Eneti Inc (NETI) Fundamental Analysis & Valuation

NYSE:NETI • MHY2294C1075

Current stock price

11.33 USD
+0.01 (+0.09%)
At close:
11.33 USD
0 (0%)
After Hours:

This NETI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. NETI Profitability Analysis

1.1 Basic Checks

  • NETI had negative earnings in the past year.
  • NETI had a positive operating cash flow in the past year.
NETI Yearly Net Income VS EBIT VS OCF VS FCFNETI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 -200M -400M -600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -4.76%, NETI is doing worse than 81.58% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of -5.43%, NETI is doing worse than 73.68% of the companies in the same industry.
  • The Return On Invested Capital of NETI (1.17%) is worse than 68.42% of its industry peers.
Industry RankSector Rank
ROA -4.76%
ROE -5.43%
ROIC 1.17%
ROA(3y)-20.64%
ROA(5y)-12%
ROE(3y)-76.16%
ROE(5y)-44.97%
ROIC(3y)N/A
ROIC(5y)N/A
NETI Yearly ROA, ROE, ROICNETI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 -50 -100 -150 -200

1.3 Margins

  • In the last couple of years the Profit Margin of NETI has grown nicely.
  • NETI has a better Operating Margin (7.08%) than 73.68% of its industry peers.
  • In the last couple of years the Operating Margin of NETI has grown nicely.
  • NETI has a Gross Margin of 48.34%. This is amongst the best in the industry. NETI outperforms 86.84% of its industry peers.
  • NETI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.08%
PM (TTM) N/A
GM 48.34%
OM growth 3Y56.95%
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5YN/A
GM growth 3Y4.27%
GM growth 5Y5.39%
NETI Yearly Profit, Operating, Gross MarginsNETI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 -100 -200 -300 -400

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. NETI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NETI is destroying value.
  • NETI has less shares outstanding than it did 1 year ago.
  • The debt/assets ratio for NETI has been reduced compared to a year ago.
NETI Yearly Shares OutstandingNETI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M
NETI Yearly Total Debt VS Total AssetsNETI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B

2.2 Solvency

  • NETI has an Altman-Z score of 0.65. This is a bad value and indicates that NETI is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of NETI (0.65) is worse than 86.84% of its industry peers.
  • NETI has a debt to FCF ratio of 47.41. This is a negative value and a sign of low solvency as NETI would need 47.41 years to pay back of all of its debts.
  • NETI has a Debt to FCF ratio (47.41) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.06 indicates that NETI is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.06, NETI belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 47.41
Altman-Z 0.65
ROIC/WACC0.15
WACC7.66%
NETI Yearly LT Debt VS Equity VS FCFNETI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 500M

2.3 Liquidity

  • A Current Ratio of 3.64 indicates that NETI has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 3.64, NETI belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
  • NETI has a Quick Ratio of 3.50. This indicates that NETI is financially healthy and has no problem in meeting its short term obligations.
  • NETI has a Quick ratio of 3.50. This is amongst the best in the industry. NETI outperforms 94.74% of its industry peers.
Industry RankSector Rank
Current Ratio 3.64
Quick Ratio 3.5
NETI Yearly Current Assets VS Current LiabilitesNETI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. NETI Growth Analysis

3.1 Past

  • The earnings per share for NETI have decreased strongly by -170.27% in the last year.
  • Measured over the past years, NETI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.37% on average per year.
  • NETI shows a decrease in Revenue. In the last year, the revenue decreased by -7.55%.
  • Measured over the past years, NETI shows a small growth in Revenue. The Revenue has been growing by 4.21% on average per year.
EPS 1Y (TTM)-170.27%
EPS 3Y-24.37%
EPS 5YN/A
EPS Q2Q%-49.47%
Revenue 1Y (TTM)-7.55%
Revenue growth 3Y-3.91%
Revenue growth 5Y4.21%
Sales Q2Q%-23.12%

3.2 Future

  • The Earnings Per Share is expected to decrease by -1.15% on average over the next years.
  • NETI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.96% yearly.
EPS Next Y-155.28%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
EPS Next 5Y-1.15%
Revenue Next Year-27.92%
Revenue Next 2Y-14%
Revenue Next 3Y11.84%
Revenue Next 5Y11.96%

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 accelerating.
NETI Yearly Revenue VS EstimatesNETI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
NETI Yearly EPS VS EstimatesNETI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 -20 -40 -60

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1

4. NETI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NETI. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 28.12, which means the current valuation is very expensive for NETI.
  • NETI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NETI is more expensive than 71.05% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, NETI is valued a bit more expensive.
Industry RankSector Rank
PE N/A
Fwd PE 28.12
NETI Price Earnings VS Forward Price EarningsNETI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NETI is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as NETI.
Industry RankSector Rank
P/FCF 375.56
EV/EBITDA 12.51
NETI Per share dataNETI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • NETI's earnings are expected to decrease with -11.22% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. NETI Dividend Analysis

5.1 Amount

  • NETI has a yearly dividend return of 0.35%, which is pretty low.
  • NETI's Dividend Yield is a higher than the industry average which is at 0.14.
  • Compared to an average S&P500 Dividend Yield of 1.89, NETI's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.35%

5.2 History

  • The dividend of NETI decreases each year by -27.26%.
  • NETI has been paying a dividend for over 5 years, so it has already some track record.
  • The dividend of NETI decreased recently.
Dividend Growth(5Y)-27.26%
Div Incr Years0
Div Non Decr Years1
NETI Yearly Dividends per shareNETI Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 0.05 0.1 0.15

5.3 Sustainability

  • The earnings of NETI are negative and hence is the payout ratio. NETI will probably not be able to sustain this dividend level.
  • NETI's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-4.27%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
NETI Yearly Income VS Free CF VS DividendNETI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 0 -200M -400M -600M

More info and screens

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NETI Fundamentals: All Metrics, Ratios and Statistics

Eneti Inc

NYSE:NETI (12/28/2023, 8:04:01 PM)

After market: 11.33 0 (0%)

11.33

+0.01 (+0.09%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-14
Earnings (Next)02-07
Inst Owners0.19%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap437.90M
Revenue(TTM)152.47M
Net Income(TTM)-36.44M
Analysts86.67
Price Target15.61 (37.78%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.35%
Yearly Dividend0.04
Dividend Growth(5Y)-27.26%
DP-4.27%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1690.22%
Min EPS beat(2)-3454.3%
Max EPS beat(2)73.86%
EPS beat(4)3
Avg EPS beat(4)-757.58%
Min EPS beat(4)-3454.3%
Max EPS beat(4)304.52%
EPS beat(8)6
Avg EPS beat(8)-354.96%
EPS beat(12)8
Avg EPS beat(12)-24.71%
EPS beat(16)9
Avg EPS beat(16)496.23%
Revenue beat(2)1
Avg Revenue beat(2)3.24%
Min Revenue beat(2)-0.52%
Max Revenue beat(2)6.99%
Revenue beat(4)3
Avg Revenue beat(4)13.71%
Min Revenue beat(4)-0.52%
Max Revenue beat(4)38.26%
Revenue beat(8)6
Avg Revenue beat(8)7.17%
Revenue beat(12)9
Avg Revenue beat(12)17.95%
Revenue beat(16)9
Avg Revenue beat(16)12.09%
PT rev (1m)2.57%
PT rev (3m)5.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)347.04%
EPS NY rev (1m)0%
EPS NY rev (3m)6.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.47%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 28.12
P/S 2.87
P/FCF 375.56
P/OCF 11.49
P/B 0.65
P/tB 0.66
EV/EBITDA 12.51
EPS(TTM)-1.04
EYN/A
EPS(NY)0.4
Fwd EY3.56%
FCF(TTM)0.03
FCFY0.27%
OCF(TTM)0.99
OCFY8.7%
SpS3.94
BVpS17.37
TBVpS17.26
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4.76%
ROE -5.43%
ROCE 1.48%
ROIC 1.17%
ROICexc 1.31%
ROICexgc 1.32%
OM 7.08%
PM (TTM) N/A
GM 48.34%
FCFM 0.76%
ROA(3y)-20.64%
ROA(5y)-12%
ROE(3y)-76.16%
ROE(5y)-44.97%
ROIC(3y)N/A
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
ROICexgc growth 3Y99.78%
ROICexgc growth 5YN/A
ROICexc growth 3Y99.32%
ROICexc growth 5YN/A
OM growth 3Y56.95%
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5YN/A
GM growth 3Y4.27%
GM growth 5Y5.39%
F-Score3
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 47.41
Debt/EBITDA 1.3
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion 115.16%
Profit Quality N/A
Current Ratio 3.64
Quick Ratio 3.5
Altman-Z 0.65
F-Score3
WACC7.66%
ROIC/WACC0.15
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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)-170.27%
EPS 3Y-24.37%
EPS 5YN/A
EPS Q2Q%-49.47%
EPS Next Y-155.28%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
EPS Next 5Y-1.15%
Revenue 1Y (TTM)-7.55%
Revenue growth 3Y-3.91%
Revenue growth 5Y4.21%
Sales Q2Q%-23.12%
Revenue Next Year-27.92%
Revenue Next 2Y-14%
Revenue Next 3Y11.84%
Revenue Next 5Y11.96%
EBIT growth 1Y-43.33%
EBIT growth 3Y50.82%
EBIT growth 5YN/A
EBIT Next Year-20.87%
EBIT Next 3Y57.9%
EBIT Next 5Y44.83%
FCF growth 1Y1357.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.59%
OCF growth 3Y23.14%
OCF growth 5Y26.43%

Eneti Inc / NETI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for Eneti Inc?

ChartMill assigns a fundamental rating of 4 / 10 to NETI.


Can you provide the valuation status for Eneti Inc?

ChartMill assigns a valuation rating of 1 / 10 to Eneti Inc (NETI). This can be considered as Overvalued.


How profitable is Eneti Inc (NETI) stock?

Eneti Inc (NETI) has a profitability rating of 4 / 10.


What is the financial health of Eneti Inc (NETI) stock?

The financial health rating of Eneti Inc (NETI) is 6 / 10.


Can you provide the expected EPS growth for NETI stock?

The Earnings per Share (EPS) of Eneti Inc (NETI) is expected to decline by -155.28% in the next year.