Headwater Exploration Inc. Logo

Headwater Exploration Inc.

CDDRF

(3.2)
Stock Price

4,81 USD

20.68% ROA

30.08% ROE

8.29x PER

Market Cap.

1.550.579.221,63 USD

1.6% DER

6.21% Yield

36.53% NPM

Headwater Exploration Inc. Stock Analysis

Headwater Exploration Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Headwater Exploration Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (24.28%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (60), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.05x) suggests it's overvalued, potentially making it an expensive investment.

10 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Headwater Exploration Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Headwater Exploration Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Headwater Exploration Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Headwater Exploration Inc. Revenue
Year Revenue Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 88.801 100%
2003 790.338 88.76%
2004 3.110.835 74.59%
2005 4.584.000 32.14%
2006 1.693.000 -170.76%
2007 33.347.000 94.92%
2008 81.509.000 59.09%
2009 48.989.000 -66.38%
2010 29.558.000 -65.74%
2011 23.993.000 -23.19%
2012 14.795.000 -62.17%
2013 21.619.000 31.56%
2014 23.253.000 7.03%
2015 15.876.000 -46.47%
2016 13.541.000 -17.24%
2017 7.674.000 -76.45%
2018 16.944.000 54.71%
2019 9.333.000 -81.55%
2020 9.499.000 1.75%
2021 190.940.000 95.03%
2022 458.379.000 58.34%
2023 598.528.000 23.42%
2023 425.548.000 -40.65%
2024 538.512.000 20.98%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Headwater Exploration Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Headwater Exploration Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 5.713.000 100%
2010 6.872.000 16.87%
2011 6.193.000 -10.96%
2012 8.517.000 27.29%
2013 6.846.000 -24.41%
2014 7.389.000 7.35%
2015 7.255.000 -1.85%
2016 6.660.000 -8.93%
2017 3.476.000 -91.6%
2018 3.055.000 -13.78%
2019 3.339.000 8.51%
2020 5.427.000 38.47%
2021 38.485.000 85.9%
2022 58.959.000 34.73%
2023 15.976.000 -269.05%
2023 14.915.000 -7.11%
2024 19.028.000 21.62%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Headwater Exploration Inc. EBITDA
Year EBITDA Growth
1996 -170.938
1997 -154.206 -10.85%
1998 -353.968 56.44%
1999 -397.557 10.96%
2000 -315.601 -25.97%
2001 1.991.348 115.85%
2002 3.235.214 38.45%
2003 1.999.728 -61.78%
2004 2.475.704 19.23%
2005 2.790.000 11.27%
2006 -45.000 6300%
2007 19.290.000 100.23%
2008 54.636.000 64.69%
2009 27.126.000 -101.42%
2010 11.773.000 -130.41%
2011 7.747.000 -51.97%
2012 3.183.000 -143.39%
2013 10.708.000 70.27%
2014 11.541.000 7.22%
2015 5.847.000 -97.38%
2016 4.186.000 -39.68%
2017 1.498.000 -179.44%
2018 11.533.000 87.01%
2019 4.081.000 -182.6%
2020 -2.309.000 276.74%
2021 114.326.000 102.02%
2022 290.288.000 60.62%
2023 374.224.000 22.43%
2023 299.799.000 -24.82%
2024 398.692.000 24.8%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Headwater Exploration Inc. Gross Profit
Year Gross Profit Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 88.801 100%
2003 698.029 87.28%
2004 2.848.948 75.5%
2005 3.932.000 27.54%
2006 1.432.000 -174.58%
2007 25.393.000 94.36%
2008 61.414.000 58.65%
2009 33.008.000 -86.06%
2010 18.483.000 -78.59%
2011 13.846.000 -33.49%
2012 501.000 -2663.67%
2013 8.886.000 94.36%
2014 9.753.000 8.89%
2015 7.899.000 -23.47%
2016 5.699.000 -38.6%
2017 2.112.000 -169.84%
2018 8.828.000 76.08%
2019 1.730.000 -410.29%
2020 49.000 -3430.61%
2021 108.101.000 99.95%
2022 265.996.000 59.36%
2023 319.908.000 16.85%
2023 193.334.000 -65.47%
2024 292.464.000 33.89%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Headwater Exploration Inc. Net Profit
Year Net Profit Growth
1996 -154.095
1997 -141.820 -8.66%
1998 -325.622 56.45%
1999 -316.241 -2.97%
2000 -4.099.410 92.29%
2001 -770.149 -432.29%
2002 -2.299.746 66.51%
2003 -1.007.276 -128.31%
2004 786.309 228.1%
2005 1.120.000 29.79%
2006 -268.000 517.91%
2007 4.049.000 106.62%
2008 22.151.000 81.72%
2009 1.667.000 -1228.79%
2010 -8.605.000 119.37%
2011 -79.585.000 89.19%
2012 -47.889.000 -66.19%
2013 22.449.000 313.32%
2014 -17.706.000 226.79%
2015 -31.879.000 44.46%
2016 -29.291.000 -8.84%
2017 17.739.000 265.12%
2018 -314.000 5749.36%
2019 2.815.000 111.15%
2020 6.707.000 58.03%
2021 45.828.000 85.36%
2022 162.109.000 71.73%
2023 198.708.000 18.42%
2023 156.072.000 -27.32%
2024 215.472.000 27.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Headwater Exploration Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 -1 0%
2012 -1 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 1 0%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Headwater Exploration Inc. Free Cashflow
Year Free Cashflow Growth
1995 28.193
1996 -205.822 113.7%
1997 307.188 167%
1998 -3.262.664 109.42%
1999 -3.330.927 2.05%
2000 -2.280.777 -46.04%
2001 -8.809.377 74.11%
2002 -4.712.443 -86.94%
2003 320.955 1568.26%
2004 1.456.555 77.96%
2005 -11.113.000 113.11%
2006 -29.410.000 62.21%
2007 -97.768.000 69.92%
2008 -26.952.000 -262.75%
2009 -5.648.000 -377.2%
2010 -7.694.000 26.59%
2011 1.679.000 558.25%
2012 5.057.000 66.8%
2013 8.608.000 41.25%
2014 -6.389.000 234.73%
2015 7.398.000 186.36%
2016 3.159.000 -134.19%
2017 976.000 -223.67%
2018 9.616.000 89.85%
2019 8.176.000 -17.61%
2020 -34.828.000 123.48%
2021 -28.733.000 -21.21%
2022 35.002.000 182.09%
2023 15.360.000 -127.88%
2023 63.246.000 75.71%
2024 39.685.000 -59.37%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Headwater Exploration Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 28.193
1996 -205.822 113.7%
1997 336.349 161.19%
1998 372.769 9.77%
1999 -1.447.173 125.76%
2000 -487.966 -196.57%
2001 -1.118.309 56.37%
2002 322.156 447.13%
2003 342.516 5.94%
2004 1.472.794 76.74%
2005 2.043.000 27.91%
2006 529.000 -286.2%
2007 15.380.000 96.56%
2008 52.783.000 70.86%
2009 32.713.000 -61.35%
2010 14.175.000 -130.78%
2011 10.630.000 -33.35%
2012 5.258.000 -102.17%
2013 9.682.000 45.69%
2014 12.805.000 24.39%
2015 7.797.000 -64.23%
2016 3.579.000 -117.85%
2017 1.077.000 -232.31%
2018 11.870.000 90.93%
2019 8.861.000 -33.96%
2020 230.000 -3752.61%
2021 111.656.000 99.79%
2022 283.925.000 60.67%
2023 85.568.000 -231.81%
2023 303.316.000 71.79%
2024 90.402.000 -235.52%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Headwater Exploration Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 0
1996 0 0%
1997 29.161 100%
1998 3.635.433 99.2%
1999 1.883.754 -92.99%
2000 1.792.811 -5.07%
2001 7.691.068 76.69%
2002 5.034.599 -52.76%
2003 21.561 -23250.49%
2004 16.239 -32.77%
2005 13.156.000 99.88%
2006 29.939.000 56.06%
2007 113.148.000 73.54%
2008 79.735.000 -41.91%
2009 38.361.000 -107.85%
2010 21.869.000 -75.41%
2011 8.951.000 -144.32%
2012 201.000 -4353.23%
2013 1.074.000 81.28%
2014 19.194.000 94.4%
2015 399.000 -4710.53%
2016 420.000 5%
2017 101.000 -315.84%
2018 2.254.000 95.52%
2019 685.000 -229.05%
2020 35.058.000 98.05%
2021 140.389.000 75.03%
2022 248.923.000 43.6%
2023 70.208.000 -254.55%
2023 240.070.000 70.76%
2024 50.717.000 -373.35%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Headwater Exploration Inc. Equity
Year Equity Growth
1995 75.406
1996 1.449.961 94.8%
1997 4.562.891 68.22%
1998 7.724.143 40.93%
1999 7.814.301 1.15%
2000 3.709.678 -110.65%
2001 14.441.742 74.31%
2002 12.571.344 -14.88%
2003 12.420.738 -1.21%
2004 16.934.516 26.65%
2005 58.034.000 70.82%
2006 131.470.000 55.86%
2007 200.423.000 34.4%
2008 271.681.000 26.23%
2009 270.018.000 -0.62%
2010 263.548.000 -2.45%
2011 195.136.000 -35.06%
2012 148.801.000 -31.14%
2013 171.399.000 13.18%
2014 154.270.000 -11.1%
2015 122.818.000 -25.61%
2016 93.804.000 -30.93%
2017 111.741.000 16.05%
2018 111.700.000 -0.04%
2019 114.310.000 2.28%
2020 269.030.000 57.51%
2021 397.791.000 32.37%
2022 543.335.000 26.79%
2023 610.498.000 11%
2023 587.380.000 -3.94%
2024 658.448.000 10.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Headwater Exploration Inc. Assets
Year Assets Growth
1995 103.999
1996 1.482.296 92.98%
1997 5.279.792 71.93%
1998 9.037.883 41.58%
1999 8.237.238 -9.72%
2000 3.846.423 -114.15%
2001 16.431.826 76.59%
2002 17.242.133 4.7%
2003 17.355.512 0.65%
2004 22.725.180 23.63%
2005 66.980.000 66.07%
2006 151.623.000 55.82%
2007 240.187.000 36.87%
2008 321.398.000 25.27%
2009 300.605.000 -6.92%
2010 289.748.000 -3.75%
2011 204.017.000 -42.02%
2012 157.978.000 -29.14%
2013 181.262.000 12.85%
2014 166.267.000 -9.02%
2015 133.066.000 -24.95%
2016 104.618.000 -27.19%
2017 124.360.000 15.87%
2018 125.301.000 0.75%
2019 128.271.000 2.32%
2020 300.685.000 57.34%
2021 488.807.000 38.49%
2022 734.742.000 33.47%
2023 836.335.000 12.15%
2023 819.617.000 -2.04%
2024 902.306.000 9.16%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Headwater Exploration Inc. Liabilities
Year Liabilities Growth
1995 0
1996 0 0%
1997 716.901 100%
1998 1.313.740 45.43%
1999 422.937 -210.62%
2000 136.745 -209.29%
2001 1.990.084 93.13%
2002 4.670.789 57.39%
2003 4.934.774 5.35%
2004 5.790.664 14.78%
2005 8.946.000 35.27%
2006 20.153.000 55.61%
2007 39.764.000 49.32%
2008 49.717.000 20.02%
2009 30.587.000 -62.54%
2010 26.200.000 -16.74%
2011 8.881.000 -195.01%
2012 9.177.000 3.23%
2013 9.863.000 6.96%
2014 11.997.000 17.79%
2015 10.248.000 -17.07%
2016 10.814.000 5.23%
2017 12.619.000 14.3%
2018 13.601.000 7.22%
2019 13.961.000 2.58%
2020 31.655.000 55.9%
2021 91.016.000 65.22%
2022 191.407.000 52.45%
2023 225.837.000 15.25%
2023 232.237.000 2.76%
2024 243.858.000 4.77%

Headwater Exploration Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.15
Net Income per Share
0.79
Price to Earning Ratio
8.29x
Price To Sales Ratio
3.03x
POCF Ratio
4.81
PFCF Ratio
15.62
Price to Book Ratio
2.35
EV to Sales
2.81
EV Over EBITDA
4.07
EV to Operating CashFlow
4.46
EV to FreeCashFlow
14.44
Earnings Yield
0.12
FreeCashFlow Yield
0.06
Market Cap
1,55 Bil.
Enterprise Value
1,43 Bil.
Graham Number
7.01
Graham NetNet
-0.24

Income Statement Metrics

Net Income per Share
0.79
Income Quality
1.72
ROE
0.3
Return On Assets
0.21
Return On Capital Employed
0.3
Net Income per EBT
0.77
EBT Per Ebit
1.07
Ebit per Revenue
0.45
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.51
Operating Profit Margin
0.45
Pretax Profit Margin
0.48
Net Profit Margin
0.37

Dividends

Dividend Yield
0.06
Dividend Yield %
6.21
Payout Ratio
0.51
Dividend Per Share
0.3

Operating Metrics

Operating Cashflow per Share
1.36
Free CashFlow per Share
0.42
Capex to Operating CashFlow
0.69
Capex to Revenue
0.44
Capex to Depreciation
1.88
Return on Invested Capital
0.26
Return on Tangible Assets
0.21
Days Sales Outstanding
54.35
Days Payables Outstanding
138.22
Days of Inventory on Hand
1.19
Receivables Turnover
6.72
Payables Turnover
2.64
Inventory Turnover
307.64
Capex per Share
0.94

Balance Sheet

Cash per Share
0,54
Book Value per Share
2,78
Tangible Book Value per Share
2.78
Shareholders Equity per Share
2.78
Interest Debt per Share
0.05
Debt to Equity
0.02
Debt to Assets
0.01
Net Debt to EBITDA
-0.33
Current Ratio
1.53
Tangible Asset Value
0,66 Bil.
Net Current Asset Value
-0,04 Bil.
Invested Capital
735060000
Working Capital
0,07 Bil.
Intangibles to Total Assets
0
Average Receivables
0,07 Bil.
Average Payables
0,10 Bil.
Average Inventory
908500
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Headwater Exploration Inc. Dividends
Year Dividends Growth
2022 0
2023 0 0%
2024 0 0%

Headwater Exploration Inc. Profile

About Headwater Exploration Inc.

Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. is headquartered in Calgary, Canada.

CEO
Mr. Jason Jowill Jaskela P.Eng
Employee
35
Address
500 – 4th Avenue SW
Calgary, T2P 2V6

Headwater Exploration Inc. Executives & BODs

Headwater Exploration Inc. Executives & BODs
# Name Age
1 Mr. Edward Brown LLB
Corporate Secretary
70
2 Ms. Georgia Little C.A., CPA
Interim Chief Financial Officer & Vice President of Finance
70
3 Mr. Dieter Deines P.Geo.
Vice President of Exploration
70
4 Mr. Jason Jowill Jaskela P.Eng.
Chief Executive Officer, President & Director
70
5 Ms. Alexandra Horvath C.A., CPA
Vice President of Finance & Chief Financial Officer (Leave of Absence)
70
6 Mr. Neil Jack Roszell P.Eng.
Executive Chairman
70
7 Brad Christman
Chief Operating Officer
70
8 Andrea Anita Creemer
Exploitation Engineer
70

Headwater Exploration Inc. Competitors