# Terra Energy Corp. (BNE.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Energy / Oil, Gas & Consumable Fuels. Price C$6.11, market value C$220 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Terra Energy Corp. 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.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.4×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.8×**. Enterprise value is 4.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -7.5%** (5-yr avg 12.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 10.5%**. Terra Energy Corp. keeps 10.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 1.9%**. 1.9% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -7.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -3.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 0.5%**. Return on all capital, debt included, is 0.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.5%**. Each dollar of assets produces -2.5% of profit.

## Growth
- **Revenue growth (1 yr): -22.7%** (3-yr -17.4%/yr, 5-yr 12.2%/yr). Revenue fell 22.7% over the last year, against 12.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -274.1%**. Earnings per share fell 274.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -59.9%/yr**. Free cash flow has compounded at -59.9% a year over three years.

## Financial health
- **Debt to equity: 0.34**. Debt is 0.34 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 0.2×**. Operating profit covers interest only 0.2×: fragile.
- **Current ratio: 0.94** (quick 0.92). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.28**. A Z-score of 1.28 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Terra Energy Corp. does not currently pay a dividend, but it returned 2.3% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: buy** (4 analysts). 4 analysts cover Terra Energy Corp.; the consensus is buy, with an average price target of C$8.81 (+44% 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): 76.6%** (YTD 35.2%, 3-mo -5.3%). The shares are up 76.6% over twelve months including dividends.
- **From 52-week high: -20.0%** (83.5% above the low). Trading 20% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): -0.07** (volatility 42%). Beta of -0.07 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.