PHX MINERALS INC (PHX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PHX - US69291A1007 - Common Stock
4.35 USD
+0.01 (+0.23%)
4.36 USD
+0.01 (+0.23%)
We assign a fundamental rating of 6 out of 10 to PHX. PHX was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. PHX has an excellent financial health rating, but there are some minor concerns on its profitability. PHX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
PHX had positive earnings in the past year.
PHX had a positive operating cash flow in the past year.
In multiple years PHX reported negative net income over the last 5 years.
In the past 5 years PHX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PHX (4.28%) is comparable to the rest of the industry.
PHX's Return On Equity of 5.49% is in line compared to the rest of the industry. PHX outperforms 44.13% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.98%, PHX is doing worse than 64.79% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PHX is significantly below the industry average of 21.00%.
The 3 year average ROIC (9.06%) for PHX is well above the current ROIC(3.98%). The reason for the recent decline needs to be investigated.
| 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 has a better Profit Margin (18.23%) than 69.48% of its industry peers.
Looking at the Operating Margin, with a value of 22.11%, PHX is in line with its industry, outperforming 53.52% of the companies in the same industry.
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
PHX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PHX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PHX has been increased compared to 5 years ago.
Compared to 1 year ago, PHX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.92 indicates that PHX is not in any danger for bankruptcy at the moment.
PHX has a better Altman-Z score (3.92) 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.
PHX has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.16, PHX is doing good in the industry, outperforming 72.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.16 | ||
| Altman-Z | 3.92 |
ROIC/WACC0.46
WACC8.71%
2.3 Liquidity
PHX has a Current Ratio of 1.80. This is a normal value and indicates that PHX is financially healthy and should not expect problems in meeting its short term obligations.
PHX has a better Current ratio (1.80) than 74.18% of its industry peers.
PHX has a Quick Ratio of 1.80. This is a normal value and indicates that PHX is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.80, PHX is doing good in the industry, outperforming 77.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.8 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 80.91% over the past year.
The earnings per share for PHX have been decreasing by -51.21% on average. This is quite bad
Looking at the last year, PHX shows a quite strong growth in Revenue. The Revenue has grown by 15.65% in the last year.
The Revenue has been decreasing by -3.50% on average over the past years.
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
Based on estimates for the next years, PHX will show a very strong growth in Earnings Per Share. The EPS will grow by 112.79% on average per year.
The Revenue is expected to grow by 12.54% on average over the next years. This is quite good.
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.
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
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.
The average S&P500 Price/Earnings ratio is at 26.38. PHX is around the same levels.
A Price/Forward Earnings ratio of 16.01 indicates a correct valuation of PHX.
The rest of the industry has a similar Price/Forward Earnings ratio as PHX.
When comparing the Price/Forward Earnings ratio of PHX to the average of the S&P500 Index (23.83), we can say PHX is valued slightly cheaper.
| 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 3.83, PHX has a dividend in line with its industry peers.
PHX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
5.2 History
The dividend of PHX decreases each year by -2.22%.
PHX has paid a dividend for at least 10 years, which is 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
PHX pays out 81.44% of its income as dividend. 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-18.69%
Ins Owners15.46%
Ins Owner Change-24.63%
Market Cap164.95M
Revenue(TTM)37.79M
Net Income(TTM)6.89M
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
Graham NumberN/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
ROICexgc growth 3Y-30.3%
ROICexgc 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%
PHX MINERALS INC / PHX FAQ
What is the fundamental rating for PHX stock?
ChartMill assigns a fundamental rating of 6 / 10 to PHX.
What is the valuation status for PHX stock?
ChartMill assigns a valuation rating of 5 / 10 to PHX MINERALS INC (PHX). This can be considered as Fairly Valued.
What is the profitability of PHX stock?
PHX MINERALS INC (PHX) has a profitability rating of 5 / 10.
What is the financial health of PHX MINERALS INC (PHX) stock?
The financial health rating of PHX MINERALS INC (PHX) is 7 / 10.
Can you provide the dividend sustainability for PHX stock?
The dividend rating of PHX MINERALS INC (PHX) is 4 / 10 and the dividend payout ratio is 81.44%.