PDC ENERGY INC (PDCE) Stock Fundamental Analysis
USA - NASDAQ:PDCE - US69327R1014 - Common Stock
73.85 USD
-0.2 (-0.27%)
73.85 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PDCE. PDCE was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While PDCE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PDCE scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes PDCE very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year PDCE was profitable.
PDCE had a positive operating cash flow in the past year.
In multiple years PDCE reported negative net income over the last 5 years.
PDCE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of PDCE (22.14%) is better than 79.34% of its industry peers.
With a decent Return On Equity value of 41.84%, PDCE is doing good in the industry, outperforming 76.06% of the companies in the same industry.
With an excellent Return On Invested Capital value of 30.10%, PDCE belongs to the best of the industry, outperforming 85.92% of the companies in the same industry.
PDCE had an Average Return On Invested Capital over the past 3 years of 15.55%. This is significantly below the industry average of 21.72%.
The last Return On Invested Capital (30.10%) for PDCE is above the 3 year average (15.55%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.14% | ||
| ROE | 41.84% | ||
| ROIC | 30.1% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.55%
ROIC(5y)11.87%
1.3 Margins
PDCE has a better Profit Margin (43.85%) than 81.22% of its industry peers.
PDCE's Operating Margin of 58.61% is amongst the best of the industry. PDCE outperforms 87.32% of its industry peers.
In the last couple of years the Operating Margin of PDCE has grown nicely.
PDCE's Gross Margin of 87.02% is amongst the best of the industry. PDCE outperforms 90.14% of its industry peers.
PDCE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 58.61% | ||
| PM (TTM) | 43.85% | ||
| GM | 87.02% |
OM growth 3Y123.77%
OM growth 5Y34.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-1.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PDCE is creating value.
The number of shares outstanding for PDCE has been reduced compared to 1 year ago.
PDCE has a better debt/assets ratio than last year.
2.2 Solvency
PDCE has an Altman-Z score of 2.66. This is not the best score and indicates that PDCE is in the grey zone with still only limited risk for bankruptcy at the moment.
PDCE has a Altman-Z score of 2.66. This is in the better half of the industry: PDCE outperforms 65.73% of its industry peers.
The Debt to FCF ratio of PDCE is 1.41, which is an excellent value as it means it would take PDCE, only 1.41 years of fcf income to pay off all of its debts.
PDCE has a better Debt to FCF ratio (1.41) than 74.65% of its industry peers.
PDCE has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.34, PDCE perfoms like the industry average, outperforming 59.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.66 |
ROIC/WACC3.69
WACC8.15%
2.3 Liquidity
A Current Ratio of 0.49 indicates that PDCE may have some problems paying its short term obligations.
The Current ratio of PDCE (0.49) is worse than 87.32% of its industry peers.
PDCE has a Quick Ratio of 0.49. This is a bad value and indicates that PDCE is not financially healthy enough and could expect problems in meeting its short term obligations.
PDCE's Quick ratio of 0.49 is on the low side compared to the rest of the industry. PDCE is outperformed by 83.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The earnings per share for PDCE have decreased strongly by -11.96% in the last year.
PDCE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 167.86% yearly.
The Revenue has grown by 50.94% in the past year. This is a very strong growth!
PDCE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 33.07% yearly.
EPS 1Y (TTM)-11.96%
EPS 3Y167.86%
EPS 5YN/A
EPS Q2Q%-47.36%
Revenue 1Y (TTM)50.94%
Revenue growth 3Y49.28%
Revenue growth 5Y33.07%
Sales Q2Q%-23.42%
3.2 Future
Based on estimates for the next years, PDCE will show a small growth in Earnings Per Share. The EPS will grow by 7.15% on average per year.
PDCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.61% yearly.
EPS Next Y-22.73%
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
EPS Next 5YN/A
Revenue Next Year-13.82%
Revenue Next 2Y-3.94%
Revenue Next 3Y0.61%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.01, the valuation of PDCE can be described as very cheap.
PDCE's Price/Earnings ratio is a bit cheaper when compared to the industry. PDCE is cheaper than 69.01% of the companies in the same industry.
When comparing the Price/Earnings ratio of PDCE to the average of the S&P500 Index (27.08), we can say PDCE is valued rather cheaply.
PDCE is valuated cheaply with a Price/Forward Earnings ratio of 4.80.
86.85% of the companies in the same industry are more expensive than PDCE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PDCE to the average of the S&P500 Index (23.09), we can say PDCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.01 | ||
| Fwd PE | 4.8 |
4.2 Price Multiples
87.79% of the companies in the same industry are more expensive than PDCE, based on the Enterprise Value to EBITDA ratio.
PDCE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PDCE is cheaper than 73.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.02 | ||
| EV/EBITDA | 2.37 |
4.3 Compensation for Growth
PDCE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
5. Dividend
5.1 Amount
PDCE has a Yearly Dividend Yield of 2.17%.
PDCE's Dividend Yield is comparable with the industry average which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.30, PDCE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
PDCE has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
10.55% of the earnings are spent on dividend by PDCE. This is a low number and sustainable payout ratio.
DP10.55%
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
73.85
-0.2 (-0.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change-8.56%
Ins Owners0.65%
Ins Owner Change0%
Market Cap6.43B
Revenue(TTM)4.22B
Net Income(TTM)1.85B
Analysts74.44
Price Target83.27 (12.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
Yearly Dividend1.96
Dividend Growth(5Y)N/A
DP10.55%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.33%
Min EPS beat(2)-9.76%
Max EPS beat(2)-8.89%
EPS beat(4)1
Avg EPS beat(4)-7.07%
Min EPS beat(4)-12.24%
Max EPS beat(4)2.6%
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)2
Avg Revenue beat(2)14.17%
Min Revenue beat(2)5.88%
Max Revenue beat(2)22.47%
Revenue beat(4)4
Avg Revenue beat(4)18.86%
Min Revenue beat(4)1.78%
Max Revenue beat(4)45.32%
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)-3.34%
PT rev (3m)-10.54%
EPS NQ rev (1m)-4.57%
EPS NQ rev (3m)-13.09%
EPS NY rev (1m)-12.29%
EPS NY rev (3m)-12.29%
Revenue NQ rev (1m)-1.87%
Revenue NQ rev (3m)-6.24%
Revenue NY rev (1m)-1.6%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.01 | ||
| Fwd PE | 4.8 | ||
| P/S | 1.52 | ||
| P/FCF | 6.02 | ||
| P/OCF | 2.69 | ||
| P/B | 1.45 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 2.37 |
EPS(TTM)12.29
EY16.64%
EPS(NY)15.39
Fwd EY20.85%
FCF(TTM)12.27
FCFY16.61%
OCF(TTM)27.49
OCFY37.23%
SpS48.51
BVpS50.83
TBVpS50.83
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.14% | ||
| ROE | 41.84% | ||
| ROCE | N/A | ||
| ROIC | 30.1% | ||
| ROICexc | 30.14% | ||
| ROICexgc | 30.14% | ||
| OM | 58.61% | ||
| PM (TTM) | 43.85% | ||
| GM | 87.02% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.55%
ROIC(5y)11.87%
ROICexc(3y)15.59%
ROICexc(5y)11.9%
ROICexgc(3y)15.59%
ROICexgc(5y)11.9%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y185.34%
ROICexgc growth 5Y60.29%
ROICexc growth 3Y185.34%
ROICexc growth 5Y60.29%
OM growth 3Y123.77%
OM growth 5Y34.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-1.85%
F-Score9
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 152.69% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 57.67% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 2.66 |
F-Score9
WACC8.15%
ROIC/WACC3.69
Cap/Depr(3y)116.7%
Cap/Depr(5y)138.29%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.96%
EPS 3Y167.86%
EPS 5YN/A
EPS Q2Q%-47.36%
EPS Next Y-22.73%
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
EPS Next 5YN/A
Revenue 1Y (TTM)50.94%
Revenue growth 3Y49.28%
Revenue growth 5Y33.07%
Sales Q2Q%-23.42%
Revenue Next Year-13.82%
Revenue Next 2Y-3.94%
Revenue Next 3Y0.61%
Revenue Next 5YN/A
EBIT growth 1Y79.24%
EBIT growth 3Y234.04%
EBIT growth 5Y78.55%
EBIT Next Year12.77%
EBIT Next 3Y11.65%
EBIT Next 5Y6.45%
FCF growth 1Y58.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y121.86%
OCF growth 3Y47.83%
OCF growth 5Y35.91%
PDC ENERGY INC / PDCE FAQ
Can you provide the ChartMill fundamental rating for PDC ENERGY INC?
ChartMill assigns a fundamental rating of 6 / 10 to PDCE.
Can you provide the valuation status for PDC ENERGY INC?
ChartMill assigns a valuation rating of 7 / 10 to PDC ENERGY INC (PDCE). This can be considered as Undervalued.
What is the profitability of PDCE stock?
PDC ENERGY INC (PDCE) has a profitability rating of 7 / 10.
What is the financial health of PDC ENERGY INC (PDCE) stock?
The financial health rating of PDC ENERGY INC (PDCE) is 5 / 10.
Is the dividend of PDC ENERGY INC sustainable?
The dividend rating of PDC ENERGY INC (PDCE) is 3 / 10 and the dividend payout ratio is 10.55%.