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. While CVEO seems to be doing ok healthwise, there are quite some concerns on its profitability. CVEO is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CVEO has reported negative net income.
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.
In the past 5 years CVEO always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CVEO (-4.21%) is worse than 66.27% of its industry peers.
Looking at the Return On Equity, with a value of -7.22%, CVEO is in line with its industry, outperforming 40.96% of the companies in the same industry.
With a Return On Invested Capital value of 1.69%, CVEO is not doing good in the industry: 63.86% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for CVEO is significantly below the industry average of 10.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.21% | ||
| ROE | -7.22% | ||
| ROIC | 1.69% |
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
The Operating Margin of CVEO (1.05%) is worse than 63.86% of its industry peers.
In the last couple of years the Operating Margin of CVEO has declined.
With a Gross Margin value of 21.91%, CVEO is not doing good in the industry: 67.47% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CVEO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.05% | ||
| PM (TTM) | N/A | ||
| GM | 21.91% |
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 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CVEO has less shares outstanding
CVEO has less shares outstanding than it did 5 years ago.
CVEO has a better debt/assets ratio than last year.
2.2 Solvency
CVEO has an Altman-Z score of -0.64. This is a bad value and indicates that CVEO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.64, CVEO is not doing good in the industry: 81.93% of the companies in the same industry are doing better.
The Debt to FCF ratio of CVEO is 0.75, which is an excellent value as it means it would take CVEO, only 0.75 years of fcf income to pay off all of its debts.
CVEO has a better Debt to FCF ratio (0.75) than 85.54% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that CVEO is not too dependend on debt financing.
CVEO has a better Debt to Equity ratio (0.18) than 69.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.75 | ||
| Altman-Z | -0.64 |
ROIC/WACC0.19
WACC8.67%
2.3 Liquidity
CVEO has a Current Ratio of 1.19. 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 1.19, CVEO is doing worse than 69.88% of the companies in the same industry.
A Quick Ratio of 1.11 indicates that CVEO should not have too much problems paying its short term obligations.
CVEO has a Quick ratio of 1.11. This is in the lower half of the industry: CVEO underperforms 63.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
CVEO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -557.89%.
CVEO shows a decrease in Revenue. In the last year, the revenue decreased by -2.67%.
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)-557.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-61.76%
Revenue 1Y (TTM)-2.67%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-11.62%
3.2 Future
The Earnings Per Share is expected to grow by 62.71% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.16% on average over the next years.
EPS Next Y91.84%
EPS Next 2Y62.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.44%
Revenue Next 2Y-0.49%
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
CVEO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CVEO. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
CVEO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVEO is cheaper than 91.57% of the companies in the same industry.
95.18% of the companies in the same industry are more expensive than CVEO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.68 | ||
| EV/EBITDA | 4.08 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CVEO's earnings are expected to grow with 62.71% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.71%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, CVEO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.58, CVEO pays a better dividend. On top of this CVEO pays more dividend than 95.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.52, CVEO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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-84.5%
EPS Next 2Y62.71%
EPS Next 3YN/A
19.68
+0.27 (+1.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners74.76%
Inst Owner Change0%
Ins Owners4.13%
Ins Owner Change0.12%
Market Cap266.66M
Analysts85.71
Price Target30.6 (55.49%)
Short Float %1.37%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend1.02
Dividend Growth(5Y)N/A
DP-84.5%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-853.69%
Min EPS beat(2)-1412.82%
Max EPS beat(2)-294.55%
EPS beat(4)1
Avg EPS beat(4)-405.1%
Min EPS beat(4)-1412.82%
Max EPS beat(4)161.44%
EPS beat(8)2
Avg EPS beat(8)-325.31%
EPS beat(12)5
Avg EPS beat(12)-212.34%
EPS beat(16)7
Avg EPS beat(16)579.08%
Revenue beat(2)1
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-8.89%
Max Revenue beat(2)2.44%
Revenue beat(4)3
Avg Revenue beat(4)1.33%
Min Revenue beat(4)-8.89%
Max Revenue beat(4)6.52%
Revenue beat(8)7
Avg Revenue beat(8)3.71%
Revenue beat(12)11
Avg Revenue beat(12)4.94%
Revenue beat(16)13
Avg Revenue beat(16)4.75%
PT rev (1m)-4.76%
PT rev (3m)-7.69%
EPS NQ rev (1m)-49.06%
EPS NQ rev (3m)-2054.35%
EPS NY rev (1m)-118.52%
EPS NY rev (3m)-118.52%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-15.62%
Revenue NY rev (1m)-8.83%
Revenue NY rev (3m)-8.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.39 | ||
| P/FCF | 4.68 | ||
| P/OCF | 3.22 | ||
| P/B | 1.14 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 4.08 |
EPS(TTM)-1.25
EYN/A
EPS(NY)-0.1
Fwd EYN/A
FCF(TTM)4.2
FCFY21.36%
OCF(TTM)6.12
OCFY31.09%
SpS49.97
BVpS17.32
TBVpS11.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.21% | ||
| ROE | -7.22% | ||
| ROCE | 2.29% | ||
| ROIC | 1.69% | ||
| ROICexc | 1.72% | ||
| ROICexgc | 2.26% | ||
| OM | 1.05% | ||
| PM (TTM) | N/A | ||
| GM | 21.91% | ||
| FCFM | 8.41% |
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-Score5
Asset Turnover1.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.75 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 38.42% | ||
| Cap/Sales | 3.83% | ||
| Interest Coverage | 1.31 | ||
| Cash Conversion | 111.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | -0.64 |
F-Score5
WACC8.67%
ROIC/WACC0.19
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)-557.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-61.76%
EPS Next Y91.84%
EPS Next 2Y62.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.67%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-11.62%
Revenue Next Year-5.44%
Revenue Next 2Y-0.49%
Revenue Next 3Y-2.08%
Revenue Next 5Y1.16%
EBIT growth 1Y-67.83%
EBIT growth 3Y-20%
EBIT growth 5YN/A
EBIT Next Year841.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-11.64%
FCF growth 3Y-7.67%
FCF growth 5Y5.12%
OCF growth 1Y-13.52%
OCF growth 3Y-1.92%
OCF growth 5Y2.31%