Ranger Oil Corporation (ROCC) Stock Fundamental Analysis
USA - NASDAQ:ROCC - US70788V1026 - Common Stock
37.47 USD
-0.75 (-1.96%)
37.72 USD
+0.25 (+0.67%)
We assign a fundamental rating of 5 out of 10 to ROCC. 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 has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
In the past year ROCC was profitable.
ROCC had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ROCC reported negative net income in multiple years.
In multiple years ROCC reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of 13.40%, ROCC perfoms like the industry average, outperforming 57.40% of the companies in the same 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.
ROCC has a better Return On Invested Capital (27.30%) than 77.58% of its industry peers.
| 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
With a Profit Margin value of 24.39%, ROCC perfoms like the industry average, outperforming 55.61% of the companies in the same industry.
In the last couple of years the Profit Margin of ROCC has remained more or less at the same level.
With an excellent Operating Margin value of 54.67%, ROCC belongs to the best of the industry, outperforming 82.06% of the companies in the same industry.
In the last couple of years the Operating Margin of ROCC has grown nicely.
Looking at the Gross Margin, with a value of 82.58%, ROCC belongs to the top of the industry, outperforming 86.55% of the companies in the same industry.
In the last couple of years the Gross Margin of ROCC has grown nicely.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ROCC is creating value.
The number of shares outstanding for ROCC has been reduced compared to 1 year ago.
Compared to 1 year ago, ROCC has an improved debt to assets ratio.
2.2 Solvency
ROCC has an Altman-Z score of 1.98. This is not the best score and indicates that ROCC is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ROCC (1.98) is comparable to the rest of the industry.
ROCC has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
ROCC has a Debt to Equity ratio of 1.18. This is in the lower half of the industry: ROCC underperforms 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.
ROCC has a Current ratio of 0.71. This is in the lower half of the industry: ROCC underperforms 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.
ROCC's Quick ratio of 0.65 is on the low side compared to the rest of the industry. ROCC is outperformed by 75.78% of its industry peers.
| 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.
The Revenue has grown by 53.45% in the past year. This is a very strong growth!
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
Based on estimates for the next years, ROCC will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.22% on average per year.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 4.08 indicates a rather cheap valuation of ROCC.
76.23% of the companies in the same industry are more expensive than ROCC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.41. ROCC is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 2.60, the valuation of ROCC can be described as very cheap.
Based on the Price/Forward Earnings ratio, ROCC is valued cheaper than 95.96% of the companies in the same industry.
ROCC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.08 | ||
| Fwd PE | 2.6 |
4.2 Price Multiples
94.17% of the companies in the same industry are more expensive than ROCC, based on the Enterprise Value to EBITDA ratio.
| 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.
ROCC's Dividend Yield is slightly below the industry average, which is at 6.00.
With a Dividend Yield of 0.80, ROCC pays less dividend than the S&P500 average, which is at 2.38.
| 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%