# InPlay Oil Corp. (IPO.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Energy / Oil, Gas & Consumable Fuels. Price C$17.73, market value C$490 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). InPlay Oil 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: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.7×**. Enterprise value is 6.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 4.8%** (5-yr avg -10.7%). Free cash flow equals 4.8% of the market value, above its five-year average of -10.7%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 39.5%**. InPlay Oil Corp. keeps 39.5% of revenue after the direct cost of what it sells.
- **Operating margin: 11.2%**. 11.2% of revenue is left after running the business.
- **Net margin: -3.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -2.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 6.6%**. Return on all capital, debt included, is 6.6%.
- **Return on assets: -1.2%**. Each dollar of assets produces -1.2% of profit.

## Growth
- **Revenue growth (1 yr): 63.8%** (3-yr 1.8%/yr, 5-yr 43.1%/yr). Revenue grew 63.8% over the last year, against 43.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -420.0%**. Earnings per share fell 420.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.61**. Debt is 0.61 times equity, moderate leverage.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 1.7×**. Operating profit covers interest 1.7×, thin but manageable.
- **Current ratio: 1.10** (quick 0.90). Current assets cover the next year's liabilities 1.10 times.
- **Altman Z-score: 1.14**. A Z-score of 1.14 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 yield: 6.09%** (C$1.08 per share, trailing). InPlay Oil Corp. yields 6.09%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Shareholder yield: 9.1%**. Dividends plus net buybacks return 9.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 64.0%** (YTD 48.8%, 3-mo 8.0%). The shares are up 64.0% over twelve months including dividends.
- **From 52-week high: -6.5%** (61.2% above the low). Trading 6% 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): -0.01** (volatility 37%). Beta of -0.01 against the S&P/TSX Composite: the shares move much less than the market.

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

Not investment advice.