ECOPETROL SA-SPONSORED ADR (EC)
US2791581091 - ADR
EC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 216 industry peers in the Oil, Gas & Consumable Fuels industry. EC has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, EC is valued expensive at the moment. EC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
Each year in the past 5 years EC has been profitable.
Each year in the past 5 years EC had a positive operating cash flow.
1.2 Ratios
EC has a Return On Assets of 8.91%. This is comparable to the rest of the industry: EC outperforms 54.84% of its industry peers.
EC has a Return On Equity of 34.89%. This is in the better half of the industry: EC outperforms 76.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 16.24%, EC is in the better half of the industry, outperforming 71.89% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EC is significantly below the industry average of 56.99%.
The last Return On Invested Capital (16.24%) for EC is above the 3 year average (10.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.91% | ||
| ROE | 34.89% | ||
| ROIC | 16.24% |
ROA(3y)6.32%
ROA(5y)7.58%
ROE(3y)21.07%
ROE(5y)21.38%
ROIC(3y)10.16%
ROIC(5y)11.59%
1.3 Margins
EC has a Profit Margin (16.71%) which is in line with its industry peers.
EC's Profit Margin has improved in the last couple of years.
EC has a Operating Margin (34.17%) which is comparable to the rest of the industry.
EC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.67%, EC is in line with its industry, outperforming 43.78% of the companies in the same industry.
In the last couple of years the Gross Margin of EC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.17% | ||
| PM (TTM) | 16.71% | ||
| GM | 40.67% |
OM growth 3Y8%
OM growth 5Y8.87%
PM growth 3Y3.85%
PM growth 5Y11.8%
GM growth 3Y6.31%
GM growth 5Y5.76%
2. Health
2.1 Basic Checks
The number of shares outstanding for EC remains at a similar level compared to 1 year ago.
The number of shares outstanding for EC remains at a similar level compared to 5 years ago.
EC has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of EC is 15.76, which is on the high side as it means it would take EC, 15.76 years of fcf income to pay off all of its debts.
EC has a worse Debt to FCF ratio (15.76) than 64.52% of its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that EC has dependencies on debt financing.
EC has a Debt to Equity ratio of 1.22. This is in the lower half of the industry: EC underperforms 75.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 15.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.21 indicates that EC should not have too much problems paying its short term obligations.
EC has a Current ratio (1.21) which is comparable to the rest of the industry.
A Quick Ratio of 1.05 indicates that EC should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.05, EC perfoms like the industry average, outperforming 52.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The earnings per share for EC have decreased by -3.03% in the last year.
EC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.23% yearly.
EC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.88%.
EC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.63% yearly.
EPS 1Y (TTM)-3.03%
EPS 3Y36.1%
EPS 5Y38.23%
EPS growth Q2Q-60.96%
Revenue 1Y (TTM)18.88%
Revenue growth 3Y31.06%
Revenue growth 5Y23.63%
Revenue growth Q2Q-21.84%
3.2 Future
Based on estimates for the next years, EC will show a very negative growth in Earnings Per Share. The EPS will decrease by -20.11% on average per year.
Based on estimates for the next years, EC will show a decrease in Revenue. The Revenue will decrease by -4.43% on average per year.
EPS Next Y-45.42%
EPS Next 2Y-22.54%
EPS Next 3Y-20.11%
EPS Next 5YN/A
Revenue Next Year-13.6%
Revenue Next 2Y-3.94%
Revenue Next 3Y-4.43%
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
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
EC has a very decent profitability rating, which may justify a higher PE ratio.
EC's earnings are expected to decrease with -20.11% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-22.54%
EPS Next 3Y-20.11%
5. Dividend
5.1 Amount
EC has a Yearly Dividend Yield of 24.06%, which is a nice return.
EC's Dividend Yield is rather good when compared to the industry average which is at 6.85. EC pays more dividend than 99.08% of the companies in the same industry.
EC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 24.06% |
5.2 History
On average, the dividend of EC grows each year by 54.76%, which is quite nice.
EC has paid a dividend for at least 10 years, which is a reliable track record.
EC has decreased its dividend recently.
Dividend Growth(5Y)54.76%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
EC pays out 38.11% of its income as dividend. This is a sustainable payout ratio.
DP38.11%
EPS Next 2Y-22.54%
EPS Next 3Y-20.11%
ECOPETROL SA-SPONSORED ADR
NYSE:EC (12/8/2023, 7:04:00 PM)
After market: 12.63 -0.09 (-0.71%)12.72
+0.35 (+2.83%)
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 Cap26.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 24.06% |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.91% | ||
| ROE | 34.89% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 34.17% | ||
| PM (TTM) | 16.71% | ||
| GM | 40.67% | ||
| 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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.05 | ||
| 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)-3.03%
EPS 3Y36.1%
EPS 5Y
EPS growth Q2Q
EPS Next Y-45.42%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)18.88%
Revenue growth 3Y31.06%
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