WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada - TSX:WCP - CA96467A2002 - Common Stock
10.22 CAD
+0.04 (+0.39%)
WCP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 207 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 is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! WCP also has an excellent dividend rating.
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
Looking at the Return On Assets, with a value of 5.13%, WCP belongs to the top of the industry, outperforming 84.06% of the companies in the same industry.
WCP's Return On Equity of 8.83% is fine compared to the rest of the industry. WCP outperforms 61.84% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.30%, WCP is in line with its industry, outperforming 59.42% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WCP is above the industry average of 6.94%.
The 3 year average ROIC (10.61%) for WCP is well above the current ROIC(4.30%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 8.83% | ||
| ROIC | 4.3% |
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
Looking at the Profit Margin, with a value of 25.96%, WCP belongs to the top of the industry, outperforming 85.51% of the companies in the same industry.
WCP's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 26.50%, WCP is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
In the last couple of years the Operating Margin of WCP has grown nicely.
WCP's Gross Margin of 73.11% is amongst the best of the industry. WCP outperforms 91.30% of its industry peers.
WCP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.5% | ||
| PM (TTM) | 25.96% | ||
| GM | 73.11% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WCP is creating some value.
The number of shares outstanding for WCP has been reduced compared to 1 year ago.
The number of shares outstanding for WCP has been increased compared to 5 years ago.
WCP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.37, we must say that WCP is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of WCP (1.37) is better than 61.35% of its industry peers.
WCP has a debt to FCF ratio of 5.98. This is a neutral value as WCP would need 5.98 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.98, WCP is doing good in the industry, outperforming 72.46% of the companies in the same industry.
WCP has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
WCP's Debt to Equity ratio of 0.31 is in line compared to the rest of the industry. WCP outperforms 57.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.57
WACC7.53%
2.3 Liquidity
A Current Ratio of 0.78 indicates that WCP may have some problems paying its short term obligations.
WCP has a Current ratio (0.78) which is in line with its industry peers.
WCP has a Quick Ratio of 0.78. 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 Quick ratio of 0.78. This is comparable to the rest of the industry: WCP outperforms 57.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
WCP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.80%, which is quite good.
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 quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.28%.
The Revenue has been growing by 25.03% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)16.8%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-19.51%
Revenue 1Y (TTM)12.28%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%42.31%
3.2 Future
Based on estimates for the next years, WCP will show a decrease in Earnings Per Share. The EPS will decrease by -7.78% on average per year.
WCP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.51% yearly.
EPS Next Y-30.7%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
EPS Next 5YN/A
Revenue Next Year25.67%
Revenue Next 2Y27.31%
Revenue Next 3Y30.05%
Revenue Next 5Y21.51%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.00 indicates a rather cheap valuation of WCP.
WCP's Price/Earnings ratio is rather cheap when compared to the industry. WCP is cheaper than 85.02% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.57, WCP is valued rather cheaply.
WCP is valuated correctly with a Price/Forward Earnings ratio of 12.81.
60.39% of the companies in the same industry are more expensive than WCP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.09. WCP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 12.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WCP is valued a bit cheaper than the industry average as 71.50% of the companies are valued more expensively.
WCP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.94 | ||
| EV/EBITDA | 7.45 |
4.3 Compensation for Growth
The decent profitability rating of WCP may justify a higher PE ratio.
WCP's earnings are expected to decrease with -7.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
5. Dividend
5.1 Amount
WCP has a Yearly Dividend Yield of 6.95%, which is a nice return.
Compared to an average industry Dividend Yield of 5.56, WCP pays a better dividend. On top of this WCP pays more dividend than 92.75% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.95% |
5.2 History
The dividend of WCP is nicely growing with an annual growth rate of 16.83%!
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)16.83%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
51.73% 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.
DP51.73%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
TSX:WCP (10/22/2025, 7:00:00 PM)
10.22
+0.04 (+0.39%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.76%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap12.40B
Revenue(TTM)3.78B
Net Income(TTM)981.20M
Analysts81.11
Price Target13.37 (30.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.95% |
Yearly Dividend0.73
Dividend Growth(5Y)16.83%
DP51.73%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)39.95%
Min EPS beat(2)-14.59%
Max EPS beat(2)94.48%
EPS beat(4)3
Avg EPS beat(4)48.49%
Min EPS beat(4)-14.59%
Max EPS beat(4)94.48%
EPS beat(8)5
Avg EPS beat(8)20%
EPS beat(12)9
Avg EPS beat(12)20.29%
EPS beat(16)12
Avg EPS beat(16)89.46%
Revenue beat(2)2
Avg Revenue beat(2)8.81%
Min Revenue beat(2)2.27%
Max Revenue beat(2)15.36%
Revenue beat(4)4
Avg Revenue beat(4)7.77%
Min Revenue beat(4)2.27%
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%
PT rev (3m)1.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)29.63%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)174.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 12.81 | ||
| P/S | 3.28 | ||
| P/FCF | 20.94 | ||
| P/OCF | 6.4 | ||
| P/B | 1.12 | ||
| P/tB | 1.12 | ||
| EV/EBITDA | 7.45 |
EPS(TTM)1.46
EY14.29%
EPS(NY)0.8
Fwd EY7.81%
FCF(TTM)0.49
FCFY4.77%
OCF(TTM)1.6
OCFY15.64%
SpS3.11
BVpS9.15
TBVpS9.15
PEG (NY)N/A
PEG (5Y)N/A
Graham Number17.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 8.83% | ||
| ROCE | 5.68% | ||
| ROIC | 4.3% | ||
| ROICexc | 4.3% | ||
| ROICexgc | 4.3% | ||
| OM | 26.5% | ||
| PM (TTM) | 25.96% | ||
| GM | 73.11% | ||
| FCFM | 15.67% |
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%
ROICexgc growth 3Y-6.88%
ROICexgc 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-Score4
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Debt/EBITDA | 1.63 | ||
| Cap/Depr | 118.47% | ||
| Cap/Sales | 35.64% | ||
| Interest Coverage | 13.76 | ||
| Cash Conversion | 90.68% | ||
| Profit Quality | 60.35% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.37 |
F-Score4
WACC7.53%
ROIC/WACC0.57
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)16.8%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-19.51%
EPS Next Y-30.7%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
EPS Next 5YN/A
Revenue 1Y (TTM)12.28%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%42.31%
Revenue Next Year25.67%
Revenue Next 2Y27.31%
Revenue Next 3Y30.05%
Revenue Next 5Y21.51%
EBIT growth 1Y-4.17%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year48.97%
EBIT Next 3Y25.95%
EBIT Next 5YN/A
FCF growth 1Y-48.02%
FCF growth 3Y7.24%
FCF growth 5Y24.02%
OCF growth 1Y-2.99%
OCF growth 3Y17.71%
OCF growth 5Y23.22%