ENLINK MIDSTREAM LLC (ENLC)
US29336T1007
ENLC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENLC while its profitability can be described as average. ENLC is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ENLC had positive earnings in the past year.
In the past year ENLC had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ENLC reported negative net income in multiple years.
Each year in the past 5 years ENLC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.48%, ENLC is doing worse than 71.83% of the companies in the same industry.
The Return On Equity of ENLC (20.60%) is better than 61.97% of its industry peers.
The Return On Invested Capital of ENLC (8.24%) is comparable to the rest of the industry.
ENLC had an Average Return On Invested Capital over the past 3 years of 6.78%. This is significantly below the industry average of 45.92%.
The last Return On Invested Capital (8.24%) for ENLC is above the 3 year average (6.78%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 20.6% | ||
| ROIC | 8.24% |
ROA(3y)2.31%
ROA(5y)-2%
ROE(3y)16.65%
ROE(5y)-6.19%
ROIC(3y)6.78%
ROIC(5y)5.75%
1.3 Margins
ENLC's Profit Margin of 2.99% is on the low side compared to the rest of the industry. ENLC is outperformed by 73.24% of its industry peers.
Looking at the Operating Margin, with a value of 10.34%, ENLC is doing worse than 71.83% of the companies in the same industry.
ENLC's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 29.62%, ENLC is not doing good in the industry: 62.91% of the companies in the same industry are doing better.
ENLC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.34% | ||
| PM (TTM) | 2.99% | ||
| GM | 29.62% |
OM growth 3Y1.09%
OM growth 5Y8.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.49%
GM growth 5Y6.17%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENLC is creating some value.
Compared to 1 year ago, ENLC has less shares outstanding
ENLC has more shares outstanding than it did 5 years ago.
ENLC has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of ENLC is 5.88, which is a neutral value as it means it would take ENLC, 5.88 years of fcf income to pay off all of its debts.
ENLC has a Debt to FCF ratio of 5.88. This is comparable to the rest of the industry: ENLC outperforms 51.64% of its industry peers.
A Debt/Equity ratio of 4.47 is on the high side and indicates that ENLC has dependencies on debt financing.
The Debt to Equity ratio of ENLC (4.47) is worse than 90.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.47 | ||
| Debt/FCF | 5.88 | ||
| Altman-Z | N/A |
ROIC/WACC1.11
WACC7.44%
2.3 Liquidity
A Current Ratio of 0.84 indicates that ENLC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.84, ENLC is doing worse than 69.95% of the companies in the same industry.
A Quick Ratio of 0.80 indicates that ENLC may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, ENLC is not doing good in the industry: 65.26% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for ENLC have decreased strongly by -41.33% in the last year.
Measured over the past years, ENLC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.64% on average per year.
Looking at the last year, ENLC shows a very negative growth in Revenue. The Revenue has decreased by -27.69% in the last year.
Measured over the past years, ENLC shows a decrease in Revenue. The Revenue has been decreasing by -2.17% on average per year.
EPS 1Y (TTM)-41.33%
EPS 3YN/A
EPS 5Y-24.64%
EPS growth Q2Q-57.58%
Revenue 1Y (TTM)-27.69%
Revenue growth 3Y21.01%
Revenue growth 5Y-2.17%
Revenue growth Q2Q-9.46%
3.2 Future
The Earnings Per Share is expected to grow by 25.55% on average over the next years. This is a very strong growth
ENLC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.16% yearly.
EPS Next Y37.1%
EPS Next 2Y32%
EPS Next 3Y25.55%
EPS Next 5YN/A
Revenue Next Year9.79%
Revenue Next 2Y5.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.57, which means the current valuation is very expensive for ENLC.
Compared to the rest of the industry, the Price/Earnings ratio of ENLC indicates a slightly more expensive valuation: ENLC is more expensive than 77.00% of the companies listed in the same industry.
ENLC's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.92.
The Price/Forward Earnings ratio is 23.02, which indicates a rather expensive current valuation of ENLC.
Based on the Price/Forward Earnings ratio, ENLC is valued a bit more expensive than 65.26% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, ENLC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.57 | ||
| Fwd PE | 23.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENLC is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ENLC is valued a bit cheaper than 71.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.1 | ||
| EV/EBITDA | 7.87 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENLC's earnings are expected to grow with 25.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y32%
EPS Next 3Y25.55%
5. Dividend
5.1 Amount
ENLC has a Yearly Dividend Yield of 3.85%. Purely for dividend investing, there may be better candidates out there.
ENLC's Dividend Yield is a higher than the industry average which is at 5.75.
Compared to an average S&P500 Dividend Yield of 2.41, ENLC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
5.2 History
The dividend of ENLC decreases each year by -13.77%.
ENLC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ENLC decreased in the last 3 years.
Dividend Growth(5Y)-13.77%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ENLC pays out 114.55% of its income as dividend. This is not a sustainable payout ratio.
DP114.55%
EPS Next 2Y32%
EPS Next 3Y25.55%
ENLINK MIDSTREAM LLC
NYSE:ENLC (4/26/2024, 7:04:00 PM)
After market: 13.89 0 (0%)13.89
+0.11 (+0.8%)
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 Cap6.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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 | 31.57 | ||
| Fwd PE | 23.02 | ||
| 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)0.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.48% | ||
| ROE | 20.6% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.34% | ||
| PM (TTM) | 2.99% | ||
| GM | 29.62% | ||
| 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 Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.8 | ||
| 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)-41.33%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y37.1%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-27.69%
Revenue growth 3Y21.01%
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