CJ Stock Analysis: Cardinal Energy | TO
Oil & Gas E&P | TO, Canada | Market Cap: 2.325m CAD | 12M Return: 63.2% | CA14150G4007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.2M
EPS Trend: -73.4%
Qual. Beats: 0
Rev. Trend: -37.0%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Cardinal Energy Ltd. is a Canadian oil and natural gas exploration and production company headquartered in Calgary. It acquires, explores, develops, optimizes, and produces petroleum and natural gas in Alberta, British Columbia, and Saskatchewan.
As an upstream producer, the company’s business involves developing resources and selling its oil and gas production; its results are generally influenced by commodity prices and production levels.
- Heavy oil prices and WCS differentials drive realized revenue
- Production growth depends on disciplined drilling and well optimization
- Free cash flow supports dividends and debt reduction
| Net Income: 63.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -4.37 > 1.0 |
| NWC/Revenue: -8.25% < 20% (prev -7.95%; Δ -0.30% < -1%) |
| CFO/TA 0.18 > 3% & CFO 259.5m > Net Income 63.0m |
| Net Debt (140.5m) to EBITDA (303.7m): 0.46 < 3 |
| Current Ratio: 0.63 > 1.5 & < 3 |
| Outstanding Shares: last quarter (178.1m) vs 12m ago 10.31% < -2% |
| Gross Margin: 44.15% > 18% (prev 62.82%; Δ -18.67% > 0.5%) |
| Asset Turnover: 41.89% > 50% (prev 41.84%; Δ 0.05% > 0%) |
| Interest Coverage Ratio: 10.37 > 6 (EBIT TTM 171.5m / Interest Expense TTM 16.5m) |
| A: -0.03 (Total Current Assets 84.6m - Total Current Liabilities 133.2m) / Total Assets 1.43b |
| B: -0.20 (Retained Earnings -286.3m / Total Assets 1.43b) |
| C: 0.12 (EBIT TTM 171.5m / Avg Total Assets 1.41b) |
| D: 2.09 (Book Value of Equity 969.6m / Total Liabilities 463.3m) |
| Altman-Z'' = 2.14 = BBB |
| DSRI: 1.36 (Receivables 74.6m/53.8m, Revenue 589.6m/578.2m) |
| GMI: 1.42 (GM 62.82% / 44.15%) |
| AQI: 190.5 (AQ_t 0.02 / AQ_t-1 0.00) |
| SGI: 1.02 (Revenue 589.6m / 578.2m) |
| TATA: -0.14 (NI 63.0m - CFO 259.5m) / TA 1.43b) |
| Beneish M = 110.0 (Cap -4..+1) = D |
As of November 04, 2026, the stock is trading at CAD 12.27 with a total of 1,149,431 shares traded. Over the past week, the price has changed by -8.02%, over one month by -1.00%, over three months by +12.37% and over the past year by +63.16%.
Current recommended Stop Loss: 11.60 (which is 5.5% or 1.8 ATR below the current price).
Cardinal Energy has no consensus analysts rating.
P/E Trailing = 36.75
P/E Forward = 10.7643
P/S = 4.2166
P/B = 2.3998
P/EG = 5.59
Revenue TTM = 589.6m CAD
EBIT TTM = 171.5m CAD
EBITDA TTM = 303.7m CAD
Long Term Debt = 130.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 1.92m CAD (from shortTermDebt, last quarter)
Debt = 140.5m CAD (from shortLongTermDebtTotal, last quarter) + Leases 5.05m
Net Debt = 140.5m CAD (using Total Debt 140.5m, CCE unavailable)
Enterprise Value = 2.47b CAD (2.33b + Debt 140.5m - (null CCE))
Interest Coverage Ratio = 10.37 (Ebit TTM 171.5m / Interest Expense TTM 16.5m)
EV/FCF = 23.36x (Enterprise Value 2.47b / FCF TTM 105.5m)
FCF Yield = 4.28% (FCF TTM 105.5m / Enterprise Value 2.47b)
FCF Margin = 17.90% (FCF TTM 105.5m / Revenue TTM 589.6m)
Net Margin = 10.69% (Net Income TTM 63.0m / Revenue TTM 589.6m)
Gross Margin = 44.15% ((Revenue TTM 589.6m - Cost of Revenue TTM 329.3m) / Revenue TTM)
Gross Margin QoQ = 68.33% (prev 35.63%)
Tobins Q-Ratio = 1.72 (Enterprise Value 2.47b / Total Assets 1.43b)
Interest Expense / Debt = 11.77% (Interest Expense 16.5m / Debt 140.5m)
Taxrate = 24.62% (20.6m / 83.6m)
NOPAT = 129.3m (EBIT 171.5m * (1 - 24.62%))
Current Ratio = 0.63 (Total Current Assets 84.6m / Total Current Liabilities 133.2m)
Debt / Equity = 0.14 (Debt 140.5m / totalStockholderEquity, last quarter 969.6m)
Debt / EBITDA = 0.46 (Net Debt 140.5m / EBITDA 303.7m)
Debt / FCF = 1.33 (Net Debt 140.5m / FCF TTM 105.5m)
Total Stockholder Equity = 905.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.48% (Net Income 63.0m / Total Assets 1.43b)
RoE = 6.96% (Net Income TTM 63.0m / Total Stockholder Equity 905.3m)
RoCE = 16.56% (EBIT 171.5m / Capital Employed (Equity 905.3m + L.T.Debt 130.4m))
RoIC = 9.93% (NOPAT 129.3m / Invested Capital 1.30b)
WACC = 6.69% (E(2.33b)/V(2.47b) * Re(6.56%) + D(140.5m)/V(2.47b) * Rd(11.77%) * (1-Tc(0.25)))
Discount Rate = 6.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.71 | Cagr: 4.73%
[DCF] Terminal Value 73.10% ; FCFF base≈128.2m ; Y1≈112.4m ; Y5≈90.8m
[DCF] Fair Price = 7.50 (EV 1.46b - Net Debt 140.5m = Equity 1.32b / Shares 175.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -73.42 | EPS CAGR: -48.53% | SUE: 0.0 | # QB: 0
Revenue Correlation: -37.05 | Revenue CAGR: -2.79% | SUE: 3.49 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.33 | Chg30d=N/A | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=1.16 | Chg30d=+33.53% | Revisions=-25% | GrowthEPS=+220.0% | GrowthRev=+26.4%
EPS next Year (2027-12-31): EPS=1.01 | Chg30d=+18.13% | Revisions=+25% | GrowthEPS=-12.6% | GrowthRev=-11.1%
[Analyst] Revisions Ratio: -17% (up=1, down=2)