%
ROE(3y)13.1%
ROE(5y)24%
ROIC(3y)7.07%
ROIC(5y)9.29%
ROICexc(3y)7.18%
ROICexc(5y)9.35%
ROICexgc(3y)7.18%
ROICexgc(5y)9.35%
ROCE(3y)9.44%
ROCE(5y)12.4%
ROICexgc growth 3Y-31%
ROICexgc growth 5Y75.37%
ROICexc growth 3Y-31%
ROICexc growth 5Y75.37%
OM growth 3Y-20.74%
OM growth 5Y70%
PM growth 3Y-23.64%
PM growth 5YN/A
GM growth 3Y-3.55%
GM growth 5Y2.81%
F-Score4
Asset Turnover0.27
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 6.18
Debt/EBITDA 1.22
Cap/Depr 121.48%
Cap/Sales 40.17%
Interest Coverage 8.69
Cash Conversion 93.07%
Profit Quality 61.89%
Current Ratio 0.7
Quick Ratio 0.7
Altman-Z 1.84
F-Score4
WACC7.48%
ROIC/WACC0.67
Cap/Depr(3y)122.69%
Cap/Depr(5y)111.32%
Cap/Sales(3y)36.35%
Cap/Sales(5y)30.26%
Profit Quality(3y)72.37%
Profit Quality(5y)67.54%
High Growth Momentum
Growth
EPS 1Y (TTM)-25.55%
EPS 3Y-19.29%
EPS 5YN/A
EPS Q2Q%-37.5%
EPS Next Y-23.3%
EPS Next 2Y-11.02%
EPS Next 3Y0.69%
EPS Next 5Y2.13%
Revenue 1Y (TTM)54.88%
Revenue growth 3Y9.68%
Revenue growth 5Y44.84%
Sales Q2Q%76.64%
Revenue Next Year15.81%
Revenue Next 2Y10.56%
Revenue Next 3Y9.53%
Revenue Next 5Y10.3%
EBIT growth 1Y25.53%
EBIT growth 3Y-13.07%
EBIT growth 5Y146.23%
EBIT Next Year52.35%
EBIT Next 3Y20.43%
EBIT Next 5Y12.08%
FCF growth 1Y-12.51%
FCF growth 3Y-25.75%
FCF growth 5Y19.61%
OCF growth 1Y46.51%
OCF growth 3Y7.15%
OCF growth 5Y42.93%

WHITECAP RESOURCES INC / WCP.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for WHITECAP RESOURCES INC?

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


Can you provide the valuation status for WHITECAP RESOURCES INC?

ChartMill assigns a valuation rating of 5 / 10 to WHITECAP RESOURCES INC (WCP.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for WHITECAP RESOURCES INC?

WHITECAP RESOURCES INC (WCP.CA) has a profitability rating of 7 / 10.


What is the earnings growth outlook for WHITECAP RESOURCES INC?

The Earnings per Share (EPS) of WHITECAP RESOURCES INC (WCP.CA) is expected to decline by -23.3% in the next year.


How sustainable is the dividend of WHITECAP RESOURCES INC (WCP.CA) stock?

The dividend rating of WHITECAP RESOURCES INC (WCP.CA) is 7 / 10 and the dividend payout ratio is 74.7%.