VIPER ENERGY INC-CL A (VNOM) Stock Fundamental Analysis
USA - NASDAQ:VNOM - US64361Q1013 - Common Stock
37.4 USD
-0.56 (-1.48%)
37.42 USD
+0.02 (+0.05%)
Taking everything into account, VNOM scores 5 out of 10 in our fundamental rating. VNOM was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While VNOM has a great profitability rating, there are some minor concerns on its financial health. VNOM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VNOM was profitable.
In the past year VNOM had a positive cash flow from operations.
Of the past 5 years VNOM 4 years were profitable.
VNOM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
VNOM has a Return On Assets (3.79%) which is in line with its industry peers.
With a decent Return On Equity value of 10.84%, VNOM is doing good in the industry, outperforming 63.81% of the companies in the same industry.
VNOM has a Return On Invested Capital of 4.71%. This is comparable to the rest of the industry: VNOM outperforms 41.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VNOM is significantly below the industry average of 21.66%.
The last Return On Invested Capital (4.71%) for VNOM is well below the 3 year average (13.30%), which needs to be investigated, but indicates that VNOM had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 10.84% | ||
| ROIC | 4.71% |
ROA(3y)5.77%
ROA(5y)2.28%
ROE(3y)20.97%
ROE(5y)7.95%
ROIC(3y)13.3%
ROIC(5y)10.68%
1.3 Margins
With an excellent Profit Margin value of 37.80%, VNOM belongs to the best of the industry, outperforming 90.95% of the companies in the same industry.
In the last couple of years the Profit Margin of VNOM has grown nicely.
Looking at the Operating Margin, with a value of 59.06%, VNOM belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
In the last couple of years the Operating Margin of VNOM has remained more or less at the same level.
VNOM has a better Gross Margin (92.93%) than 97.14% of its industry peers.
In the last couple of years the Gross Margin of VNOM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.06% | ||
| PM (TTM) | 37.8% | ||
| GM | 92.93% |
OM growth 3Y-2.77%
OM growth 5Y0.3%
PM growth 3Y53.76%
PM growth 5Y21.85%
GM growth 3Y-0.23%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
VNOM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for VNOM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
VNOM has an Altman-Z score of 1.52. This is a bad value and indicates that VNOM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.52, VNOM perfoms like the industry average, outperforming 55.71% of the companies in the same industry.
VNOM has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, VNOM is in the better half of the industry, outperforming 60.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.52 |
ROIC/WACC0.55
WACC8.51%
2.3 Liquidity
A Current Ratio of 6.15 indicates that VNOM has no problem at all paying its short term obligations.
VNOM's Current ratio of 6.15 is amongst the best of the industry. VNOM outperforms 92.86% of its industry peers.
VNOM has a Quick Ratio of 6.15. This indicates that VNOM is financially healthy and has no problem in meeting its short term obligations.
VNOM has a better Quick ratio (6.15) than 93.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.15 | ||
| Quick Ratio | 6.15 |
3. Growth
3.1 Past
The earnings per share for VNOM have decreased strongly by -36.21% in the last year.
Measured over the past years, VNOM shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.17% on average per year.
VNOM shows a small growth in Revenue. In the last year, the Revenue has grown by 6.55%.
The Revenue has been growing by 23.60% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-36.21%
EPS 3Y51.83%
EPS 5Y20.17%
EPS Q2Q%-32.79%
Revenue 1Y (TTM)6.55%
Revenue growth 3Y19.44%
Revenue growth 5Y23.6%
Sales Q2Q%37.05%
3.2 Future
The Earnings Per Share is expected to grow by 1.25% on average over the next years.
The Revenue is expected to grow by 23.42% on average over the next years. This is a very strong growth
EPS Next Y-10.8%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue Next Year60.89%
Revenue Next 2Y49.73%
Revenue Next 3Y35.84%
Revenue Next 5Y23.42%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
VNOM is valuated rather expensively with a Price/Earnings ratio of 20.22.
The rest of the industry has a similar Price/Earnings ratio as VNOM.
VNOM is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 20.28, the valuation of VNOM can be described as rather expensive.
VNOM's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.86. VNOM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.22 | ||
| Fwd PE | 20.28 |
4.2 Price Multiples
VNOM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. VNOM is more expensive than 64.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.13 |
4.3 Compensation for Growth
VNOM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.48%, VNOM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.18, VNOM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, VNOM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
5.2 History
On average, the dividend of VNOM grows each year by 8.80%, which is quite nice.
VNOM has paid a dividend for at least 10 years, which is a reliable track record.
VNOM has decreased its dividend recently.
Dividend Growth(5Y)8.8%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VNOM pays out 155.68% of its income as dividend. This is not a sustainable payout ratio.
VNOM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP155.68%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
37.4
-0.56 (-1.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change5.92%
Ins OwnersN/A
Ins Owner Change0.21%
Market Cap12.20B
Analysts83.81
Price Target54.44 (45.56%)
Short Float %5.63%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
Yearly Dividend2.59
Dividend Growth(5Y)8.8%
DP155.68%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.28%
Min EPS beat(2)12.62%
Max EPS beat(2)21.94%
EPS beat(4)3
Avg EPS beat(4)6.58%
Min EPS beat(4)-9.78%
Max EPS beat(4)21.94%
EPS beat(8)7
Avg EPS beat(8)20.74%
EPS beat(12)10
Avg EPS beat(12)21.77%
EPS beat(16)12
Avg EPS beat(16)19.25%
Revenue beat(2)2
Avg Revenue beat(2)1.32%
Min Revenue beat(2)0.6%
Max Revenue beat(2)2.03%
Revenue beat(4)3
Avg Revenue beat(4)0.3%
Min Revenue beat(4)-2.13%
Max Revenue beat(4)2.03%
Revenue beat(8)5
Avg Revenue beat(8)6.75%
Revenue beat(12)7
Avg Revenue beat(12)5.09%
Revenue beat(16)11
Avg Revenue beat(16)8.78%
PT rev (1m)-1.52%
PT rev (3m)0.08%
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)3.37%
EPS NY rev (1m)7.77%
EPS NY rev (3m)15.51%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)12.65%
Revenue NY rev (1m)3.93%
Revenue NY rev (3m)14.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.22 | ||
| Fwd PE | 20.28 | ||
| P/S | 12.45 | ||
| P/FCF | N/A | ||
| P/OCF | 16.62 | ||
| P/B | 3.57 | ||
| P/tB | 3.57 | ||
| EV/EBITDA | 15.13 |
EPS(TTM)1.85
EY4.95%
EPS(NY)1.84
Fwd EY4.93%
FCF(TTM)-0.74
FCFYN/A
OCF(TTM)2.25
OCFY6.02%
SpS3.01
BVpS10.48
TBVpS10.48
PEG (NY)N/A
PEG (5Y)1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 10.84% | ||
| ROCE | 5.96% | ||
| ROIC | 4.71% | ||
| ROICexc | 4.72% | ||
| ROICexgc | 4.72% | ||
| OM | 59.06% | ||
| PM (TTM) | 37.8% | ||
| GM | 92.93% | ||
| FCFM | N/A |
ROA(3y)5.77%
ROA(5y)2.28%
ROE(3y)20.97%
ROE(5y)7.95%
ROIC(3y)13.3%
ROIC(5y)10.68%
ROICexc(3y)13.38%
ROICexc(5y)10.76%
ROICexgc(3y)13.38%
ROICexgc(5y)10.76%
ROCE(3y)16.83%
ROCE(5y)13.51%
ROICexcg growth 3Y-2.33%
ROICexcg growth 5Y10.17%
ROICexc growth 3Y-2.33%
ROICexc growth 5Y10.17%
OM growth 3Y-2.77%
OM growth 5Y0.3%
PM growth 3Y53.76%
PM growth 5Y21.85%
GM growth 3Y-0.23%
GM growth 5Y-0.14%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 8.27 | ||
| Cash Conversion | 82.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.15 | ||
| Quick Ratio | 6.15 | ||
| Altman-Z | 1.52 |
F-Score4
WACC8.51%
ROIC/WACC0.55
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)-36.21%
EPS 3Y51.83%
EPS 5Y20.17%
EPS Q2Q%-32.79%
EPS Next Y-10.8%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue 1Y (TTM)6.55%
Revenue growth 3Y19.44%
Revenue growth 5Y23.6%
Sales Q2Q%37.05%
Revenue Next Year60.89%
Revenue Next 2Y49.73%
Revenue Next 3Y35.84%
Revenue Next 5Y23.42%
EBIT growth 1Y-14.02%
EBIT growth 3Y16.14%
EBIT growth 5Y23.96%
EBIT Next Year108.44%
EBIT Next 3Y48.42%
EBIT Next 5Y30.56%
FCF growth 1Y-136.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.3%
OCF growth 3Y26.36%
OCF growth 5Y21.22%