PHX MINERALS INC (PHX) Stock Fundamental Analysis
NYSE:PHX - US69291A1007 - Common Stock
4.35 USD
+0.01 (+0.23%)
4.36 USD
+0.01 (+0.23%)
PHX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. PHX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PHX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PHX was profitable.
PHX had a positive operating cash flow in the past year.
In multiple years PHX reported negative net income over the last 5 years.
Each year in the past 5 years PHX had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 4.28%, PHX perfoms like the industry average, outperforming 56.34% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.49%, PHX is in line with its industry, outperforming 44.13% of the companies in the same industry.
PHX has a worse Return On Invested Capital (3.98%) than 64.79% of its industry peers.
PHX had an Average Return On Invested Capital over the past 3 years of 9.06%. This is significantly below the industry average of 21.91%.
The last Return On Invested Capital (3.98%) for PHX is well below the 3 year average (9.06%), which needs to be investigated, but indicates that PHX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 5.49% | ||
| ROIC | 3.98% |
ROA(3y)7.72%
ROA(5y)-1.22%
ROE(3y)10.71%
ROE(5y)-2.76%
ROIC(3y)9.06%
ROIC(5y)N/A
1.3 Margins
PHX's Profit Margin of 18.23% is fine compared to the rest of the industry. PHX outperforms 69.48% of its industry peers.
PHX's Operating Margin of 22.11% is in line compared to the rest of the industry. PHX outperforms 53.52% of its industry peers.
PHX's Operating Margin has declined in the last couple of years.
PHX has a Gross Margin of 92.32%. This is amongst the best in the industry. PHX outperforms 96.71% of its industry peers.
PHX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.11% | ||
| PM (TTM) | 18.23% | ||
| GM | 92.32% |
OM growth 3Y-15.61%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y7.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PHX is creating some value.
PHX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PHX has more shares outstanding
The debt/assets ratio for PHX has been reduced compared to a year ago.
2.2 Solvency
PHX has an Altman-Z score of 3.92. This indicates that PHX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PHX (3.92) is better than 87.32% of its industry peers.
PHX has a debt to FCF ratio of 1.16. This is a very positive value and a sign of high solvency as it would only need 1.16 years to pay back of all of its debts.
PHX has a Debt to FCF ratio of 1.16. This is amongst the best in the industry. PHX outperforms 88.26% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that PHX is not too dependend on debt financing.
PHX has a Debt to Equity ratio of 0.16. This is in the better half of the industry: PHX outperforms 72.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.16 | ||
| Altman-Z | 3.92 |
ROIC/WACC0.46
WACC8.71%
2.3 Liquidity
A Current Ratio of 1.80 indicates that PHX should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.80, PHX is doing good in the industry, outperforming 74.18% of the companies in the same industry.
A Quick Ratio of 1.80 indicates that PHX should not have too much problems paying its short term obligations.
The Quick ratio of PHX (1.80) is better than 77.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.8 |
3. Growth
3.1 Past
PHX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.91%, which is quite impressive.
Measured over the past years, PHX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -51.21% on average per year.
PHX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.65%.
Measured over the past years, PHX shows a decrease in Revenue. The Revenue has been decreasing by -3.50% on average per year.
EPS 1Y (TTM)80.91%
EPS 3YN/A
EPS 5Y-51.21%
EPS Q2Q%1390%
Revenue 1Y (TTM)15.65%
Revenue growth 3Y-3.53%
Revenue growth 5Y-3.5%
Sales Q2Q%-3.45%
3.2 Future
PHX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 112.79% yearly.
PHX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.54% yearly.
EPS Next Y211.42%
EPS Next 2Y112.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.91%
Revenue Next 2Y12.55%
Revenue Next 3YN/A
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.
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
PHX is valuated rather expensively with a Price/Earnings ratio of 21.75.
Compared to the rest of the industry, the Price/Earnings ratio of PHX is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.84, PHX is valued at the same level.
Based on the Price/Forward Earnings ratio of 16.01, the valuation of PHX can be described as correct.
PHX's Price/Forward Earnings is on the same level as the industry average.
PHX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 16.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PHX is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, PHX is valued a bit cheaper than 74.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.69 | ||
| EV/EBITDA | 10.1 |
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.
PHX's earnings are expected to grow with 112.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y112.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PHX has a Yearly Dividend Yield of 3.68%.
Compared to an average industry Dividend Yield of 6.06, PHX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, PHX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
5.2 History
The dividend of PHX decreases each year by -2.22%.
PHX has been paying a dividend for at least 10 years, so it has a reliable track record.
PHX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.22%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
81.44% of the earnings are spent on dividend by PHX. This is not a sustainable payout ratio.
DP81.44%
EPS Next 2Y112.79%
EPS Next 3YN/A
4.35
+0.01 (+0.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners61.33%
Inst Owner Change-99.39%
Ins Owners15.46%
Ins Owner Change-24.53%
Market Cap164.95M
Analysts76.67
Price Target4.44 (2.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
Yearly Dividend0.14
Dividend Growth(5Y)-2.22%
DP81.44%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)52.05%
Min EPS beat(2)-100%
Max EPS beat(2)204.1%
EPS beat(4)3
Avg EPS beat(4)72.96%
Min EPS beat(4)-100%
Max EPS beat(4)204.1%
EPS beat(8)5
Avg EPS beat(8)23.56%
EPS beat(12)6
Avg EPS beat(12)-11.3%
EPS beat(16)7
Avg EPS beat(16)-55.39%
Revenue beat(2)0
Avg Revenue beat(2)-18.07%
Min Revenue beat(2)-24.77%
Max Revenue beat(2)-11.38%
Revenue beat(4)1
Avg Revenue beat(4)-5.57%
Min Revenue beat(4)-24.77%
Max Revenue beat(4)16.3%
Revenue beat(8)2
Avg Revenue beat(8)-2.97%
Revenue beat(12)4
Avg Revenue beat(12)3.48%
Revenue beat(16)8
Avg Revenue beat(16)12.1%
PT rev (1m)-17.14%
PT rev (3m)-17.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-44.78%
EPS NY rev (1m)-8.87%
EPS NY rev (3m)-35.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 16.01 | ||
| P/S | 4.36 | ||
| P/FCF | 9.69 | ||
| P/OCF | 9.64 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 10.1 |
EPS(TTM)0.2
EY4.6%
EPS(NY)0.27
Fwd EY6.25%
FCF(TTM)0.45
FCFY10.32%
OCF(TTM)0.45
OCFY10.37%
SpS1
BVpS3.31
TBVpS3.31
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 5.49% | ||
| ROCE | 5.37% | ||
| ROIC | 3.98% | ||
| ROICexc | 4.05% | ||
| ROICexgc | 4.05% | ||
| OM | 22.11% | ||
| PM (TTM) | 18.23% | ||
| GM | 92.32% | ||
| FCFM | 45.04% |
ROA(3y)7.72%
ROA(5y)-1.22%
ROE(3y)10.71%
ROE(5y)-2.76%
ROIC(3y)9.06%
ROIC(5y)N/A
ROICexc(3y)9.25%
ROICexc(5y)N/A
ROICexgc(3y)9.25%
ROICexgc(5y)N/A
ROCE(3y)12.22%
ROCE(5y)N/A
ROICexcg growth 3Y-30.3%
ROICexcg growth 5YN/A
ROICexc growth 3Y-30.3%
ROICexc growth 5YN/A
OM growth 3Y-15.61%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y7.11%
F-Score7
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.16 | ||
| Debt/EBITDA | 1.1 | ||
| Cap/Depr | 0.89% | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 3.51 | ||
| Cash Conversion | 94.85% | ||
| Profit Quality | 247.06% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.8 | ||
| Altman-Z | 3.92 |
F-Score7
WACC8.71%
ROIC/WACC0.46
Cap/Depr(3y)4.1%
Cap/Depr(5y)5.06%
Cap/Sales(3y)0.64%
Cap/Sales(5y)1.1%
Profit Quality(3y)375.76%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)80.91%
EPS 3YN/A
EPS 5Y-51.21%
EPS Q2Q%1390%
EPS Next Y211.42%
EPS Next 2Y112.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.65%
Revenue growth 3Y-3.53%
Revenue growth 5Y-3.5%
Sales Q2Q%-3.45%
Revenue Next Year20.91%
Revenue Next 2Y12.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y72.63%
EBIT growth 3Y-18.59%
EBIT growth 5YN/A
EBIT Next Year356.2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y441.66%
FCF growth 3Y77.65%
FCF growth 5Y0.58%
OCF growth 1Y444.66%
OCF growth 3Y66.14%
OCF growth 5Y-2.96%