OIL STATES INTERNATIONAL INC (OIS)
US6780261052 - Common Stock
OIS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 65 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year OIS was profitable.
In the past year OIS had a positive cash flow from operations.
OIS had negative earnings in 4 of the past 5 years.
OIS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OIS has a worse Return On Assets (-0.26%) than 66.15% of its industry peers.
OIS's Return On Equity of -0.38% is on the low side compared to the rest of the industry. OIS is outperformed by 66.15% of its industry peers.
OIS has a Return On Invested Capital of 1.46%. This is in the lower half of the industry: OIS underperforms 75.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.38% | ||
| ROIC | 1.46% |
ROA(3y)-1.85%
ROA(5y)-11.92%
ROE(3y)-2.92%
ROE(5y)-17.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of OIS (2.07%) is worse than 78.46% of its industry peers.
OIS has a Gross Margin of 21.93%. This is in the lower half of the industry: OIS underperforms 60.00% of its industry peers.
OIS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.07% | ||
| PM (TTM) | N/A | ||
| GM | 21.93% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y23.31%
GM growth 5Y-0.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OIS is destroying value.
OIS has less shares outstanding than it did 1 year ago.
OIS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OIS has an improved debt to assets ratio.
2.2 Solvency
OIS has an Altman-Z score of 2.12. 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 2.12. This is comparable to the rest of the industry: OIS outperforms 60.00% of its industry peers.
OIS has a debt to FCF ratio of 8.03. This is a slightly negative value and a sign of low solvency as OIS would need 8.03 years to pay back of all of its debts.
OIS has a Debt to FCF ratio of 8.03. This is comparable to the rest of the industry: OIS outperforms 44.62% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that OIS is not too dependend on debt financing.
OIS has a better Debt to Equity ratio (0.20) than 66.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 8.03 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.19
WACC7.47%
2.3 Liquidity
OIS has a Current Ratio of 3.31. This indicates that OIS is financially healthy and has no problem in meeting its short term obligations.
OIS has a better Current ratio (3.31) than 83.08% of its industry peers.
A Quick Ratio of 1.83 indicates that OIS should not have too much problems paying its short term obligations.
OIS has a better Quick ratio (1.83) than 73.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 366.67% over the past year.
Looking at the last year, OIS shows a decrease in Revenue. The Revenue has decreased by -2.15% in the last year.
The Revenue has been decreasing by -6.39% on average over the past years.
EPS 1Y (TTM)366.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-200%
Revenue 1Y (TTM)-2.15%
Revenue growth 3Y7.03%
Revenue growth 5Y-6.39%
Sales Q2Q%-14.75%
3.2 Future
Based on estimates for the next years, OIS will show a very strong growth in Earnings Per Share. The EPS will grow by 45.98% on average per year.
OIS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.72% yearly.
EPS Next Y12.78%
EPS Next 2Y45.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.64%
Revenue Next 2Y1.72%
Revenue Next 3YN/A
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
OIS is valuated quite expensively with a Price/Earnings ratio of 33.86.
Compared to the rest of the industry, the Price/Earnings ratio of OIS is on the same level as its industry peers.
OIS is valuated rather expensively when we compare the Price/Earnings ratio to 24.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.12 indicates a reasonable valuation of OIS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OIS is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of OIS to the average of the S&P500 Index (20.59), we can say OIS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.86 | ||
| Fwd PE | 11.12 |
4.2 Price Multiples
69.23% of the companies in the same industry are more expensive than OIS, based on the Enterprise Value to EBITDA ratio.
OIS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.95 | ||
| EV/EBITDA | 5.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OIS does not grow enough to justify the current Price/Earnings ratio.
OIS's earnings are expected to grow with 45.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.65
PEG (5Y)N/A
EPS Next 2Y45.98%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OIS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OIL STATES INTERNATIONAL INC
NYSE:OIS (7/26/2024, 7:04:00 PM)
After market: 4.74 0 (0%)4.74
+0.01 (+0.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap304.40M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.86 | ||
| Fwd PE | 11.12 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.65
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.07% | ||
| PM (TTM) | N/A | ||
| GM | 21.93% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.31 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)366.67%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y12.78%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.15%
Revenue growth 3Y7.03%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y