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 63 industry peers in the Energy Equipment & Services industry. While OIS seems to be doing ok healthwise, there are quite some concerns on its profitability. OIS may be a bit undervalued, certainly considering the very reasonable score on growth
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
OIS has a Return On Assets of 0.53%. This is in the lower half of the industry: OIS underperforms 72.58% of its industry peers.
OIS has a Return On Equity of 0.77%. This is in the lower half of the industry: OIS underperforms 69.35% of its industry peers.
With a Return On Invested Capital value of 1.38%, OIS is not doing good in the industry: 83.87% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for OIS is significantly below the industry average of 8.69%.
The last Return On Invested Capital (1.38%) for OIS is above the 3 year average (1.06%), which is a sign of increasing profitability.
| 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
OIS has a worse Profit Margin (0.77%) than 72.58% of its industry peers.
The Operating Margin of OIS (2.10%) is worse than 82.26% of its industry peers.
With a Gross Margin value of 23.11%, OIS perfoms like the industry average, outperforming 40.32% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OIS is destroying value.
The number of shares outstanding for OIS has been reduced compared to 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
An Altman-Z score of 2.08 indicates that OIS is not a great score, but indicates only limited risk for bankruptcy at the moment.
OIS's Altman-Z score of 2.08 is fine compared to the rest of the industry. OIS outperforms 66.13% of its industry peers.
The Debt to FCF ratio of OIS is 4.18, which is a neutral value as it means it would take OIS, 4.18 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.18, OIS is in line with its industry, outperforming 53.23% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that OIS is not too dependend on debt financing.
OIS's Debt to Equity ratio of 0.18 is fine compared to the rest of the industry. OIS outperforms 72.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 4.18 | ||
| Altman-Z | 2.08 |
ROIC/WACC0.15
WACC8.96%
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 83.87% of its industry peers.
A Quick Ratio of 1.91 indicates that OIS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.91, OIS is in the better half of the industry, outperforming 75.81% of the companies in the same industry.
| 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.
Measured over the past years, OIS shows a decrease in Revenue. The Revenue has been decreasing by -7.40% on average per year.
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
Based on estimates for the next years, OIS will show a very strong growth in Earnings Per Share. The EPS will grow by 85.63% on average per year.
The Revenue is expected to grow by 2.35% on average over the next years.
EPS Next Y152.5%
EPS Next 2Y85.63%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.18%
Revenue Next 2Y2.35%
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
A Price/Earnings ratio of 16.77 indicates a correct valuation of OIS.
OIS's Price/Earnings is on the same level as the industry average.
OIS is valuated rather cheaply when we compare the Price/Earnings ratio to 25.82, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.44, which indicates a rather cheap valuation of OIS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OIS indicates a rather cheap valuation: OIS is cheaper than 83.87% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, OIS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | 7.44 |
4.2 Price Multiples
OIS's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OIS indicates a somewhat cheap valuation: OIS is cheaper than 62.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | 4.92 |
4.3 Compensation for Growth
OIS's 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 85.63% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y85.63%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OIS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.36
-0.01 (-0.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners80.28%
Inst Owner Change1.76%
Ins Owners6.16%
Ins Owner Change6.47%
Market Cap270.41M
Analysts80
Price Target6.76 (55.05%)
Short Float %2.3%
Short Ratio1.49
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)-1.85%
PT rev (3m)-9.4%
EPS NQ rev (1m)-3.57%
EPS NQ rev (3m)38.46%
EPS NY rev (1m)3.66%
EPS NY rev (3m)41.67%
Revenue NQ rev (1m)-2.29%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)-1.26%
Revenue NY rev (3m)1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | 7.44 | ||
| P/S | 0.39 | ||
| P/FCF | 9.02 | ||
| P/OCF | 4.06 | ||
| P/B | 0.4 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | 4.92 |
EPS(TTM)0.26
EY5.96%
EPS(NY)0.59
Fwd EY13.44%
FCF(TTM)0.48
FCFY11.09%
OCF(TTM)1.07
OCFY24.61%
SpS11.05
BVpS11.02
TBVpS7.92
PEG (NY)0.11
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 | 2.08 |
F-Score8
WACC8.96%
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 2Y85.63%
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-0.18%
Revenue Next 2Y2.35%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-11.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1262.13%
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%