RAMACO RESOURCES INC-A (METC) Stock Fundamental Analysis
NASDAQ:METC - Nasdaq - US75134P3038 - Common Stock - Currency: USD
Taking everything into account, METC scores 4 out of 10 in our fundamental rating. METC was compared to 154 industry peers in the Metals & Mining industry. While METC is still in line with the averages on profitability rating, there are concerns on its financial health. METC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
METC had negative earnings in the past year.
METC had a positive operating cash flow in the past year.
METC had positive earnings in 4 of the past 5 years.
In the past 5 years METC always reported a positive cash flow from operatings.
1.2 Ratios
METC has a Return On Assets of -0.04%. This is comparable to the rest of the industry: METC outperforms 53.90% of its industry peers.
Looking at the Return On Equity, with a value of -0.08%, METC is in line with its industry, outperforming 53.90% of the companies in the same industry.
With a Return On Invested Capital value of 0.18%, METC perfoms like the industry average, outperforming 43.51% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for METC is above the industry average of 11.67%.
The last Return On Invested Capital (0.18%) for METC is well below the 3 year average (14.58%), which needs to be investigated, but indicates that METC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.04% | ||
| ROE | -0.08% | ||
| ROIC | 0.18% |
ROA(3y)11.16%
ROA(5y)8.69%
ROE(3y)20.96%
ROE(5y)15.77%
ROIC(3y)14.58%
ROIC(5y)N/A
1.3 Margins
METC's Profit Margin has declined in the last couple of years.
METC has a Operating Margin (0.21%) which is in line with its industry peers.
METC's Operating Margin has declined in the last couple of years.
The Gross Margin of METC (19.19%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of METC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 19.19% |
OM growth 3Y-43.63%
OM growth 5Y-27.9%
PM growth 3Y-50.73%
PM growth 5Y-31.1%
GM growth 3Y-13.69%
GM growth 5Y-7.46%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), METC is creating some value.
The number of shares outstanding for METC has been increased compared to 1 year ago.
METC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for METC is higher compared to a year ago.
2.2 Solvency
METC has an Altman-Z score of 2.47. This is not the best score and indicates that METC is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.47, METC is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of METC is 2.90, which is a good value as it means it would take METC, 2.90 years of fcf income to pay off all of its debts.
METC has a better Debt to FCF ratio (2.90) than 76.62% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that METC is not too dependend on debt financing.
METC has a worse Debt to Equity ratio (0.33) than 64.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.9 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.02
WACC8.72%
2.3 Liquidity
METC has a Current Ratio of 1.32. This is a normal value and indicates that METC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of METC (1.32) is worse than 75.97% of its industry peers.
A Quick Ratio of 0.87 indicates that METC may have some problems paying its short term obligations.
The Quick ratio of METC (0.87) is worse than 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for METC have decreased strongly by -106.30% in the last year.
Measured over the past years, METC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.73% on average per year.
METC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.23%.
The Revenue has been growing by 23.68% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-106.3%
EPS 3Y-43.98%
EPS 5Y-23.73%
EPS Q2Q%-480%
Revenue 1Y (TTM)-10.23%
Revenue growth 3Y32.97%
Revenue growth 5Y23.68%
Sales Q2Q%-22.02%
3.2 Future
Based on estimates for the next years, METC will show a very strong growth in Earnings Per Share. The EPS will grow by 57.69% on average per year.
Based on estimates for the next years, METC will show a quite strong growth in Revenue. The Revenue will grow by 9.97% on average per year.
EPS Next Y-363.93%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
EPS Next 5Y57.69%
Revenue Next Year-2.25%
Revenue Next 2Y10.76%
Revenue Next 3Y7.54%
Revenue Next 5Y9.97%
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.
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 METC. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 9.47, the valuation of METC can be described as very reasonable.
METC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. METC is cheaper than 79.22% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of METC to the average of the S&P500 Index (21.90), we can say METC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
64.29% of the companies in the same industry are more expensive than METC, based on the Enterprise Value to EBITDA ratio.
METC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. METC is cheaper than 83.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.63 | ||
| EV/EBITDA | 12.15 |
4.3 Compensation for Growth
METC's earnings are expected to grow with 86.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y180.7%
EPS Next 3Y86.85%
5. Dividend
5.1 Amount
METC has a Yearly Dividend Yield of 8.52%, which is a nice return.
Compared to an average industry Dividend Yield of 2.98, METC pays a better dividend. On top of this METC pays more dividend than 96.10% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, METC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
5.2 History
On average, the dividend of METC grows each year by 27.51%, which is quite nice.
METC has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)27.51%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
The earnings of METC are negative and hence is the payout ratio. METC will probably not be able to sustain this dividend level.
METC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-6316.16%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
11.94
-0.07 (-0.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners50.72%
Inst Owner Change3.89%
Ins Owners10.57%
Ins Owner Change-0.9%
Market Cap759.86M
Analysts84.44
Price Target13.26 (11.06%)
Short Float %13.25%
Short Ratio4.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
Yearly Dividend0.46
Dividend Growth(5Y)27.51%
DP-6316.16%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.48%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)0.57%
Revenue beat(4)3
Avg Revenue beat(4)1.33%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)4.93%
Revenue beat(8)6
Avg Revenue beat(8)2.52%
Revenue beat(12)7
Avg Revenue beat(12)-0.22%
Revenue beat(16)8
Avg Revenue beat(16)1.33%
PT rev (1m)-6.02%
PT rev (3m)-22%
EPS NQ rev (1m)-65.15%
EPS NQ rev (3m)-282.18%
EPS NY rev (1m)-312.67%
EPS NY rev (3m)-183.64%
Revenue NQ rev (1m)-11.98%
Revenue NQ rev (3m)-12.7%
Revenue NY rev (1m)-4.43%
Revenue NY rev (3m)-19.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.47 | ||
| P/S | 1.21 | ||
| P/FCF | 17.63 | ||
| P/OCF | 6.69 | ||
| P/B | 2.14 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 12.15 |
EPS(TTM)-0.08
EYN/A
EPS(NY)1.26
Fwd EY10.56%
FCF(TTM)0.68
FCFY5.67%
OCF(TTM)1.78
OCFY14.94%
SpS9.87
BVpS5.58
TBVpS5.58
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.04% | ||
| ROE | -0.08% | ||
| ROCE | 0.24% | ||
| ROIC | 0.18% | ||
| ROICexc | 0.2% | ||
| ROICexgc | 0.2% | ||
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 19.19% | ||
| FCFM | 6.86% |
ROA(3y)11.16%
ROA(5y)8.69%
ROE(3y)20.96%
ROE(5y)15.77%
ROIC(3y)14.58%
ROIC(5y)N/A
ROICexc(3y)15.87%
ROICexc(5y)N/A
ROICexgc(3y)15.87%
ROICexgc(5y)N/A
ROCE(3y)18.97%
ROCE(5y)N/A
ROICexcg growth 3Y-40.45%
ROICexcg growth 5Y-26.7%
ROICexc growth 3Y-40.45%
ROICexc growth 5Y-26.7%
OM growth 3Y-43.63%
OM growth 5Y-27.9%
PM growth 3Y-50.73%
PM growth 5Y-31.1%
GM growth 3Y-13.69%
GM growth 5Y-7.46%
F-Score3
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.9 | ||
| Debt/EBITDA | 1.7 | ||
| Cap/Depr | 103.66% | ||
| Cap/Sales | 11.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 163.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.47 |
F-Score3
WACC8.72%
ROIC/WACC0.02
Cap/Depr(3y)185.43%
Cap/Depr(5y)157.51%
Cap/Sales(3y)14.68%
Cap/Sales(5y)13.82%
Profit Quality(3y)180.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-106.3%
EPS 3Y-43.98%
EPS 5Y-23.73%
EPS Q2Q%-480%
EPS Next Y-363.93%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
EPS Next 5Y57.69%
Revenue 1Y (TTM)-10.23%
Revenue growth 3Y32.97%
Revenue growth 5Y23.68%
Sales Q2Q%-22.02%
Revenue Next Year-2.25%
Revenue Next 2Y10.76%
Revenue Next 3Y7.54%
Revenue Next 5Y9.97%
EBIT growth 1Y-97.99%
EBIT growth 3Y-25.04%
EBIT growth 5Y-10.82%
EBIT Next Year746.54%
EBIT Next 3Y153.3%
EBIT Next 5Y97.62%
FCF growth 1Y744.92%
FCF growth 3Y22.57%
FCF growth 5YN/A
OCF growth 1Y-13.94%
OCF growth 3Y28.34%
OCF growth 5Y21.59%