CIVITAS RESOURCES INC (CIVI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
27.19 USD
-0.31 (-1.13%)
27.23 USD
+0.04 (+0.15%)
Taking everything into account, CIVI scores 5 out of 10 in our fundamental rating. CIVI was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While CIVI is still in line with the averages on profitability rating, there are concerns on its financial health. CIVI has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
CIVI had positive earnings in the past year.
In the past year CIVI had a positive cash flow from operations.
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
With a Return On Assets value of 4.22%, CIVI perfoms like the industry average, outperforming 59.52% of the companies in the same industry.
CIVI has a better Return On Equity (9.55%) than 64.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.28%, CIVI is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CIVI is significantly below the industry average of 21.09%.
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 64.76% of its industry peers.
In the last couple of years the Profit Margin of CIVI has declined.
The Operating Margin of CIVI (30.24%) is better than 74.76% 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 92.86% 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
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
Based on the Altman-Z score of 0.92, we must say that CIVI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.92, CIVI is in line with its industry, outperforming 45.24% of the companies in the same industry.
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's Debt to FCF ratio of 5.50 is fine compared to the rest of the industry. CIVI outperforms 63.81% of its industry peers.
CIVI has a Debt/Equity ratio of 0.77. This is a neutral value indicating CIVI is somewhat dependend on debt financing.
CIVI has a worse Debt to Equity ratio (0.77) than 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 5.5 | ||
| Altman-Z | 0.92 |
ROIC/WACC0.86
WACC9.59%
2.3 Liquidity
A Current Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
CIVI has a Current ratio of 0.56. This is amonst the worse of the industry: CIVI underperforms 80.95% of its industry peers.
A Quick Ratio of 0.56 indicates that CIVI may have some problems paying its short term obligations.
With a Quick ratio value of 0.56, CIVI is not doing good in the industry: 77.14% 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
CIVI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.03%.
The Earnings Per Share has been growing slightly by 7.79% on average over the past years.
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
Based on estimates for the next years, CIVI will show a small growth in Earnings Per Share. The EPS will grow by 3.15% on average per year.
Based on estimates for the next years, CIVI will show a decrease in Revenue. The Revenue will decrease by -1.26% on average per year.
EPS Next Y-30.23%
EPS Next 2Y-23.2%
EPS Next 3Y-7%
EPS Next 5Y3.15%
Revenue Next Year-11.95%
Revenue Next 2Y-8.34%
Revenue Next 3Y-3.23%
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.
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 4.20.
Compared to the rest of the industry, the Price/Earnings ratio of CIVI indicates a rather cheap valuation: CIVI is cheaper than 95.24% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.50, CIVI is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.38, the valuation of CIVI can be described as very cheap.
CIVI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CIVI is cheaper than 94.29% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CIVI to the average of the S&P500 Index (23.93), we can say CIVI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.2 | ||
| Fwd PE | 5.38 |
4.2 Price Multiples
97.62% 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 cheaply inside the industry as 96.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.48 | ||
| EV/EBITDA | 2.17 |
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 -7.00% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y-23.2%
EPS Next 3Y-7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.41%, CIVI is a good candidate for dividend investing.
CIVI's Dividend Yield is rather good when compared to the industry average which is at 3.95. CIVI pays more dividend than 80.95% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, CIVI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.41% |
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-23.2%
EPS Next 3Y-7%
27.19
-0.31 (-1.13%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners112.74%
Inst Owner Change-8.03%
Ins Owners0.95%
Ins Owner Change3.8%
Market Cap2.32B
Revenue(TTM)4.71B
Net Income(TTM)638.11M
Analysts70.48
Price Target37.74 (38.8%)
Short Float %8.94%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.41% |
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)-10.38%
PT rev (3m)-11.6%
EPS NQ rev (1m)3.1%
EPS NQ rev (3m)7.93%
EPS NY rev (1m)7.63%
EPS NY rev (3m)7.59%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.2 | ||
| Fwd PE | 5.38 | ||
| P/S | 0.49 | ||
| P/FCF | 2.48 | ||
| P/OCF | 0.85 | ||
| P/B | 0.35 | ||
| P/tB | 0.35 | ||
| EV/EBITDA | 2.17 |
EPS(TTM)6.47
EY23.8%
EPS(NY)5.06
Fwd EY18.59%
FCF(TTM)10.95
FCFY40.26%
OCF(TTM)32.06
OCFY117.93%
SpS55.24
BVpS78.37
TBVpS78.37
PEG (NY)N/A
PEG (5Y)0.54
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 | 0.92 |
F-Score5
WACC9.59%
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-30.23%
EPS Next 2Y-23.2%
EPS Next 3Y-7%
EPS Next 5Y3.15%
Revenue 1Y (TTM)-6.52%
Revenue growth 3Y77.53%
Revenue growth 5Y75.45%
Sales Q2Q%-8.18%
Revenue Next Year-11.95%
Revenue Next 2Y-8.34%
Revenue Next 3Y-3.23%
Revenue Next 5Y-1.26%
EBIT growth 1Y-26.15%
EBIT growth 3Y55.9%
EBIT growth 5Y67.69%
EBIT Next Year100.69%
EBIT Next 3Y26.74%
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 4.2 and the Price/Book (PB) ratio is 0.35.
Can you provide the financial health for CIVI stock?
The financial health rating of CIVITAS RESOURCES INC (CIVI) is 3 / 10.