VITESSE ENERGY INC (VTS) Stock Fundamental Analysis
NYSE:VTS - New York Stock Exchange, Inc. - US92852X1037 - Common Stock - Currency: USD
Overall VTS gets a fundamental rating of 4 out of 10. We evaluated VTS against 213 industry peers in the Oil, Gas & Consumable Fuels industry. VTS has an average financial health and profitability rating. VTS does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year VTS was profitable.
In the past year VTS had a positive cash flow from operations.
In multiple years VTS reported negative net income over the last 5 years.
VTS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VTS has a Return On Assets of 2.60%. This is comparable to the rest of the industry: VTS outperforms 43.66% of its industry peers.
The Return On Equity of VTS (4.21%) is comparable to the rest of the industry.
VTS's Return On Invested Capital of 4.56% is on the low side compared to the rest of the industry. VTS is outperformed by 62.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VTS is significantly below the industry average of 25.70%.
The last Return On Invested Capital (4.56%) for VTS is well below the 3 year average (9.31%), which needs to be investigated, but indicates that VTS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.21% | ||
| ROIC | 4.56% |
ROA(3y)5.93%
ROA(5y)3.86%
ROE(3y)7.05%
ROE(5y)4.6%
ROIC(3y)9.31%
ROIC(5y)N/A
1.3 Margins
VTS's Profit Margin of 8.70% is in line compared to the rest of the industry. VTS outperforms 50.70% of its industry peers.
In the last couple of years the Profit Margin of VTS has declined.
VTS has a Operating Margin (16.93%) which is comparable to the rest of the industry.
VTS's Operating Margin has declined in the last couple of years.
VTS's Gross Margin of 71.45% is amongst the best of the industry. VTS outperforms 80.75% of its industry peers.
In the last couple of years the Gross Margin of VTS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.93% | ||
| PM (TTM) | 8.7% | ||
| GM | 71.45% |
OM growth 3Y-16.52%
OM growth 5Y-4.69%
PM growth 3Y-3.82%
PM growth 5Y-16.11%
GM growth 3Y1.44%
GM growth 5Y1.64%
2. Health
2.1 Basic Checks
VTS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for VTS has been reduced compared to 1 year ago.
Compared to 1 year ago, VTS has a worse debt to assets ratio.
2.2 Solvency
VTS has an Altman-Z score of 1.97. This is not the best score and indicates that VTS is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.97, VTS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
VTS has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as VTS would need 2.95 years to pay back of all of its debts.
The Debt to FCF ratio of VTS (2.95) is better than 78.87% of its industry peers.
VTS has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.23, VTS is doing good in the industry, outperforming 69.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 1.97 |
ROIC/WACC0.43
WACC10.65%
2.3 Liquidity
VTS has a Current Ratio of 0.51. This is a bad value and indicates that VTS is not financially healthy enough and could expect problems in meeting its short term obligations.
VTS has a Current ratio of 0.51. This is amonst the worse of the industry: VTS underperforms 84.98% of its industry peers.
A Quick Ratio of 0.51 indicates that VTS may have some problems paying its short term obligations.
VTS has a Quick ratio of 0.51. This is amonst the worse of the industry: VTS underperforms 81.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
VTS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.20%.
Measured over the past years, VTS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.85% on average per year.
VTS shows a small growth in Revenue. In the last year, the Revenue has grown by 3.46%.
VTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.15% yearly.
EPS 1Y (TTM)-38.2%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-65.38%
Revenue 1Y (TTM)3.46%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%-19.3%
3.2 Future
Based on estimates for the next years, VTS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.08% on average per year.
The Revenue is expected to grow by 0.15% on average over the next years.
EPS Next Y-2.21%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue Next Year22.1%
Revenue Next 2Y12.98%
Revenue Next 3Y0.15%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.41, VTS is valued on the expensive side.
VTS's Price/Earnings is on the same level as the industry average.
VTS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.18.
A Price/Forward Earnings ratio of 19.85 indicates a rather expensive valuation of VTS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VTS is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.81, VTS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.41 | ||
| Fwd PE | 19.85 |
4.2 Price Multiples
VTS's Enterprise Value to EBITDA ratio is in line with the industry average.
VTS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.76 | ||
| EV/EBITDA | 6.64 |
4.3 Compensation for Growth
A more expensive valuation may be justified as VTS's earnings are expected to grow with 15.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.09%
EPS Next 3Y15.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.24%, VTS is a good candidate for dividend investing.
VTS's Dividend Yield is rather good when compared to the industry average which is at 7.29. VTS pays more dividend than 86.85% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, VTS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.24% |
5.2 History
VTS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
301.82% of the earnings are spent on dividend by VTS. This is not a sustainable payout ratio.
DP301.82%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
21.35
+0.47 (+2.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners58.36%
Inst Owner Change1.47%
Ins Owners17.41%
Ins Owner Change-20.81%
Market Cap823.68M
Analysts80
Price Target29.33 (37.38%)
Short Float %8.49%
Short Ratio7.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.24% |
Yearly Dividend1.94
Dividend Growth(5Y)N/A
DP301.82%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.66%
Min EPS beat(2)-38.7%
Max EPS beat(2)11.39%
EPS beat(4)1
Avg EPS beat(4)-8.57%
Min EPS beat(4)-38.7%
Max EPS beat(4)11.39%
EPS beat(8)3
Avg EPS beat(8)8.18%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.79%
Min Revenue beat(2)-5.9%
Max Revenue beat(2)-5.69%
Revenue beat(4)2
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-5.9%
Max Revenue beat(4)1.87%
Revenue beat(8)4
Avg Revenue beat(8)-1.96%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.29%
PT rev (3m)-1.71%
EPS NQ rev (1m)-47.1%
EPS NQ rev (3m)6.25%
EPS NY rev (1m)12.14%
EPS NY rev (3m)3.4%
Revenue NQ rev (1m)2.21%
Revenue NQ rev (3m)0.55%
Revenue NY rev (1m)6.07%
Revenue NY rev (3m)3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.41 | ||
| Fwd PE | 19.85 | ||
| P/S | 3.4 | ||
| P/FCF | 20.76 | ||
| P/OCF | 5.31 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 6.64 |
EPS(TTM)1.1
EY5.15%
EPS(NY)1.08
Fwd EY5.04%
FCF(TTM)1.03
FCFY4.82%
OCF(TTM)4.02
OCFY18.82%
SpS6.27
BVpS12.97
TBVpS12.97
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.21% | ||
| ROCE | 5.77% | ||
| ROIC | 4.56% | ||
| ROICexc | 4.57% | ||
| ROICexgc | 4.57% | ||
| OM | 16.93% | ||
| PM (TTM) | 8.7% | ||
| GM | 71.45% | ||
| FCFM | 16.4% |
ROA(3y)5.93%
ROA(5y)3.86%
ROE(3y)7.05%
ROE(5y)4.6%
ROIC(3y)9.31%
ROIC(5y)N/A
ROICexc(3y)9.43%
ROICexc(5y)N/A
ROICexgc(3y)9.43%
ROICexgc(5y)N/A
ROCE(3y)11.79%
ROCE(5y)N/A
ROICexcg growth 3Y-14.63%
ROICexcg growth 5YN/A
ROICexc growth 3Y-14.63%
ROICexc growth 5YN/A
OM growth 3Y-16.52%
OM growth 5Y-4.69%
PM growth 3Y-3.82%
PM growth 5Y-16.11%
GM growth 3Y1.44%
GM growth 5Y1.64%
F-Score4
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.95 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 114.97% | ||
| Cap/Sales | 47.65% | ||
| Interest Coverage | 4.53 | ||
| Cash Conversion | 109.71% | ||
| Profit Quality | 188.43% | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.97 |
F-Score4
WACC10.65%
ROIC/WACC0.43
Cap/Depr(3y)131.76%
Cap/Depr(5y)117.59%
Cap/Sales(3y)42.48%
Cap/Sales(5y)44.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.2%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-65.38%
EPS Next Y-2.21%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue 1Y (TTM)3.46%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%-19.3%
Revenue Next Year22.1%
Revenue Next 2Y12.98%
Revenue Next 3Y0.15%
Revenue Next 5YN/A
EBIT growth 1Y17.54%
EBIT growth 3Y-8.74%
EBIT growth 5Y2.13%
EBIT Next Year289.73%
EBIT Next 3Y46.15%
EBIT Next 5YN/A
FCF growth 1Y86.51%
FCF growth 3Y-3.13%
FCF growth 5YN/A
OCF growth 1Y9.2%
OCF growth 3Y21.24%
OCF growth 5Y8.9%