GENIE ENERGY LTD-B (GNE) Stock Fundamental Analysis
NYSE:GNE - New York Stock Exchange, Inc. - US3722842081 - Common Stock - Currency: USD
GNE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. GNE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. GNE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GNE had positive earnings in the past year.
In the past year GNE had a positive cash flow from operations.
GNE had positive earnings in each of the past 5 years.
In the past 5 years GNE always reported a positive cash flow from operatings.
1.2 Ratios
GNE has a better Return On Assets (3.93%) than 74.47% of its industry peers.
Looking at the Return On Equity, with a value of 7.65%, GNE is doing worse than 80.85% of the companies in the same industry.
GNE has a Return On Invested Capital (4.14%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for GNE is significantly below the industry average of 38.54%.
The 3 year average ROIC (13.65%) for GNE is well above the current ROIC(4.14%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 7.65% | ||
| ROIC | 4.14% |
ROA(3y)13.38%
ROA(5y)11.67%
ROE(3y)20.76%
ROE(5y)19.3%
ROIC(3y)13.65%
ROIC(5y)15.41%
1.3 Margins
Looking at the Profit Margin, with a value of 3.41%, GNE is doing worse than 89.36% of the companies in the same industry.
GNE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 3.27%, GNE is doing worse than 91.49% of the companies in the same industry.
In the last couple of years the Operating Margin of GNE has declined.
GNE has a worse Gross Margin (32.12%) than 63.83% of its industry peers.
GNE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.27% | ||
| PM (TTM) | 3.41% | ||
| GM | 32.12% |
OM growth 3Y-28.73%
OM growth 5Y-3.56%
PM growth 3Y-29.66%
PM growth 5Y28.16%
GM growth 3Y4.75%
GM growth 5Y4.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GNE is still creating some value.
Compared to 1 year ago, GNE has less shares outstanding
GNE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GNE is higher compared to a year ago.
2.2 Solvency
GNE has an Altman-Z score of 3.63. This indicates that GNE is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of GNE (3.63) is better than 97.87% of its industry peers.
The Debt to FCF ratio of GNE is 0.14, which is an excellent value as it means it would take GNE, only 0.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.14, GNE belongs to the top of the industry, outperforming 97.87% of the companies in the same industry.
GNE has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.03, GNE belongs to the top of the industry, outperforming 97.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.14 | ||
| Altman-Z | 3.63 |
ROIC/WACC0.46
WACC8.98%
2.3 Liquidity
GNE has a Current Ratio of 2.03. This indicates that GNE is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.03, GNE belongs to the best of the industry, outperforming 85.11% of the companies in the same industry.
A Quick Ratio of 1.92 indicates that GNE should not have too much problems paying its short term obligations.
The Quick ratio of GNE (1.92) is better than 87.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 30.60% over the past year.
Measured over the past years, GNE shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.69% on average per year.
GNE shows a decrease in Revenue. In the last year, the revenue decreased by -0.18%.
Measured over the past years, GNE shows a small growth in Revenue. The Revenue has been growing by 6.16% on average per year.
EPS 1Y (TTM)30.6%
EPS 3Y-23.81%
EPS 5Y35.69%
EPS Q2Q%27.27%
Revenue 1Y (TTM)-0.18%
Revenue growth 3Y9.56%
Revenue growth 5Y6.16%
Sales Q2Q%14.3%
3.2 Future
The Earnings Per Share is expected to grow by 42.33% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.98% on average over the next years.
EPS Next Y277.65%
EPS Next 2Y109.03%
EPS Next 3Y68.27%
EPS Next 5Y42.33%
Revenue Next Year13.72%
Revenue Next 2Y10.29%
Revenue Next 3Y8.71%
Revenue Next 5Y7.98%
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 stable.
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 34.26 indicates a quite expensive valuation of GNE.
GNE's Price/Earnings ratio is rather expensive when compared to the industry. GNE is more expensive than 85.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of GNE to the average of the S&P500 Index (28.05), we can say GNE is valued slightly more expensively.
The Price/Forward Earnings ratio is 9.89, which indicates a very decent valuation of GNE.
76.60% of the companies in the same industry are more expensive than GNE, based on the Price/Forward Earnings ratio.
GNE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.26 | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
87.23% of the companies in the same industry are cheaper than GNE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GNE is valued cheaply inside the industry as 91.49% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.1 | ||
| EV/EBITDA | 27.95 |
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.
GNE's earnings are expected to grow with 68.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)0.96
EPS Next 2Y109.03%
EPS Next 3Y68.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.45%, GNE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.68, GNE is paying slightly less dividend.
GNE's Dividend Yield is slightly below the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
5.2 History
The dividend of GNE decreases each year by -3.54%.
GNE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of GNE decreased in the last 3 years.
Dividend Growth(5Y)-3.54%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
53.76% of the earnings are spent on dividend by GNE. This is a bit on the high side, but may be sustainable.
DP53.76%
EPS Next 2Y109.03%
EPS Next 3Y68.27%
19.87
-0.42 (-2.07%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners35.58%
Inst Owner Change-0.84%
Ins Owners17.5%
Ins Owner Change-1.75%
Market Cap533.51M
Analysts80
Price Target23.87 (20.13%)
Short Float %2.39%
Short Ratio2.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Yearly Dividend0.3
Dividend Growth(5Y)-3.54%
DP53.76%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.26 | ||
| Fwd PE | 9.89 | ||
| P/S | 1.21 | ||
| P/FCF | 8.1 | ||
| P/OCF | 7.29 | ||
| P/B | 2.71 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 27.95 |
EPS(TTM)0.58
EY2.92%
EPS(NY)2.01
Fwd EY10.12%
FCF(TTM)2.45
FCFY12.35%
OCF(TTM)2.72
OCFY13.71%
SpS16.47
BVpS7.35
TBVpS6.79
PEG (NY)0.12
PEG (5Y)0.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 7.65% | ||
| ROCE | 5.41% | ||
| ROIC | 4.14% | ||
| ROICexc | 7.18% | ||
| ROICexgc | 7.95% | ||
| OM | 3.27% | ||
| PM (TTM) | 3.41% | ||
| GM | 32.12% | ||
| FCFM | 14.9% |
ROA(3y)13.38%
ROA(5y)11.67%
ROE(3y)20.76%
ROE(5y)19.3%
ROIC(3y)13.65%
ROIC(5y)15.41%
ROICexc(3y)29.63%
ROICexc(5y)47.61%
ROICexgc(3y)35.16%
ROICexgc(5y)420.69%
ROCE(3y)17.83%
ROCE(5y)20.21%
ROICexcg growth 3Y-85.02%
ROICexcg growth 5Y-21.58%
ROICexc growth 3Y-63.2%
ROICexc growth 5Y-16.6%
OM growth 3Y-28.73%
OM growth 5Y-3.56%
PM growth 3Y-29.66%
PM growth 5Y28.16%
GM growth 3Y4.75%
GM growth 5Y4.37%
F-Score4
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.14 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 807% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 476.43% | ||
| Profit Quality | 436.55% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.92 | ||
| Altman-Z | 3.63 |
F-Score4
WACC8.98%
ROIC/WACC0.46
Cap/Depr(3y)1040.31%
Cap/Depr(5y)631.05%
Cap/Sales(3y)1.44%
Cap/Sales(5y)0.88%
Profit Quality(3y)289.72%
Profit Quality(5y)262.7%
High Growth Momentum
Growth
EPS 1Y (TTM)30.6%
EPS 3Y-23.81%
EPS 5Y35.69%
EPS Q2Q%27.27%
EPS Next Y277.65%
EPS Next 2Y109.03%
EPS Next 3Y68.27%
EPS Next 5Y42.33%
Revenue 1Y (TTM)-0.18%
Revenue growth 3Y9.56%
Revenue growth 5Y6.16%
Sales Q2Q%14.3%
Revenue Next Year13.72%
Revenue Next 2Y10.29%
Revenue Next 3Y8.71%
Revenue Next 5Y7.98%
EBIT growth 1Y68.85%
EBIT growth 3Y-21.91%
EBIT growth 5Y2.38%
EBIT Next Year366.49%
EBIT Next 3Y79.76%
EBIT Next 5Y47.75%
FCF growth 1Y-9.11%
FCF growth 3Y-2.79%
FCF growth 5Y32.51%
OCF growth 1Y-0.55%
OCF growth 3Y1.14%
OCF growth 5Y35.05%