EnLink Midstream LLC (ENLC) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:ENLC - US29336T1007
14.12 USD
-0.03 (-0.21%)
13.86 USD
-0.26 (-1.84%)
ENLC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENLC while its profitability can be described as average. ENLC is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ENLC had positive earnings in the past year.
ENLC had a positive operating cash flow in the past year.
In multiple years ENLC reported negative net income over the last 5 years.
In the past 5 years ENLC always reported a positive cash flow from operatings.
1.2 Ratios
ENLC's Return On Assets of 1.27% is on the low side compared to the rest of the industry. ENLC is outperformed by 69.90% of its industry peers.
Looking at the Return On Equity, with a value of 10.58%, ENLC is in line with its industry, outperforming 47.57% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.97%, ENLC is doing good in the industry, outperforming 63.11% of the companies in the same industry.
ENLC had an Average Return On Invested Capital over the past 3 years of 6.78%. This is significantly below the industry average of 21.18%.
The last Return On Invested Capital (8.97%) for ENLC is above the 3 year average (6.78%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.58% | ||
| ROIC | 8.97% |
ROA(3y)2.31%
ROA(5y)-2%
ROE(3y)16.65%
ROE(5y)-6.19%
ROIC(3y)6.78%
ROIC(5y)5.75%
1.3 Margins
ENLC has a worse Profit Margin (1.50%) than 70.87% of its industry peers.
With a Operating Margin value of 9.76%, ENLC is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ENLC has grown nicely.
The Gross Margin of ENLC (30.95%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENLC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.76% | ||
| PM (TTM) | 1.5% | ||
| GM | 30.95% |
OM growth 3Y1.09%
OM growth 5Y8.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.49%
GM growth 5Y6.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENLC is still creating some value.
ENLC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENLC has more shares outstanding
ENLC has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of ENLC is 7.34, which is on the high side as it means it would take ENLC, 7.34 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ENLC (7.34) is comparable to the rest of the industry.
ENLC has a Debt/Equity ratio of 4.39. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 4.39, ENLC is doing worse than 91.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.39 | ||
| Debt/FCF | 7.34 | ||
| Altman-Z | N/A |
ROIC/WACC1.08
WACC8.29%
2.3 Liquidity
A Current Ratio of 0.42 indicates that ENLC may have some problems paying its short term obligations.
The Current ratio of ENLC (0.42) is worse than 92.72% of its industry peers.
ENLC has a Quick Ratio of 0.42. This is a bad value and indicates that ENLC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.36, ENLC is not doing good in the industry: 91.26% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for ENLC have decreased strongly by -61.90% in the last year.
Measured over the past years, ENLC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.64% on average per year.
ENLC shows a decrease in Revenue. In the last year, the revenue decreased by -6.07%.
Measured over the past years, ENLC shows a decrease in Revenue. The Revenue has been decreasing by -2.17% on average per year.
EPS 1Y (TTM)-61.9%
EPS 3YN/A
EPS 5Y-24.64%
EPS Q2Q%-150%
Revenue 1Y (TTM)-6.07%
Revenue growth 3Y21.01%
Revenue growth 5Y-2.17%
Sales Q2Q%-7.89%
3.2 Future
Based on estimates for the next years, ENLC will show a very strong growth in Earnings Per Share. The EPS will grow by 39.06% on average per year.
Based on estimates for the next years, ENLC will show a small growth in Revenue. The Revenue will grow by 1.42% on average per year.
EPS Next Y-13.65%
EPS Next 2Y32.73%
EPS Next 3Y39.06%
EPS Next 5YN/A
Revenue Next Year-4.62%
Revenue Next 2Y4.52%
Revenue Next 3Y1.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 58.83 indicates a quite expensive valuation of ENLC.
Based on the Price/Earnings ratio, ENLC is valued a bit more expensive than 72.33% of the companies in the same industry.
ENLC's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.77.
Based on the Price/Forward Earnings ratio of 18.21, the valuation of ENLC can be described as rather expensive.
ENLC's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.35. ENLC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.83 | ||
| Fwd PE | 18.21 |
4.2 Price Multiples
ENLC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ENLC is valued a bit cheaper than the industry average as 67.48% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.81 | ||
| EV/EBITDA | 8.46 |
4.3 Compensation for Growth
ENLC's earnings are expected to grow with 39.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.73%
EPS Next 3Y39.06%
5. Dividend
5.1 Amount
ENLC has a Yearly Dividend Yield of 3.75%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.93, ENLC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, ENLC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
5.2 History
The dividend of ENLC decreases each year by -13.77%.
ENLC has been paying a dividend for at least 10 years, so it has a reliable track record.
ENLC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-13.77%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
241.26% of the earnings are spent on dividend by ENLC. This is not a sustainable payout ratio.
DP241.26%
EPS Next 2Y32.73%
EPS Next 3Y39.06%
14.12
-0.03 (-0.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners48.04%
Inst Owner Change-88.72%
Ins Owners0.46%
Ins Owner Change0%
Market Cap6.45B
Revenue(TTM)6.66B
Net Income(TTM)100.10M
Analysts76.36
Price Target15.87 (12.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
Yearly Dividend0.51
Dividend Growth(5Y)-13.77%
DP241.26%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-84.33%
Min EPS beat(2)-119.87%
Max EPS beat(2)-48.79%
EPS beat(4)0
Avg EPS beat(4)-58.78%
Min EPS beat(4)-119.87%
Max EPS beat(4)-10.29%
EPS beat(8)2
Avg EPS beat(8)-25.5%
EPS beat(12)6
Avg EPS beat(12)9.38%
EPS beat(16)6
Avg EPS beat(16)-135.4%
Revenue beat(2)0
Avg Revenue beat(2)-14.68%
Min Revenue beat(2)-20.13%
Max Revenue beat(2)-9.23%
Revenue beat(4)0
Avg Revenue beat(4)-16.93%
Min Revenue beat(4)-21.93%
Max Revenue beat(4)-9.23%
Revenue beat(8)0
Avg Revenue beat(8)-22.17%
Revenue beat(12)4
Avg Revenue beat(12)-3.06%
Revenue beat(16)7
Avg Revenue beat(16)2.37%
PT rev (1m)0%
PT rev (3m)1.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-23.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.83 | ||
| Fwd PE | 18.21 | ||
| P/S | 0.97 | ||
| P/FCF | 9.81 | ||
| P/OCF | 5.99 | ||
| P/B | 6.82 | ||
| P/tB | 26.04 | ||
| EV/EBITDA | 8.46 |
EPS(TTM)0.24
EY1.7%
EPS(NY)0.78
Fwd EY5.49%
FCF(TTM)1.44
FCFY10.2%
OCF(TTM)2.36
OCFY16.68%
SpS14.58
BVpS2.07
TBVpS0.54
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.58% | ||
| ROCE | 10.58% | ||
| ROIC | 8.97% | ||
| ROICexc | 8.99% | ||
| ROICexgc | 10.14% | ||
| OM | 9.76% | ||
| PM (TTM) | 1.5% | ||
| GM | 30.95% | ||
| FCFM | 9.87% |
ROA(3y)2.31%
ROA(5y)-2%
ROE(3y)16.65%
ROE(5y)-6.19%
ROIC(3y)6.78%
ROIC(5y)5.75%
ROICexc(3y)6.8%
ROICexc(5y)5.78%
ROICexgc(3y)7.72%
ROICexgc(5y)6.65%
ROCE(3y)7.99%
ROCE(5y)6.79%
ROICexgc growth 3Y22.24%
ROICexgc growth 5Y6.9%
ROICexc growth 3Y24.07%
ROICexc growth 5Y11.82%
OM growth 3Y1.09%
OM growth 5Y8.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.49%
GM growth 5Y6.17%
F-Score7
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.39 | ||
| Debt/FCF | 7.34 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 61.43% | ||
| Cap/Sales | 6.28% | ||
| Interest Coverage | 2.44 | ||
| Cash Conversion | 80.83% | ||
| Profit Quality | 657.34% | ||
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | N/A |
F-Score7
WACC8.29%
ROIC/WACC1.08
Cap/Depr(3y)50.04%
Cap/Depr(5y)63.96%
Cap/Sales(3y)4.23%
Cap/Sales(5y)6.59%
Profit Quality(3y)1193.67%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.9%
EPS 3YN/A
EPS 5Y-24.64%
EPS Q2Q%-150%
EPS Next Y-13.65%
EPS Next 2Y32.73%
EPS Next 3Y39.06%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.07%
Revenue growth 3Y21.01%
Revenue growth 5Y-2.17%
Sales Q2Q%-7.89%
Revenue Next Year-4.62%
Revenue Next 2Y4.52%
Revenue Next 3Y1.42%
Revenue Next 5YN/A
EBIT growth 1Y-5.75%
EBIT growth 3Y22.33%
EBIT growth 5Y6.52%
EBIT Next Year89.03%
EBIT Next 3Y26.9%
EBIT Next 5Y15.12%
FCF growth 1Y-16.87%
FCF growth 3Y21.91%
FCF growth 5Y180.18%
OCF growth 1Y-0.67%
OCF growth 3Y18.7%
OCF growth 5Y7.6%
EnLink Midstream LLC / ENLC FAQ
Can you describe the business of EnLink Midstream LLC?
EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. The company is headquartered in Dallas, Texas and currently employs 1,072 full-time employees. The company went IPO on 2014-03-10. The Company’s segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.
What is the current price of ENLC stock?
The current stock price of ENLC is 14.12 USD. The price decreased by -0.21% in the last trading session.
What is the ChartMill technical and fundamental rating of ENLC stock?
ENLC has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 3 out of 10.