Logo image of NR

NEWPARK RESOURCES INC (NR) Stock Fundamental Analysis

USA - NYSE:NR - US6517185046 - Common Stock

7.25 USD
-0.37 (-4.86%)
Last: 12/18/2024, 8:04:00 PM
7.25 USD
0 (0%)
After Hours: 12/18/2024, 8:04:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to NR. NR was compared to 61 industry peers in the Energy Equipment & Services industry. While NR has a great health rating, there are worries on its profitability. NR is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

NR had positive earnings in the past year.
NR had a positive operating cash flow in the past year.
NR had negative earnings in 4 of the past 5 years.
In multiple years NR reported negative operating cash flow during the last 5 years.
NR Yearly Net Income VS EBIT VS OCF VS FCFNR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M 100M

1.2 Ratios

NR has a Return On Assets of -39.05%. This is amonst the worse of the industry: NR underperforms 96.61% of its industry peers.
NR's Return On Equity of -48.08% is on the low side compared to the rest of the industry. NR is outperformed by 89.83% of its industry peers.
NR's Return On Invested Capital of 9.30% is fine compared to the rest of the industry. NR outperforms 69.49% of its industry peers.
Industry RankSector Rank
ROA -39.05%
ROE -48.08%
ROIC 9.3%
ROA(3y)-1.35%
ROA(5y)-3.37%
ROE(3y)-2.31%
ROE(5y)-5.17%
ROIC(3y)N/A
ROIC(5y)N/A
NR Yearly ROA, ROE, ROICNR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 -10 -15

1.3 Margins

In the last couple of years the Profit Margin of NR has declined.
With a Operating Margin value of 8.02%, NR is not doing good in the industry: 61.02% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of NR has declined.
NR's Gross Margin of 24.13% is in line compared to the rest of the industry. NR outperforms 45.76% of its industry peers.
In the last couple of years the Gross Margin of NR has remained more or less at the same level.
Industry RankSector Rank
OM 8.02%
PM (TTM) N/A
GM 24.13%
OM growth 3YN/A
OM growth 5Y-4.51%
PM growth 3YN/A
PM growth 5Y-10.71%
GM growth 3Y67.42%
GM growth 5Y-0.53%
NR Yearly Profit, Operating, Gross MarginsNR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10

More info and screens

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NR is still creating some value.
NR has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NR has been reduced compared to 5 years ago.
Compared to 1 year ago, NR has an improved debt to assets ratio.
NR Yearly Shares OutstandingNR Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M
NR Yearly Total Debt VS Total AssetsNR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M

2.2 Solvency

NR has an Altman-Z score of 6.43. This indicates that NR is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.43, NR belongs to the best of the industry, outperforming 96.61% of the companies in the same industry.
The Debt to FCF ratio of NR is 0.35, which is an excellent value as it means it would take NR, only 0.35 years of fcf income to pay off all of its debts.
NR has a better Debt to FCF ratio (0.35) than 91.53% of its industry peers.
NR has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
NR has a better Debt to Equity ratio (0.02) than 86.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.35
Altman-Z 6.43
ROIC/WACC1.05
WACC8.86%
NR Yearly LT Debt VS Equity VS FCFNR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M

2.3 Liquidity

A Current Ratio of 2.29 indicates that NR has no problem at all paying its short term obligations.
The Current ratio of NR (2.29) is better than 64.41% of its industry peers.
A Quick Ratio of 2.00 indicates that NR should not have too much problems paying its short term obligations.
NR's Quick ratio of 2.00 is fine compared to the rest of the industry. NR outperforms 74.58% of its industry peers.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 2
NR Yearly Current Assets VS Current LiabilitesNR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

More info and screens

1

3. Growth

3.1 Past

The earnings per share for NR have decreased strongly by -21.21% in the last year.
Measured over the past years, NR shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.04% on average per year.
NR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -38.43%.
The Revenue has been decreasing by -4.56% on average over the past years.
EPS 1Y (TTM)-21.21%
EPS 3YN/A
EPS 5Y-3.04%
EPS Q2Q%-100%
Revenue 1Y (TTM)-38.43%
Revenue growth 3Y15.02%
Revenue growth 5Y-4.56%
Sales Q2Q%-77.73%

3.2 Future

Based on estimates for the next years, NR will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.17% on average per year.
NR is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -28.57% yearly.
EPS Next Y33.9%
EPS Next 2Y11.69%
EPS Next 3Y16.17%
EPS Next 5YN/A
Revenue Next Year-63.28%
Revenue Next 2Y-43.4%
Revenue Next 3Y-28.57%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
NR Yearly Revenue VS EstimatesNR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
NR Yearly EPS VS EstimatesNR Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2023 2024 2025 2026 0 0.5 -0.5

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 27.88, the valuation of NR can be described as expensive.
64.41% of the companies in the same industry are cheaper than NR, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.41, NR is valued at the same level.
Based on the Price/Forward Earnings ratio of 19.37, the valuation of NR can be described as rather expensive.
66.10% of the companies in the same industry are cheaper than NR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NR to the average of the S&P500 Index (22.87), we can say NR is valued inline with the index average.
Industry RankSector Rank
PE 27.88
Fwd PE 19.37
NR Price Earnings VS Forward Price EarningsNR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

67.80% of the companies in the same industry are cheaper than NR, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as NR.
Industry RankSector Rank
P/FCF 15.91
EV/EBITDA 8.6
NR Per share dataNR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

NR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NR's earnings are expected to grow with 16.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y11.69%
EPS Next 3Y16.17%

More info and screens

0

5. Dividend

5.1 Amount

NR does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NEWPARK RESOURCES INC

NYSE:NR (12/18/2024, 8:04:00 PM)

After market: 7.25 0 (0%)

7.25

-0.37 (-4.86%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-07 2024-11-07/amc
Earnings (Next)02-19 2025-02-19/amc
Inst Owners85.89%
Inst Owner Change-0.4%
Ins Owners8.75%
Ins Owner Change0%
Market Cap627.13M
Analysts83.33
Price Target11.22 (54.76%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-24.84%
Min EPS beat(2)-100%
Max EPS beat(2)50.33%
EPS beat(4)2
Avg EPS beat(4)-5.34%
Min EPS beat(4)-100%
Max EPS beat(4)76.52%
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)1
Avg Revenue beat(2)-9.08%
Min Revenue beat(2)-20.8%
Max Revenue beat(2)2.64%
Revenue beat(4)1
Avg Revenue beat(4)-6.71%
Min Revenue beat(4)-20.8%
Max Revenue beat(4)2.64%
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)-2.22%
PT rev (3m)-2.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.2%
EPS NY rev (1m)0%
EPS NY rev (3m)5.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-67.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-47.19%
Valuation
Industry RankSector Rank
PE 27.88
Fwd PE 19.37
P/S 1.26
P/FCF 15.91
P/OCF 7.99
P/B 1.98
P/tB 2.43
EV/EBITDA 8.6
EPS(TTM)0.26
EY3.59%
EPS(NY)0.37
Fwd EY5.16%
FCF(TTM)0.46
FCFY6.29%
OCF(TTM)0.91
OCFY12.52%
SpS5.74
BVpS3.66
TBVpS2.98
PEG (NY)0.82
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -39.05%
ROE -48.08%
ROCE 11.77%
ROIC 9.3%
ROICexc 10.65%
ROICexgc 13.27%
OM 8.02%
PM (TTM) N/A
GM 24.13%
FCFM 7.93%
ROA(3y)-1.35%
ROA(5y)-3.37%
ROE(3y)-2.31%
ROE(5y)-5.17%
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
ROICexcg growth 3YN/A
ROICexcg growth 5Y0.24%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.7%
OM growth 3YN/A
OM growth 5Y-4.51%
PM growth 3YN/A
PM growth 5Y-10.71%
GM growth 3Y67.42%
GM growth 5Y-0.53%
F-Score6
Asset Turnover1.28
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.35
Debt/EBITDA 0.08
Cap/Depr 131.66%
Cap/Sales 7.86%
Interest Coverage 6.58
Cash Conversion 112.9%
Profit Quality N/A
Current Ratio 2.29
Quick Ratio 2
Altman-Z 6.43
F-Score6
WACC8.86%
ROIC/WACC1.05
Cap/Depr(3y)72.72%
Cap/Depr(5y)69.63%
Cap/Sales(3y)3.64%
Cap/Sales(5y)3.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.21%
EPS 3YN/A
EPS 5Y-3.04%
EPS Q2Q%-100%
EPS Next Y33.9%
EPS Next 2Y11.69%
EPS Next 3Y16.17%
EPS Next 5YN/A
Revenue 1Y (TTM)-38.43%
Revenue growth 3Y15.02%
Revenue growth 5Y-4.56%
Sales Q2Q%-77.73%
Revenue Next Year-63.28%
Revenue Next 2Y-43.4%
Revenue Next 3Y-28.57%
Revenue Next 5YN/A
EBIT growth 1Y-19.82%
EBIT growth 3YN/A
EBIT growth 5Y-8.86%
EBIT Next Year41.61%
EBIT Next 3Y26.34%
EBIT Next 5YN/A
FCF growth 1Y160.47%
FCF growth 3Y20.95%
FCF growth 5Y31.06%
OCF growth 1Y275.22%
OCF growth 3Y21.47%
OCF growth 5Y9.54%