I3 ENERGY PLC (ITE.CA) Stock Fundamental Analysis
TSX:ITE - Toronto Stock Exchange - GB00BDHXPJ60 - Common Stock - Currency: CAD
ITE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 217 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of ITE get a neutral evaluation. Nothing too spectacular is happening here. ITE may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make ITE a good candidate for value investing.
1. Profitability
1.1 Basic Checks
ITE had positive earnings in the past year.
In the past year ITE had a positive cash flow from operations.
ITE had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: ITE reported negative operating cash flow in multiple years.
1.2 Ratios
ITE has a Return On Assets of 5.41%. This is in the better half of the industry: ITE outperforms 79.55% of its industry peers.
ITE has a better Return On Equity (9.35%) than 61.36% of its industry peers.
ITE has a Return On Invested Capital of 8.50%. This is amongst the best in the industry. ITE outperforms 83.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ITE is above the industry average of 7.24%.
| 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
Looking at the Profit Margin, with a value of 10.35%, ITE is in the better half of the industry, outperforming 60.91% of the companies in the same industry.
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.
With a Gross Margin value of 26.51%, ITE perfoms like the industry average, outperforming 44.55% of the companies in the same industry.
ITE's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for ITE has been increased compared to 1 year ago.
The number of shares outstanding for ITE has been increased compared to 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.
Looking at the Altman-Z score, with a value of 1.72, ITE is in the better half of the industry, outperforming 66.36% of the companies in the same industry.
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.
ITE's Debt to FCF ratio of 0.00 is amongst the best of the industry. ITE outperforms 97.73% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that ITE is not too dependend on debt financing.
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
A Current Ratio of 1.11 indicates that ITE should not have too much problems paying its short term obligations.
ITE has a better Current ratio (1.11) than 63.64% of its industry peers.
A Quick Ratio of 1.04 indicates that ITE should not have too much problems paying its short term obligations.
ITE has a Quick ratio of 1.04. This is in the better half of the industry: ITE outperforms 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.
The Revenue for ITE has decreased by -29.80% in the past year. This is quite bad
The Revenue has been growing by 124.16% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 23.64% on average over the next years. This is a very strong growth
ITE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.26% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
ITE's Price/Earnings ratio is a bit cheaper when compared to the industry. ITE is cheaper than 64.55% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.05. ITE is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 4.22, which indicates a rather cheap valuation of ITE.
Based on the Price/Forward Earnings ratio, ITE is valued cheaply inside the industry as 86.82% of the companies are valued more expensively.
ITE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.07.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 4.22 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ITE indicates a rather cheap valuation: ITE is cheaper than 94.55% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ITE is valued cheaply inside the industry as 98.18% of the companies are valued more expensively.
| 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 6.73, 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 2.40.
| 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
ITE pays out 47.61% of its income as dividend. 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