KIMBELL ROYALTY PARTNERS LP (KRP) Stock Price, Forecast & Analysis
USA - NYSE:KRP - US49435R1023
13.25 USD
+0.06 (+0.45%)
13.25 USD
0 (0%)
Taking everything into account, KRP scores 4 out of 10 in our fundamental rating. KRP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. KRP scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. KRP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KRP has reported negative net income.
In the past year KRP had a positive cash flow from operations.
In multiple years KRP reported negative net income over the last 5 years.
KRP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KRP has a worse Return On Assets (-0.08%) than 69.05% of its industry peers.
KRP's Return On Equity of -0.14% is on the low side compared to the rest of the industry. KRP is outperformed by 67.14% of its industry peers.
The Return On Invested Capital of KRP (7.66%) is better than 69.52% of its industry peers.
KRP had an Average Return On Invested Capital over the past 3 years of 8.31%. This is significantly below the industry average of 21.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -0.14% | ||
| ROIC | 7.66% |
ROA(3y)4.7%
ROA(5y)-2.36%
ROE(3y)7.84%
ROE(5y)-5.04%
ROIC(3y)8.31%
ROIC(5y)6.37%
1.3 Margins
KRP's Operating Margin of 38.29% is amongst the best of the industry. KRP outperforms 85.71% of its industry peers.
In the last couple of years the Operating Margin of KRP has grown nicely.
KRP does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.29% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-4.16%
OM growth 5Y14.5%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KRP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
KRP has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for KRP has been increased compared to 5 years ago.
KRP has a better debt/assets ratio than last year.
2.2 Solvency
KRP has a debt to FCF ratio of 21.08. This is a negative value and a sign of low solvency as KRP would need 21.08 years to pay back of all of its debts.
With a Debt to FCF ratio value of 21.08, KRP perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
KRP has a Debt/Equity ratio of 0.65. This is a neutral value indicating KRP is somewhat dependend on debt financing.
KRP's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. KRP is outperformed by 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 21.08 | ||
| Altman-Z | N/A |
ROIC/WACC0.87
WACC8.81%
2.3 Liquidity
KRP has a Current Ratio of 5.50. This indicates that KRP is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 5.50, KRP belongs to the best of the industry, outperforming 90.95% of the companies in the same industry.
KRP has a Quick Ratio of 5.50. This indicates that KRP is financially healthy and has no problem in meeting its short term obligations.
KRP has a better Quick ratio (5.50) than 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.5 | ||
| Quick Ratio | 5.5 |
3. Growth
3.1 Past
The earnings per share for KRP have decreased strongly by -109.21% in the last year.
The Revenue has been growing slightly by 5.18% in the past year.
Measured over the past years, KRP shows a very strong growth in Revenue. The Revenue has been growing by 23.38% on average per year.
EPS 1Y (TTM)-109.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.64%
Revenue 1Y (TTM)5.18%
Revenue growth 3Y31.64%
Revenue growth 5Y23.38%
Sales Q2Q%-3.78%
3.2 Future
Based on estimates for the next years, KRP will show a very strong growth in Earnings Per Share. The EPS will grow by 94.98% on average per year.
Based on estimates for the next years, KRP will show a small growth in Revenue. The Revenue will grow by 3.45% on average per year.
EPS Next Y627.27%
EPS Next 2Y160.21%
EPS Next 3Y94.98%
EPS Next 5YN/A
Revenue Next Year4.7%
Revenue Next 2Y2.52%
Revenue Next 3Y3.45%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for KRP. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 25.25, which means the current valuation is very expensive for KRP.
60.00% of the companies in the same industry are cheaper than KRP, based on the Price/Forward Earnings ratio.
KRP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.25 |
4.2 Price Multiples
KRP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KRP is cheaper than 60.48% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KRP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.22 | ||
| EV/EBITDA | 7.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KRP's earnings are expected to grow with 94.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y160.21%
EPS Next 3Y94.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.70%, KRP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.90, KRP pays a better dividend. On top of this KRP pays more dividend than 94.76% of the companies listed in the same industry.
KRP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.7% |
5.2 History
The dividend of KRP is nicely growing with an annual growth rate of 10.34%!
KRP has been paying a dividend for over 5 years, so it has already some track record.
The dividend of KRP decreased recently.
Dividend Growth(5Y)10.34%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of KRP are negative and hence is the payout ratio. KRP will probably not be able to sustain this dividend level.
The dividend of KRP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-16969.7%
EPS Next 2Y160.21%
EPS Next 3Y94.98%
13.25
+0.06 (+0.45%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners26.95%
Inst Owner Change-9.65%
Ins Owners3.67%
Ins Owner Change-0.05%
Market Cap1.43B
Revenue(TTM)309.31M
Net Income(TTM)-990.00K
Analysts74.55
Price Target18.19 (37.28%)
Short Float %1.3%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.7% |
Yearly Dividend1.63
Dividend Growth(5Y)10.34%
DP-16969.7%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-29.08%
Min EPS beat(2)-86.42%
Max EPS beat(2)28.25%
EPS beat(4)2
Avg EPS beat(4)-105.12%
Min EPS beat(4)-379.56%
Max EPS beat(4)28.25%
EPS beat(8)3
Avg EPS beat(8)-66.48%
EPS beat(12)7
Avg EPS beat(12)-21.79%
EPS beat(16)9
Avg EPS beat(16)-18.38%
Revenue beat(2)1
Avg Revenue beat(2)1.29%
Min Revenue beat(2)-2.27%
Max Revenue beat(2)4.85%
Revenue beat(4)2
Avg Revenue beat(4)-2.12%
Min Revenue beat(4)-14.72%
Max Revenue beat(4)4.85%
Revenue beat(8)4
Avg Revenue beat(8)-1.56%
Revenue beat(12)8
Avg Revenue beat(12)5.03%
Revenue beat(16)10
Avg Revenue beat(16)3.1%
PT rev (1m)0%
PT rev (3m)-0.93%
EPS NQ rev (1m)-2.25%
EPS NQ rev (3m)-1.51%
EPS NY rev (1m)-9.14%
EPS NY rev (3m)-5.92%
Revenue NQ rev (1m)-1.28%
Revenue NQ rev (3m)-2.38%
Revenue NY rev (1m)-0.78%
Revenue NY rev (3m)-2.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.25 | ||
| P/S | 4.45 | ||
| P/FCF | 65.22 | ||
| P/OCF | 5.83 | ||
| P/B | 2 | ||
| P/tB | 2 | ||
| EV/EBITDA | 7.43 |
EPS(TTM)-0.07
EYN/A
EPS(NY)0.52
Fwd EY3.96%
FCF(TTM)0.2
FCFY1.53%
OCF(TTM)2.27
OCFY17.14%
SpS2.98
BVpS6.63
TBVpS6.63
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -0.14% | ||
| ROCE | 9.69% | ||
| ROIC | 7.66% | ||
| ROICexc | 7.87% | ||
| ROICexgc | 7.87% | ||
| OM | 38.29% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 6.82% |
ROA(3y)4.7%
ROA(5y)-2.36%
ROE(3y)7.84%
ROE(5y)-5.04%
ROIC(3y)8.31%
ROIC(5y)6.37%
ROICexc(3y)8.52%
ROICexc(5y)6.51%
ROICexgc(3y)8.52%
ROICexgc(5y)6.51%
ROCE(3y)10.51%
ROCE(5y)8.06%
ROICexgc growth 3Y1.95%
ROICexgc growth 5Y30.76%
ROICexc growth 3Y1.95%
ROICexc growth 5Y30.76%
OM growth 3Y-4.16%
OM growth 5Y14.5%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 21.08 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 177.05% | ||
| Cap/Sales | 69.44% | ||
| Interest Coverage | 5.35 | ||
| Cash Conversion | 98.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.5 | ||
| Quick Ratio | 5.5 | ||
| Altman-Z | N/A |
F-Score2
WACC8.81%
ROIC/WACC0.87
Cap/Depr(3y)264.68%
Cap/Depr(5y)226.22%
Cap/Sales(3y)74.69%
Cap/Sales(5y)72.67%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-109.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.64%
EPS Next Y627.27%
EPS Next 2Y160.21%
EPS Next 3Y94.98%
EPS Next 5YN/A
Revenue 1Y (TTM)5.18%
Revenue growth 3Y31.64%
Revenue growth 5Y23.38%
Sales Q2Q%-3.78%
Revenue Next Year4.7%
Revenue Next 2Y2.52%
Revenue Next 3Y3.45%
Revenue Next 5YN/A
EBIT growth 1Y4.54%
EBIT growth 3Y26.16%
EBIT growth 5Y41.26%
EBIT Next Year172.64%
EBIT Next 3Y43.24%
EBIT Next 5YN/A
FCF growth 1Y232.85%
FCF growth 3Y92.24%
FCF growth 5Y29.83%
OCF growth 1Y45.23%
OCF growth 3Y40.04%
OCF growth 5Y25.48%
KIMBELL ROYALTY PARTNERS LP / KRP FAQ
Can you describe the business of KIMBELL ROYALTY PARTNERS LP?
Kimbell Royalty Partners LP engages in owning and acquiring mineral and royalty interests in oil and natural gas properties. The company is headquartered in Fort Worth, Texas and currently employs 28 full-time employees. The company went IPO on 2017-02-03. The company owns mineral and royalty interests in over 17 million gross acres in 28 states and in onshore basins in the continental United States, including ownership in more than 130,000 gross wells with over 51,000 wells in the Permian Basin. Its properties include the Permian Basin, Mid-Continent, Appalachian, Eagle Ford, Bakken, Terryville/Cotton Valley/Haynesville, and DJ Basin/Rockies/Niobrara. The Permian Basin extends from southeastern New Mexico into West Texas. The Mid-Continent is an area containing fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Nebraska and Texas and including the Granite Wash, Cleveland, and Mississippi Lime formations. The Appalachian Basin covers most of Pennsylvania, eastern Ohio, West Virginia, western Maryland, eastern Kentucky, central Tennessee, Western Virginia, northwestern Georgia, and northern Alabama. The Eagle Ford shale formation stretches across south Texas.
Can you provide the latest stock price for KIMBELL ROYALTY PARTNERS LP?
The current stock price of KRP is 13.25 USD. The price increased by 0.45% in the last trading session.
What is the ChartMill technical and fundamental rating of KRP stock?
KRP has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 4 out of 10.