EXPAND ENERGY CORP (EXE) Stock Fundamental Analysis
NASDAQ:EXE - Nasdaq - US1651677353 - Common Stock - Currency: USD
Taking everything into account, EXE scores 3 out of 10 in our fundamental rating. EXE was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of EXE have multiple concerns. EXE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year EXE was profitable.
EXE had a positive operating cash flow in the past year.
In multiple years EXE reported negative net income over the last 5 years.
Each year in the past 5 years EXE had a positive operating cash flow.
1.2 Ratios
EXE's Return On Assets of -3.54% is on the low side compared to the rest of the industry. EXE is outperformed by 76.53% of its industry peers.
EXE has a Return On Equity of -5.75%. This is in the lower half of the industry: EXE underperforms 71.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.54% | ||
| ROE | -5.75% | ||
| ROIC | N/A |
ROA(3y)15.25%
ROA(5y)-8.99%
ROE(3y)23.95%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of EXE (63.43%) is better than 71.83% of its industry peers.
EXE's Gross Margin has declined in the last couple of years.
EXE does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 63.43% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.86%
GM growth 5Y-3.59%
2. Health
2.1 Basic Checks
EXE does not have a ROIC to compare to the WACC, probably because it is not profitable.
EXE has more shares outstanding than it did 1 year ago.
EXE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for EXE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.78, we must say that EXE is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.78, EXE is in the better half of the industry, outperforming 61.03% of the companies in the same industry.
The Debt to FCF ratio of EXE is 12.79, which is on the high side as it means it would take EXE, 12.79 years of fcf income to pay off all of its debts.
EXE has a Debt to FCF ratio (12.79) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.30 indicates that EXE is not too dependend on debt financing.
EXE has a better Debt to Equity ratio (0.30) than 61.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 12.79 | ||
| Altman-Z | 1.78 |
ROIC/WACCN/A
WACC8.85%
2.3 Liquidity
A Current Ratio of 0.59 indicates that EXE may have some problems paying its short term obligations.
With a Current ratio value of 0.59, EXE is not doing good in the industry: 80.75% of the companies in the same industry are doing better.
EXE has a Quick Ratio of 0.59. This is a bad value and indicates that EXE is not financially healthy enough and could expect problems in meeting its short term obligations.
EXE's Quick ratio of 0.59 is on the low side compared to the rest of the industry. EXE is outperformed by 75.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
EXE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.89%.
EXE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -60.58% yearly.
Looking at the last year, EXE shows a decrease in Revenue. The Revenue has decreased by -8.50% in the last year.
EXE shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -13.27% yearly.
EPS 1Y (TTM)-23.89%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%260.71%
Revenue 1Y (TTM)-8.5%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%104.66%
3.2 Future
Based on estimates for the next years, EXE will show a very strong growth in Earnings Per Share. The EPS will grow by 64.72% on average per year.
EXE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 30.99% yearly.
EPS Next Y535.59%
EPS Next 2Y197.31%
EPS Next 3Y92.02%
EPS Next 5Y64.72%
Revenue Next Year162.54%
Revenue Next 2Y73.57%
Revenue Next 3Y45.64%
Revenue Next 5Y30.99%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
EXE is valuated quite expensively with a Price/Earnings ratio of 44.32.
Based on the Price/Earnings ratio, EXE is valued a bit more expensive than the industry average as 65.73% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.65. EXE is valued rather expensively when compared to this.
EXE is valuated reasonably with a Price/Forward Earnings ratio of 10.73.
Based on the Price/Forward Earnings ratio, EXE is valued a bit cheaper than 63.85% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, EXE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.32 | ||
| Fwd PE | 10.73 |
4.2 Price Multiples
EXE's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. EXE is more expensive than 71.36% of the companies in the same industry.
EXE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.49 | ||
| EV/EBITDA | 36.34 |
4.3 Compensation for Growth
EXE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EXE's earnings are expected to grow with 92.02% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y197.31%
EPS Next 3Y92.02%
5. Dividend
5.1 Amount
EXE has a Yearly Dividend Yield of 1.90%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.42, EXE is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.44, EXE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of EXE decreases each year by -29.99%.
EXE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-29.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of EXE are negative and hence is the payout ratio. EXE will probably not be able to sustain this dividend level.
DP-45.8%
EPS Next 2Y197.31%
EPS Next 3Y92.02%
121.45
-0.6 (-0.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.84%
Inst Owner ChangeN/A
Ins Owners2.78%
Ins Owner Change26.49%
Market Cap28.90B
Analysts83.13
Price Target131.97 (8.66%)
Short Float %4.9%
Short Ratio3.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend2.14
Dividend Growth(5Y)-29.99%
DP-45.8%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.19%
Min EPS beat(2)6.21%
Max EPS beat(2)14.16%
EPS beat(4)4
Avg EPS beat(4)210.24%
Min EPS beat(4)6.21%
Max EPS beat(4)464.01%
EPS beat(8)7
Avg EPS beat(8)130.43%
EPS beat(12)11
Avg EPS beat(12)94.13%
EPS beat(16)14
Avg EPS beat(16)76.81%
Revenue beat(2)1
Avg Revenue beat(2)-6.38%
Min Revenue beat(2)-14.75%
Max Revenue beat(2)1.99%
Revenue beat(4)1
Avg Revenue beat(4)-14.4%
Min Revenue beat(4)-36.48%
Max Revenue beat(4)1.99%
Revenue beat(8)4
Avg Revenue beat(8)0.71%
Revenue beat(12)8
Avg Revenue beat(12)27.21%
Revenue beat(16)9
Avg Revenue beat(16)20.68%
PT rev (1m)4.83%
PT rev (3m)9.74%
EPS NQ rev (1m)-0.85%
EPS NQ rev (3m)9.94%
EPS NY rev (1m)0.33%
EPS NY rev (3m)59.52%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)12.44%
Revenue NY rev (1m)3.02%
Revenue NY rev (3m)16.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.32 | ||
| Fwd PE | 10.73 | ||
| P/S | 5.43 | ||
| P/FCF | 70.49 | ||
| P/OCF | 13.7 | ||
| P/B | 1.68 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 36.34 |
EPS(TTM)2.74
EY2.26%
EPS(NY)11.31
Fwd EY9.32%
FCF(TTM)1.72
FCFY1.42%
OCF(TTM)8.86
OCFY7.3%
SpS22.35
BVpS72.24
TBVpS72.24
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.54% | ||
| ROE | -5.75% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 63.43% | ||
| FCFM | 7.71% |
ROA(3y)15.25%
ROA(5y)-8.99%
ROE(3y)23.95%
ROE(5y)N/A
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.86%
GM growth 5Y-3.59%
F-Score2
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 12.79 | ||
| Debt/EBITDA | 5.64 | ||
| Cap/Depr | 83.24% | ||
| Cap/Sales | 31.94% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 226.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.78 |
F-Score2
WACC8.85%
ROIC/WACCN/A
Cap/Depr(3y)104.61%
Cap/Depr(5y)98.42%
Cap/Sales(3y)25.52%
Cap/Sales(5y)22.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.89%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%260.71%
EPS Next Y535.59%
EPS Next 2Y197.31%
EPS Next 3Y92.02%
EPS Next 5Y64.72%
Revenue 1Y (TTM)-8.5%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%104.66%
Revenue Next Year162.54%
Revenue Next 2Y73.57%
Revenue Next 3Y45.64%
Revenue Next 5Y30.99%
EBIT growth 1Y-250.13%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5364.18%
EBIT Next 3Y291.66%
EBIT Next 5Y177.56%
FCF growth 1Y-81.24%
FCF growth 3Y-80.34%
FCF growth 5YN/A
OCF growth 1Y-49.32%
OCF growth 3Y-4.34%
OCF growth 5Y-0.73%