I3 ENERGY PLC (ITE.CA) Stock Fundamental Analysis
TSX:ITE - GB00BDHXPJ60 - Common Stock
0.23 CAD
+0.01 (+2.22%)
Taking everything into account, ITE scores 5 out of 10 in our fundamental rating. ITE was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. ITE has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on ITE. These ratings could make ITE a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year ITE was profitable.
In the past year ITE had a positive cash flow from operations.
ITE had positive earnings in 4 of the past 5 years.
In multiple years ITE reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.41%, ITE is doing good in the industry, outperforming 79.55% of the companies in the same industry.
ITE's Return On Equity of 9.35% is fine compared to the rest of the industry. ITE outperforms 61.36% of its industry peers.
With an excellent Return On Invested Capital value of 8.50%, ITE belongs to the best of the industry, outperforming 83.18% of the companies in the same industry.
ITE had an Average Return On Invested Capital over the past 3 years of 9.28%. This is above the industry average of 6.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.35% | ||
| ROIC | 8.5% |
ROA(3y)8.2%
ROA(5y)2.97%
ROE(3y)17.64%
ROE(5y)6.93%
ROIC(3y)9.28%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of ITE (10.35%) is better than 60.91% of its industry peers.
ITE's Profit Margin has declined in the last couple of years.
The Operating Margin of ITE (19.69%) is comparable to the rest of the industry.
ITE has a Gross Margin (26.51%) which is in line with its industry peers.
In the last couple of years the Gross Margin of ITE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.69% | ||
| PM (TTM) | 10.35% | ||
| GM | 26.51% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-51.4%
PM growth 5YN/A
GM growth 3Y281.53%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ITE is creating some value.
ITE has more shares outstanding than it did 1 year ago.
ITE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ITE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that ITE is in the distress zone and has some risk of bankruptcy.
ITE's Altman-Z score of 1.72 is fine compared to the rest of the industry. ITE outperforms 66.36% of its industry peers.
ITE has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.00, ITE belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
ITE has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ITE (0.00) is better than 79.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 1.72 |
ROIC/WACC1
WACC8.52%
2.3 Liquidity
ITE has a Current Ratio of 1.11. This is a normal value and indicates that ITE is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.11, ITE is doing good in the industry, outperforming 63.64% of the companies in the same industry.
ITE has a Quick Ratio of 1.04. This is a normal value and indicates that ITE is financially healthy and should not expect problems in meeting its short term obligations.
ITE has a better Quick ratio (1.04) than 67.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
ITE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -63.69%.
ITE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -28.87% yearly.
ITE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -29.80%.
Measured over the past years, ITE shows a very strong growth in Revenue. The Revenue has been growing by 124.16% on average per year.
EPS 1Y (TTM)-63.69%
EPS 3Y-28.87%
EPS 5YN/A
EPS Q2Q%-22.89%
Revenue 1Y (TTM)-29.8%
Revenue growth 3Y124.16%
Revenue growth 5YN/A
Sales Q2Q%-20.08%
3.2 Future
ITE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.64% yearly.
Based on estimates for the next years, ITE will show a small growth in Revenue. The Revenue will grow by 7.26% on average per year.
EPS Next Y-92.8%
EPS Next 2Y23.74%
EPS Next 3Y136.62%
EPS Next 5Y23.64%
Revenue Next Year-9.17%
Revenue Next 2Y3.23%
Revenue Next 3Y8.03%
Revenue Next 5Y7.26%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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
With a Price/Earnings ratio of 11.50, the valuation of ITE can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of ITE indicates a somewhat cheap valuation: ITE is cheaper than 64.55% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ITE to the average of the S&P500 Index (27.03), we can say ITE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 4.22, the valuation of ITE can be described as very cheap.
ITE's Price/Forward Earnings ratio is rather cheap when compared to the industry. ITE is cheaper than 86.82% of the companies in the same industry.
ITE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 4.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITE is valued cheaply inside the industry as 94.55% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ITE is valued cheaper than 98.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.55 | ||
| EV/EBITDA | 2.25 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ITE's earnings are expected to grow with 136.62% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.74%
EPS Next 3Y136.62%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.03%, ITE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.00, ITE pays a better dividend. On top of this ITE pays more dividend than 81.36% of the companies listed in the same industry.
ITE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.03% |
5.2 History
ITE has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
47.61% of the earnings are spent on dividend by ITE. This is a bit on the high side, but may be sustainable.
DP47.61%
EPS Next 2Y23.74%
EPS Next 3Y136.62%
TSX:ITE (10/29/2024, 7:00:00 PM)
0.23
+0.01 (+2.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners22.95%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap276.56M
Analysts84.44
Price Target0 (-100%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.03% |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP47.61%
Div Incr Years2
Div Non Decr Years2
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)-7.69%
PT rev (3m)-98.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-51.92%
EPS NY rev (3m)-51.92%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 4.22 | ||
| P/S | 1.05 | ||
| P/FCF | 3.55 | ||
| P/OCF | 3.42 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 2.25 |
EPS(TTM)0.02
EY8.7%
EPS(NY)0.05
Fwd EY23.67%
FCF(TTM)0.06
FCFY28.17%
OCF(TTM)0.07
OCFY29.23%
SpS0.22
BVpS0.24
TBVpS0.24
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.41% | ||
| ROE | 9.35% | ||
| ROCE | 11.52% | ||
| ROIC | 8.5% | ||
| ROICexc | 8.81% | ||
| ROICexgc | 8.81% | ||
| OM | 19.69% | ||
| PM (TTM) | 10.35% | ||
| GM | 26.51% | ||
| FCFM | 29.56% |
ROA(3y)8.2%
ROA(5y)2.97%
ROE(3y)17.64%
ROE(5y)6.93%
ROIC(3y)9.28%
ROIC(5y)N/A
ROICexc(3y)9.96%
ROICexc(5y)N/A
ROICexgc(3y)9.96%
ROICexgc(5y)N/A
ROCE(3y)12.56%
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 3Y-51.4%
PM growth 5YN/A
GM growth 3Y281.53%
GM growth 5YN/A
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 4.59% | ||
| Cap/Sales | 1.11% | ||
| Interest Coverage | 8.91 | ||
| Cash Conversion | 69.81% | ||
| Profit Quality | 285.58% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.72 |
F-Score5
WACC8.52%
ROIC/WACC1
Cap/Depr(3y)126.22%
Cap/Depr(5y)48284.5%
Cap/Sales(3y)24.6%
Cap/Sales(5y)N/A
Profit Quality(3y)81.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-63.69%
EPS 3Y-28.87%
EPS 5YN/A
EPS Q2Q%-22.89%
EPS Next Y-92.8%
EPS Next 2Y23.74%
EPS Next 3Y136.62%
EPS Next 5Y23.64%
Revenue 1Y (TTM)-29.8%
Revenue growth 3Y124.16%
Revenue growth 5YN/A
Sales Q2Q%-20.08%
Revenue Next Year-9.17%
Revenue Next 2Y3.23%
Revenue Next 3Y8.03%
Revenue Next 5Y7.26%
EBIT growth 1Y-55.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year73.96%
EBIT Next 3Y41.37%
EBIT Next 5Y15.97%
FCF growth 1Y28.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-31.05%
OCF growth 3YN/A
OCF growth 5YN/A