CIVITAS RESOURCES INC (CIVI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
27.41 USD
-0.14 (-0.51%)
27.41 USD
0 (0%)
CIVI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CIVI while its profitability can be described as average. CIVI has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year CIVI was profitable.
CIVI had a positive operating cash flow in the past year.
CIVI had positive earnings in each of the past 5 years.
CIVI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CIVI has a Return On Assets (4.22%) which is comparable to the rest of the industry.
CIVI's Return On Equity of 9.55% is fine compared to the rest of the industry. CIVI outperforms 61.43% of its industry peers.
CIVI has a Return On Invested Capital of 8.28%. This is in the better half of the industry: CIVI outperforms 74.29% 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 3 year average ROIC (16.04%) for CIVI is well above the current ROIC(8.28%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 9.55% | ||
| ROIC | 8.28% |
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
The Profit Margin of CIVI (13.54%) is better than 62.38% of its industry peers.
In the last couple of years the Profit Margin of CIVI has declined.
CIVI has a Operating Margin of 30.24%. This is in the better half of the industry: CIVI outperforms 73.81% of its industry peers.
CIVI's Operating Margin has declined in the last couple of years.
The Gross Margin of CIVI (84.86%) is better than 92.38% of its industry peers.
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 | 30.24% | ||
| PM (TTM) | 13.54% | ||
| GM | 84.86% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CIVI is creating some value.
CIVI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CIVI has more shares outstanding
Compared to 1 year ago, CIVI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.93, we must say that CIVI is in the distress zone and has some risk of bankruptcy.
CIVI has a Altman-Z score (0.93) which is in line with its industry peers.
CIVI has a debt to FCF ratio of 5.50. This is a neutral value as CIVI would need 5.50 years to pay back of all of its debts.
The Debt to FCF ratio of CIVI (5.50) is better than 62.86% of its industry peers.
A Debt/Equity ratio of 0.77 indicates that CIVI is somewhat dependend on debt financing.
The Debt to Equity ratio of CIVI (0.77) is worse than 64.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Altman-Z | 0.93 |
ROIC/WACC0.86
WACC9.6%
2.3 Liquidity
A Current Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
CIVI's Current ratio of 0.56 is on the low side compared to the rest of the industry. CIVI is outperformed by 82.86% of its industry peers.
CIVI has a Quick Ratio of 0.56. This is a bad value and indicates that CIVI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.56, CIVI is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The earnings per share for CIVI have decreased strongly by -28.03% in the last year.
CIVI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.79% yearly.
Looking at the last year, CIVI shows a decrease in Revenue. The Revenue has decreased by -6.52% in the last year.
Measured over the past years, CIVI shows a very strong growth in Revenue. The Revenue has been growing by 75.45% on average per year.
EPS 1Y (TTM)-28.03%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-3.02%
Revenue 1Y (TTM)-6.52%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-8.18%
3.2 Future
The Earnings Per Share is expected to grow by 3.15% on average over the next years.
CIVI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.26% yearly.
EPS Next Y-35.18%
EPS Next 2Y-24.33%
EPS Next 3Y-7.71%
EPS Next 5Y3.15%
Revenue Next Year-12.13%
Revenue Next 2Y-8.44%
Revenue Next 3Y-3.54%
Revenue Next 5Y-1.26%
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
CIVI is valuated cheaply with a Price/Earnings ratio of 4.24.
Based on the Price/Earnings ratio, CIVI is valued cheaply inside the industry as 93.81% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.45, CIVI is valued rather cheaply.
CIVI is valuated cheaply with a Price/Forward Earnings ratio of 5.59.
93.33% of the companies in the same industry are more expensive than CIVI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.46. CIVI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.24 | ||
| Fwd PE | 5.59 |
4.2 Price Multiples
96.67% of the companies in the same industry are more expensive than CIVI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CIVI is valued cheaper than 96.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.72 | ||
| EV/EBITDA | 2.24 |
4.3 Compensation for Growth
The decent profitability rating of CIVI may justify a higher PE ratio.
CIVI's earnings are expected to decrease with -7.71% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y-24.33%
EPS Next 3Y-7.71%
5. Dividend
5.1 Amount
CIVI has a Yearly Dividend Yield of 7.03%, which is a nice return.
CIVI's Dividend Yield is a higher than the industry average which is at 5.90.
CIVI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.03% |
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
29.56% of the earnings are spent on dividend by CIVI. This is a low number and sustainable payout ratio.
DP29.56%
EPS Next 2Y-24.33%
EPS Next 3Y-7.71%
27.41
-0.14 (-0.51%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners112.11%
Inst Owner Change-8.03%
Ins Owners0.88%
Ins Owner Change13.61%
Market Cap2.54B
Revenue(TTM)4.71B
Net Income(TTM)638.11M
Analysts74.55
Price Target42.11 (53.63%)
Short Float %10.4%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.03% |
Yearly Dividend5.26
Dividend Growth(5Y)N/A
DP29.56%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)20.1%
Min EPS beat(2)-9.02%
Max EPS beat(2)49.22%
EPS beat(4)2
Avg EPS beat(4)8.62%
Min EPS beat(4)-11.77%
Max EPS beat(4)49.22%
EPS beat(8)3
Avg EPS beat(8)-1.24%
EPS beat(12)5
Avg EPS beat(12)4.18%
EPS beat(16)6
Avg EPS beat(16)-2.17%
Revenue beat(2)0
Avg Revenue beat(2)-4.24%
Min Revenue beat(2)-6.46%
Max Revenue beat(2)-2.01%
Revenue beat(4)0
Avg Revenue beat(4)-3.33%
Min Revenue beat(4)-6.46%
Max Revenue beat(4)-2.01%
Revenue beat(8)1
Avg Revenue beat(8)-3.62%
Revenue beat(12)4
Avg Revenue beat(12)-1.86%
Revenue beat(16)8
Avg Revenue beat(16)4.81%
PT rev (1m)-0.52%
PT rev (3m)-3.64%
EPS NQ rev (1m)-0.85%
EPS NQ rev (3m)-19.24%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-13.42%
Revenue NQ rev (1m)-1.38%
Revenue NQ rev (3m)-6.48%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.24 | ||
| Fwd PE | 5.59 | ||
| P/S | 0.54 | ||
| P/FCF | 2.72 | ||
| P/OCF | 0.93 | ||
| P/B | 0.38 | ||
| P/tB | 0.38 | ||
| EV/EBITDA | 2.24 |
EPS(TTM)6.47
EY23.6%
EPS(NY)4.91
Fwd EY17.9%
FCF(TTM)10.08
FCFY36.76%
OCF(TTM)29.52
OCFY107.69%
SpS50.85
BVpS72.15
TBVpS72.15
PEG (NY)N/A
PEG (5Y)0.54
Graham Number102.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 9.55% | ||
| ROCE | 10.62% | ||
| ROIC | 8.28% | ||
| ROICexc | 8.32% | ||
| ROICexgc | 8.32% | ||
| OM | 30.24% | ||
| PM (TTM) | 13.54% | ||
| GM | 84.86% | ||
| FCFM | 19.82% |
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%
ROICexgc growth 3Y17.11%
ROICexgc 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 | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Debt/EBITDA | 1.51 | ||
| Cap/Depr | 90.63% | ||
| Cap/Sales | 38.23% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 80.15% | ||
| Profit Quality | 146.32% | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.93 |
F-Score5
WACC9.6%
ROIC/WACC0.86
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)-28.03%
EPS 3Y30.46%
EPS 5Y7.79%
EPS Q2Q%-3.02%
EPS Next Y-35.18%
EPS Next 2Y-24.33%
EPS Next 3Y-7.71%
EPS Next 5Y3.15%
Revenue 1Y (TTM)-6.52%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-8.18%
Revenue Next Year-12.13%
Revenue Next 2Y-8.44%
Revenue Next 3Y-3.54%
Revenue Next 5Y-1.26%
EBIT growth 1Y-26.15%
EBIT growth 3Y55.9%
EBIT growth 5Y67.69%
EBIT Next Year99.13%
EBIT Next 3Y28.05%
EBIT Next 5Y17.33%
FCF growth 1Y132.77%
FCF growth 3Y94.29%
FCF growth 5YN/A
OCF growth 1Y43.37%
OCF growth 3Y118.52%
OCF growth 5Y66.4%
CIVITAS RESOURCES INC / CIVI FAQ
What is the fundamental rating for CIVI stock?
ChartMill assigns a fundamental rating of 5 / 10 to CIVI.
What is the valuation status of CIVITAS RESOURCES INC (CIVI) stock?
ChartMill assigns a valuation rating of 8 / 10 to CIVITAS RESOURCES INC (CIVI). This can be considered as Undervalued.
How profitable is CIVITAS RESOURCES INC (CIVI) stock?
CIVITAS RESOURCES INC (CIVI) has a profitability rating of 6 / 10.
What are the PE and PB ratios of CIVITAS RESOURCES INC (CIVI) stock?
The Price/Earnings (PE) ratio for CIVITAS RESOURCES INC (CIVI) is 4.24 and the Price/Book (PB) ratio is 0.38.
Can you provide the financial health for CIVI stock?
The financial health rating of CIVITAS RESOURCES INC (CIVI) is 3 / 10.