EXPAND ENERGY CORP (EXE) Stock Fundamental Analysis
NASDAQ:EXE - US1651677353 - Common Stock
94.62 USD
-0.04 (-0.04%)
94.65 USD
+0.03 (+0.03%)
Taking everything into account, EXE scores 4 out of 10 in our fundamental rating. EXE was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of EXE have multiple concerns. EXE is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year EXE was profitable.
In the past year EXE had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: EXE reported negative net income in multiple years.
EXE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
EXE has a Return On Assets of 0.74%. This is in the lower half of the industry: EXE underperforms 63.94% of its industry peers.
Looking at the Return On Equity, with a value of 1.15%, EXE is doing worse than 63.94% of the companies in the same industry.
EXE has a Return On Invested Capital of 1.33%. This is in the lower half of the industry: EXE underperforms 72.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 1.15% | ||
| ROIC | 1.33% |
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
EXE has a Profit Margin of 2.42%. This is in the lower half of the industry: EXE underperforms 60.10% of its industry peers.
EXE's Operating Margin of 5.02% is on the low side compared to the rest of the industry. EXE is outperformed by 68.27% of its industry peers.
EXE has a Gross Margin of 70.75%. This is amongst the best in the industry. EXE outperforms 81.25% of its industry peers.
EXE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.02% | ||
| PM (TTM) | 2.42% | ||
| GM | 70.75% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EXE is destroying value.
EXE has more shares outstanding than it did 1 year ago.
EXE has more shares outstanding than it did 5 years ago.
EXE has a worse debt/assets ratio than last year.
2.2 Solvency
EXE has an Altman-Z score of 1.92. This is not the best score and indicates that EXE is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.92, EXE is in the better half of the industry, outperforming 66.83% of the companies in the same industry.
EXE has a debt to FCF ratio of 4.39. This is a neutral value as EXE would need 4.39 years to pay back of all of its debts.
EXE's Debt to FCF ratio of 4.39 is fine compared to the rest of the industry. EXE outperforms 67.31% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that EXE is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.29, EXE is doing good in the industry, outperforming 64.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.39 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.15
WACC8.71%
2.3 Liquidity
EXE has a Current Ratio of 0.78. 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 has a Current ratio of 0.78. This is in the lower half of the industry: EXE underperforms 70.19% of its industry peers.
EXE has a Quick Ratio of 0.78. This is a bad value and indicates that EXE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.78, EXE is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
EXE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.96%, which is quite impressive.
The earnings per share for EXE have been decreasing by -60.58% on average. This is quite bad
The Revenue has grown by 73.62% in the past year. This is a very strong growth!
The Revenue for EXE have been decreasing by -13.27% on average. This is quite bad
EPS 1Y (TTM)28.96%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%10900%
Revenue 1Y (TTM)73.62%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%630.69%
3.2 Future
The Earnings Per Share is expected to grow by 63.56% on average over the next years. This is a very strong growth
Based on estimates for the next years, EXE will show a very strong growth in Revenue. The Revenue will grow by 30.86% on average per year.
EPS Next Y426.48%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
EPS Next 5Y63.56%
Revenue Next Year162.42%
Revenue Next 2Y72.3%
Revenue Next 3Y43.76%
Revenue Next 5Y30.86%
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
A Price/Earnings ratio of 24.70 indicates a rather expensive valuation of EXE.
The rest of the industry has a similar Price/Earnings ratio as EXE.
Compared to an average S&P500 Price/Earnings ratio of 27.03, EXE is valued at the same level.
Based on the Price/Forward Earnings ratio of 8.14, the valuation of EXE can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EXE indicates a somewhat cheap valuation: EXE is cheaper than 78.37% of the companies listed in the same industry.
EXE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.7 | ||
| Fwd PE | 8.14 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EXE.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EXE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.29 | ||
| EV/EBITDA | 9.32 |
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.
EXE's earnings are expected to grow with 102.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y201.3%
EPS Next 3Y102.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.41%, EXE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.33, EXE has a dividend in line with its industry peers.
EXE's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
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
238.35% of the earnings are spent on dividend by EXE. This is not a sustainable payout ratio.
DP238.35%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
94.62
-0.04 (-0.04%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.75%
Inst Owner ChangeN/A
Ins Owners2.78%
Ins Owner Change26.22%
Market Cap22.53B
Analysts83.13
Price Target134.95 (42.62%)
Short Float %3.09%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend2.14
Dividend Growth(5Y)-29.99%
DP238.35%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.18%
Min EPS beat(2)-5.85%
Max EPS beat(2)6.21%
EPS beat(4)3
Avg EPS beat(4)92.78%
Min EPS beat(4)-5.85%
Max EPS beat(4)356.59%
EPS beat(8)6
Avg EPS beat(8)123.31%
EPS beat(12)10
Avg EPS beat(12)91.48%
EPS beat(16)13
Avg EPS beat(16)74.23%
Revenue beat(2)1
Avg Revenue beat(2)13.89%
Min Revenue beat(2)-14.75%
Max Revenue beat(2)42.53%
Revenue beat(4)2
Avg Revenue beat(4)5.35%
Min Revenue beat(4)-14.75%
Max Revenue beat(4)42.53%
Revenue beat(8)4
Avg Revenue beat(8)5.01%
Revenue beat(12)8
Avg Revenue beat(12)24.44%
Revenue beat(16)10
Avg Revenue beat(16)24.75%
PT rev (1m)-0.41%
PT rev (3m)7.2%
EPS NQ rev (1m)-19.77%
EPS NQ rev (3m)10.73%
EPS NY rev (1m)-11.17%
EPS NY rev (3m)-16.9%
Revenue NQ rev (1m)-4.29%
Revenue NQ rev (3m)13.97%
Revenue NY rev (1m)-0.72%
Revenue NY rev (3m)2.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.7 | ||
| Fwd PE | 8.14 | ||
| P/S | 2.65 | ||
| P/FCF | 19.29 | ||
| P/OCF | 6.99 | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 9.32 |
EPS(TTM)3.83
EY4.05%
EPS(NY)11.62
Fwd EY12.28%
FCF(TTM)4.9
FCFY5.18%
OCF(TTM)13.53
OCFY14.3%
SpS35.7
BVpS75.32
TBVpS75.32
PEG (NY)0.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 1.15% | ||
| ROCE | 1.72% | ||
| ROIC | 1.33% | ||
| ROICexc | 1.37% | ||
| ROICexgc | 1.37% | ||
| OM | 5.02% | ||
| PM (TTM) | 2.42% | ||
| GM | 70.75% | ||
| FCFM | 13.74% |
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-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.39 | ||
| Debt/EBITDA | 1.77 | ||
| Cap/Depr | 83.43% | ||
| Cap/Sales | 24.16% | ||
| Interest Coverage | 2.7 | ||
| Cash Conversion | 111.53% | ||
| Profit Quality | 566.99% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.92 |
F-Score4
WACC8.71%
ROIC/WACC0.15
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)28.96%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%10900%
EPS Next Y426.48%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
EPS Next 5Y63.56%
Revenue 1Y (TTM)73.62%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%630.69%
Revenue Next Year162.42%
Revenue Next 2Y72.3%
Revenue Next 3Y43.76%
Revenue Next 5Y30.86%
EBIT growth 1Y1.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5184.22%
EBIT Next 3Y295.71%
EBIT Next 5Y178.71%
FCF growth 1Y-30.31%
FCF growth 3Y-80.34%
FCF growth 5YN/A
OCF growth 1Y-14.47%
OCF growth 3Y-4.34%
OCF growth 5Y-0.73%