KINETIK HOLDINGS INC (KNTK) Stock Fundamental Analysis
USA - NYSE:KNTK - US02215L2097 - Common Stock
37.23 USD
-1.15 (-3%)
37.23 USD
0 (0%)
Taking everything into account, KNTK scores 3 out of 10 in our fundamental rating. KNTK was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. While KNTK is still in line with the averages on profitability rating, there are concerns on its financial health. KNTK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KNTK was profitable.
KNTK had a positive operating cash flow in the past year.
Of the past 5 years KNTK 4 years were profitable.
In the past 5 years KNTK always reported a positive cash flow from operatings.
1.2 Ratios
KNTK has a worse Return On Assets (0.62%) than 64.93% of its industry peers.
With a Return On Invested Capital value of 2.58%, KNTK is not doing good in the industry: 66.82% of the companies in the same industry are doing better.
KNTK had an Average Return On Invested Capital over the past 3 years of 2.60%. This is significantly below the industry average of 21.57%.
| 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
The Profit Margin of KNTK (2.68%) is comparable to the rest of the industry.
KNTK has a Operating Margin of 11.69%. This is comparable to the rest of the industry: KNTK outperforms 42.65% of its industry peers.
KNTK's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 56.05%, KNTK is doing good in the industry, outperforming 64.93% of the companies in the same industry.
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.
Compared to 1 year ago, KNTK has more shares outstanding
The number of shares outstanding for KNTK has been reduced compared to 5 years ago.
The debt/assets ratio for KNTK has been reduced compared to a year ago.
2.2 Solvency
KNTK has an Altman-Z score of 0.37. This is a bad value and indicates that KNTK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.37, KNTK is not doing good in the industry: 65.88% of the companies in the same industry are doing better.
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 (14.49) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Altman-Z | 0.37 |
ROIC/WACC0.28
WACC9.18%
2.3 Liquidity
A Current Ratio of 0.62 indicates that KNTK may have some problems paying its short term obligations.
With a Current ratio value of 0.62, KNTK is not doing good in the industry: 81.99% of the companies in the same industry are doing better.
A Quick Ratio of 0.62 indicates that KNTK may have some problems paying its short term obligations.
The Quick ratio of KNTK (0.62) is worse than 75.36% 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 -71.21% 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 a decrease in Revenue. In the last year, the revenue decreased by -4.03%.
The Revenue has been growing by 61.30% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-71.21%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-38.89%
Revenue 1Y (TTM)-4.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%18.72%
3.2 Future
Based on estimates for the next years, KNTK will show a small growth in Earnings Per Share. The EPS will grow by 5.10% on average per year.
The Revenue is expected to grow by 15.37% on average over the next years. This is quite good.
EPS Next Y30.28%
EPS Next 2Y49.19%
EPS Next 3Y41.07%
EPS Next 5Y5.1%
Revenue Next Year37.44%
Revenue Next 2Y25.42%
Revenue Next 3Y19.12%
Revenue Next 5Y15.37%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 50.31, the valuation of KNTK can be described as expensive.
KNTK's Price/Earnings ratio is a bit more expensive when compared to the industry. KNTK is more expensive than 65.40% of the companies in the same industry.
When comparing the Price/Earnings ratio of KNTK to the average of the S&P500 Index (27.70), we can say KNTK is valued expensively.
A Price/Forward Earnings ratio of 16.40 indicates a correct valuation of KNTK.
KNTK's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.15. KNTK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.31 | ||
| Fwd PE | 16.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNTK is valued a bit more expensive than the industry average as 68.25% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KNTK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.26 | ||
| EV/EBITDA | 17.91 |
4.3 Compensation for Growth
KNTK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
KNTK's earnings are expected to grow with 41.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.66
PEG (5Y)N/A
EPS Next 2Y49.19%
EPS Next 3Y41.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.92%, KNTK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.07, KNTK pays a better dividend. On top of this KNTK pays more dividend than 81.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, KNTK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.92% |
5.2 History
KNTK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of KNTK decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
1101.06% of the earnings are spent on dividend by KNTK. This is not a sustainable payout ratio.
DP1101.06%
EPS Next 2Y49.19%
EPS Next 3Y41.07%
37.23
-1.15 (-3%)
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 Change1.08%
Market Cap6.03B
Analysts77.14
Price Target52.7 (41.55%)
Short Float %10.92%
Short Ratio3.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.92% |
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)-0.99%
PT rev (3m)-4.35%
EPS NQ rev (1m)4.7%
EPS NQ rev (3m)-12.59%
EPS NY rev (1m)-0.87%
EPS NY rev (3m)-5.06%
Revenue NQ rev (1m)-7.86%
Revenue NQ rev (3m)-12.71%
Revenue NY rev (1m)-1.38%
Revenue NY rev (3m)12.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.31 | ||
| Fwd PE | 16.4 | ||
| P/S | 3.65 | ||
| P/FCF | 22.26 | ||
| P/OCF | 9.08 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.91 |
EPS(TTM)0.74
EY1.99%
EPS(NY)2.27
Fwd EY6.1%
FCF(TTM)1.67
FCFY4.49%
OCF(TTM)4.1
OCFY11.01%
SpS10.2
BVpS-9.67
TBVpS-13.45
PEG (NY)1.66
PEG (5Y)N/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%
ROICexcg growth 3Y-9.6%
ROICexcg 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 | 0.37 |
F-Score5
WACC9.18%
ROIC/WACC0.28
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)-71.21%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-38.89%
EPS Next Y30.28%
EPS Next 2Y49.19%
EPS Next 3Y41.07%
EPS Next 5Y5.1%
Revenue 1Y (TTM)-4.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%18.72%
Revenue Next Year37.44%
Revenue Next 2Y25.42%
Revenue Next 3Y19.12%
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%