CIVITAS RESOURCES INC (CIVI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
26.32 USD
+0.74 (+2.89%)
26.32 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CIVI. CIVI was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. While CIVI is still in line with the averages on profitability rating, there are concerns on its financial health. CIVI is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CIVI was profitable.
In the past year CIVI had a positive cash flow from operations.
Each year in the past 5 years CIVI has been profitable.
In the past 5 years CIVI always reported a positive cash flow from operatings.
1.2 Ratios
CIVI has a Return On Assets (4.22%) which is comparable to the rest of the industry.
CIVI has a better Return On Equity (9.55%) than 63.46% of its industry peers.
The Return On Invested Capital of CIVI (8.28%) is better than 75.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CIVI is significantly below the industry average of 21.28%.
The 3 year average ROIC (16.04%) for CIVI is well above the current ROIC(8.28%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 9.55% | ||
| ROIC | 8.28% |
ROA(3y)8.94%
ROA(5y)7.65%
ROE(3y)16.19%
ROE(5y)12.46%
ROIC(3y)16.04%
ROIC(5y)11.52%
1.3 Margins
CIVI's Profit Margin of 13.54% is fine compared to the rest of the industry. CIVI outperforms 64.42% of its industry peers.
CIVI's Profit Margin has declined in the last couple of years.
The Operating Margin of CIVI (30.24%) is better than 75.00% of its industry peers.
CIVI's Operating Margin has declined in the last couple of years.
CIVI has a Gross Margin of 84.86%. This is amongst the best in the industry. CIVI outperforms 92.79% of its industry peers.
CIVI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.24% | ||
| PM (TTM) | 13.54% | ||
| GM | 84.86% |
OM growth 3Y-12.18%
OM growth 5Y-4.42%
PM growth 3Y-5.72%
PM growth 5Y-5.54%
GM growth 3Y-1.66%
GM growth 5Y-0.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CIVI is creating some value.
Compared to 1 year ago, CIVI has about the same amount of shares outstanding.
The number of shares outstanding for CIVI has been increased compared to 5 years ago.
The debt/assets ratio for CIVI has been reduced compared to a year ago.
2.2 Solvency
CIVI has an Altman-Z score of 0.91. This is a bad value and indicates that CIVI is not financially healthy and even has some risk of bankruptcy.
CIVI has a Altman-Z score (0.91) which is comparable to the rest of the industry.
CIVI has a debt to FCF ratio of 5.50. This is a neutral value as CIVI would need 5.50 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.50, CIVI is in the better half of the industry, outperforming 62.98% of the companies in the same industry.
A Debt/Equity ratio of 0.77 indicates that CIVI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.77, CIVI is not doing good in the industry: 64.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Altman-Z | 0.91 |
ROIC/WACC0.88
WACC9.44%
2.3 Liquidity
A Current Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
The Current ratio of CIVI (0.56) is worse than 80.77% of its industry peers.
A Quick Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.56, CIVI is doing worse than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
CIVI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.03%.
CIVI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.79% yearly.
The Revenue has decreased by -6.52% in the past year.
CIVI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 75.45% yearly.
EPS 1Y (TTM)-28.03%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-3.02%
Revenue 1Y (TTM)-6.52%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-8.18%
3.2 Future
Based on estimates for the next years, CIVI will show a small growth in Earnings Per Share. The EPS will grow by 3.15% on average per year.
CIVI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.26% yearly.
EPS Next Y-30.23%
EPS Next 2Y-23.2%
EPS Next 3Y-7%
EPS Next 5Y3.15%
Revenue Next Year-11.95%
Revenue Next 2Y-8.34%
Revenue Next 3Y-3.23%
Revenue Next 5Y-1.26%
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
CIVI is valuated cheaply with a Price/Earnings ratio of 4.07.
CIVI's Price/Earnings ratio is rather cheap when compared to the industry. CIVI is cheaper than 95.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of CIVI to the average of the S&P500 Index (27.00), we can say CIVI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.21, the valuation of CIVI can be described as very cheap.
94.71% of the companies in the same industry are more expensive than CIVI, based on the Price/Forward Earnings ratio.
CIVI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.07 | ||
| Fwd PE | 5.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIVI indicates a rather cheap valuation: CIVI is cheaper than 97.60% of the companies listed in the same industry.
97.12% of the companies in the same industry are more expensive than CIVI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.4 | ||
| EV/EBITDA | 2.13 |
4.3 Compensation for Growth
The decent profitability rating of CIVI may justify a higher PE ratio.
A cheap valuation may be justified as CIVI's earnings are expected to decrease with -7.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y-23.2%
EPS Next 3Y-7%
5. Dividend
5.1 Amount
CIVI has a Yearly Dividend Yield of 7.38%, which is a nice return.
Compared to an average industry Dividend Yield of 3.96, CIVI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, CIVI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.38% |
5.2 History
CIVI has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
29.56% of the earnings are spent on dividend by CIVI. This is a low number and sustainable payout ratio.
DP29.56%
EPS Next 2Y-23.2%
EPS Next 3Y-7%
26.32
+0.74 (+2.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners112.74%
Inst Owner Change0%
Ins Owners0.95%
Ins Owner Change3.8%
Market Cap2.25B
Revenue(TTM)4.71B
Net Income(TTM)638.11M
Analysts70.48
Price Target37.74 (43.39%)
Short Float %8.67%
Short Ratio4.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.38% |
Yearly Dividend5.26
Dividend Growth(5Y)N/A
DP29.56%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)20.1%
Min EPS beat(2)-9.02%
Max EPS beat(2)49.22%
EPS beat(4)2
Avg EPS beat(4)8.62%
Min EPS beat(4)-11.77%
Max EPS beat(4)49.22%
EPS beat(8)3
Avg EPS beat(8)-1.24%
EPS beat(12)5
Avg EPS beat(12)4.18%
EPS beat(16)6
Avg EPS beat(16)-2.17%
Revenue beat(2)0
Avg Revenue beat(2)-4.24%
Min Revenue beat(2)-6.46%
Max Revenue beat(2)-2.01%
Revenue beat(4)0
Avg Revenue beat(4)-3.33%
Min Revenue beat(4)-6.46%
Max Revenue beat(4)-2.01%
Revenue beat(8)1
Avg Revenue beat(8)-3.62%
Revenue beat(12)4
Avg Revenue beat(12)-1.86%
Revenue beat(16)8
Avg Revenue beat(16)4.81%
PT rev (1m)-4.18%
PT rev (3m)-11.6%
EPS NQ rev (1m)3.1%
EPS NQ rev (3m)7.93%
EPS NY rev (1m)1.32%
EPS NY rev (3m)7.59%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.07 | ||
| Fwd PE | 5.21 | ||
| P/S | 0.48 | ||
| P/FCF | 2.4 | ||
| P/OCF | 0.82 | ||
| P/B | 0.34 | ||
| P/tB | 0.34 | ||
| EV/EBITDA | 2.13 |
EPS(TTM)6.47
EY24.58%
EPS(NY)5.06
Fwd EY19.21%
FCF(TTM)10.95
FCFY41.59%
OCF(TTM)32.06
OCFY121.82%
SpS55.24
BVpS78.37
TBVpS78.37
PEG (NY)N/A
PEG (5Y)0.52
Graham Number106.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 9.55% | ||
| ROCE | 10.62% | ||
| ROIC | 8.28% | ||
| ROICexc | 8.32% | ||
| ROICexgc | 8.32% | ||
| OM | 30.24% | ||
| PM (TTM) | 13.54% | ||
| GM | 84.86% | ||
| FCFM | 19.82% |
ROA(3y)8.94%
ROA(5y)7.65%
ROE(3y)16.19%
ROE(5y)12.46%
ROIC(3y)16.04%
ROIC(5y)11.52%
ROICexc(3y)17.54%
ROICexc(5y)12.5%
ROICexgc(3y)17.54%
ROICexgc(5y)12.5%
ROCE(3y)20.58%
ROCE(5y)14.78%
ROICexgc growth 3Y17.11%
ROICexgc growth 5Y2.69%
ROICexc growth 3Y17.11%
ROICexc growth 5Y2.69%
OM growth 3Y-12.18%
OM growth 5Y-4.42%
PM growth 3Y-5.72%
PM growth 5Y-5.54%
GM growth 3Y-1.66%
GM growth 5Y-0.03%
F-Score5
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Debt/EBITDA | 1.51 | ||
| Cap/Depr | 90.63% | ||
| Cap/Sales | 38.23% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 80.15% | ||
| Profit Quality | 146.32% | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.91 |
F-Score5
WACC9.44%
ROIC/WACC0.88
Cap/Depr(3y)134.44%
Cap/Depr(5y)108.13%
Cap/Sales(3y)40.46%
Cap/Sales(5y)33.41%
Profit Quality(3y)89.88%
Profit Quality(5y)85.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-28.03%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-3.02%
EPS Next Y-30.23%
EPS Next 2Y-23.2%
EPS Next 3Y-7%
EPS Next 5Y3.15%
Revenue 1Y (TTM)-6.52%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-8.18%
Revenue Next Year-11.95%
Revenue Next 2Y-8.34%
Revenue Next 3Y-3.23%
Revenue Next 5Y-1.26%
EBIT growth 1Y-26.15%
EBIT growth 3Y55.9%
EBIT growth 5Y67.69%
EBIT Next Year100.75%
EBIT Next 3Y26.75%
EBIT Next 5Y17.33%
FCF growth 1Y132.77%
FCF growth 3Y94.29%
FCF growth 5YN/A
OCF growth 1Y43.37%
OCF growth 3Y118.52%
OCF growth 5Y66.4%
CIVITAS RESOURCES INC / CIVI FAQ
What is the fundamental rating for CIVI stock?
ChartMill assigns a fundamental rating of 5 / 10 to CIVI.
Can you provide the valuation status for CIVITAS RESOURCES INC?
ChartMill assigns a valuation rating of 8 / 10 to CIVITAS RESOURCES INC (CIVI). This can be considered as Undervalued.
How profitable is CIVITAS RESOURCES INC (CIVI) stock?
CIVITAS RESOURCES INC (CIVI) has a profitability rating of 6 / 10.
How financially healthy is CIVITAS RESOURCES INC?
The financial health rating of CIVITAS RESOURCES INC (CIVI) is 3 / 10.
Can you provide the dividend sustainability for CIVI stock?
The dividend rating of CIVITAS RESOURCES INC (CIVI) is 5 / 10 and the dividend payout ratio is 29.56%.