RANGER ENERGY SERVICES INC (RNGR)
US75282U1043 - Common Stock
We assign a fundamental rating of 5 out of 10 to RNGR. RNGR was compared to 65 industry peers in the Energy Equipment & Services industry. While RNGR has a great health rating, its profitability is only average at the moment. RNGR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RNGR was profitable.
In the past year RNGR had a positive cash flow from operations.
RNGR had positive earnings in 4 of the past 5 years.
RNGR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
RNGR has a better Return On Assets (6.30%) than 67.69% of its industry peers.
RNGR has a Return On Equity (8.76%) which is comparable to the rest of the industry.
The Return On Invested Capital of RNGR (9.83%) is better than 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.3% | ||
| ROE | 8.76% | ||
| ROIC | 9.83% |
ROA(3y)4.15%
ROA(5y)1.75%
ROE(3y)5.96%
ROE(5y)1.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of RNGR (3.74%) is comparable to the rest of the industry.
Looking at the Operating Margin, with a value of 5.58%, RNGR is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of RNGR has grown nicely.
The Gross Margin of RNGR (16.48%) is worse than 76.92% of its industry peers.
In the last couple of years the Gross Margin of RNGR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.58% | ||
| PM (TTM) | 3.74% | ||
| GM | 16.48% |
OM growth 3YN/A
OM growth 5Y19.62%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.12%
GM growth 5Y-5.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RNGR is still creating some value.
Compared to 1 year ago, RNGR has less shares outstanding
Compared to 5 years ago, RNGR has more shares outstanding
The debt/assets ratio for RNGR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.68 indicates that RNGR is not in any danger for bankruptcy at the moment.
The Altman-Z score of RNGR (3.68) is better than 86.15% of its industry peers.
RNGR has a debt to FCF ratio of 0.44. This is a very positive value and a sign of high solvency as it would only need 0.44 years to pay back of all of its debts.
RNGR's Debt to FCF ratio of 0.44 is amongst the best of the industry. RNGR outperforms 90.77% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that RNGR is not too dependend on debt financing.
RNGR has a better Debt to Equity ratio (0.07) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.44 | ||
| Altman-Z | 3.68 |
ROIC/WACC1.14
WACC8.59%
2.3 Liquidity
A Current Ratio of 1.96 indicates that RNGR should not have too much problems paying its short term obligations.
RNGR's Current ratio of 1.96 is in line compared to the rest of the industry. RNGR outperforms 53.85% of its industry peers.
A Quick Ratio of 1.87 indicates that RNGR should not have too much problems paying its short term obligations.
RNGR's Quick ratio of 1.87 is fine compared to the rest of the industry. RNGR outperforms 75.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 88.24% over the past year.
The Earnings Per Share has been decreasing by -0.81% on average over the past years.
Looking at the last year, RNGR shows a small growth in Revenue. The Revenue has grown by 4.62% in the last year.
Measured over the past years, RNGR shows a quite strong growth in Revenue. The Revenue has been growing by 16.00% on average per year.
EPS 1Y (TTM)88.24%
EPS 3YN/A
EPS 5Y-0.81%
EPS growth Q2Q-70%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y50.22%
Revenue growth 5Y16%
Revenue growth Q2Q-1.81%
3.2 Future
RNGR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.95% yearly.
The Revenue is expected to grow by 2.97% on average over the next years.
EPS Next Y-4.91%
EPS Next 2Y14.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.57%
Revenue Next 2Y2.97%
Revenue Next 3YN/A
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.68 indicates a reasonable valuation of RNGR.
Compared to the rest of the industry, the Price/Earnings ratio of RNGR indicates a rather cheap valuation: RNGR is cheaper than 81.54% of the companies listed in the same industry.
RNGR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.84.
With a Price/Forward Earnings ratio of 11.23, the valuation of RNGR can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RNGR indicates a somewhat cheap valuation: RNGR is cheaper than 70.77% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.35. RNGR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.68 | ||
| Fwd PE | 11.23 |
4.2 Price Multiples
RNGR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. RNGR is cheaper than 90.77% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RNGR is valued cheaply inside the industry as 95.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.45 | ||
| EV/EBITDA | 3.32 |
4.3 Compensation for Growth
RNGR's earnings are expected to grow with 14.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.95%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.95%, RNGR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.27, RNGR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, RNGR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
5.2 History
RNGR does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
10.08% of the earnings are spent on dividend by RNGR. This is a low number and sustainable payout ratio.
DP10.08%
EPS Next 2Y14.95%
EPS Next 3YN/A
RANGER ENERGY SERVICES INC
NYSE:RNGR (4/26/2024, 7:13:55 PM)
After market: 10.25 0 (0%)10.25
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap241.90M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(12)
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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)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.68 | ||
| Fwd PE | 11.23 | ||
| 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 | 6.3% | ||
| ROE | 8.76% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.58% | ||
| PM (TTM) | 3.74% | ||
| GM | 16.48% | ||
| 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 Turnover1.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.87 | ||
| 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)88.24%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-4.91%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.62%
Revenue growth 3Y50.22%
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