KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
107.66 USD
+1.82 (+1.72%)
107.66 USD
0 (0%)
Taking everything into account, KEX scores 5 out of 10 in our fundamental rating. KEX was compared to 35 industry peers in the Marine Transportation industry. KEX has only an average score on both its financial health and profitability. KEX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KEX was profitable.
KEX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: KEX reported negative net income in multiple years.
Each year in the past 5 years KEX had a positive operating cash flow.
1.2 Ratios
KEX has a Return On Assets of 5.04%. This is in the better half of the industry: KEX outperforms 66.67% of its industry peers.
The Return On Equity of KEX (9.09%) is better than 69.44% of its industry peers.
KEX's Return On Invested Capital of 6.74% is fine compared to the rest of the industry. KEX outperforms 69.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KEX is significantly below the industry average of 18.49%.
The last Return On Invested Capital (6.74%) for KEX is above the 3 year average (4.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 9.09% | ||
| ROIC | 6.74% |
ROA(3y)3.67%
ROA(5y)0.36%
ROE(3y)6.52%
ROE(5y)0.44%
ROIC(3y)4.97%
ROIC(5y)3.63%
1.3 Margins
KEX has a Profit Margin (9.22%) which is in line with its industry peers.
In the last couple of years the Profit Margin of KEX has grown nicely.
KEX has a Operating Margin (14.13%) which is comparable to the rest of the industry.
KEX's Operating Margin has improved in the last couple of years.
KEX has a Gross Margin of 33.64%. This is in the lower half of the industry: KEX underperforms 63.89% of its industry peers.
KEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.13% | ||
| PM (TTM) | 9.22% | ||
| GM | 33.64% |
OM growth 3Y59.45%
OM growth 5Y10.82%
PM growth 3YN/A
PM growth 5Y11.9%
GM growth 3Y7.28%
GM growth 5Y2.75%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KEX is destroying value.
KEX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for KEX has been reduced compared to 5 years ago.
The debt/assets ratio for KEX has been reduced compared to a year ago.
2.2 Solvency
KEX has an Altman-Z score of 2.98. This is not the best score and indicates that KEX is in the grey zone with still only limited risk for bankruptcy at the moment.
KEX has a Altman-Z score of 2.98. This is amongst the best in the industry. KEX outperforms 86.11% of its industry peers.
KEX has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as KEX would need 2.12 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.12, KEX belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that KEX is not too dependend on debt financing.
KEX's Debt to Equity ratio of 0.31 is fine compared to the rest of the industry. KEX outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 2.98 |
ROIC/WACC0.84
WACC8.06%
2.3 Liquidity
KEX has a Current Ratio of 1.70. This is a normal value and indicates that KEX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.70, KEX is in line with its industry, outperforming 58.33% of the companies in the same industry.
KEX has a Quick Ratio of 1.08. This is a normal value and indicates that KEX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.08, KEX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.01% over the past year.
The Earnings Per Share has been growing by 13.41% on average over the past years. This is quite good.
The Revenue has been growing slightly by 1.59% in the past year.
Measured over the past years, KEX shows a small growth in Revenue. The Revenue has been growing by 2.85% on average per year.
EPS 1Y (TTM)14.01%
EPS 3Y104.33%
EPS 5Y13.41%
EPS Q2Q%6.45%
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
3.2 Future
The Earnings Per Share is expected to grow by 12.34% on average over the next years. This is quite good.
Based on estimates for the next years, KEX will show a small growth in Revenue. The Revenue will grow by 5.18% on average per year.
EPS Next Y15.75%
EPS Next 2Y13.9%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue Next Year2.94%
Revenue Next 2Y3.53%
Revenue Next 3Y5.18%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.12, the valuation of KEX can be described as rather expensive.
KEX's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.45, KEX is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.20, the valuation of KEX can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KEX is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.46. KEX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KEX indicates a slightly more expensive valuation: KEX is more expensive than 66.67% of the companies listed in the same industry.
KEX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KEX is cheaper than 63.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | 9.64 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of KEX may justify a higher PE ratio.
A more expensive valuation may be justified as KEX's earnings are expected to grow with 12.34% in the coming years.
PEG (NY)1.15
PEG (5Y)1.35
EPS Next 2Y13.9%
EPS Next 3Y12.34%
5. Dividend
5.1 Amount
KEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
107.66
+1.82 (+1.72%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.07%
Inst Owner Change-86.55%
Ins Owners0.73%
Ins Owner Change-0.19%
Market Cap6.01B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts86
Price Target129.25 (20.05%)
Short Float %4.54%
Short Ratio2.47
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)1
Avg EPS beat(2)0.37%
Min EPS beat(2)-0.03%
Max EPS beat(2)0.77%
EPS beat(4)2
Avg EPS beat(4)0.62%
Min EPS beat(4)-0.86%
Max EPS beat(4)2.61%
EPS beat(8)5
Avg EPS beat(8)4.23%
EPS beat(12)8
Avg EPS beat(12)3.82%
EPS beat(16)12
Avg EPS beat(16)4.42%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-0.52%
Max Revenue beat(2)1.93%
Revenue beat(4)1
Avg Revenue beat(4)-1.21%
Min Revenue beat(4)-5.08%
Max Revenue beat(4)1.93%
Revenue beat(8)3
Avg Revenue beat(8)-0.3%
Revenue beat(12)5
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.12%
PT rev (1m)8%
PT rev (3m)0.97%
EPS NQ rev (1m)0.63%
EPS NQ rev (3m)0.29%
EPS NY rev (1m)0.43%
EPS NY rev (3m)-0.87%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.2 | ||
| P/S | 1.81 | ||
| P/FCF | 12.15 | ||
| P/OCF | 7.43 | ||
| P/B | 1.79 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 9.64 |
EPS(TTM)5.94
EY5.52%
EPS(NY)7.08
Fwd EY6.58%
FCF(TTM)8.86
FCFY8.23%
OCF(TTM)14.49
OCFY13.46%
SpS59.4
BVpS60.24
TBVpS51.82
PEG (NY)1.15
PEG (5Y)1.35
Graham Number89.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 9.09% | ||
| ROCE | 8.7% | ||
| ROIC | 6.74% | ||
| ROICexc | 6.8% | ||
| ROICexgc | 7.46% | ||
| OM | 14.13% | ||
| PM (TTM) | 9.22% | ||
| GM | 33.64% | ||
| FCFM | 14.92% |
ROA(3y)3.67%
ROA(5y)0.36%
ROE(3y)6.52%
ROE(5y)0.44%
ROIC(3y)4.97%
ROIC(5y)3.63%
ROICexc(3y)5.03%
ROICexc(5y)3.67%
ROICexgc(3y)5.57%
ROICexgc(5y)4.08%
ROCE(3y)6.42%
ROCE(5y)4.68%
ROICexgc growth 3Y77.3%
ROICexgc growth 5Y12.98%
ROICexc growth 3Y77.93%
ROICexc growth 5Y16.13%
OM growth 3Y59.45%
OM growth 5Y10.82%
PM growth 3YN/A
PM growth 5Y11.9%
GM growth 3Y7.28%
GM growth 5Y2.75%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 121.36% | ||
| Cap/Sales | 9.48% | ||
| Interest Coverage | 10.35 | ||
| Cash Conversion | 111.21% | ||
| Profit Quality | 161.86% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 2.98 |
F-Score6
WACC8.06%
ROIC/WACC0.84
Cap/Depr(3y)139.51%
Cap/Depr(5y)106.36%
Cap/Sales(3y)9.89%
Cap/Sales(5y)8.17%
Profit Quality(3y)101.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.01%
EPS 3Y104.33%
EPS 5Y13.41%
EPS Q2Q%6.45%
EPS Next Y15.75%
EPS Next 2Y13.9%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
Revenue Next Year2.94%
Revenue Next 2Y3.53%
Revenue Next 3Y5.18%
Revenue Next 5YN/A
EBIT growth 1Y6.65%
EBIT growth 3Y80.63%
EBIT growth 5Y13.97%
EBIT Next Year67.44%
EBIT Next 3Y22.66%
EBIT Next 5YN/A
FCF growth 1Y281%
FCF growth 3Y22.78%
FCF growth 5Y9.44%
OCF growth 1Y76.91%
OCF growth 3Y32.99%
OCF growth 5Y8.13%
KIRBY CORP / KEX FAQ
What is the ChartMill fundamental rating of KIRBY CORP (KEX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to KEX.
What is the valuation status for KEX stock?
ChartMill assigns a valuation rating of 4 / 10 to KIRBY CORP (KEX). This can be considered as Fairly Valued.
Can you provide the profitability details for KIRBY CORP?
KIRBY CORP (KEX) has a profitability rating of 6 / 10.
What is the earnings growth outlook for KIRBY CORP?
The Earnings per Share (EPS) of KIRBY CORP (KEX) is expected to grow by 15.75% in the next year.