NEW FORTRESS ENERGY INC (NFE) Stock Fundamental Analysis
NASDAQ:NFE - Nasdaq - US6443931000 - Common Stock - Currency: USD
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. NFE may be in some trouble as it scores bad on both profitability and health. NFE is valied quite expensively at the moment, while it does show a decent growth rate.
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.
Of the past 5 years NFE 4 years had a positive operating cash flow.
1.2 Ratios
NFE has a worse Return On Assets (-2.10%) than 73.08% of its industry peers.
The Return On Equity of NFE (-13.73%) is worse than 75.96% of its industry peers.
The Return On Invested Capital of NFE (4.68%) is worse than 60.10% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NFE is significantly below the industry average of 23.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -13.73% | ||
| ROIC | 4.68% |
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 better Operating Margin (27.27%) than 62.98% of its industry peers.
NFE's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 59.81%, NFE is doing good in the industry, outperforming 66.83% of the companies in the same industry.
NFE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.27% | ||
| PM (TTM) | N/A | ||
| GM | 59.81% |
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
NFE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
NFE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NFE has more shares outstanding
The debt/assets ratio for NFE is higher compared to a year ago.
2.2 Solvency
NFE has an Altman-Z score of 0.40. This is a bad value and indicates that NFE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NFE (0.40) is worse than 65.87% of its industry peers.
NFE has a Debt/Equity ratio of 4.34. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of NFE (4.34) is worse than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.4 |
ROIC/WACC1.94
WACC2.42%
2.3 Liquidity
NFE has a Current Ratio of 0.94. 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's Current ratio of 0.94 is on the low side compared to the rest of the industry. NFE is outperformed by 60.10% of its industry peers.
A Quick Ratio of 0.88 indicates that NFE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.88, NFE is in line with its industry, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
NFE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -133.33%.
NFE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.54% yearly.
NFE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.03%.
NFE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 65.74% yearly.
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.
NFE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.58% yearly.
EPS Next Y-371.77%
EPS Next 2Y-104.69%
EPS Next 3Y-40.7%
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
NFE's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.12 |
4.3 Compensation for Growth
NFE's earnings are expected to decrease with -40.70% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-104.69%
EPS Next 3Y-40.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 14.68%, NFE is a good candidate for dividend investing.
In the last 3 months the price of NFE has falen by -53.62%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
NFE's Dividend Yield is rather good when compared to the industry average which is at 6.36. NFE pays more dividend than 95.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, NFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.68% |
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-24.18%
EPS Next 2Y-104.69%
EPS Next 3Y-40.7%
2.82
+0.09 (+3.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.15%
Inst Owner Change0.03%
Ins Owners38.6%
Ins Owner Change-0.04%
Market Cap773.24M
Analysts76.36
Price Target5.9 (109.22%)
Short Float %30.95%
Short Ratio3.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.68% |
Yearly Dividend0.28
Dividend Growth(5Y)N/A
DP-24.18%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)218.6%
Min EPS beat(2)218.6%
Max EPS beat(2)218.6%
EPS beat(4)3
Avg EPS beat(4)-58.91%
Min EPS beat(4)-673.77%
Max EPS beat(4)218.6%
EPS beat(8)7
Avg EPS beat(8)-18.91%
EPS beat(12)8
Avg EPS beat(12)-30.79%
EPS beat(16)8
Avg EPS beat(16)-522.68%
Revenue beat(2)2
Avg Revenue beat(2)11.62%
Min Revenue beat(2)11.62%
Max Revenue beat(2)11.62%
Revenue beat(4)3
Avg Revenue beat(4)3.37%
Min Revenue beat(4)-16.78%
Max Revenue beat(4)11.62%
Revenue beat(8)5
Avg Revenue beat(8)1.32%
Revenue beat(12)6
Avg Revenue beat(12)-0.87%
Revenue beat(16)7
Avg Revenue beat(16)-1.36%
PT rev (1m)-34.5%
PT rev (3m)-53.98%
EPS NQ rev (1m)64.51%
EPS NQ rev (3m)23.64%
EPS NY rev (1m)9.82%
EPS NY rev (3m)-504.41%
Revenue NQ rev (1m)33.3%
Revenue NQ rev (3m)5.93%
Revenue NY rev (1m)3.17%
Revenue NY rev (3m)2.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | 1.32 | ||
| P/B | 0.39 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 11.12 |
EPS(TTM)-0.87
EYN/A
EPS(NY)-1.14
Fwd EYN/A
FCF(TTM)-7.42
FCFYN/A
OCF(TTM)2.14
OCFY75.88%
SpS8.62
BVpS7.17
TBVpS3.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -13.73% | ||
| ROCE | 5.78% | ||
| ROIC | 4.68% | ||
| ROICexc | 4.9% | ||
| ROICexgc | 5.36% | ||
| OM | 27.27% | ||
| PM (TTM) | N/A | ||
| GM | 59.81% | ||
| 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 Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.57 | ||
| Cap/Depr | 1612.82% | ||
| Cap/Sales | 110.84% | ||
| Interest Coverage | 6.1 | ||
| Cash Conversion | 72.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 0.4 |
F-Score3
WACC2.42%
ROIC/WACC1.94
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-371.77%
EPS Next 2Y-104.69%
EPS Next 3Y-40.7%
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-37.84%
EBIT growth 3Y31.52%
EBIT growth 5YN/A
EBIT Next Year26.99%
EBIT Next 3Y14.96%
EBIT Next 5Y30.17%
FCF growth 1Y7.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-28.86%
OCF growth 3Y90.55%
OCF growth 5YN/A