BRISTOW GROUP INC (VTOL)
US11040G1031 - Common Stock
We assign a fundamental rating of 3 out of 10 to VTOL. VTOL was compared to 65 industry peers in the Energy Equipment & Services industry. VTOL may be in some trouble as it scores bad on both profitability and health. VTOL is quite expensive at the moment. It does show a decent growth rate.
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.
In the past 5 years VTOL reported 4 times negative net income.
VTOL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.07%, VTOL is doing worse than 66.15% of the companies in the same industry.
The Return On Equity of VTOL (0.17%) is worse than 66.15% of its industry peers.
VTOL has a worse Return On Invested Capital (3.63%) than 67.69% of its industry peers.
VTOL had an Average Return On Invested Capital over the past 3 years of 2.46%. This is significantly below the industry average of 8.27%.
The 3 year average ROIC (2.46%) for VTOL is below the current ROIC(3.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.17% | ||
| ROIC | 3.63% |
ROA(3y)0.88%
ROA(5y)0.34%
ROE(3y)1.95%
ROE(5y)0.86%
ROIC(3y)2.46%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.10%, VTOL is not doing good in the industry: 67.69% of the companies in the same industry are doing better.
VTOL has a Operating Margin of 5.56%. This is in the lower half of the industry: VTOL underperforms 63.08% of its industry peers.
VTOL's Gross Margin of 24.22% is in line compared to the rest of the industry. VTOL outperforms 44.62% of its industry peers.
In the last couple of years the Gross Margin of VTOL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.56% | ||
| PM (TTM) | 0.1% | ||
| GM | 24.22% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.21%
GM growth 5Y-5.66%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VTOL is destroying value.
Compared to 1 year ago, VTOL has about the same amount of shares outstanding.
VTOL has more shares outstanding than it did 5 years ago.
VTOL has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that VTOL is in the distress zone and has some risk of bankruptcy.
VTOL has a Altman-Z score (1.69) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.65 indicates that VTOL is somewhat dependend on debt financing.
VTOL has a Debt to Equity ratio of 0.65. This is in the lower half of the industry: VTOL underperforms 63.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.69 |
ROIC/WACC0.46
WACC7.94%
2.3 Liquidity
VTOL has a Current Ratio of 1.73. 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 Current ratio of 1.73 is on the low side compared to the rest of the industry. VTOL is outperformed by 60.00% of its industry peers.
A Quick Ratio of 1.39 indicates that VTOL should not have too much problems paying its short term obligations.
VTOL has a worse Quick ratio (1.39) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
VTOL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.53%, which is quite good.
Looking at the last year, VTOL shows a quite strong growth in Revenue. The Revenue has grown by 8.81% in the last year.
Measured over the past years, VTOL shows a very strong growth in Revenue. The Revenue has been growing by 42.38% on average per year.
EPS 1Y (TTM)10.53%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-18.75%
Revenue 1Y (TTM)8.81%
Revenue growth 3Y79.03%
Revenue growth 5Y42.38%
Revenue growth Q2Q11.62%
3.2 Future
VTOL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.21% yearly.
Based on estimates for the next years, VTOL will show a quite strong growth in Revenue. The Revenue will grow by 8.88% on average per year.
EPS Next Y105.79%
EPS Next 2Y38.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.52%
Revenue Next 2Y8.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 35.40, VTOL can be considered very expensive at the moment.
VTOL's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.15. VTOL is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 17.07, the valuation of VTOL can be described as rather expensive.
VTOL's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VTOL is more expensive than 76.92% of the companies in the same industry.
VTOL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 20.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.4 | ||
| Fwd PE | 17.07 |
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 | 8.99 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VTOL's earnings are expected to grow with 38.21% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y38.21%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VTOL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BRISTOW GROUP INC
NYSE:VTOL (5/17/2024, 7:04:00 PM)
After market: 37.17 0 (0%)37.17
+0.82 (+2.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.06B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.4 | ||
| Fwd PE | 17.07 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.33
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.56% | ||
| PM (TTM) | 0.1% | ||
| GM | 24.22% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)10.53%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y105.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.81%
Revenue growth 3Y79.03%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y