CORE LABORATORIES INC (CLB) Stock Fundamental Analysis
NYSE:CLB - US21867A1051 - Common Stock
11.32 USD
+0.18 (+1.62%)
11.19 USD
-0.13 (-1.15%)
CLB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 61 industry peers in the Energy Equipment & Services industry. CLB has only an average score on both its financial health and profitability. CLB is valued expensive and 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.
CLB had positive earnings in 4 of the past 5 years.
CLB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.92%, CLB is doing good in the industry, outperforming 63.93% of the companies in the same industry.
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.
With a decent Return On Invested Capital value of 9.07%, CLB is doing good in the industry, outperforming 70.49% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CLB is in line with the industry average of 8.01%.
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 of 5.73%. This is comparable to the rest of the industry: CLB outperforms 55.74% of its industry peers.
In the last couple of years the Profit Margin of CLB has declined.
CLB has a Operating Margin (10.93%) which is in line with its industry peers.
CLB's Operating Margin has declined in the last couple of years.
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.
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
CLB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CLB has about the same amount of shares outstanding.
Compared to 5 years ago, CLB has more shares outstanding
Compared to 1 year ago, CLB has an improved debt to assets ratio.
2.2 Solvency
CLB has an Altman-Z score of 2.73. 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.
CLB has a Altman-Z score of 2.73. This is in the better half of the industry: CLB outperforms 73.77% of its industry peers.
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 62.30% 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 (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.17 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.99
WACC9.17%
2.3 Liquidity
CLB has a Current Ratio of 2.27. This indicates that CLB is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.27, CLB is in the better half of the industry, outperforming 68.85% of the companies in the same industry.
A Quick Ratio of 1.70 indicates that CLB should not have too much problems paying its short term obligations.
CLB has a Quick ratio of 1.70. This is in the better half of the industry: CLB outperforms 63.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The earnings per share for CLB have decreased by -2.44% in the last year.
The earnings per share for CLB have been decreasing by -13.14% on average. This is quite bad
The Revenue has been growing slightly by 0.71% in the past 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
The Earnings Per Share is expected to grow by 12.78% on average over the next years. This is quite good.
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-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
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 14.15, which indicates a correct valuation of CLB.
Compared to the rest of the industry, the Price/Earnings ratio of CLB indicates a somewhat cheap valuation: CLB is cheaper than 68.85% of the companies listed in the same industry.
CLB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.17.
The Price/Forward Earnings ratio is 14.25, which indicates a correct valuation of CLB.
CLB's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.78. CLB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 14.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CLB is valued a bit more expensive than 72.13% of the companies 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 | 13.51 | ||
| EV/EBITDA | 8.64 |
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
With a yearly dividend of 0.38%, CLB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.44, CLB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, CLB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
5.2 History
The dividend of CLB decreases each year by -55.13%.
CLB has paid a dividend for at least 10 years, which is 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
CLB pays out 6.33% of its income as dividend. This is a sustainable payout ratio.
DP6.33%
EPS Next 2Y-4.98%
EPS Next 3Y-0.94%
11.32
+0.18 (+1.62%)
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 Cap530.79M
Analysts49.09
Price Target14.03 (23.94%)
Short Float %16.22%
Short Ratio14.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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)-4.51%
PT rev (3m)-10.71%
EPS NQ rev (1m)-2.99%
EPS NQ rev (3m)-16.94%
EPS NY rev (1m)-2.71%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)1.02%
Revenue NQ rev (3m)-4.84%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 14.25 | ||
| P/S | 1.03 | ||
| P/FCF | 13.51 | ||
| P/OCF | 9.78 | ||
| P/B | 2.03 | ||
| P/tB | 3.42 | ||
| EV/EBITDA | 8.64 |
EPS(TTM)0.8
EY7.07%
EPS(NY)0.79
Fwd EY7.02%
FCF(TTM)0.84
FCFY7.4%
OCF(TTM)1.16
OCFY10.23%
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 | 2.73 |
F-Score6
WACC9.17%
ROIC/WACC0.99
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%