KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
128.7 USD
-2.01 (-1.54%)
128.7 USD
0 (0%)
Overall KEX gets a fundamental rating of 5 out of 10. We evaluated KEX against 35 industry peers in the Marine Transportation industry. Both the profitability and the financial health of KEX get a neutral evaluation. Nothing too spectacular is happening here. KEX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- KEX had positive earnings in the past year.
- 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.
- In the past 5 years KEX always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of KEX (5.04%) is better than 74.29% of its industry peers.
- The Return On Equity of KEX (9.09%) is better than 71.43% of its industry peers.
- With a decent Return On Invested Capital value of 6.74%, KEX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for KEX is below the industry average of 7.59%.
- 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 comparable to the rest of the industry.
- In the last couple of years the Profit Margin of KEX has grown nicely.
- KEX has a Operating Margin (14.13%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of KEX has grown nicely.
- KEX has a Gross Margin (33.64%) which is comparable to the rest of the industry.
- 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.
- The number of shares outstanding for KEX has been reduced compared to 1 year ago.
- Compared to 5 years ago, KEX has less shares outstanding
- Compared to 1 year ago, KEX has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.22 indicates that KEX is not in any danger for bankruptcy at the moment.
- KEX's Altman-Z score of 3.22 is fine compared to the rest of the industry. KEX outperforms 80.00% of its industry peers.
- The Debt to FCF ratio of KEX is 2.12, which is a good value as it means it would take KEX, 2.12 years of fcf income to pay off all of its debts.
- KEX's Debt to FCF ratio of 2.12 is amongst the best of the industry. KEX outperforms 91.43% of its industry peers.
- A Debt/Equity ratio of 0.31 indicates that KEX is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.31, KEX perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 3.22 |
ROIC/WACC0.81
WACC8.3%
2.3 Liquidity
- A Current Ratio of 1.70 indicates that KEX should not have too much problems paying its short term obligations.
- The Current ratio of KEX (1.70) is comparable to the rest of the 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.
- KEX has a Quick ratio of 1.08. This is in the lower half of the industry: KEX underperforms 71.43% of its industry peers.
| 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.
- Measured over the past years, KEX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.41% on average per year.
- 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
- Based on estimates for the next years, KEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.18% on average per year.
- KEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.11% yearly.
EPS Next Y16.27%
EPS Next 2Y14.12%
EPS Next 3Y12.18%
EPS Next 5YN/A
Revenue Next Year2.91%
Revenue Next 2Y3.47%
Revenue Next 3Y5.11%
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.
- 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
- KEX is valuated rather expensively with a Price/Earnings ratio of 21.67.
- The rest of the industry has a similar Price/Earnings ratio as KEX.
- The average S&P500 Price/Earnings ratio is at 27.21. KEX is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 18.10, the valuation of KEX can be described as rather expensive.
- KEX's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. KEX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.67 | ||
| Fwd PE | 18.1 |
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 60.00% 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 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.11 | ||
| EV/EBITDA | 11.12 |
4.3 Compensation for Growth
- KEX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- KEX has a very decent profitability rating, which may justify a higher PE ratio.
- KEX's earnings are expected to grow with 12.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.33
PEG (5Y)1.62
EPS Next 2Y14.12%
EPS Next 3Y12.18%
5. Dividend
5.1 Amount
- KEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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.
Can you provide the valuation status for KIRBY CORP?
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.
Can you provide the financial health for KEX stock?
The financial health rating of KIRBY CORP (KEX) is 6 / 10.
Can you provide the expected EPS growth for KEX stock?
The Earnings per Share (EPS) of KIRBY CORP (KEX) is expected to grow by 16.27% in the next year.