CORE LABORATORIES INC (CLB) Stock Fundamental Analysis
USA - NYSE:CLB - US21867A1051 - Common Stock
10.33 USD
-0.65 (-5.92%)
10.33 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CLB. CLB was compared to 61 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of CLB get a neutral evaluation. Nothing too spectacular is happening here. CLB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CLB had positive earnings in the past year.
In the past year CLB had a positive cash flow from operations.
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
The Return On Assets of CLB (4.92%) is better than 63.93% of its industry peers.
The Return On Equity of CLB (11.34%) is better than 65.57% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.07%, CLB is in the better half of the industry, outperforming 72.13% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CLB is in line with the industry average of 8.04%.
The last Return On Invested Capital (9.07%) for CLB is above the 3 year average (8.80%), which is a sign of increasing profitability.
| 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
CLB has a Profit Margin (5.73%) which is in line with its industry peers.
CLB's Profit Margin has declined in the last couple of years.
CLB's Operating Margin of 10.93% is in line compared to the rest of the industry. CLB outperforms 59.02% of its industry peers.
CLB's Operating Margin has declined in the last couple of years.
The Gross Margin of CLB (19.56%) is worse than 72.13% of its industry peers.
In the last couple of years the Gross Margin of CLB has declined.
| 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.
CLB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CLB has an improved debt to assets ratio.
2.2 Solvency
CLB has an Altman-Z score of 2.71. 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.
With a decent Altman-Z score value of 2.71, CLB is doing good in the industry, outperforming 73.77% of the companies in the same industry.
The Debt to FCF ratio of CLB is 3.17, which is a good value as it means it would take CLB, 3.17 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.17, CLB is in the better half of the industry, outperforming 60.66% of the companies in the same industry.
CLB has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
CLB has a Debt to Equity ratio of 0.48. This is comparable to the rest of the industry: CLB outperforms 42.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.17 | ||
| Altman-Z | 2.71 |
ROIC/WACC1.04
WACC8.76%
2.3 Liquidity
A Current Ratio of 2.27 indicates that CLB has no problem at all paying its short term obligations.
CLB has a better Current ratio (2.27) than 68.85% of its industry peers.
CLB has a Quick Ratio of 1.70. This is a normal value and indicates that CLB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.70, CLB is in the better half of the industry, outperforming 63.93% of the companies in the same industry.
| 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.
The Revenue has been growing slightly by 0.71% in the past year.
Measured over the past years, CLB shows a decrease in Revenue. The Revenue has been decreasing by -4.75% on average per year.
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.
Based on estimates for the next years, CLB will show a small growth in Revenue. The Revenue will grow by 3.47% on average per year.
EPS Next Y-13.46%
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 12.91, which indicates a correct valuation of CLB.
Based on the Price/Earnings ratio, CLB is valued a bit cheaper than 62.30% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. CLB is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 13.00, CLB is valued correctly.
CLB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CLB is cheaper than 60.66% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CLB to the average of the S&P500 Index (22.57), we can say CLB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.91 | ||
| Fwd PE | 13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLB indicates a slightly more expensive valuation: CLB is more expensive than 72.13% of the companies listed in the same industry.
CLB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.33 | ||
| EV/EBITDA | 8.53 |
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 0.33%, which is pretty low.
Compared to an average industry Dividend Yield of 3.26, CLB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, CLB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
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%
10.33
-0.65 (-5.92%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners114.84%
Inst Owner Change-0.03%
Ins Owners1.04%
Ins Owner Change0.1%
Market Cap484.37M
Analysts49.09
Price Target14.03 (35.82%)
Short Float %17.32%
Short Ratio14.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.33% |
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)0%
PT rev (3m)-5.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.86%
EPS NY rev (1m)0.98%
EPS NY rev (3m)-1.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.91 | ||
| Fwd PE | 13 | ||
| P/S | 0.94 | ||
| P/FCF | 12.33 | ||
| P/OCF | 8.92 | ||
| P/B | 1.85 | ||
| P/tB | 3.12 | ||
| EV/EBITDA | 8.53 |
EPS(TTM)0.8
EY7.74%
EPS(NY)0.79
Fwd EY7.69%
FCF(TTM)0.84
FCFY8.11%
OCF(TTM)1.16
OCFY11.21%
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 | 2.71 |
F-Score6
WACC8.76%
ROIC/WACC1.04
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-13.46%
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 Year7.67%
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%