ECOPETROL SA-SPONSORED ADR (EC) Stock Fundamental Analysis
NYSE:EC - New York Stock Exchange, Inc. - US2791581091 - ADR - Currency: USD
Taking everything into account, EC scores 3 out of 10 in our fundamental rating. EC was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. EC has a medium profitability rating, but doesn't score so well on its financial health evaluation. EC is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
EC had positive earnings in each of the past 5 years.
In the past 5 years EC always reported a positive cash flow from operatings.
1.2 Ratios
EC has a Return On Assets of 4.96%. This is comparable to the rest of the industry: EC outperforms 55.66% of its industry peers.
EC has a Return On Equity of 17.84%. This is in the better half of the industry: EC outperforms 75.00% of its industry peers.
With a decent Return On Invested Capital value of 8.79%, EC is doing good in the industry, outperforming 67.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EC is significantly below the industry average of 27.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 17.84% | ||
| ROIC | 8.79% |
ROA(3y)7.54%
ROA(5y)6.13%
ROE(3y)26.29%
ROE(5y)21.07%
ROIC(3y)11.93%
ROIC(5y)9.62%
1.3 Margins
With a Profit Margin value of 11.20%, EC perfoms like the industry average, outperforming 55.66% of the companies in the same industry.
In the last couple of years the Profit Margin of EC has declined.
The Operating Margin of EC (27.21%) is better than 62.26% of its industry peers.
In the last couple of years the Operating Margin of EC has declined.
EC has a Gross Margin of 35.14%. This is comparable to the rest of the industry: EC outperforms 43.40% of its industry peers.
EC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.21% | ||
| PM (TTM) | 11.2% | ||
| GM | 35.14% |
OM growth 3Y-5.74%
OM growth 5Y-2.03%
PM growth 3Y-14.93%
PM growth 5Y-9.75%
GM growth 3Y-3.76%
GM growth 5Y-0.78%
2. Health
2.1 Basic Checks
EC has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for EC remains at a similar level compared to 5 years ago.
Compared to 1 year ago, EC has a worse debt to assets ratio.
2.2 Solvency
EC has a debt to FCF ratio of 5.14. This is a neutral value as EC would need 5.14 years to pay back of all of its debts.
The Debt to FCF ratio of EC (5.14) is better than 65.57% of its industry peers.
A Debt/Equity ratio of 1.31 is on the high side and indicates that EC has dependencies on debt financing.
The Debt to Equity ratio of EC (1.31) is worse than 74.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 5.14 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
EC has a Current Ratio of 1.53. This is a normal value and indicates that EC is financially healthy and should not expect problems in meeting its short term obligations.
EC has a Current ratio of 1.53. This is in the better half of the industry: EC outperforms 67.45% of its industry peers.
EC has a Quick Ratio of 1.28. This is a normal value and indicates that EC is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.28, EC is doing good in the industry, outperforming 66.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The earnings per share for EC have decreased strongly by -21.66% in the last year.
EC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.42% yearly.
The Revenue has decreased by -6.82% in the past year.
Measured over the past years, EC shows a quite strong growth in Revenue. The Revenue has been growing by 13.48% on average per year.
EPS 1Y (TTM)-21.66%
EPS 3Y-3.65%
EPS 5Y2.42%
EPS Q2Q%-8.51%
Revenue 1Y (TTM)-6.82%
Revenue growth 3Y13.27%
Revenue growth 5Y13.48%
Sales Q2Q%-0.01%
3.2 Future
EC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.64% yearly.
Based on estimates for the next years, EC will show a decrease in Revenue. The Revenue will decrease by -0.40% on average per year.
EPS Next Y-25.31%
EPS Next 2Y-11.8%
EPS Next 3Y-23.64%
EPS Next 5YN/A
Revenue Next Year3.14%
Revenue Next 2Y-0.4%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as EC's earnings are expected to decrease with -23.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.8%
EPS Next 3Y-23.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.23%, EC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.41, EC pays a better dividend. On top of this EC pays more dividend than 90.57% of the companies listed in the same industry.
EC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.23% |
5.2 History
The dividend of EC has a limited annual growth rate of 2.34%.
EC has paid a dividend for at least 10 years, which is a reliable track record.
EC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.34%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
104.22% of the earnings are spent on dividend by EC. This is not a sustainable payout ratio.
The Dividend Rate of EC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP104.22%
EPS Next 2Y-11.8%
EPS Next 3Y-23.64%
9.29
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners5.38%
Inst Owner Change0.9%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.10B
Analysts48.33
Price TargetN/A
Short Float %5.54%
Short Ratio4.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.23% |
Yearly DividendN/A
Dividend Growth(5Y)2.34%
DP104.22%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)28.16%
Min EPS beat(2)-2.66%
Max EPS beat(2)58.98%
EPS beat(4)1
Avg EPS beat(4)6.13%
Min EPS beat(4)-17.84%
Max EPS beat(4)58.98%
EPS beat(8)4
Avg EPS beat(8)6.7%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3%
Min Revenue beat(2)2.62%
Max Revenue beat(2)3.39%
Revenue beat(4)2
Avg Revenue beat(4)-1.92%
Min Revenue beat(4)-8.44%
Max Revenue beat(4)3.39%
Revenue beat(8)2
Avg Revenue beat(8)-4.68%
Revenue beat(12)2
Avg Revenue beat(12)-30.44%
Revenue beat(16)5
Avg Revenue beat(16)-20.96%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-28.73%
EPS NQ rev (3m)-31.04%
EPS NY rev (1m)-10.58%
EPS NY rev (3m)-15.68%
Revenue NQ rev (1m)-6.48%
Revenue NQ rev (3m)-4.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | N/A | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)N/A
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpSN/A
BVpSN/A
TBVpSN/A
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 17.84% | ||
| ROCE | 13.86% | ||
| ROIC | 8.79% | ||
| ROICexc | 9.34% | ||
| ROICexgc | 10.22% | ||
| OM | 27.21% | ||
| PM (TTM) | 11.2% | ||
| GM | 35.14% | ||
| FCFM | 17.49% |
ROA(3y)7.54%
ROA(5y)6.13%
ROE(3y)26.29%
ROE(5y)21.07%
ROIC(3y)11.93%
ROIC(5y)9.62%
ROICexc(3y)12.75%
ROICexc(5y)10.3%
ROICexgc(3y)14.04%
ROICexgc(5y)11.3%
ROCE(3y)18.81%
ROCE(5y)15.16%
ROICexcg growth 3Y-1.35%
ROICexcg growth 5Y-4.89%
ROICexc growth 3Y-0.94%
ROICexc growth 5Y-6.34%
OM growth 3Y-5.74%
OM growth 5Y-2.03%
PM growth 3Y-14.93%
PM growth 5Y-9.75%
GM growth 3Y-3.76%
GM growth 5Y-0.78%
F-Score4
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 5.14 | ||
| Debt/EBITDA | 2.13 | ||
| Cap/Depr | 143.5% | ||
| Cap/Sales | 16.36% | ||
| Interest Coverage | 4.82 | ||
| Cash Conversion | 87.67% | ||
| Profit Quality | 156.14% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | N/A |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)166.1%
Cap/Depr(5y)149.71%
Cap/Sales(3y)15.64%
Cap/Sales(5y)16.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.66%
EPS 3Y-3.65%
EPS 5Y2.42%
EPS Q2Q%-8.51%
EPS Next Y-25.31%
EPS Next 2Y-11.8%
EPS Next 3Y-23.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.82%
Revenue growth 3Y13.27%
Revenue growth 5Y13.48%
Sales Q2Q%-0.01%
Revenue Next Year3.14%
Revenue Next 2Y-0.4%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-17.03%
EBIT growth 3Y6.77%
EBIT growth 5Y11.17%
EBIT Next Year46.87%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y643.53%
FCF growth 3Y36.14%
FCF growth 5Y11.17%
OCF growth 1Y127.91%
OCF growth 3Y26.04%
OCF growth 5Y10.24%