Denbury Inc (DEN) Stock Fundamental Analysis
NYSE:DEN - New York Stock Exchange, Inc. - US24790A1016 - Common Stock - Currency: USD
Taking everything into account, DEN scores 4 out of 10 in our fundamental rating. DEN was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. DEN has an average financial health and profitability rating. While showing a medium growth rate, DEN is valued expensive at the moment.
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.
In the past 5 years DEN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 18.96%, DEN is in the better half of the industry, outperforming 78.73% of the companies in the same industry.
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.
In the last couple of years the Profit Margin of DEN has grown nicely.
DEN has a Operating Margin (32.11%) which is comparable to the rest of the industry.
DEN's Operating Margin has improved in the last couple of years.
DEN has a Gross Margin (58.91%) which is comparable to the rest of the industry.
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.
Compared to 1 year ago, DEN has about the same amount of shares outstanding.
The debt/assets ratio for DEN has been reduced compared to a year ago.
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.
DEN has a debt to FCF ratio of 3.14. This is a good value and a sign of high solvency as DEN would need 3.14 years to pay back of all of its debts.
The Debt to FCF ratio of DEN (3.14) is better than 62.44% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that DEN is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.05, DEN belongs to the best of the industry, outperforming 81.90% of the companies in the same industry.
| 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.
With a Quick ratio value of 0.71, DEN is not doing good in the industry: 71.49% of the companies in the same industry are doing better.
| 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.
The Revenue has decreased by -6.81% in the past year.
The Revenue has been growing by 8.70% on average over the past years. This is quite good.
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.
DEN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.71% yearly.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.29 indicates a correct valuation of DEN.
Compared to the rest of the industry, the Price/Earnings ratio of DEN indicates a slightly more expensive valuation: DEN is more expensive than 68.33% of the companies listed in the same industry.
DEN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
Based on the Price/Forward Earnings ratio of 13.52, the valuation of DEN can be described as correct.
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.
DEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.29 | ||
| Fwd PE | 13.52 |
4.2 Price Multiples
DEN's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, DEN is valued a bit more expensive than 67.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 168.32 | ||
| EV/EBITDA | 7.13 |
4.3 Compensation for Growth
DEN has a very decent profitability rating, which 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%