GRAN TIERRA ENERGY INC (GTE) Stock Fundamental Analysis
NYSEARCA:GTE - NYSE Arca - US38500T2006 - Common Stock - Currency: USD
Overall GTE gets a fundamental rating of 2 out of 10. We evaluated GTE against 213 industry peers in the Oil, Gas & Consumable Fuels industry. While GTE is still in line with the averages on profitability rating, there are concerns on its financial health. GTE has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GTE had positive earnings in the past year.
GTE had a positive operating cash flow in the past year.
In multiple years GTE reported negative net income over the last 5 years.
In the past 5 years GTE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.19%, GTE is doing worse than 68.54% of the companies in the same industry.
The Return On Equity of GTE (0.78%) is worse than 67.14% of its industry peers.
GTE has a Return On Invested Capital of 7.25%. This is comparable to the rest of the industry: GTE outperforms 57.75% of its industry peers.
GTE had an Average Return On Invested Capital over the past 3 years of 14.19%. This is significantly below the industry average of 25.69%.
The last Return On Invested Capital (7.25%) for GTE is well below the 3 year average (14.19%), which needs to be investigated, but indicates that GTE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 0.78% | ||
| ROIC | 7.25% |
ROA(3y)3.38%
ROA(5y)-10.21%
ROE(3y)10.83%
ROE(5y)-51.24%
ROIC(3y)14.19%
ROIC(5y)N/A
1.3 Margins
GTE has a Profit Margin of 0.52%. This is in the lower half of the industry: GTE underperforms 66.20% of its industry peers.
GTE's Profit Margin has declined in the last couple of years.
GTE has a Operating Margin (19.67%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of GTE has remained more or less at the same level.
GTE has a better Gross Margin (64.49%) than 69.95% of its industry peers.
GTE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.67% | ||
| PM (TTM) | 0.52% | ||
| GM | 64.49% |
OM growth 3Y-15.77%
OM growth 5Y0.59%
PM growth 3Y-61.37%
PM growth 5Y-40.23%
GM growth 3Y-2.55%
GM growth 5Y0.05%
2. Health
2.1 Basic Checks
GTE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for GTE has been increased compared to 1 year ago.
The number of shares outstanding for GTE has been reduced compared to 5 years ago.
Compared to 1 year ago, GTE has a worse debt to assets ratio.
2.2 Solvency
GTE has an Altman-Z score of -0.11. This is a bad value and indicates that GTE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.11, GTE is doing worse than 70.42% of the companies in the same industry.
The Debt to FCF ratio of GTE is 146.89, which is on the high side as it means it would take GTE, 146.89 years of fcf income to pay off all of its debts.
GTE has a worse Debt to FCF ratio (146.89) than 60.09% of its industry peers.
A Debt/Equity ratio of 1.75 is on the high side and indicates that GTE has dependencies on debt financing.
GTE has a worse Debt to Equity ratio (1.75) than 78.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 146.89 | ||
| Altman-Z | -0.11 |
ROIC/WACC0.83
WACC8.76%
2.3 Liquidity
GTE has a Current Ratio of 0.66. This is a bad value and indicates that GTE is not financially healthy enough and could expect problems in meeting its short term obligations.
GTE has a worse Current ratio (0.66) than 77.46% of its industry peers.
GTE has a Quick Ratio of 0.66. This is a bad value and indicates that GTE is not financially healthy enough and could expect problems in meeting its short term obligations.
GTE has a worse Quick ratio (0.52) than 79.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The earnings per share for GTE have decreased strongly by -98.11% in the last year.
The earnings per share for GTE have been decreasing by -22.48% on average. This is quite bad
GTE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.46%.
The Revenue has been growing slightly by 0.76% on average over the past years.
EPS 1Y (TTM)-98.11%
EPS 3YN/A
EPS 5Y-22.48%
EPS Q2Q%N/A
Revenue 1Y (TTM)-10.46%
Revenue growth 3Y38.88%
Revenue growth 5Y0.76%
Sales Q2Q%8.22%
3.2 Future
Based on estimates for the next years, GTE will show a very negative growth in Earnings Per Share. The EPS will decrease by -257.95% on average per year.
GTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.57% yearly.
EPS Next Y1645.86%
EPS Next 2Y-437%
EPS Next 3Y-257.95%
EPS Next 5YN/A
Revenue Next Year-1.08%
Revenue Next 2Y2.59%
Revenue Next 3Y-18.66%
Revenue Next 5Y7.57%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
GTE is valuated quite expensively with a Price/Earnings ratio of 64.71.
Based on the Price/Earnings ratio, GTE is valued a bit more expensive than 67.61% of the companies in the same industry.
GTE's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.12.
GTE is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.71 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GTE indicates a rather cheap valuation: GTE is cheaper than 92.02% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GTE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.57 | ||
| EV/EBITDA | 2.27 |
4.3 Compensation for Growth
GTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A cheap valuation may be justified as GTE's earnings are expected to decrease with -257.95% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y-437%
EPS Next 3Y-257.95%
5. Dividend
5.1 Amount
No dividends for GTE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.53
+0.13 (+2.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners48.08%
Inst Owner Change-1.14%
Ins Owners2.54%
Ins Owner Change-0.05%
Market Cap160.54M
Analysts75.56
Price Target10.2 (125.17%)
Short Float %3.61%
Short Ratio3.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-4.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.63%
EPS NY rev (3m)-148%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.25%
Revenue NY rev (3m)-10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.71 | ||
| Fwd PE | N/A | ||
| P/S | 0.26 | ||
| P/FCF | 31.57 | ||
| P/OCF | 0.67 | ||
| P/B | 0.39 | ||
| P/tB | 0.39 | ||
| EV/EBITDA | 2.27 |
EPS(TTM)0.07
EY1.55%
EPS(NY)-1.88
Fwd EYN/A
FCF(TTM)0.14
FCFY3.17%
OCF(TTM)6.75
OCFY149.07%
SpS17.55
BVpS11.67
TBVpS11.67
PEG (NY)0.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.19% | ||
| ROE | 0.78% | ||
| ROCE | 9.18% | ||
| ROIC | 7.25% | ||
| ROICexc | 7.86% | ||
| ROICexgc | 7.86% | ||
| OM | 19.67% | ||
| PM (TTM) | 0.52% | ||
| GM | 64.49% | ||
| FCFM | 0.82% |
ROA(3y)3.38%
ROA(5y)-10.21%
ROE(3y)10.83%
ROE(5y)-51.24%
ROIC(3y)14.19%
ROIC(5y)N/A
ROICexc(3y)15.65%
ROICexc(5y)N/A
ROICexgc(3y)15.65%
ROICexgc(5y)N/A
ROCE(3y)18.14%
ROCE(5y)N/A
ROICexcg growth 3Y-15.8%
ROICexcg growth 5Y8.4%
ROICexc growth 3Y-15.8%
ROICexc growth 5Y9.72%
OM growth 3Y-15.77%
OM growth 5Y0.59%
PM growth 3Y-61.37%
PM growth 5Y-40.23%
GM growth 3Y-2.55%
GM growth 5Y0.05%
F-Score6
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 146.89 | ||
| Debt/EBITDA | 2.05 | ||
| Cap/Depr | 101.57% | ||
| Cap/Sales | 37.67% | ||
| Interest Coverage | 2.02 | ||
| Cash Conversion | 67.81% | ||
| Profit Quality | 158.12% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | -0.11 |
F-Score6
WACC8.76%
ROIC/WACC0.83
Cap/Depr(3y)111.44%
Cap/Depr(5y)100.02%
Cap/Sales(3y)35.1%
Cap/Sales(5y)35.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-98.11%
EPS 3YN/A
EPS 5Y-22.48%
EPS Q2Q%N/A
EPS Next Y1645.86%
EPS Next 2Y-437%
EPS Next 3Y-257.95%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.46%
Revenue growth 3Y38.88%
Revenue growth 5Y0.76%
Sales Q2Q%8.22%
Revenue Next Year-1.08%
Revenue Next 2Y2.59%
Revenue Next 3Y-18.66%
Revenue Next 5Y7.57%
EBIT growth 1Y-29.51%
EBIT growth 3Y-7.77%
EBIT growth 5Y2.33%
EBIT Next Year1201.8%
EBIT Next 3Y131.28%
EBIT Next 5YN/A
FCF growth 1Y-44.18%
FCF growth 3Y-62.3%
FCF growth 5YN/A
OCF growth 1Y4.97%
OCF growth 3Y-0.75%
OCF growth 5Y6.14%