CMB TECH NV (CMBT) Stock Fundamental Analysis
USA - NYSE:CMBT - BE0003816338 - Common Stock
9.45 USD
+0.04 (+0.43%)
9.47 USD
+0.02 (+0.21%)
CMBT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While CMBT is still in line with the averages on profitability rating, there are concerns on its financial health. CMBT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CMBT was profitable.
In the past year CMBT had a positive cash flow from operations.
CMBT had positive earnings in 4 of the past 5 years.
CMBT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CMBT has a Return On Assets of 4.58%. This is comparable to the rest of the industry: CMBT outperforms 60.00% of its industry peers.
CMBT has a better Return On Equity (29.01%) than 91.43% of its industry peers.
The Return On Invested Capital of CMBT (4.07%) is worse than 61.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CMBT is significantly below the industry average of 21.76%.
The last Return On Invested Capital (4.07%) for CMBT is well below the 3 year average (9.43%), which needs to be investigated, but indicates that CMBT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 29.01% | ||
| ROIC | 4.07% |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.43%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 25.21%, CMBT belongs to the top of the industry, outperforming 81.43% of the companies in the same industry.
In the last couple of years the Profit Margin of CMBT has grown nicely.
CMBT's Operating Margin of 25.71% is fine compared to the rest of the industry. CMBT outperforms 61.90% of its industry peers.
In the last couple of years the Operating Margin of CMBT has grown nicely.
With a decent Gross Margin value of 54.54%, CMBT is doing good in the industry, outperforming 63.33% of the companies in the same industry.
In the last couple of years the Gross Margin of CMBT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.71% | ||
| PM (TTM) | 25.21% | ||
| GM | 54.54% |
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMBT is still creating some value.
CMBT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CMBT has been reduced compared to 5 years ago.
Compared to 1 year ago, CMBT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that CMBT is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.72, CMBT is in line with its industry, outperforming 41.43% of the companies in the same industry.
CMBT has a Debt/Equity ratio of 3.82. This is a high value indicating a heavy dependency on external financing.
CMBT's Debt to Equity ratio of 3.82 is on the low side compared to the rest of the industry. CMBT is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.82 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.55
WACC7.4%
2.3 Liquidity
A Current Ratio of 0.82 indicates that CMBT may have some problems paying its short term obligations.
CMBT has a Current ratio of 0.82. This is in the lower half of the industry: CMBT underperforms 65.71% of its industry peers.
CMBT has a Quick Ratio of 0.82. This is a bad value and indicates that CMBT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CMBT (0.75) is worse than 63.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
CMBT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -99.67%.
The Earnings Per Share has been growing by 43.41% on average over the past years. This is a very strong growth
The Revenue has decreased by -1.96% in the past year.
Measured over the past years, CMBT shows a small growth in Revenue. The Revenue has been growing by 0.55% on average per year.
EPS 1Y (TTM)-99.67%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-127.37%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%53.89%
3.2 Future
The Earnings Per Share is expected to decrease by -39.46% on average over the next years. This is quite bad
The Revenue is expected to grow by 31.58% on average over the next years. This is a very strong growth
EPS Next Y-68.44%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
EPS Next 5YN/A
Revenue Next Year45.47%
Revenue Next 2Y36.6%
Revenue Next 3Y31.58%
Revenue Next 5YN/A
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 decreasing.
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 472.50, which means the current valuation is very expensive for CMBT.
CMBT's Price/Earnings ratio is a bit more expensive when compared to the industry. CMBT is more expensive than 68.57% of the companies in the same industry.
CMBT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.20.
With a Price/Forward Earnings ratio of 4.97, the valuation of CMBT can be described as very cheap.
93.33% of the companies in the same industry are more expensive than CMBT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, CMBT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 472.5 | ||
| Fwd PE | 4.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMBT indicates a slightly more expensive valuation: CMBT is more expensive than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.19 |
4.3 Compensation for Growth
The decent profitability rating of CMBT may justify a higher PE ratio.
CMBT's earnings are expected to decrease with -39.46% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)10.89
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
5. Dividend
5.1 Amount
With a yearly dividend of 0.52%, CMBT is not a good candidate for dividend investing.
CMBT's Dividend Yield is slightly below the industry average, which is at 6.18.
Compared to an average S&P500 Dividend Yield of 2.38, CMBT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
On average, the dividend of CMBT grows each year by 116.35%, which is quite nice.
CMBT has been paying a dividend for over 5 years, so it has already some track record.
CMBT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)116.35%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
CMBT pays out 59.41% of its income as dividend. This is a bit on the high side, but may be sustainable.
CMBT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP59.41%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
9.45
+0.04 (+0.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.21%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.99B
Analysts82
Price Target11.24 (18.94%)
Short Float %4.5%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend5.68
Dividend Growth(5Y)116.35%
DP59.41%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-173.53%
Min EPS beat(2)-198.04%
Max EPS beat(2)-149.02%
EPS beat(4)0
Avg EPS beat(4)-100.08%
Min EPS beat(4)-198.04%
Max EPS beat(4)-3.67%
EPS beat(8)4
Avg EPS beat(8)61.43%
EPS beat(12)7
Avg EPS beat(12)47.26%
EPS beat(16)10
Avg EPS beat(16)41.59%
Revenue beat(2)1
Avg Revenue beat(2)18.49%
Min Revenue beat(2)-9.81%
Max Revenue beat(2)46.8%
Revenue beat(4)3
Avg Revenue beat(4)13.62%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)46.8%
Revenue beat(8)6
Avg Revenue beat(8)20.12%
Revenue beat(12)10
Avg Revenue beat(12)34.18%
Revenue beat(16)14
Avg Revenue beat(16)38.38%
PT rev (1m)-8.24%
PT rev (3m)-10.63%
EPS NQ rev (1m)-97.37%
EPS NQ rev (3m)-97.22%
EPS NY rev (1m)2.05%
EPS NY rev (3m)2.05%
Revenue NQ rev (1m)22.04%
Revenue NQ rev (3m)45.64%
Revenue NY rev (1m)10.92%
Revenue NY rev (3m)35.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 472.5 | ||
| Fwd PE | 4.97 | ||
| P/S | 1.95 | ||
| P/FCF | N/A | ||
| P/OCF | 11.07 | ||
| P/B | 2.25 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 13.19 |
EPS(TTM)0.02
EY0.21%
EPS(NY)1.9
Fwd EY20.1%
FCF(TTM)-3.02
FCFYN/A
OCF(TTM)0.85
OCFY9.03%
SpS4.83
BVpS4.2
TBVpS3.6
PEG (NY)N/A
PEG (5Y)10.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 29.01% | ||
| ROCE | 5.15% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 4.26% | ||
| OM | 25.71% | ||
| PM (TTM) | 25.21% | ||
| GM | 54.54% | ||
| FCFM | N/A |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.43%
ROIC(5y)N/A
ROICexc(3y)10.41%
ROICexc(5y)N/A
ROICexgc(3y)10.46%
ROICexgc(5y)N/A
ROCE(3y)11.93%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y15.98%
ROICexc growth 3YN/A
ROICexc growth 5Y15.87%
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
F-Score2
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.82 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.9 | ||
| Cap/Depr | 492% | ||
| Cap/Sales | 80.04% | ||
| Interest Coverage | 1.85 | ||
| Cash Conversion | 42.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.72 |
F-Score2
WACC7.4%
ROIC/WACC0.55
Cap/Depr(3y)357.13%
Cap/Depr(5y)252.34%
Cap/Sales(3y)69.97%
Cap/Sales(5y)65.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-99.67%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-127.37%
EPS Next Y-68.44%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%53.89%
Revenue Next Year45.47%
Revenue Next 2Y36.6%
Revenue Next 3Y31.58%
Revenue Next 5YN/A
EBIT growth 1Y-41.59%
EBIT growth 3YN/A
EBIT growth 5Y15.35%
EBIT Next Year67.95%
EBIT Next 3Y22.95%
EBIT Next 5YN/A
FCF growth 1Y-427.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-54.74%
OCF growth 3YN/A
OCF growth 5Y11.04%