NEW FORTRESS ENERGY INC (NFE) Stock Fundamental Analysis
NASDAQ:NFE - US6443931000 - Common Stock
2.57 USD
-0.04 (-1.53%)
2.5799 USD
+0.01 (+0.39%)
Taking everything into account, NFE scores 3 out of 10 in our fundamental rating. NFE was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of NFE have multiple concerns. While showing a medium growth rate, NFE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year NFE has reported negative net income.
In the past year NFE had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NFE reported negative net income in multiple years.
NFE had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of NFE (-4.02%) is worse than 75.96% of its industry peers.
Looking at the Return On Equity, with a value of -29.30%, NFE is doing worse than 82.69% of the companies in the same industry.
The Return On Invested Capital of NFE (2.64%) is worse than 67.31% of its industry peers.
NFE had an Average Return On Invested Capital over the past 3 years of 8.26%. This is significantly below the industry average of 23.39%.
The 3 year average ROIC (8.26%) for NFE is well above the current ROIC(2.64%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.02% | ||
| ROE | -29.3% | ||
| ROIC | 2.64% |
ROA(3y)1.88%
ROA(5y)-0.5%
ROE(3y)11.58%
ROE(5y)-1.89%
ROIC(3y)8.26%
ROIC(5y)N/A
1.3 Margins
NFE has a Operating Margin (17.51%) which is in line with its industry peers.
In the last couple of years the Operating Margin of NFE has grown nicely.
The Gross Margin of NFE (52.90%) is better than 61.06% of its industry peers.
In the last couple of years the Gross Margin of NFE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.51% | ||
| PM (TTM) | N/A | ||
| GM | 52.9% |
OM growth 3Y8.37%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.35%
GM growth 5Y81.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NFE is creating value.
NFE has more shares outstanding than it did 1 year ago.
NFE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NFE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.30, we must say that NFE is in the distress zone and has some risk of bankruptcy.
NFE's Altman-Z score of 0.30 is on the low side compared to the rest of the industry. NFE is outperformed by 66.35% of its industry peers.
A Debt/Equity ratio of 5.09 is on the high side and indicates that NFE has dependencies on debt financing.
NFE has a Debt to Equity ratio of 5.09. This is amonst the worse of the industry: NFE underperforms 88.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.3 |
ROIC/WACC1.14
WACC2.32%
2.3 Liquidity
NFE has a Current Ratio of 1.00. This is a normal value and indicates that NFE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of NFE (1.00) is comparable to the rest of the industry.
NFE has a Quick Ratio of 1.00. This is a bad value and indicates that NFE is not financially healthy enough and could expect problems in meeting its short term obligations.
NFE has a Quick ratio (0.95) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for NFE have decreased strongly by -133.33% in the last year.
Measured over the past 5 years, NFE shows a small growth in Earnings Per Share. The EPS has been growing by 6.54% on average per year.
Looking at the last year, NFE shows a very negative growth in Revenue. The Revenue has decreased by -15.03% in the last year.
The Revenue has been growing by 65.74% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-133.33%
EPS 3Y6.54%
EPS 5YN/A
EPS Q2Q%-207.46%
Revenue 1Y (TTM)-15.03%
Revenue growth 3Y21.37%
Revenue growth 5Y65.74%
Sales Q2Q%-31.84%
3.2 Future
Based on estimates for the next years, NFE will show a very strong growth in Earnings Per Share. The EPS will grow by 65.49% on average per year.
Based on estimates for the next years, NFE will show a quite strong growth in Revenue. The Revenue will grow by 16.58% on average per year.
EPS Next Y-399.43%
EPS Next 2Y-100.1%
EPS Next 3Y-36.94%
EPS Next 5Y65.49%
Revenue Next Year7.98%
Revenue Next 2Y8.18%
Revenue Next 3Y9.53%
Revenue Next 5Y16.58%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NFE. In the last year negative earnings were reported.
Also next year NFE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NFE is valued a bit more expensive than 68.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.87 |
4.3 Compensation for Growth
NFE's earnings are expected to decrease with -36.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-100.1%
EPS Next 3Y-36.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.67%, NFE is a good candidate for dividend investing.
NFE's Dividend Yield is rather good when compared to the industry average which is at 6.33. NFE pays more dividend than 97.12% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, NFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.67% |
5.2 History
NFE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of NFE are negative and hence is the payout ratio. NFE will probably not be able to sustain this dividend level.
DP-6.95%
EPS Next 2Y-100.1%
EPS Next 3Y-36.94%
2.57
-0.04 (-1.53%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners73.19%
Inst Owner Change-2.08%
Ins Owners38.6%
Ins Owner Change-0.04%
Market Cap704.69M
Analysts76.36
Price Target5.46 (112.45%)
Short Float %32.69%
Short Ratio4.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.67% |
Yearly Dividend0.28
Dividend Growth(5Y)N/A
DP-6.95%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-392.46%
Min EPS beat(2)-1003.52%
Max EPS beat(2)218.6%
EPS beat(4)2
Avg EPS beat(4)-310.02%
Min EPS beat(4)-1003.52%
Max EPS beat(4)218.6%
EPS beat(8)6
Avg EPS beat(8)-145.43%
EPS beat(12)7
Avg EPS beat(12)-125.8%
EPS beat(16)8
Avg EPS beat(16)-99.63%
Revenue beat(2)1
Avg Revenue beat(2)-6.65%
Min Revenue beat(2)-24.92%
Max Revenue beat(2)11.62%
Revenue beat(4)2
Avg Revenue beat(4)-4.62%
Min Revenue beat(4)-24.92%
Max Revenue beat(4)11.62%
Revenue beat(8)5
Avg Revenue beat(8)-0.1%
Revenue beat(12)6
Avg Revenue beat(12)-2.92%
Revenue beat(16)7
Avg Revenue beat(16)-2.22%
PT rev (1m)-7.41%
PT rev (3m)-57.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-192.1%
EPS NY rev (1m)-10.18%
EPS NY rev (3m)-313.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)42.05%
Revenue NY rev (1m)-1.63%
Revenue NY rev (3m)-2.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | 1.45 | ||
| P/B | 0.39 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 16.87 |
EPS(TTM)-0.87
EYN/A
EPS(NY)-1.04
Fwd EYN/A
FCF(TTM)-6.54
FCFYN/A
OCF(TTM)1.77
OCFY68.82%
SpS7.82
BVpS6.53
TBVpS3.67
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.02% | ||
| ROE | -29.3% | ||
| ROCE | 3.25% | ||
| ROIC | 2.64% | ||
| ROICexc | 2.74% | ||
| ROICexgc | 2.95% | ||
| OM | 17.51% | ||
| PM (TTM) | N/A | ||
| GM | 52.9% | ||
| FCFM | N/A |
ROA(3y)1.88%
ROA(5y)-0.5%
ROE(3y)11.58%
ROE(5y)-1.89%
ROIC(3y)8.26%
ROIC(5y)N/A
ROICexc(3y)8.82%
ROICexc(5y)N/A
ROICexgc(3y)10.02%
ROICexgc(5y)N/A
ROCE(3y)10.15%
ROCE(5y)N/A
ROICexcg growth 3Y6.27%
ROICexcg growth 5YN/A
ROICexc growth 3Y8.72%
ROICexc growth 5YN/A
OM growth 3Y8.37%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.35%
GM growth 5Y81.14%
F-Score3
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 16.52 | ||
| Cap/Depr | 1298.99% | ||
| Cap/Sales | 106.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.01% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 0.3 |
F-Score3
WACC2.32%
ROIC/WACC1.14
Cap/Depr(3y)1349.27%
Cap/Depr(5y)1038.39%
Cap/Sales(3y)95.32%
Cap/Sales(5y)74.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-133.33%
EPS 3Y6.54%
EPS 5YN/A
EPS Q2Q%-207.46%
EPS Next Y-399.43%
EPS Next 2Y-100.1%
EPS Next 3Y-36.94%
EPS Next 5Y65.49%
Revenue 1Y (TTM)-15.03%
Revenue growth 3Y21.37%
Revenue growth 5Y65.74%
Sales Q2Q%-31.84%
Revenue Next Year7.98%
Revenue Next 2Y8.18%
Revenue Next 3Y9.53%
Revenue Next 5Y16.58%
EBIT growth 1Y-59.25%
EBIT growth 3Y31.52%
EBIT growth 5YN/A
EBIT Next Year0.64%
EBIT Next 3Y16.8%
EBIT Next 5Y30.17%
FCF growth 1Y-61.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.02%
OCF growth 3Y90.55%
OCF growth 5YN/A