# Akita Drilling Ltd. (AKT.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Energy / Oilfield Services & Equipment. Price C$3.66, market value C$210 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Akita Drilling Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 1.67**. A PEG of 1.67 is in the range usually read as fairly priced for its growth.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 8.4×**. Enterprise value is 8.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.8%** (5-yr avg 7.8%). Free cash flow equals 6.8% of the market value, in line with its five-year average of 7.8%. Above 5% is generally attractive.

## Profitability
- **Gross margin: 7.6%**. Akita Drilling Ltd. keeps 7.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -4.1%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 6.9%**. 6.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.6%**. 7.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -3.7%**. Return on all capital, debt included, is -3.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.8%**. Each dollar of assets produces -1.8% of profit.

## Growth
- **Revenue growth (1 yr): 3.9%** (3-yr -0.0%/yr). Revenue grew 3.9% over the last year.
- **EPS growth (1 yr): 6.3%** (3-yr 45.7%/yr). Earnings per share rose 6.3%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 285.8%/yr**. Free cash flow has compounded at 285.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -3.7×**. Operating profit covers interest only -3.7×: fragile.
- **Current ratio: 2.04** (quick 2.04). Current assets cover the next year's liabilities 2.04 times.
- **Altman Z-score: 3.94**. A Z-score of 3.94 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Akita Drilling Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (2 analysts). 2 analysts cover Akita Drilling Ltd.; the consensus is buy, with an average price target of C$4.88 (+33% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 79.1%** (YTD 79.1%, 3-mo 9.1%). The shares are up 79.1% over twelve months including dividends.
- **From 52-week high: -49.5%** (70.2% above the low). Trading 50% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): -0.29** (volatility 105%). Beta of -0.29 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AKT.TO · Page: https://foliofundamentals.com/stocks/akt.to

Not investment advice.