KINETIK HOLDINGS INC (KNTK) Stock Fundamental Analysis
USA - NYSE:KNTK - US02215L2097 - Common Stock
43.73 USD
+0.48 (+1.11%)
43.73 USD
0 (0%)
Taking everything into account, KNTK scores 3 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. While showing a medium growth rate, KNTK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year KNTK was profitable.
In the past year KNTK had a positive cash flow from operations.
KNTK had positive earnings in 4 of the past 5 years.
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 63.81% of its industry peers.
KNTK has a worse Return On Invested Capital (2.58%) than 67.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KNTK is significantly below the industry average of 21.91%.
| 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 (11.69%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of KNTK has grown nicely.
Looking at the Gross Margin, with a value of 56.05%, KNTK is in the better half of the industry, outperforming 65.24% of the companies in the same industry.
In the last couple of years the Gross Margin of KNTK has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KNTK is destroying value.
KNTK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KNTK has been reduced compared to 5 years ago.
Compared to 1 year ago, KNTK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.43, we must say that KNTK is in the distress zone and has some risk of bankruptcy.
KNTK has a worse Altman-Z score (0.43) than 64.29% of its industry peers.
The Debt to FCF ratio of KNTK is 14.49, which is on the high side as it means it would take KNTK, 14.49 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KNTK (14.49) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Altman-Z | 0.43 |
ROIC/WACC0.28
WACC9.31%
2.3 Liquidity
KNTK has a Current 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.
KNTK has a worse Current ratio (0.62) than 80.95% 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.
Looking at the Quick ratio, with a value of 0.62, KNTK is doing worse than 74.29% of the companies in the same industry.
| 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
The Earnings Per Share is expected to grow by 5.10% on average over the next years.
KNTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.37% yearly.
EPS Next Y31.42%
EPS Next 2Y49.64%
EPS Next 3Y39.7%
EPS Next 5Y5.1%
Revenue Next Year37.44%
Revenue Next 2Y29.8%
Revenue Next 3Y23.6%
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.
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
A Price/Earnings ratio of 59.09 indicates a quite expensive valuation of KNTK.
66.67% of the companies in the same industry are cheaper than KNTK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.30. KNTK is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 19.15 indicates a rather expensive valuation of KNTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KNTK is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.73. KNTK is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.09 | ||
| Fwd PE | 19.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNTK is valued a bit more expensive than 69.05% of the companies in the same industry.
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 | 26.14 | ||
| EV/EBITDA | 19.47 |
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 39.70% in the coming years.
PEG (NY)1.88
PEG (5Y)N/A
EPS Next 2Y49.64%
EPS Next 3Y39.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.21%, KNTK is a good candidate for dividend investing.
KNTK's Dividend Yield is a higher than the industry average which is at 6.14.
Compared to an average S&P500 Dividend Yield of 2.41, KNTK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
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 2Y49.64%
EPS Next 3Y39.7%
43.73
+0.48 (+1.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners71.86%
Inst Owner ChangeN/A
Ins Owners8.32%
Ins Owner Change0.9%
Market Cap7.08B
Analysts77
Price Target53.29 (21.86%)
Short Float %8.1%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
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)-0.56%
PT rev (3m)-2.95%
EPS NQ rev (1m)-9.39%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-17.3%
Revenue NQ rev (1m)-2.51%
Revenue NQ rev (3m)-5.65%
Revenue NY rev (1m)1.26%
Revenue NY rev (3m)12.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.09 | ||
| Fwd PE | 19.15 | ||
| P/S | 4.29 | ||
| P/FCF | 26.14 | ||
| P/OCF | 10.66 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.47 |
EPS(TTM)0.74
EY1.69%
EPS(NY)2.28
Fwd EY5.22%
FCF(TTM)1.67
FCFY3.83%
OCF(TTM)4.1
OCFY9.38%
SpS10.2
BVpS-9.67
TBVpS-13.45
PEG (NY)1.88
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 | 0.43 |
F-Score5
WACC9.31%
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 Y31.42%
EPS Next 2Y49.64%
EPS Next 3Y39.7%
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 2Y29.8%
Revenue Next 3Y23.6%
Revenue Next 5Y15.37%
EBIT growth 1Y-11.68%
EBIT growth 3Y40.49%
EBIT growth 5Y65.19%
EBIT Next Year253.24%
EBIT Next 3Y63.9%
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%