CVR ENERGY INC (CVI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CVI - US12662P1084 - Common Stock
22.97 USD
-0.68 (-2.88%)
23 USD
+0.03 (+0.13%)
We assign a fundamental rating of 4 out of 10 to CVI. CVI was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of CVI get a neutral evaluation. Nothing too spectacular is happening here. CVI is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CVI had negative earnings in the past year.
In the past year CVI had a positive cash flow from operations.
Of the past 5 years CVI 4 years were profitable.
In the past 5 years CVI always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.16%, CVI perfoms like the industry average, outperforming 58.17% of the companies in the same industry.
CVI has a better Return On Equity (19.76%) than 88.46% of its industry peers.
With a decent Return On Invested Capital value of 7.55%, CVI is doing good in the industry, outperforming 69.23% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CVI is in line with the industry average of 21.83%.
The last Return On Invested Capital (7.55%) for CVI is well below the 3 year average (20.33%), which needs to be investigated, but indicates that CVI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.76% | ||
| ROIC | 7.55% |
ROA(3y)9.25%
ROA(5y)4.39%
ROE(3y)59.66%
ROE(5y)31.68%
ROIC(3y)20.33%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.27%, CVI is in line with its industry, outperforming 40.87% of the companies in the same industry.
In the last couple of years the Profit Margin of CVI has declined.
CVI has a Operating Margin of 4.14%. This is in the lower half of the industry: CVI underperforms 66.35% of its industry peers.
CVI's Operating Margin has declined in the last couple of years.
CVI's Gross Margin of 6.32% is on the low side compared to the rest of the industry. CVI is outperformed by 73.56% of its industry peers.
In the last couple of years the Gross Margin of CVI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.14% | ||
| PM (TTM) | 2.27% | ||
| GM | 6.32% |
OM growth 3Y-15.04%
OM growth 5Y-39.04%
PM growth 3Y-35.65%
PM growth 5Y-56.6%
GM growth 3Y-3.63%
GM growth 5Y-29.44%
2. Health
2.1 Basic Checks
CVI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, CVI has about the same amount of shares outstanding.
The number of shares outstanding for CVI remains at a similar level compared to 5 years ago.
Compared to 1 year ago, CVI has an improved debt to assets ratio.
2.2 Solvency
CVI has an Altman-Z score of 2.50. This is not the best score and indicates that CVI is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.50, CVI is in the better half of the industry, outperforming 75.96% of the companies in the same industry.
CVI has a Debt/Equity ratio of 2.17. This is a high value indicating a heavy dependency on external financing.
CVI's Debt to Equity ratio of 2.17 is on the low side compared to the rest of the industry. CVI is outperformed by 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.5 |
ROIC/WACC0.95
WACC7.93%
2.3 Liquidity
CVI has a Current Ratio of 1.96. This is a normal value and indicates that CVI is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.96, CVI is doing good in the industry, outperforming 77.40% of the companies in the same industry.
A Quick Ratio of 1.28 indicates that CVI should not have too much problems paying its short term obligations.
The Quick ratio of CVI (1.28) is better than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
CVI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -292.86%.
Measured over the past years, CVI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -55.01% on average per year.
Looking at the last year, CVI shows a decrease in Revenue. The Revenue has decreased by -7.21% in the last year.
Measured over the past years, CVI shows a small growth in Revenue. The Revenue has been growing by 3.64% on average per year.
EPS 1Y (TTM)-292.86%
EPS 3Y-34.57%
EPS 5Y-55.01%
EPS Q2Q%180%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y1.67%
Revenue growth 5Y3.64%
Sales Q2Q%6.06%
3.2 Future
The Earnings Per Share is expected to grow by 31.41% on average over the next years. This is a very strong growth
Based on estimates for the next years, CVI will show a decrease in Revenue. The Revenue will decrease by -1.58% on average per year.
EPS Next Y-25.24%
EPS Next 2Y125.89%
EPS Next 3Y62.09%
EPS Next 5Y31.41%
Revenue Next Year-5.41%
Revenue Next 2Y-4.24%
Revenue Next 3Y-1.58%
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.
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 CVI. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 14.81, the valuation of CVI can be described as correct.
CVI's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.92. CVI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.81 |
4.2 Price Multiples
CVI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CVI is cheaper than 73.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.49 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CVI's earnings are expected to grow with 62.09% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y125.89%
EPS Next 3Y62.09%
5. Dividend
5.1 Amount
CVI has a Yearly Dividend Yield of 6.26%, which is a nice return.
The stock price of CVI dropped by -32.30% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.91, CVI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, CVI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
5.2 History
The dividend of CVI decreases each year by -13.18%.
CVI has paid a dividend for at least 10 years, which is a reliable track record.
CVI has decreased its dividend recently.
Dividend Growth(5Y)-13.18%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DP0%
EPS Next 2Y125.89%
EPS Next 3Y62.09%
22.97
-0.68 (-2.88%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.84%
Inst Owner Change0.07%
Ins OwnersN/A
Ins Owner Change0%
Market Cap2.31B
Revenue(TTM)7.30B
Net Income(TTM)166.00M
Analysts44.29
Price Target28.76 (25.21%)
Short Float %18.09%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
Yearly Dividend1.5
Dividend Growth(5Y)-13.18%
DP0%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-87.48%
Min EPS beat(2)-262.27%
Max EPS beat(2)87.31%
EPS beat(4)3
Avg EPS beat(4)-15.06%
Min EPS beat(4)-262.27%
Max EPS beat(4)87.31%
EPS beat(8)5
Avg EPS beat(8)-47.96%
EPS beat(12)8
Avg EPS beat(12)-25.19%
EPS beat(16)9
Avg EPS beat(16)-41.2%
Revenue beat(2)2
Avg Revenue beat(2)3.01%
Min Revenue beat(2)2.8%
Max Revenue beat(2)3.22%
Revenue beat(4)4
Avg Revenue beat(4)8.29%
Min Revenue beat(4)2.53%
Max Revenue beat(4)24.6%
Revenue beat(8)5
Avg Revenue beat(8)3.42%
Revenue beat(12)8
Avg Revenue beat(12)3.85%
Revenue beat(16)12
Avg Revenue beat(16)8.07%
PT rev (1m)-0.7%
PT rev (3m)4.44%
EPS NQ rev (1m)-37.31%
EPS NQ rev (3m)-266.15%
EPS NY rev (1m)1.59%
EPS NY rev (3m)1.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.02%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.81 | ||
| P/S | 0.32 | ||
| P/FCF | N/A | ||
| P/OCF | 9.54 | ||
| P/B | 2.75 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 5.49 |
EPS(TTM)-0.54
EYN/A
EPS(NY)1.55
Fwd EY6.75%
FCF(TTM)-1.45
FCFYN/A
OCF(TTM)2.41
OCFY10.48%
SpS72.6
BVpS8.36
TBVpS8.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.76% | ||
| ROCE | 9.33% | ||
| ROIC | 7.55% | ||
| ROICexc | 9.52% | ||
| ROICexgc | 9.52% | ||
| OM | 4.14% | ||
| PM (TTM) | 2.27% | ||
| GM | 6.32% | ||
| FCFM | N/A |
ROA(3y)9.25%
ROA(5y)4.39%
ROE(3y)59.66%
ROE(5y)31.68%
ROIC(3y)20.33%
ROIC(5y)N/A
ROICexc(3y)25.24%
ROICexc(5y)N/A
ROICexgc(3y)25.24%
ROICexgc(5y)N/A
ROCE(3y)25.12%
ROCE(5y)N/A
ROICexgc growth 3Y-12.81%
ROICexgc growth 5Y-34.25%
ROICexc growth 3Y-12.81%
ROICexc growth 5Y-34.25%
OM growth 3Y-15.04%
OM growth 5Y-39.04%
PM growth 3Y-35.65%
PM growth 5Y-56.6%
GM growth 3Y-3.63%
GM growth 5Y-29.44%
F-Score6
Asset Turnover1.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.88 | ||
| Cap/Depr | 116.87% | ||
| Cap/Sales | 5.32% | ||
| Interest Coverage | 2.25 | ||
| Cash Conversion | 38.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 2.5 |
F-Score6
WACC7.93%
ROIC/WACC0.95
Cap/Depr(3y)86.97%
Cap/Depr(5y)88.96%
Cap/Sales(3y)2.8%
Cap/Sales(5y)3.75%
Profit Quality(3y)898.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-292.86%
EPS 3Y-34.57%
EPS 5Y-55.01%
EPS Q2Q%180%
EPS Next Y-25.24%
EPS Next 2Y125.89%
EPS Next 3Y62.09%
EPS Next 5Y31.41%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y1.67%
Revenue growth 5Y3.64%
Sales Q2Q%6.06%
Revenue Next Year-5.41%
Revenue Next 2Y-4.24%
Revenue Next 3Y-1.58%
Revenue Next 5YN/A
EBIT growth 1Y86.42%
EBIT growth 3Y-13.62%
EBIT growth 5Y-36.82%
EBIT Next Year1051.14%
EBIT Next 3Y143.42%
EBIT Next 5Y99.22%
FCF growth 1Y-117.7%
FCF growth 3Y0.99%
FCF growth 5Y-21.8%
OCF growth 1Y-77.65%
OCF growth 3Y0.67%
OCF growth 5Y-11.57%
CVR ENERGY INC / CVI FAQ
Can you provide the ChartMill fundamental rating for CVR ENERGY INC?
ChartMill assigns a fundamental rating of 4 / 10 to CVI.
What is the valuation status of CVR ENERGY INC (CVI) stock?
ChartMill assigns a valuation rating of 2 / 10 to CVR ENERGY INC (CVI). This can be considered as Overvalued.
How profitable is CVR ENERGY INC (CVI) stock?
CVR ENERGY INC (CVI) has a profitability rating of 4 / 10.
Can you provide the dividend sustainability for CVI stock?
The dividend rating of CVR ENERGY INC (CVI) is 5 / 10 and the dividend payout ratio is 0%.