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 210 industry peers in the Oil, Gas & Consumable Fuels industry. While MNRL has a great health rating, its profitability is only average at the moment. MNRL is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
MNRL had positive earnings in the past year.
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 (19.28%) which is comparable to the rest of the industry.
MNRL has a better Return On Invested Capital (18.82%) than 67.89% of its industry peers.
MNRL had an Average Return On Invested Capital over the past 3 years of 4.73%. This is significantly below the industry average of 23.80%.
The 3 year average ROIC (4.73%) for MNRL is below the current ROIC(18.82%), indicating increased profibility in the last year.
| 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
With an excellent Profit Margin value of 42.07%, MNRL belongs to the best of the industry, outperforming 82.11% of the companies in the same industry.
In the last couple of years the Profit Margin of MNRL has declined.
With an excellent Operating Margin value of 64.58%, MNRL belongs to the best of the industry, outperforming 88.53% of the companies in the same industry.
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
MNRL has an Altman-Z score of 6.31. This indicates that MNRL is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.31, MNRL belongs to the best 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.
The Debt to FCF ratio of MNRL (1.01) is better than 81.19% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that MNRL is not too dependend on debt financing.
MNRL has a better Debt to Equity ratio (0.11) than 80.28% of its industry peers.
| 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.
MNRL has a better Current ratio (4.59) 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.
MNRL's Quick ratio of 4.59 is amongst the best of the industry. MNRL outperforms 91.74% of its industry peers.
| 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!
The Revenue has been growing by 50.04% on average over the past years. This is a very strong growth!
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
MNRL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.18% yearly.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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.
Compared to an average S&P500 Price/Earnings ratio of 27.50, MNRL is valued rather cheaply.
MNRL is valuated correctly with a Price/Forward Earnings ratio of 12.48.
Based on the Price/Forward Earnings ratio, MNRL is valued a bit more expensive than the industry average as 60.55% of the companies are valued more cheaply.
MNRL is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.65 | ||
| Fwd PE | 12.48 |
4.2 Price Multiples
MNRL's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MNRL indicates a slightly more expensive valuation: MNRL is more expensive than 63.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.43 | ||
| EV/EBITDA | 7.3 |
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.
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.
Compared to an average industry Dividend Yield of 6.48, MNRL pays a better dividend. On top of this MNRL pays more dividend than 88.53% of the companies listed in the same industry.
MNRL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.47% |
5.2 History
MNRL has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
91.28% of the earnings are spent on dividend by MNRL. 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%