24.25 USD
+0.46 (+1.93%)
24.15 USD
-0.1 (-0.41%)
ARLP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While ARLP belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ARLP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ARLP was profitable.
ARLP had a positive operating cash flow in the past year.
Of the past 5 years ARLP 4 years were profitable.
ARLP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ARLP has a Return On Assets of 8.35%. This is amongst the best in the industry. ARLP outperforms 85.17% of its industry peers.
With a decent Return On Equity value of 13.39%, ARLP is doing good in the industry, outperforming 74.16% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.96%, ARLP belongs to the top of the industry, outperforming 82.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ARLP is below the industry average of 20.88%.
The last Return On Invested Capital (9.96%) for ARLP is well below the 3 year average (18.03%), which needs to be investigated, but indicates that ARLP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.35% | ||
| ROE | 13.39% | ||
| ROIC | 9.96% |
ROA(3y)18.19%
ROA(5y)11.33%
ROE(3y)28.63%
ROE(5y)17.6%
ROIC(3y)18.03%
ROIC(5y)13.17%
1.3 Margins
ARLP's Profit Margin of 10.79% is fine compared to the rest of the industry. ARLP outperforms 60.29% of its industry peers.
ARLP's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 14.87%, ARLP perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
In the last couple of years the Operating Margin of ARLP has grown nicely.
ARLP has a better Gross Margin (96.27%) than 99.04% of its industry peers.
ARLP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.87% | ||
| PM (TTM) | 10.79% | ||
| GM | 96.27% |
OM growth 3Y7.55%
OM growth 5Y4.41%
PM growth 3Y9.48%
PM growth 5Y-6.57%
GM growth 3Y-0.43%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ARLP is creating value.
ARLP has more shares outstanding than it did 1 year ago.
ARLP has more shares outstanding than it did 5 years ago.
ARLP has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of ARLP is 1.35, which is an excellent value as it means it would take ARLP, only 1.35 years of fcf income to pay off all of its debts.
ARLP has a Debt to FCF ratio of 1.35. This is amongst the best in the industry. ARLP outperforms 87.08% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that ARLP is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.24, ARLP is doing good in the industry, outperforming 67.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.35 | ||
| Altman-Z | N/A |
ROIC/WACC1.13
WACC8.82%
2.3 Liquidity
ARLP has a Current Ratio of 1.90. This is a normal value and indicates that ARLP is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ARLP (1.90) is better than 75.12% of its industry peers.
A Quick Ratio of 1.39 indicates that ARLP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.39, ARLP is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The earnings per share for ARLP have decreased strongly by -43.18% in the last year.
ARLP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.26% yearly.
The Revenue for ARLP has decreased by -28.27% in the past year. This is quite bad
Measured over the past years, ARLP shows a small growth in Revenue. The Revenue has been growing by 4.53% on average per year.
EPS 1Y (TTM)-43.18%
EPS 3Y26.29%
EPS 5Y9.26%
EPS Q2Q%10.61%
Revenue 1Y (TTM)-28.27%
Revenue growth 3Y15.97%
Revenue growth 5Y4.53%
Sales Q2Q%-6.88%
3.2 Future
ARLP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.29% yearly.
The Revenue is expected to grow by 0.61% on average over the next years.
EPS Next Y-14.01%
EPS Next 2Y-1.38%
EPS Next 3Y2.21%
EPS Next 5Y3.29%
Revenue Next Year-11.2%
Revenue Next 2Y-4.17%
Revenue Next 3Y-1.68%
Revenue Next 5Y0.61%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.13, which indicates a correct valuation of ARLP.
Based on the Price/Earnings ratio, ARLP is valued a bit cheaper than the industry average as 70.33% of the companies are valued more expensively.
ARLP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.49.
A Price/Forward Earnings ratio of 8.66 indicates a reasonable valuation of ARLP.
Based on the Price/Forward Earnings ratio, ARLP is valued cheaply inside the industry as 83.25% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, ARLP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.13 | ||
| Fwd PE | 8.66 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than ARLP, based on the Enterprise Value to EBITDA ratio.
81.34% of the companies in the same industry are more expensive than ARLP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 5.61 |
4.3 Compensation for Growth
ARLP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.31
EPS Next 2Y-1.38%
EPS Next 3Y2.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.09%, ARLP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.71, ARLP pays a better dividend. On top of this ARLP pays more dividend than 90.91% of the companies listed in the same industry.
ARLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.09% |
5.2 History
The dividend of ARLP has a limited annual growth rate of 5.46%.
ARLP has been paying a dividend for at least 10 years, so it has a reliable track record.
ARLP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.46%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
144.23% of the earnings are spent on dividend by ARLP. This is not a sustainable payout ratio.
ARLP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP144.23%
EPS Next 2Y-1.38%
EPS Next 3Y2.21%
24.25
+0.46 (+1.93%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners17.36%
Inst Owner Change-2.08%
Ins Owners29.44%
Ins Owner Change0%
Market Cap3.11B
Revenue(TTM)2.25B
Net Income(TTM)242.76M
Analysts82.22
Price Target31.37 (29.36%)
Short Float %1.46%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.09% |
Yearly Dividend2.85
Dividend Growth(5Y)5.46%
DP144.23%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.77%
Min EPS beat(2)-26.07%
Max EPS beat(2)12.53%
EPS beat(4)2
Avg EPS beat(4)-16.8%
Min EPS beat(4)-64.88%
Max EPS beat(4)12.53%
EPS beat(8)3
Avg EPS beat(8)-13.47%
EPS beat(12)6
Avg EPS beat(12)-7.54%
EPS beat(16)7
Avg EPS beat(16)-11.15%
Revenue beat(2)0
Avg Revenue beat(2)-4.23%
Min Revenue beat(2)-7.26%
Max Revenue beat(2)-1.21%
Revenue beat(4)0
Avg Revenue beat(4)-5.3%
Min Revenue beat(4)-8.7%
Max Revenue beat(4)-1.21%
Revenue beat(8)1
Avg Revenue beat(8)-4.97%
Revenue beat(12)1
Avg Revenue beat(12)-4.59%
Revenue beat(16)3
Avg Revenue beat(16)-3.9%
PT rev (1m)2.07%
PT rev (3m)1.93%
EPS NQ rev (1m)-1.74%
EPS NQ rev (3m)3.51%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)5.34%
Revenue NQ rev (1m)0.71%
Revenue NQ rev (3m)-5.65%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)-1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.13 | ||
| Fwd PE | 8.66 | ||
| P/S | 1.38 | ||
| P/FCF | 9.18 | ||
| P/OCF | 4.61 | ||
| P/B | 1.72 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 5.61 |
EPS(TTM)2
EY8.25%
EPS(NY)2.8
Fwd EY11.55%
FCF(TTM)2.64
FCFY10.89%
OCF(TTM)5.26
OCFY21.7%
SpS17.51
BVpS14.11
TBVpS14.11
PEG (NY)N/A
PEG (5Y)1.31
Graham Number25.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.35% | ||
| ROE | 13.39% | ||
| ROCE | 12.61% | ||
| ROIC | 9.96% | ||
| ROICexc | 10.33% | ||
| ROICexgc | 10.33% | ||
| OM | 14.87% | ||
| PM (TTM) | 10.79% | ||
| GM | 96.27% | ||
| FCFM | 15.08% |
ROA(3y)18.19%
ROA(5y)11.33%
ROE(3y)28.63%
ROE(5y)17.6%
ROIC(3y)18.03%
ROIC(5y)13.17%
ROICexc(3y)19.36%
ROICexc(5y)14.1%
ROICexgc(3y)19.37%
ROICexgc(5y)14.11%
ROCE(3y)22.82%
ROCE(5y)16.67%
ROICexgc growth 3Y12.19%
ROICexgc growth 5Y6.08%
ROICexc growth 3Y12.32%
ROICexc growth 5Y7.45%
OM growth 3Y7.55%
OM growth 5Y4.41%
PM growth 3Y9.48%
PM growth 5Y-6.57%
GM growth 3Y-0.43%
GM growth 5Y0.04%
F-Score5
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.35 | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | 117.85% | ||
| Cap/Sales | 14.96% | ||
| Interest Coverage | 7.19 | ||
| Cash Conversion | 109% | ||
| Profit Quality | 139.75% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | N/A |
F-Score5
WACC8.82%
ROIC/WACC1.13
Cap/Depr(3y)138.02%
Cap/Depr(5y)99.95%
Cap/Sales(3y)15.38%
Cap/Sales(5y)12.62%
Profit Quality(3y)85.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.18%
EPS 3Y26.29%
EPS 5Y9.26%
EPS Q2Q%10.61%
EPS Next Y-14.01%
EPS Next 2Y-1.38%
EPS Next 3Y2.21%
EPS Next 5Y3.29%
Revenue 1Y (TTM)-28.27%
Revenue growth 3Y15.97%
Revenue growth 5Y4.53%
Sales Q2Q%-6.88%
Revenue Next Year-11.2%
Revenue Next 2Y-4.17%
Revenue Next 3Y-1.68%
Revenue Next 5Y0.61%
EBIT growth 1Y-48.92%
EBIT growth 3Y24.72%
EBIT growth 5Y9.14%
EBIT Next Year41.43%
EBIT Next 3Y16.63%
EBIT Next 5Y11.26%
FCF growth 1Y-43.13%
FCF growth 3Y4.98%
FCF growth 5Y10.84%
OCF growth 1Y-30.41%
OCF growth 3Y23.61%
OCF growth 5Y9.3%
ALLIANCE RESOURCE PARTNERS / ARLP FAQ
What is the ChartMill fundamental rating of ALLIANCE RESOURCE PARTNERS (ARLP) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ARLP.
Can you provide the valuation status for ALLIANCE RESOURCE PARTNERS?
ChartMill assigns a valuation rating of 6 / 10 to ALLIANCE RESOURCE PARTNERS (ARLP). This can be considered as Fairly Valued.
Can you provide the profitability details for ALLIANCE RESOURCE PARTNERS?
ALLIANCE RESOURCE PARTNERS (ARLP) has a profitability rating of 7 / 10.
Can you provide the financial health for ARLP stock?
The financial health rating of ALLIANCE RESOURCE PARTNERS (ARLP) is 5 / 10.
Can you provide the expected EPS growth for ARLP stock?
The Earnings per Share (EPS) of ALLIANCE RESOURCE PARTNERS (ARLP) is expected to decline by -14.01% in the next year.