BRIGHAM MINERALS INC-CL A (MNRL) Stock Fundamental Analysis
NYSE:MNRL - New York Stock Exchange, Inc. - US10918L1035 - Common Stock - Currency: USD
Taking everything into account, MNRL scores 6 out of 10 in our fundamental rating. MNRL was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. MNRL has an excellent financial health rating, but there are some minor concerns on its profitability. MNRL is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year MNRL was profitable.
MNRL had a positive operating cash flow in the past year.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.79%, MNRL is in the better half of the industry, outperforming 70.64% of the companies in the same industry.
MNRL has a Return On Equity of 19.28%. This is comparable to the rest of the industry: MNRL outperforms 50.00% of its industry peers.
MNRL has a Return On Invested Capital of 18.82%. This is in the better half of the industry: MNRL outperforms 67.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MNRL is significantly below the industry average of 23.54%.
The last Return On Invested Capital (18.82%) for MNRL is above the 3 year average (4.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.79% | ||
| ROE | 19.28% | ||
| ROIC | 18.82% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.73%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MNRL (42.07%) is better than 82.11% of its industry peers.
MNRL's Profit Margin has declined in the last couple of years.
MNRL has a better Operating Margin (64.58%) than 88.53% of its industry peers.
MNRL's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.58% | ||
| PM (TTM) | 42.07% | ||
| GM | N/A |
OM growth 3Y-3%
OM growth 5Y0.36%
PM growth 3Y-13.82%
PM growth 5Y-10%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MNRL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MNRL has been increased compared to 1 year ago.
The debt/assets ratio for MNRL is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.31 indicates that MNRL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.31, MNRL belongs to the top of the industry, outperforming 92.20% of the companies in the same industry.
The Debt to FCF ratio of MNRL is 1.01, which is an excellent value as it means it would take MNRL, only 1.01 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.01, MNRL belongs to the top of the industry, outperforming 81.19% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that MNRL is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.11, MNRL belongs to the best of the industry, outperforming 80.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 6.31 |
ROIC/WACC1.48
WACC12.76%
2.3 Liquidity
MNRL has a Current Ratio of 4.59. This indicates that MNRL is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MNRL (4.59) is better than 90.37% of its industry peers.
A Quick Ratio of 4.59 indicates that MNRL has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.59, MNRL belongs to the top of the industry, outperforming 91.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.59 | ||
| Quick Ratio | 4.59 |
3. Growth
3.1 Past
MNRL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 117.80%, which is quite impressive.
MNRL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.18% yearly.
The Revenue has grown by 121.54% in the past year. This is a very strong growth!
MNRL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 50.04% yearly.
EPS 1Y (TTM)117.8%
EPS 3Y16.94%
EPS 5Y36.18%
EPS Q2Q%167.74%
Revenue 1Y (TTM)121.54%
Revenue growth 3Y33.8%
Revenue growth 5Y50.04%
Sales Q2Q%124.49%
3.2 Future
The Earnings Per Share is expected to grow by 13.18% on average over the next years. This is quite good.
MNRL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.92% yearly.
EPS Next Y153.23%
EPS Next 2Y53.89%
EPS Next 3Y29.87%
EPS Next 5Y13.18%
Revenue Next Year106.72%
Revenue Next 2Y44.13%
Revenue Next 3Y27.05%
Revenue Next 5Y14.92%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 12.65, the valuation of MNRL can be described as correct.
MNRL's Price/Earnings ratio is in line with the industry average.
MNRL is valuated cheaply when we compare the Price/Earnings ratio to 26.82, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.48, MNRL is valued correctly.
60.55% of the companies in the same industry are cheaper than MNRL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MNRL to the average of the S&P500 Index (35.24), we can say MNRL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.65 | ||
| Fwd PE | 12.48 |
4.2 Price Multiples
MNRL's Enterprise Value to EBITDA ratio is in line with the industry average.
63.76% of the companies in the same industry are cheaper than MNRL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.43 | ||
| EV/EBITDA | 7.3 |
4.3 Compensation for Growth
MNRL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MNRL's earnings are expected to grow with 29.87% in the coming years.
PEG (NY)0.08
PEG (5Y)0.35
EPS Next 2Y53.89%
EPS Next 3Y29.87%
5. Dividend
5.1 Amount
MNRL has a Yearly Dividend Yield of 9.47%, which is a nice return.
MNRL's Dividend Yield is rather good when compared to the industry average which is at 6.28. MNRL pays more dividend than 88.53% of the companies in the same industry.
MNRL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.47% |
5.2 History
MNRL has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
MNRL pays out 91.28% of its income as dividend. This is not a sustainable payout ratio.
DP91.28%
EPS Next 2Y53.89%
EPS Next 3Y29.87%
32.5
-0.52 (-1.57%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners0.15%
Ins Owner Change0%
Market Cap1.76B
Analysts81.82
Price Target37.38 (15.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.47% |
Yearly Dividend1.33
Dividend Growth(5Y)N/A
DP91.28%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.56%
Min EPS beat(2)4.39%
Max EPS beat(2)16.72%
EPS beat(4)3
Avg EPS beat(4)14.18%
Min EPS beat(4)-5.07%
Max EPS beat(4)40.67%
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)2
Avg Revenue beat(2)8.79%
Min Revenue beat(2)5.86%
Max Revenue beat(2)11.73%
Revenue beat(4)3
Avg Revenue beat(4)10.75%
Min Revenue beat(4)-1.74%
Max Revenue beat(4)27.17%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.6%
PT rev (3m)N/A
EPS NQ rev (1m)-5.82%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.12%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)1.78%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.85%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.65 | ||
| Fwd PE | 12.48 | ||
| P/S | 5.79 | ||
| P/FCF | 24.43 | ||
| P/OCF | 8.82 | ||
| P/B | 2.65 | ||
| P/tB | 2.96 | ||
| EV/EBITDA | 7.3 |
EPS(TTM)2.57
EY7.91%
EPS(NY)2.6
Fwd EY8.02%
FCF(TTM)1.33
FCFY4.09%
OCF(TTM)3.68
OCFY11.33%
SpS5.61
BVpS12.25
TBVpS10.98
PEG (NY)0.08
PEG (5Y)0.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.79% | ||
| ROE | 19.28% | ||
| ROCE | N/A | ||
| ROIC | 18.82% | ||
| ROICexc | 19.59% | ||
| ROICexgc | 19.59% | ||
| OM | 64.58% | ||
| PM (TTM) | 42.07% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.73%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y13.03%
ROICexcg growth 5Y22.87%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3%
OM growth 5Y0.36%
PM growth 3Y-13.82%
PM growth 5Y-10%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.01 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 253.6% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 56.31% | ||
| Current Ratio | 4.59 | ||
| Quick Ratio | 4.59 | ||
| Altman-Z | 6.31 |
F-Score5
WACC12.76%
ROIC/WACC1.48
Cap/Depr(3y)377.42%
Cap/Depr(5y)803.8%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)117.8%
EPS 3Y16.94%
EPS 5Y36.18%
EPS Q2Q%167.74%
EPS Next Y153.23%
EPS Next 2Y53.89%
EPS Next 3Y29.87%
EPS Next 5Y13.18%
Revenue 1Y (TTM)121.54%
Revenue growth 3Y33.8%
Revenue growth 5Y50.04%
Sales Q2Q%124.49%
Revenue Next Year106.72%
Revenue Next 2Y44.13%
Revenue Next 3Y27.05%
Revenue Next 5Y14.92%
EBIT growth 1Y221.7%
EBIT growth 3Y29.79%
EBIT growth 5Y50.58%
EBIT Next Year226.19%
EBIT Next 3Y44.82%
EBIT Next 5Y22.38%
FCF growth 1Y979.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y161.79%
OCF growth 3Y51.44%
OCF growth 5Y49.79%