Crestwood Equity Partners LP New (CEQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CEQP - US2263442087
28.26 USD
+1.18 (+4.36%)
28.05 USD
-0.21 (-0.74%)
Taking everything into account, CEQP scores 4 out of 10 in our fundamental rating. CEQP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. CEQP has a bad profitability rating. Also its financial health evaluation is rather negative. CEQP has a decent growth rate and is not valued too expensively. Finally CEQP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CEQP was profitable.
CEQP had a positive operating cash flow in the past year.
In the past 5 years CEQP reported 4 times negative net income.
In the past 5 years CEQP always reported a positive cash flow from operatings.
1.2 Ratios
CEQP has a Return On Assets of 1.63%. This is in the lower half of the industry: CEQP underperforms 74.21% of its industry peers.
With a Return On Equity value of 5.37%, CEQP is not doing good in the industry: 71.49% of the companies in the same industry are doing better.
CEQP has a Return On Invested Capital of 5.34%. This is in the lower half of the industry: CEQP underperforms 71.04% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CEQP is significantly below the industry average of 21.09%.
The last Return On Invested Capital (5.34%) for CEQP is above the 3 year average (4.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 5.37% | ||
| ROIC | 5.34% |
ROA(3y)-1.92%
ROA(5y)-0.36%
ROE(3y)-7.04%
ROE(5y)-2.01%
ROIC(3y)4.49%
ROIC(5y)3.89%
1.3 Margins
CEQP's Profit Margin of 1.96% is on the low side compared to the rest of the industry. CEQP is outperformed by 75.57% of its industry peers.
CEQP's Operating Margin of 7.64% is on the low side compared to the rest of the industry. CEQP is outperformed by 74.66% of its industry peers.
In the last couple of years the Operating Margin of CEQP has grown nicely.
With a Gross Margin value of 20.02%, CEQP is not doing good in the industry: 71.49% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CEQP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.64% | ||
| PM (TTM) | 1.96% | ||
| GM | 20.02% |
OM growth 3Y0.43%
OM growth 5Y24.56%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.82%
GM growth 5Y5.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CEQP is destroying value.
CEQP has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, CEQP has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CEQP is 17.41, which is on the high side as it means it would take CEQP, 17.41 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CEQP (17.41) is worse than 66.06% of its industry peers.
A Debt/Equity ratio of 1.70 is on the high side and indicates that CEQP has dependencies on debt financing.
CEQP has a worse Debt to Equity ratio (1.70) than 80.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.7 | ||
| Debt/FCF | 17.41 | ||
| Altman-Z | N/A |
ROIC/WACC0.65
WACC8.16%
2.3 Liquidity
A Current Ratio of 1.37 indicates that CEQP should not have too much problems paying its short term obligations.
With a Current ratio value of 1.37, CEQP perfoms like the industry average, outperforming 59.73% of the companies in the same industry.
CEQP has a Quick Ratio of 1.10. This is a normal value and indicates that CEQP is financially healthy and should not expect problems in meeting its short term obligations.
CEQP has a Quick ratio (1.10) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 764.29% over the past year.
Looking at the last year, CEQP shows a decrease in Revenue. The Revenue has decreased by -6.83% in the last year.
Measured over the past years, CEQP shows a quite strong growth in Revenue. The Revenue has been growing by 9.11% on average per year.
EPS 1Y (TTM)764.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%728.57%
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y23.55%
Revenue growth 5Y9.11%
Sales Q2Q%-29.48%
3.2 Future
Based on estimates for the next years, CEQP will show a very strong growth in Earnings Per Share. The EPS will grow by 117.91% on average per year.
The Revenue is expected to grow by 24.06% on average over the next years. This is a very strong growth
EPS Next Y761.73%
EPS Next 2Y187.44%
EPS Next 3Y117.91%
EPS Next 5YN/A
Revenue Next Year35.68%
Revenue Next 2Y16%
Revenue Next 3Y24.06%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 30.39, CEQP can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CEQP is valued a bit more expensive than 76.47% of the companies in the same industry.
CEQP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.39.
The Price/Forward Earnings ratio is 16.12, which indicates a correct valuation of CEQP.
CEQP's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CEQP is more expensive than 66.52% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.84. CEQP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.39 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
60.63% of the companies in the same industry are cheaper than CEQP, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CEQP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.84 | ||
| EV/EBITDA | 8.44 |
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.
A more expensive valuation may be justified as CEQP's earnings are expected to grow with 117.91% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y187.44%
EPS Next 3Y117.91%
5. Dividend
5.1 Amount
CEQP has a Yearly Dividend Yield of 9.27%, which is a nice return.
Compared to an average industry Dividend Yield of 3.95, CEQP pays a better dividend. On top of this CEQP pays more dividend than 83.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, CEQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.27% |
5.2 History
The dividend of CEQP is nicely growing with an annual growth rate of 8.30%!
CEQP has been paying a dividend for at least 10 years, so it has a reliable track record.
As CEQP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)8.3%
Div Incr Years1
Div Non Decr Years5
5.3 Sustainability
327.84% of the earnings are spent on dividend by CEQP. This is not a sustainable payout ratio.
The dividend of CEQP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP327.84%
EPS Next 2Y187.44%
EPS Next 3Y117.91%
28.26
+1.18 (+4.36%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0.19%
Inst Owner Change0%
Ins Owners1.05%
Ins Owner Change0%
Market Cap2.97B
Revenue(TTM)5.25B
Net Income(TTM)103.10M
Analysts71.43
Price Target29.33 (3.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.27% |
Yearly Dividend3.88
Dividend Growth(5Y)8.3%
DP327.84%
Div Incr Years1
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)106.63%
Min EPS beat(2)16.71%
Max EPS beat(2)196.55%
EPS beat(4)3
Avg EPS beat(4)-6.32%
Min EPS beat(4)-259.25%
Max EPS beat(4)196.55%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-16.44%
Min Revenue beat(2)-19.34%
Max Revenue beat(2)-13.53%
Revenue beat(4)0
Avg Revenue beat(4)-11.75%
Min Revenue beat(4)-19.34%
Max Revenue beat(4)-5.95%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.88%
PT rev (3m)-4.17%
EPS NQ rev (1m)3.67%
EPS NQ rev (3m)-1.79%
EPS NY rev (1m)0%
EPS NY rev (3m)41.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.81%
Revenue NY rev (1m)-12.77%
Revenue NY rev (3m)-15.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.39 | ||
| Fwd PE | 16.12 | ||
| P/S | 0.57 | ||
| P/FCF | 15.84 | ||
| P/OCF | 6.54 | ||
| P/B | 1.55 | ||
| P/tB | 4.1 | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.93
EY3.29%
EPS(NY)1.75
Fwd EY6.2%
FCF(TTM)1.78
FCFY6.31%
OCF(TTM)4.32
OCFY15.3%
SpS49.98
BVpS18.26
TBVpS6.89
PEG (NY)0.04
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 5.37% | ||
| ROCE | 6.75% | ||
| ROIC | 5.34% | ||
| ROICexc | 5.34% | ||
| ROICexgc | 6.69% | ||
| OM | 7.64% | ||
| PM (TTM) | 1.96% | ||
| GM | 20.02% | ||
| FCFM | 3.57% |
ROA(3y)-1.92%
ROA(5y)-0.36%
ROE(3y)-7.04%
ROE(5y)-2.01%
ROIC(3y)4.49%
ROIC(5y)3.89%
ROICexc(3y)4.5%
ROICexc(5y)3.9%
ROICexgc(3y)5.71%
ROICexgc(5y)4.91%
ROCE(3y)5.69%
ROCE(5y)4.93%
ROICexgc growth 3Y16.02%
ROICexgc growth 5Y23.88%
ROICexc growth 3Y16.17%
ROICexc growth 5Y23.69%
OM growth 3Y0.43%
OM growth 5Y24.56%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.82%
GM growth 5Y5.1%
F-Score6
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.7 | ||
| Debt/FCF | 17.41 | ||
| Debt/EBITDA | 4.43 | ||
| Cap/Depr | 79.4% | ||
| Cap/Sales | 5.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.61% | ||
| Profit Quality | 181.86% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score6
WACC8.16%
ROIC/WACC0.65
Cap/Depr(3y)58.23%
Cap/Depr(5y)117.68%
Cap/Sales(3y)4.37%
Cap/Sales(5y)7.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)764.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%728.57%
EPS Next Y761.73%
EPS Next 2Y187.44%
EPS Next 3Y117.91%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y23.55%
Revenue growth 5Y9.11%
Sales Q2Q%-29.48%
Revenue Next Year35.68%
Revenue Next 2Y16%
Revenue Next 3Y24.06%
Revenue Next 5YN/A
EBIT growth 1Y38.99%
EBIT growth 3Y24.07%
EBIT growth 5Y35.9%
EBIT Next Year167.37%
EBIT Next 3Y44.84%
EBIT Next 5Y29.27%
FCF growth 1Y-60.26%
FCF growth 3YN/A
FCF growth 5Y25.47%
OCF growth 1Y-12.33%
OCF growth 3Y1.47%
OCF growth 5Y11.41%
Crestwood Equity Partners LP New / CEQP FAQ
What is the ChartMill fundamental rating of Crestwood Equity Partners LP New (CEQP) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CEQP.
What is the valuation status of Crestwood Equity Partners LP New (CEQP) stock?
ChartMill assigns a valuation rating of 3 / 10 to Crestwood Equity Partners LP New (CEQP). This can be considered as Overvalued.
How profitable is Crestwood Equity Partners LP New (CEQP) stock?
Crestwood Equity Partners LP New (CEQP) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for CEQP stock?
The Price/Earnings (PE) ratio for Crestwood Equity Partners LP New (CEQP) is 30.39 and the Price/Book (PB) ratio is 1.55.
Can you provide the dividend sustainability for CEQP stock?
The dividend rating of Crestwood Equity Partners LP New (CEQP) is 8 / 10 and the dividend payout ratio is 327.84%.