WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
WCP gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. WCP has an excellent profitability rating, but there are some minor concerns on its financial health. WCP is growing strongly while it is still valued neutral. This is a good combination! WCP also has an excellent dividend rating. This makes WCP very considerable for dividend and growth 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.
Of the past 5 years WCP 4 years were profitable.
In the past 5 years WCP always reported a positive cash flow from operatings.
1.2 Ratios
WCP has a Return On Assets of 9.35%. This is amongst the best in the industry. WCP outperforms 90.82% of its industry peers.
WCP's Return On Equity of 15.75% is amongst the best of the industry. WCP outperforms 85.99% of its industry peers.
WCP has a better Return On Invested Capital (8.37%) than 86.47% of its industry peers.
WCP had an Average Return On Invested Capital over the past 3 years of 10.61%. This is above the industry average of 7.39%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.35% | ||
| ROE | 15.75% | ||
| ROIC | 8.37% |
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
With an excellent Profit Margin value of 26.87%, WCP belongs to the best of the industry, outperforming 87.44% of the companies in the same industry.
In the last couple of years the Profit Margin of WCP has declined.
WCP's Operating Margin of 29.30% is amongst the best of the industry. WCP outperforms 80.19% of its industry peers.
WCP's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 74.38%, WCP belongs to the best of the industry, outperforming 90.82% of the companies in the same industry.
WCP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.3% | ||
| PM (TTM) | 26.87% | ||
| GM | 74.38% |
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.
Compared to 1 year ago, WCP has an improved debt to assets ratio.
2.2 Solvency
WCP has an Altman-Z score of 2.53. This is not the best score and indicates that WCP is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.53, WCP is in the better half of the industry, outperforming 75.36% of the companies in the same industry.
WCP has a debt to FCF ratio of 1.49. This is a very positive value and a sign of high solvency as it would only need 1.49 years to pay back of all of its debts.
The Debt to FCF ratio of WCP (1.49) is better than 87.44% of its industry peers.
WCP has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
WCP's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. WCP outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.49 | ||
| Altman-Z | 2.53 |
ROIC/WACC1.03
WACC8.09%
2.3 Liquidity
WCP has a Current Ratio of 0.66. 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 0.66. This is in the lower half of the industry: WCP underperforms 63.77% of its industry peers.
A Quick Ratio of 0.66 indicates that WCP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.66, WCP is in line with its industry, outperforming 44.93% of the companies in the same industry.
The current and quick ratio evaluation for WCP is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.28% over the past year.
Measured over the past years, WCP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.33% on average per year.
WCP shows a small growth in Revenue. In the last year, the Revenue has grown by 5.56%.
The Revenue has been growing by 25.03% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)36.28%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%170%
Revenue 1Y (TTM)5.56%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%8.57%
3.2 Future
The Earnings Per Share is expected to decrease by -14.19% on average over the next years. This is quite bad
Based on estimates for the next years, WCP will show a very strong growth in Revenue. The Revenue will grow by 26.25% on average per year.
EPS Next Y-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
EPS Next 5YN/A
Revenue Next Year-54.22%
Revenue Next 2Y-31.72%
Revenue Next 3Y5.97%
Revenue Next 5Y26.25%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.15, the valuation of WCP can be described as very cheap.
Based on the Price/Earnings ratio, WCP is valued cheaply inside the industry as 89.86% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. WCP is valued rather cheaply when compared to this.
WCP is valuated reasonably with a Price/Forward Earnings ratio of 11.07.
WCP's Price/Forward Earnings is on the same level as the industry average.
WCP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 11.07 |
4.2 Price Multiples
77.29% of the companies in the same industry are more expensive than WCP, based on the Enterprise Value to EBITDA ratio.
63.77% of the companies in the same industry are more expensive than WCP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.37 | ||
| EV/EBITDA | 6.23 |
4.3 Compensation for Growth
The excellent profitability rating of WCP may justify a higher PE ratio.
A cheap valuation may be justified as WCP's earnings are expected to decrease with -14.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
5. Dividend
5.1 Amount
WCP has a Yearly Dividend Yield of 7.90%, which is a nice return.
Compared to an average industry Dividend Yield of 6.35, WCP pays a better dividend. On top of this WCP pays more dividend than 93.72% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.9% |
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
47.14% of the earnings are spent on dividend by WCP. This is a bit on the high side, but may be sustainable.
DP47.14%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
TSX:WCP (7/8/2025, 7:00:00 PM)
9.47
+0.2 (+2.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners12.59%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap11.65B
Analysts77.89
Price Target13.17 (39.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.9% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP47.14%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)37.91%
Min EPS beat(2)-14.59%
Max EPS beat(2)90.4%
EPS beat(4)3
Avg EPS beat(4)26.34%
Min EPS beat(4)-14.59%
Max EPS beat(4)90.4%
EPS beat(8)5
Avg EPS beat(8)9.99%
EPS beat(12)9
Avg EPS beat(12)13.77%
EPS beat(16)11
Avg EPS beat(16)79.37%
Revenue beat(2)2
Avg Revenue beat(2)10.76%
Min Revenue beat(2)6.16%
Max Revenue beat(2)15.36%
Revenue beat(4)4
Avg Revenue beat(4)10.03%
Min Revenue beat(4)6.16%
Max Revenue beat(4)15.36%
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)-0.83%
PT rev (3m)-4.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-41.55%
Revenue NQ rev (1m)62.12%
Revenue NQ rev (3m)66.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-42.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 11.07 | ||
| P/S | 3.42 | ||
| P/FCF | 18.37 | ||
| P/OCF | 6.56 | ||
| P/B | 2 | ||
| P/tB | 2 | ||
| EV/EBITDA | 6.23 |
EPS(TTM)1.54
EY16.26%
EPS(NY)0.86
Fwd EY9.03%
FCF(TTM)0.52
FCFY5.44%
OCF(TTM)1.44
OCFY15.25%
SpS2.77
BVpS4.73
TBVpS4.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.35% | ||
| ROE | 15.75% | ||
| ROCE | 11.05% | ||
| ROIC | 8.37% | ||
| ROICexc | 8.37% | ||
| ROICexgc | 8.37% | ||
| OM | 29.3% | ||
| PM (TTM) | 26.87% | ||
| GM | 74.38% | ||
| FCFM | 18.62% |
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-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.49 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 116.09% | ||
| Cap/Sales | 33.53% | ||
| Interest Coverage | 16.49 | ||
| Cash Conversion | 89.62% | ||
| Profit Quality | 69.29% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 2.53 |
F-Score7
WACC8.09%
ROIC/WACC1.03
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)36.28%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%170%
EPS Next Y-29.63%
EPS Next 2Y-20.98%
EPS Next 3Y-14.19%
EPS Next 5YN/A
Revenue 1Y (TTM)5.56%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%8.57%
Revenue Next Year-54.22%
Revenue Next 2Y-31.72%
Revenue Next 3Y5.97%
Revenue Next 5Y26.25%
EBIT growth 1Y3.42%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year60.46%
EBIT Next 3Y26.16%
EBIT Next 5YN/A
FCF growth 1Y-58.41%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y-21.46%
OCF growth 3Y17.71%
OCF growth 5Y23.22%