BRISTOW GROUP INC (VTOL) Stock Fundamental Analysis
NYSE:VTOL - New York Stock Exchange, Inc. - US11040G1031 - Common Stock - Currency: USD
Taking everything into account, VTOL scores 4 out of 10 in our fundamental rating. VTOL was compared to 62 industry peers in the Energy Equipment & Services industry. VTOL has a medium profitability rating, but doesn't score so well on its financial health evaluation. VTOL is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
VTOL had positive earnings in the past year.
In the past year VTOL had a positive cash flow from operations.
In multiple years VTOL reported negative net income over the last 5 years.
VTOL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VTOL has a Return On Assets (5.32%) which is comparable to the rest of the industry.
The Return On Equity of VTOL (12.40%) is better than 67.74% of its industry peers.
VTOL's Return On Invested Capital of 6.08% is in line compared to the rest of the industry. VTOL outperforms 43.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VTOL is significantly below the industry average of 8.42%.
The last Return On Invested Capital (6.08%) for VTOL is above the 3 year average (3.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 12.4% | ||
| ROIC | 6.08% |
ROA(3y)1.08%
ROA(5y)1.33%
ROE(3y)2.64%
ROE(5y)3.14%
ROIC(3y)3.34%
ROIC(5y)N/A
1.3 Margins
VTOL has a better Profit Margin (8.09%) than 62.90% of its industry peers.
In the last couple of years the Profit Margin of VTOL has remained more or less at the same level.
Looking at the Operating Margin, with a value of 9.90%, VTOL is in line with its industry, outperforming 41.94% of the companies in the same industry.
VTOL's Operating Margin has improved in the last couple of years.
VTOL has a Gross Margin of 26.92%. This is comparable to the rest of the industry: VTOL outperforms 54.84% of its industry peers.
In the last couple of years the Gross Margin of VTOL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.9% | ||
| PM (TTM) | 8.09% | ||
| GM | 26.92% |
OM growth 3Y18.49%
OM growth 5YN/A
PM growth 3Y0.86%
PM growth 5YN/A
GM growth 3Y2.56%
GM growth 5Y-3.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VTOL is destroying value.
VTOL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for VTOL has been increased compared to 5 years ago.
The debt/assets ratio for VTOL is higher compared to a year ago.
2.2 Solvency
VTOL has an Altman-Z score of 1.76. This is a bad value and indicates that VTOL is not financially healthy and even has some risk of bankruptcy.
VTOL has a Altman-Z score of 1.76. This is comparable to the rest of the industry: VTOL outperforms 48.39% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that VTOL is somewhat dependend on debt financing.
VTOL's Debt to Equity ratio of 0.73 is on the low side compared to the rest of the industry. VTOL is outperformed by 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.76 |
ROIC/WACC0.65
WACC9.36%
2.3 Liquidity
A Current Ratio of 1.84 indicates that VTOL should not have too much problems paying its short term obligations.
VTOL has a Current ratio of 1.84. This is comparable to the rest of the industry: VTOL outperforms 50.00% of its industry peers.
VTOL has a Quick Ratio of 1.47. This is a normal value and indicates that VTOL is financially healthy and should not expect problems in meeting its short term obligations.
VTOL's Quick ratio of 1.47 is in line compared to the rest of the industry. VTOL outperforms 48.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 316.19% over the past year.
Measured over the past years, VTOL shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.06% on average per year.
VTOL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.23%.
The Revenue has been growing by 44.32% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)316.19%
EPS 3Y48.06%
EPS 5YN/A
EPS Q2Q%171.79%
Revenue 1Y (TTM)7.23%
Revenue growth 3Y6.31%
Revenue growth 5Y44.32%
Sales Q2Q%3.99%
3.2 Future
Based on estimates for the next years, VTOL will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.91% on average per year.
VTOL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.41% yearly.
EPS Next Y-9.3%
EPS Next 2Y14.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.62%
Revenue Next 2Y13.41%
Revenue Next 3YN/A
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
VTOL is valuated reasonably with a Price/Earnings ratio of 8.24.
VTOL's Price/Earnings ratio is rather cheap when compared to the industry. VTOL is cheaper than 90.32% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.04, VTOL is valued rather cheaply.
VTOL is valuated cheaply with a Price/Forward Earnings ratio of 7.37.
Based on the Price/Forward Earnings ratio, VTOL is valued cheaply inside the industry as 95.16% of the companies are valued more expensively.
VTOL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.24 | ||
| Fwd PE | 7.37 |
4.2 Price Multiples
VTOL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. VTOL is more expensive than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.02 |
4.3 Compensation for Growth
VTOL's earnings are expected to grow with 14.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.91%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VTOL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
36.01
-0.88 (-2.39%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners97.07%
Inst Owner Change-0.12%
Ins Owners2.28%
Ins Owner Change10.48%
Market Cap1.04B
Analysts82.5
Price Target49.47 (37.38%)
Short Float %3.15%
Short Ratio4.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)65.92%
Min EPS beat(2)59.88%
Max EPS beat(2)71.97%
EPS beat(4)4
Avg EPS beat(4)76.98%
Min EPS beat(4)59.88%
Max EPS beat(4)96.08%
EPS beat(8)5
Avg EPS beat(8)21.82%
EPS beat(12)6
Avg EPS beat(12)-0.92%
EPS beat(16)8
Avg EPS beat(16)-8.97%
Revenue beat(2)1
Avg Revenue beat(2)0.41%
Min Revenue beat(2)-2.65%
Max Revenue beat(2)3.46%
Revenue beat(4)2
Avg Revenue beat(4)0.08%
Min Revenue beat(4)-3.12%
Max Revenue beat(4)3.46%
Revenue beat(8)5
Avg Revenue beat(8)0.68%
Revenue beat(12)6
Avg Revenue beat(12)0.27%
Revenue beat(16)7
Avg Revenue beat(16)-0.61%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)12.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.24 | ||
| Fwd PE | 7.37 | ||
| P/S | 0.73 | ||
| P/FCF | N/A | ||
| P/OCF | 6.9 | ||
| P/B | 1.11 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 7.02 |
EPS(TTM)4.37
EY12.14%
EPS(NY)4.89
Fwd EY13.57%
FCF(TTM)-3.22
FCFYN/A
OCF(TTM)5.22
OCFY14.49%
SpS49.67
BVpS32.38
TBVpS32.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 12.4% | ||
| ROCE | 7.7% | ||
| ROIC | 6.08% | ||
| ROICexc | 6.79% | ||
| ROICexgc | 6.79% | ||
| OM | 9.9% | ||
| PM (TTM) | 8.09% | ||
| GM | 26.92% | ||
| FCFM | N/A |
ROA(3y)1.08%
ROA(5y)1.33%
ROE(3y)2.64%
ROE(5y)3.14%
ROIC(3y)3.34%
ROIC(5y)N/A
ROICexc(3y)3.87%
ROICexc(5y)N/A
ROICexgc(3y)3.99%
ROICexgc(5y)N/A
ROCE(3y)4.23%
ROCE(5y)N/A
ROICexcg growth 3Y21.02%
ROICexcg growth 5YN/A
ROICexc growth 3Y23.41%
ROICexc growth 5YN/A
OM growth 3Y18.49%
OM growth 5YN/A
PM growth 3Y0.86%
PM growth 5YN/A
GM growth 3Y2.56%
GM growth 5Y-3.56%
F-Score7
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.05 | ||
| Cap/Depr | 294.26% | ||
| Cap/Sales | 17% | ||
| Interest Coverage | 3.21 | ||
| Cash Conversion | 67.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 1.76 |
F-Score7
WACC9.36%
ROIC/WACC0.65
Cap/Depr(3y)145.97%
Cap/Depr(5y)94.34%
Cap/Sales(3y)8.98%
Cap/Sales(5y)6.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)316.19%
EPS 3Y48.06%
EPS 5YN/A
EPS Q2Q%171.79%
EPS Next Y-9.3%
EPS Next 2Y14.91%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.23%
Revenue growth 3Y6.31%
Revenue growth 5Y44.32%
Sales Q2Q%3.99%
Revenue Next Year16.62%
Revenue Next 2Y13.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y90.91%
EBIT growth 3Y25.97%
EBIT growth 5YN/A
EBIT Next Year103.68%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y48.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y214.96%
OCF growth 3Y22.38%
OCF growth 5Y45.08%