CIVEO CORP (CVEO) Stock Fundamental Analysis
NYSE:CVEO - New York Stock Exchange, Inc. - CA17878Y2078 - Common Stock - Currency: USD
Taking everything into account, CVEO scores 3 out of 10 in our fundamental rating. CVEO was compared to 83 industry peers in the Commercial Services & Supplies industry. CVEO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CVEO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CVEO had negative earnings in the past year.
CVEO had a positive operating cash flow in the past year.
In multiple years CVEO reported negative net income over the last 5 years.
CVEO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVEO has a Return On Assets of -5.14%. This is in the lower half of the industry: CVEO underperforms 67.47% of its industry peers.
CVEO has a worse Return On Equity (-9.87%) than 61.45% of its industry peers.
The Return On Invested Capital of CVEO (0.36%) is worse than 63.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CVEO is significantly below the industry average of 11.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.14% | ||
| ROE | -9.87% | ||
| ROIC | 0.36% |
ROA(3y)0.56%
ROA(5y)-3.36%
ROE(3y)0.98%
ROE(5y)-6.71%
ROIC(3y)3.1%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 0.26%, CVEO is doing worse than 63.86% of the companies in the same industry.
CVEO's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 21.70%, CVEO is not doing good in the industry: 71.08% of the companies in the same industry are doing better.
CVEO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.26% | ||
| PM (TTM) | N/A | ||
| GM | 21.7% |
OM growth 3Y-23.58%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.85%
GM growth 5Y-8.81%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CVEO is destroying value.
The number of shares outstanding for CVEO has been reduced compared to 1 year ago.
Compared to 5 years ago, CVEO has less shares outstanding
Compared to 1 year ago, CVEO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.67, we must say that CVEO is in the distress zone and has some risk of bankruptcy.
CVEO has a worse Altman-Z score (-0.67) than 84.34% of its industry peers.
CVEO has a debt to FCF ratio of 2.02. This is a good value and a sign of high solvency as CVEO would need 2.02 years to pay back of all of its debts.
CVEO has a better Debt to FCF ratio (2.02) than 79.52% of its industry peers.
CVEO has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.40, CVEO perfoms like the industry average, outperforming 57.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.02 | ||
| Altman-Z | -0.67 |
ROIC/WACC0.04
WACC10.32%
2.3 Liquidity
CVEO has a Current Ratio of 1.66. This is a normal value and indicates that CVEO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.66, CVEO is in line with its industry, outperforming 56.63% of the companies in the same industry.
CVEO has a Quick Ratio of 1.59. This is a normal value and indicates that CVEO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.59, CVEO is in the better half of the industry, outperforming 66.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.59 |
3. Growth
3.1 Past
The earnings per share for CVEO have decreased strongly by -1250.00% in the last year.
CVEO shows a decrease in Revenue. In the last year, the revenue decreased by -5.62%.
CVEO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.27% yearly.
EPS 1Y (TTM)-1250%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-105.71%
Revenue 1Y (TTM)-5.62%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-13.29%
3.2 Future
CVEO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 58.13% yearly.
Based on estimates for the next years, CVEO will show a small growth in Revenue. The Revenue will grow by 1.16% on average per year.
EPS Next Y70.08%
EPS Next 2Y58.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.08%
Revenue Next 2Y-1.48%
Revenue Next 3Y-2.08%
Revenue Next 5Y1.16%
3.3 Evolution
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
The Price/Earnings Ratio is negative for CVEO. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 36.91, CVEO can be considered very expensive at the moment.
CVEO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CVEO to the average of the S&P500 Index (21.60), we can say CVEO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVEO is valued cheaply inside the industry as 90.36% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVEO indicates a rather cheap valuation: CVEO is cheaper than 91.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.17 | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
CVEO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CVEO's earnings are expected to grow with 58.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.34%, CVEO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.45, CVEO pays a better dividend. On top of this CVEO pays more dividend than 92.77% of the companies listed in the same industry.
CVEO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
5.2 History
CVEO has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CVEO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-64.99%
EPS Next 2Y58.13%
EPS Next 3YN/A
23.09
+0.34 (+1.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners78.24%
Inst Owner Change-5.64%
Ins Owners4.8%
Ins Owner Change0.3%
Market Cap310.56M
Analysts85.71
Price Target28.05 (21.48%)
Short Float %2.37%
Short Ratio2.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend1.02
Dividend Growth(5Y)N/A
DP-64.99%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-141.58%
Min EPS beat(2)-294.55%
Max EPS beat(2)11.4%
EPS beat(4)2
Avg EPS beat(4)-383.63%
Min EPS beat(4)-1412.82%
Max EPS beat(4)161.44%
EPS beat(8)3
Avg EPS beat(8)-316.59%
EPS beat(12)5
Avg EPS beat(12)-221.73%
EPS beat(16)8
Avg EPS beat(16)581.2%
Revenue beat(2)0
Avg Revenue beat(2)-6.78%
Min Revenue beat(2)-8.89%
Max Revenue beat(2)-4.67%
Revenue beat(4)2
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-8.89%
Max Revenue beat(4)6.52%
Revenue beat(8)6
Avg Revenue beat(8)2.55%
Revenue beat(12)10
Avg Revenue beat(12)3.36%
Revenue beat(16)13
Avg Revenue beat(16)4.58%
PT rev (1m)0%
PT rev (3m)-12.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-50.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-167.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-10.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.91 | ||
| P/S | 0.47 | ||
| P/FCF | 7.17 | ||
| P/OCF | 4.5 | ||
| P/B | 1.41 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)-1.62
EYN/A
EPS(NY)0.63
Fwd EY2.71%
FCF(TTM)3.22
FCFY13.94%
OCF(TTM)5.14
OCFY22.24%
SpS49.07
BVpS16.41
TBVpS11.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.14% | ||
| ROE | -9.87% | ||
| ROCE | 0.49% | ||
| ROIC | 0.36% | ||
| ROICexc | 0.4% | ||
| ROICexgc | 0.51% | ||
| OM | 0.26% | ||
| PM (TTM) | N/A | ||
| GM | 21.7% | ||
| FCFM | 6.56% |
ROA(3y)0.56%
ROA(5y)-3.36%
ROE(3y)0.98%
ROE(5y)-6.71%
ROIC(3y)3.1%
ROIC(5y)N/A
ROICexc(3y)3.14%
ROICexc(5y)N/A
ROICexgc(3y)3.98%
ROICexgc(5y)N/A
ROCE(3y)4.21%
ROCE(5y)N/A
ROICexcg growth 3Y-2.14%
ROICexcg growth 5YN/A
ROICexc growth 3Y-4.08%
ROICexc growth 5YN/A
OM growth 3Y-23.58%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.85%
GM growth 5Y-8.81%
F-Score4
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 2.02 | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 38.2% | ||
| Cap/Sales | 3.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.82% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | -0.67 |
F-Score4
WACC10.32%
ROIC/WACC0.04
Cap/Depr(3y)36.55%
Cap/Depr(5y)27.78%
Cap/Sales(3y)4%
Cap/Sales(5y)3.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1250%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-105.71%
EPS Next Y70.08%
EPS Next 2Y58.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.62%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-13.29%
Revenue Next Year-7.08%
Revenue Next 2Y-1.48%
Revenue Next 3Y-2.08%
Revenue Next 5Y1.16%
EBIT growth 1Y-93.55%
EBIT growth 3Y-20%
EBIT growth 5YN/A
EBIT Next Year839.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.94%
FCF growth 3Y-7.67%
FCF growth 5Y5.12%
OCF growth 1Y-23.41%
OCF growth 3Y-1.92%
OCF growth 5Y2.31%