Tenaz Energy (TSX:TNZ) FCF Margin %: -27.27% (As of Mar. 2026)


TSX:TNZ Tenaz Energy Corp TSX:TNZ
85 GF Score
Price C$46.20
GF Value C$63.57
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Tenaz Energy FCF Margin %?

Tenaz Energy TSX:TNZ -0.22% 85 FCF Margin % is -27.27% as of Mar. 2026. GuruFocus rates TSX:TNZ with a GF Score™ of 85/100 and a GF Value™ of C$63.57 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 910 Oil & Gas companies, Tenaz Energy ranks worse than 90.88% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tenaz Energy's Free Cash Flow for the three months ended in Mar. 2026 was C$-36.4 Mil. Tenaz Energy's Revenue for the three months ended in Mar. 2026 was C$133.3 Mil. Therefore, Tenaz Energy's FCF Margin % for the quarter that ended in Mar. 2026 was -27.27%.

As of today, Tenaz Energy's current FCF Yield % is -24.86%.

The historical rank and industry rank for Tenaz Energy's FCF Margin % or its related term are showing as below:

TSX:TNZ' s FCF Margin % Range Over the Past 10 Years
Min: -182.12   Med: -49.81   Max: 0.43
Current: -92.68


During the past 13 years, the highest FCF Margin % of Tenaz Energy was 0.43%. The lowest was -182.12%. And the median was -49.81%.

TSX:TNZ's FCF Margin % is ranked worse than
90.88% of 910 companies
in the Oil & Gas industry
Industry Median: 3.285 vs TSX:TNZ: -92.68


Tenaz Energy FCF Margin % Related Terms


Tenaz Energy FCF Margin % Historical Data

* Premium members only.

The historical data trend for Tenaz Energy's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tenaz Energy FCF Margin % Chart

Tenaz Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.15 -22.75 -14.92 -23.04 -121.52

Tenaz Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -74.22 64.89 22.47 -341.00 -27.27

TSX:TNZ vs COP, EOG, OXY: FCF Margin % Comparison

For the Oil & Gas E&P subindustry, Tenaz Energy's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tenaz Energy FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tenaz Energy's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Tenaz Energy's FCF Margin % falls into.


TSX:TNZ
85GF Score
Tenaz Energy Corp TSX:TNZ
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaz Energy FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Tenaz Energy's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-353.656/291.036
=-121.52 %

Tenaz Energy's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-36.351/133.291
=-27.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -27.27% mean?
Tenaz Energy (TSX:TNZ) has a FCF Margin % of -27.27% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tenaz Energy and its competitors. According to the industry distribution chart, Tenaz Energy ranks #827 out of 910 companies in the Oil & Gas industry, placing it in the top 90.9%.
Is Tenaz Energy's FCF Margin % too high?
Tenaz Energy's current FCF Margin % is -27.27%. Based on the distribution chart, Tenaz Energy ranks #827 out of 910 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tenaz Energy has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenaz Energy's FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tenaz Energy ranks #827 out of 910 companies for FCF Margin %. This places Tenaz Energy in the lower half of its industry. The industry median FCF Margin % is 3.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tenaz Energy and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaz Energy's current FCF Margin % is -27.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Tenaz Energy (TSX:TNZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$63.57, compared to a current price of C$46.20 — trading 27.3% below its estimated fair value. The current FCF Margin % is -27.27%. Tenaz Energy's overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Tenaz Energy (TSX:TNZ), the current FCF Margin % is -27.27% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenaz Energy (TSX:TNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaz Energy stock appears to be undervalued. The current stock price of C$46.20 is trading 27.3% below its estimated GF Value™ of C$63.57. GuruFocus considers Tenaz Energy to be Modestly Undervalued.

Key valuation signals for TSX:TNZ:

  • FCF Margin %: -27.27%
  • GF Value™: C$63.57 vs. price of C$46.20 (27.3% below fair value)
  • GF Score™: 85/100 with 10 warning signs

No single metric tells the full story. See the TSX:TNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenaz Energy Business Description

Industry EnergyOil & Gas
Other Exchanges ATUUF:USA7F4:Germany
Address 605 5th Avenue SW, Suite 700, Calgary, AB, CAN, T2P 3H5
Tenaz Energy Corp is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. Tenaz has domestic operations in Canada along with offshore natural gas and midstream assets in the Netherlands. The group produces crude oil and natural gas from several formations within the Mannville Group at Leduc-Woodbend in central Alberta. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.
85GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$46.20
Price
C$63.57
GF Value