VISTRA CORP (VST) Stock Fundamental Analysis
NYSE:VST - New York Stock Exchange, Inc. - US92840M1027 - Common Stock - Currency: USD
Taking everything into account, VST scores 5 out of 10 in our fundamental rating. VST was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. VST has only an average score on both its financial health and profitability. VST has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VST was profitable.
VST had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: VST reported negative net income in multiple years.
VST had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of VST (6.53%) is better than 90.00% of its industry peers.
VST has a Return On Equity of 44.29%. This is amongst the best in the industry. VST outperforms 90.00% of its industry peers.
With an excellent Return On Invested Capital value of 10.56%, VST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.53% | ||
| ROE | 44.29% | ||
| ROIC | 10.56% |
ROA(3y)2.14%
ROA(5y)0.91%
ROE(3y)13.84%
ROE(5y)6.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 14.32%, VST belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Profit Margin of VST has grown nicely.
Looking at the Operating Margin, with a value of 23.69%, VST is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
VST's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.69% | ||
| PM (TTM) | 14.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y7.02%
PM growth 3YN/A
PM growth 5Y12.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VST is creating some value.
VST has less shares outstanding than it did 1 year ago.
VST has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VST is higher compared to a year ago.
2.2 Solvency
VST has an Altman-Z score of 1.66. This is a bad value and indicates that VST is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.66, VST is doing good in the industry, outperforming 80.00% of the companies in the same industry.
VST has a debt to FCF ratio of 14.77. This is a negative value and a sign of low solvency as VST would need 14.77 years to pay back of all of its debts.
VST has a Debt to FCF ratio of 14.77. This is amongst the best in the industry. VST outperforms 90.00% of its industry peers.
VST has a Debt/Equity ratio of 3.06. This is a high value indicating a heavy dependency on external financing.
VST has a Debt to Equity ratio (3.06) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.06 | ||
| Debt/FCF | 14.77 | ||
| Altman-Z | 1.66 |
ROIC/WACC1.37
WACC7.73%
2.3 Liquidity
A Current Ratio of 0.96 indicates that VST may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.96, VST is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Quick Ratio of 0.85 indicates that VST may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.85, VST is in line with its industry, outperforming 55.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 95.53% over the past year.
The Earnings Per Share has been growing by 30.49% on average over the past years. This is a very strong growth
The Revenue has grown by 16.55% in the past year. This is quite good.
Measured over the past years, VST shows a small growth in Revenue. The Revenue has been growing by 7.84% on average per year.
EPS 1Y (TTM)95.53%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%270.91%
Revenue 1Y (TTM)16.55%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%31.16%
3.2 Future
The Earnings Per Share is expected to grow by 5.39% on average over the next years.
The Revenue is expected to grow by 6.42% on average over the next years.
EPS Next Y-3.51%
EPS Next 2Y9.36%
EPS Next 3Y9.65%
EPS Next 5Y5.39%
Revenue Next Year21.25%
Revenue Next 2Y13.44%
Revenue Next 3Y9.78%
Revenue Next 5Y6.42%
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.
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
A Price/Earnings ratio of 19.61 indicates a rather expensive valuation of VST.
80.00% of the companies in the same industry are more expensive than VST, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.85. VST is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 20.33 indicates a rather expensive valuation of VST.
Based on the Price/Forward Earnings ratio, VST is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.77, VST is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.61 | ||
| Fwd PE | 20.33 |
4.2 Price Multiples
85.00% of the companies in the same industry are more expensive than VST, based on the Enterprise Value to EBITDA ratio.
90.00% of the companies in the same industry are more expensive than VST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.1 | ||
| EV/EBITDA | 9.44 |
4.3 Compensation for Growth
VST has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.64
EPS Next 2Y9.36%
EPS Next 3Y9.65%
5. Dividend
5.1 Amount
With a yearly dividend of 0.72%, VST is not a good candidate for dividend investing.
VST's Dividend Yield is a higher than the industry average which is at 8.30.
With a Dividend Yield of 0.72, VST pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
5.2 History
The dividend of VST is nicely growing with an annual growth rate of 22.79%!
VST has been paying a dividend for over 5 years, so it has already some track record.
VST has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)22.79%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
19.38% of the earnings are spent on dividend by VST. This is a low number and sustainable payout ratio.
VST's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP19.38%
EPS Next 2Y9.36%
EPS Next 3Y9.65%
137.3
+7.67 (+5.92%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners86.47%
Inst Owner Change0.02%
Ins Owners0.43%
Ins Owner Change0.41%
Market Cap46.70B
Analysts84
Price Target172.92 (25.94%)
Short Float %1.86%
Short Ratio0.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
Yearly Dividend1.38
Dividend Growth(5Y)22.79%
DP19.38%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)150.24%
Min EPS beat(2)-45.99%
Max EPS beat(2)346.48%
EPS beat(4)1
Avg EPS beat(4)32.81%
Min EPS beat(4)-133.82%
Max EPS beat(4)346.48%
EPS beat(8)3
Avg EPS beat(8)756.53%
EPS beat(12)3
Avg EPS beat(12)383.14%
EPS beat(16)3
Avg EPS beat(16)270.34%
Revenue beat(2)2
Avg Revenue beat(2)14.83%
Min Revenue beat(2)5.46%
Max Revenue beat(2)24.2%
Revenue beat(4)3
Avg Revenue beat(4)8.63%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)24.2%
Revenue beat(8)4
Avg Revenue beat(8)10.91%
Revenue beat(12)4
Avg Revenue beat(12)-4.16%
Revenue beat(16)5
Avg Revenue beat(16)-5.76%
PT rev (1m)-6.29%
PT rev (3m)3.76%
EPS NQ rev (1m)-2.68%
EPS NQ rev (3m)-6.83%
EPS NY rev (1m)-3.62%
EPS NY rev (3m)-7.69%
Revenue NQ rev (1m)6.15%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)5.15%
Revenue NY rev (3m)4.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.61 | ||
| Fwd PE | 20.33 | ||
| P/S | 2.71 | ||
| P/FCF | 37.1 | ||
| P/OCF | 10.24 | ||
| P/B | 8.38 | ||
| P/tB | 84.92 | ||
| EV/EBITDA | 9.44 |
EPS(TTM)7
EY5.1%
EPS(NY)6.75
Fwd EY4.92%
FCF(TTM)3.7
FCFY2.7%
OCF(TTM)13.41
OCFY9.77%
SpS50.63
BVpS16.37
TBVpS1.62
PEG (NY)N/A
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.53% | ||
| ROE | 44.29% | ||
| ROCE | 13.91% | ||
| ROIC | 10.56% | ||
| ROICexc | 10.99% | ||
| ROICexgc | 13.3% | ||
| OM | 23.69% | ||
| PM (TTM) | 14.32% | ||
| GM | N/A | ||
| FCFM | 7.31% |
ROA(3y)2.14%
ROA(5y)0.91%
ROE(3y)13.84%
ROE(5y)6.7%
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 5Y8.13%
ROICexc growth 3YN/A
ROICexc growth 5Y9.82%
OM growth 3YN/A
OM growth 5Y7.02%
PM growth 3YN/A
PM growth 5Y12.76%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.06 | ||
| Debt/FCF | 14.77 | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 125.58% | ||
| Cap/Sales | 19.18% | ||
| Interest Coverage | 4.13 | ||
| Cash Conversion | 67.98% | ||
| Profit Quality | 51.03% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 1.66 |
F-Score7
WACC7.73%
ROIC/WACC1.37
Cap/Depr(3y)131.08%
Cap/Depr(5y)111.84%
Cap/Sales(3y)18.91%
Cap/Sales(5y)17.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)95.53%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%270.91%
EPS Next Y-3.51%
EPS Next 2Y9.36%
EPS Next 3Y9.65%
EPS Next 5Y5.39%
Revenue 1Y (TTM)16.55%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%31.16%
Revenue Next Year21.25%
Revenue Next 2Y13.44%
Revenue Next 3Y9.78%
Revenue Next 5Y6.42%
EBIT growth 1Y50.87%
EBIT growth 3YN/A
EBIT growth 5Y15.41%
EBIT Next Year65.06%
EBIT Next 3Y24.63%
EBIT Next 5Y19.01%
FCF growth 1Y-53.47%
FCF growth 3YN/A
FCF growth 5Y-5.84%
OCF growth 1Y-16.32%
OCF growth 3YN/A
OCF growth 5Y10.77%