LIBERTY ENERGY INC (LBRT)
US53115L1044 - Common Stock
Taking everything into account, LBRT scores 5 out of 10 in our fundamental rating. LBRT was compared to 65 industry peers in the Energy Equipment & Services industry. While LBRT has a great profitability rating, there are some minor concerns on its financial health. LBRT is valued quite cheap, but it does not seem to be growing. This makes LBRT very considerable for value investing!
1. Profitability
1.1 Basic Checks
LBRT had positive earnings in the past year.
LBRT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LBRT reported negative net income in multiple years.
In the past 5 years LBRT always reported a positive cash flow from operatings.
1.2 Ratios
LBRT has a Return On Assets of 15.35%. This is amongst the best in the industry. LBRT outperforms 93.85% of its industry peers.
With an excellent Return On Equity value of 25.24%, LBRT belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
LBRT has a better Return On Invested Capital (20.01%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.35% | ||
| ROE | 25.24% | ||
| ROIC | 20.01% |
ROA(3y)8.36%
ROA(5y)4.4%
ROE(3y)14.06%
ROE(5y)7.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LBRT has a Profit Margin of 10.43%. This is in the better half of the industry: LBRT outperforms 76.92% of its industry peers.
In the last couple of years the Profit Margin of LBRT has grown nicely.
LBRT has a better Operating Margin (14.12%) than 70.77% of its industry peers.
In the last couple of years the Operating Margin of LBRT has grown nicely.
LBRT's Gross Margin of 28.85% is in line compared to the rest of the industry. LBRT outperforms 55.38% of its industry peers.
In the last couple of years the Gross Margin of LBRT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.12% | ||
| PM (TTM) | 10.43% | ||
| GM | 28.85% |
OM growth 3YN/A
OM growth 5Y2.56%
PM growth 3YN/A
PM growth 5Y14.86%
GM growth 3Y37.72%
GM growth 5Y3.82%
2. Health
2.1 Basic Checks
LBRT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
LBRT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for LBRT has been increased compared to 5 years ago.
Compared to 1 year ago, LBRT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.62 indicates that LBRT is not in any danger for bankruptcy at the moment.
LBRT's Altman-Z score of 4.62 is amongst the best of the industry. LBRT outperforms 90.77% of its industry peers.
LBRT has a debt to FCF ratio of 1.01. This is a very positive value and a sign of high solvency as it would only need 1.01 years to pay back of all of its debts.
LBRT has a better Debt to FCF ratio (1.01) than 87.69% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that LBRT is not too dependend on debt financing.
LBRT's Debt to Equity ratio of 0.17 is fine compared to the rest of the industry. LBRT outperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 4.62 |
ROIC/WACC2.21
WACC9.06%
2.3 Liquidity
A Current Ratio of 1.48 indicates that LBRT should not have too much problems paying its short term obligations.
LBRT's Current ratio of 1.48 is on the low side compared to the rest of the industry. LBRT is outperformed by 70.77% of its industry peers.
A Quick Ratio of 1.16 indicates that LBRT should not have too much problems paying its short term obligations.
LBRT has a worse Quick ratio (1.16) than 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for LBRT have decreased strongly by -20.59% in the last year.
Measured over the past years, LBRT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.33% on average per year.
Looking at the last year, LBRT shows a decrease in Revenue. The Revenue has decreased by -1.29% in the last year.
Measured over the past years, LBRT shows a quite strong growth in Revenue. The Revenue has been growing by 17.11% on average per year.
EPS 1Y (TTM)-20.59%
EPS 3YN/A
EPS 5Y11.33%
EPS Q2Q%-47.78%
Revenue 1Y (TTM)-1.29%
Revenue growth 3Y70.04%
Revenue growth 5Y17.11%
Sales Q2Q%-14.97%
3.2 Future
LBRT is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -9.77% yearly.
The Revenue is expected to decrease by -0.74% on average over the next years.
EPS Next Y-18.28%
EPS Next 2Y1.43%
EPS Next 3Y5.01%
EPS Next 5Y-9.77%
Revenue Next Year-1.57%
Revenue Next 2Y2.55%
Revenue Next 3Y2.18%
Revenue Next 5Y-0.74%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.14, the valuation of LBRT can be described as reasonable.
Based on the Price/Earnings ratio, LBRT is valued cheaply inside the industry as 90.77% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.05, LBRT is valued rather cheaply.
LBRT is valuated cheaply with a Price/Forward Earnings ratio of 7.67.
Based on the Price/Forward Earnings ratio, LBRT is valued cheaply inside the industry as 90.77% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.07, LBRT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 7.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LBRT is valued cheaply inside the industry as 87.69% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LBRT is valued a bit cheaper than 72.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.59 | ||
| EV/EBITDA | 3.95 |
4.3 Compensation for Growth
LBRT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.81
EPS Next 2Y1.43%
EPS Next 3Y5.01%
5. Dividend
5.1 Amount
LBRT has a Yearly Dividend Yield of 1.17%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.10, LBRT pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.17, LBRT pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of LBRT is nicely growing with an annual growth rate of 29.67%!
LBRT has been paying a dividend for over 5 years, so it has already some track record.
The dividend of LBRT decreased recently.
Dividend Growth(5Y)29.67%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
8.52% of the earnings are spent on dividend by LBRT. This is a low number and sustainable payout ratio.
DP8.52%
EPS Next 2Y1.43%
EPS Next 3Y5.01%
LIBERTY ENERGY INC
NYSE:LBRT (5/31/2024, 7:04:00 PM)
After market: 24.7 +0.01 (+0.04%)24.69
+0.77 (+3.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.11B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.14 | ||
| Fwd PE | 7.67 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.35% | ||
| ROE | 25.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.12% | ||
| PM (TTM) | 10.43% | ||
| GM | 28.85% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-20.59%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-18.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.29%
Revenue growth 3Y70.04%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y