KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
109.05 USD
-1.37 (-1.24%)
109.05 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. 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.
KEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.04%, KEX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
KEX's Return On Equity of 9.09% is fine compared to the rest of the industry. KEX outperforms 71.43% of its industry peers.
The Return On Invested Capital of KEX (6.74%) is better than 68.57% of its industry peers.
KEX had an Average Return On Invested Capital over the past 3 years of 4.97%. This is significantly below the industry average of 19.58%.
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 of 9.22%. This is comparable to the rest of the industry: KEX outperforms 54.29% of its industry peers.
KEX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 14.13%, KEX is in line with its industry, outperforming 42.86% of the companies in the same industry.
KEX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 33.64%, KEX is doing worse than 62.86% of the companies in the same 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KEX is destroying value.
The number of shares outstanding for KEX has been reduced compared to 1 year ago.
KEX has less shares outstanding than it did 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 2.97. 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 better Altman-Z score (2.97) than 80.00% 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.
KEX has a better Debt to FCF ratio (2.12) than 85.71% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that KEX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.31, KEX is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 2.97 |
ROIC/WACC0.83
WACC8.17%
2.3 Liquidity
A Current Ratio of 1.70 indicates that KEX should not have too much problems paying its short term obligations.
KEX has a Current ratio (1.70) which is in line with its industry peers.
A Quick Ratio of 1.08 indicates that KEX should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.08, KEX is not doing good in the industry: 71.43% 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
KEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.01%, which is quite good.
The Earnings Per Share has been growing by 13.41% on average over the past years. This is quite good.
KEX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.59%.
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
KEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.29% yearly.
The Revenue is expected to grow by 5.34% on average over the next years.
EPS Next Y16.36%
EPS Next 2Y14.16%
EPS Next 3Y12.29%
EPS Next 5YN/A
Revenue Next Year3%
Revenue Next 2Y3.54%
Revenue Next 3Y5.34%
Revenue Next 5YN/A
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 stable.
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 18.36, the valuation of KEX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KEX is on the same level as its industry peers.
When comparing the Price/Earnings ratio of KEX to the average of the S&P500 Index (26.55), we can say KEX is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.32, which indicates a correct valuation of KEX.
The rest of the industry has a similar Price/Forward Earnings ratio as KEX.
KEX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.36 | ||
| Fwd PE | 15.32 |
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 65.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.95 | ||
| EV/EBITDA | 9.61 |
4.3 Compensation for Growth
KEX's 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 12.29% in the coming years.
PEG (NY)1.12
PEG (5Y)1.37
EPS Next 2Y14.16%
EPS Next 3Y12.29%
5. Dividend
5.1 Amount
No dividends for KEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
109.05
-1.37 (-1.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.02%
Inst Owner Change-4.14%
Ins Owners0.75%
Ins Owner Change-0.34%
Market Cap5.91B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts90
Price Target129.25 (18.52%)
Short Float %3.3%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)11.01%
PT rev (3m)3.36%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)0.85%
EPS NY rev (1m)0.53%
EPS NY rev (3m)-0.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.36 | ||
| Fwd PE | 15.32 | ||
| P/S | 1.78 | ||
| P/FCF | 11.95 | ||
| P/OCF | 7.31 | ||
| P/B | 1.76 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 9.61 |
EPS(TTM)5.94
EY5.45%
EPS(NY)7.12
Fwd EY6.53%
FCF(TTM)9.12
FCFY8.37%
OCF(TTM)14.92
OCFY13.68%
SpS61.15
BVpS62.01
TBVpS53.35
PEG (NY)1.12
PEG (5Y)1.37
Graham Number91.04
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 | 2.97 |
F-Score6
WACC8.17%
ROIC/WACC0.83
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 Y16.36%
EPS Next 2Y14.16%
EPS Next 3Y12.29%
EPS Next 5YN/A
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
Revenue Next Year3%
Revenue Next 2Y3.54%
Revenue Next 3Y5.34%
Revenue Next 5YN/A
EBIT growth 1Y6.65%
EBIT growth 3Y80.63%
EBIT growth 5Y13.97%
EBIT Next Year67.49%
EBIT Next 3Y22.38%
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 16.36% in the next year.