MURPHY OIL CORP (MUR) Stock Fundamental Analysis
USA - NYSE:MUR - US6267171022 - Common Stock
30.45 USD
+1.23 (+4.21%)
30.45 USD
0 (0%)
MUR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. MUR has only an average score on both its financial health and profitability. MUR has a correct valuation and a medium growth rate. Finally MUR also has an excellent dividend rating. These ratings could make MUR a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year MUR was profitable.
In the past year MUR had a positive cash flow from operations.
In multiple years MUR reported negative net income over the last 5 years.
MUR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MUR's Return On Assets of 2.89% is in line compared to the rest of the industry. MUR outperforms 48.34% of its industry peers.
Looking at the Return On Equity, with a value of 5.48%, MUR is in line with its industry, outperforming 45.02% of the companies in the same industry.
The Return On Invested Capital of MUR (5.12%) is comparable to the rest of the industry.
MUR had an Average Return On Invested Capital over the past 3 years of 10.38%. This is significantly below the industry average of 21.71%.
The 3 year average ROIC (10.38%) for MUR is well above the current ROIC(5.12%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.48% | ||
| ROIC | 5.12% |
ROA(3y)6.78%
ROA(5y)1.76%
ROE(3y)13.16%
ROE(5y)2.09%
ROIC(3y)10.39%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MUR (10.25%) is comparable to the rest of the industry.
MUR's Profit Margin has declined in the last couple of years.
MUR has a Operating Margin (19.96%) which is in line with its industry peers.
In the last couple of years the Operating Margin of MUR has grown nicely.
MUR has a Gross Margin of 68.91%. This is in the better half of the industry: MUR outperforms 77.73% of its industry peers.
MUR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.96% | ||
| PM (TTM) | 10.25% | ||
| GM | 68.91% |
OM growth 3Y1.83%
OM growth 5Y6.15%
PM growth 3YN/A
PM growth 5Y-19.86%
GM growth 3Y-1.01%
GM growth 5Y-1.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MUR is creating some value.
The number of shares outstanding for MUR has been reduced compared to 1 year ago.
MUR has less shares outstanding than it did 5 years ago.
MUR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.98 indicates that MUR is not a great score, but indicates only limited risk for bankruptcy at the moment.
MUR's Altman-Z score of 1.98 is fine compared to the rest of the industry. MUR outperforms 64.45% of its industry peers.
MUR has a debt to FCF ratio of 3.27. This is a good value and a sign of high solvency as MUR would need 3.27 years to pay back of all of its debts.
MUR's Debt to FCF ratio of 3.27 is fine compared to the rest of the industry. MUR outperforms 76.30% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that MUR is not too dependend on debt financing.
MUR's Debt to Equity ratio of 0.28 is fine compared to the rest of the industry. MUR outperforms 63.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 1.98 |
ROIC/WACC0.62
WACC8.26%
2.3 Liquidity
MUR has a Current Ratio of 0.84. This is a bad value and indicates that MUR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.84, MUR is doing worse than 64.93% of the companies in the same industry.
MUR has a Quick Ratio of 0.84. This is a bad value and indicates that MUR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.77, MUR is not doing good in the industry: 62.56% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The earnings per share for MUR have decreased strongly by -53.73% in the last year.
MUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.59% yearly.
The Revenue for MUR has decreased by -18.09% in the past year. This is quite bad
The Revenue has been growing slightly by 1.39% on average over the past years.
EPS 1Y (TTM)-53.73%
EPS 3Y28.7%
EPS 5Y25.59%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-18.09%
Revenue growth 3Y9.87%
Revenue growth 5Y1.39%
Sales Q2Q%-14.72%
3.2 Future
MUR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.60% yearly.
Based on estimates for the next years, MUR will show a small growth in Revenue. The Revenue will grow by 0.74% on average per year.
EPS Next Y-56.97%
EPS Next 2Y-13.47%
EPS Next 3Y7.95%
EPS Next 5Y13.6%
Revenue Next Year-13.84%
Revenue Next 2Y-5.4%
Revenue Next 3Y0.74%
Revenue Next 5YN/A
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 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
The Price/Earnings ratio is 15.86, which indicates a correct valuation of MUR.
MUR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.86, MUR is valued a bit cheaper.
With a Price/Forward Earnings ratio of 14.79, MUR is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MUR is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.32. MUR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.86 | ||
| Fwd PE | 14.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MUR is valued cheaply inside the industry as 83.41% of the companies are valued more expensively.
77.73% of the companies in the same industry are more expensive than MUR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.62 | ||
| EV/EBITDA | 3.76 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2Y-13.47%
EPS Next 3Y7.95%
5. Dividend
5.1 Amount
MUR has a Yearly Dividend Yield of 4.45%, which is a nice return.
Compared to an average industry Dividend Yield of 6.08, MUR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, MUR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
5.2 History
The dividend of MUR has a limited annual growth rate of 3.72%.
MUR has been paying a dividend for at least 10 years, so it has a reliable track record.
MUR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.72%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
MUR pays out 63.86% of its income as dividend. This is not a sustainable payout ratio.
MUR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP63.86%
EPS Next 2Y-13.47%
EPS Next 3Y7.95%
30.45
+1.23 (+4.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners96.49%
Inst Owner Change3.08%
Ins Owners5.58%
Ins Owner Change0.13%
Market Cap4.35B
Analysts55.38
Price Target27.7 (-9.03%)
Short Float %13.76%
Short Ratio7.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
Yearly Dividend1.21
Dividend Growth(5Y)3.72%
DP63.86%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.65%
Min EPS beat(2)9.22%
Max EPS beat(2)34.08%
EPS beat(4)3
Avg EPS beat(4)2.94%
Min EPS beat(4)-38.67%
Max EPS beat(4)34.08%
EPS beat(8)6
Avg EPS beat(8)2.7%
EPS beat(12)9
Avg EPS beat(12)4.74%
EPS beat(16)12
Avg EPS beat(16)9.79%
Revenue beat(2)1
Avg Revenue beat(2)1.91%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)5.05%
Revenue beat(4)1
Avg Revenue beat(4)-2.02%
Min Revenue beat(4)-10.44%
Max Revenue beat(4)5.05%
Revenue beat(8)3
Avg Revenue beat(8)-0.63%
Revenue beat(12)7
Avg Revenue beat(12)3.97%
Revenue beat(16)10
Avg Revenue beat(16)5.18%
PT rev (1m)-2.43%
PT rev (3m)-1.84%
EPS NQ rev (1m)-38.91%
EPS NQ rev (3m)-76.69%
EPS NY rev (1m)-12.64%
EPS NY rev (3m)-25.85%
Revenue NQ rev (1m)-1.12%
Revenue NQ rev (3m)-5.75%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.86 | ||
| Fwd PE | 14.79 | ||
| P/S | 1.56 | ||
| P/FCF | 9.62 | ||
| P/OCF | 2.86 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 3.76 |
EPS(TTM)1.92
EY6.31%
EPS(NY)2.06
Fwd EY6.76%
FCF(TTM)3.17
FCFY10.4%
OCF(TTM)10.66
OCFY35%
SpS19.46
BVpS36.42
TBVpS36.42
PEG (NY)N/A
PEG (5Y)0.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.48% | ||
| ROCE | 6.21% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.35% | ||
| ROICexgc | 5.35% | ||
| OM | 19.96% | ||
| PM (TTM) | 10.25% | ||
| GM | 68.91% | ||
| FCFM | 16.27% |
ROA(3y)6.78%
ROA(5y)1.76%
ROE(3y)13.16%
ROE(5y)2.09%
ROIC(3y)10.39%
ROIC(5y)N/A
ROICexc(3y)10.9%
ROICexc(5y)N/A
ROICexgc(3y)10.9%
ROICexgc(5y)N/A
ROCE(3y)12.59%
ROCE(5y)N/A
ROICexcg growth 3Y13.29%
ROICexcg growth 5Y12.74%
ROICexc growth 3Y13.29%
ROICexc growth 5Y12.74%
OM growth 3Y1.83%
OM growth 5Y6.15%
PM growth 3YN/A
PM growth 5Y-19.86%
GM growth 3Y-1.01%
GM growth 5Y-1.15%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 119.81% | ||
| Cap/Sales | 38.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.13% | ||
| Profit Quality | 158.72% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.98 |
F-Score5
WACC8.26%
ROIC/WACC0.62
Cap/Depr(3y)118.5%
Cap/Depr(5y)106.09%
Cap/Sales(3y)28.76%
Cap/Sales(5y)32.24%
Profit Quality(3y)142.37%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-53.73%
EPS 3Y28.7%
EPS 5Y25.59%
EPS Q2Q%-66.67%
EPS Next Y-56.97%
EPS Next 2Y-13.47%
EPS Next 3Y7.95%
EPS Next 5Y13.6%
Revenue 1Y (TTM)-18.09%
Revenue growth 3Y9.87%
Revenue growth 5Y1.39%
Sales Q2Q%-14.72%
Revenue Next Year-13.84%
Revenue Next 2Y-5.4%
Revenue Next 3Y0.74%
Revenue Next 5YN/A
EBIT growth 1Y-43.5%
EBIT growth 3Y11.87%
EBIT growth 5Y7.62%
EBIT Next Year95.87%
EBIT Next 3Y38.7%
EBIT Next 5Y23.86%
FCF growth 1Y-45.46%
FCF growth 3Y3.8%
FCF growth 5YN/A
OCF growth 1Y-22.23%
OCF growth 3Y6.73%
OCF growth 5YN/A