KINETIK HOLDINGS INC (KNTK) Stock Fundamental Analysis
USA - NYSE:KNTK - US02215L2097 - Common Stock
34.95 USD
+0.66 (+1.92%)
35.2128 USD
+0.26 (+0.75%)
Taking everything into account, KNTK scores 4 out of 10 in our fundamental rating. KNTK was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of KNTK while its profitability can be described as average. KNTK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
KNTK had positive earnings in the past year.
In the past year KNTK had a positive cash flow from operations.
Of the past 5 years KNTK 4 years were profitable.
KNTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.62%, KNTK is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
The Return On Invested Capital of KNTK (2.58%) is worse than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KNTK is significantly below the industry average of 21.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | N/A | ||
| ROIC | 2.58% |
ROA(3y)2.04%
ROA(5y)1.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.6%
ROIC(5y)2.92%
1.3 Margins
Looking at the Profit Margin, with a value of 2.68%, KNTK is in line with its industry, outperforming 40.48% of the companies in the same industry.
KNTK has a Operating Margin (11.69%) which is in line with its industry peers.
KNTK's Operating Margin has improved in the last couple of years.
KNTK's Gross Margin of 56.05% is fine compared to the rest of the industry. KNTK outperforms 65.71% of its industry peers.
KNTK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.69% | ||
| PM (TTM) | 2.68% | ||
| GM | 56.05% |
OM growth 3Y-33.04%
OM growth 5Y2.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.48%
GM growth 5Y-0.81%
2. Health
2.1 Basic Checks
KNTK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
KNTK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, KNTK has less shares outstanding
Compared to 1 year ago, KNTK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.33, we must say that KNTK is in the distress zone and has some risk of bankruptcy.
KNTK has a Altman-Z score of 0.33. This is in the lower half of the industry: KNTK underperforms 64.76% of its industry peers.
KNTK has a debt to FCF ratio of 14.49. This is a negative value and a sign of low solvency as KNTK would need 14.49 years to pay back of all of its debts.
KNTK has a Debt to FCF ratio of 14.49. This is comparable to the rest of the industry: KNTK outperforms 49.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Altman-Z | 0.33 |
ROIC/WACC0.29
WACC8.86%
2.3 Liquidity
A Current Ratio of 0.62 indicates that KNTK may have some problems paying its short term obligations.
KNTK has a Current ratio of 0.62. This is amonst the worse of the industry: KNTK underperforms 80.00% of its industry peers.
KNTK has a Quick Ratio of 0.62. This is a bad value and indicates that KNTK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of KNTK (0.62) is worse than 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for KNTK have decreased strongly by -84.50% in the last year.
Measured over the past years, KNTK shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -61.79% on average per year.
KNTK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.03%.
Measured over the past years, KNTK shows a very strong growth in Revenue. The Revenue has been growing by 61.30% on average per year.
EPS 1Y (TTM)-84.5%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-91.43%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%17.06%
3.2 Future
KNTK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.98% yearly.
The Revenue is expected to grow by 15.37% on average over the next years. This is quite good.
EPS Next Y27.44%
EPS Next 2Y51.6%
EPS Next 3Y39.56%
EPS Next 5Y34.98%
Revenue Next Year35.94%
Revenue Next 2Y24.68%
Revenue Next 3Y19.97%
Revenue Next 5Y15.37%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 83.21, the valuation of KNTK can be described as expensive.
66.67% of the companies in the same industry are cheaper than KNTK, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.06, KNTK is valued quite expensively.
Based on the Price/Forward Earnings ratio of 14.91, the valuation of KNTK can be described as correct.
KNTK's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, KNTK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.21 | ||
| Fwd PE | 14.91 |
4.2 Price Multiples
KNTK's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KNTK is more expensive than 67.14% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as KNTK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.89 | ||
| EV/EBITDA | 16.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KNTK does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as KNTK's earnings are expected to grow with 39.56% in the coming years.
PEG (NY)3.03
PEG (5Y)N/A
EPS Next 2Y51.6%
EPS Next 3Y39.56%
5. Dividend
5.1 Amount
KNTK has a Yearly Dividend Yield of 9.10%, which is a nice return.
KNTK's Dividend Yield is rather good when compared to the industry average which is at 6.14. KNTK pays more dividend than 86.67% of the companies in the same industry.
KNTK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.1% |
5.2 History
KNTK has been paying a dividend for over 5 years, so it has already some track record.
KNTK has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
KNTK pays out 1101.06% of its income as dividend. This is not a sustainable payout ratio.
DP1101.06%
EPS Next 2Y51.6%
EPS Next 3Y39.56%
34.95
+0.66 (+1.92%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.89%
Inst Owner ChangeN/A
Ins Owners8.25%
Ins Owner Change0.59%
Market Cap5.66B
Revenue(TTM)1.48B
Net Income(TTM)44.33M
Analysts78.1
Price Target51.71 (47.95%)
Short Float %14.28%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.1% |
Yearly Dividend2.56
Dividend Growth(5Y)N/A
DP1101.06%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-27.58%
Min EPS beat(2)-84.45%
Max EPS beat(2)29.3%
EPS beat(4)1
Avg EPS beat(4)-43.92%
Min EPS beat(4)-97.39%
Max EPS beat(4)29.3%
EPS beat(8)3
Avg EPS beat(8)-4.25%
EPS beat(12)4
Avg EPS beat(12)-13.74%
EPS beat(16)5
Avg EPS beat(16)-3.05%
Revenue beat(2)0
Avg Revenue beat(2)-1.84%
Min Revenue beat(2)-2.72%
Max Revenue beat(2)-0.96%
Revenue beat(4)1
Avg Revenue beat(4)2.63%
Min Revenue beat(4)-3.11%
Max Revenue beat(4)17.33%
Revenue beat(8)4
Avg Revenue beat(8)3.32%
Revenue beat(12)8
Avg Revenue beat(12)6.02%
Revenue beat(16)11
Avg Revenue beat(16)15.04%
PT rev (1m)-1.89%
PT rev (3m)-3.53%
EPS NQ rev (1m)-12.47%
EPS NQ rev (3m)-21.56%
EPS NY rev (1m)-2.18%
EPS NY rev (3m)-4.02%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-12.1%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 83.21 | ||
| Fwd PE | 14.91 | ||
| P/S | 3.43 | ||
| P/FCF | 20.89 | ||
| P/OCF | 8.52 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.91 |
EPS(TTM)0.42
EY1.2%
EPS(NY)2.34
Fwd EY6.71%
FCF(TTM)1.67
FCFY4.79%
OCF(TTM)4.1
OCFY11.73%
SpS10.2
BVpS-9.67
TBVpS-13.45
PEG (NY)3.03
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | N/A | ||
| ROCE | 2.91% | ||
| ROIC | 2.58% | ||
| ROICexc | 2.59% | ||
| ROICexgc | 2.84% | ||
| OM | 11.69% | ||
| PM (TTM) | 2.68% | ||
| GM | 56.05% | ||
| FCFM | 16.4% |
ROA(3y)2.04%
ROA(5y)1.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.6%
ROIC(5y)2.92%
ROICexc(3y)2.6%
ROICexc(5y)2.99%
ROICexgc(3y)2.91%
ROICexgc(5y)3.18%
ROCE(3y)2.86%
ROCE(5y)3.21%
ROICexgc growth 3Y-9.6%
ROICexgc growth 5Y25.06%
ROICexc growth 3Y-12.74%
ROICexc growth 5Y22.43%
OM growth 3Y-33.04%
OM growth 5Y2.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.48%
GM growth 5Y-0.81%
F-Score5
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Debt/EBITDA | 7.07 | ||
| Cap/Depr | 108.62% | ||
| Cap/Sales | 23.8% | ||
| Interest Coverage | 0.93 | ||
| Cash Conversion | 119.62% | ||
| Profit Quality | 611.03% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.33 |
F-Score5
WACC8.86%
ROIC/WACC0.29
Cap/Depr(3y)95.84%
Cap/Depr(5y)100.92%
Cap/Sales(3y)21.03%
Cap/Sales(5y)17.23%
Profit Quality(3y)441.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-84.5%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-91.43%
EPS Next Y27.44%
EPS Next 2Y51.6%
EPS Next 3Y39.56%
EPS Next 5Y34.98%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%17.06%
Revenue Next Year35.94%
Revenue Next 2Y24.68%
Revenue Next 3Y19.97%
Revenue Next 5Y15.37%
EBIT growth 1Y-11.68%
EBIT growth 3Y40.49%
EBIT growth 5Y65.19%
EBIT Next Year253.9%
EBIT Next 3Y64.84%
EBIT Next 5Y38.78%
FCF growth 1Y4.46%
FCF growth 3Y20.79%
FCF growth 5YN/A
OCF growth 1Y15.46%
OCF growth 3Y44.85%
OCF growth 5Y52.89%
KINETIK HOLDINGS INC / KNTK FAQ
Can you provide the ChartMill fundamental rating for KINETIK HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to KNTK.
Can you provide the valuation status for KINETIK HOLDINGS INC?
ChartMill assigns a valuation rating of 3 / 10 to KINETIK HOLDINGS INC (KNTK). This can be considered as Overvalued.
How profitable is KINETIK HOLDINGS INC (KNTK) stock?
KINETIK HOLDINGS INC (KNTK) has a profitability rating of 4 / 10.
What is the earnings growth outlook for KINETIK HOLDINGS INC?
The Earnings per Share (EPS) of KINETIK HOLDINGS INC (KNTK) is expected to grow by 27.44% in the next year.
Can you provide the dividend sustainability for KNTK stock?
The dividend rating of KINETIK HOLDINGS INC (KNTK) is 5 / 10 and the dividend payout ratio is 1101.06%.