MONTAUK RENEWABLES INC (MNTK) Stock Fundamental Analysis
NASDAQ:MNTK - Nasdaq - US61218C1036 - Common Stock - Currency: USD
MNTK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 19 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and the financial health of MNTK get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, MNTK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year MNTK was profitable.
MNTK had a positive operating cash flow in the past year.
Of the past 5 years MNTK 4 years were profitable.
Each year in the past 5 years MNTK had a positive operating cash flow.
1.2 Ratios
MNTK has a Return On Assets of 2.09%. This is in the better half of the industry: MNTK outperforms 68.42% of its industry peers.
Looking at the Return On Equity, with a value of 2.87%, MNTK is in line with its industry, outperforming 47.37% of the companies in the same industry.
MNTK has a better Return On Invested Capital (4.45%) than 84.21% of its industry peers.
MNTK had an Average Return On Invested Capital over the past 3 years of 7.97%. This is above the industry average of 3.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 2.87% | ||
| ROIC | 4.45% |
ROA(3y)5.88%
ROA(5y)3.58%
ROE(3y)8.42%
ROE(5y)5.13%
ROIC(3y)7.97%
ROIC(5y)5.37%
1.3 Margins
MNTK's Profit Margin of 4.13% is in line compared to the rest of the industry. MNTK outperforms 47.37% of its industry peers.
In the last couple of years the Profit Margin of MNTK has remained more or less at the same level.
The Operating Margin of MNTK (9.62%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MNTK has declined.
MNTK has a Gross Margin (43.01%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of MNTK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.62% | ||
| PM (TTM) | 4.13% | ||
| GM | 43.01% |
OM growth 3Y45.12%
OM growth 5Y-4.7%
PM growth 3YN/A
PM growth 5Y0.19%
GM growth 3Y-2.25%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MNTK is destroying value.
MNTK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MNTK has more shares outstanding
The debt/assets ratio for MNTK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.88 indicates that MNTK is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.88, MNTK belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that MNTK is not too dependend on debt financing.
The Debt to Equity ratio of MNTK (0.16) is better than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.88 |
ROIC/WACC0.52
WACC8.56%
2.3 Liquidity
A Current Ratio of 1.27 indicates that MNTK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.27, MNTK is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
A Quick Ratio of 1.27 indicates that MNTK should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.27, MNTK is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
MNTK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.29%.
The Earnings Per Share has been growing by 11.33% on average over the past years. This is quite good.
The Revenue has decreased by -7.71% in the past year.
MNTK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.70% yearly.
EPS 1Y (TTM)-64.29%
EPS 3YN/A
EPS 5Y11.33%
EPS Q2Q%-100%
Revenue 1Y (TTM)-7.71%
Revenue growth 3Y5.87%
Revenue growth 5Y10.7%
Sales Q2Q%9.84%
3.2 Future
Based on estimates for the next years, MNTK will show a very strong growth in Earnings Per Share. The EPS will grow by 25.07% on average per year.
The Revenue is expected to grow by 9.17% on average over the next years. This is quite good.
EPS Next Y2%
EPS Next 2Y11.65%
EPS Next 3Y17.33%
EPS Next 5Y25.07%
Revenue Next Year-13.59%
Revenue Next 2Y4.35%
Revenue Next 3Y9.17%
Revenue Next 5YN/A
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 44.00, MNTK can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as MNTK.
When comparing the Price/Earnings ratio of MNTK to the average of the S&P500 Index (27.54), we can say MNTK is valued expensively.
The Price/Forward Earnings ratio is 29.41, which means the current valuation is very expensive for MNTK.
Based on the Price/Forward Earnings ratio, MNTK is valued a bit cheaper than 68.42% of the companies in the same industry.
MNTK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44 | ||
| Fwd PE | 29.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MNTK is valued cheaper than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MNTK does not grow enough to justify the current Price/Earnings ratio.
MNTK's earnings are expected to grow with 17.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)22
PEG (5Y)3.88
EPS Next 2Y11.65%
EPS Next 3Y17.33%
5. Dividend
5.1 Amount
No dividends for MNTK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
2.2
-0.05 (-2.22%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners15.79%
Inst Owner Change-0.05%
Ins Owners54%
Ins Owner Change0%
Market Cap313.35M
Analysts44.44
Price Target2.89 (31.36%)
Short Float %2.18%
Short Ratio6.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-161.92%
Min EPS beat(2)-223.84%
Max EPS beat(2)-100%
EPS beat(4)1
Avg EPS beat(4)-103.63%
Min EPS beat(4)-223.84%
Max EPS beat(4)23.84%
EPS beat(8)2
Avg EPS beat(8)-57.49%
EPS beat(12)2
Avg EPS beat(12)-61.89%
EPS beat(16)3
Avg EPS beat(16)-39.63%
Revenue beat(2)0
Avg Revenue beat(2)-26.64%
Min Revenue beat(2)-51.79%
Max Revenue beat(2)-1.5%
Revenue beat(4)1
Avg Revenue beat(4)-14.26%
Min Revenue beat(4)-51.79%
Max Revenue beat(4)5.8%
Revenue beat(8)2
Avg Revenue beat(8)-10.55%
Revenue beat(12)3
Avg Revenue beat(12)-10.8%
Revenue beat(16)6
Avg Revenue beat(16)-6.14%
PT rev (1m)-1.3%
PT rev (3m)-24.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-29.41%
Revenue NQ rev (1m)1.88%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)-0.49%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44 | ||
| Fwd PE | 29.41 | ||
| P/S | 1.75 | ||
| P/FCF | N/A | ||
| P/OCF | 8.11 | ||
| P/B | 1.21 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 7.83 |
EPS(TTM)0.05
EY2.27%
EPS(NY)0.07
Fwd EY3.4%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)0.27
OCFY12.33%
SpS1.26
BVpS1.81
TBVpS1.69
PEG (NY)22
PEG (5Y)3.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 2.87% | ||
| ROCE | 5.51% | ||
| ROIC | 4.45% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 5.46% | ||
| OM | 9.62% | ||
| PM (TTM) | 4.13% | ||
| GM | 43.01% | ||
| FCFM | N/A |
ROA(3y)5.88%
ROA(5y)3.58%
ROE(3y)8.42%
ROE(5y)5.13%
ROIC(3y)7.97%
ROIC(5y)5.37%
ROICexc(3y)11.17%
ROICexc(5y)7.39%
ROICexgc(3y)12.1%
ROICexgc(5y)8%
ROCE(3y)9.89%
ROCE(5y)6.65%
ROICexcg growth 3Y40.95%
ROICexcg growth 5Y0.62%
ROICexc growth 3Y41%
ROICexc growth 5Y0.44%
OM growth 3Y45.12%
OM growth 5Y-4.7%
PM growth 3YN/A
PM growth 5Y0.19%
GM growth 3Y-2.25%
GM growth 5Y-0.15%
F-Score4
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 213.47% | ||
| Cap/Sales | 28.94% | ||
| Interest Coverage | 4.19 | ||
| Cash Conversion | 92.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 2.88 |
F-Score4
WACC8.56%
ROIC/WACC0.52
Cap/Depr(3y)223.62%
Cap/Depr(5y)158.87%
Cap/Sales(3y)27.46%
Cap/Sales(5y)21.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.29%
EPS 3YN/A
EPS 5Y11.33%
EPS Q2Q%-100%
EPS Next Y2%
EPS Next 2Y11.65%
EPS Next 3Y17.33%
EPS Next 5Y25.07%
Revenue 1Y (TTM)-7.71%
Revenue growth 3Y5.87%
Revenue growth 5Y10.7%
Sales Q2Q%9.84%
Revenue Next Year-13.59%
Revenue Next 2Y4.35%
Revenue Next 3Y9.17%
Revenue Next 5YN/A
EBIT growth 1Y-58.2%
EBIT growth 3Y53.64%
EBIT growth 5Y5.49%
EBIT Next Year9.46%
EBIT Next 3Y12.97%
EBIT Next 5Y10.19%
FCF growth 1Y-150.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35.2%
OCF growth 3Y0.71%
OCF growth 5Y9.49%