WHITECAP RESOURCES INC (WCP.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:WCP • CA96467A2002
12.42 CAD
-0.27 (-2.13%)
Last: Jan 30, 2026, 07:00 PM
WCP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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 not valued too expensively and it also shows a decent growth rate. Finally 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
- The Return On Assets of WCP (4.79%) is better than 83.80% of its industry peers.
- WCP has a Return On Equity of 8.35%. This is in the better half of the industry: WCP outperforms 64.81% of its industry peers.
- WCP has a better Return On Invested Capital (4.76%) than 75.46% 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 6.50%.
- The last Return On Invested Capital (4.76%) 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 | 4.79% | ||
| ROE | 8.35% | ||
| ROIC | 4.76% |
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 Profit Margin of 20.18%. This is amongst the best in the industry. WCP outperforms 81.94% of its industry peers.
- WCP's Profit Margin has declined in the last couple of years.
- The Operating Margin of WCP (24.35%) is better than 80.09% of its industry peers.
- In the last couple of years the Operating Margin of WCP has grown nicely.
- WCP's Gross Margin of 72.69% is amongst the best of the industry. WCP outperforms 91.20% of its industry peers.
- WCP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.35% | ||
| PM (TTM) | 20.18% | ||
| GM | 72.69% |
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.
- Compared to 1 year ago, WCP has less shares outstanding
- The number of shares outstanding for WCP has been increased compared to 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 1.60. This is a bad value and indicates that WCP is not financially healthy and even has some risk of bankruptcy.
- WCP has a better Altman-Z score (1.60) than 66.20% of its industry peers.
- WCP has a debt to FCF ratio of 5.43. This is a neutral value as WCP would need 5.43 years to pay back of all of its debts.
- WCP has a Debt to FCF ratio of 5.43. This is in the better half of the industry: WCP outperforms 76.85% of its industry peers.
- WCP has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.32, WCP is doing good in the industry, outperforming 60.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 5.43 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.61
WACC7.74%
2.3 Liquidity
- WCP has a Current Ratio of 0.73. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of WCP (0.73) is comparable to the rest of the industry.
- WCP has a Quick Ratio of 0.73. This is a bad value and indicates that WCP is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of WCP (0.73) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
- WCP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.86%.
- WCP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.33% yearly.
- The Revenue has grown by 36.36% in the past year. This is a very strong growth!
- WCP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.03% yearly.
EPS 1Y (TTM)-19.86%
EPS 3Y-21.33%
EPS 5YN/A
EPS Q2Q%-63.04%
Revenue 1Y (TTM)36.36%
Revenue growth 3Y13.58%
Revenue growth 5Y25.03%
Sales Q2Q%90.71%
3.2 Future
- The Earnings Per Share is expected to decrease by -4.59% on average over the next years.
- WCP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.60% yearly.
EPS Next Y-31.88%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
EPS Next 5Y-4.59%
Revenue Next Year55.79%
Revenue Next 2Y33.57%
Revenue Next 3Y22.21%
Revenue Next 5Y18.6%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 10.62, the valuation of WCP can be described as reasonable.
- Based on the Price/Earnings ratio, WCP is valued a bit cheaper than the industry average as 74.07% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, WCP is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 15.65, 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 65.28% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. WCP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.62 | ||
| Fwd PE | 15.65 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, WCP is valued a bit cheaper than the industry average as 76.85% of the companies are valued more expensively.
- WCP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WCP is cheaper than 66.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.91 | ||
| EV/EBITDA | 7.41 |
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 -10.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.75%, WCP is a good candidate for dividend investing.
- WCP's Dividend Yield is rather good when compared to the industry average which is at 3.01. WCP pays more dividend than 83.80% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, WCP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
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
- 68.17% of the earnings are spent on dividend by WCP. This is not a sustainable payout ratio.
- WCP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP68.17%
EPS Next 2Y-23.88%
EPS Next 3Y-10.04%
WHITECAP RESOURCES INC / WCP.CA FAQ
Can you provide the ChartMill fundamental rating for WHITECAP RESOURCES INC?
ChartMill assigns a fundamental rating of 6 / 10 to WCP.CA.
Can you provide the valuation status for WHITECAP RESOURCES INC?
ChartMill assigns a valuation rating of 6 / 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 8 / 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 -31.88% 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 68.17%.