CIVITAS RESOURCES INC (CIVI) Stock Fundamental Analysis
USA - NYSE:CIVI - US17888H1032 - Common Stock
31.91 USD
-0.34 (-1.05%)
31.8 USD
-0.11 (-0.34%)
Overall CIVI gets a fundamental rating of 5 out of 10. We evaluated CIVI against 210 industry peers in the Oil, Gas & Consumable Fuels industry. CIVI has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on CIVI.
1. Profitability
1.1 Basic Checks
In the past year CIVI was profitable.
In the past year CIVI had a positive cash flow from operations.
Each year in the past 5 years CIVI has been profitable.
In the past 5 years CIVI always reported a positive cash flow from operatings.
1.2 Ratios
CIVI's Return On Assets of 4.91% is fine compared to the rest of the industry. CIVI outperforms 63.33% of its industry peers.
The Return On Equity of CIVI (11.14%) is better than 64.29% of its industry peers.
CIVI has a Return On Invested Capital of 8.54%. This is in the better half of the industry: CIVI outperforms 72.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CIVI is significantly below the industry average of 21.66%.
The last Return On Invested Capital (8.54%) for CIVI is well below the 3 year average (16.04%), which needs to be investigated, but indicates that CIVI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 11.14% | ||
| ROIC | 8.54% |
ROA(3y)8.94%
ROA(5y)7.65%
ROE(3y)16.19%
ROE(5y)12.46%
ROIC(3y)16.04%
ROIC(5y)11.52%
1.3 Margins
CIVI's Profit Margin of 15.72% is fine compared to the rest of the industry. CIVI outperforms 66.67% of its industry peers.
CIVI's Profit Margin has declined in the last couple of years.
CIVI's Operating Margin of 31.21% is fine compared to the rest of the industry. CIVI outperforms 75.24% of its industry peers.
In the last couple of years the Operating Margin of CIVI has declined.
Looking at the Gross Margin, with a value of 85.46%, CIVI belongs to the top of the industry, outperforming 92.38% of the companies in the same industry.
In the last couple of years the Gross Margin of CIVI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.21% | ||
| PM (TTM) | 15.72% | ||
| GM | 85.46% |
OM growth 3Y-12.18%
OM growth 5Y-4.42%
PM growth 3Y-5.72%
PM growth 5Y-5.54%
GM growth 3Y-1.66%
GM growth 5Y-0.03%
2. Health
2.1 Basic Checks
CIVI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CIVI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CIVI has been increased compared to 5 years ago.
CIVI has a better debt/assets ratio than last year.
2.2 Solvency
CIVI has an Altman-Z score of 0.95. This is a bad value and indicates that CIVI is not financially healthy and even has some risk of bankruptcy.
CIVI has a Altman-Z score (0.95) which is comparable to the rest of the industry.
The Debt to FCF ratio of CIVI is 6.25, which is on the high side as it means it would take CIVI, 6.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CIVI (6.25) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.79 indicates that CIVI is somewhat dependend on debt financing.
The Debt to Equity ratio of CIVI (0.79) is worse than 64.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 6.25 | ||
| Altman-Z | 0.95 |
ROIC/WACC0.9
WACC9.53%
2.3 Liquidity
CIVI has a Current Ratio of 0.62. This is a bad value and indicates that CIVI is not financially healthy enough and could expect problems in meeting its short term obligations.
CIVI has a Current ratio of 0.62. This is amonst the worse of the industry: CIVI underperforms 80.48% of its industry peers.
A Quick Ratio of 0.62 indicates that CIVI may have some problems paying its short term obligations.
CIVI has a worse Quick ratio (0.62) than 73.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for CIVI have decreased strongly by -38.74% in the last year.
The Earnings Per Share has been growing slightly by 7.79% on average over the past years.
The Revenue has been growing slightly by 0.24% in the past year.
CIVI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 75.45% yearly.
EPS 1Y (TTM)-38.74%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-51.94%
Revenue 1Y (TTM)0.24%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-19.48%
3.2 Future
The Earnings Per Share is expected to grow by 3.42% on average over the next years.
Based on estimates for the next years, CIVI will show a small growth in Revenue. The Revenue will grow by 0.00% on average per year.
EPS Next Y-32.33%
EPS Next 2Y-26.06%
EPS Next 3Y-10.45%
EPS Next 5Y3.42%
Revenue Next Year-11.74%
Revenue Next 2Y-7.84%
Revenue Next 3Y-3.15%
Revenue Next 5Y0%
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 decreasing.
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
CIVI is valuated cheaply with a Price/Earnings ratio of 4.89.
Based on the Price/Earnings ratio, CIVI is valued cheaper than 91.90% of the companies in the same industry.
CIVI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
The Price/Forward Earnings ratio is 6.81, which indicates a rather cheap valuation of CIVI.
Based on the Price/Forward Earnings ratio, CIVI is valued cheaply inside the industry as 88.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, CIVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.89 | ||
| Fwd PE | 6.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIVI indicates a rather cheap valuation: CIVI is cheaper than 94.29% of the companies listed in the same industry.
95.24% of the companies in the same industry are more expensive than CIVI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.43 | ||
| EV/EBITDA | 2.36 |
4.3 Compensation for Growth
CIVI has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CIVI's earnings are expected to decrease with -10.45% in the coming years.
PEG (NY)N/A
PEG (5Y)0.63
EPS Next 2Y-26.06%
EPS Next 3Y-10.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.09%, CIVI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.17, CIVI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, CIVI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
5.2 History
CIVI 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
38.77% of the earnings are spent on dividend by CIVI. This is a low number and sustainable payout ratio.
DP38.77%
EPS Next 2Y-26.06%
EPS Next 3Y-10.45%
31.91
-0.34 (-1.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners108.23%
Inst Owner Change4.34%
Ins Owners0.94%
Ins Owner Change11.25%
Market Cap2.96B
Analysts75.45
Price Target42.69 (33.78%)
Short Float %11.06%
Short Ratio4.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
Yearly Dividend5.26
Dividend Growth(5Y)N/A
DP38.77%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.48%
Min EPS beat(2)-9.02%
Max EPS beat(2)6.06%
EPS beat(4)1
Avg EPS beat(4)-4.21%
Min EPS beat(4)-11.77%
Max EPS beat(4)6.06%
EPS beat(8)3
Avg EPS beat(8)-3.3%
EPS beat(12)4
Avg EPS beat(12)0%
EPS beat(16)6
Avg EPS beat(16)-4.6%
Revenue beat(2)0
Avg Revenue beat(2)-4.34%
Min Revenue beat(2)-6.46%
Max Revenue beat(2)-2.21%
Revenue beat(4)0
Avg Revenue beat(4)-4.34%
Min Revenue beat(4)-6.46%
Max Revenue beat(4)-2.21%
Revenue beat(8)2
Avg Revenue beat(8)-3.34%
Revenue beat(12)5
Avg Revenue beat(12)-0.34%
Revenue beat(16)9
Avg Revenue beat(16)6.11%
PT rev (1m)-2.31%
PT rev (3m)0.03%
EPS NQ rev (1m)-11.2%
EPS NQ rev (3m)-42.83%
EPS NY rev (1m)-9.62%
EPS NY rev (3m)-2.26%
Revenue NQ rev (1m)-0.99%
Revenue NQ rev (3m)-10.74%
Revenue NY rev (1m)-2%
Revenue NY rev (3m)-2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.89 | ||
| Fwd PE | 6.81 | ||
| P/S | 0.61 | ||
| P/FCF | 3.43 | ||
| P/OCF | 1.09 | ||
| P/B | 0.44 | ||
| P/tB | 0.44 | ||
| EV/EBITDA | 2.36 |
EPS(TTM)6.53
EY20.46%
EPS(NY)4.69
Fwd EY14.68%
FCF(TTM)9.3
FCFY29.15%
OCF(TTM)29.25
OCFY91.66%
SpS51.97
BVpS73.32
TBVpS73.32
PEG (NY)N/A
PEG (5Y)0.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 11.14% | ||
| ROCE | 10.96% | ||
| ROIC | 8.54% | ||
| ROICexc | 8.59% | ||
| ROICexgc | 8.59% | ||
| OM | 31.21% | ||
| PM (TTM) | 15.72% | ||
| GM | 85.46% | ||
| FCFM | 17.9% |
ROA(3y)8.94%
ROA(5y)7.65%
ROE(3y)16.19%
ROE(5y)12.46%
ROIC(3y)16.04%
ROIC(5y)11.52%
ROICexc(3y)17.54%
ROICexc(5y)12.5%
ROICexgc(3y)17.54%
ROICexgc(5y)12.5%
ROCE(3y)20.58%
ROCE(5y)14.78%
ROICexcg growth 3Y17.11%
ROICexcg growth 5Y2.69%
ROICexc growth 3Y17.11%
ROICexc growth 5Y2.69%
OM growth 3Y-12.18%
OM growth 5Y-4.42%
PM growth 3Y-5.72%
PM growth 5Y-5.54%
GM growth 3Y-1.66%
GM growth 5Y-0.03%
F-Score5
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 6.25 | ||
| Debt/EBITDA | 1.53 | ||
| Cap/Depr | 91.74% | ||
| Cap/Sales | 38.38% | ||
| Interest Coverage | 3.65 | ||
| Cash Conversion | 77.04% | ||
| Profit Quality | 113.87% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.95 |
F-Score5
WACC9.53%
ROIC/WACC0.9
Cap/Depr(3y)134.44%
Cap/Depr(5y)108.13%
Cap/Sales(3y)40.46%
Cap/Sales(5y)33.41%
Profit Quality(3y)89.88%
Profit Quality(5y)85.9%
High Growth Momentum
Growth
EPS 1Y (TTM)-38.74%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-51.94%
EPS Next Y-32.33%
EPS Next 2Y-26.06%
EPS Next 3Y-10.45%
EPS Next 5Y3.42%
Revenue 1Y (TTM)0.24%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-19.48%
Revenue Next Year-11.74%
Revenue Next 2Y-7.84%
Revenue Next 3Y-3.15%
Revenue Next 5Y0%
EBIT growth 1Y-24.5%
EBIT growth 3Y55.9%
EBIT growth 5Y67.69%
EBIT Next Year99.88%
EBIT Next 3Y27.28%
EBIT Next 5Y18.86%
FCF growth 1Y43.77%
FCF growth 3Y94.29%
FCF growth 5YN/A
OCF growth 1Y29.16%
OCF growth 3Y118.52%
OCF growth 5Y66.4%