CMB TECH NV (CMBT) Stock Fundamental Analysis
USA - NYSE:CMBT - BE0003816338 - Common Stock
9.2 USD
-0.31 (-3.26%)
9.22 USD
+0.02 (+0.22%)
Taking everything into account, CMBT scores 4 out of 10 in our fundamental rating. CMBT was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CMBT while its profitability can be described as average. CMBT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CMBT was profitable.
In the past year CMBT had a positive cash flow from operations.
CMBT had positive earnings in 4 of the past 5 years.
CMBT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CMBT's Return On Assets of 4.58% is in line compared to the rest of the industry. CMBT outperforms 60.00% of its industry peers.
CMBT has a better Return On Equity (29.01%) than 91.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, CMBT is doing worse than 62.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CMBT is significantly below the industry average of 21.66%.
The last Return On Invested Capital (4.07%) for CMBT is well below the 3 year average (9.43%), which needs to be investigated, but indicates that CMBT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 29.01% | ||
| ROIC | 4.07% |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.43%
ROIC(5y)N/A
1.3 Margins
CMBT has a Profit Margin of 25.21%. This is amongst the best in the industry. CMBT outperforms 81.43% of its industry peers.
In the last couple of years the Profit Margin of CMBT has grown nicely.
CMBT has a Operating Margin of 25.71%. This is in the better half of the industry: CMBT outperforms 61.90% of its industry peers.
In the last couple of years the Operating Margin of CMBT has grown nicely.
The Gross Margin of CMBT (54.54%) is better than 63.33% of its industry peers.
In the last couple of years the Gross Margin of CMBT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.71% | ||
| PM (TTM) | 25.21% | ||
| GM | 54.54% |
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMBT is still creating some value.
Compared to 1 year ago, CMBT has less shares outstanding
Compared to 5 years ago, CMBT has less shares outstanding
Compared to 1 year ago, CMBT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that CMBT is in the distress zone and has some risk of bankruptcy.
CMBT's Altman-Z score of 0.72 is in line compared to the rest of the industry. CMBT outperforms 40.95% of its industry peers.
A Debt/Equity ratio of 3.82 is on the high side and indicates that CMBT has dependencies on debt financing.
CMBT has a worse Debt to Equity ratio (3.82) than 87.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.82 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.55
WACC7.41%
2.3 Liquidity
CMBT has a Current Ratio of 0.82. This is a bad value and indicates that CMBT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CMBT (0.82) is worse than 65.71% of its industry peers.
A Quick Ratio of 0.75 indicates that CMBT may have some problems paying its short term obligations.
CMBT has a worse Quick ratio (0.75) than 63.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
CMBT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -99.67%.
The Earnings Per Share has been growing by 43.41% on average over the past years. This is a very strong growth
CMBT shows a decrease in Revenue. In the last year, the revenue decreased by -1.96%.
Measured over the past years, CMBT shows a small growth in Revenue. The Revenue has been growing by 0.55% on average per year.
EPS 1Y (TTM)-99.67%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-127.37%
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%53.89%
3.2 Future
CMBT is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -39.46% yearly.
CMBT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 31.58% yearly.
EPS Next Y-68.44%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
EPS Next 5YN/A
Revenue Next Year45.47%
Revenue Next 2Y36.6%
Revenue Next 3Y31.58%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 460.00, the valuation of CMBT can be described as expensive.
Based on the Price/Earnings ratio, CMBT is valued a bit more expensive than 68.57% of the companies in the same industry.
CMBT is valuated expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
CMBT is valuated cheaply with a Price/Forward Earnings ratio of 4.84.
Based on the Price/Forward Earnings ratio, CMBT is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
CMBT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 460 | ||
| Fwd PE | 4.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMBT is valued a bit more expensive than 61.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.24 |
4.3 Compensation for Growth
CMBT has a very decent profitability rating, which may justify a higher PE ratio.
CMBT's earnings are expected to decrease with -39.46% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)10.6
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
5. Dividend
5.1 Amount
With a yearly dividend of 0.52%, CMBT is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.18, CMBT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, CMBT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
On average, the dividend of CMBT grows each year by 116.35%, which is quite nice.
CMBT has been paying a dividend for over 5 years, so it has already some track record.
CMBT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)116.35%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
59.41% of the earnings are spent on dividend by CMBT. This is a bit on the high side, but may be sustainable.
The Dividend Rate of CMBT has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP59.41%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
9.2
-0.31 (-3.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.21%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.91B
Analysts82
Price Target11.24 (22.17%)
Short Float %4.5%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend5.68
Dividend Growth(5Y)116.35%
DP59.41%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-173.53%
Min EPS beat(2)-198.04%
Max EPS beat(2)-149.02%
EPS beat(4)0
Avg EPS beat(4)-100.08%
Min EPS beat(4)-198.04%
Max EPS beat(4)-3.67%
EPS beat(8)4
Avg EPS beat(8)61.43%
EPS beat(12)7
Avg EPS beat(12)47.26%
EPS beat(16)10
Avg EPS beat(16)41.59%
Revenue beat(2)1
Avg Revenue beat(2)18.49%
Min Revenue beat(2)-9.81%
Max Revenue beat(2)46.8%
Revenue beat(4)3
Avg Revenue beat(4)13.62%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)46.8%
Revenue beat(8)6
Avg Revenue beat(8)20.12%
Revenue beat(12)10
Avg Revenue beat(12)34.18%
Revenue beat(16)14
Avg Revenue beat(16)38.38%
PT rev (1m)-8.24%
PT rev (3m)-10.63%
EPS NQ rev (1m)-97.37%
EPS NQ rev (3m)-97.22%
EPS NY rev (1m)2.05%
EPS NY rev (3m)2.05%
Revenue NQ rev (1m)22.04%
Revenue NQ rev (3m)45.64%
Revenue NY rev (1m)10.92%
Revenue NY rev (3m)35.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 460 | ||
| Fwd PE | 4.84 | ||
| P/S | 1.9 | ||
| P/FCF | N/A | ||
| P/OCF | 10.78 | ||
| P/B | 2.19 | ||
| P/tB | 2.55 | ||
| EV/EBITDA | 13.24 |
EPS(TTM)0.02
EY0.22%
EPS(NY)1.9
Fwd EY20.65%
FCF(TTM)-3.02
FCFYN/A
OCF(TTM)0.85
OCFY9.28%
SpS4.83
BVpS4.2
TBVpS3.6
PEG (NY)N/A
PEG (5Y)10.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 29.01% | ||
| ROCE | 5.15% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 4.26% | ||
| OM | 25.71% | ||
| PM (TTM) | 25.21% | ||
| GM | 54.54% | ||
| FCFM | N/A |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.43%
ROIC(5y)N/A
ROICexc(3y)10.41%
ROICexc(5y)N/A
ROICexgc(3y)10.46%
ROICexgc(5y)N/A
ROCE(3y)11.93%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y15.98%
ROICexc growth 3YN/A
ROICexc growth 5Y15.87%
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
F-Score2
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.82 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.9 | ||
| Cap/Depr | 492% | ||
| Cap/Sales | 80.04% | ||
| Interest Coverage | 1.85 | ||
| Cash Conversion | 42.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 0.72 |
F-Score2
WACC7.41%
ROIC/WACC0.55
Cap/Depr(3y)357.13%
Cap/Depr(5y)252.34%
Cap/Sales(3y)69.97%
Cap/Sales(5y)65.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-99.67%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-127.37%
EPS Next Y-68.44%
EPS Next 2Y-28.34%
EPS Next 3Y-39.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.96%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%53.89%
Revenue Next Year45.47%
Revenue Next 2Y36.6%
Revenue Next 3Y31.58%
Revenue Next 5YN/A
EBIT growth 1Y-41.59%
EBIT growth 3YN/A
EBIT growth 5Y15.35%
EBIT Next Year67.95%
EBIT Next 3Y22.95%
EBIT Next 5YN/A
FCF growth 1Y-427.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-54.74%
OCF growth 3YN/A
OCF growth 5Y11.04%