Athabasca Oil Corp Stock Analysis
| ATH Stock | CAD 5.51 0.04 0.73% |
Athabasca Oil Corp is overvalued with Real Value of 4.46 and Hype Value of 5.51. The main objective of Athabasca Oil stock analysis is to determine its intrinsic value, which is an estimate of what Athabasca Oil Corp is worth, separate from its market price. There are two main types of Athabasca Oil's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Athabasca Oil's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Athabasca Oil's stock to identify patterns and trends that may indicate its future price movements.
The Athabasca Oil stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Athabasca Oil is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Athabasca Stock trading window is adjusted to America/Toronto timezone.
Athabasca |
Athabasca Stock Analysis Notes
About 25.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.85. Some equities with similar Price to Book (P/B) outperform the market in the long run. Athabasca Oil Corp has Price/Earnings To Growth (PEG) ratio of 0.2. The entity had not issued any dividends in recent years. Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. ATHABASCA OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 146 people. For more info on Athabasca Oil Corp please contact Robert Broen at 403 237 8227 or go to https://www.atha.com.Athabasca Oil Quarterly Total Revenue |
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Athabasca Oil Corp Investment Alerts
| Athabasca Oil Corp generated a negative expected return over the last 90 days | |
| Athabasca Oil Corp has accumulated 185.54 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Athabasca Oil Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Athabasca Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Athabasca Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athabasca Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athabasca to invest in growth at high rates of return. When we think about Athabasca Oil's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.2 B. Net Loss for the year was (51.22 M) with profit before overhead, payroll, taxes, and interest of 528.07 M. | |
| Latest headline from news.google.com: Athabasca Oil Co. Receives C6.25 Average PT from Brokerages - MarketBeat |
Athabasca Largest EPS Surprises
Earnings surprises can significantly impact Athabasca Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-08 | 2024-03-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2021-07-28 | 2021-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2021-05-04 | 2021-03-31 | -0.02 | -0.03 | -0.01 | 50 |
Athabasca Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athabasca Oil's market, we take the total number of its shares issued and multiply it by Athabasca Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Athabasca Profitablity
Athabasca Oil's profitability indicators refer to fundamental financial ratios that showcase Athabasca Oil's ability to generate income relative to its revenue or operating costs. If, let's say, Athabasca Oil is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Athabasca Oil's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Athabasca Oil's profitability requires more research than a typical breakdown of Athabasca Oil's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.18 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.38 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.38. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.10) | (0.09) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.03) | (0.03) |
Management Efficiency
Athabasca Oil Corp has return on total asset (ROA) of 0.1116 % which means that it generated a profit of $0.1116 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.144 %, meaning that it generated $0.144 on every $100 dollars invested by stockholders. Athabasca Oil's management efficiency ratios could be used to measure how well Athabasca Oil manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to grow to -0.09. At this time, Athabasca Oil's Non Current Assets Total are very stable compared to the past year. As of the 23rd of November 2024, Non Currrent Assets Other is likely to grow to about 39.6 M, while Total Assets are likely to drop about 2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.71 | 4.66 | |
| Tangible Book Value Per Share | 2.71 | 4.70 | |
| Enterprise Value Over EBITDA | 20.36 | 21.37 | |
| Price Book Value Ratio | 1.54 | 2.44 | |
| Enterprise Value Multiple | 20.36 | 21.37 | |
| Price Fair Value | 1.54 | 2.44 | |
| Enterprise Value | 2.3 B | 2.3 B |
Leadership effectiveness at Athabasca Oil Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.3786 | Profit Margin 0.1754 | Beta 1.988 | Return On Assets 0.1116 | Return On Equity 0.144 |
Technical Drivers
As of the 23rd of November, Athabasca Oil shows the mean deviation of 1.68, and Risk Adjusted Performance of 0.0244. Athabasca Oil Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Athabasca Oil Corp Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Athabasca Oil middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Athabasca Oil Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Athabasca Oil Outstanding Bonds
Athabasca Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Athabasca Oil Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Athabasca bonds can be classified according to their maturity, which is the date when Athabasca Oil Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Athabasca Oil Predictive Daily Indicators
Athabasca Oil intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Athabasca Oil stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Athabasca Oil Forecast Models
Athabasca Oil's time-series forecasting models are one of many Athabasca Oil's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Athabasca Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Athabasca Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Athabasca Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Athabasca shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Athabasca Oil. By using and applying Athabasca Stock analysis, traders can create a robust methodology for identifying Athabasca entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.03) | (0.03) | |
| Operating Profit Margin | (0.15) | (0.16) | |
| Net Loss | (0.04) | (0.04) | |
| Gross Profit Margin | 0.25 | 0.17 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Athabasca Oil to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Athabasca Stock
Athabasca Oil financial ratios help investors to determine whether Athabasca Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Athabasca with respect to the benefits of owning Athabasca Oil security.