TSX/TPZ (TSX/TPZ)

Toronto Stock Exchange: TSX/TPZ · CAD

CA$31.0

+0.05 (+0.2%)· Recorded snapshot

Market cap	4.8B
Revenue (ttm)	368.9M
Net income (ttm)	144.8M
EPS (ttm)	CA$0.93
Shares out	155.2M
P/E (trailing)	33.3x
P/E (forward)	25.1x
Dividend	CA$1.40 (4.51%)
Volume	211,795
Beta	0.61

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 368.9M
Net income (ttm): 144.8M
EPS (ttm): CA$0.93
P/E (trailing): 33.3x
P/E (forward): 25.1x
Market cap: 4.8B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 19:55 UTC

Forward P/E25.1

P25 n/aP50 n/aP75 n/a

Trailing P/E33.3

P25 n/aP50 n/aP75 n/a

ROE10.5

P25 n/aP50 n/aP75 n/a

ROIC8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/TPZ indicators

Market & fundamental data

Available fields

252

Groups with data

Currency

CAD

Showing 252 of 252 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-02
Employees	13
Employees change	5
Employees growth	62.5%
Enterprise value	CAD 5.4B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2006
Industry	Oil & Gas Midstream
Is primary listing	Yes
ISIN number	CA89055A2039
Last earnings date	2026-07-27
Last refreshed	2026-10-29
Market cap	CAD 4.8B
Next earnings date	2026-11-02
Price	CAD 31.03
Price currency	CAD
Sector	Energy
SIC code	6792
Stock price date	2026-10-29
Symbol	tsx/TPZ
Website	https://www.topazenergy.ca

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	36.51x
Average P/E ratio (3Y)	45.25x
Average P/E ratio (5Y)	50.61x
Earnings yield	3%
EV/Earnings	36.96x
EV/EBIT	24.7x
EV/EBITDA	15.22x
EV/FCF	27.89x
EV/Sales	14.5x
FCF / EV yield	3.59%
FCF yield	3.99%
Forward P/E	25.09x
Graham number	14.26892
Graham upside	-53.94%
Industry forward P/E	22.45x
Industry P/E	26.78x
Lynch fair value	CAD 23.26
Lynch upside	-24.91%
P/(FCF - SBC) ratio	26.04x
P/(OCF - SBC) ratio	15.31x
P/B ratio	3.19x
P/E ratio	33.35x
P/FCF ratio	25.06x
P/OCF ratio	14.96x
P/S ratio	13.03x
Price / tangible book value	3.19x
Price/EBITDA ratio	13.67x
Sector forward P/E	13.99x
Sector P/E	21.91x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	58.71%
EBITDA margin	95.29%
Effective tax rate	24.32%
FCF margin	52%
Gross margin	98.32%
Operating margin	58.71%
Pretax margin	51.85%
Profit margin	39.24%
Profit per employee	CAD 11.1M
Profitable quarters	23
Profitable years	7
Revenue per employee	CAD 28.4M
ROA	6.68%
ROA (5Y)	4.3%
ROCE	9.87%
ROE	10.49%
ROE (5Y)	5.84%
ROIC	8.01%
ROIC (5Y)	5.35%
SBC / revenue	1.97%
Tax / revenue	12.61%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-7.7%
EPS growth (Q)	22.77%
EPS growth (QoQ)	54.1%
EPS growth 3Y	34.6%
EPS growth 5Y	56.02%
EPS growth quarters	3
EPS growth years	1
FCF growth (Q)	-6.31%
FCF growth (QoQ)	-37.4%
Gross profit growth	12.88%
Gross profit growth (Q)	38.42%
Gross profit growth 3Y	4.07%
Gross profit growth 5Y	22.51%
Net income growth	-4.88%
Net income growth (Q)	23.6%
Net income growth (QoQ)	54.18%
Net income growth 3Y	37.47%
Net income growth 5Y	65.33%
Net income growth quarters	3
Net income growth years	1
OCF growth	7.92%
OCF growth (Q)	12.14%
OCF growth (QoQ)	8.54%
OCF growth 3Y	-0.71%
OCF growth 5Y	23.47%
Operating income growth	-5.06%
Operating income growth (Q)	20.9%
Operating income growth 3Y	29.16%
Operating income growth 5Y	70.48%
Revenue growth	12.1%
Revenue growth (Q)	36.98%
Revenue growth (QoQ)	17.6%
Revenue growth 3Y	3.77%
Revenue growth 5Y	22.12%
Revenue growth quarters	3
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -129.4M
Depreciation and amortization	CAD 135M
EBIT	CAD 216.6M
EBITDA	CAD 351.6M
EPS	CAD 0.93
FCF per share	CAD 1.24
Financing cash flow	CAD -190.8M
Free cash flow	CAD 191.8M
Free cash flow minus SBC	CAD 184.6M
Gross profit	CAD 362.7M
Income taxes	CAD 46.5M
Investing cash flow	CAD -129.5M
Net borrowing	CAD 20M
Net cash flow	CAD 927,000
Net income	CAD 144.8M
Operating cash flow minus SBC	CAD 313.9M
Operating income	CAD 216.6M
Revenue	CAD 368.9M
Stock-based compensation	CAD 7.3M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.99
Book value per share	CAD 9.72
Debt / EBITDA	1.55
Debt / equity	0.36
Debt / FCF	2.84
Interest coverage	8.57
Long-term assets	CAD 2.1B
Long-term liabilities	CAD 688.8M
Net cash (debt)	CAD -544.2M
Net cash / market cap	-11.32%
Net debt / EBITDA	1.55
Net debt / equity	0.36
Net debt / FCF	2.84
Piotroski F-Score	5
Property, plant and equipment	CAD 2.1B
Shareholders' equity	CAD 1.5B
Tangible book value	CAD 1.5B
Tangible book value per share	CAD 9.72
Total assets	CAD 2.2B
Total cash	CAD 1.2M
Total debt	CAD 545.4M
Total liabilities	CAD 710.8M
WACC	7.17%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.18
Current assets	CAD 76.6M
Current liabilities	CAD 22M
Current ratio	3.48
Net working capital	CAD 53.4M
Quick ratio	3.08
Working capital	CAD 54.6M
Working capital turnover	7.01

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-2.14%
Dividend growth	2.99%
Dividend growth (3Y)	4.48%
Dividend growth (5Y)	11.24%
Dividend growth years	5
Dividend payment date	2026-09-29
Dividend payment years	7
Dividend payout frequency	Quarterly
Dividend per share	CAD 1.40
Dividend yield	4.51%
Ex-dividend date	2026-09-15
FCF payout ratio	113.23%
Last dividend	CAD 0.35
Payout ratio	146.01%
Shareholder yield	2.38%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	CAD 31.01
1D price change	0.16%
1M price change	7.59%
1M total return	7.59%
1W price change	2%
1W total return	2%
1Y price change	24.94%
1Y return CAGR	30.73%
1Y total return	30.71%
20-day SMA	CAD 29.75
200-day SMA	CAD 30.71
3M price change	-1.55%
3M total return	-0.43%
3Y price change	47.48%
3Y return CAGR	19.92%
3Y total return	72.48%
50-day SMA	CAD 30.43
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 33.91
52-week high date	2026-05-21
52-week low	CAD 24.52
52-week low date	2025-11-04
5Y price change	75.68%
5Y return CAGR	18.04%
5Y total return	129.18%
6M price change	1.6%
6M total return	3.88%
All-time high	CAD 33.91
All-time high date	2026-05-19
All-time low	CAD 12.82
All-time low date	2020-10-20
Average true range (ATR)	CAD 0.58
Average volume	628.8K
Beta (1Y)	-0.24
Beta (2Y)	0.39
Beta (5Y)	0.61
Change from 52-week high	-8.49%
Change from 52-week low	26.55%
Change from all-time high	-8.4%
Change from all-time low	142.28%
Change from open	0.23%
Day's gap	-0.06%
Dollar volume	CAD 6.6M
High price	CAD 31.14
Low price	CAD 30.76
Monthly RSI	59.27
Open price	CAD 30.96
Position in 52-week range	71.05%
Previous close	CAD 30.98
Price vs 150-day SMA	0.15%
Price vs 20-day SMA	4.39%
Price vs 200-day SMA	1.14%
Price vs 50-day SMA	2.07%
Relative volume	0.34
RSI	63.48
Sharpe ratio	1.17
Sharpe ratio (3Y)	0.77
Sharpe ratio (5Y)	0.64
Sortino ratio	1.96
Sortino ratio (3Y)	1.36
Sortino ratio (5Y)	1.16
Volume	211.8K
Weekly RSI	53.14
YTD price change	12.78%
YTD total return	16.57%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	128.3M
Shares change (QoQ)	0.1%
Shares change (YoY)	2.14%
Shares held by insiders	1.99%
Shares held by institutions	45.13%
Shares outstanding	155.2M
Short % of float	1.43%
Short % of shares	0.92%

Deeper analysis on TSX/TPZ

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/TPZ report

Is a complete TSX/TPZ research report available?

No complete published report is available for tsx/TPZ (TSX/TPZ) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/TPZ (TSX/TPZ)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/TPZ

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/TPZ indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/TPZ

Frequently asked questions