WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada - TSX:WCP - CA96467A2002 - Common Stock
11.13 CAD
+0.48 (+4.51%)
Taking everything into account, WCP scores 6 out of 10 in our fundamental rating. WCP was compared to 216 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 growing strongly while it is still valued neutral. This is a good combination! Finally WCP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WCP had positive earnings in the past year.
WCP had a positive operating cash flow in the past year.
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's Return On Assets of 5.13% is amongst the best of the industry. WCP outperforms 84.72% of its industry peers.
The Return On Equity of WCP (8.83%) is better than 62.96% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.30%, WCP is in the better half of the industry, outperforming 61.11% 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 6.93%.
The last Return On Invested Capital (4.30%) for WCP is well below the 3 year average (10.61%), which needs to be investigated, but indicates that WCP had better years and this may not be a problem.
| 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
With an excellent Profit Margin value of 25.96%, WCP belongs to the best of the industry, outperforming 86.11% of the companies in the same industry.
WCP's Profit Margin has declined in the last couple of years.
WCP's Operating Margin of 26.50% is fine compared to the rest of the industry. WCP outperforms 77.78% of its industry peers.
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 91.67% of its industry peers.
In the last couple of years the Gross Margin of WCP has remained more or less at the same level.
| 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
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.
WCP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that WCP is in the distress zone and has some risk of bankruptcy.
WCP has a better Altman-Z score (1.41) than 62.96% of its industry peers.
The Debt to FCF ratio of WCP is 5.98, which is a neutral value as it means it would take WCP, 5.98 years of fcf income to pay off all of its debts.
WCP has a better Debt to FCF ratio (5.98) than 74.07% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that WCP is not too dependend on debt financing.
WCP has a Debt to Equity ratio (0.31) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.98 | ||
| Altman-Z | 1.41 |
ROIC/WACC0.55
WACC7.81%
2.3 Liquidity
WCP has a Current 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's Current ratio of 0.78 is in line compared to the rest of the industry. WCP outperforms 54.17% of its industry peers.
A Quick Ratio of 0.78 indicates that WCP may have some problems paying its short term obligations.
WCP has a Quick ratio (0.78) which is in line with its industry peers.
| 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 nice 16.80% over the past year.
The earnings per share for WCP have been decreasing by -21.33% on average. This is quite bad
The Revenue has grown by 12.28% in the past year. This is quite good.
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.
Based on estimates for the next years, WCP will show a very strong growth in Revenue. The Revenue will grow by 21.12% on average per year.
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 5Y21.12%
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
Based on the Price/Earnings ratio of 7.62, the valuation of WCP can be described as very cheap.
82.41% of the companies in the same industry are more expensive than WCP, based on the Price/Earnings ratio.
WCP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
Based on the Price/Forward Earnings ratio of 13.95, the valuation of WCP can be described as correct.
WCP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WCP is cheaper than 62.50% of the companies in the same industry.
WCP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.62 | ||
| Fwd PE | 13.95 |
4.2 Price Multiples
70.37% of the companies in the same industry are more expensive than WCP, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WCP indicates a somewhat cheap valuation: WCP is cheaper than 60.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.86 | ||
| EV/EBITDA | 7.71 |
4.3 Compensation for Growth
WCP has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as WCP's earnings are expected to decrease with -7.78% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.11%, WCP is a good candidate for dividend investing.
WCP's Dividend Yield is rather good when compared to the industry average which is at 5.90. WCP pays more dividend than 93.98% of the companies in the same industry.
WCP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.11% |
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.
WCP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP51.73%
EPS Next 2Y-23.68%
EPS Next 3Y-7.78%
TSX:WCP (9/16/2025, 7:00:00 PM)
11.13
+0.48 (+4.51%)
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 Cap13.54B
Analysts81.05
Price Target13.37 (20.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.11% |
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)-0.23%
PT rev (3m)0.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.23%
EPS NY rev (1m)-1.52%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)174.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.62 | ||
| Fwd PE | 13.95 | ||
| P/S | 3.58 | ||
| P/FCF | 22.86 | ||
| P/OCF | 6.98 | ||
| P/B | 1.22 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | 7.71 |
EPS(TTM)1.46
EY13.12%
EPS(NY)0.8
Fwd EY7.17%
FCF(TTM)0.49
FCFY4.38%
OCF(TTM)1.59
OCFY14.33%
SpS3.11
BVpS9.14
TBVpS9.14
PEG (NY)N/A
PEG (5Y)N/A
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%
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-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 | 1.41 |
F-Score4
WACC7.81%
ROIC/WACC0.55
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 5Y21.12%
EBIT growth 1Y-4.17%
EBIT growth 3Y3.69%
EBIT growth 5Y45.69%
EBIT Next Year60.46%
EBIT Next 3Y26.16%
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%