CORE LABORATORIES INC (CLB) Stock Fundamental Analysis
USA - NYSE:CLB - US21867A1051 - Common Stock
11.97 USD
-0.71 (-5.6%)
11.971 USD
+0 (+0.01%)
We assign a fundamental rating of 4 out of 10 to CLB. CLB was compared to 61 industry peers in the Energy Equipment & Services industry. CLB has only an average score on both its financial health and profitability. CLB has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CLB had positive earnings in the past year.
CLB had a positive operating cash flow in the past year.
Of the past 5 years CLB 4 years were profitable.
Each year in the past 5 years CLB had a positive operating cash flow.
1.2 Ratios
CLB has a better Return On Assets (4.92%) than 63.93% of its industry peers.
With a decent Return On Equity value of 11.34%, CLB is doing good in the industry, outperforming 65.57% of the companies in the same industry.
CLB has a Return On Invested Capital of 9.07%. This is in the better half of the industry: CLB outperforms 70.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CLB is in line with the industry average of 8.01%.
The 3 year average ROIC (8.80%) for CLB is below the current ROIC(9.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 11.34% | ||
| ROIC | 9.07% |
ROA(3y)4.98%
ROA(5y)0.23%
ROE(3y)13.12%
ROE(5y)-16.91%
ROIC(3y)8.8%
ROIC(5y)8.69%
1.3 Margins
The Profit Margin of CLB (5.73%) is comparable to the rest of the industry.
CLB's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 10.93%, CLB is in line with its industry, outperforming 59.02% of the companies in the same industry.
In the last couple of years the Operating Margin of CLB has declined.
Looking at the Gross Margin, with a value of 19.56%, CLB is doing worse than 72.13% of the companies in the same industry.
CLB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.93% | ||
| PM (TTM) | 5.73% | ||
| GM | 19.56% |
OM growth 3Y7.68%
OM growth 5Y-4.33%
PM growth 3Y12.69%
PM growth 5Y-17.05%
GM growth 3Y-3.24%
GM growth 5Y-5.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CLB is creating some value.
CLB has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CLB has more shares outstanding
The debt/assets ratio for CLB has been reduced compared to a year ago.
2.2 Solvency
CLB has an Altman-Z score of 2.85. This is not the best score and indicates that CLB is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of CLB (2.85) is better than 78.69% of its industry peers.
CLB has a debt to FCF ratio of 3.17. This is a good value and a sign of high solvency as CLB would need 3.17 years to pay back of all of its debts.
CLB's Debt to FCF ratio of 3.17 is fine compared to the rest of the industry. CLB outperforms 62.30% of its industry peers.
CLB has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.48, CLB perfoms like the industry average, outperforming 42.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.17 | ||
| Altman-Z | 2.85 |
ROIC/WACC1.02
WACC8.92%
2.3 Liquidity
A Current Ratio of 2.27 indicates that CLB has no problem at all paying its short term obligations.
CLB's Current ratio of 2.27 is fine compared to the rest of the industry. CLB outperforms 68.85% of its industry peers.
A Quick Ratio of 1.70 indicates that CLB should not have too much problems paying its short term obligations.
The Quick ratio of CLB (1.70) is better than 63.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
CLB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.44%.
Measured over the past years, CLB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.14% on average per year.
Looking at the last year, CLB shows a small growth in Revenue. The Revenue has grown by 0.71% in the last year.
The Revenue has been decreasing by -4.75% on average over the past years.
EPS 1Y (TTM)-2.44%
EPS 3Y7.42%
EPS 5Y-13.14%
EPS Q2Q%-13.64%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y3.66%
Revenue growth 5Y-4.75%
Sales Q2Q%-0.32%
3.2 Future
Based on estimates for the next years, CLB will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.78% on average per year.
The Revenue is expected to grow by 3.47% on average over the next years.
EPS Next Y-14.3%
EPS Next 2Y-4.98%
EPS Next 3Y-0.94%
EPS Next 5Y12.78%
Revenue Next Year-3.01%
Revenue Next 2Y-0.42%
Revenue Next 3Y-1.03%
Revenue Next 5Y3.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.96, the valuation of CLB can be described as correct.
60.66% of the companies in the same industry are more expensive than CLB, based on the Price/Earnings ratio.
CLB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.41.
With a Price/Forward Earnings ratio of 15.06, CLB is valued correctly.
CLB's Price/Forward Earnings is on the same level as the industry average.
CLB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | 15.06 |
4.2 Price Multiples
80.33% of the companies in the same industry are cheaper than CLB, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.29 | ||
| EV/EBITDA | 9.65 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.98%
EPS Next 3Y-0.94%
5. Dividend
5.1 Amount
CLB has a yearly dividend return of 0.32%, which is pretty low.
Compared to an average industry Dividend Yield of 3.34, CLB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, CLB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of CLB decreases each year by -55.13%.
CLB has been paying a dividend for at least 10 years, so it has a reliable track record.
CLB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-55.13%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
6.33% of the earnings are spent on dividend by CLB. This is a low number and sustainable payout ratio.
DP6.33%
EPS Next 2Y-4.98%
EPS Next 3Y-0.94%
11.97
-0.71 (-5.6%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners114.13%
Inst Owner Change3.89%
Ins Owners1.04%
Ins Owner Change3.96%
Market Cap561.27M
Analysts49.09
Price Target14.03 (17.21%)
Short Float %17.93%
Short Ratio16.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.04
Dividend Growth(5Y)-55.13%
DP6.33%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.5%
Min EPS beat(2)-4.67%
Max EPS beat(2)-0.33%
EPS beat(4)1
Avg EPS beat(4)0.47%
Min EPS beat(4)-4.67%
Max EPS beat(4)7.15%
EPS beat(8)3
Avg EPS beat(8)3.08%
EPS beat(12)7
Avg EPS beat(12)5.69%
EPS beat(16)7
Avg EPS beat(16)2.29%
Revenue beat(2)1
Avg Revenue beat(2)-0.95%
Min Revenue beat(2)-1.92%
Max Revenue beat(2)0.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-3.38%
Max Revenue beat(4)0.02%
Revenue beat(8)2
Avg Revenue beat(8)-1.25%
Revenue beat(12)3
Avg Revenue beat(12)-1.39%
Revenue beat(16)4
Avg Revenue beat(16)-1.45%
PT rev (1m)-6.78%
PT rev (3m)-7.09%
EPS NQ rev (1m)-15.98%
EPS NQ rev (3m)-10.86%
EPS NY rev (1m)-2.71%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | 15.06 | ||
| P/S | 1.08 | ||
| P/FCF | 14.29 | ||
| P/OCF | 10.34 | ||
| P/B | 2.15 | ||
| P/tB | 3.62 | ||
| EV/EBITDA | 9.65 |
EPS(TTM)0.8
EY6.68%
EPS(NY)0.79
Fwd EY6.64%
FCF(TTM)0.84
FCFY7%
OCF(TTM)1.16
OCFY9.67%
SpS11.03
BVpS5.57
TBVpS3.31
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 11.34% | ||
| ROCE | 11.37% | ||
| ROIC | 9.07% | ||
| ROICexc | 9.68% | ||
| ROICexgc | 12.53% | ||
| OM | 10.93% | ||
| PM (TTM) | 5.73% | ||
| GM | 19.56% | ||
| FCFM | 7.59% |
ROA(3y)4.98%
ROA(5y)0.23%
ROE(3y)13.12%
ROE(5y)-16.91%
ROIC(3y)8.8%
ROIC(5y)8.69%
ROICexc(3y)9.11%
ROICexc(5y)8.99%
ROICexgc(3y)11.75%
ROICexgc(5y)11.63%
ROCE(3y)11.03%
ROCE(5y)10.9%
ROICexcg growth 3Y11.32%
ROICexcg growth 5Y-6.37%
ROICexc growth 3Y11.52%
ROICexc growth 5Y-2.86%
OM growth 3Y7.68%
OM growth 5Y-4.33%
PM growth 3Y12.69%
PM growth 5Y-17.05%
GM growth 3Y-3.24%
GM growth 5Y-5.25%
F-Score6
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.17 | ||
| Debt/EBITDA | 1.75 | ||
| Cap/Depr | 101.97% | ||
| Cap/Sales | 2.9% | ||
| Interest Coverage | 6.2 | ||
| Cash Conversion | 76.15% | ||
| Profit Quality | 132.56% | ||
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 2.85 |
F-Score6
WACC8.92%
ROIC/WACC1.02
Cap/Depr(3y)71.15%
Cap/Depr(5y)68.67%
Cap/Sales(3y)2.22%
Cap/Sales(5y)2.39%
Profit Quality(3y)84.24%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.44%
EPS 3Y7.42%
EPS 5Y-13.14%
EPS Q2Q%-13.64%
EPS Next Y-14.3%
EPS Next 2Y-4.98%
EPS Next 3Y-0.94%
EPS Next 5Y12.78%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y3.66%
Revenue growth 5Y-4.75%
Sales Q2Q%-0.32%
Revenue Next Year-3.01%
Revenue Next 2Y-0.42%
Revenue Next 3Y-1.03%
Revenue Next 5Y3.47%
EBIT growth 1Y-2.45%
EBIT growth 3Y11.62%
EBIT growth 5Y-8.87%
EBIT Next Year7.29%
EBIT Next 3Y4.07%
EBIT Next 5Y17.46%
FCF growth 1Y151.78%
FCF growth 3Y23.36%
FCF growth 5Y-8.39%
OCF growth 1Y119.82%
OCF growth 3Y15.5%
OCF growth 5Y-8.83%