LIBERTY ENERGY INC (LBRT)
US53115L1044 - Common Stock
Overall LBRT gets a fundamental rating of 6 out of 10. We evaluated LBRT against 65 industry peers in the Energy Equipment & Services industry. LBRT has an excellent profitability rating, but there are some minor concerns on its financial health. LBRT scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes LBRT very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year LBRT was profitable.
In the past year LBRT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: LBRT reported negative net income in multiple years.
Each year in the past 5 years LBRT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LBRT (18.34%) is better than 95.38% of its industry peers.
The Return On Equity of LBRT (30.22%) is better than 93.85% of its industry peers.
LBRT's Return On Invested Capital of 23.90% is amongst the best of the industry. LBRT outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.34% | ||
| ROE | 30.22% | ||
| ROIC | 23.9% |
ROA(3y)8.36%
ROA(5y)4.4%
ROE(3y)14.06%
ROE(5y)7.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LBRT's Profit Margin of 11.72% is fine compared to the rest of the industry. LBRT outperforms 80.00% of its industry peers.
LBRT's Profit Margin has improved in the last couple of years.
LBRT has a Operating Margin of 15.91%. This is in the better half of the industry: LBRT outperforms 72.31% of its industry peers.
In the last couple of years the Operating Margin of LBRT has grown nicely.
LBRT has a Gross Margin (29.46%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of LBRT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.91% | ||
| PM (TTM) | 11.72% | ||
| GM | 29.46% |
OM growth 3YN/A
OM growth 5Y2.56%
PM growth 3YN/A
PM growth 5Y14.86%
GM growth 3Y37.72%
GM growth 5Y3.82%
2. Health
2.1 Basic Checks
LBRT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, LBRT has less shares outstanding
LBRT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for LBRT is higher compared to a year ago.
2.2 Solvency
LBRT has an Altman-Z score of 4.71. This indicates that LBRT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.71, LBRT belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
LBRT has a debt to FCF ratio of 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
LBRT's Debt to FCF ratio of 0.76 is amongst the best of the industry. LBRT outperforms 89.23% of its industry peers.
LBRT has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.15, LBRT is doing good in the industry, outperforming 70.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | 4.71 |
ROIC/WACC2.63
WACC9.08%
2.3 Liquidity
LBRT has a Current Ratio of 1.49. This is a normal value and indicates that LBRT is financially healthy and should not expect problems in meeting its short term obligations.
LBRT has a worse Current ratio (1.49) than 69.23% of its industry peers.
LBRT has a Quick Ratio of 1.17. This is a normal value and indicates that LBRT is financially healthy and should not expect problems in meeting its short term obligations.
LBRT's Quick ratio of 1.17 is on the low side compared to the rest of the industry. LBRT is outperformed by 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 23.72% over the past year.
LBRT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.33% yearly.
The Revenue has grown by 14.43% in the past year. This is quite good.
Measured over the past years, LBRT shows a quite strong growth in Revenue. The Revenue has been growing by 17.11% on average per year.
EPS 1Y (TTM)23.72%
EPS 3YN/A
EPS 5Y11.33%
EPS growth Q2Q-48.57%
Revenue 1Y (TTM)14.43%
Revenue growth 3Y70.04%
Revenue growth 5Y17.11%
Revenue growth Q2Q-12.29%
3.2 Future
LBRT is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.39% yearly.
Based on estimates for the next years, LBRT will show a decrease in Revenue. The Revenue will decrease by -0.28% on average per year.
EPS Next Y-10.63%
EPS Next 2Y3.3%
EPS Next 3Y2.88%
EPS Next 5Y-8.39%
Revenue Next Year-3.26%
Revenue Next 2Y0.96%
Revenue Next 3Y0.42%
Revenue Next 5Y-0.28%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.06 indicates a rather cheap valuation of LBRT.
90.77% of the companies in the same industry are more expensive than LBRT, based on the Price/Earnings ratio.
LBRT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.80.
With a Price/Forward Earnings ratio of 7.90, the valuation of LBRT can be described as very cheap.
89.23% of the companies in the same industry are more expensive than LBRT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, LBRT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.06 | ||
| Fwd PE | 7.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LBRT is valued cheaply inside the industry as 89.23% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LBRT is valued a bit cheaper than 78.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.96 | ||
| EV/EBITDA | 3.36 |
4.3 Compensation for Growth
The decent profitability rating of LBRT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2Y3.3%
EPS Next 3Y2.88%
5. Dividend
5.1 Amount
LBRT has a Yearly Dividend Yield of 1.30%.
LBRT's Dividend Yield is a higher than the industry average which is at 2.54.
Compared to an average S&P500 Dividend Yield of 2.40, LBRT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
5.2 History
The dividend of LBRT is nicely growing with an annual growth rate of 29.67%!
LBRT has been paying a dividend for over 5 years, so it has already some track record.
LBRT has decreased its dividend recently.
Dividend Growth(5Y)29.67%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
6.77% of the earnings are spent on dividend by LBRT. This is a low number and sustainable payout ratio.
DP6.77%
EPS Next 2Y3.3%
EPS Next 3Y2.88%
LIBERTY ENERGY INC
NYSE:LBRT (4/18/2024, 7:04:54 PM)
After market: 21.7082 -0.39 (-1.77%)22.1
+0.58 (+2.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.68B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.06 | ||
| Fwd PE | 7.9 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.34% | ||
| ROE | 30.22% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 15.91% | ||
| PM (TTM) | 11.72% | ||
| GM | 29.46% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)23.72%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-10.63%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.43%
Revenue growth 3Y70.04%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y