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%)
We assign a fundamental rating of 4 out of 10 to CEQP. CEQP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. CEQP may be in some trouble as it scores bad on both profitability and health. CEQP has a correct valuation and a medium growth rate. Finally CEQP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CEQP had positive earnings in the past year.
In the past year CEQP had a positive cash flow from operations.
In the past 5 years CEQP reported 4 times negative net income.
Each year in the past 5 years CEQP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.63%, CEQP is doing worse than 74.21% of the companies in the same industry.
The Return On Equity of CEQP (5.37%) is worse than 71.49% of its industry peers.
CEQP's Return On Invested Capital of 5.34% is on the low side compared to the rest of the industry. CEQP is outperformed by 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 20.88%.
The 3 year average ROIC (4.49%) for CEQP is below the current ROIC(5.34%), indicating increased profibility in the last year.
| 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
The Profit Margin of CEQP (1.96%) is worse than 75.57% of its industry peers.
CEQP has a worse Operating Margin (7.64%) than 74.66% of its industry peers.
CEQP's Operating Margin has improved in the last couple of years.
CEQP has a worse Gross Margin (20.02%) than 71.49% of its industry peers.
CEQP's Gross Margin has improved in the last couple of years.
| 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
CEQP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CEQP has more shares outstanding than it did 1 year ago.
CEQP has a worse debt/assets ratio than last year.
2.2 Solvency
CEQP has a debt to FCF ratio of 17.41. This is a negative value and a sign of low solvency as CEQP would need 17.41 years to pay back of all of its debts.
With a Debt to FCF ratio value of 17.41, CEQP is not doing good in the industry: 66.06% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.70 is on the high side and indicates that CEQP has dependencies on debt financing.
CEQP has a Debt to Equity ratio of 1.70. This is amonst the worse of the industry: CEQP underperforms 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.
CEQP shows a decrease in Revenue. In the last year, the revenue decreased by -6.83%.
CEQP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.11% yearly.
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
CEQP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 117.91% yearly.
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
Based on the Price/Earnings ratio of 30.39, the valuation of CEQP can be described as expensive.
Based on the Price/Earnings ratio, CEQP is valued a bit more expensive than the industry average as 76.47% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of CEQP to the average of the S&P500 Index (26.49), we can say CEQP is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 16.12, the valuation of CEQP can be described as correct.
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.
CEQP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.39 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CEQP is valued a bit more expensive than 60.63% of the companies in the same industry.
CEQP's Price/Free Cash Flow ratio is in line with the industry average.
| 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 5.71, CEQP pays a better dividend. On top of this CEQP pays more dividend than 83.71% of the companies listed in the same industry.
CEQP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.27% |
5.2 History
On average, the dividend of CEQP grows each year by 8.30%, which is quite nice.
CEQP has paid a dividend for at least 10 years, which is 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%.