VISTRA CORP (VST)

US92840M1027 - Common Stock

124.96  +0.85 (+0.68%)

After market: 125 +0.04 (+0.03%)

Fundamental Rating

5

Taking everything into account, VST scores 5 out of 10 in our fundamental rating. VST was compared to 22 industry peers in the Independent Power and Renewable Electricity Producers industry. VST has a medium profitability rating, but doesn't score so well on its financial health evaluation. VST has a decent growth rate and is not valued too expensively.



6

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

VST has a Return On Assets of 1.22%. This is in the better half of the industry: VST outperforms 68.18% of its industry peers.
Looking at the Return On Equity, with a value of 8.53%, VST is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
VST has a better Return On Invested Capital (4.58%) than 77.27% of its industry peers.
Industry RankSector Rank
ROA 1.22%
ROE 8.53%
ROIC 4.58%
ROA(3y)-1.5%
ROA(5y)0.3%
ROE(3y)-6.13%
ROE(5y)0.17%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

The Profit Margin of VST (3.39%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VST has grown nicely.
Looking at the Operating Margin, with a value of 13.01%, VST is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of VST has grown nicely.
VST has a better Gross Margin (105.08%) than 100.00% of its industry peers.
VST's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 13.01%
PM (TTM) 3.39%
GM 105.08%
OM growth 3Y4.15%
OM growth 5Y27.82%
PM growth 3Y17.81%
PM growth 5YN/A
GM growth 3Y0.05%
GM growth 5YN/A

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VST is destroying value.
The number of shares outstanding for VST has been reduced compared to 1 year ago.
The number of shares outstanding for VST has been reduced compared to 5 years ago.
Compared to 1 year ago, VST has a worse debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of 1.18, we must say that VST is in the distress zone and has some risk of bankruptcy.
VST's Altman-Z score of 1.18 is fine compared to the rest of the industry. VST outperforms 77.27% of its industry peers.
The Debt to FCF ratio of VST is 16.93, which is on the high side as it means it would take VST, 16.93 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 16.93, VST belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
VST has a Debt/Equity ratio of 2.67. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.67, VST perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.67
Debt/FCF 16.93
Altman-Z 1.18
ROIC/WACC0.6
WACC7.57%

2.3 Liquidity

VST has a Current Ratio of 0.98. This is a bad value and indicates that VST is not financially healthy enough and could expect problems in meeting its short term obligations.
VST has a Current ratio (0.98) which is comparable to the rest of the industry.
VST has a Quick Ratio of 0.98. This is a bad value and indicates that VST is not financially healthy enough and could expect problems in meeting its short term obligations.
VST's Quick ratio of 0.88 is in line compared to the rest of the industry. VST outperforms 40.91% of its industry peers.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.88

5

3. Growth

3.1 Past

VST shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -62.84%.
Measured over the past years, VST shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.64% on average per year.
VST shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.43%.
VST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.08% yearly.
EPS 1Y (TTM)-62.84%
EPS 3Y33.64%
EPS 5YN/A
EPS Q2Q%-23.08%
Revenue 1Y (TTM)-15.43%
Revenue growth 3Y8.9%
Revenue growth 5Y10.08%
Sales Q2Q%20.57%

3.2 Future

VST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.24% yearly.
VST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.19% yearly.
EPS Next Y51.78%
EPS Next 2Y39.91%
EPS Next 3Y35.84%
EPS Next 5Y22.24%
Revenue Next Year6.17%
Revenue Next 2Y7.95%
Revenue Next 3Y7.4%
Revenue Next 5Y4.19%

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.
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.

5

4. Valuation

4.1 Price/Earnings Ratio

VST is valuated quite expensively with a Price/Earnings ratio of 91.88.
VST's Price/Earnings ratio is in line with the industry average.
VST is valuated expensively when we compare the Price/Earnings ratio to 30.16, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.83, the valuation of VST can be described as rather expensive.
86.36% of the companies in the same industry are more expensive than VST, based on the Price/Forward Earnings ratio.
VST's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.06.
Industry RankSector Rank
PE 91.88
Fwd PE 17.83

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VST is on the same level as its industry peers.
VST's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VST is cheaper than 81.82% of the companies in the same industry.
Industry RankSector Rank
P/FCF 43.1
EV/EBITDA 14.2

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VST has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as VST's earnings are expected to grow with 35.84% in the coming years.
PEG (NY)1.77
PEG (5Y)N/A
EPS Next 2Y39.91%
EPS Next 3Y35.84%

4

5. Dividend

5.1 Amount

VST has a yearly dividend return of 0.70%, which is pretty low.
Compared to an average industry Dividend Yield of 6.31, VST pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.22, VST's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.7%

5.2 History

The dividend of VST is nicely growing with an annual growth rate of 13.13%!
VST has been paying a dividend for over 5 years, so it has already some track record.
VST has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.13%
Div Incr Years4
Div Non Decr Years4

5.3 Sustainability

VST pays out 96.44% of its income as dividend. This is not a sustainable payout ratio.
The dividend of VST is growing, but earnings are growing more, so the dividend growth is sustainable.
DP96.44%
EPS Next 2Y39.91%
EPS Next 3Y35.84%

VISTRA CORP

NYSE:VST (10/31/2024, 7:00:00 PM)

After market: 125 +0.04 (+0.03%)

124.96

+0.85 (+0.68%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap42.93B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0.7%
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)
Max Revenue beat(4)
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 RankSector Rank
PE 91.88
Fwd PE 17.83
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)1.77
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.22%
ROE 8.53%
ROCE
ROIC
ROICexc
ROICexgc
OM 13.01%
PM (TTM) 3.39%
GM 105.08%
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 Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 2.67
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.98
Quick Ratio 0.88
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)
High Growth Momentum
Growth
EPS 1Y (TTM)-62.84%
EPS 3Y33.64%
EPS 5Y
EPS Q2Q%
EPS Next Y51.78%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-15.43%
Revenue growth 3Y8.9%
Revenue growth 5Y
Sales 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