Ranger Oil Corporation (ROCC) Stock Fundamental Analysis
NASDAQ:ROCC - Nasdaq - US70788V1026 - Common Stock - Currency: USD
Taking everything into account, ROCC scores 5 out of 10 in our fundamental rating. ROCC was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While ROCC is still in line with the averages on profitability rating, there are concerns on its financial health. ROCC is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
ROCC had positive earnings in the past year.
In the past year ROCC had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ROCC reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: ROCC reported negative operating cash flow in multiple years.
1.2 Ratios
ROCC has a Return On Assets (13.40%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 52.59%, ROCC belongs to the top of the industry, outperforming 83.41% of the companies in the same industry.
With a decent Return On Invested Capital value of 27.30%, ROCC is doing good in the industry, outperforming 77.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.4% | ||
| ROE | 52.59% | ||
| ROIC | 27.3% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ROCC has a Profit Margin (24.39%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ROCC has remained more or less at the same level.
ROCC's Operating Margin of 54.67% is amongst the best of the industry. ROCC outperforms 82.06% of its industry peers.
In the last couple of years the Operating Margin of ROCC has grown nicely.
ROCC has a Gross Margin of 82.58%. This is amongst the best in the industry. ROCC outperforms 86.55% of its industry peers.
ROCC's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.67% | ||
| PM (TTM) | 24.39% | ||
| GM | 82.58% |
OM growth 3YN/A
OM growth 5Y12.22%
PM growth 3YN/A
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5Y2.5%
2. Health
2.1 Basic Checks
ROCC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ROCC has less shares outstanding
Compared to 1 year ago, ROCC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.98 indicates that ROCC is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.98, ROCC perfoms like the industry average, outperforming 53.36% of the companies in the same industry.
A Debt/Equity ratio of 1.18 is on the high side and indicates that ROCC has dependencies on debt financing.
ROCC's Debt to Equity ratio of 1.18 is on the low side compared to the rest of the industry. ROCC is outperformed by 73.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.98 |
ROIC/WACC2.95
WACC9.25%
2.3 Liquidity
ROCC has a Current Ratio of 0.71. This is a bad value and indicates that ROCC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ROCC (0.71) is worse than 75.78% of its industry peers.
ROCC has a Quick Ratio of 0.71. This is a bad value and indicates that ROCC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.65, ROCC is not doing good in the industry: 75.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.47% over the past year.
Measured over the past years, ROCC shows a very strong growth in Earnings Per Share. The EPS has been growing by 28.69% on average per year.
Looking at the last year, ROCC shows a very strong growth in Revenue. The Revenue has grown by 53.45%.
Measured over the past years, ROCC shows a very strong growth in Revenue. The Revenue has been growing by 48.22% on average per year.
EPS 1Y (TTM)48.47%
EPS 3Y4.65%
EPS 5Y28.69%
EPS Q2Q%-47.79%
Revenue 1Y (TTM)53.45%
Revenue growth 3YN/A
Revenue growth 5Y48.22%
Sales Q2Q%0.66%
3.2 Future
ROCC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.22% yearly.
Based on estimates for the next years, ROCC will show a quite strong growth in Revenue. The Revenue will grow by 11.79% on average per year.
EPS Next Y18.11%
EPS Next 2Y18.43%
EPS Next 3Y15.22%
EPS Next 5YN/A
Revenue Next Year5.46%
Revenue Next 2Y9.64%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.08, the valuation of ROCC can be described as very cheap.
Based on the Price/Earnings ratio, ROCC is valued a bit cheaper than 76.23% of the companies in the same industry.
ROCC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.48.
The Price/Forward Earnings ratio is 2.60, which indicates a rather cheap valuation of ROCC.
95.96% of the companies in the same industry are more expensive than ROCC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.52, ROCC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.08 | ||
| Fwd PE | 2.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ROCC is valued cheaper than 94.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.47 |
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.
ROCC has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ROCC's earnings are expected to grow with 15.22% in the coming years.
PEG (NY)0.23
PEG (5Y)0.14
EPS Next 2Y18.43%
EPS Next 3Y15.22%
5. Dividend
5.1 Amount
ROCC has a yearly dividend return of 0.80%, which is pretty low.
Compared to an average industry Dividend Yield of 6.41, ROCC is paying slightly less dividend.
With a Dividend Yield of 0.80, ROCC pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
5.2 History
ROCC is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y18.43%
EPS Next 3Y15.22%
37.47
-0.75 (-1.96%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change-98.78%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap712.30M
Analysts78.18
Price Target51.82 (38.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
Yearly Dividend0.07
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-36.6%
Min EPS beat(2)-54.98%
Max EPS beat(2)-18.22%
EPS beat(4)1
Avg EPS beat(4)-19.38%
Min EPS beat(4)-54.98%
Max EPS beat(4)1.53%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.01%
Min Revenue beat(2)-4.71%
Max Revenue beat(2)-1.3%
Revenue beat(4)2
Avg Revenue beat(4)9.54%
Min Revenue beat(4)-4.71%
Max Revenue beat(4)31.3%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.55%
PT rev (3m)-3.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-15.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.08 | ||
| Fwd PE | 2.6 | ||
| P/S | 0.62 | ||
| P/FCF | N/A | ||
| P/OCF | 1.01 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 1.47 |
EPS(TTM)9.19
EY24.53%
EPS(NY)14.41
Fwd EY38.44%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)36.92
OCFY98.53%
SpS60.33
BVpS27.98
TBVpS27.98
PEG (NY)0.23
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.4% | ||
| ROE | 52.59% | ||
| ROCE | N/A | ||
| ROIC | 27.3% | ||
| ROICexc | 27.49% | ||
| ROICexgc | 27.49% | ||
| OM | 54.67% | ||
| PM (TTM) | 24.39% | ||
| GM | 82.58% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 5Y30.35%
ROICexc growth 3YN/A
ROICexc growth 5Y30.35%
OM growth 3YN/A
OM growth 5Y12.22%
PM growth 3YN/A
PM growth 5Y-1.4%
GM growth 3YN/A
GM growth 5Y2.5%
F-Score8
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 257.94% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.98 |
F-Score8
WACC9.25%
ROIC/WACC2.95
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.47%
EPS 3Y4.65%
EPS 5Y28.69%
EPS Q2Q%-47.79%
EPS Next Y18.11%
EPS Next 2Y18.43%
EPS Next 3Y15.22%
EPS Next 5YN/A
Revenue 1Y (TTM)53.45%
Revenue growth 3YN/A
Revenue growth 5Y48.22%
Sales Q2Q%0.66%
Revenue Next Year5.46%
Revenue Next 2Y9.64%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
EBIT growth 1Y47.44%
EBIT growth 3YN/A
EBIT growth 5Y66.33%
EBIT Next Year25.3%
EBIT Next 3Y15.89%
EBIT Next 5YN/A
FCF growth 1Y72.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y133.69%
OCF growth 3YN/A
OCF growth 5Y52.57%