EXPAND ENERGY CORP (EXE) Stock Fundamental Analysis
NASDAQ:EXE - Nasdaq - US1651677353 - Common Stock - Currency: USD
Overall EXE gets a fundamental rating of 4 out of 10. We evaluated EXE against 211 industry peers in the Oil, Gas & Consumable Fuels industry. EXE has only an average score on both its financial health and profitability. EXE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year EXE was profitable.
In the past year EXE had a positive cash flow from operations.
In multiple years EXE reported negative net income over the last 5 years.
In the past 5 years EXE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of EXE (1.90%) is worse than 68.14% of its industry peers.
EXE's Return On Equity of 2.49% is on the low side compared to the rest of the industry. EXE is outperformed by 68.63% of its industry peers.
EXE's Return On Invested Capital of 1.14% is on the low side compared to the rest of the industry. EXE is outperformed by 78.92% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EXE is significantly below the industry average of 28.75%.
The 3 year average ROIC (13.76%) for EXE is well above the current ROIC(1.14%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 2.49% | ||
| ROIC | 1.14% |
ROA(3y)35.26%
ROA(5y)-8.99%
ROE(3y)62.5%
ROE(5y)N/A
ROIC(3y)13.76%
ROIC(5y)9.96%
1.3 Margins
EXE has a worse Profit Margin (6.30%) than 60.78% of its industry peers.
EXE's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 4.54%, EXE is not doing good in the industry: 73.04% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of EXE has grown nicely.
EXE has a Gross Margin of 75.71%. This is amongst the best in the industry. EXE outperforms 84.31% of its industry peers.
EXE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.54% | ||
| PM (TTM) | 6.3% | ||
| GM | 75.71% |
OM growth 3Y60.28%
OM growth 5Y26.63%
PM growth 3YN/A
PM growth 5Y88.94%
GM growth 3Y5.78%
GM growth 5Y0.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EXE is still creating some value.
Compared to 1 year ago, EXE has less shares outstanding
Compared to 5 years ago, EXE has more shares outstanding
The debt/assets ratio for EXE has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.48 indicates that EXE is not in any danger for bankruptcy at the moment.
The Altman-Z score of EXE (5.48) is better than 91.18% of its industry peers.
The Debt to FCF ratio of EXE is 7.97, which is on the high side as it means it would take EXE, 7.97 years of fcf income to pay off all of its debts.
EXE has a Debt to FCF ratio (7.97) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.20 indicates that EXE is not too dependend on debt financing.
EXE has a Debt to Equity ratio of 0.20. This is in the better half of the industry: EXE outperforms 68.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 7.97 | ||
| Altman-Z | 5.48 |
ROIC/WACC0.13
WACC8.53%
2.3 Liquidity
EXE has a Current Ratio of 2.00. This is a normal value and indicates that EXE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of EXE (2.00) is better than 71.57% of its industry peers.
EXE has a Quick Ratio of 2.00. This is a normal value and indicates that EXE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of EXE (2.00) is better than 73.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
The earnings per share for EXE have decreased strongly by -73.91% in the last year.
EXE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.38% yearly.
Looking at the last year, EXE shows a very negative growth in Revenue. The Revenue has decreased by -60.05% in the last year.
EXE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.46% yearly.
EPS 1Y (TTM)-73.91%
EPS 3YN/A
EPS 5Y-10.38%
EPS Q2Q%-85.32%
Revenue 1Y (TTM)-60.05%
Revenue growth 3Y13.87%
Revenue growth 5Y-5.46%
Sales Q2Q%-57.14%
3.2 Future
The Earnings Per Share is expected to decrease by -0.68% on average over the next years.
The Revenue is expected to grow by 18.86% on average over the next years. This is quite good.
EPS Next Y-79.97%
EPS Next 2Y1.92%
EPS Next 3Y16.11%
EPS Next 5Y-0.68%
Revenue Next Year-33.94%
Revenue Next 2Y21.09%
Revenue Next 3Y18.86%
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.
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
With a Price/Earnings ratio of 51.05, EXE can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of EXE indicates a slightly more expensive valuation: EXE is more expensive than 71.57% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, EXE is valued quite expensively.
Based on the Price/Forward Earnings ratio of 20.42, the valuation of EXE can be described as rather expensive.
Based on the Price/Forward Earnings ratio, EXE is valued a bit more expensive than 60.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of EXE to the average of the S&P500 Index (22.68), we can say EXE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.05 | ||
| Fwd PE | 20.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EXE is valued a bit more expensive than 70.59% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EXE indicates a slightly more expensive valuation: EXE is more expensive than 63.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95.13 | ||
| EV/EBITDA | 15.51 |
4.3 Compensation for Growth
A more expensive valuation may be justified as EXE's earnings are expected to grow with 16.11% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.92%
EPS Next 3Y16.11%
5. Dividend
5.1 Amount
EXE has a Yearly Dividend Yield of 2.19%.
Compared to an average industry Dividend Yield of 6.75, EXE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.29, EXE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
The dividend of EXE decreases each year by -28.95%.
EXE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-28.95%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
129.53% of the earnings are spent on dividend by EXE. This is not a sustainable payout ratio.
The Dividend Rate of EXE has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP129.53%
EPS Next 2Y1.92%
EPS Next 3Y16.11%
104.14
-2.01 (-1.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners66.33%
Inst Owner ChangeN/A
Ins Owners2.9%
Ins Owner Change42.08%
Market Cap24.07B
Analysts77.42
Price Target117.1 (12.44%)
Short Float %5.8%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
Yearly Dividend3.67
Dividend Growth(5Y)-28.95%
DP129.53%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)410.3%
Min EPS beat(2)356.59%
Max EPS beat(2)464.01%
EPS beat(4)3
Avg EPS beat(4)223.11%
Min EPS beat(4)-6.54%
Max EPS beat(4)464.01%
EPS beat(8)7
Avg EPS beat(8)133.82%
EPS beat(12)10
Avg EPS beat(12)94.37%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-22.43%
Min Revenue beat(2)-36.48%
Max Revenue beat(2)-8.38%
Revenue beat(4)1
Avg Revenue beat(4)-3.69%
Min Revenue beat(4)-36.48%
Max Revenue beat(4)35.4%
Revenue beat(8)5
Avg Revenue beat(8)25.7%
Revenue beat(12)8
Avg Revenue beat(12)32.57%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)10.77%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.38%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.27%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.05 | ||
| Fwd PE | 20.42 | ||
| P/S | 5.97 | ||
| P/FCF | 95.13 | ||
| P/OCF | 14.56 | ||
| P/B | 2.36 | ||
| P/tB | 2.36 | ||
| EV/EBITDA | 15.51 |
EPS(TTM)2.04
EY1.96%
EPS(NY)5.1
Fwd EY4.9%
FCF(TTM)1.09
FCFY1.05%
OCF(TTM)7.15
OCFY6.87%
SpS17.44
BVpS44.08
TBVpS44.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 2.49% | ||
| ROCE | 1.46% | ||
| ROIC | 1.14% | ||
| ROICexc | 1.24% | ||
| ROICexgc | 1.24% | ||
| OM | 4.54% | ||
| PM (TTM) | 6.3% | ||
| GM | 75.71% | ||
| FCFM | 6.28% |
ROA(3y)35.26%
ROA(5y)-8.99%
ROE(3y)62.5%
ROE(5y)N/A
ROIC(3y)13.76%
ROIC(5y)9.96%
ROICexc(3y)14.49%
ROICexc(5y)10.54%
ROICexgc(3y)14.49%
ROICexgc(5y)10.54%
ROCE(3y)17.73%
ROCE(5y)12.84%
ROICexcg growth 3Y17.67%
ROICexcg growth 5Y15.1%
ROICexc growth 3Y17.67%
ROICexc growth 5Y15.1%
OM growth 3Y60.28%
OM growth 5Y26.63%
PM growth 3YN/A
PM growth 5Y88.94%
GM growth 3Y5.78%
GM growth 5Y0.58%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 7.97 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 95.82% | ||
| Cap/Sales | 34.73% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 100.55% | ||
| Profit Quality | 99.61% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 5.48 |
F-Score5
WACC8.53%
ROIC/WACC0.13
Cap/Depr(3y)99.31%
Cap/Depr(5y)100.4%
Cap/Sales(3y)17.38%
Cap/Sales(5y)20.06%
Profit Quality(3y)28.9%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-73.91%
EPS 3YN/A
EPS 5Y-10.38%
EPS Q2Q%-85.32%
EPS Next Y-79.97%
EPS Next 2Y1.92%
EPS Next 3Y16.11%
EPS Next 5Y-0.68%
Revenue 1Y (TTM)-60.05%
Revenue growth 3Y13.87%
Revenue growth 5Y-5.46%
Sales Q2Q%-57.14%
Revenue Next Year-33.94%
Revenue Next 2Y21.09%
Revenue Next 3Y18.86%
Revenue Next 5YN/A
EBIT growth 1Y-95.24%
EBIT growth 3Y82.51%
EBIT growth 5Y19.71%
EBIT Next Year3.28%
EBIT Next 3Y39.91%
EBIT Next 5Y23.75%
FCF growth 1Y-87.8%
FCF growth 3Y192.58%
FCF growth 5YN/A
OCF growth 1Y-54.56%
OCF growth 3Y26.92%
OCF growth 5Y6.59%