VISTRA CORP (VST) Stock Fundamental Analysis
USA - NYSE:VST - US92840M1027 - Common Stock
209.55 USD
+12.69 (+6.45%)
208.248 USD
-1.3 (-0.62%)
Overall VST gets a fundamental rating of 5 out of 10. We evaluated VST against 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 is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year VST was profitable.
In the past year VST had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 5.76%, VST belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
VST has a Return On Equity of 45.53%. This is amongst the best in the industry. VST outperforms 100.00% of its industry peers.
VST's Return On Invested Capital of 9.26% is amongst the best of the industry. VST outperforms 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | 45.53% | ||
| ROIC | 9.26% |
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
VST has a better Profit Margin (11.87%) than 75.00% of its industry peers.
In the last couple of years the Profit Margin of VST has grown nicely.
With a decent Operating Margin value of 19.72%, VST is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of VST has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.72% | ||
| PM (TTM) | 11.87% | ||
| 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
VST has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, VST has less shares outstanding
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
An Altman-Z score of 1.95 indicates that VST is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of VST (1.95) is better than 80.00% of its industry peers.
The Debt to FCF ratio of VST is 48.90, which is on the high side as it means it would take VST, 48.90 years of fcf income to pay off all of its debts.
VST's Debt to FCF ratio of 48.90 is fine compared to the rest of the industry. VST outperforms 75.00% of its industry peers.
VST has a Debt/Equity ratio of 3.81. This is a high value indicating a heavy dependency on external financing.
VST has a Debt to Equity ratio (3.81) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.81 | ||
| Debt/FCF | 48.9 | ||
| Altman-Z | 1.95 |
ROIC/WACC1.17
WACC7.92%
2.3 Liquidity
VST has a Current Ratio of 0.90. This is a bad value and indicates that VST is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of VST (0.90) is comparable to the rest of the industry.
A Quick Ratio of 0.80 indicates that VST may have some problems paying its short term obligations.
VST's Quick ratio of 0.80 is in line compared to the rest of the industry. VST outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
VST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 350.00%, which is quite impressive.
Measured over the past years, VST shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.49% on average per year.
The Revenue has grown by 31.61% in the past year. This is a very strong growth!
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)350%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%-21.11%
Revenue 1Y (TTM)31.61%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%10.53%
3.2 Future
Based on estimates for the next years, VST will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.37% on average per year.
VST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.49% yearly.
EPS Next Y-7.46%
EPS Next 2Y12.34%
EPS Next 3Y12.85%
EPS Next 5Y16.37%
Revenue Next Year20.02%
Revenue Next 2Y15.28%
Revenue Next 3Y13.28%
Revenue Next 5Y8.49%
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.
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 34.24 indicates a quite expensive valuation of VST.
Compared to the rest of the industry, the Price/Earnings ratio of VST indicates a rather cheap valuation: VST is cheaper than 85.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.35. VST is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 23.72, the valuation of VST can be described as rather expensive.
Based on the Price/Forward Earnings ratio, VST is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, VST is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.24 | ||
| Fwd PE | 23.72 |
4.2 Price Multiples
VST's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, VST is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 180.2 | ||
| EV/EBITDA | 12.58 |
4.3 Compensation for Growth
The decent profitability rating of VST may justify a higher PE ratio.
VST's earnings are expected to grow with 12.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.12
EPS Next 2Y12.34%
EPS Next 3Y12.85%
5. Dividend
5.1 Amount
VST has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 4.39, VST has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, VST's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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.
As VST did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)22.79%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
22.81% 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.
DP22.81%
EPS Next 2Y12.34%
EPS Next 3Y12.85%
209.55
+12.69 (+6.45%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners93.08%
Inst Owner Change-0.12%
Ins Owners0.48%
Ins Owner Change-0.17%
Market Cap71.00B
Analysts82.5
Price Target220.58 (5.26%)
Short Float %2.16%
Short Ratio1.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend1.38
Dividend Growth(5Y)22.79%
DP22.81%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-142.51%
Min EPS beat(2)-242.54%
Max EPS beat(2)-42.47%
EPS beat(4)1
Avg EPS beat(4)3.87%
Min EPS beat(4)-242.54%
Max EPS beat(4)346.48%
EPS beat(8)1
Avg EPS beat(8)-203.88%
EPS beat(12)3
Avg EPS beat(12)470.52%
EPS beat(16)3
Avg EPS beat(16)262.9%
Revenue beat(2)0
Avg Revenue beat(2)-8.47%
Min Revenue beat(2)-12.57%
Max Revenue beat(2)-4.38%
Revenue beat(4)2
Avg Revenue beat(4)3.18%
Min Revenue beat(4)-12.57%
Max Revenue beat(4)24.2%
Revenue beat(8)3
Avg Revenue beat(8)-1.88%
Revenue beat(12)4
Avg Revenue beat(12)-0.2%
Revenue beat(16)4
Avg Revenue beat(16)-9.57%
PT rev (1m)4.06%
PT rev (3m)21.22%
EPS NQ rev (1m)-5.8%
EPS NQ rev (3m)-9.8%
EPS NY rev (1m)-1.26%
EPS NY rev (3m)0.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.12%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.24 | ||
| Fwd PE | 23.72 | ||
| P/S | 3.84 | ||
| P/FCF | 180.2 | ||
| P/OCF | 16.8 | ||
| P/B | 14.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.58 |
EPS(TTM)6.12
EY2.92%
EPS(NY)8.83
Fwd EY4.22%
FCF(TTM)1.16
FCFY0.55%
OCF(TTM)12.47
OCFY5.95%
SpS54.62
BVpS14.23
TBVpS-0.71
PEG (NY)N/A
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | 45.53% | ||
| ROCE | 12.71% | ||
| ROIC | 9.26% | ||
| ROICexc | 9.4% | ||
| ROICexgc | 11.29% | ||
| OM | 19.72% | ||
| PM (TTM) | 11.87% | ||
| GM | N/A | ||
| FCFM | 2.13% |
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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.81 | ||
| Debt/FCF | 48.9 | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 128.25% | ||
| Cap/Sales | 20.7% | ||
| Interest Coverage | 3.4 | ||
| Cash Conversion | 63.66% | ||
| Profit Quality | 17.94% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.95 |
F-Score7
WACC7.92%
ROIC/WACC1.17
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)350%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%-21.11%
EPS Next Y-7.46%
EPS Next 2Y12.34%
EPS Next 3Y12.85%
EPS Next 5Y16.37%
Revenue 1Y (TTM)31.61%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%10.53%
Revenue Next Year20.02%
Revenue Next 2Y15.28%
Revenue Next 3Y13.28%
Revenue Next 5Y8.49%
EBIT growth 1Y99.45%
EBIT growth 3YN/A
EBIT growth 5Y15.41%
EBIT Next Year65.12%
EBIT Next 3Y27.55%
EBIT Next 5Y19.69%
FCF growth 1Y-71.26%
FCF growth 3YN/A
FCF growth 5Y-5.84%
OCF growth 1Y0.14%
OCF growth 3YN/A
OCF growth 5Y10.77%