ANTERO MIDSTREAM CORP (AM) Stock Fundamental Analysis
USA - NYSE:AM - US03676B1026 - Common Stock
17.89 USD
+0.03 (+0.17%)
We assign a fundamental rating of 6 out of 10 to AM. AM was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While AM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AM was profitable.
In the past year AM had a positive cash flow from operations.
AM had positive earnings in 4 of the past 5 years.
Each year in the past 5 years AM had a positive operating cash flow.
1.2 Ratios
AM's Return On Assets of 8.25% is amongst the best of the industry. AM outperforms 82.38% of its industry peers.
With an excellent Return On Equity value of 22.85%, AM belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
AM has a Return On Invested Capital of 9.47%. This is amongst the best in the industry. AM outperforms 80.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AM is significantly below the industry average of 21.67%.
The last Return On Invested Capital (9.47%) for AM is above the 3 year average (7.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.25% | ||
| ROE | 22.85% | ||
| ROIC | 9.47% |
ROA(3y)6.35%
ROA(5y)4.56%
ROE(3y)17.01%
ROE(5y)12.08%
ROIC(3y)7.9%
ROIC(5y)7.76%
1.3 Margins
Looking at the Profit Margin, with a value of 40.03%, AM belongs to the top of the industry, outperforming 92.38% of the companies in the same industry.
In the last couple of years the Profit Margin of AM has remained more or less at the same level.
The Operating Margin of AM (61.30%) is better than 93.33% of its industry peers.
AM's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 61.3% | ||
| PM (TTM) | 40.03% | ||
| GM | N/A |
OM growth 3Y-1.68%
OM growth 5Y4.95%
PM growth 3Y-0.61%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AM remains at a similar level compared to 1 year ago.
The number of shares outstanding for AM has been reduced compared to 5 years ago.
AM has a better debt/assets ratio than last year.
2.2 Solvency
AM has an Altman-Z score of 2.05. This is not the best score and indicates that AM is in the grey zone with still only limited risk for bankruptcy at the moment.
AM's Altman-Z score of 2.05 is fine compared to the rest of the industry. AM outperforms 67.14% of its industry peers.
The Debt to FCF ratio of AM is 3.97, which is a good value as it means it would take AM, 3.97 years of fcf income to pay off all of its debts.
AM has a Debt to FCF ratio of 3.97. This is in the better half of the industry: AM outperforms 69.52% of its industry peers.
A Debt/Equity ratio of 1.46 is on the high side and indicates that AM has dependencies on debt financing.
AM has a worse Debt to Equity ratio (1.46) than 74.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 2.05 |
ROIC/WACC1.14
WACC8.27%
2.3 Liquidity
A Current Ratio of 1.26 indicates that AM should not have too much problems paying its short term obligations.
The Current ratio of AM (1.26) is comparable to the rest of the industry.
A Quick Ratio of 1.26 indicates that AM should not have too much problems paying its short term obligations.
The Quick ratio of AM (1.26) is better than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.99% over the past year.
The Earnings Per Share has been growing slightly by 3.44% on average over the past years.
AM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.27%.
AM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.89% yearly.
EPS 1Y (TTM)20.99%
EPS 3Y3.44%
EPS 5YN/A
EPS Q2Q%14.29%
Revenue 1Y (TTM)9.27%
Revenue growth 3Y7.19%
Revenue growth 5Y6.89%
Sales Q2Q%9.25%
3.2 Future
AM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.73% yearly.
AM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.79% yearly.
EPS Next Y24.37%
EPS Next 2Y20.15%
EPS Next 3Y15.73%
EPS Next 5YN/A
Revenue Next Year8.46%
Revenue Next 2Y5.74%
Revenue Next 3Y4.79%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 18.26, the valuation of AM can be described as rather expensive.
AM's Price/Earnings is on the same level as the industry average.
AM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.46.
The Price/Forward Earnings ratio is 14.93, which indicates a correct valuation of AM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AM is on the same level as its industry peers.
AM is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AM indicates a slightly more expensive valuation: AM is more expensive than 61.43% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AM indicates a somewhat cheap valuation: AM is cheaper than 73.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.3 | ||
| EV/EBITDA | 12.47 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AM's earnings are expected to grow with 15.73% in the coming years.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y20.15%
EPS Next 3Y15.73%
5. Dividend
5.1 Amount
AM has a Yearly Dividend Yield of 5.02%, which is a nice return.
Compared to an average industry Dividend Yield of 5.90, AM pays a bit more dividend than its industry peers.
AM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
5.2 History
The dividend of AM decreases each year by -9.20%.
AM has been paying a dividend for at least 10 years, so it has a reliable track record.
AM has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.2%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
93.40% of the earnings are spent on dividend by AM. This is not a sustainable payout ratio.
DP93.4%
EPS Next 2Y20.15%
EPS Next 3Y15.73%
NYSE:AM (11/19/2025, 2:58:14 PM)
17.89
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners58.85%
Inst Owner Change-0.57%
Ins Owners1.36%
Ins Owner Change-0.25%
Market Cap8.56B
Revenue(TTM)1.18B
Net Income(TTM)471.87M
Analysts46.25
Price Target18.79 (5.03%)
Short Float %2.74%
Short Ratio3.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
Yearly Dividend0.91
Dividend Growth(5Y)-9.2%
DP93.4%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.61%
Min EPS beat(2)-8.88%
Max EPS beat(2)-0.34%
EPS beat(4)1
Avg EPS beat(4)-2.97%
Min EPS beat(4)-8.88%
Max EPS beat(4)1.8%
EPS beat(8)1
Avg EPS beat(8)-7.15%
EPS beat(12)1
Avg EPS beat(12)-8.14%
EPS beat(16)1
Avg EPS beat(16)-8.79%
Revenue beat(2)1
Avg Revenue beat(2)0.31%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)1.64%
Revenue beat(4)3
Avg Revenue beat(4)0.87%
Min Revenue beat(4)-1.03%
Max Revenue beat(4)2.2%
Revenue beat(8)3
Avg Revenue beat(8)-0.63%
Revenue beat(12)3
Avg Revenue beat(12)-1.88%
Revenue beat(16)3
Avg Revenue beat(16)-3.23%
PT rev (1m)1.84%
PT rev (3m)6.76%
EPS NQ rev (1m)-0.98%
EPS NQ rev (3m)-2.35%
EPS NY rev (1m)-0.45%
EPS NY rev (3m)2.24%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)-0.36%
Revenue NY rev (1m)1.4%
Revenue NY rev (3m)2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 14.93 | ||
| P/S | 7.26 | ||
| P/FCF | 11.3 | ||
| P/OCF | 9.41 | ||
| P/B | 4.14 | ||
| P/tB | 8.79 | ||
| EV/EBITDA | 12.47 |
EPS(TTM)0.98
EY5.48%
EPS(NY)1.2
Fwd EY6.7%
FCF(TTM)1.58
FCFY8.85%
OCF(TTM)1.9
OCFY10.63%
SpS2.46
BVpS4.32
TBVpS2.03
PEG (NY)0.75
PEG (5Y)N/A
Graham Number9.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.25% | ||
| ROE | 22.85% | ||
| ROCE | 12.84% | ||
| ROIC | 9.47% | ||
| ROICexc | 9.47% | ||
| ROICexgc | 11.75% | ||
| OM | 61.3% | ||
| PM (TTM) | 40.03% | ||
| GM | N/A | ||
| FCFM | 64.29% |
ROA(3y)6.35%
ROA(5y)4.56%
ROE(3y)17.01%
ROE(5y)12.08%
ROIC(3y)7.9%
ROIC(5y)7.76%
ROICexc(3y)7.9%
ROICexc(5y)7.76%
ROICexgc(3y)10.05%
ROICexgc(5y)10.09%
ROCE(3y)10.72%
ROCE(5y)10.53%
ROICexgc growth 3Y1.82%
ROICexgc growth 5Y9.31%
ROICexc growth 3Y3.94%
ROICexc growth 5Y13.65%
OM growth 3Y-1.68%
OM growth 5Y4.95%
PM growth 3Y-0.61%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 74.38% | ||
| Cap/Sales | 12.87% | ||
| Interest Coverage | 3.8 | ||
| Cash Conversion | 98.16% | ||
| Profit Quality | 160.61% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 2.05 |
F-Score8
WACC8.27%
ROIC/WACC1.14
Cap/Depr(3y)152.92%
Cap/Depr(5y)139.62%
Cap/Sales(3y)31.87%
Cap/Sales(5y)28.68%
Profit Quality(3y)122.35%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.99%
EPS 3Y3.44%
EPS 5YN/A
EPS Q2Q%14.29%
EPS Next Y24.37%
EPS Next 2Y20.15%
EPS Next 3Y15.73%
EPS Next 5YN/A
Revenue 1Y (TTM)9.27%
Revenue growth 3Y7.19%
Revenue growth 5Y6.89%
Sales Q2Q%9.25%
Revenue Next Year8.46%
Revenue Next 2Y5.74%
Revenue Next 3Y4.79%
Revenue Next 5YN/A
EBIT growth 1Y13.16%
EBIT growth 3Y5.39%
EBIT growth 5Y12.19%
EBIT Next Year46.42%
EBIT Next 3Y15.66%
EBIT Next 5Y10.56%
FCF growth 1Y129.95%
FCF growth 3Y8.05%
FCF growth 5Y21.27%
OCF growth 1Y23.03%
OCF growth 3Y5.94%
OCF growth 5Y6.28%
ANTERO MIDSTREAM CORP / AM FAQ
What is the ChartMill fundamental rating of ANTERO MIDSTREAM CORP (AM) stock?
ChartMill assigns a fundamental rating of 6 / 10 to AM.
What is the valuation status for AM stock?
ChartMill assigns a valuation rating of 5 / 10 to ANTERO MIDSTREAM CORP (AM). This can be considered as Fairly Valued.
How profitable is ANTERO MIDSTREAM CORP (AM) stock?
ANTERO MIDSTREAM CORP (AM) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for AM stock?
The Price/Earnings (PE) ratio for ANTERO MIDSTREAM CORP (AM) is 18.26 and the Price/Book (PB) ratio is 4.14.
How sustainable is the dividend of ANTERO MIDSTREAM CORP (AM) stock?
The dividend rating of ANTERO MIDSTREAM CORP (AM) is 5 / 10 and the dividend payout ratio is 93.4%.