BRISTOW GROUP INC (VTOL) Stock Fundamental Analysis
NYSE:VTOL - New York Stock Exchange, Inc. - US11040G1031 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to VTOL. 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 not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
VTOL had positive earnings in the past year.
VTOL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: VTOL reported negative net income in multiple years.
Each year in the past 5 years VTOL had a positive operating cash flow.
1.2 Ratios
VTOL has a Return On Assets of 5.32%. This is in the better half of the industry: VTOL outperforms 61.29% of its industry peers.
VTOL has a better Return On Equity (12.40%) 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 41.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VTOL is significantly below the industry average of 8.69%.
The 3 year average ROIC (3.34%) for VTOL is below the current ROIC(6.08%), indicating increased profibility in the last year.
| 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
The Profit Margin of VTOL (8.09%) is better than 61.29% of its industry peers.
In the last couple of years the Profit Margin of VTOL has remained more or less at the same level.
VTOL has a Operating Margin of 9.90%. This is comparable to the rest of the industry: VTOL outperforms 41.94% of its industry peers.
In the last couple of years the Operating Margin of VTOL has grown nicely.
VTOL has a Gross Margin (26.92%) which is in line with its industry peers.
VTOL's Gross Margin has declined in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VTOL is destroying value.
VTOL has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, VTOL has more shares outstanding
Compared to 1 year ago, VTOL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.66, we must say that VTOL is in the distress zone and has some risk of bankruptcy.
VTOL has a Altman-Z score (1.66) which is comparable to the rest of the industry.
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 72.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.66 |
ROIC/WACC0.66
WACC9.22%
2.3 Liquidity
VTOL has a Current Ratio of 1.84. This is a normal value and indicates that VTOL is financially healthy and should not expect problems in meeting its short term obligations.
VTOL has a Current ratio of 1.84. This is comparable to the rest of the industry: VTOL outperforms 46.77% of its industry peers.
A Quick Ratio of 1.47 indicates that VTOL should not have too much problems paying its short term obligations.
The Quick ratio of VTOL (1.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
VTOL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 316.19%, which is quite impressive.
VTOL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.06% yearly.
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
The Earnings Per Share is expected to grow by 13.34% on average over the next years. This is quite good.
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-19.09%
EPS Next 2Y13.34%
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
A Price/Earnings ratio of 6.78 indicates a rather cheap valuation of VTOL.
Based on the Price/Earnings ratio, VTOL is valued cheaply inside the industry as 95.16% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.70. VTOL is valued rather cheaply when compared to this.
VTOL is valuated cheaply with a Price/Forward Earnings ratio of 6.23.
Based on the Price/Forward Earnings ratio, VTOL is valued cheaply inside the industry as 93.55% 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 22.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.78 | ||
| Fwd PE | 6.23 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VTOL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.14 |
4.3 Compensation for Growth
VTOL's earnings are expected to grow with 13.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
VTOL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
29.61
-0.39 (-1.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners99.08%
Inst Owner Change-0.09%
Ins Owners2.17%
Ins Owner Change4.39%
Market Cap852.18M
Analysts82.5
Price Target49.47 (67.07%)
Short Float %2.06%
Short Ratio3.61
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)-17.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.08%
Revenue NQ rev (1m)1.88%
Revenue NQ rev (3m)-1.87%
Revenue NY rev (1m)-1.39%
Revenue NY rev (3m)-1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.78 | ||
| Fwd PE | 6.23 | ||
| P/S | 0.6 | ||
| P/FCF | N/A | ||
| P/OCF | 5.68 | ||
| P/B | 0.91 | ||
| P/tB | 0.91 | ||
| EV/EBITDA | 6.14 |
EPS(TTM)4.37
EY14.76%
EPS(NY)4.75
Fwd EY16.05%
FCF(TTM)-3.22
FCFYN/A
OCF(TTM)5.22
OCFY17.62%
SpS49.65
BVpS32.37
TBVpS32.37
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 | 1.66 |
F-Score7
WACC9.22%
ROIC/WACC0.66
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-19.09%
EPS Next 2Y13.34%
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 Year102.85%
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%