CLEAN ENERGY FUELS CORP (CLNE) Stock Fundamental Analysis
NASDAQ:CLNE - Nasdaq - US1844991018 - Common Stock - Currency: USD
Overall CLNE gets a fundamental rating of 4 out of 10. We evaluated CLNE against 210 industry peers in the Oil, Gas & Consumable Fuels industry. The financial health of CLNE is average, but there are quite some concerns on its profitability. CLNE shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year CLNE was profitable.
CLNE had a positive operating cash flow in the past year.
CLNE had negative earnings in each of the past 5 years.
In the past 5 years CLNE always reported a positive cash flow from operatings.
1.2 Ratios
CLNE has a Return On Assets of -17.88%. This is amonst the worse of the industry: CLNE underperforms 90.00% of its industry peers.
The Return On Equity of CLNE (-33.45%) is worse than 82.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.88% | ||
| ROE | -33.45% | ||
| ROIC | N/A |
ROA(3y)-6.67%
ROA(5y)-6.22%
ROE(3y)-11.16%
ROE(5y)-9.58%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CLNE has a Gross Margin (30.77%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CLNE has declined.
The Profit Margin and Operating Margin are not available for CLNE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.77% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.4%
GM growth 5Y-4.26%
2. Health
2.1 Basic Checks
CLNE does not have a ROIC to compare to the WACC, probably because it is not profitable.
CLNE has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CLNE has been increased compared to 5 years ago.
Compared to 1 year ago, CLNE has a worse debt to assets ratio.
2.2 Solvency
CLNE has an Altman-Z score of -0.47. This is a bad value and indicates that CLNE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CLNE (-0.47) is worse than 71.90% of its industry peers.
CLNE has a debt to FCF ratio of 46.58. This is a negative value and a sign of low solvency as CLNE would need 46.58 years to pay back of all of its debts.
CLNE's Debt to FCF ratio of 46.58 is in line compared to the rest of the industry. CLNE outperforms 41.90% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that CLNE is not too dependend on debt financing.
CLNE has a Debt to Equity ratio of 0.46. This is comparable to the rest of the industry: CLNE outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 46.58 | ||
| Altman-Z | -0.47 |
ROIC/WACCN/A
WACC10.27%
2.3 Liquidity
CLNE has a Current Ratio of 2.82. This indicates that CLNE is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.82, CLNE belongs to the best of the industry, outperforming 84.29% of the companies in the same industry.
CLNE has a Quick Ratio of 2.50. This indicates that CLNE is financially healthy and has no problem in meeting its short term obligations.
CLNE has a Quick ratio of 2.50. This is amongst the best in the industry. CLNE outperforms 84.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.5 |
3. Growth
3.1 Past
CLNE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 166.67%, which is quite impressive.
CLNE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.00% yearly.
The Revenue has been growing slightly by 4.85% in the past year.
CLNE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.86% yearly.
EPS 1Y (TTM)166.67%
EPS 3Y58.74%
EPS 5Y-21%
EPS Q2Q%200%
Revenue 1Y (TTM)4.85%
Revenue growth 3Y17.62%
Revenue growth 5Y3.86%
Sales Q2Q%0.05%
3.2 Future
CLNE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.63% yearly.
Based on estimates for the next years, CLNE will show a very strong growth in Revenue. The Revenue will grow by 22.46% on average per year.
EPS Next Y-564.1%
EPS Next 2Y-102.47%
EPS Next 3Y-45.89%
EPS Next 5Y35.63%
Revenue Next Year2.76%
Revenue Next 2Y6.02%
Revenue Next 3Y6.94%
Revenue Next 5Y22.46%
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.
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
The Price/Earnings ratio is 35.00, which means the current valuation is very expensive for CLNE.
63.81% of the companies in the same industry are cheaper than CLNE, based on the Price/Earnings ratio.
CLNE is valuated rather expensively when we compare the Price/Earnings ratio to 28.04, which is the current average of the S&P500 Index.
CLNE is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CLNE is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as CLNE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 78.83 | ||
| EV/EBITDA | 27.96 |
4.3 Compensation for Growth
CLNE's earnings are expected to decrease with -45.89% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-102.47%
EPS Next 3Y-45.89%
5. Dividend
5.1 Amount
No dividends for CLNE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
2.1
-0.06 (-2.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners49.9%
Inst Owner Change-0.02%
Ins Owners1.14%
Ins Owner Change0.99%
Market Cap464.06M
Analysts84
Price Target4.33 (106.19%)
Short Float %5.18%
Short Ratio2.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)145.02%
Min EPS beat(2)106%
Max EPS beat(2)184.05%
EPS beat(4)4
Avg EPS beat(4)151.1%
Min EPS beat(4)106%
Max EPS beat(4)185.77%
EPS beat(8)8
Avg EPS beat(8)152.93%
EPS beat(12)11
Avg EPS beat(12)112.95%
EPS beat(16)12
Avg EPS beat(16)138.84%
Revenue beat(2)2
Avg Revenue beat(2)4.14%
Min Revenue beat(2)3.83%
Max Revenue beat(2)4.45%
Revenue beat(4)3
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-9.94%
Max Revenue beat(4)4.45%
Revenue beat(8)4
Avg Revenue beat(8)-2.73%
Revenue beat(12)6
Avg Revenue beat(12)-0.34%
Revenue beat(16)7
Avg Revenue beat(16)-7.25%
PT rev (1m)0%
PT rev (3m)-36.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)20.9%
EPS NY rev (1m)0%
EPS NY rev (3m)56.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35 | ||
| Fwd PE | N/A | ||
| P/S | 1.12 | ||
| P/FCF | 78.83 | ||
| P/OCF | 5.43 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 27.96 |
EPS(TTM)0.06
EY2.86%
EPS(NY)-0.08
Fwd EYN/A
FCF(TTM)0.03
FCFY1.27%
OCF(TTM)0.39
OCFY18.41%
SpS1.88
BVpS2.7
TBVpS2.68
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.88% | ||
| ROE | -33.45% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.77% | ||
| FCFM | 1.42% |
ROA(3y)-6.67%
ROA(5y)-6.22%
ROE(3y)-11.16%
ROE(5y)-9.58%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.4%
GM growth 5Y-4.26%
F-Score5
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 46.58 | ||
| Debt/EBITDA | 18.32 | ||
| Cap/Depr | 83% | ||
| Cap/Sales | 19.12% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 572.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.82 | ||
| Quick Ratio | 2.5 | ||
| Altman-Z | -0.47 |
F-Score5
WACC10.27%
ROIC/WACCN/A
Cap/Depr(3y)180.71%
Cap/Depr(5y)126.79%
Cap/Sales(3y)20.16%
Cap/Sales(5y)15.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)166.67%
EPS 3Y58.74%
EPS 5Y-21%
EPS Q2Q%200%
EPS Next Y-564.1%
EPS Next 2Y-102.47%
EPS Next 3Y-45.89%
EPS Next 5Y35.63%
Revenue 1Y (TTM)4.85%
Revenue growth 3Y17.62%
Revenue growth 5Y3.86%
Sales Q2Q%0.05%
Revenue Next Year2.76%
Revenue Next 2Y6.02%
Revenue Next 3Y6.94%
Revenue Next 5Y22.46%
EBIT growth 1Y-60.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year236.76%
EBIT Next 3Y65.59%
EBIT Next 5Y46.27%
FCF growth 1Y122.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y99.15%
OCF growth 3Y16.07%
OCF growth 5Y39.37%