Saturn Oil & Gas Inc. (SOIL.TO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+1158.7%

CA$109.00

vs CA$8.66 price

Levered DCF

CA$54.35

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.54

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	2.79×	7.2×	0.97×	1.42×	-1.17×	-3.33×	39.72×	-22.35×
P/B	0.5×	0.49×	0.46×	0.76×	-2.51×	7.16×	3.06×	4.29×
P/S	0.53×	0.42×	0.45×	0.31×	0.77×	3.6×	1.87×	8.55×
EV / EBITDA	2.13×	3.19×	1.26×	2.37×	-4.21×	7.97×	4.67×	36.09×
Gross margin	26.4%	62.7%	43.3%	73.4%	56.9%	73.7%	82.8%	69.4%
Operating margin	22.7%	29.6%	40.8%	28.6%	-60.7%	14.4%	24.2%	-46.2%
Net margin	19.0%	5.9%	46.5%	22.2%	-66.1%	-108.3%	4.7%	-37.5%
Current ratio	0.63×	0.65×	0.33×	0.27×	0.3×	0.04×	0.17×	0.09×
Debt / equity	0.87×	1.18×	0.75×	1.78×	-3.16×	8.35×	2.21×	0.63×
Interest coverage	2.08×	2.91×	2.68×	3.23×	-5.36×	0.1×	1.12×	-2.8×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	17.7%	6.7%	47.7%	54.0%	214.7%	-215.1%	7.7%	-18.8%
Return on invested capital	7.6%	11.1%	19.3%	20.1%	-35.8%	2.9%	10.7%	-10.4%
Return on assets	7.6%	2.5%	21.8%	12.8%	-29.4%	-19.2%	1.7%	-5.1%
Free cash flow yield	46.0%	16.8%	54.5%	12.5%	-13.1%	-1.1%	-50.5%	-46.8%
Earnings yield	35.7%	13.8%	103.2%	70.8%	-85.4%	-30.1%	2.5%	-4.4%
Enterprise value	CA$1.3B	CA$1.3B	CA$713M	CA$342.6M	CA$169.7M	CA$55.3M	CA$55.2M	CA$39.7M
Net debt / EBITDA	1.36×	2.23×	0.76×	1.64×	-2.32×	4.25×	1.91×	4.54×
Cash conversion cycle (days)	-34	-137	-85	-186	-174	-961	-965	-3,340