# Gran Tierra Energy Inc. (GTE.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Energy / Oil, Gas & Consumable Fuels. Price C$13.98, market value C$495 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Gran Tierra Energy Inc. 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: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.7×**. The shares trade at 2.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.7×**. Enterprise value is 2.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 75.4%** (5-yr avg 17.3%). Free cash flow equals 75.4% of the market value, above its five-year average of 17.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 36.6%**. Gran Tierra Energy Inc. keeps 36.6% of revenue after the direct cost of what it sells.
- **Operating margin: 15.0%**. 15.0% of revenue is left after running the business.
- **Net margin: -32.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -84.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 9.1%**. Return on all capital, debt included, is 9.1%.
- **Return on assets: -16.1%**. Each dollar of assets produces -16.1% of profit.

## Growth
- **Revenue growth (1 yr): -4.0%** (3-yr -5.7%/yr, 5-yr 20.2%/yr). Revenue fell 4.0% over the last year, against 20.2% a year compounded over five years: growth is slowing.
- **Free-cash-flow growth (3 yr): -44.4%/yr**. Free cash flow has compounded at -44.4% a year over three years.

## Financial health
- **Debt to equity: 3.17**. Debt is 3.17 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.7×**. It would take 1.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 0.8×**. Operating profit covers interest only 0.8×: fragile.
- **Current ratio: 0.60** (quick 0.44). 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: 0.67**. A Z-score of 0.67 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Gran Tierra Energy Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (6 analysts). 6 analysts cover Gran Tierra Energy Inc.; the consensus is buy, with an average price target of C$13.91 (-1% 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): 151.0%** (YTD 138.6%, 3-mo 31.6%). The shares are up 151.0% over twelve months including dividends.
- **From 52-week high: -13.5%** (222.9% above the low). Trading 13% 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): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): 0.33** (volatility 78%). Beta of 0.33 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.