WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
Overall WCP gets a fundamental rating of 7 out of 10. We evaluated WCP against 219 industry peers in the Oil, Gas & Consumable Fuels industry. WCP scores excellent on profitability, but there are some minor concerns on its financial health. WCP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. WCP also has an excellent dividend rating. These ratings would make WCP suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year WCP was profitable.
In the past year WCP had a positive cash flow from operations.
WCP had positive earnings in 4 of the past 5 years.
In the past 5 years WCP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of WCP (8.16%) is better than 90.50% of its industry peers.
WCP has a Return On Equity of 14.13%. This is amongst the best in the industry. WCP outperforms 86.43% of its industry peers.
With an excellent Return On Invested Capital value of 7.79%, WCP belongs to the best of the industry, outperforming 81.45% of the companies in the same industry.
WCP had an Average Return On Invested Capital over the past 3 years of 10.61%. This is above the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.16% | ||
| ROE | 14.13% | ||
| ROIC | 7.79% |
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
1.3 Margins
WCP has a better Profit Margin (24.34%) than 87.78% of its industry peers.
WCP's Profit Margin has declined in the last couple of years.
WCP's Operating Margin of 28.08% is amongst the best of the industry. WCP outperforms 81.00% of its industry peers.
WCP's Operating Margin has improved in the last couple of years.
WCP's Gross Margin of 73.81% is amongst the best of the industry. WCP outperforms 88.69% of its industry peers.
WCP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.08% | ||
| PM (TTM) | 24.34% | ||
| GM | 73.81% |
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
WCP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WCP has been reduced compared to 1 year ago.
WCP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for WCP has been reduced compared to a year ago.
2.2 Solvency
WCP has an Altman-Z score of 1.58. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.58, WCP is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
The Debt to FCF ratio of WCP is 1.64, which is an excellent value as it means it would take WCP, only 1.64 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.64, WCP belongs to the best of the industry, outperforming 88.69% of the companies in the same industry.
WCP has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
WCP's Debt to Equity ratio of 0.20 is fine compared to the rest of the industry. WCP outperforms 62.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | 1.58 |
ROIC/WACC1.07
WACC7.25%
2.3 Liquidity
A Current Ratio of 1.06 indicates that WCP should not have too much problems paying its short term obligations.
WCP has a Current ratio of 1.06. This is in the better half of the industry: WCP outperforms 63.35% of its industry peers.
A Quick Ratio of 1.06 indicates that WCP should not have too much problems paying its short term obligations.
WCP has a Quick ratio of 1.06. This is in the better half of the industry: WCP outperforms 68.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
WCP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.93%.
Measured over the past years, WCP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.75% on average per year.
Looking at the last year, WCP shows a small growth in Revenue. The Revenue has grown by 3.34% in the last year.
The Revenue has been growing by 25.03% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-6.93%
EPS 3Y-22.75%
EPS 5YN/A
EPS Q2Q%-19.54%
Revenue 1Y (TTM)3.34%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%3.12%
3.2 Future
WCP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -18.33% yearly.
WCP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.82% yearly.
EPS Next Y10.31%
EPS Next 2Y-18.33%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-20.6%
Revenue Next 2Y-15.11%
Revenue Next 3Y5.97%
Revenue Next 5Y5.82%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.87, the valuation of WCP can be described as very cheap.
Based on the Price/Earnings ratio, WCP is valued cheaper than 86.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. WCP is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.19 indicates a rather cheap valuation of WCP.
WCP's Price/Forward Earnings ratio is rather cheap when compared to the industry. WCP is cheaper than 80.54% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, WCP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WCP indicates a rather cheap valuation: WCP is cheaper than 87.78% of the companies listed in the same industry.
WCP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WCP is cheaper than 81.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.89 | ||
| EV/EBITDA | 3.28 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of WCP may justify a higher PE ratio.
WCP's earnings are expected to decrease with -18.33% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.67
PEG (5Y)N/A
EPS Next 2Y-18.33%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.03%, WCP is a good candidate for dividend investing.
WCP's Dividend Yield is rather good when compared to the industry average which is at 6.94. WCP pays more dividend than 93.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.03% |
5.2 History
The dividend of WCP is nicely growing with an annual growth rate of 16.83%!
WCP has paid a dividend for at least 10 years, which is a reliable track record.
WCP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.83%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
53.34% of the earnings are spent on dividend by WCP. This is a bit on the high side, but may be sustainable.
The Dividend Rate of WCP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP53.34%
EPS Next 2Y-18.33%
EPS Next 3YN/A
TSX:WCP (3/7/2025, 7:00:00 PM)
9.35
+0.26 (+2.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.8%
Inst Owner ChangeN/A
Ins Owners0.93%
Ins Owner ChangeN/A
Market Cap5.49B
Analysts77.78
Price Target13.88 (48.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.03% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP53.34%
Div Incr Years3
Div Non Decr Years3
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)2
Avg Revenue beat(2)6.72%
Min Revenue beat(2)6.16%
Max Revenue beat(2)7.28%
Revenue beat(4)4
Avg Revenue beat(4)10.3%
Min Revenue beat(4)6.16%
Max Revenue beat(4)16.4%
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)0.26%
PT rev (3m)0.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.25%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-1.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-21.58%
Revenue NY rev (3m)-22.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.19 | ||
| P/S | 1.65 | ||
| P/FCF | 7.89 | ||
| P/OCF | 3 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 3.28 |
EPS(TTM)1.36
EY14.55%
EPS(NY)1.51
Fwd EY16.17%
FCF(TTM)1.19
FCFY12.68%
OCF(TTM)3.12
OCFY33.37%
SpS5.68
BVpS9.78
TBVpS9.78
PEG (NY)0.67
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.16% | ||
| ROE | 14.13% | ||
| ROCE | 10.28% | ||
| ROIC | 7.79% | ||
| ROICexc | 8.11% | ||
| ROICexgc | 8.11% | ||
| OM | 28.08% | ||
| PM (TTM) | 24.34% | ||
| GM | 73.81% | ||
| FCFM | 20.87% |
ROA(3y)11.67%
ROA(5y)1.26%
ROE(3y)21.19%
ROE(5y)-14.8%
ROIC(3y)10.61%
ROIC(5y)8.44%
ROICexc(3y)10.72%
ROICexc(5y)8.5%
ROICexgc(3y)10.72%
ROICexgc(5y)8.5%
ROCE(3y)14.01%
ROCE(5y)11.14%
ROICexcg growth 3Y-6.88%
ROICexcg growth 5Y30.36%
ROICexc growth 3Y-6.88%
ROICexc growth 5Y30.99%
OM growth 3Y-8.71%
OM growth 5Y16.52%
PM growth 3Y-32.17%
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y0.89%
F-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | 0.59 | ||
| Cap/Depr | 116.56% | ||
| Cap/Sales | 34.06% | ||
| Interest Coverage | 13.16 | ||
| Cash Conversion | 95.85% | ||
| Profit Quality | 85.74% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 1.58 |
F-Score6
WACC7.25%
ROIC/WACC1.07
Cap/Depr(3y)110.9%
Cap/Depr(5y)98.28%
Cap/Sales(3y)28.87%
Cap/Sales(5y)27.2%
Profit Quality(3y)81.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.93%
EPS 3Y-22.75%
EPS 5YN/A
EPS Q2Q%-19.54%
EPS Next Y10.31%
EPS Next 2Y-18.33%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.34%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%3.12%
Revenue Next Year-20.6%
Revenue Next 2Y-15.11%
Revenue Next 3Y5.97%
Revenue Next 5Y5.82%
EBIT growth 1Y-8.51%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year6.7%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y12.78%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y5.21%
OCF growth 3Y17.71%
OCF growth 5Y23.22%