CIVEO CORP (CVEO) Stock Fundamental Analysis
USA - NYSE:CVEO - CA17878Y2078 - Common Stock
22.83 USD
-0.37 (-1.59%)
22.83 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to CVEO. CVEO was compared to 84 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 has a expensive valuation and it also scores bad on growth.
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.
Each year in the past 5 years CVEO had a positive operating cash flow.
1.2 Ratios
CVEO has a Return On Assets of -6.55%. This is in the lower half of the industry: CVEO underperforms 71.43% of its industry peers.
CVEO has a worse Return On Equity (-15.91%) than 65.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | -15.91% | ||
| 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
In the last couple of years the Operating Margin of CVEO has declined.
Looking at the Gross Margin, with a value of 21.53%, CVEO is doing worse than 71.43% of the companies in the same industry.
In the last couple of years the Gross Margin of CVEO has declined.
CVEO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.53% |
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.
CVEO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CVEO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.93, we must say that CVEO is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.93, CVEO is doing worse than 80.95% of the companies in the same industry.
CVEO has a debt to FCF ratio of 17.88. This is a negative value and a sign of low solvency as CVEO would need 17.88 years to pay back of all of its debts.
With a Debt to FCF ratio value of 17.88, CVEO perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
CVEO has a Debt/Equity ratio of 0.81. This is a neutral value indicating CVEO is somewhat dependend on debt financing.
CVEO has a Debt to Equity ratio of 0.81. This is comparable to the rest of the industry: CVEO outperforms 40.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 17.88 | ||
| Altman-Z | -0.93 |
ROIC/WACCN/A
WACC8.82%
2.3 Liquidity
A Current Ratio of 1.51 indicates that CVEO should not have too much problems paying its short term obligations.
CVEO has a Current ratio of 1.51. This is comparable to the rest of the industry: CVEO outperforms 50.00% of its industry peers.
CVEO has a Quick Ratio of 1.45. This is a normal value and indicates that CVEO is financially healthy and should not expect problems in meeting its short term obligations.
CVEO has a Quick ratio (1.45) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The earnings per share for CVEO have decreased strongly by -1664.29% in the last year.
Looking at the last year, CVEO shows a very negative growth in Revenue. The Revenue has decreased by -10.60% in the last year.
The Revenue has been growing slightly by 5.27% on average over the past years.
EPS 1Y (TTM)-1664.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-101.79%
Revenue 1Y (TTM)-10.6%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-13.79%
3.2 Future
The Earnings Per Share is expected to grow by 49.64% on average over the next years. This is a very strong growth
CVEO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.16% yearly.
EPS Next Y16.77%
EPS Next 2Y49.64%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-6.58%
Revenue Next 2Y-1.62%
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.
The Price/Forward Earnings ratio is 76.30, which means the current valuation is very expensive for CVEO.
CVEO's Price/Forward Earnings is on the same level as the industry average.
CVEO's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 76.3 |
4.2 Price Multiples
82.14% of the companies in the same industry are more expensive than CVEO, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVEO indicates a somewhat cheap valuation: CVEO is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.38 | ||
| EV/EBITDA | 7.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CVEO does not grow enough to justify the current Price/Earnings ratio.
CVEO's earnings are expected to grow with 49.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y49.64%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.31%, CVEO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.26, CVEO pays a better dividend. On top of this CVEO pays more dividend than 94.05% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, CVEO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
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-31.49%
EPS Next 2Y49.64%
EPS Next 3YN/A
22.83
-0.37 (-1.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners83.7%
Inst Owner Change-5.61%
Ins Owners5.14%
Ins Owner Change0.19%
Market Cap286.52M
Analysts85.71
Price Target28.05 (22.86%)
Short Float %2.85%
Short Ratio4.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Yearly Dividend1.02
Dividend Growth(5Y)N/A
DP-31.49%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)40.99%
Min EPS beat(2)11.4%
Max EPS beat(2)70.59%
EPS beat(4)2
Avg EPS beat(4)-406.35%
Min EPS beat(4)-1412.82%
Max EPS beat(4)70.59%
EPS beat(8)4
Avg EPS beat(8)-307.25%
EPS beat(12)5
Avg EPS beat(12)-216.08%
EPS beat(16)8
Avg EPS beat(16)557.39%
Revenue beat(2)0
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-4.67%
Max Revenue beat(2)-2.14%
Revenue beat(4)1
Avg Revenue beat(4)-3.31%
Min Revenue beat(4)-8.89%
Max Revenue beat(4)2.44%
Revenue beat(8)5
Avg Revenue beat(8)2.16%
Revenue beat(12)9
Avg Revenue beat(12)2.99%
Revenue beat(16)12
Avg Revenue beat(16)3.78%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-178.18%
EPS NY rev (3m)-178.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.24%
Revenue NY rev (1m)1%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 76.3 | ||
| P/S | 0.45 | ||
| P/FCF | 30.38 | ||
| P/OCF | 8.33 | ||
| P/B | 1.37 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 7.39 |
EPS(TTM)-2.19
EYN/A
EPS(NY)0.3
Fwd EY1.31%
FCF(TTM)0.75
FCFY3.29%
OCF(TTM)2.74
OCFY12.01%
SpS50.52
BVpS16.69
TBVpS10.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | -15.91% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.53% | ||
| FCFM | 1.49% |
ROA(3y)0.56%
ROA(5y)-3.36%
ROE(3y)0.98%
ROE(5y)-6.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)4.21%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
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-Score3
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 17.88 | ||
| Debt/EBITDA | 2.83 | ||
| Cap/Depr | 36.58% | ||
| Cap/Sales | 3.94% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 57.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | -0.93 |
F-Score3
WACC8.82%
ROIC/WACCN/A
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)-1664.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-101.79%
EPS Next Y16.77%
EPS Next 2Y49.64%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-10.6%
Revenue growth 3Y4.69%
Revenue growth 5Y5.27%
Sales Q2Q%-13.79%
Revenue Next Year-6.58%
Revenue Next 2Y-1.62%
Revenue Next 3Y-2.08%
Revenue Next 5Y1.16%
EBIT growth 1Y-129.89%
EBIT growth 3Y-20%
EBIT growth 5YN/A
EBIT Next Year865.47%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-84.15%
FCF growth 3Y-7.67%
FCF growth 5Y5.12%
OCF growth 1Y-60.9%
OCF growth 3Y-1.92%
OCF growth 5Y2.31%