ENLINK MIDSTREAM LLC (ENLC)
US29336T1007
Taking everything into account, ENLC scores 3 out of 10 in our fundamental rating. 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 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
ENLC had positive earnings in the past year.
In the past year ENLC had a positive cash flow from operations.
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
ENLC has a Return On Assets of 1.73%. This is in the lower half of the industry: ENLC underperforms 73.04% of its industry peers.
ENLC has a better Return On Equity (15.37%) than 61.27% of its industry peers.
ENLC has a Return On Invested Capital of 7.67%. This is comparable to the rest of the industry: ENLC outperforms 50.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENLC is significantly below the industry average of 22.76%.
The last Return On Invested Capital (7.67%) for ENLC is above the 3 year average (6.78%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 15.37% | ||
| ROIC | 7.67% |
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
Looking at the Profit Margin, with a value of 2.07%, ENLC is doing worse than 71.08% of the companies in the same industry.
With a Operating Margin value of 9.17%, ENLC is not doing good in the industry: 70.10% 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 (29.75%) is worse than 60.29% of its industry peers.
In the last couple of years the Gross Margin of ENLC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.17% | ||
| PM (TTM) | 2.07% | ||
| GM | 29.75% |
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.
ENLC has more shares outstanding than it did 5 years ago.
ENLC has a worse debt/assets ratio than last year.
2.2 Solvency
ENLC has a debt to FCF ratio of 7.31. This is a slightly negative value and a sign of low solvency as ENLC would need 7.31 years to pay back of all of its debts.
ENLC has a Debt to FCF ratio of 7.31. This is comparable to the rest of the industry: ENLC outperforms 50.49% of its industry peers.
ENLC has a Debt/Equity ratio of 4.61. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 4.61, ENLC is doing worse than 92.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.61 | ||
| Debt/FCF | 7.31 | ||
| Altman-Z | N/A |
ROIC/WACC1.04
WACC7.37%
2.3 Liquidity
ENLC has a Current Ratio of 0.65. This is a bad value and indicates that ENLC is not financially healthy enough and could expect problems in meeting its short term obligations.
ENLC's Current ratio of 0.65 is on the low side compared to the rest of the industry. ENLC is outperformed by 79.90% of its industry peers.
A Quick Ratio of 0.59 indicates that ENLC may have some problems paying its short term obligations.
ENLC has a Quick ratio of 0.59. This is in the lower half of the industry: ENLC underperforms 77.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
ENLC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.41%.
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.
The Revenue for ENLC has decreased by -15.10% in the past year. This is quite bad
ENLC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.17% yearly.
EPS 1Y (TTM)-55.41%
EPS 3YN/A
EPS 5Y-24.64%
EPS Q2Q%-41.67%
Revenue 1Y (TTM)-15.1%
Revenue growth 3Y21.01%
Revenue growth 5Y-2.17%
Sales Q2Q%1.42%
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 34.38% on average per year.
Based on estimates for the next years, ENLC will show a small growth in Revenue. The Revenue will grow by 5.56% on average per year.
EPS Next Y12.2%
EPS Next 2Y36.52%
EPS Next 3Y34.38%
EPS Next 5YN/A
Revenue Next Year2.05%
Revenue Next 2Y8.14%
Revenue Next 3Y5.56%
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
With a Price/Earnings ratio of 45.27, ENLC can be considered very expensive at the moment.
73.04% of the companies in the same industry are cheaper than ENLC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ENLC to the average of the S&P500 Index (30.20), we can say ENLC is valued slightly more expensively.
With a Price/Forward Earnings ratio of 18.22, ENLC is valued on the expensive side.
ENLC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ENLC is more expensive than 61.76% of the companies in the same industry.
ENLC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.27 | ||
| Fwd PE | 18.22 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENLC.
61.76% of the companies in the same industry are more expensive than ENLC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.77 | ||
| EV/EBITDA | 8.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as ENLC's earnings are expected to grow with 34.38% in the coming years.
PEG (NY)3.71
PEG (5Y)N/A
EPS Next 2Y36.52%
EPS Next 3Y34.38%
5. Dividend
5.1 Amount
ENLC has a Yearly Dividend Yield of 3.57%.
Compared to an average industry Dividend Yield of 6.80, ENLC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.26, ENLC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
5.2 History
The dividend of ENLC decreases each year by -13.77%.
ENLC has paid a dividend for at least 10 years, which is a reliable track record.
ENLC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-13.77%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ENLC pays out 169.03% of its income as dividend. This is not a sustainable payout ratio.
DP169.03%
EPS Next 2Y36.52%
EPS Next 3Y34.38%
ENLINK MIDSTREAM LLC
NYSE:ENLC (11/4/2024, 8:05:24 PM)
After market: 14.94 0 (0%)14.94
+0.23 (+1.56%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.86B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.57% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.27 | ||
| Fwd PE | 18.22 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 15.37% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.17% | ||
| PM (TTM) | 2.07% | ||
| GM | 29.75% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.61 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-55.41%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y12.2%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-15.1%
Revenue growth 3Y21.01%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y