PHX MINERALS INC (PHX)
US69291A1007 - Common Stock
PHX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 215 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 is valued correctly, but it does not seem to be growing.
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.
PHX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PHX has a Return On Assets of 8.36%. This is in the better half of the industry: PHX outperforms 60.75% of its industry peers.
Looking at the Return On Equity, with a value of 11.30%, PHX is in line with its industry, outperforming 42.52% of the companies in the same industry.
PHX's Return On Invested Capital of 4.75% is on the low side compared to the rest of the industry. PHX is outperformed by 68.22% of its industry peers.
PHX had an Average Return On Invested Capital over the past 3 years of 11.37%. This is significantly below the industry average of 44.13%.
The last Return On Invested Capital (4.75%) for PHX is well below the 3 year average (11.37%), which needs to be investigated, but indicates that PHX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.36% | ||
| ROE | 11.3% | ||
| ROIC | 4.75% |
ROA(3y)5.48%
ROA(5y)-7.94%
ROE(3y)7.44%
ROE(5y)-13.41%
ROIC(3y)11.37%
ROIC(5y)N/A
1.3 Margins
PHX has a Profit Margin of 37.02%. This is amongst the best in the industry. PHX outperforms 82.71% of its industry peers.
In the last couple of years the Profit Margin of PHX has grown nicely.
With a Operating Margin value of 26.36%, PHX perfoms like the industry average, outperforming 52.34% of the companies in the same industry.
PHX's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 90.74%, PHX belongs to the best of the industry, outperforming 94.86% of the companies in the same industry.
In the last couple of years the Gross Margin of PHX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.36% | ||
| PM (TTM) | 37.02% | ||
| GM | 90.74% |
OM growth 3YN/A
OM growth 5Y8.7%
PM growth 3YN/A
PM growth 5Y4.79%
GM growth 3Y6.25%
GM growth 5Y5.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PHX is still creating some value.
Compared to 1 year ago, PHX has more shares outstanding
PHX has more shares outstanding than it did 5 years ago.
PHX has a worse debt/assets ratio than last year.
2.2 Solvency
PHX has an Altman-Z score of 2.87. This is not the best score and indicates that PHX is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of PHX (2.87) is better than 71.03% of its industry peers.
The Debt to FCF ratio of PHX is 1.37, which is an excellent value as it means it would take PHX, only 1.37 years of fcf income to pay off all of its debts.
PHX has a Debt to FCF ratio of 1.37. This is amongst the best in the industry. PHX outperforms 81.31% of its industry peers.
PHX has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
PHX has a better Debt to Equity ratio (0.27) than 64.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.37 | ||
| Altman-Z | 2.87 |
ROIC/WACC0.56
WACC8.52%
2.3 Liquidity
PHX has a Current Ratio of 5.05. This indicates that PHX is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 5.05, PHX belongs to the best of the industry, outperforming 88.32% of the companies in the same industry.
A Quick Ratio of 5.05 indicates that PHX has no problem at all paying its short term obligations.
PHX has a better Quick ratio (5.05) than 89.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.05 | ||
| Quick Ratio | 5.05 |
3. Growth
3.1 Past
The earnings per share for PHX have decreased strongly by -51.16% in the last year.
The earnings per share for PHX have been decreasing by -23.34% on average. This is quite bad
PHX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -47.40%.
Measured over the past years, PHX shows a decrease in Revenue. The Revenue has been decreasing by -5.53% on average per year.
EPS 1Y (TTM)-51.16%
EPS 3YN/A
EPS 5Y-23.34%
EPS growth Q2Q-41.67%
Revenue 1Y (TTM)-47.4%
Revenue growth 3Y16.05%
Revenue growth 5Y-5.53%
Revenue growth Q2Q-42.56%
3.2 Future
PHX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.40% yearly.
PHX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.82% yearly.
EPS Next Y-36.03%
EPS Next 2Y25.02%
EPS Next 3Y25.4%
EPS Next 5YN/A
Revenue Next Year-7.4%
Revenue Next 2Y12.98%
Revenue Next 3Y6.82%
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 accelerating.
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
The Price/Earnings ratio is 15.76, which indicates a correct valuation of PHX.
64.02% of the companies in the same industry are cheaper than PHX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.43, PHX is valued a bit cheaper.
A Price/Forward Earnings ratio of 24.64 indicates a rather expensive valuation of PHX.
PHX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PHX is more expensive than 69.63% of the companies in the same industry.
PHX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 20.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.76 | ||
| Fwd PE | 24.64 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PHX.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PHX indicates a rather cheap valuation: PHX is cheaper than 85.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.2 | ||
| EV/EBITDA | 8.42 |
4.3 Compensation for Growth
The decent profitability rating of PHX may justify a higher PE ratio.
PHX's earnings are expected to grow with 25.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y25.02%
EPS Next 3Y25.4%
5. Dividend
5.1 Amount
PHX has a Yearly Dividend Yield of 3.64%. Purely for dividend investing, there may be better candidates out there.
PHX's Dividend Yield is comparable with the industry average which is at 5.87.
Compared to an average S&P500 Dividend Yield of 2.36, PHX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
The dividend of PHX decreases each year by -9.42%.
PHX has been paying a dividend for at least 10 years, so it has a reliable track record.
PHX has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.42%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
PHX pays out 25.29% of its income as dividend. This is a sustainable payout ratio.
DP25.29%
EPS Next 2Y25.02%
EPS Next 3Y25.4%
PHX MINERALS INC
NYSE:PHX (5/10/2024, 7:12:59 PM)
3.31
+0.01 (+0.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap123.99M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
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)
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Min EPS beat(4)
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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)
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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 | 15.76 | ||
| Fwd PE | 24.64 | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.36% | ||
| ROE | 11.3% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.36% | ||
| PM (TTM) | 37.02% | ||
| GM | 90.74% | ||
| 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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.05 | ||
| Quick Ratio | 5.05 | ||
| 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)
Growth
EPS 1Y (TTM)-51.16%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-36.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-47.4%
Revenue growth 3Y16.05%
Revenue growth 5Y
Revenue growth 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