NINE ENERGY SERVICE INC (NINE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NINE - US65441V1017 - Common Stock
0.354 USD
+0.01 (+2.4%)
0.349 USD
-0.01 (-1.41%)
Taking everything into account, NINE scores 2 out of 10 in our fundamental rating. NINE was compared to 62 industry peers in the Energy Equipment & Services industry. Both the profitability and financial health of NINE have multiple concerns. NINE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NINE has reported negative net income.
In the past year NINE had a positive cash flow from operations.
In the past 5 years NINE reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: NINE reported negative operating cash flow in multiple years.
1.2 Ratios
NINE's Return On Assets of -12.02% is on the low side compared to the rest of the industry. NINE is outperformed by 88.71% of its industry peers.
The Return On Invested Capital of NINE (3.44%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for NINE is significantly below the industry average of 12.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.02% | ||
| ROE | N/A | ||
| ROIC | 3.44% |
ROA(3y)-5.35%
ROA(5y)-23.72%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.77%
ROIC(5y)N/A
1.3 Margins
NINE has a Operating Margin of 2.04%. This is in the lower half of the industry: NINE underperforms 74.19% of its industry peers.
In the last couple of years the Operating Margin of NINE has grown nicely.
NINE's Gross Margin of 17.56% is on the low side compared to the rest of the industry. NINE is outperformed by 72.58% of its industry peers.
In the last couple of years the Gross Margin of NINE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.04% | ||
| PM (TTM) | N/A | ||
| GM | 17.56% |
OM growth 3YN/A
OM growth 5Y1.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y14.04%
GM growth 5Y-2.13%
2. Health
2.1 Basic Checks
NINE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for NINE has been increased compared to 1 year ago.
NINE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NINE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -1.57, we must say that NINE is in the distress zone and has some risk of bankruptcy.
NINE's Altman-Z score of -1.57 is on the low side compared to the rest of the industry. NINE is outperformed by 91.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.57 |
ROIC/WACC0.31
WACC11%
2.3 Liquidity
NINE has a Current Ratio of 2.21. This indicates that NINE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.21, NINE is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
A Quick Ratio of 1.44 indicates that NINE should not have too much problems paying its short term obligations.
NINE has a Quick ratio of 1.44. This is comparable to the rest of the industry: NINE outperforms 48.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
NINE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.79%, which is quite good.
The Revenue has been growing slightly by 2.59% in the past year.
The Revenue has been decreasing by -7.83% on average over the past years.
EPS 1Y (TTM)13.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-40%
Revenue 1Y (TTM)2.59%
Revenue growth 3Y16.62%
Revenue growth 5Y-7.83%
Sales Q2Q%-4.43%
3.2 Future
NINE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.88% yearly.
Based on estimates for the next years, NINE will show a small growth in Revenue. The Revenue will grow by 3.36% on average per year.
EPS Next Y0.78%
EPS Next 2Y1.31%
EPS Next 3Y6.88%
EPS Next 5YN/A
Revenue Next Year3.84%
Revenue Next 2Y2.62%
Revenue Next 3Y3.36%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NINE. In the last year negative earnings were reported.
Also next year NINE 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
NINE's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.31%
EPS Next 3Y6.88%
5. Dividend
5.1 Amount
NINE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
0.354
+0.01 (+2.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners22.57%
Inst Owner Change-8.52%
Ins Owners12.94%
Ins Owner Change-1.61%
Market Cap15.35M
Revenue(TTM)571.17M
Net Income(TTM)-40.94M
Analysts40
Price Target0.77 (117.51%)
Short Float %6.49%
Short Ratio1.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0
Avg EPS beat(2)-12.89%
Min EPS beat(2)-14.38%
Max EPS beat(2)-11.41%
EPS beat(4)1
Avg EPS beat(4)-8.33%
Min EPS beat(4)-17.65%
Max EPS beat(4)10.13%
EPS beat(8)4
Avg EPS beat(8)3.71%
EPS beat(12)5
Avg EPS beat(12)-6.35%
EPS beat(16)9
Avg EPS beat(16)93.47%
Revenue beat(2)1
Avg Revenue beat(2)-3.24%
Min Revenue beat(2)-7.01%
Max Revenue beat(2)0.53%
Revenue beat(4)2
Avg Revenue beat(4)-1.17%
Min Revenue beat(4)-7.01%
Max Revenue beat(4)2.94%
Revenue beat(8)3
Avg Revenue beat(8)-1.2%
Revenue beat(12)3
Avg Revenue beat(12)-1.7%
Revenue beat(16)6
Avg Revenue beat(16)-0.09%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.03 | ||
| P/FCF | N/A | ||
| P/OCF | 1.59 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.67 |
EPS(TTM)-1
EYN/A
EPS(NY)-1.07
Fwd EYN/A
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)0.22
OCFY62.91%
SpS13.17
BVpS-2.21
TBVpS-3.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.02% | ||
| ROE | N/A | ||
| ROCE | 4.36% | ||
| ROIC | 3.44% | ||
| ROICexc | 3.44% | ||
| ROICexgc | 4.68% | ||
| OM | 2.04% | ||
| PM (TTM) | N/A | ||
| GM | 17.56% | ||
| FCFM | N/A |
ROA(3y)-5.35%
ROA(5y)-23.72%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.77%
ROIC(5y)N/A
ROICexc(3y)6.21%
ROICexc(5y)N/A
ROICexgc(3y)9.03%
ROICexgc(5y)N/A
ROCE(3y)7.3%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y1.45%
ROICexc growth 3YN/A
ROICexc growth 5Y15.27%
OM growth 3YN/A
OM growth 5Y1.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y14.04%
GM growth 5Y-2.13%
F-Score4
Asset Turnover1.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.35 | ||
| Cap/Depr | 47.21% | ||
| Cap/Sales | 2.86% | ||
| Interest Coverage | 0.27 | ||
| Cash Conversion | 20.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | -1.57 |
F-Score4
WACC11%
ROIC/WACC0.31
Cap/Depr(3y)57.21%
Cap/Depr(5y)45.01%
Cap/Sales(3y)3.84%
Cap/Sales(5y)3.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-40%
EPS Next Y0.78%
EPS Next 2Y1.31%
EPS Next 3Y6.88%
EPS Next 5YN/A
Revenue 1Y (TTM)2.59%
Revenue growth 3Y16.62%
Revenue growth 5Y-7.83%
Sales Q2Q%-4.43%
Revenue Next Year3.84%
Revenue Next 2Y2.62%
Revenue Next 3Y3.36%
Revenue Next 5YN/A
EBIT growth 1Y28.79%
EBIT growth 3YN/A
EBIT growth 5Y-6.04%
EBIT Next Year478.5%
EBIT Next 3Y85.85%
EBIT Next 5YN/A
FCF growth 1Y-19.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-67.48%
OCF growth 3YN/A
OCF growth 5Y-33.48%
NINE ENERGY SERVICE INC / NINE FAQ
Can you provide the ChartMill fundamental rating for NINE ENERGY SERVICE INC?
ChartMill assigns a fundamental rating of 2 / 10 to NINE.
What is the valuation status of NINE ENERGY SERVICE INC (NINE) stock?
ChartMill assigns a valuation rating of 0 / 10 to NINE ENERGY SERVICE INC (NINE). This can be considered as Overvalued.
How profitable is NINE ENERGY SERVICE INC (NINE) stock?
NINE ENERGY SERVICE INC (NINE) has a profitability rating of 1 / 10.
How financially healthy is NINE ENERGY SERVICE INC?
The financial health rating of NINE ENERGY SERVICE INC (NINE) is 2 / 10.