BLACK STONE MINERALS LP (BSM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BSM - US09225M1018
14.09 USD
-0.06 (-0.42%)
14.09 USD
0 (0%)
BSM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 208 industry peers in the Oil, Gas & Consumable Fuels industry. BSM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BSM is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- BSM had positive earnings in the past year.
- BSM had a positive operating cash flow in the past year.
- In the past 5 years BSM has always been profitable.
- In the past 5 years BSM always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.25%, BSM belongs to the top of the industry, outperforming 95.19% of the companies in the same industry.
- BSM has a Return On Equity of 21.74%. This is amongst the best in the industry. BSM outperforms 89.42% of its industry peers.
- The Return On Invested Capital of BSM (17.75%) is better than 95.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BSM is above the industry average of 21.83%.
- The last Return On Invested Capital (17.75%) for BSM is well below the 3 year average (25.28%), which needs to be investigated, but indicates that BSM had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.25% | ||
| ROE | 21.74% | ||
| ROIC | 17.75% |
ROA(3y)29.1%
ROA(5y)21.66%
ROE(3y)30.66%
ROE(5y)23.33%
ROIC(3y)25.28%
ROIC(5y)19.74%
1.3 Margins
- Looking at the Profit Margin, with a value of 56.23%, BSM belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
- In the last couple of years the Profit Margin of BSM has grown nicely.
- Looking at the Operating Margin, with a value of 64.62%, BSM belongs to the top of the industry, outperforming 95.67% of the companies in the same industry.
- BSM's Operating Margin has improved in the last couple of years.
- BSM has a better Gross Margin (88.27%) than 94.23% of its industry peers.
- BSM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.62% | ||
| PM (TTM) | 56.23% | ||
| GM | 88.27% |
OM growth 3Y7.06%
OM growth 5Y5.48%
PM growth 3Y7.56%
PM growth 5Y7.06%
GM growth 3Y1.53%
GM growth 5Y0.56%
2. Health
2.1 Basic Checks
- BSM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, BSM has less shares outstanding
- BSM has more shares outstanding than it did 5 years ago.
- BSM has a worse debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of BSM is 0.42, which is an excellent value as it means it would take BSM, only 0.42 years of fcf income to pay off all of its debts.
- BSM has a Debt to FCF ratio of 0.42. This is amongst the best in the industry. BSM outperforms 89.42% of its industry peers.
- A Debt/Equity ratio of 0.08 indicates that BSM is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.08, BSM belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.42 | ||
| Altman-Z | N/A |
ROIC/WACC2
WACC8.89%
2.3 Liquidity
- BSM has a Current Ratio of 4.37. This indicates that BSM is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 4.37, BSM belongs to the top of the industry, outperforming 86.54% of the companies in the same industry.
- A Quick Ratio of 4.37 indicates that BSM has no problem at all paying its short term obligations.
- BSM has a better Quick ratio (4.37) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.37 | ||
| Quick Ratio | 4.37 |
3. Growth
3.1 Past
- BSM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -30.25%.
- Measured over the past 5 years, BSM shows a small growth in Earnings Per Share. The EPS has been growing by 5.02% on average per year.
- Looking at the last year, BSM shows a very negative growth in Revenue. The Revenue has decreased by -19.58% in the last year.
- The Revenue has been decreasing by -2.32% on average over the past years.
EPS 1Y (TTM)-30.25%
EPS 3Y13.82%
EPS 5Y5.02%
EPS Q2Q%-2.44%
Revenue 1Y (TTM)-19.58%
Revenue growth 3Y6.47%
Revenue growth 5Y-2.32%
Sales Q2Q%1.94%
3.2 Future
- Based on estimates for the next years, BSM will show a small growth in Earnings Per Share. The EPS will grow by 7.00% on average per year.
- Based on estimates for the next years, BSM will show a small growth in Revenue. The Revenue will grow by 3.96% on average per year.
EPS Next Y4.51%
EPS Next 2Y2.23%
EPS Next 3Y7%
EPS Next 5YN/A
Revenue Next Year-6.62%
Revenue Next 2Y1.13%
Revenue Next 3Y3.96%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.47, the valuation of BSM can be described as correct.
- BSM's Price/Earnings ratio is a bit cheaper when compared to the industry. BSM is cheaper than 67.79% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, BSM is valued rather cheaply.
- With a Price/Forward Earnings ratio of 11.72, the valuation of BSM can be described as very reasonable.
- BSM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BSM is cheaper than 67.31% of the companies in the same industry.
- BSM is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 11.72 |
4.2 Price Multiples
- BSM's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, BSM is valued a bit cheaper than the industry average as 67.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.31 | ||
| EV/EBITDA | 9.65 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of BSM may justify a higher PE ratio.
PEG (NY)2.76
PEG (5Y)2.48
EPS Next 2Y2.23%
EPS Next 3Y7%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.73%, BSM is a good candidate for dividend investing.
- BSM's Dividend Yield is rather good when compared to the industry average which is at 3.91. BSM pays more dividend than 85.10% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, BSM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.73% |
5.2 History
- The dividend of BSM has a limited annual growth rate of 1.14%.
- BSM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- BSM pays out 135.16% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of BSM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP135.16%
EPS Next 2Y2.23%
EPS Next 3Y7%
14.09
-0.06 (-0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)02-23 2026-02-23/amc
Inst Owners14.17%
Inst Owner Change-0.06%
Ins Owners16.8%
Ins Owner Change0.85%
Market Cap2.99B
Revenue(TTM)434.94M
Net Income(TTM)244.59M
Analysts72.5
Price Target15.3 (8.59%)
Short Float %1.97%
Short Ratio7.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.73% |
Yearly Dividend1.68
Dividend Growth(5Y)1.14%
DP135.16%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)56.28%
Min EPS beat(2)41.44%
Max EPS beat(2)71.11%
EPS beat(4)2
Avg EPS beat(4)-8.18%
Min EPS beat(4)-93.88%
Max EPS beat(4)71.11%
EPS beat(8)4
Avg EPS beat(8)-3.97%
EPS beat(12)6
Avg EPS beat(12)4.21%
EPS beat(16)9
Avg EPS beat(16)17.9%
Revenue beat(2)1
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-3.91%
Max Revenue beat(2)1.46%
Revenue beat(4)1
Avg Revenue beat(4)-7.6%
Min Revenue beat(4)-25.2%
Max Revenue beat(4)1.46%
Revenue beat(8)2
Avg Revenue beat(8)-1.85%
Revenue beat(12)3
Avg Revenue beat(12)0.23%
Revenue beat(16)6
Avg Revenue beat(16)3.31%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-9.43%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)6.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.53%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-2.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 11.72 | ||
| P/S | 6.86 | ||
| P/FCF | 13.31 | ||
| P/OCF | 8.88 | ||
| P/B | 2.65 | ||
| P/tB | 2.65 | ||
| EV/EBITDA | 9.65 |
EPS(TTM)1.13
EY8.02%
EPS(NY)1.2
Fwd EY8.53%
FCF(TTM)1.06
FCFY7.51%
OCF(TTM)1.59
OCFY11.26%
SpS2.05
BVpS5.31
TBVpS5.31
PEG (NY)2.76
PEG (5Y)2.48
Graham Number11.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.25% | ||
| ROE | 21.74% | ||
| ROCE | 22.47% | ||
| ROIC | 17.75% | ||
| ROICexc | 17.79% | ||
| ROICexgc | 17.79% | ||
| OM | 64.62% | ||
| PM (TTM) | 56.23% | ||
| GM | 88.27% | ||
| FCFM | 51.55% |
ROA(3y)29.1%
ROA(5y)21.66%
ROE(3y)30.66%
ROE(5y)23.33%
ROIC(3y)25.28%
ROIC(5y)19.74%
ROICexc(3y)25.87%
ROICexc(5y)20.12%
ROICexgc(3y)25.87%
ROICexgc(5y)20.12%
ROCE(3y)32%
ROCE(5y)24.99%
ROICexgc growth 3Y13.21%
ROICexgc growth 5Y8.09%
ROICexc growth 3Y13.21%
ROICexc growth 5Y8.09%
OM growth 3Y7.06%
OM growth 5Y5.48%
PM growth 3Y7.56%
PM growth 5Y7.06%
GM growth 3Y1.53%
GM growth 5Y0.56%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.42 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 285.5% | ||
| Cap/Sales | 25.7% | ||
| Interest Coverage | 47.61 | ||
| Cash Conversion | 104.93% | ||
| Profit Quality | 91.67% | ||
| Current Ratio | 4.37 | ||
| Quick Ratio | 4.37 | ||
| Altman-Z | N/A |
F-Score5
WACC8.89%
ROIC/WACC2
Cap/Depr(3y)108.08%
Cap/Depr(5y)70.81%
Cap/Sales(3y)10.59%
Cap/Sales(5y)7.45%
Profit Quality(3y)109.65%
Profit Quality(5y)150.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-30.25%
EPS 3Y13.82%
EPS 5Y5.02%
EPS Q2Q%-2.44%
EPS Next Y4.51%
EPS Next 2Y2.23%
EPS Next 3Y7%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.58%
Revenue growth 3Y6.47%
Revenue growth 5Y-2.32%
Sales Q2Q%1.94%
Revenue Next Year-6.62%
Revenue Next 2Y1.13%
Revenue Next 3Y3.96%
Revenue Next 5YN/A
EBIT growth 1Y-24.69%
EBIT growth 3Y13.99%
EBIT growth 5Y3.03%
EBIT Next Year7.08%
EBIT Next 3Y8.32%
EBIT Next 5YN/A
FCF growth 1Y-58.32%
FCF growth 3Y4.19%
FCF growth 5Y-1.89%
OCF growth 1Y-38.17%
OCF growth 3Y14.84%
OCF growth 5Y-1.17%
BLACK STONE MINERALS LP / BSM FAQ
What is the fundamental rating for BSM stock?
ChartMill assigns a fundamental rating of 7 / 10 to BSM.
What is the valuation status of BLACK STONE MINERALS LP (BSM) stock?
ChartMill assigns a valuation rating of 6 / 10 to BLACK STONE MINERALS LP (BSM). This can be considered as Fairly Valued.
What is the profitability of BSM stock?
BLACK STONE MINERALS LP (BSM) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for BSM stock?
The Price/Earnings (PE) ratio for BLACK STONE MINERALS LP (BSM) is 12.47 and the Price/Book (PB) ratio is 2.65.
What is the expected EPS growth for BLACK STONE MINERALS LP (BSM) stock?
The Earnings per Share (EPS) of BLACK STONE MINERALS LP (BSM) is expected to grow by 4.51% in the next year.