Eneti Inc (NETI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NETI - MHY2294C1075 - Common Stock
11.33 USD
+0.01 (+0.09%)
11.33 USD
0 (0%)
Taking everything into account, NETI scores 4 out of 10 in our fundamental rating. NETI was compared to 54 industry peers in the Construction & Engineering industry. The financial health of NETI is average, but there are quite some concerns on its profitability. NETI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NETI has reported negative net income.
NETI had a positive operating cash flow in the past year.
1.2 Ratios
The Return On Assets of NETI (-4.76%) is worse than 81.58% of its industry peers.
With a Return On Equity value of -5.43%, NETI is not doing good in the industry: 73.68% of the companies in the same industry are doing better.
NETI has a Return On Invested Capital of 1.17%. This is in the lower half of the industry: NETI underperforms 68.42% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
In the last couple of years the Profit Margin of NETI has grown nicely.
NETI has a Operating Margin of 7.08%. This is in the better half of the industry: NETI outperforms 73.68% of its industry peers.
In the last couple of years the Operating Margin of NETI has grown nicely.
Looking at the Gross Margin, with a value of 48.34%, NETI belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
In the last couple of years the Gross Margin of NETI has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
NETI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NETI has less shares outstanding
Compared to 1 year ago, NETI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.65, we must say that NETI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.65, NETI is doing worse than 86.84% of the companies in the same industry.
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 of 47.41. This is comparable to the rest of the industry: NETI outperforms 44.74% of its industry peers.
NETI has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
NETI's Debt to Equity ratio of 0.06 is amongst the best of the industry. NETI outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 47.41 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.15
WACC7.66%
2.3 Liquidity
NETI has a Current Ratio of 3.64. This indicates that NETI is financially healthy and has no problem in meeting its short term obligations.
NETI's Current ratio of 3.64 is amongst the best of the industry. NETI outperforms 94.74% of its industry peers.
A Quick Ratio of 3.50 indicates that NETI has no problem at all paying 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.64 | ||
| Quick Ratio | 3.5 |
3. Growth
3.1 Past
The earnings per share for NETI have decreased strongly by -170.27% in the last year.
NETI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.37% yearly.
Looking at the last year, NETI shows a decrease in Revenue. The Revenue has decreased by -7.55% in the last year.
The Revenue has been growing slightly by 4.21% on average over the past years.
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
NETI is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.15% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
NETI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 28.12, which means the current valuation is very expensive for NETI.
Based on the Price/Forward Earnings ratio, NETI is valued a bit more expensive than 71.05% of the companies in the same industry.
NETI is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NETI is valued a bit cheaper than 63.16% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NETI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 375.56 | ||
| EV/EBITDA | 12.51 |
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%
5. Dividend
5.1 Amount
With a yearly dividend of 0.35%, NETI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.41, NETI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, NETI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector 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.
NETI has decreased its dividend recently.
Dividend Growth(5Y)-27.26%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
NETI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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%
11.33
+0.01 (+0.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 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.
What is the profitability of NETI stock?
Eneti Inc (NETI) has a profitability rating of 4 / 10.
Can you provide the financial health for NETI stock?
The financial health rating of Eneti Inc (NETI) is 6 / 10.