CIVEO CORP (CVEO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CVEO - CA17878Y2078 - Common Stock
25.06 USD
-0.19 (-0.75%)
We assign a fundamental rating of 2 out of 10 to CVEO. CVEO was compared to 80 industry peers in the Commercial Services & Supplies industry. CVEO may be in some trouble as it scores bad on both profitability and health. CVEO does not seem to be growing, but still is valued expensively.
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.
- The reported net income has been mixed in the past 5 years: CVEO reported negative net income in multiple years.
- CVEO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -5.83%, CVEO is doing worse than 63.75% of the companies in the same industry.
- The Return On Equity of CVEO (-15.67%) is worse than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.83% | ||
| ROE | -15.67% | ||
| ROIC | N/A |
ROA(3y)0.56%
ROA(5y)-3.36%
ROE(3y)0.98%
ROE(5y)-6.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- CVEO's Operating Margin has declined in the last couple of years.
- CVEO has a Gross Margin of 22.68%. This is in the lower half of the industry: CVEO underperforms 68.75% of its industry peers.
- CVEO's Gross Margin has declined in the last couple of years.
- The Profit Margin and Operating Margin are not available for CVEO so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 22.68% |
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
- CVEO does not have a ROIC to compare to the WACC, probably because it is not profitable.
- CVEO has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for CVEO has been reduced compared to 5 years ago.
- The debt/assets ratio for CVEO has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of -1.02, we must say that CVEO is in the distress zone and has some risk of bankruptcy.
- CVEO's Altman-Z score of -1.02 is on the low side compared to the rest of the industry. CVEO is outperformed by 82.50% of its industry peers.
- A Debt/Equity ratio of 1.03 is on the high side and indicates that CVEO has dependencies on debt financing.
- CVEO has a Debt to Equity ratio of 1.03. This is in the lower half of the industry: CVEO underperforms 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.02 |
ROIC/WACCN/A
WACC8.62%
2.3 Liquidity
- A Current Ratio of 1.64 indicates that CVEO should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.64, CVEO perfoms like the industry average, outperforming 58.75% of the companies in the same industry.
- A Quick Ratio of 1.57 indicates that CVEO should not have too much problems paying its short term obligations.
- CVEO has a better Quick ratio (1.57) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
- CVEO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -125.30%.
- CVEO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.51%.
- Measured over the past years, CVEO shows a small growth in Revenue. The Revenue has been growing by 5.27% on average per year.
EPS 1Y (TTM)-125.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%88.89%
Revenue 1Y (TTM)-10.51%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-3.32%
3.2 Future
- Based on estimates for the next years, CVEO will show a very strong growth in Earnings Per Share. The EPS will grow by 29.74% on average per year.
- 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 Y-28.52%
EPS Next 2Y43.9%
EPS Next 3Y29.74%
EPS Next 5YN/A
Revenue Next Year-6.78%
Revenue Next 2Y-2.25%
Revenue Next 3Y-0.18%
Revenue Next 5Y1.16%
3.3 Evolution
- 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
- CVEO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- A Price/Forward Earnings ratio of 283.47 indicates a quite expensive valuation of CVEO.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CVEO is on the same level as its industry peers.
- CVEO's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 283.47 |
4.2 Price Multiples
- CVEO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVEO is cheaper than 86.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.92 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as CVEO's earnings are expected to grow with 29.74% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.9%
EPS Next 3Y29.74%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.02%, CVEO is a good candidate for dividend investing.
- CVEO's Dividend Yield is rather good when compared to the industry average which is at 0.83. CVEO pays more dividend than 92.50% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, CVEO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.02% |
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-22.5%
EPS Next 2Y43.9%
EPS Next 3Y29.74%
CIVEO CORP / CVEO FAQ
Can you provide the ChartMill fundamental rating for CIVEO CORP?
ChartMill assigns a fundamental rating of 2 / 10 to CVEO.
What is the valuation status of CIVEO CORP (CVEO) stock?
ChartMill assigns a valuation rating of 2 / 10 to CIVEO CORP (CVEO). This can be considered as Overvalued.
How profitable is CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has a profitability rating of 1 / 10.
What is the earnings growth outlook for CIVEO CORP?
The Earnings per Share (EPS) of CIVEO CORP (CVEO) is expected to decline by -28.52% in the next year.