ENLINK MIDSTREAM LLC (ENLC)
US29336T1007
We assign a fundamental rating of 3 out of 10 to ENLC. ENLC was compared to 205 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 has a expensive valuation and it also scores bad on growth.
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.
The reported net income has been mixed in the past 5 years: ENLC reported negative net income in multiple years.
Each year in the past 5 years ENLC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.27%, ENLC is doing worse than 71.57% of the companies in the same industry.
ENLC has a Return On Equity of 10.58%. This is comparable to the rest of the industry: ENLC outperforms 46.08% of its industry peers.
With a decent Return On Invested Capital value of 8.97%, ENLC is doing good in the industry, outperforming 63.24% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENLC is significantly below the industry average of 29.02%.
The 3 year average ROIC (6.78%) for ENLC is below the current ROIC(8.97%), indicating increased profibility in the last year.
| 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
The Profit Margin of ENLC (1.50%) is worse than 73.04% of its industry peers.
The Operating Margin of ENLC (9.76%) is worse than 69.12% of its industry peers.
ENLC's Operating Margin has improved in the last couple of years.
ENLC has a Gross Margin of 30.95%. This is comparable to the rest of the industry: ENLC outperforms 41.18% of its industry peers.
ENLC's Gross Margin has improved in the last couple of years.
| 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
ENLC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ENLC has less shares outstanding than it did 1 year ago.
ENLC has more shares outstanding than it did 5 years ago.
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.
ENLC has a Debt to FCF ratio of 7.34. This is comparable to the rest of the industry: ENLC outperforms 50.98% of its industry peers.
A Debt/Equity ratio of 4.39 is on the high side and indicates that ENLC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.39, ENLC is doing worse than 91.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.39 | ||
| Debt/FCF | 7.34 | ||
| Altman-Z | N/A |
ROIC/WACC1.1
WACC8.18%
2.3 Liquidity
A Current Ratio of 0.42 indicates that ENLC may have some problems paying its short term obligations.
ENLC has a worse Current ratio (0.42) than 91.67% 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: 90.20% 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.
The earnings per share for ENLC have been decreasing by -24.64% on average. This is quite bad
The Revenue has decreased by -6.07% in the past year.
The Revenue has been decreasing by -2.17% on average over the past years.
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
The Earnings Per Share is expected to grow by 39.06% on average over the next years. This is a very strong growth
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
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 58.71, ENLC can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of ENLC indicates a slightly more expensive valuation: ENLC is more expensive than 74.02% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.73. ENLC is valued rather expensively when compared to this.
ENLC is valuated rather expensively with a Price/Forward Earnings ratio of 18.18.
ENLC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ENLC is more expensive than 60.78% of the companies in the same industry.
ENLC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.71 | ||
| Fwd PE | 18.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENLC is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENLC indicates a somewhat cheap valuation: ENLC is cheaper than 65.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.79 | ||
| EV/EBITDA | 8.45 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ENLC's earnings are expected to grow with 39.06% in the coming years.
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 3.85%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.08, ENLC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, ENLC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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
ENLC pays out 241.26% of its income as dividend. This is not a sustainable payout ratio.
DP241.26%
EPS Next 2Y32.73%
EPS Next 3Y39.06%
ENLINK MIDSTREAM LLC
NYSE:ENLC (12/20/2024, 8:07:13 PM)
After market: 14.09 0 (0%)14.09
+0.31 (+2.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners48.04%
Inst Owner Change5.4%
Ins Owners0.46%
Ins Owner Change-0.23%
Market Cap6.44B
Analysts70.59
Price Target15.87 (12.63%)
Short Float %3.64%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
Dividend Growth(5Y)-13.77%
DP241.26%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)1.01%
PT rev (3m)1.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.4%
EPS NY rev (1m)-23.04%
EPS NY rev (3m)-25.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.34%
Revenue NY rev (1m)-6.53%
Revenue NY rev (3m)-6.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.71 | ||
| Fwd PE | 18.18 | ||
| P/S | 0.97 | ||
| P/FCF | 9.79 | ||
| P/OCF | 5.98 | ||
| P/B | 6.81 | ||
| P/tB | 25.99 | ||
| EV/EBITDA | 8.45 |
EPS(TTM)0.24
EY1.7%
EPS(NY)0.78
Fwd EY5.5%
FCF(TTM)1.44
FCFY10.22%
OCF(TTM)2.36
OCFY16.72%
SpS14.58
BVpS2.07
TBVpS0.54
PEG (NY)N/A
PEG (5Y)N/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%
ROICexcg growth 3Y22.24%
ROICexcg 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
WACC8.18%
ROIC/WACC1.1
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 Year88.75%
EBIT Next 3Y26.87%
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%