VAALCO ENERGY INC (EGY) Stock Fundamental Analysis
USA - NYSE:EGY - US91851C2017 - Common Stock
3.93 USD
+0.1 (+2.61%)
3.88 USD
-0.05 (-1.27%)
EGY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. EGY has an average financial health and profitability rating. EGY is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year EGY was profitable.
EGY had a positive operating cash flow in the past year.
EGY had positive earnings in 4 of the past 5 years.
Each year in the past 5 years EGY had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 3.96%, EGY perfoms like the industry average, outperforming 55.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.47%, EGY is in line with its industry, outperforming 50.72% of the companies in the same industry.
With an excellent Return On Invested Capital value of 12.38%, EGY belongs to the best of the industry, outperforming 88.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EGY is below the industry average of 21.72%.
The last Return On Invested Capital (12.38%) for EGY is well below the 3 year average (17.78%), which needs to be investigated, but indicates that EGY had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 7.47% | ||
| ROIC | 12.38% |
ROA(3y)6.43%
ROA(5y)3.25%
ROE(3y)11.67%
ROE(5y)2.67%
ROIC(3y)17.78%
ROIC(5y)18.24%
1.3 Margins
EGY has a Profit Margin (8.14%) which is in line with its industry peers.
EGY's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 26.84%, EGY is doing good in the industry, outperforming 65.07% of the companies in the same industry.
EGY's Operating Margin has improved in the last couple of years.
The Gross Margin of EGY (65.02%) is better than 72.73% of its industry peers.
EGY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.84% | ||
| PM (TTM) | 8.14% | ||
| GM | 65.02% |
OM growth 3Y-10.49%
OM growth 5Y2.58%
PM growth 3Y-33.55%
PM growth 5Y32.45%
GM growth 3Y0.33%
GM growth 5Y0.57%
2. Health
2.1 Basic Checks
EGY has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
EGY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, EGY has more shares outstanding
The debt/assets ratio for EGY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.83 indicates that EGY is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of EGY (1.83) is better than 63.16% of its industry peers.
EGY has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
EGY's Debt to Equity ratio of 0.24 is fine compared to the rest of the industry. EGY outperforms 66.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.83 |
ROIC/WACC1.45
WACC8.53%
2.3 Liquidity
A Current Ratio of 1.39 indicates that EGY should not have too much problems paying its short term obligations.
EGY's Current ratio of 1.39 is fine compared to the rest of the industry. EGY outperforms 63.16% of its industry peers.
A Quick Ratio of 1.38 indicates that EGY should not have too much problems paying its short term obligations.
EGY has a Quick ratio of 1.38. This is in the better half of the industry: EGY outperforms 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The earnings per share for EGY have decreased strongly by -55.56% in the last year.
EGY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 69.33% yearly.
EGY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.44%.
The Revenue has been growing by 41.48% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-55.56%
EPS 3Y-25.5%
EPS 5Y69.33%
EPS Q2Q%-54.55%
Revenue 1Y (TTM)-19.44%
Revenue growth 3Y34%
Revenue growth 5Y41.48%
Sales Q2Q%-17.03%
3.2 Future
The Earnings Per Share is expected to decrease by -11.96% on average over the next years. This is quite bad
The Revenue is expected to decrease by -3.77% on average over the next years.
EPS Next Y-90.6%
EPS Next 2Y-11.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-24.83%
Revenue Next 2Y-3.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
EGY is valuated correctly with a Price/Earnings ratio of 12.28.
Compared to the rest of the industry, the Price/Earnings ratio of EGY indicates a somewhat cheap valuation: EGY is cheaper than 64.59% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.10. EGY is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.79, which indicates a very decent valuation of EGY.
EGY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EGY is cheaper than 63.16% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, EGY is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.28 | ||
| Fwd PE | 11.79 |
4.2 Price Multiples
EGY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EGY is cheaper than 97.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.74 |
4.3 Compensation for Growth
EGY has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as EGY's earnings are expected to decrease with -11.96% in the coming years.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-11.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
EGY has a Yearly Dividend Yield of 6.36%, which is a nice return.
Compared to an average industry Dividend Yield of 6.13, EGY pays a bit more dividend than its industry peers.
EGY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.36% |
5.2 History
EGY has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
68.86% of the earnings are spent on dividend by EGY. This is not a sustainable payout ratio.
DP68.86%
EPS Next 2Y-11.96%
EPS Next 3YN/A
3.93
+0.1 (+2.61%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners62.05%
Inst Owner Change0.22%
Ins Owners2.7%
Ins Owner Change-0.49%
Market Cap409.74M
Revenue(TTM)469.28M
Net Income(TTM)38.20M
Analysts80
Price Target0.12 (-96.95%)
Short Float %3.82%
Short Ratio5.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.36% |
Yearly Dividend0.25
Dividend Growth(5Y)N/A
DP68.86%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)155.78%
Min EPS beat(2)15.51%
Max EPS beat(2)296.04%
EPS beat(4)3
Avg EPS beat(4)80.05%
Min EPS beat(4)-45.37%
Max EPS beat(4)296.04%
EPS beat(8)6
Avg EPS beat(8)80.91%
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)2
Avg Revenue beat(2)3.34%
Min Revenue beat(2)2.78%
Max Revenue beat(2)3.9%
Revenue beat(4)4
Avg Revenue beat(4)5.29%
Min Revenue beat(4)2.68%
Max Revenue beat(4)11.79%
Revenue beat(8)7
Avg Revenue beat(8)16.1%
Revenue beat(12)9
Avg Revenue beat(12)8.83%
Revenue beat(16)12
Avg Revenue beat(16)9.35%
PT rev (1m)-0.95%
PT rev (3m)4.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-500%
EPS NY rev (1m)0%
EPS NY rev (3m)100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.28 | ||
| Fwd PE | 11.79 | ||
| P/S | 0.87 | ||
| P/FCF | N/A | ||
| P/OCF | 2.86 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 1.74 |
EPS(TTM)0.32
EY8.14%
EPS(NY)0.33
Fwd EY8.48%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)1.38
OCFY34.99%
SpS4.5
BVpS4.91
TBVpS4.91
PEG (NY)N/A
PEG (5Y)0.18
Graham Number5.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 7.47% | ||
| ROCE | 15.67% | ||
| ROIC | 12.38% | ||
| ROICexc | 13.52% | ||
| ROICexgc | 13.52% | ||
| OM | 26.84% | ||
| PM (TTM) | 8.14% | ||
| GM | 65.02% | ||
| FCFM | N/A |
ROA(3y)6.43%
ROA(5y)3.25%
ROE(3y)11.67%
ROE(5y)2.67%
ROIC(3y)17.78%
ROIC(5y)18.24%
ROICexc(3y)20.04%
ROICexc(5y)22.91%
ROICexgc(3y)20.04%
ROICexgc(5y)22.91%
ROCE(3y)22.5%
ROCE(5y)23.09%
ROICexgc growth 3Y-31.23%
ROICexgc growth 5Y-1.04%
ROICexc growth 3Y-31.23%
ROICexc growth 5Y-1.04%
OM growth 3Y-10.49%
OM growth 5Y2.58%
PM growth 3Y-33.55%
PM growth 5Y32.45%
GM growth 3Y0.33%
GM growth 5Y0.57%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 113.11% | ||
| Cap/Sales | 34.38% | ||
| Interest Coverage | 20.9 | ||
| Cash Conversion | 53.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 1.83 |
F-Score5
WACC8.53%
ROIC/WACC1.45
Cap/Depr(3y)162.82%
Cap/Depr(5y)186.49%
Cap/Sales(3y)29.33%
Cap/Sales(5y)28.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-55.56%
EPS 3Y-25.5%
EPS 5Y69.33%
EPS Q2Q%-54.55%
EPS Next Y-90.6%
EPS Next 2Y-11.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-19.44%
Revenue growth 3Y34%
Revenue growth 5Y41.48%
Sales Q2Q%-17.03%
Revenue Next Year-24.83%
Revenue Next 2Y-3.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-38.77%
EBIT growth 3Y19.94%
EBIT growth 5Y45.13%
EBIT Next Year51.11%
EBIT Next 3Y39.19%
EBIT Next 5Y36.89%
FCF growth 1Y-5.52%
FCF growth 3Y-1.01%
FCF growth 5Y-7.92%
OCF growth 1Y4.34%
OCF growth 3Y31.41%
OCF growth 5Y33.82%
VAALCO ENERGY INC / EGY FAQ
What is the fundamental rating for EGY stock?
ChartMill assigns a fundamental rating of 5 / 10 to EGY.
What is the valuation status of VAALCO ENERGY INC (EGY) stock?
ChartMill assigns a valuation rating of 5 / 10 to VAALCO ENERGY INC (EGY). This can be considered as Fairly Valued.
How profitable is VAALCO ENERGY INC (EGY) stock?
VAALCO ENERGY INC (EGY) has a profitability rating of 6 / 10.
What is the expected EPS growth for VAALCO ENERGY INC (EGY) stock?
The Earnings per Share (EPS) of VAALCO ENERGY INC (EGY) is expected to decline by -90.6% in the next year.
How sustainable is the dividend of VAALCO ENERGY INC (EGY) stock?
The dividend rating of VAALCO ENERGY INC (EGY) is 4 / 10 and the dividend payout ratio is 68.86%.