RPC INC (RES)
US7496601060 - Common Stock
Taking everything into account, RES scores 7 out of 10 in our fundamental rating. RES was compared to 66 industry peers in the Energy Equipment & Services industry. RES scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on RES. These ratings could make RES a good candidate for value investing.
1. Profitability
1.1 Basic Checks
RES had positive earnings in the past year.
In the past year RES had a positive cash flow from operations.
In multiple years RES reported negative net income over the last 5 years.
Each year in the past 5 years RES had a positive operating cash flow.
1.2 Ratios
The Return On Assets of RES (23.59%) is better than 100.00% of its industry peers.
RES's Return On Equity of 29.34% is amongst the best of the industry. RES outperforms 92.31% of its industry peers.
With an excellent Return On Invested Capital value of 21.25%, RES belongs to the best of the industry, outperforming 95.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.59% | ||
| ROE | 29.34% | ||
| ROIC | 21.25% |
ROA(3y)-2.32%
ROA(5y)-0.15%
ROE(3y)-2.46%
ROE(5y)0.08%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 15.79%, RES belongs to the best of the industry, outperforming 93.85% of the companies in the same industry.
In the last couple of years the Profit Margin of RES has grown nicely.
The Operating Margin of RES (21.19%) is better than 87.69% of its industry peers.
RES's Operating Margin has improved in the last couple of years.
RES's Gross Margin of 35.15% is fine compared to the rest of the industry. RES outperforms 64.62% of its industry peers.
RES's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.19% | ||
| PM (TTM) | 15.79% | ||
| GM | 35.15% |
OM growth 3YN/A
OM growth 5Y4.85%
PM growth 3YN/A
PM growth 5Y5.96%
GM growth 3Y8.99%
GM growth 5Y-1.24%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), RES is creating value.
Compared to 1 year ago, RES has more shares outstanding
Compared to 5 years ago, RES has about the same amount of shares outstanding.
RES has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 8.14 indicates that RES is not in any danger for bankruptcy at the moment.
The Altman-Z score of RES (8.14) is better than 96.92% of its industry peers.
RES has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8.14 |
ROIC/WACC2.37
WACC8.96%
2.3 Liquidity
RES has a Current Ratio of 5.46. This indicates that RES is financially healthy and has no problem in meeting its short term obligations.
RES's Current ratio of 5.46 is amongst the best of the industry. RES outperforms 95.38% of its industry peers.
RES has a Quick Ratio of 4.70. This indicates that RES is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of RES (4.70) is better than 95.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.46 | ||
| Quick Ratio | 4.7 |
3. Growth
3.1 Past
RES shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 264.86%, which is quite impressive.
The Earnings Per Share has been growing by 8.88% on average over the past years. This is quite good.
Looking at the last year, RES shows a very strong growth in Revenue. The Revenue has grown by 58.98%.
The Revenue has been growing slightly by 0.08% on average over the past years.
EPS 1Y (TTM)264.86%
EPS 3YN/A
EPS 5Y8.88%
EPS growth Q2Q36.36%
Revenue 1Y (TTM)58.98%
Revenue growth 3Y9.43%
Revenue growth 5Y0.08%
Revenue growth Q2Q10.75%
3.2 Future
Based on estimates for the next years, RES will show a decrease in Earnings Per Share. The EPS will decrease by -1.39% on average per year.
The Revenue is expected to decrease by -0.57% on average over the next years.
EPS Next Y14.36%
EPS Next 2Y12.65%
EPS Next 3Y-1.39%
EPS Next 5YN/A
Revenue Next Year4.57%
Revenue Next 2Y5.78%
Revenue Next 3Y-0.57%
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 5.40, the valuation of RES can be described as very cheap.
RES's Price/Earnings ratio is rather cheap when compared to the industry. RES is cheaper than 96.92% of the companies in the same industry.
RES's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.05.
RES is valuated cheaply with a Price/Forward Earnings ratio of 5.69.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RES indicates a rather cheap valuation: RES is cheaper than 83.08% of the companies listed in the same industry.
RES is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.4 | ||
| Fwd PE | 5.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RES indicates a rather cheap valuation: RES is cheaper than 89.23% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RES is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.06 | ||
| EV/EBITDA | 3.04 |
4.3 Compensation for Growth
RES's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RES has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.38
PEG (5Y)0.61
EPS Next 2Y12.65%
EPS Next 3Y-1.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.19%, RES has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.77, RES pays a better dividend. On top of this RES pays more dividend than 81.54% of the companies listed in the same industry.
RES's Dividend Yield is comparable with the S&P500 average which is at 2.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
The dividend of RES decreases each year by -4.44%.
RES has been paying a dividend for at least 10 years, so it has a reliable track record.
RES has decreased its dividend recently.
Dividend Growth(5Y)-4.44%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RES pays out 8.96% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of RES has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP8.96%
EPS Next 2Y12.65%
EPS Next 3Y-1.39%
RPC INC
NYSE:RES (12/1/2023, 7:19:36 PM)
After market: 7.29 0 (0%)7.29
+0.04 (+0.55%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-25 2023-10-25/bmo
Earnings (Next)01-23 2024-01-23/bmo
Inst Owners38.42%
Inst Owner Change4.65%
Ins Owners56.59%
Ins Owner Change-0.14%
Market Cap1.58B
Analysts48.33
Price Target9.38 (28.67%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
Dividend Growth(5Y)-4.44%
DP8.96%
Div Incr Years1
Div Non Decr Years1
Ex-Date11-09 2023-11-09 (0.04)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.38%
Min EPS beat(2)-17.89%
Max EPS beat(2)-10.87%
EPS beat(4)2
Avg EPS beat(4)13.53%
Min EPS beat(4)-17.89%
Max EPS beat(4)45.47%
Revenue beat(2)0
Avg Revenue beat(2)-9.88%
Min Revenue beat(2)-16.36%
Max Revenue beat(2)-3.4%
Revenue beat(4)2
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-16.36%
Max Revenue beat(4)14.59%
PT rev (1m)0%
PT rev (3m)-6.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.4 | ||
| Fwd PE | 5.69 | ||
| P/S | 0.86 | ||
| P/FCF | 11.06 | ||
| P/OCF | 4.69 | ||
| P/B | 1.6 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 3.04 |
EPS(TTM)1.35
EY18.52%
EPS(NY)1.28
Fwd EY17.58%
FCF(TTM)0.66
FCFY9.04%
OCF(TTM)1.55
OCFY21.31%
SpS8.48
BVpS4.57
TBVpS4.42
PEG (NY)0.38
PEG (5Y)0.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.59% | ||
| ROE | 29.34% | ||
| ROCE | 35.63% | ||
| ROIC | 21.25% | ||
| ROICexc | 23.4% | ||
| ROICexgc | 24.19% | ||
| OM | 21.19% | ||
| PM (TTM) | 15.79% | ||
| GM | 35.15% | ||
| FCFM | 7.77% |
ROA(3y)-2.32%
ROA(5y)-0.15%
ROE(3y)-2.46%
ROE(5y)0.08%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y7.14%
ROICexc growth 3YN/A
ROICexc growth 5Y7.05%
OM growth 3YN/A
OM growth 5Y4.85%
PM growth 3YN/A
PM growth 5Y5.96%
GM growth 3Y8.99%
GM growth 5Y-1.24%
F-Score9
Asset Turnover1.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 205% | ||
| Cap/Sales | 10.55% | ||
| Interest Coverage | 2990.15 | ||
| Cash Conversion | 69.55% | ||
| Profit Quality | 49.2% | ||
| Current Ratio | 5.46 | ||
| Quick Ratio | 4.7 | ||
| Altman-Z | 8.14 |
F-Score9
WACC8.96%
ROIC/WACC2.37
Cap/Depr(3y)109.47%
Cap/Depr(5y)123.81%
Cap/Sales(3y)9.14%
Cap/Sales(5y)12.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
Growth
EPS 1Y (TTM)264.86%
EPS 3YN/A
EPS 5Y8.88%
EPS growth Q2Q36.36%
EPS Next Y14.36%
EPS Next 2Y12.65%
EPS Next 3Y-1.39%
EPS Next 5YN/A
Revenue 1Y (TTM)58.98%
Revenue growth 3Y9.43%
Revenue growth 5Y0.08%
Revenue growth Q2Q10.75%
Revenue Next Year4.57%
Revenue Next 2Y5.78%
Revenue Next 3Y-0.57%
Revenue Next 5YN/A
EBIT growth 1Y287.1%
EBIT growth 3YN/A
EBIT growth 5Y4.93%
EBIT Next Year64.82%
EBIT Next 3Y15.13%
EBIT Next 5YN/A
FCF growth 1Y443.37%
FCF growth 3YN/A
FCF growth 5Y30.68%
OCF growth 1Y3020.85%
OCF growth 3Y-1.26%
OCF growth 5Y8.53%