PROPETRO HOLDING CORP (PUMP) Stock Fundamental Analysis
NYSE:PUMP - New York Stock Exchange, Inc. - US74347M1080 - Common Stock - Currency: USD
Taking everything into account, PUMP scores 4 out of 10 in our fundamental rating. PUMP was compared to 63 industry peers in the Energy Equipment & Services industry. While PUMP seems to be doing ok healthwise, there are quite some concerns on its profitability. PUMP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PUMP was profitable.
In the past year PUMP had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PUMP reported negative net income in multiple years.
PUMP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -11.89%, PUMP is doing worse than 85.71% of the companies in the same industry.
The Return On Equity of PUMP (-17.93%) is worse than 76.19% of its industry peers.
The Return On Invested Capital of PUMP (2.87%) is worse than 77.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PUMP is in line with the industry average of 8.50%.
The last Return On Invested Capital (2.87%) for PUMP is well below the 3 year average (9.31%), which needs to be investigated, but indicates that PUMP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.89% | ||
| ROE | -17.93% | ||
| ROIC | 2.87% |
ROA(3y)-1.78%
ROA(5y)-4.12%
ROE(3y)-2.7%
ROE(5y)-5.39%
ROIC(3y)9.31%
ROIC(5y)N/A
1.3 Margins
PUMP has a Operating Margin of 2.79%. This is in the lower half of the industry: PUMP underperforms 77.78% of its industry peers.
PUMP's Operating Margin has declined in the last couple of years.
PUMP's Gross Margin of 25.55% is in line compared to the rest of the industry. PUMP outperforms 49.21% of its industry peers.
PUMP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.79% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% |
OM growth 3YN/A
OM growth 5Y-24.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.62%
GM growth 5Y-1.55%
2. Health
2.1 Basic Checks
PUMP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PUMP has been reduced compared to 1 year ago.
PUMP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PUMP is higher compared to a year ago.
2.2 Solvency
PUMP has an Altman-Z score of 2.16. This is not the best score and indicates that PUMP is in the grey zone with still only limited risk for bankruptcy at the moment.
PUMP's Altman-Z score of 2.16 is fine compared to the rest of the industry. PUMP outperforms 61.90% of its industry peers.
PUMP has a debt to FCF ratio of 0.85. This is a very positive value and a sign of high solvency as it would only need 0.85 years to pay back of all of its debts.
PUMP has a better Debt to FCF ratio (0.85) than 82.54% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that PUMP is not too dependend on debt financing.
PUMP's Debt to Equity ratio of 0.06 is amongst the best of the industry. PUMP outperforms 82.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.85 | ||
| Altman-Z | 2.16 |
ROIC/WACC0.33
WACC8.62%
2.3 Liquidity
A Current Ratio of 1.44 indicates that PUMP should not have too much problems paying its short term obligations.
PUMP has a Current ratio of 1.44. This is in the lower half of the industry: PUMP underperforms 74.60% of its industry peers.
A Quick Ratio of 1.39 indicates that PUMP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.39, PUMP is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
PUMP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -76.00%.
The earnings per share for PUMP have been decreasing by -29.68% on average. This is quite bad
The Revenue for PUMP has decreased by -13.32% in the past year. This is quite bad
PUMP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.79% yearly.
EPS 1Y (TTM)-76%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%-50%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-11.44%
3.2 Future
Based on estimates for the next years, PUMP will show a very strong growth in Earnings Per Share. The EPS will grow by 30.81% on average per year.
PUMP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.77% yearly.
EPS Next Y-41.29%
EPS Next 2Y7.82%
EPS Next 3Y30.81%
EPS Next 5YN/A
Revenue Next Year-9.91%
Revenue Next 2Y-0.65%
Revenue Next 3Y4.77%
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
Based on the Price/Earnings ratio of 33.67, the valuation of PUMP can be described as expensive.
Based on the Price/Earnings ratio, PUMP is valued a bit more expensive than 65.08% of the companies in the same industry.
PUMP is valuated rather expensively when we compare the Price/Earnings ratio to 26.86, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 19.31, which indicates a rather expensive current valuation of PUMP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PUMP indicates a slightly more expensive valuation: PUMP is more expensive than 73.02% of the companies listed in the same industry.
PUMP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.67 | ||
| Fwd PE | 19.31 |
4.2 Price Multiples
98.41% of the companies in the same industry are more expensive than PUMP, based on the Enterprise Value to EBITDA ratio.
82.54% of the companies in the same industry are more expensive than PUMP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.36 | ||
| EV/EBITDA | 2.52 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PUMP's earnings are expected to grow with 30.81% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.82%
EPS Next 3Y30.81%
5. Dividend
5.1 Amount
No dividends for PUMP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.06
+0.09 (+1.51%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners84.96%
Inst Owner Change4.22%
Ins Owners1.23%
Ins Owner Change21.04%
Market Cap629.69M
Analysts77.33
Price Target9.12 (50.5%)
Short Float %11.5%
Short Ratio5.39
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)1
Avg EPS beat(2)26%
Min EPS beat(2)-11.41%
Max EPS beat(2)63.4%
EPS beat(4)2
Avg EPS beat(4)33.14%
Min EPS beat(4)-135.77%
Max EPS beat(4)216.33%
EPS beat(8)4
Avg EPS beat(8)20.24%
EPS beat(12)4
Avg EPS beat(12)-1.88%
EPS beat(16)5
Avg EPS beat(16)-200.3%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)2.56%
Revenue beat(4)1
Avg Revenue beat(4)-1.83%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)2.56%
Revenue beat(8)3
Avg Revenue beat(8)-1.68%
Revenue beat(12)4
Avg Revenue beat(12)-1.49%
Revenue beat(16)7
Avg Revenue beat(16)-0.25%
PT rev (1m)-1.38%
PT rev (3m)-18.75%
EPS NQ rev (1m)2.67%
EPS NQ rev (3m)-16.72%
EPS NY rev (1m)11.6%
EPS NY rev (3m)-40.78%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-7.65%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-7.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.67 | ||
| Fwd PE | 19.31 | ||
| P/S | 0.45 | ||
| P/FCF | 7.36 | ||
| P/OCF | 2.71 | ||
| P/B | 0.76 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 2.52 |
EPS(TTM)0.18
EY2.97%
EPS(NY)0.31
Fwd EY5.18%
FCF(TTM)0.82
FCFY13.58%
OCF(TTM)2.23
OCFY36.87%
SpS13.45
BVpS7.95
TBVpS7.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.89% | ||
| ROE | -17.93% | ||
| ROCE | 3.87% | ||
| ROIC | 2.87% | ||
| ROICexc | 3.09% | ||
| ROICexgc | 3.31% | ||
| OM | 2.79% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% | ||
| FCFM | 6.12% |
ROA(3y)-1.78%
ROA(5y)-4.12%
ROE(3y)-2.7%
ROE(5y)-5.39%
ROIC(3y)9.31%
ROIC(5y)N/A
ROICexc(3y)9.93%
ROICexc(5y)N/A
ROICexgc(3y)10.71%
ROICexgc(5y)N/A
ROCE(3y)12.55%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-26.65%
ROICexc growth 3YN/A
ROICexc growth 5Y-27.57%
OM growth 3YN/A
OM growth 5Y-24.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.62%
GM growth 5Y-1.55%
F-Score6
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.85 | ||
| Debt/EBITDA | 0.21 | ||
| Cap/Depr | 70.42% | ||
| Cap/Sales | 10.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.92% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 2.16 |
F-Score6
WACC8.62%
ROIC/WACC0.33
Cap/Depr(3y)173.62%
Cap/Depr(5y)138.81%
Cap/Sales(3y)19.15%
Cap/Sales(5y)17.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-76%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%-50%
EPS Next Y-41.29%
EPS Next 2Y7.82%
EPS Next 3Y30.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-11.44%
Revenue Next Year-9.91%
Revenue Next 2Y-0.65%
Revenue Next 3Y4.77%
Revenue Next 5YN/A
EBIT growth 1Y-77.94%
EBIT growth 3YN/A
EBIT growth 5Y-29.17%
EBIT Next Year421.21%
EBIT Next 3Y88.14%
EBIT Next 5YN/A
FCF growth 1Y490.58%
FCF growth 3Y115.44%
FCF growth 5YN/A
OCF growth 1Y-33.34%
OCF growth 3Y17.71%
OCF growth 5Y-11.14%