OIL STATES INTERNATIONAL INC (OIS) Stock Fundamental Analysis
NYSE:OIS - New York Stock Exchange, Inc. - US6780261052 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to OIS. OIS was compared to 62 industry peers in the Energy Equipment & Services industry. The financial health of OIS is average, but there are quite some concerns on its profitability. OIS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OIS was profitable.
OIS had a positive operating cash flow in the past year.
OIS had negative earnings in 4 of the past 5 years.
In the past 5 years OIS always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.53%, OIS is not doing good in the industry: 70.97% of the companies in the same industry are doing better.
With a Return On Equity value of 0.77%, OIS is not doing good in the industry: 67.74% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 1.38%, OIS is doing worse than 82.26% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OIS is significantly below the industry average of 8.42%.
The 3 year average ROIC (1.06%) for OIS is below the current ROIC(1.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 0.77% | ||
| ROIC | 1.38% |
ROA(3y)-0.26%
ROA(5y)-9.47%
ROE(3y)-0.41%
ROE(5y)-14.45%
ROIC(3y)1.06%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.77%, OIS is not doing good in the industry: 70.97% of the companies in the same industry are doing better.
The Operating Margin of OIS (2.10%) is worse than 80.65% of its industry peers.
OIS's Gross Margin of 23.11% is in line compared to the rest of the industry. OIS outperforms 40.32% of its industry peers.
OIS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.1% | ||
| PM (TTM) | 0.77% | ||
| GM | 23.11% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.99%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
OIS 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, OIS has less shares outstanding
Compared to 5 years ago, OIS has more shares outstanding
OIS has a better debt/assets ratio than last year.
2.2 Solvency
OIS has an Altman-Z score of 2.23. This is not the best score and indicates that OIS is in the grey zone with still only limited risk for bankruptcy at the moment.
OIS has a Altman-Z score of 2.23. This is in the better half of the industry: OIS outperforms 64.52% of its industry peers.
OIS has a debt to FCF ratio of 4.18. This is a neutral value as OIS would need 4.18 years to pay back of all of its debts.
OIS has a Debt to FCF ratio of 4.18. This is comparable to the rest of the industry: OIS outperforms 51.61% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that OIS is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.18, OIS is doing good in the industry, outperforming 74.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 4.18 | ||
| Altman-Z | 2.23 |
ROIC/WACC0.15
WACC9.19%
2.3 Liquidity
A Current Ratio of 3.42 indicates that OIS has no problem at all paying its short term obligations.
OIS has a Current ratio of 3.42. This is amongst the best in the industry. OIS outperforms 82.26% of its industry peers.
A Quick Ratio of 1.91 indicates that OIS should not have too much problems paying its short term obligations.
The Quick ratio of OIS (1.91) is better than 75.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.42 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
OIS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 85.71%, which is quite impressive.
The Revenue has decreased by -9.04% in the past year.
The Revenue has been decreasing by -7.40% on average over the past years.
EPS 1Y (TTM)85.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)-9.04%
Revenue growth 3Y6.51%
Revenue growth 5Y-7.4%
Sales Q2Q%-4.38%
3.2 Future
OIS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 79.67% yearly.
Based on estimates for the next years, OIS will show a small growth in Revenue. The Revenue will grow by 3.23% on average per year.
EPS Next Y152.5%
EPS Next 2Y79.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.14%
Revenue Next 2Y3.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.69, the valuation of OIS can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of OIS is on the same level as its industry peers.
OIS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.41.
The Price/Forward Earnings ratio is 10.28, which indicates a very decent valuation of OIS.
Based on the Price/Forward Earnings ratio, OIS is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of OIS to the average of the S&P500 Index (35.19), we can say OIS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.69 | ||
| Fwd PE | 10.28 |
4.2 Price Multiples
OIS's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as OIS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.64 | ||
| EV/EBITDA | 6.09 |
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.
A more expensive valuation may be justified as OIS's earnings are expected to grow with 79.67% in the coming years.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y79.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for OIS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.64
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners84.75%
Inst Owner Change0%
Ins Owners7.1%
Ins Owner Change4.45%
Market Cap348.95M
Analysts80
Price Target6.76 (19.86%)
Short Float %2.5%
Short Ratio1.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)62.01%
Min EPS beat(2)62%
Max EPS beat(2)62.02%
EPS beat(4)3
Avg EPS beat(4)48.51%
Min EPS beat(4)-27.99%
Max EPS beat(4)98.02%
EPS beat(8)4
Avg EPS beat(8)-2.89%
EPS beat(12)7
Avg EPS beat(12)8.58%
EPS beat(16)7
Avg EPS beat(16)0.14%
Revenue beat(2)0
Avg Revenue beat(2)-4.73%
Min Revenue beat(2)-5.98%
Max Revenue beat(2)-3.49%
Revenue beat(4)1
Avg Revenue beat(4)-4.82%
Min Revenue beat(4)-10.43%
Max Revenue beat(4)0.62%
Revenue beat(8)2
Avg Revenue beat(8)-5.68%
Revenue beat(12)4
Avg Revenue beat(12)-3.82%
Revenue beat(16)5
Avg Revenue beat(16)-3.48%
PT rev (1m)0%
PT rev (3m)-1.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.14%
EPS NY rev (1m)0%
EPS NY rev (3m)3.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.08%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.69 | ||
| Fwd PE | 10.28 | ||
| P/S | 0.51 | ||
| P/FCF | 11.64 | ||
| P/OCF | 5.24 | ||
| P/B | 0.51 | ||
| P/tB | 0.71 | ||
| EV/EBITDA | 6.09 |
EPS(TTM)0.26
EY4.61%
EPS(NY)0.55
Fwd EY9.73%
FCF(TTM)0.48
FCFY8.59%
OCF(TTM)1.08
OCFY19.07%
SpS11.08
BVpS11.05
TBVpS7.94
PEG (NY)0.14
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 0.77% | ||
| ROCE | 1.7% | ||
| ROIC | 1.38% | ||
| ROICexc | 1.5% | ||
| ROICexgc | 1.99% | ||
| OM | 2.1% | ||
| PM (TTM) | 0.77% | ||
| GM | 23.11% | ||
| FCFM | 4.37% |
ROA(3y)-0.26%
ROA(5y)-9.47%
ROE(3y)-0.41%
ROE(5y)-14.45%
ROIC(3y)1.06%
ROIC(5y)N/A
ROICexc(3y)1.13%
ROICexc(5y)N/A
ROICexgc(3y)1.55%
ROICexgc(5y)N/A
ROCE(3y)1.31%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.99%
GM growth 5Y1.35%
F-Score8
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 4.18 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 69.61% | ||
| Cap/Sales | 5.34% | ||
| Interest Coverage | 1.93 | ||
| Cash Conversion | 99.45% | ||
| Profit Quality | 568.35% | ||
| Current Ratio | 3.42 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z | 2.23 |
F-Score8
WACC9.19%
ROIC/WACC0.15
Cap/Depr(3y)49.7%
Cap/Depr(5y)36.74%
Cap/Sales(3y)4.03%
Cap/Sales(5y)3.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)85.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y152.5%
EPS Next 2Y79.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.04%
Revenue growth 3Y6.51%
Revenue growth 5Y-7.4%
Sales Q2Q%-4.38%
Revenue Next Year-0.14%
Revenue Next 2Y3.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-11.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1255.91%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y118.75%
FCF growth 3YN/A
FCF growth 5Y-36.51%
OCF growth 1Y76.62%
OCF growth 3Y85.46%
OCF growth 5Y-19.69%