NGL ENERGY PARTNERS LP (NGL) Stock Fundamental Analysis
NYSE:NGL - New York Stock Exchange, Inc. - US62913M1071 - Currency: USD
We assign a fundamental rating of 2 out of 10 to NGL. NGL was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of NGL have multiple concerns. NGL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NGL has reported negative net income.
In the past year NGL had a positive cash flow from operations.
NGL had negative earnings in each of the past 5 years.
Each year in the past 5 years NGL had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -6.91%, NGL is not doing good in the industry: 79.52% of the companies in the same industry are doing better.
With a Return On Equity value of -48.38%, NGL is not doing good in the industry: 85.24% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 4.82%, NGL perfoms like the industry average, outperforming 41.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NGL is significantly below the industry average of 23.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.91% | ||
| ROE | -48.38% | ||
| ROIC | 4.82% |
ROA(3y)-2.9%
ROA(5y)-5.15%
ROE(3y)-15.38%
ROE(5y)-24.1%
ROIC(3y)6.45%
ROIC(5y)4.69%
1.3 Margins
With a Operating Margin value of 4.13%, NGL is not doing good in the industry: 68.10% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of NGL has grown nicely.
NGL has a Gross Margin of 15.40%. This is in the lower half of the industry: NGL underperforms 67.62% of its industry peers.
In the last couple of years the Gross Margin of NGL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.13% | ||
| PM (TTM) | N/A | ||
| GM | 15.4% |
OM growth 3Y67.94%
OM growth 5Y25.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y39.69%
GM growth 5Y16.51%
2. Health
2.1 Basic Checks
NGL 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, NGL has less shares outstanding
The number of shares outstanding for NGL has been increased compared to 5 years ago.
Compared to 1 year ago, NGL has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of NGL is 56.86, which is on the high side as it means it would take NGL, 56.86 years of fcf income to pay off all of its debts.
NGL has a Debt to FCF ratio (56.86) which is in line with its industry peers.
NGL has a Debt/Equity ratio of 4.45. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 4.45, NGL is not doing good in the industry: 88.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.45 | ||
| Debt/FCF | 56.86 | ||
| Altman-Z | N/A |
ROIC/WACC0.58
WACC8.36%
2.3 Liquidity
NGL has a Current Ratio of 1.20. This is a normal value and indicates that NGL is financially healthy and should not expect problems in meeting its short term obligations.
NGL has a Current ratio (1.20) which is comparable to the rest of the industry.
NGL has a Quick Ratio of 1.04. This is a normal value and indicates that NGL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NGL (1.04) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 72.30% over the past year.
NGL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.47%.
NGL shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -14.48% yearly.
EPS 1Y (TTM)72.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%94.15%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-24.14%
Revenue growth 5Y-14.48%
Sales Q2Q%-40.41%
3.2 Future
The Earnings Per Share is expected to grow by 50.17% on average over the next years. This is a very strong growth
Based on estimates for the next years, NGL will show a very negative growth in Revenue. The Revenue will decrease by -16.10% on average per year.
EPS Next Y117.12%
EPS Next 2Y60.15%
EPS Next 3Y50.17%
EPS Next 5YN/A
Revenue Next Year-40.66%
Revenue Next 2Y-26.66%
Revenue Next 3Y-16.1%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
NGL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 42.57, the valuation of NGL can be described as expensive.
NGL's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NGL is more expensive than 66.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NGL to the average of the S&P500 Index (35.58), we can say NGL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NGL is valued a bit cheaper than 62.38% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NGL indicates a somewhat cheap valuation: NGL is cheaper than 73.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.45 | ||
| EV/EBITDA | 7.09 |
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.
NGL's earnings are expected to grow with 50.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y60.15%
EPS Next 3Y50.17%
5. Dividend
5.1 Amount
NGL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:NGL (7/15/2025, 10:33:37 AM)
4.3
+0.03 (+0.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners47.15%
Inst Owner Change0%
Ins Owners5.08%
Ins Owner Change0.28%
Market Cap567.64M
Analysts76.67
Price Target16.32 (279.53%)
Short Float %2.29%
Short Ratio6.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend2.31
Dividend Growth(5Y)3.64%
DP-135.73%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-269.08%
Min EPS beat(2)-377.23%
Max EPS beat(2)-160.93%
EPS beat(4)0
Avg EPS beat(4)-497.81%
Min EPS beat(4)-1168.26%
Max EPS beat(4)-160.93%
EPS beat(8)0
Avg EPS beat(8)-383.41%
EPS beat(12)1
Avg EPS beat(12)-321.23%
EPS beat(16)1
Avg EPS beat(16)-715%
Revenue beat(2)0
Avg Revenue beat(2)-12.57%
Min Revenue beat(2)-14.22%
Max Revenue beat(2)-10.92%
Revenue beat(4)0
Avg Revenue beat(4)-11.9%
Min Revenue beat(4)-18.11%
Max Revenue beat(4)-4.33%
Revenue beat(8)0
Avg Revenue beat(8)-13.33%
Revenue beat(12)2
Avg Revenue beat(12)-9.04%
Revenue beat(16)5
Avg Revenue beat(16)-5.58%
PT rev (1m)6.67%
PT rev (3m)6.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-91.67%
EPS NY rev (1m)25%
EPS NY rev (3m)-37.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.87%
Revenue NY rev (1m)-29.1%
Revenue NY rev (3m)-31.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 42.57 | ||
| P/S | 0.1 | ||
| P/FCF | 10.45 | ||
| P/OCF | 1.93 | ||
| P/B | 0.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.09 |
EPS(TTM)-0.59
EYN/A
EPS(NY)0.1
Fwd EY2.35%
FCF(TTM)0.41
FCFY9.57%
OCF(TTM)2.23
OCFY51.91%
SpS44.83
BVpS5.25
TBVpS-6.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.91% | ||
| ROE | -48.38% | ||
| ROCE | 6.1% | ||
| ROIC | 4.82% | ||
| ROICexc | 4.83% | ||
| ROICexgc | 7.85% | ||
| OM | 4.13% | ||
| PM (TTM) | N/A | ||
| GM | 15.4% | ||
| FCFM | 0.92% |
ROA(3y)-2.9%
ROA(5y)-5.15%
ROE(3y)-15.38%
ROE(5y)-24.1%
ROIC(3y)6.45%
ROIC(5y)4.69%
ROICexc(3y)6.47%
ROICexc(5y)4.7%
ROICexgc(3y)10.62%
ROICexgc(5y)7.72%
ROCE(3y)8.16%
ROCE(5y)5.93%
ROICexcg growth 3Y35.57%
ROICexcg growth 5Y12.05%
ROICexc growth 3Y36.84%
ROICexc growth 5Y15.48%
OM growth 3Y67.94%
OM growth 5Y25.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y39.69%
GM growth 5Y16.51%
F-Score4
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.45 | ||
| Debt/FCF | 56.86 | ||
| Debt/EBITDA | 5.99 | ||
| Cap/Depr | 89.14% | ||
| Cap/Sales | 4.06% | ||
| Interest Coverage | 0.7 | ||
| Cash Conversion | 57.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | N/A |
F-Score4
WACC8.36%
ROIC/WACC0.58
Cap/Depr(3y)65.55%
Cap/Depr(5y)59.91%
Cap/Sales(3y)4.15%
Cap/Sales(5y)3.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)72.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%94.15%
EPS Next Y117.12%
EPS Next 2Y60.15%
EPS Next 3Y50.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-24.14%
Revenue growth 5Y-14.48%
Sales Q2Q%-40.41%
Revenue Next Year-40.66%
Revenue Next 2Y-26.66%
Revenue Next 3Y-16.1%
Revenue Next 5YN/A
EBIT growth 1Y-33.97%
EBIT growth 3Y27.39%
EBIT growth 5Y7.11%
EBIT Next Year100.71%
EBIT Next 3Y31%
EBIT Next 5Y18.79%
FCF growth 1Y-82.87%
FCF growth 3Y-6.65%
FCF growth 5YN/A
OCF growth 1Y-36.25%
OCF growth 3Y13.06%
OCF growth 5Y-8.51%