Denbury Inc (DEN) Stock Fundamental Analysis
NYSE:DEN - New York Stock Exchange, Inc. - US24790A1016 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to DEN. DEN was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. DEN has an average financial health and profitability rating. DEN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
DEN had positive earnings in the past year.
In the past year DEN had a positive cash flow from operations.
Of the past 5 years DEN 4 years were profitable.
DEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of DEN (18.96%) is better than 78.73% of its industry peers.
DEN has a Return On Equity of 28.35%. This is in the better half of the industry: DEN outperforms 67.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 16.85%, DEN is in the better half of the industry, outperforming 69.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.96% | ||
| ROE | 28.35% | ||
| ROIC | 16.85% |
ROA(3y)-22.38%
ROA(5y)-11.14%
ROE(3y)-34.82%
ROE(5y)-12.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DEN has a better Profit Margin (32.33%) than 68.33% of its industry peers.
DEN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 32.11%, DEN is in line with its industry, outperforming 51.58% of the companies in the same industry.
DEN's Operating Margin has improved in the last couple of years.
DEN has a Gross Margin (58.91%) which is in line with its industry peers.
DEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.11% | ||
| PM (TTM) | 32.33% | ||
| GM | 58.91% |
OM growth 3Y17.8%
OM growth 5Y16.83%
PM growth 3Y18.05%
PM growth 5Y14.16%
GM growth 3Y2.24%
GM growth 5Y1.99%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DEN is creating value.
DEN has about the same amout of shares outstanding than it did 1 year ago.
DEN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.78 indicates that DEN is not in any danger for bankruptcy at the moment.
DEN has a Altman-Z score of 4.78. This is amongst the best in the industry. DEN outperforms 88.24% of its industry peers.
The Debt to FCF ratio of DEN is 3.14, which is a good value as it means it would take DEN, 3.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.14, DEN is in the better half of the industry, outperforming 62.44% of the companies in the same industry.
DEN has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
DEN's Debt to Equity ratio of 0.05 is amongst the best of the industry. DEN outperforms 81.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 3.14 | ||
| Altman-Z | 4.78 |
ROIC/WACC1.81
WACC9.3%
2.3 Liquidity
DEN has a Current Ratio of 0.71. This is a bad value and indicates that DEN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DEN (0.71) is worse than 76.47% of its industry peers.
DEN has a Quick Ratio of 0.71. This is a bad value and indicates that DEN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.71, DEN is doing worse than 71.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.85% over the past year.
Measured over the past years, DEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 117.15% on average per year.
Looking at the last year, DEN shows a decrease in Revenue. The Revenue has decreased by -6.81% in the last year.
Measured over the past years, DEN shows a quite strong growth in Revenue. The Revenue has been growing by 8.70% on average per year.
EPS 1Y (TTM)18.85%
EPS 3Y156.62%
EPS 5Y117.15%
EPS Q2Q%-37.28%
Revenue 1Y (TTM)-6.81%
Revenue growth 3Y10.38%
Revenue growth 5Y8.7%
Sales Q2Q%-31.77%
3.2 Future
DEN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.56% yearly.
The Revenue is expected to decrease by -4.71% on average over the next years.
EPS Next Y-18.87%
EPS Next 2Y-1.49%
EPS Next 3Y0.56%
EPS Next 5YN/A
Revenue Next Year-16.98%
Revenue Next 2Y-4.58%
Revenue Next 3Y-4.71%
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.
4. Valuation
4.1 Price/Earnings Ratio
DEN is valuated correctly with a Price/Earnings ratio of 15.29.
Based on the Price/Earnings ratio, DEN is valued a bit more expensive than 68.33% of the companies in the same industry.
DEN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.93.
A Price/Forward Earnings ratio of 13.52 indicates a correct valuation of DEN.
Based on the Price/Forward Earnings ratio, DEN is valued a bit more expensive than the industry average as 60.18% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.78, DEN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.29 | ||
| Fwd PE | 13.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DEN is on the same level as its industry peers.
67.42% of the companies in the same industry are cheaper than DEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 168.32 | ||
| EV/EBITDA | 7.13 |
4.3 Compensation for Growth
The decent profitability rating of DEN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-1.49%
EPS Next 3Y0.56%
5. Dividend
5.1 Amount
DEN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
88.66
-0.23 (-0.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners94.15%
Inst Owner ChangeN/A
Ins Owners3.24%
Ins Owner Change0%
Market Cap4.56B
Analysts69.09
Price Target92.57 (4.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.19
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.15%
Min EPS beat(2)-16.05%
Max EPS beat(2)-4.26%
EPS beat(4)0
Avg EPS beat(4)-8.28%
Min EPS beat(4)-16.05%
Max EPS beat(4)-1.9%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.12%
Min Revenue beat(2)-6.25%
Max Revenue beat(2)-1.99%
Revenue beat(4)1
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-6.25%
Max Revenue beat(4)9.26%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.57%
PT rev (3m)-4.77%
EPS NQ rev (1m)1.66%
EPS NQ rev (3m)5.35%
EPS NY rev (1m)2.32%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)1.14%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.29 | ||
| Fwd PE | 13.52 | ||
| P/S | 3.06 | ||
| P/FCF | 168.32 | ||
| P/OCF | 8.92 | ||
| P/B | 2.68 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 7.13 |
EPS(TTM)5.8
EY6.54%
EPS(NY)6.56
Fwd EY7.4%
FCF(TTM)0.53
FCFY0.59%
OCF(TTM)9.94
OCFY11.22%
SpS28.97
BVpS33.06
TBVpS31.6
PEG (NY)N/A
PEG (5Y)0.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.96% | ||
| ROE | 28.35% | ||
| ROCE | 21.32% | ||
| ROIC | 16.85% | ||
| ROICexc | 16.85% | ||
| ROICexgc | 17.44% | ||
| OM | 32.11% | ||
| PM (TTM) | 32.33% | ||
| GM | 58.91% | ||
| FCFM | 1.82% |
ROA(3y)-22.38%
ROA(5y)-11.14%
ROE(3y)-34.82%
ROE(5y)-12.17%
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 3Y70.78%
ROICexcg growth 5Y47.49%
ROICexc growth 3Y68.77%
ROICexc growth 5Y46.29%
OM growth 3Y17.8%
OM growth 5Y16.83%
PM growth 3Y18.05%
PM growth 5Y14.16%
GM growth 3Y2.24%
GM growth 5Y1.99%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 3.14 | ||
| Debt/EBITDA | 0.13 | ||
| Cap/Depr | 280.87% | ||
| Cap/Sales | 32.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.56% | ||
| Profit Quality | 5.62% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 4.78 |
F-Score6
WACC9.3%
ROIC/WACC1.81
Cap/Depr(3y)158.04%
Cap/Depr(5y)151.85%
Cap/Sales(3y)19.71%
Cap/Sales(5y)21.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.85%
EPS 3Y156.62%
EPS 5Y117.15%
EPS Q2Q%-37.28%
EPS Next Y-18.87%
EPS Next 2Y-1.49%
EPS Next 3Y0.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.81%
Revenue growth 3Y10.38%
Revenue growth 5Y8.7%
Sales Q2Q%-31.77%
Revenue Next Year-16.98%
Revenue Next 2Y-4.58%
Revenue Next 3Y-4.71%
Revenue Next 5YN/A
EBIT growth 1Y-31.15%
EBIT growth 3Y30.03%
EBIT growth 5Y27%
EBIT Next Year-9.15%
EBIT Next 3Y3.3%
EBIT Next 5Y11.21%
FCF growth 1Y-76.64%
FCF growth 3Y-16.03%
FCF growth 5YN/A
OCF growth 1Y127.99%
OCF growth 3Y1.76%
OCF growth 5Y14.28%