CVR ENERGY INC (CVI)

US12662P1084 - Common Stock

33.57  -0.12 (-0.36%)

After market: 33.57 0 (0%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to CVI. CVI was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. CVI has only an average score on both its financial health and profitability. CVI has a bad growth rate and is valued cheaply. These ratings could make CVI a good candidate for value investing.



6

1. Profitability

1.1 Basic Checks

In the past year CVI was profitable.
CVI had a positive operating cash flow in the past year.
Of the past 5 years CVI 4 years were profitable.
In the past 5 years CVI always reported a positive cash flow from operatings.

1.2 Ratios

CVI has a Return On Assets of 16.34%. This is amongst the best in the industry. CVI outperforms 80.28% of its industry peers.
The Return On Equity of CVI (90.79%) is better than 92.49% of its industry peers.
Looking at the Return On Invested Capital, with a value of 29.97%, CVI belongs to the top of the industry, outperforming 93.90% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CVI is significantly below the industry average of 45.80%.
The 3 year average ROIC (20.65%) for CVI is below the current ROIC(29.97%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 16.34%
ROE 90.79%
ROIC 29.97%
ROA(3y)9.41%
ROA(5y)6.3%
ROE(3y)60.84%
ROE(5y)36.93%
ROIC(3y)20.65%
ROIC(5y)N/A

1.3 Margins

CVI's Profit Margin of 8.32% is on the low side compared to the rest of the industry. CVI is outperformed by 63.85% of its industry peers.
In the last couple of years the Profit Margin of CVI has grown nicely.
CVI has a worse Operating Margin (12.16%) than 68.08% of its industry peers.
CVI's Operating Margin has improved in the last couple of years.
The Gross Margin of CVI (13.76%) is worse than 73.24% of its industry peers.
In the last couple of years the Gross Margin of CVI has remained more or less at the same level.
Industry RankSector Rank
OM 12.16%
PM (TTM) 8.32%
GM 13.76%
OM growth 3YN/A
OM growth 5Y10.01%
PM growth 3YN/A
PM growth 5Y18%
GM growth 3Y89.9%
GM growth 5Y1.2%

5

2. Health

2.1 Basic Checks

CVI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
CVI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CVI has about the same amount of shares outstanding.
CVI has a worse debt/assets ratio than last year.

2.2 Solvency

CVI has an Altman-Z score of 3.21. This indicates that CVI is financially healthy and has little risk of bankruptcy at the moment.
CVI has a Altman-Z score of 3.21. This is in the better half of the industry: CVI outperforms 74.18% of its industry peers.
The Debt to FCF ratio of CVI is 3.19, which is a good value as it means it would take CVI, 3.19 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.19, CVI is in the better half of the industry, outperforming 67.61% of the companies in the same industry.
A Debt/Equity ratio of 1.86 is on the high side and indicates that CVI has dependencies on debt financing.
With a Debt to Equity ratio value of 1.86, CVI is not doing good in the industry: 82.16% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.86
Debt/FCF 3.19
Altman-Z 3.21
ROIC/WACC4.06
WACC7.39%

2.3 Liquidity

CVI has a Current Ratio of 1.30. This is a normal value and indicates that CVI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.30, CVI is in line with its industry, outperforming 56.34% of the companies in the same industry.
CVI has a Quick Ratio of 1.30. This is a bad value and indicates that CVI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.94, CVI perfoms like the industry average, outperforming 44.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 0.94

1

3. Growth

3.1 Past

The earnings per share for CVI have decreased by -6.94% in the last year.
CVI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.92% yearly.
CVI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.14%.
The Revenue has been growing slightly by 5.36% on average over the past years.
EPS 1Y (TTM)-6.94%
EPS 3YN/A
EPS 5Y15.92%
EPS growth Q2Q-61.31%
Revenue 1Y (TTM)-15.14%
Revenue growth 3Y33.01%
Revenue growth 5Y5.36%
Revenue growth Q2Q-17.84%

3.2 Future

The Earnings Per Share is expected to decrease by -33.05% on average over the next years. This is quite bad
CVI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.86% yearly.
EPS Next Y-49.03%
EPS Next 2Y-33.05%
EPS Next 3Y-26.95%
EPS Next 5Y-33.05%
Revenue Next Year-11.58%
Revenue Next 2Y-7.22%
Revenue Next 3Y-5.86%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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.

7

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 5.96, which indicates a rather cheap valuation of CVI.
Based on the Price/Earnings ratio, CVI is valued cheaper than 83.57% of the companies in the same industry.
CVI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.25.
A Price/Forward Earnings ratio of 11.70 indicates a reasonable valuation of CVI.
CVI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CVI to the average of the S&P500 Index (21.67), we can say CVI is valued slightly cheaper.
Industry RankSector Rank
PE 5.96
Fwd PE 11.7

4.2 Price Multiples

CVI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVI is cheaper than 83.10% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CVI is valued cheaper than 87.79% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.92
EV/EBITDA 3.5

4.3 Compensation for Growth

The decent profitability rating of CVI may justify a higher PE ratio.
A cheap valuation may be justified as CVI's earnings are expected to decrease with -26.95% in the coming years.
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y-33.05%
EPS Next 3Y-26.95%

6

5. Dividend

5.1 Amount

CVI has a Yearly Dividend Yield of 6.14%, which is a nice return.
Compared to an average industry Dividend Yield of 5.79, CVI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, CVI pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.14%

5.2 History

On average, the dividend of CVI grows each year by 12.14%, which is quite nice.
CVI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)12.14%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

58.91% of the earnings are spent on dividend by CVI. This is a bit on the high side, but may be sustainable.
CVI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP58.91%
EPS Next 2Y-33.05%
EPS Next 3Y-26.95%

CVR ENERGY INC

NYSE:CVI (4/24/2024, 7:04:00 PM)

After market: 33.57 0 (0%)

33.57

-0.12 (-0.36%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.37B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 6.14%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 5.96
Fwd PE 11.7
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.37
Profitability
Industry RankSector Rank
ROA 16.34%
ROE 90.79%
ROCE
ROIC
ROICexc
ROICexgc
OM 12.16%
PM (TTM) 8.32%
GM 13.76%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.96
Health
Industry RankSector Rank
Debt/Equity 1.86
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.3
Quick Ratio 0.94
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-6.94%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-49.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-15.14%
Revenue growth 3Y33.01%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y