CALLON PETROLEUM CO (CPE)
US13123X5086 - Common Stock
We assign a fundamental rating of 3 out of 10 to CPE. CPE was compared to 204 industry peers in the Oil, Gas & Consumable Fuels industry. CPE has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CPE was profitable.
CPE had a positive operating cash flow in the past year.
Of the past 5 years CPE 4 years were profitable.
In the past 5 years CPE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CPE (5.98%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 10.05%, CPE is doing worse than 63.38% of the companies in the same industry.
The Return On Invested Capital of CPE (9.88%) is comparable to the rest of the industry.
CPE had an Average Return On Invested Capital over the past 3 years of 16.07%. This is significantly below the industry average of 22.54%.
The 3 year average ROIC (16.07%) for CPE is well above the current ROIC(9.88%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 10.05% | ||
| ROIC | 9.88% |
ROA(3y)8.03%
ROA(5y)-6.64%
ROE(3y)15.66%
ROE(5y)-61.53%
ROIC(3y)16.07%
ROIC(5y)10.73%
1.3 Margins
With a Profit Margin value of 17.12%, CPE perfoms like the industry average, outperforming 51.64% of the companies in the same industry.
CPE's Profit Margin has declined in the last couple of years.
CPE's Operating Margin of 32.37% is in line compared to the rest of the industry. CPE outperforms 59.15% of its industry peers.
CPE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 65.17%, CPE is in the better half of the industry, outperforming 67.61% of the companies in the same industry.
In the last couple of years the Gross Margin of CPE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.37% | ||
| PM (TTM) | 17.12% | ||
| GM | 65.17% |
OM growth 3Y41.16%
OM growth 5Y-6.02%
PM growth 3YN/A
PM growth 5Y-19.25%
GM growth 3Y-2.42%
GM growth 5Y-4.53%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CPE is creating value.
The number of shares outstanding for CPE has been increased compared to 1 year ago.
CPE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CPE has an improved debt to assets ratio.
2.2 Solvency
CPE has an Altman-Z score of 1.14. This is a bad value and indicates that CPE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.14, CPE is in line with its industry, outperforming 44.60% of the companies in the same industry.
The Debt to FCF ratio of CPE is 15.53, which is on the high side as it means it would take CPE, 15.53 years of fcf income to pay off all of its debts.
CPE's Debt to FCF ratio of 15.53 is on the low side compared to the rest of the industry. CPE is outperformed by 63.85% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that CPE is not too dependend on debt financing.
CPE has a Debt to Equity ratio of 0.48. This is comparable to the rest of the industry: CPE outperforms 49.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 15.53 | ||
| Altman-Z | 1.14 |
ROIC/WACC1.24
WACC7.94%
2.3 Liquidity
CPE has a Current Ratio of 0.39. This is a bad value and indicates that CPE is not financially healthy enough and could expect problems in meeting its short term obligations.
CPE has a Current ratio of 0.39. This is amonst the worse of the industry: CPE underperforms 92.49% of its industry peers.
A Quick Ratio of 0.39 indicates that CPE may have some problems paying its short term obligations.
The Quick ratio of CPE (0.39) is worse than 88.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for CPE have decreased strongly by -49.21% in the last year.
Measured over the past years, CPE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.38% on average per year.
CPE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -27.48%.
CPE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.87% yearly.
EPS 1Y (TTM)-49.21%
EPS 3Y35.84%
EPS 5Y-1.38%
EPS Q2Q%-51.79%
Revenue 1Y (TTM)-27.48%
Revenue growth 3Y31.38%
Revenue growth 5Y31.87%
Sales Q2Q%-14.61%
3.2 Future
Based on estimates for the next years, CPE will show a small growth in Earnings Per Share. The EPS will grow by 1.18% on average per year.
CPE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.11% yearly.
EPS Next Y-14.59%
EPS Next 2Y1.06%
EPS Next 3Y1.18%
EPS Next 5YN/A
Revenue Next Year-0.66%
Revenue Next 2Y3.07%
Revenue Next 3Y2.11%
Revenue Next 5YN/A
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 accelerating.
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 4.85, the valuation of CPE can be described as very cheap.
CPE's Price/Earnings ratio is rather cheap when compared to the industry. CPE is cheaper than 88.26% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. CPE is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 5.68, the valuation of CPE can be described as very cheap.
Based on the Price/Forward Earnings ratio, CPE is valued cheaper than 88.73% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, CPE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.85 | ||
| Fwd PE | 5.68 |
4.2 Price Multiples
88.73% of the companies in the same industry are more expensive than CPE, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CPE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.25 | ||
| EV/EBITDA | 3.32 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.06%
EPS Next 3Y1.18%
5. Dividend
5.1 Amount
CPE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CALLON PETROLEUM CO
NYSE:CPE (3/28/2024, 8:04:00 PM)
After market: 35.95 +0.19 (+0.53%)35.76
+0.64 (+1.82%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.38B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.85 | ||
| Fwd PE | 5.68 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 10.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 32.37% | ||
| PM (TTM) | 17.12% | ||
| GM | 65.17% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-49.21%
EPS 3Y35.84%
EPS 5Y
EPS Q2Q%
EPS Next Y-14.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-27.48%
Revenue growth 3Y31.38%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y