GENESIS ENERGY L.P. (GEL)
US3719271047
Overall GEL gets a fundamental rating of 3 out of 10. We evaluated GEL against 214 industry peers in the Oil, Gas & Consumable Fuels industry. GEL has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, GEL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
GEL had positive earnings in the past year.
In the past year GEL had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GEL reported negative net income in multiple years.
GEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of GEL (0.38%) is worse than 79.44% of its industry peers.
GEL's Return On Equity of 5.12% is on the low side compared to the rest of the industry. GEL is outperformed by 72.43% of its industry peers.
GEL has a worse Return On Invested Capital (4.30%) than 71.50% of its industry peers.
GEL had an Average Return On Invested Capital over the past 3 years of 3.16%. This is significantly below the industry average of 44.55%.
The 3 year average ROIC (3.16%) for GEL is below the current ROIC(4.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.38% | ||
| ROE | 5.12% | ||
| ROIC | 4.3% |
ROA(3y)-1.25%
ROA(5y)-2.34%
ROE(3y)-11.14%
ROE(5y)-18.37%
ROIC(3y)3.16%
ROIC(5y)2.75%
1.3 Margins
The Profit Margin of GEL (0.85%) is worse than 76.64% of its industry peers.
GEL's Operating Margin of 10.37% is on the low side compared to the rest of the industry. GEL is outperformed by 71.03% of its industry peers.
GEL's Operating Margin has improved in the last couple of years.
The Gross Margin of GEL (21.26%) is worse than 68.22% of its industry peers.
In the last couple of years the Gross Margin of GEL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.37% | ||
| PM (TTM) | 0.85% | ||
| GM | 21.26% |
OM growth 3Y48.5%
OM growth 5Y2.28%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.77%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
GEL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GEL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, GEL has about the same amount of shares outstanding.
The debt/assets ratio for GEL has been reduced compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 8.65 is on the high side and indicates that GEL has dependencies on debt financing.
GEL has a worse Debt to Equity ratio (8.65) than 93.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.65 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.6
WACC7.13%
2.3 Liquidity
GEL has a Current Ratio of 1.00. This is a bad value and indicates that GEL is not financially healthy enough and could expect problems in meeting its short term obligations.
GEL has a worse Current ratio (1.00) than 62.15% of its industry peers.
GEL has a Quick Ratio of 1.00. This is a bad value and indicates that GEL is not financially healthy enough and could expect problems in meeting its short term obligations.
GEL's Quick ratio of 0.86 is on the low side compared to the rest of the industry. GEL is outperformed by 61.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
GEL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 650.00%, which is quite impressive.
The earnings per share for GEL have been decreasing by -11.27% on average. This is quite bad
GEL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.92%.
Measured over the past years, GEL shows a small growth in Revenue. The Revenue has been growing by 1.75% on average per year.
EPS 1Y (TTM)650%
EPS 3YN/A
EPS 5Y-11.27%
EPS growth Q2Q-157.14%
Revenue 1Y (TTM)13.92%
Revenue growth 3Y20.3%
Revenue growth 5Y1.75%
Revenue growth Q2Q8.42%
3.2 Future
Based on estimates for the next years, GEL will show a very strong growth in Earnings Per Share. The EPS will grow by 116.16% on average per year.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y134.14%
EPS Next 2Y167.62%
EPS Next 3Y116.16%
EPS Next 5YN/A
Revenue Next Year-4.01%
Revenue Next 2YN/A
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.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 58.05 indicates a quite expensive valuation of GEL.
GEL's Price/Earnings ratio is a bit more expensive when compared to the industry. GEL is more expensive than 78.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.28, GEL is valued quite expensively.
With a Price/Forward Earnings ratio of 24.79, GEL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, GEL is valued a bit more expensive than the industry average as 67.29% of the companies are valued more cheaply.
GEL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.05 | ||
| Fwd PE | 24.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GEL is valued a bit more expensive than 65.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.9 |
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.
GEL's earnings are expected to grow with 116.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)N/A
EPS Next 2Y167.62%
EPS Next 3Y116.16%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.90%, GEL is a good candidate for dividend investing.
GEL's Dividend Yield is a higher than the industry average which is at 5.85.
Compared to an average S&P500 Dividend Yield of 2.41, GEL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
5.2 History
The dividend of GEL decreases each year by -8.23%.
GEL has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of GEL decreased in the last 3 years.
Dividend Growth(5Y)-8.23%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
GEL pays out 620.06% of its income as dividend. This is not a sustainable payout ratio.
DP620.06%
EPS Next 2Y167.62%
EPS Next 3Y116.16%
GENESIS ENERGY L.P.
NYSE:GEL (5/3/2024, 7:04:00 PM)
After market: 12.3293 -0.44 (-3.45%)12.77
+0.52 (+4.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
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Market Cap1.56B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
Dividend Growth(5Y)
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Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.05 | ||
| Fwd PE | 24.79 | ||
| 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)0.43
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.38% | ||
| ROE | 5.12% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.37% | ||
| PM (TTM) | 0.85% | ||
| GM | 21.26% | ||
| 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 Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.65 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1 | ||
| Quick Ratio | 0.86 | ||
| 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)650%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y134.14%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.92%
Revenue growth 3Y20.3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
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