CHORD ENERGY CORP (CHRD) Stock Fundamental Analysis
NASDAQ:CHRD - Nasdaq - US6742152076 - Common Stock - Currency: USD
Overall CHRD gets a fundamental rating of 5 out of 10. We evaluated CHRD against 212 industry peers in the Oil, Gas & Consumable Fuels industry. CHRD has only an average score on both its financial health and profitability. CHRD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CHRD had positive earnings in the past year.
CHRD had a positive operating cash flow in the past year.
CHRD had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CHRD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.49%, CHRD is in the better half of the industry, outperforming 66.04% of the companies in the same industry.
The Return On Equity of CHRD (9.71%) is comparable to the rest of the industry.
CHRD has a Return On Invested Capital (7.29%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for CHRD is significantly below the industry average of 25.76%.
The last Return On Invested Capital (7.29%) for CHRD is well below the 3 year average (15.70%), which needs to be investigated, but indicates that CHRD had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.49% | ||
| ROE | 9.71% | ||
| ROIC | 7.29% |
ROA(3y)16.4%
ROA(5y)-22.23%
ROE(3y)23.16%
ROE(5y)-60.5%
ROIC(3y)15.7%
ROIC(5y)15.04%
1.3 Margins
The Profit Margin of CHRD (16.10%) is better than 64.62% of its industry peers.
In the last couple of years the Profit Margin of CHRD has declined.
CHRD has a Operating Margin (20.62%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CHRD has grown nicely.
The Gross Margin of CHRD (51.05%) is comparable to the rest of the industry.
CHRD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.62% | ||
| PM (TTM) | 16.1% | ||
| GM | 51.05% |
OM growth 3Y-17.8%
OM growth 5Y20.31%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y-4.26%
GM growth 5Y-3.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CHRD is creating some value.
CHRD has more shares outstanding than it did 1 year ago.
CHRD has less shares outstanding than it did 5 years ago.
CHRD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that CHRD is in the distress zone and has some risk of bankruptcy.
CHRD has a Altman-Z score of 1.70. This is in the better half of the industry: CHRD outperforms 61.32% of its industry peers.
CHRD has a debt to FCF ratio of 3.20. This is a good value and a sign of high solvency as CHRD would need 3.20 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.20, CHRD is in the better half of the industry, outperforming 75.94% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that CHRD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, CHRD is in the better half of the industry, outperforming 77.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.2 | ||
| Altman-Z | 1.7 |
ROIC/WACC0.71
WACC10.32%
2.3 Liquidity
A Current Ratio of 0.94 indicates that CHRD may have some problems paying its short term obligations.
CHRD's Current ratio of 0.94 is on the low side compared to the rest of the industry. CHRD is outperformed by 61.32% of its industry peers.
A Quick Ratio of 0.88 indicates that CHRD may have some problems paying its short term obligations.
CHRD has a Quick ratio (0.88) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
CHRD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.89%.
CHRD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.52% yearly.
The Revenue has grown by 34.76% in the past year. This is a very strong growth!
CHRD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.44% yearly.
EPS 1Y (TTM)-16.89%
EPS 3Y1.52%
EPS 5YN/A
EPS Q2Q%-33.52%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y49.24%
Revenue growth 5Y20.44%
Sales Q2Q%50.79%
3.2 Future
Based on estimates for the next years, CHRD will show a decrease in Earnings Per Share. The EPS will decrease by -3.28% on average per year.
Based on estimates for the next years, CHRD will show a decrease in Revenue. The Revenue will decrease by -1.03% on average per year.
EPS Next Y-33.38%
EPS Next 2Y-15.06%
EPS Next 3Y-6.17%
EPS Next 5Y-3.28%
Revenue Next Year-6.18%
Revenue Next 2Y-2.74%
Revenue Next 3Y-1.03%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.61, the valuation of CHRD can be described as very cheap.
Based on the Price/Earnings ratio, CHRD is valued cheaper than 83.49% of the companies in the same industry.
CHRD is valuated cheaply when we compare the Price/Earnings ratio to 28.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.41, the valuation of CHRD can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CHRD indicates a somewhat cheap valuation: CHRD is cheaper than 72.17% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CHRD to the average of the S&P500 Index (21.38), we can say CHRD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 8.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CHRD is valued cheaply inside the industry as 85.85% of the companies are valued more expensively.
CHRD's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.14 | ||
| EV/EBITDA | 2.95 |
4.3 Compensation for Growth
CHRD's earnings are expected to decrease with -6.17% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.06%
EPS Next 3Y-6.17%
5. Dividend
5.1 Amount
CHRD has a Yearly Dividend Yield of 5.33%, which is a nice return.
CHRD's Dividend Yield is a higher than the industry average which is at 7.32.
Compared to an average S&P500 Dividend Yield of 2.46, CHRD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.33% |
5.2 History
CHRD has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
62.70% of the earnings are spent on dividend by CHRD. This is not a sustainable payout ratio.
DP62.7%
EPS Next 2Y-15.06%
EPS Next 3Y-6.17%
93.51
-1.4 (-1.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners90.51%
Inst Owner ChangeN/A
Ins Owners0.59%
Ins Owner Change-10.28%
Market Cap5.56B
Analysts80.87
Price Target144.78 (54.83%)
Short Float %3.76%
Short Ratio2.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.33% |
Yearly Dividend10.46
Dividend Growth(5Y)N/A
DP62.7%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.01%
Min EPS beat(2)-11.89%
Max EPS beat(2)21.92%
EPS beat(4)2
Avg EPS beat(4)1.45%
Min EPS beat(4)-11.89%
Max EPS beat(4)21.92%
EPS beat(8)4
Avg EPS beat(8)5.28%
EPS beat(12)5
Avg EPS beat(12)1.63%
EPS beat(16)9
Avg EPS beat(16)10.7%
Revenue beat(2)2
Avg Revenue beat(2)13.41%
Min Revenue beat(2)9.22%
Max Revenue beat(2)17.6%
Revenue beat(4)4
Avg Revenue beat(4)21.72%
Min Revenue beat(4)9.22%
Max Revenue beat(4)36.47%
Revenue beat(8)8
Avg Revenue beat(8)22.75%
Revenue beat(12)12
Avg Revenue beat(12)34.51%
Revenue beat(16)16
Avg Revenue beat(16)36.68%
PT rev (1m)-14.52%
PT rev (3m)-19.42%
EPS NQ rev (1m)2.18%
EPS NQ rev (3m)12.58%
EPS NY rev (1m)-12.02%
EPS NY rev (3m)-20.62%
Revenue NQ rev (1m)8.71%
Revenue NQ rev (3m)4.53%
Revenue NY rev (1m)-2.4%
Revenue NY rev (3m)-1.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.61 | ||
| Fwd PE | 8.41 | ||
| P/S | 1.06 | ||
| P/FCF | 21.14 | ||
| P/OCF | 2.65 | ||
| P/B | 0.64 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 2.95 |
EPS(TTM)16.68
EY17.84%
EPS(NY)11.11
Fwd EY11.88%
FCF(TTM)4.42
FCFY4.73%
OCF(TTM)35.25
OCFY37.7%
SpS88.27
BVpS146.28
TBVpS137.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.49% | ||
| ROE | 9.71% | ||
| ROCE | 9.54% | ||
| ROIC | 7.29% | ||
| ROICexc | 7.31% | ||
| ROICexgc | 7.67% | ||
| OM | 20.62% | ||
| PM (TTM) | 16.1% | ||
| GM | 51.05% | ||
| FCFM | 5.01% |
ROA(3y)16.4%
ROA(5y)-22.23%
ROE(3y)23.16%
ROE(5y)-60.5%
ROIC(3y)15.7%
ROIC(5y)15.04%
ROICexc(3y)17%
ROICexc(5y)16.36%
ROICexgc(3y)17.12%
ROICexgc(5y)16.47%
ROCE(3y)20.55%
ROCE(5y)19.7%
ROICexcg growth 3Y-34.65%
ROICexcg growth 5Y32.44%
ROICexc growth 3Y-35.69%
ROICexc growth 5Y31.18%
OM growth 3Y-17.8%
OM growth 5Y20.31%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y-4.26%
GM growth 5Y-3.06%
F-Score4
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 3.2 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 165.57% | ||
| Cap/Sales | 34.93% | ||
| Interest Coverage | 21.87 | ||
| Cash Conversion | 95.73% | ||
| Profit Quality | 31.13% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 1.7 |
F-Score4
WACC10.32%
ROIC/WACC0.71
Cap/Depr(3y)173.67%
Cap/Depr(5y)227.89%
Cap/Sales(3y)27.34%
Cap/Sales(5y)32.88%
Profit Quality(3y)53.44%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.89%
EPS 3Y1.52%
EPS 5YN/A
EPS Q2Q%-33.52%
EPS Next Y-33.38%
EPS Next 2Y-15.06%
EPS Next 3Y-6.17%
EPS Next 5Y-3.28%
Revenue 1Y (TTM)34.76%
Revenue growth 3Y49.24%
Revenue growth 5Y20.44%
Sales Q2Q%50.79%
Revenue Next Year-6.18%
Revenue Next 2Y-2.74%
Revenue Next 3Y-1.03%
Revenue Next 5YN/A
EBIT growth 1Y-15.12%
EBIT growth 3Y22.68%
EBIT growth 5Y44.91%
EBIT Next Year114.13%
EBIT Next 3Y28.93%
EBIT Next 5Y22.79%
FCF growth 1Y-52.38%
FCF growth 3Y33.26%
FCF growth 5Y149.9%
OCF growth 1Y15.24%
OCF growth 3Y31.89%
OCF growth 5Y18.62%