NexTier Oilfield Solutions Inc (NEX) Stock Fundamental Analysis
USA - NYSE:NEX - US65290C1053 - Common Stock
10.61 USD
+0.1 (+0.95%)
10.69 USD
+0.08 (+0.75%)
NEX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. NEX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. NEX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make NEX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
NEX had positive earnings in the past year.
In the past year NEX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NEX reported negative net income in multiple years.
NEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NEX has a better Return On Assets (29.66%) than 100.00% of its industry peers.
With an excellent Return On Equity value of 56.83%, NEX belongs to the best of the industry, outperforming 96.83% of the companies in the same industry.
With an excellent Return On Invested Capital value of 30.63%, NEX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.66% | ||
| ROE | 56.83% | ||
| ROIC | 30.63% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 17.59%, NEX belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
With a decent Operating Margin value of 16.19%, NEX is doing good in the industry, outperforming 77.78% of the companies in the same industry.
NEX's Operating Margin has improved in the last couple of years.
NEX has a Gross Margin (26.92%) which is in line with its industry peers.
NEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 17.59% | ||
| GM | 26.92% |
OM growth 3Y390.97%
OM growth 5Y56.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y6.55%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NEX is creating value.
NEX has less shares outstanding than it did 1 year ago.
NEX has a better debt/assets ratio than last year.
2.2 Solvency
NEX has an Altman-Z score of 4.14. This indicates that NEX is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.14, NEX belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
The Debt to FCF ratio of NEX is 1.12, which is an excellent value as it means it would take NEX, only 1.12 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NEX (1.12) is better than 87.30% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that NEX is not too dependend on debt financing.
NEX has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.12 | ||
| Altman-Z | 4.14 |
ROIC/WACC3.33
WACC9.21%
2.3 Liquidity
NEX has a Current Ratio of 1.37. This is a normal value and indicates that NEX is financially healthy and should not expect problems in meeting its short term obligations.
NEX has a worse Current ratio (1.37) than 76.19% of its industry peers.
A Quick Ratio of 1.26 indicates that NEX should not have too much problems paying its short term obligations.
The Quick ratio of NEX (1.26) is worse than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 456.82% over the past year.
Measured over the past years, NEX shows a very strong growth in Earnings Per Share. The EPS has been growing by 81.60% on average per year.
Looking at the last year, NEX shows a very strong growth in Revenue. The Revenue has grown by 53.21%.
The Revenue has been growing by 16.04% on average over the past years. This is quite good.
EPS 1Y (TTM)456.82%
EPS 3YN/A
EPS 5Y81.6%
EPS Q2Q%74.36%
Revenue 1Y (TTM)53.21%
Revenue growth 3Y21.22%
Revenue growth 5Y16.04%
Sales Q2Q%12.12%
3.2 Future
Based on estimates for the next years, NEX will show a small growth in Earnings Per Share. The EPS will grow by 4.79% on average per year.
Based on estimates for the next years, NEX will show a small growth in Revenue. The Revenue will grow by 4.32% on average per year.
EPS Next Y40.89%
EPS Next 2Y9.22%
EPS Next 3Y4.79%
EPS Next 5YN/A
Revenue Next Year10.1%
Revenue Next 2Y6.01%
Revenue Next 3Y4.32%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.33, the valuation of NEX can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of NEX indicates a rather cheap valuation: NEX is cheaper than 96.83% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.51, NEX is valued rather cheaply.
A Price/Forward Earnings ratio of 5.63 indicates a rather cheap valuation of NEX.
90.48% of the companies in the same industry are more expensive than NEX, based on the Price/Forward Earnings ratio.
NEX is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.33 | ||
| Fwd PE | 5.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NEX is valued cheaper than 95.24% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NEX indicates a rather cheap valuation: NEX is cheaper than 93.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.87 | ||
| EV/EBITDA | 2.86 |
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.
The decent profitability rating of NEX may justify a higher PE ratio.
PEG (NY)0.11
PEG (5Y)0.05
EPS Next 2Y9.22%
EPS Next 3Y4.79%
5. Dividend
5.1 Amount
NEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.61
+0.1 (+0.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners16.43%
Ins Owner Change0%
Market Cap2.25B
Revenue(TTM)3.65B
Net Income(TTM)641.78M
Analysts77.14
Price Target13.63 (28.46%)
Short Float %N/A
Short RatioN/A
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)2
Avg EPS beat(2)6.64%
Min EPS beat(2)6.63%
Max EPS beat(2)6.64%
EPS beat(4)4
Avg EPS beat(4)14.69%
Min EPS beat(4)6.63%
Max EPS beat(4)35.22%
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)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.99%
Max Revenue beat(2)-0.03%
Revenue beat(4)0
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-4.06%
Max Revenue beat(4)-0.03%
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)0%
PT rev (3m)-2.59%
EPS NQ rev (1m)2.58%
EPS NQ rev (3m)-21.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.95%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-11.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.33 | ||
| Fwd PE | 5.63 | ||
| P/S | 0.62 | ||
| P/FCF | 5.87 | ||
| P/OCF | 3.18 | ||
| P/B | 1.99 | ||
| P/tB | 2.53 | ||
| EV/EBITDA | 2.86 |
EPS(TTM)2.45
EY23.09%
EPS(NY)1.88
Fwd EY17.77%
FCF(TTM)1.81
FCFY17.05%
OCF(TTM)3.34
OCFY31.45%
SpS17.21
BVpS5.33
TBVpS4.19
PEG (NY)0.11
PEG (5Y)0.05
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.66% | ||
| ROE | 56.83% | ||
| ROCE | 38.78% | ||
| ROIC | 30.63% | ||
| ROICexc | 38.5% | ||
| ROICexgc | 48.07% | ||
| OM | 16.19% | ||
| PM (TTM) | 17.59% | ||
| GM | 26.92% | ||
| FCFM | 10.51% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y526.68%
ROICexgc growth 5Y70.24%
ROICexc growth 3Y509.03%
ROICexc growth 5Y71.08%
OM growth 3Y390.97%
OM growth 5Y56.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y6.55%
F-Score9
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.12 | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 136.35% | ||
| Cap/Sales | 8.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 59.73% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 4.14 |
F-Score9
WACC9.21%
ROIC/WACC3.33
Cap/Depr(3y)79.46%
Cap/Depr(5y)83.31%
Cap/Sales(3y)10.04%
Cap/Sales(5y)10.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)456.82%
EPS 3YN/A
EPS 5Y81.6%
EPS Q2Q%74.36%
EPS Next Y40.89%
EPS Next 2Y9.22%
EPS Next 3Y4.79%
EPS Next 5YN/A
Revenue 1Y (TTM)53.21%
Revenue growth 3Y21.22%
Revenue growth 5Y16.04%
Sales Q2Q%12.12%
Revenue Next Year10.1%
Revenue Next 2Y6.01%
Revenue Next 3Y4.32%
Revenue Next 5YN/A
EBIT growth 1Y619.09%
EBIT growth 3Y495.16%
EBIT growth 5Y81.81%
EBIT Next Year124.4%
EBIT Next 3Y30.9%
EBIT Next 5YN/A
FCF growth 1Y369.29%
FCF growth 3Y32.48%
FCF growth 5YN/A
OCF growth 1Y1511.4%
OCF growth 3Y14.15%
OCF growth 5Y41.64%
NexTier Oilfield Solutions Inc / NEX FAQ
What is the fundamental rating for NEX stock?
ChartMill assigns a fundamental rating of 6 / 10 to NEX.
Can you provide the valuation status for NexTier Oilfield Solutions Inc?
ChartMill assigns a valuation rating of 9 / 10 to NexTier Oilfield Solutions Inc (NEX). This can be considered as Undervalued.
What is the profitability of NEX stock?
NexTier Oilfield Solutions Inc (NEX) has a profitability rating of 6 / 10.
What is the valuation of NexTier Oilfield Solutions Inc based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NexTier Oilfield Solutions Inc (NEX) is 4.33 and the Price/Book (PB) ratio is 1.99.