DEVON ENERGY CORP (DY6.DE) Stock Fundamental Analysis
FRA:DY6 - Deutsche Boerse Ag - US25179M1036 - Common Stock - Currency: EUR
Overall DY6 gets a fundamental rating of 4 out of 10. We evaluated DY6 against 62 industry peers in the Oil, Gas & Consumable Fuels industry. DY6 has an excellent profitability rating, but there are concerns on its financial health. DY6 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DY6 was profitable.
DY6 had a positive operating cash flow in the past year.
DY6 had positive earnings in 4 of the past 5 years.
In the past 5 years DY6 always reported a positive cash flow from operatings.
1.2 Ratios
DY6 has a Return On Assets of 9.02%. This is in the better half of the industry: DY6 outperforms 75.81% of its industry peers.
DY6's Return On Equity of 19.17% is fine compared to the rest of the industry. DY6 outperforms 67.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.88%, DY6 is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
DY6 had an Average Return On Invested Capital over the past 3 years of 20.63%. This is significantly above the industry average of 15.28%.
The 3 year average ROIC (20.63%) for DY6 is well above the current ROIC(12.88%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.02% | ||
| ROE | 19.17% | ||
| ROIC | 12.88% |
ROA(3y)16.63%
ROA(5y)7.21%
ROE(3y)34.79%
ROE(5y)8.28%
ROIC(3y)20.63%
ROIC(5y)N/A
1.3 Margins
DY6's Profit Margin of 16.61% is fine compared to the rest of the industry. DY6 outperforms 66.13% of its industry peers.
DY6's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 26.00%, DY6 is doing good in the industry, outperforming 62.90% of the companies in the same industry.
In the last couple of years the Operating Margin of DY6 has grown nicely.
DY6 has a Gross Margin (49.75%) which is comparable to the rest of the industry.
DY6's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26% | ||
| PM (TTM) | 16.61% | ||
| GM | 49.75% |
OM growth 3Y-0.73%
OM growth 5Y55.24%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y1.47%
GM growth 5Y-9.16%
2. Health
2.1 Basic Checks
DY6 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, DY6 has more shares outstanding
The number of shares outstanding for DY6 has been increased compared to 5 years ago.
Compared to 1 year ago, DY6 has a worse debt to assets ratio.
2.2 Solvency
DY6 has an Altman-Z score of 2.21. This is not the best score and indicates that DY6 is in the grey zone with still only limited risk for bankruptcy at the moment.
DY6 has a Altman-Z score (2.21) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.58 indicates that DY6 is somewhat dependend on debt financing.
DY6's Debt to Equity ratio of 0.58 is on the low side compared to the rest of the industry. DY6 is outperformed by 62.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.21 |
ROIC/WACC1.28
WACC10.05%
2.3 Liquidity
DY6 has a Current Ratio of 1.08. This is a normal value and indicates that DY6 is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.08, DY6 is not doing good in the industry: 72.58% of the companies in the same industry are doing better.
DY6 has a Quick Ratio of 1.08. This is a bad value and indicates that DY6 is not financially healthy enough and could expect problems in meeting its short term obligations.
DY6 has a Quick ratio of 0.99. This is in the lower half of the industry: DY6 underperforms 62.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The earnings per share for DY6 have decreased by -9.63% in the last year.
The Earnings Per Share has been growing by 31.25% on average over the past years. This is a very strong growth
The Revenue for DY6 has decreased by -10.92% in the past year. This is quite bad
DY6 shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.71% yearly.
EPS 1Y (TTM)-9.63%
EPS 3Y11.12%
EPS 5Y31.25%
EPS Q2Q%4.31%
Revenue 1Y (TTM)-10.92%
Revenue growth 3Y9.3%
Revenue growth 5Y20.71%
Sales Q2Q%23.8%
3.2 Future
The Earnings Per Share is expected to grow by 1.95% on average over the next years.
The Revenue is expected to grow by 2.54% on average over the next years.
EPS Next Y-9.16%
EPS Next 2Y-2.84%
EPS Next 3Y1.73%
EPS Next 5Y1.95%
Revenue Next Year5.07%
Revenue Next 2Y2.3%
Revenue Next 3Y2.54%
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
The Price/Earnings ratio is 6.81, which indicates a rather cheap valuation of DY6.
Based on the Price/Earnings ratio, DY6 is valued a bit cheaper than 72.58% of the companies in the same industry.
DY6 is valuated cheaply when we compare the Price/Earnings ratio to 25.05, which is the current average of the S&P500 Index.
DY6 is valuated cheaply with a Price/Forward Earnings ratio of 7.29.
DY6's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DY6 is cheaper than 70.97% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.07, DY6 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 7.29 |
4.2 Price Multiples
61.29% of the companies in the same industry are more expensive than DY6, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.8 |
4.3 Compensation for Growth
DY6 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-2.84%
EPS Next 3Y1.73%
5. Dividend
5.1 Amount
DY6 has a Yearly Dividend Yield of 3.01%.
Compared to an average industry Dividend Yield of 57.05, DY6 is paying slightly less dividend.
DY6's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
The dividend of DY6 is nicely growing with an annual growth rate of 34.02%!
Dividend Growth(5Y)34.02%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DY6 pays out 28.72% of its income as dividend. This is a sustainable payout ratio.
The dividend of DY6 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.72%
EPS Next 2Y-2.84%
EPS Next 3Y1.73%
FRA:DY6 (5/15/2025, 7:00:00 PM)
29.63
-0.89 (-2.9%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners75.02%
Inst Owner ChangeN/A
Ins Owners0.43%
Ins Owner ChangeN/A
Market Cap19.06B
Analysts78.24
Price Target40.69 (37.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend1.29
Dividend Growth(5Y)34.02%
DP28.72%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.1%
Min EPS beat(2)-4.28%
Max EPS beat(2)14.49%
EPS beat(4)2
Avg EPS beat(4)5.17%
Min EPS beat(4)-4.28%
Max EPS beat(4)14.49%
EPS beat(8)4
Avg EPS beat(8)3.4%
EPS beat(12)7
Avg EPS beat(12)2.94%
EPS beat(16)11
Avg EPS beat(16)5.09%
Revenue beat(2)2
Avg Revenue beat(2)1.9%
Min Revenue beat(2)0.2%
Max Revenue beat(2)3.6%
Revenue beat(4)3
Avg Revenue beat(4)2.48%
Min Revenue beat(4)-0.38%
Max Revenue beat(4)6.51%
Revenue beat(8)6
Avg Revenue beat(8)1.75%
Revenue beat(12)9
Avg Revenue beat(12)2.61%
Revenue beat(16)12
Avg Revenue beat(16)2.98%
PT rev (1m)-13.15%
PT rev (3m)-16.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.47%
EPS NY rev (1m)-8.71%
EPS NY rev (3m)-9.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)-3.54%
Revenue NY rev (3m)-3.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 7.29 | ||
| P/S | 1.27 | ||
| P/FCF | N/A | ||
| P/OCF | 3.14 | ||
| P/B | 1.47 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 3.8 |
EPS(TTM)4.35
EY14.68%
EPS(NY)4.07
Fwd EY13.72%
FCF(TTM)-0.96
FCFYN/A
OCF(TTM)9.43
OCFY31.83%
SpS23.28
BVpS20.16
TBVpS19.12
PEG (NY)N/A
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.02% | ||
| ROE | 19.17% | ||
| ROCE | 15.99% | ||
| ROIC | 12.88% | ||
| ROICexc | 13.47% | ||
| ROICexgc | 13.87% | ||
| OM | 26% | ||
| PM (TTM) | 16.61% | ||
| GM | 49.75% | ||
| FCFM | N/A |
ROA(3y)16.63%
ROA(5y)7.21%
ROE(3y)34.79%
ROE(5y)8.28%
ROIC(3y)20.63%
ROIC(5y)N/A
ROICexc(3y)21.8%
ROICexc(5y)N/A
ROICexgc(3y)22.62%
ROICexgc(5y)N/A
ROCE(3y)25.62%
ROCE(5y)N/A
ROICexcg growth 3Y-9.4%
ROICexcg growth 5Y53.9%
ROICexc growth 3Y-8.79%
ROICexc growth 5Y55.35%
OM growth 3Y-0.73%
OM growth 5Y55.24%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y1.47%
GM growth 5Y-9.16%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.08 | ||
| Cap/Depr | 217.5% | ||
| Cap/Sales | 44.61% | ||
| Interest Coverage | 9.43 | ||
| Cash Conversion | 87.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.21 |
F-Score5
WACC10.05%
ROIC/WACC1.28
Cap/Depr(3y)204.69%
Cap/Depr(5y)159.27%
Cap/Sales(3y)33.12%
Cap/Sales(5y)27.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.63%
EPS 3Y11.12%
EPS 5Y31.25%
EPS Q2Q%4.31%
EPS Next Y-9.16%
EPS Next 2Y-2.84%
EPS Next 3Y1.73%
EPS Next 5Y1.95%
Revenue 1Y (TTM)-10.92%
Revenue growth 3Y9.3%
Revenue growth 5Y20.71%
Sales Q2Q%23.8%
Revenue Next Year5.07%
Revenue Next 2Y2.3%
Revenue Next 3Y2.54%
Revenue Next 5YN/A
EBIT growth 1Y-24.78%
EBIT growth 3Y8.5%
EBIT growth 5Y87.39%
EBIT Next Year92.9%
EBIT Next 3Y23.9%
EBIT Next 5Y16.44%
FCF growth 1Y-124.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-18.71%
OCF growth 3Y10.44%
OCF growth 5Y26.09%