EVERGY INC (EVRG) Stock Fundamental Analysis
NASDAQ:EVRG - Nasdaq - US30034W1062 - Common Stock - Currency: USD
Taking everything into account, EVRG scores 3 out of 10 in our fundamental rating. EVRG was compared to 47 industry peers in the Electric Utilities industry. EVRG has a medium profitability rating, but doesn't score so well on its financial health evaluation. EVRG is valied quite expensively at the moment, while it does show a decent growth rate. Finally EVRG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year EVRG was profitable.
In the past year EVRG had a positive cash flow from operations.
Each year in the past 5 years EVRG has been profitable.
In the past 5 years EVRG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.70%, EVRG is in line with its industry, outperforming 44.68% of the companies in the same industry.
EVRG has a worse Return On Equity (8.82%) than 61.70% of its industry peers.
EVRG has a Return On Invested Capital of 3.89%. This is comparable to the rest of the industry: EVRG outperforms 42.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EVRG is significantly below the industry average of 38.54%.
The 3 year average ROIC (3.70%) for EVRG is below the current ROIC(3.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.82% | ||
| ROIC | 3.89% |
ROA(3y)2.54%
ROA(5y)2.6%
ROE(3y)8.09%
ROE(5y)8.18%
ROIC(3y)3.7%
ROIC(5y)3.77%
1.3 Margins
The Profit Margin of EVRG (14.87%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of EVRG has grown nicely.
EVRG's Operating Margin of 25.45% is fine compared to the rest of the industry. EVRG outperforms 68.09% of its industry peers.
In the last couple of years the Operating Margin of EVRG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.45% | ||
| PM (TTM) | 14.87% | ||
| GM | N/A |
OM growth 3Y0.79%
OM growth 5Y1.2%
PM growth 3Y-1.74%
PM growth 5Y2.8%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EVRG is destroying value.
Compared to 1 year ago, EVRG has about the same amount of shares outstanding.
EVRG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, EVRG has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.82, we must say that EVRG is in the distress zone and has some risk of bankruptcy.
EVRG has a Altman-Z score (0.82) which is in line with its industry peers.
A Debt/Equity ratio of 1.38 is on the high side and indicates that EVRG has dependencies on debt financing.
EVRG's Debt to Equity ratio of 1.38 is in line compared to the rest of the industry. EVRG outperforms 48.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.82 |
ROIC/WACC0.62
WACC6.27%
2.3 Liquidity
A Current Ratio of 0.55 indicates that EVRG may have some problems paying its short term obligations.
EVRG has a worse Current ratio (0.55) than 80.85% of its industry peers.
EVRG has a Quick Ratio of 0.55. This is a bad value and indicates that EVRG is not financially healthy enough and could expect problems in meeting its short term obligations.
EVRG has a Quick ratio of 0.29. This is amonst the worse of the industry: EVRG underperforms 91.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.86% over the past year.
Measured over the past 5 years, EVRG shows a small growth in Earnings Per Share. The EPS has been growing by 5.90% on average per year.
Looking at the last year, EVRG shows a small growth in Revenue. The Revenue has grown by 6.29% in the last year.
The Revenue has been growing slightly by 2.58% on average over the past years.
EPS 1Y (TTM)8.86%
EPS 3Y2.48%
EPS 5Y5.9%
EPS Q2Q%0%
Revenue 1Y (TTM)6.29%
Revenue growth 3Y1.53%
Revenue growth 5Y2.58%
Sales Q2Q%3.27%
3.2 Future
Based on estimates for the next years, EVRG will show a small growth in Earnings Per Share. The EPS will grow by 6.42% on average per year.
The Revenue is expected to grow by 5.36% on average over the next years.
EPS Next Y8.13%
EPS Next 2Y6.96%
EPS Next 3Y6.52%
EPS Next 5Y6.42%
Revenue Next Year4.67%
Revenue Next 2Y4.48%
Revenue Next 3Y4.39%
Revenue Next 5Y5.36%
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 stable.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.10 indicates a rather expensive valuation of EVRG.
EVRG's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. EVRG is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.82 indicates a correct valuation of EVRG.
EVRG's Price/Forward Earnings is on the same level as the industry average.
EVRG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 15.82 |
4.2 Price Multiples
EVRG's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.23
PEG (5Y)3.07
EPS Next 2Y6.96%
EPS Next 3Y6.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.80%, EVRG has a reasonable but not impressive dividend return.
EVRG's Dividend Yield is a higher than the industry average which is at 3.63.
EVRG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
5.2 History
On average, the dividend of EVRG grows each year by 6.23%, which is quite nice.
EVRG has paid a dividend for at least 10 years, which is a reliable track record.
EVRG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.23%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
EVRG pays out 68.81% of its income as dividend. This is not a sustainable payout ratio.
EVRG's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP68.81%
EPS Next 2Y6.96%
EPS Next 3Y6.52%
68.96
-0.46 (-0.66%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners88.95%
Inst Owner Change0%
Ins Owners0.14%
Ins Owner Change5.25%
Market Cap15.87B
Analysts81
Price Target74.77 (8.43%)
Short Float %4.39%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
Yearly Dividend2.6
Dividend Growth(5Y)6.23%
DP68.81%
Div Incr Years21
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.02%
Min EPS beat(2)-20.12%
Max EPS beat(2)-7.92%
EPS beat(4)1
Avg EPS beat(4)-6.55%
Min EPS beat(4)-20.12%
Max EPS beat(4)2.6%
EPS beat(8)2
Avg EPS beat(8)-5.88%
EPS beat(12)5
Avg EPS beat(12)-2.39%
EPS beat(16)8
Avg EPS beat(16)-0.39%
Revenue beat(2)1
Avg Revenue beat(2)11.89%
Min Revenue beat(2)-0.84%
Max Revenue beat(2)24.61%
Revenue beat(4)2
Avg Revenue beat(4)2.77%
Min Revenue beat(4)-17.21%
Max Revenue beat(4)24.61%
Revenue beat(8)2
Avg Revenue beat(8)-4.47%
Revenue beat(12)6
Avg Revenue beat(12)1.98%
Revenue beat(16)8
Avg Revenue beat(16)2.28%
PT rev (1m)1.03%
PT rev (3m)2.31%
EPS NQ rev (1m)-1.95%
EPS NQ rev (3m)-5.8%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.88%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 15.82 | ||
| P/S | 2.69 | ||
| P/FCF | N/A | ||
| P/OCF | 7.5 | ||
| P/B | 1.6 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 10.81 |
EPS(TTM)3.81
EY5.52%
EPS(NY)4.36
Fwd EY6.32%
FCF(TTM)-0.85
FCFYN/A
OCF(TTM)9.2
OCFY13.34%
SpS25.6
BVpS43.16
TBVpS33
PEG (NY)2.23
PEG (5Y)3.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.82% | ||
| ROCE | 5.15% | ||
| ROIC | 3.89% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.21% | ||
| OM | 25.45% | ||
| PM (TTM) | 14.87% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.54%
ROA(5y)2.6%
ROE(3y)8.09%
ROE(5y)8.18%
ROIC(3y)3.7%
ROIC(5y)3.77%
ROICexc(3y)3.7%
ROICexc(5y)3.78%
ROICexgc(3y)4.03%
ROICexgc(5y)4.13%
ROCE(3y)4.94%
ROCE(5y)5.02%
ROICexcg growth 3Y-1.92%
ROICexcg growth 5Y-0.82%
ROICexc growth 3Y-1.58%
ROICexc growth 5Y-0.43%
OM growth 3Y0.79%
OM growth 5Y1.2%
PM growth 3Y-1.74%
PM growth 5Y2.8%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.13 | ||
| Cap/Depr | 195.33% | ||
| Cap/Sales | 39.23% | ||
| Interest Coverage | 2.83 | ||
| Cash Conversion | 78.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 0.82 |
F-Score6
WACC6.27%
ROIC/WACC0.62
Cap/Depr(3y)208.18%
Cap/Depr(5y)199.78%
Cap/Sales(3y)39.77%
Cap/Sales(5y)37.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.86%
EPS 3Y2.48%
EPS 5Y5.9%
EPS Q2Q%0%
EPS Next Y8.13%
EPS Next 2Y6.96%
EPS Next 3Y6.52%
EPS Next 5Y6.42%
Revenue 1Y (TTM)6.29%
Revenue growth 3Y1.53%
Revenue growth 5Y2.58%
Sales Q2Q%3.27%
Revenue Next Year4.67%
Revenue Next 2Y4.48%
Revenue Next 3Y4.39%
Revenue Next 5Y5.36%
EBIT growth 1Y18.69%
EBIT growth 3Y2.34%
EBIT growth 5Y3.81%
EBIT Next Year83.48%
EBIT Next 3Y28.54%
EBIT Next 5Y21.72%
FCF growth 1Y27.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.39%
OCF growth 3Y13.64%
OCF growth 5Y2.55%