CHART INDUSTRIES INC (GTLS) Stock Fundamental Analysis
NYSE:GTLS - New York Stock Exchange, Inc. - US16115Q3083 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to GTLS. GTLS was compared to 127 industry peers in the Machinery industry. GTLS has a medium profitability rating, but doesn't score so well on its financial health evaluation. GTLS is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
GTLS had positive earnings in the past year.
GTLS had a positive operating cash flow in the past year.
In the past 5 years GTLS has always been profitable.
GTLS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
GTLS has a Return On Assets of 2.46%. This is comparable to the rest of the industry: GTLS outperforms 42.52% of its industry peers.
GTLS has a Return On Equity (7.66%) which is in line with its industry peers.
GTLS's Return On Invested Capital of 7.85% is in line compared to the rest of the industry. GTLS outperforms 55.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GTLS is significantly below the industry average of 10.78%.
The 3 year average ROIC (4.98%) for GTLS is below the current ROIC(7.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 7.66% | ||
| ROIC | 7.85% |
ROA(3y)0.91%
ROA(5y)3.33%
ROE(3y)2.79%
ROE(5y)6.32%
ROIC(3y)4.98%
ROIC(5y)4.58%
1.3 Margins
The Profit Margin of GTLS (5.45%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GTLS has grown nicely.
GTLS's Operating Margin of 16.66% is fine compared to the rest of the industry. GTLS outperforms 77.95% of its industry peers.
GTLS's Operating Margin has improved in the last couple of years.
The Gross Margin of GTLS (33.88%) is comparable to the rest of the industry.
GTLS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.66% | ||
| PM (TTM) | 5.45% | ||
| GM | 33.88% |
OM growth 3Y30.3%
OM growth 5Y21.44%
PM growth 3Y0.83%
PM growth 5Y3.79%
GM growth 3Y10.41%
GM growth 5Y5.55%
2. Health
2.1 Basic Checks
GTLS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GTLS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GTLS has been increased compared to 5 years ago.
Compared to 1 year ago, GTLS has an improved debt to assets ratio.
2.2 Solvency
GTLS has an Altman-Z score of 1.72. This is a bad value and indicates that GTLS is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, GTLS is doing worse than 71.65% of the companies in the same industry.
The Debt to FCF ratio of GTLS is 8.45, which is on the high side as it means it would take GTLS, 8.45 years of fcf income to pay off all of its debts.
GTLS has a Debt to FCF ratio (8.45) which is comparable to the rest of the industry.
GTLS has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.25, GTLS is not doing good in the industry: 81.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 8.45 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.75
WACC10.46%
2.3 Liquidity
GTLS has a Current Ratio of 1.51. This is a normal value and indicates that GTLS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.51, GTLS is doing worse than 75.59% of the companies in the same industry.
A Quick Ratio of 1.21 indicates that GTLS should not have too much problems paying its short term obligations.
GTLS has a Quick ratio (1.21) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.89% over the past year.
The Earnings Per Share has been growing by 27.69% on average over the past years. This is a very strong growth
The Revenue has grown by 11.65% in the past year. This is quite good.
Measured over the past years, GTLS shows a very strong growth in Revenue. The Revenue has been growing by 27.90% on average per year.
EPS 1Y (TTM)45.89%
EPS 3Y45.52%
EPS 5Y27.69%
EPS Q2Q%24.83%
Revenue 1Y (TTM)11.65%
Revenue growth 3Y46.7%
Revenue growth 5Y27.9%
Sales Q2Q%5.34%
3.2 Future
Based on estimates for the next years, GTLS will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.45% on average per year.
The Revenue is expected to grow by 7.36% on average over the next years.
EPS Next Y35.53%
EPS Next 2Y29.66%
EPS Next 3Y24.34%
EPS Next 5Y13.45%
Revenue Next Year9.42%
Revenue Next 2Y9.43%
Revenue Next 3Y8.29%
Revenue Next 5Y7.36%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GTLS is valuated rather expensively with a Price/Earnings ratio of 18.92.
Based on the Price/Earnings ratio, GTLS is valued a bit cheaper than the industry average as 70.08% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.48. GTLS is valued slightly cheaper when compared to this.
GTLS is valuated reasonably with a Price/Forward Earnings ratio of 11.74.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GTLS indicates a rather cheap valuation: GTLS is cheaper than 86.61% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GTLS to the average of the S&P500 Index (36.52), we can say GTLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 11.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTLS is valued a bit cheaper than 66.93% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GTLS is valued a bit cheaper than the industry average as 70.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.38 | ||
| EV/EBITDA | 11.48 |
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.
GTLS has a very decent profitability rating, which may justify a higher PE ratio.
GTLS's earnings are expected to grow with 24.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)0.68
EPS Next 2Y29.66%
EPS Next 3Y24.34%
5. Dividend
5.1 Amount
No dividends for GTLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
171.46
+2.62 (+1.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners113.37%
Inst Owner Change0%
Ins Owners0.54%
Ins Owner Change1.75%
Market Cap7.71B
Analysts80
Price Target211.8 (23.53%)
Short Float %10.27%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.63
Dividend Growth(5Y)N/A
DP11.85%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.28%
Min EPS beat(2)-15.61%
Max EPS beat(2)-0.94%
EPS beat(4)0
Avg EPS beat(4)-9.06%
Min EPS beat(4)-15.61%
Max EPS beat(4)-0.94%
EPS beat(8)2
Avg EPS beat(8)-4.11%
EPS beat(12)5
Avg EPS beat(12)11.82%
EPS beat(16)7
Avg EPS beat(16)7.78%
Revenue beat(2)0
Avg Revenue beat(2)-4.74%
Min Revenue beat(2)-6.99%
Max Revenue beat(2)-2.48%
Revenue beat(4)0
Avg Revenue beat(4)-5.81%
Min Revenue beat(4)-7.86%
Max Revenue beat(4)-2.48%
Revenue beat(8)0
Avg Revenue beat(8)-7.54%
Revenue beat(12)2
Avg Revenue beat(12)-5.84%
Revenue beat(16)2
Avg Revenue beat(16)-5.16%
PT rev (1m)-1.36%
PT rev (3m)-4.04%
EPS NQ rev (1m)-2.13%
EPS NQ rev (3m)-11.4%
EPS NY rev (1m)-0.77%
EPS NY rev (3m)-1.3%
Revenue NQ rev (1m)-0.53%
Revenue NQ rev (3m)-2.84%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 11.74 | ||
| P/S | 1.83 | ||
| P/FCF | 17.38 | ||
| P/OCF | 14.32 | ||
| P/B | 2.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.48 |
EPS(TTM)9.06
EY5.28%
EPS(NY)14.61
Fwd EY8.52%
FCF(TTM)9.86
FCFY5.75%
OCF(TTM)11.97
OCFY6.98%
SpS93.7
BVpS66.69
TBVpS-55.7
PEG (NY)0.53
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 7.66% | ||
| ROCE | 9.22% | ||
| ROIC | 7.85% | ||
| ROICexc | 8.17% | ||
| ROICexgc | 33.01% | ||
| OM | 16.66% | ||
| PM (TTM) | 5.45% | ||
| GM | 33.88% | ||
| FCFM | 10.53% |
ROA(3y)0.91%
ROA(5y)3.33%
ROE(3y)2.79%
ROE(5y)6.32%
ROIC(3y)4.98%
ROIC(5y)4.58%
ROICexc(3y)5.26%
ROICexc(5y)4.84%
ROICexgc(3y)21.78%
ROICexgc(5y)17.94%
ROCE(3y)5.9%
ROCE(5y)5.63%
ROICexcg growth 3Y60.19%
ROICexcg growth 5Y28.33%
ROICexc growth 3Y35.16%
ROICexc growth 5Y20.62%
OM growth 3Y30.3%
OM growth 5Y21.44%
PM growth 3Y0.83%
PM growth 5Y3.79%
GM growth 3Y10.41%
GM growth 5Y5.55%
F-Score9
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 8.45 | ||
| Debt/EBITDA | 3.85 | ||
| Cap/Depr | 35.09% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 55.38% | ||
| Profit Quality | 193.16% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 1.72 |
F-Score9
WACC10.46%
ROIC/WACC0.75
Cap/Depr(3y)64.68%
Cap/Depr(5y)60.78%
Cap/Sales(3y)3.85%
Cap/Sales(5y)3.75%
Profit Quality(3y)128.43%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.89%
EPS 3Y45.52%
EPS 5Y27.69%
EPS Q2Q%24.83%
EPS Next Y35.53%
EPS Next 2Y29.66%
EPS Next 3Y24.34%
EPS Next 5Y13.45%
Revenue 1Y (TTM)11.65%
Revenue growth 3Y46.7%
Revenue growth 5Y27.9%
Sales Q2Q%5.34%
Revenue Next Year9.42%
Revenue Next 2Y9.43%
Revenue Next 3Y8.29%
Revenue Next 5Y7.36%
EBIT growth 1Y44.32%
EBIT growth 3Y91.15%
EBIT growth 5Y55.33%
EBIT Next Year36.19%
EBIT Next 3Y18.42%
EBIT Next 5Y12.5%
FCF growth 1Y2105.88%
FCF growth 3YN/A
FCF growth 5Y31.36%
OCF growth 1Y658.96%
OCF growth 3YN/A
OCF growth 5Y30.3%