CONOCOPHILLIPS (COP) Stock Fundamental Analysis
USA - NYSE:COP - US20825C1045 - Common Stock
86.83 USD
+1.17 (+1.37%)
87.33 USD
+0.5 (+0.58%)
We assign a fundamental rating of 5 out of 10 to COP. COP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of COP get a neutral evaluation. Nothing too spectacular is happening here. COP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
COP had positive earnings in the past year.
In the past year COP had a positive cash flow from operations.
COP had positive earnings in 4 of the past 5 years.
COP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.47%, COP is in the better half of the industry, outperforming 78.10% of the companies in the same industry.
The Return On Equity of COP (13.96%) is better than 72.38% of its industry peers.
COP's Return On Invested Capital of 7.71% is fine compared to the rest of the industry. COP outperforms 69.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for COP is significantly below the industry average of 21.78%.
The last Return On Invested Capital (7.71%) for COP is well below the 3 year average (13.48%), which needs to be investigated, but indicates that COP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.47% | ||
| ROE | 13.96% | ||
| ROIC | 7.71% |
ROA(3y)12.91%
ROA(5y)8.66%
ROE(3y)25.06%
ROE(5y)16.77%
ROIC(3y)13.48%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 15.84%, COP is doing good in the industry, outperforming 67.14% of the companies in the same industry.
COP's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 22.09%, COP perfoms like the industry average, outperforming 59.05% of the companies in the same industry.
In the last couple of years the Operating Margin of COP has remained more or less at the same level.
COP has a Gross Margin (46.81%) which is in line with its industry peers.
In the last couple of years the Gross Margin of COP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.09% | ||
| PM (TTM) | 15.84% | ||
| GM | 46.81% |
OM growth 3Y-5.12%
OM growth 5Y1.4%
PM growth 3Y-1.44%
PM growth 5Y-5.35%
GM growth 3Y-0.54%
GM growth 5Y0.01%
2. Health
2.1 Basic Checks
COP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for COP has been increased compared to 1 year ago.
Compared to 5 years ago, COP has more shares outstanding
COP has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.74 indicates that COP is not a great score, but indicates only limited risk for bankruptcy at the moment.
COP has a better Altman-Z score (2.74) than 78.10% of its industry peers.
COP has a debt to FCF ratio of 3.40. This is a good value and a sign of high solvency as COP would need 3.40 years to pay back of all of its debts.
COP has a better Debt to FCF ratio (3.40) than 73.81% of its industry peers.
COP has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.35, COP is in line with its industry, outperforming 57.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.4 | ||
| Altman-Z | 2.74 |
ROIC/WACC0.99
WACC7.78%
2.3 Liquidity
A Current Ratio of 1.27 indicates that COP should not have too much problems paying its short term obligations.
COP has a Current ratio (1.27) which is comparable to the rest of the industry.
COP has a Quick Ratio of 1.10. This is a normal value and indicates that COP is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.10, COP perfoms like the industry average, outperforming 57.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The earnings per share for COP have decreased strongly by -13.31% in the last year.
The Earnings Per Share has been growing by 16.70% on average over the past years. This is quite good.
COP shows a decrease in Revenue. In the last year, the revenue decreased by -2.49%.
Measured over the past years, COP shows a quite strong growth in Revenue. The Revenue has been growing by 11.04% on average per year.
EPS 1Y (TTM)-13.31%
EPS 3Y9%
EPS 5Y16.7%
EPS Q2Q%-9.55%
Revenue 1Y (TTM)-2.49%
Revenue growth 3Y6.11%
Revenue growth 5Y11.04%
Sales Q2Q%14.1%
3.2 Future
Based on estimates for the next years, COP will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.28% on average per year.
Based on estimates for the next years, COP will show a small growth in Revenue. The Revenue will grow by 4.61% on average per year.
EPS Next Y-16.99%
EPS Next 2Y-8.38%
EPS Next 3Y1.92%
EPS Next 5Y8.28%
Revenue Next Year6.93%
Revenue Next 2Y1.39%
Revenue Next 3Y3.35%
Revenue Next 5Y4.61%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.23, COP is valued correctly.
64.29% of the companies in the same industry are more expensive than COP, based on the Price/Earnings ratio.
COP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
Based on the Price/Forward Earnings ratio of 13.31, the valuation of COP can be described as correct.
COP's Price/Forward Earnings ratio is in line with the industry average.
COP is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.23 | ||
| Fwd PE | 13.31 |
4.2 Price Multiples
COP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. COP is cheaper than 73.33% of the companies in the same industry.
COP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.66 | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
COP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y-8.38%
EPS Next 3Y1.92%
5. Dividend
5.1 Amount
COP has a Yearly Dividend Yield of 3.56%.
Compared to an average industry Dividend Yield of 6.76, COP has a dividend in line with its industry peers.
COP's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
5.2 History
The dividend of COP is nicely growing with an annual growth rate of 17.10%!
COP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
41.38% of the earnings are spent on dividend by COP. This is a bit on the high side, but may be sustainable.
COP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP41.38%
EPS Next 2Y-8.38%
EPS Next 3Y1.92%
86.83
+1.17 (+1.37%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners83.63%
Inst Owner Change-0.37%
Ins Owners0.07%
Ins Owner Change0%
Market Cap108.45B
Revenue(TTM)54.74B
Net Income(TTM)9.16B
Analysts80.59
Price Target116.67 (34.37%)
Short Float %1.05%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
Yearly Dividend2.97
Dividend Growth(5Y)17.1%
DP41.38%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.26%
Min EPS beat(2)0.59%
Max EPS beat(2)1.92%
EPS beat(4)4
Avg EPS beat(4)4.18%
Min EPS beat(4)0.59%
Max EPS beat(4)7.4%
EPS beat(8)6
Avg EPS beat(8)3.97%
EPS beat(12)8
Avg EPS beat(12)3.22%
EPS beat(16)12
Avg EPS beat(16)4.17%
Revenue beat(2)1
Avg Revenue beat(2)1.51%
Min Revenue beat(2)-3.36%
Max Revenue beat(2)6.38%
Revenue beat(4)2
Avg Revenue beat(4)0.28%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)6.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.91%
Revenue beat(12)4
Avg Revenue beat(12)-0.82%
Revenue beat(16)8
Avg Revenue beat(16)0.97%
PT rev (1m)-2.01%
PT rev (3m)-1.06%
EPS NQ rev (1m)0.07%
EPS NQ rev (3m)0.25%
EPS NY rev (1m)0.81%
EPS NY rev (3m)-2.6%
Revenue NQ rev (1m)-1.22%
Revenue NQ rev (3m)-2.41%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.23 | ||
| Fwd PE | 13.31 | ||
| P/S | 1.88 | ||
| P/FCF | 15.66 | ||
| P/OCF | 5.47 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 5.33 |
EPS(TTM)7.1
EY8.18%
EPS(NY)6.52
Fwd EY7.51%
FCF(TTM)5.54
FCFY6.38%
OCF(TTM)15.87
OCFY18.28%
SpS46.28
BVpS52.5
TBVpS52.5
PEG (NY)N/A
PEG (5Y)0.73
Graham Number91.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.47% | ||
| ROE | 13.96% | ||
| ROCE | 11.44% | ||
| ROIC | 7.71% | ||
| ROICexc | 8.1% | ||
| ROICexgc | 8.1% | ||
| OM | 22.09% | ||
| PM (TTM) | 15.84% | ||
| GM | 46.81% | ||
| FCFM | 11.98% |
ROA(3y)12.91%
ROA(5y)8.66%
ROE(3y)25.06%
ROE(5y)16.77%
ROIC(3y)13.48%
ROIC(5y)N/A
ROICexc(3y)14.87%
ROICexc(5y)N/A
ROICexgc(3y)14.87%
ROICexgc(5y)N/A
ROCE(3y)19.99%
ROCE(5y)N/A
ROICexgc growth 3Y-10.62%
ROICexgc growth 5Y-0.85%
ROICexc growth 3Y-10.62%
ROICexc growth 5Y-0.85%
OM growth 3Y-5.12%
OM growth 5Y1.4%
PM growth 3Y-1.44%
PM growth 5Y-5.35%
GM growth 3Y-0.54%
GM growth 5Y0.01%
F-Score4
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.4 | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 121.24% | ||
| Cap/Sales | 22.31% | ||
| Interest Coverage | 17.56 | ||
| Cash Conversion | 84.68% | ||
| Profit Quality | 75.61% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 2.74 |
F-Score4
WACC7.78%
ROIC/WACC0.99
Cap/Depr(3y)132.54%
Cap/Depr(5y)111.38%
Cap/Sales(3y)18.37%
Cap/Sales(5y)18.37%
Profit Quality(3y)88.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.31%
EPS 3Y9%
EPS 5Y16.7%
EPS Q2Q%-9.55%
EPS Next Y-16.99%
EPS Next 2Y-8.38%
EPS Next 3Y1.92%
EPS Next 5Y8.28%
Revenue 1Y (TTM)-2.49%
Revenue growth 3Y6.11%
Revenue growth 5Y11.04%
Sales Q2Q%14.1%
Revenue Next Year6.93%
Revenue Next 2Y1.39%
Revenue Next 3Y3.35%
Revenue Next 5Y4.61%
EBIT growth 1Y-14.91%
EBIT growth 3Y0.67%
EBIT growth 5Y12.6%
EBIT Next Year68.03%
EBIT Next 3Y22.65%
EBIT Next 5Y13.33%
FCF growth 1Y-49.61%
FCF growth 3Y-11.81%
FCF growth 5Y12.37%
OCF growth 1Y-19.39%
OCF growth 3Y5.79%
OCF growth 5Y12.63%
CONOCOPHILLIPS / COP FAQ
What is the ChartMill fundamental rating of CONOCOPHILLIPS (COP) stock?
ChartMill assigns a fundamental rating of 5 / 10 to COP.
What is the valuation status of CONOCOPHILLIPS (COP) stock?
ChartMill assigns a valuation rating of 5 / 10 to CONOCOPHILLIPS (COP). This can be considered as Fairly Valued.
How profitable is CONOCOPHILLIPS (COP) stock?
CONOCOPHILLIPS (COP) has a profitability rating of 6 / 10.
What is the valuation of CONOCOPHILLIPS based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CONOCOPHILLIPS (COP) is 12.23 and the Price/Book (PB) ratio is 1.65.
What is the financial health of CONOCOPHILLIPS (COP) stock?
The financial health rating of CONOCOPHILLIPS (COP) is 5 / 10.