CIVITAS RESOURCES INC (CIVI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
29.37 USD
+0.92 (+3.23%)
29.36 USD
-0.01 (-0.03%)
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. There are concerns on the financial health of CIVI while its profitability can be described as average. CIVI is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CIVI had positive earnings in the past year.
CIVI had a positive operating cash flow in the past year.
In the past 5 years CIVI has always been profitable.
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 has a better Return On Equity (9.55%) than 62.86% of its industry peers.
CIVI has a better Return On Invested Capital (8.28%) than 74.29% of its industry peers.
CIVI had an Average Return On Invested Capital over the past 3 years of 16.04%. This is significantly below the industry average of 21.41%.
The last Return On Invested Capital (8.28%) 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 | 4.22% | ||
| 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
CIVI has a Profit Margin of 13.54%. This is in the better half of the industry: CIVI outperforms 62.86% of its industry peers.
In the last couple of years the Profit Margin of CIVI has declined.
CIVI has a better Operating Margin (30.24%) than 74.29% of its industry peers.
CIVI's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 84.86%, CIVI belongs to the best of the industry, outperforming 93.33% 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CIVI is still creating some value.
Compared to 1 year ago, CIVI has about the same amount of shares outstanding.
The number of shares outstanding for CIVI has been increased compared to 5 years ago.
The debt/assets ratio for CIVI has been reduced compared to a year ago.
2.2 Solvency
CIVI has an Altman-Z score of 0.93. This is a bad value and indicates that CIVI is not financially healthy and even has some risk of bankruptcy.
CIVI's Altman-Z score of 0.93 is in line compared to the rest of the industry. CIVI outperforms 44.29% of its industry peers.
The Debt to FCF ratio of CIVI is 5.50, which is a neutral value as it means it would take CIVI, 5.50 years of fcf income to pay off all of its debts.
CIVI has a Debt to FCF ratio of 5.50. This is in the better half of the industry: CIVI outperforms 63.33% of its industry peers.
A Debt/Equity ratio of 0.77 indicates that CIVI is somewhat dependend on debt financing.
CIVI's Debt to Equity ratio of 0.77 is on the low side compared to the rest of the industry. CIVI is outperformed by 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Altman-Z | 0.93 |
ROIC/WACC0.86
WACC9.58%
2.3 Liquidity
CIVI has a Current 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 Current ratio value of 0.56, CIVI is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
A Quick Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
The Quick ratio of CIVI (0.56) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
CIVI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.03%.
CIVI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.79% yearly.
CIVI shows a decrease in Revenue. In the last year, the revenue decreased by -6.52%.
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
CIVI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.15% yearly.
The Revenue is expected to decrease by -1.26% on average over the next years.
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
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.54, the valuation of CIVI can be described as very cheap.
Based on the Price/Earnings ratio, CIVI is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CIVI to the average of the S&P500 Index (26.31), we can say CIVI is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.98, the valuation of CIVI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIVI indicates a rather cheap valuation: CIVI is cheaper than 92.86% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CIVI to the average of the S&P500 Index (36.59), we can say CIVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.54 | ||
| Fwd PE | 5.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CIVI is valued cheaply inside the industry as 96.67% of the companies are valued more expensively.
CIVI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CIVI is cheaper than 96.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.68 | ||
| EV/EBITDA | 2.2 |
4.3 Compensation for Growth
The decent profitability rating of CIVI may justify a higher PE ratio.
A cheap valuation may be justified as CIVI's earnings are expected to decrease with -7.71% in the coming years.
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y-24.33%
EPS Next 3Y-7.71%
5. Dividend
5.1 Amount
CIVI has a Yearly Dividend Yield of 7.26%, which is a nice return.
The stock price of CIVI dropped by -20.15% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
CIVI's Dividend Yield is a higher than the industry average which is at 5.90.
Compared to an average S&P500 Dividend Yield of 2.40, CIVI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.26% |
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%
29.37
+0.92 (+3.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners112.11%
Inst Owner Change-8.05%
Ins Owners0.88%
Ins Owner Change6.93%
Market Cap2.51B
Revenue(TTM)4.71B
Net Income(TTM)638.11M
Analysts74.55
Price Target39.39 (34.12%)
Short Float %10.4%
Short Ratio3.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.26% |
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)-6.95%
PT rev (3m)-9.87%
EPS NQ rev (1m)2.42%
EPS NQ rev (3m)-1.68%
EPS NY rev (1m)-1.41%
EPS NY rev (3m)-13.42%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)-3.61%
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.54 | ||
| Fwd PE | 5.98 | ||
| P/S | 0.53 | ||
| P/FCF | 2.68 | ||
| P/OCF | 0.92 | ||
| P/B | 0.37 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | 2.2 |
EPS(TTM)6.47
EY22.03%
EPS(NY)4.91
Fwd EY16.71%
FCF(TTM)10.95
FCFY37.27%
OCF(TTM)32.06
OCFY109.17%
SpS55.24
BVpS78.37
TBVpS78.37
PEG (NY)N/A
PEG (5Y)0.58
Graham Number106.81
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
WACC9.58%
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 4.54 and the Price/Book (PB) ratio is 0.37.
Can you provide the financial health for CIVI stock?
The financial health rating of CIVITAS RESOURCES INC (CIVI) is 3 / 10.