EXPAND ENERGY CORP (EXE) Stock Fundamental Analysis
USA - NASDAQ:EXE - US1651677353 - Common Stock
97.52 USD
+1.94 (+2.03%)
96.5658 USD
-0.95 (-0.98%)
We assign a fundamental rating of 4 out of 10 to EXE. EXE was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. EXE may be in some trouble as it scores bad on both profitability and health. EXE is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year EXE was profitable.
EXE had a positive operating cash flow in the past year.
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
EXE has a worse Return On Assets (0.74%) than 63.33% of its industry peers.
EXE has a worse Return On Equity (1.15%) than 63.33% of its industry peers.
EXE has a Return On Invested Capital of 1.33%. This is in the lower half of the industry: EXE underperforms 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 1.15% | ||
| ROIC | 1.33% |
ROA(3y)15.25%
ROA(5y)-8.99%
ROE(3y)23.95%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.42%, EXE is in line with its industry, outperforming 40.95% of the companies in the same industry.
EXE has a Operating Margin of 5.02%. This is in the lower half of the industry: EXE underperforms 66.67% of its industry peers.
With an excellent Gross Margin value of 70.75%, EXE belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
In the last couple of years the Gross Margin of EXE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.02% | ||
| PM (TTM) | 2.42% | ||
| GM | 70.75% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.86%
GM growth 5Y-3.59%
2. Health
2.1 Basic Checks
EXE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for EXE has been increased compared to 1 year ago.
The number of shares outstanding for EXE has been increased compared to 5 years ago.
EXE has a worse debt/assets ratio than last year.
2.2 Solvency
EXE has an Altman-Z score of 1.93. This is not the best score and indicates that EXE is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 1.93, EXE is doing good in the industry, outperforming 65.71% of the companies in the same industry.
EXE has a debt to FCF ratio of 4.39. This is a neutral value as EXE would need 4.39 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.39, EXE is doing good in the industry, outperforming 68.57% of the companies in the same industry.
A Debt/Equity ratio of 0.29 indicates that EXE is not too dependend on debt financing.
The Debt to Equity ratio of EXE (0.29) is better than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.39 | ||
| Altman-Z | 1.93 |
ROIC/WACC0.17
WACC7.96%
2.3 Liquidity
EXE has a Current Ratio of 0.78. This is a bad value and indicates that EXE is not financially healthy enough and could expect problems in meeting its short term obligations.
EXE has a worse Current ratio (0.78) than 70.00% of its industry peers.
EXE has a Quick Ratio of 0.78. This is a bad value and indicates that EXE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of EXE (0.78) is worse than 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
EXE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.96%, which is quite impressive.
EXE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -60.58% yearly.
The Revenue has grown by 73.62% in the past year. This is a very strong growth!
EXE shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -13.27% yearly.
EPS 1Y (TTM)28.96%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%10900%
Revenue 1Y (TTM)73.62%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%630.69%
3.2 Future
The Earnings Per Share is expected to grow by 62.61% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 30.86% on average over the next years. This is a very strong growth
EPS Next Y426.48%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
EPS Next 5Y62.61%
Revenue Next Year163.58%
Revenue Next 2Y72.32%
Revenue Next 3Y43.75%
Revenue Next 5Y30.86%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 25.46, EXE can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of EXE is on the same level as its industry peers.
EXE is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.39, which indicates a very decent valuation of EXE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EXE indicates a somewhat cheap valuation: EXE is cheaper than 79.05% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.71. EXE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.46 | ||
| Fwd PE | 8.39 |
4.2 Price Multiples
EXE's Enterprise Value to EBITDA is on the same level as the industry average.
EXE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.88 | ||
| EV/EBITDA | 9.4 |
4.3 Compensation for Growth
EXE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EXE's earnings are expected to grow with 102.14% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y201.3%
EPS Next 3Y102.14%
5. Dividend
5.1 Amount
EXE has a Yearly Dividend Yield of 2.40%. Purely for dividend investing, there may be better candidates out there.
The stock price of EXE dropped by -20.10% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
EXE's Dividend Yield is comparable with the industry average which is at 6.18.
EXE's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
The dividend of EXE decreases each year by -29.99%.
EXE has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-29.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
238.35% of the earnings are spent on dividend by EXE. This is not a sustainable payout ratio.
DP238.35%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
97.52
+1.94 (+2.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.75%
Inst Owner ChangeN/A
Ins Owners2.78%
Ins Owner Change26.07%
Market Cap23.22B
Analysts82.5
Price Target134.21 (37.62%)
Short Float %2.88%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend2.14
Dividend Growth(5Y)-29.99%
DP238.35%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.18%
Min EPS beat(2)-5.85%
Max EPS beat(2)6.21%
EPS beat(4)3
Avg EPS beat(4)92.78%
Min EPS beat(4)-5.85%
Max EPS beat(4)356.59%
EPS beat(8)6
Avg EPS beat(8)123.31%
EPS beat(12)10
Avg EPS beat(12)91.48%
EPS beat(16)13
Avg EPS beat(16)74.23%
Revenue beat(2)1
Avg Revenue beat(2)13.89%
Min Revenue beat(2)-14.75%
Max Revenue beat(2)42.53%
Revenue beat(4)2
Avg Revenue beat(4)5.35%
Min Revenue beat(4)-14.75%
Max Revenue beat(4)42.53%
Revenue beat(8)4
Avg Revenue beat(8)5.01%
Revenue beat(12)8
Avg Revenue beat(12)24.44%
Revenue beat(16)10
Avg Revenue beat(16)24.75%
PT rev (1m)-1.67%
PT rev (3m)2%
EPS NQ rev (1m)-8.48%
EPS NQ rev (3m)-33.1%
EPS NY rev (1m)-11.17%
EPS NY rev (3m)-16.9%
Revenue NQ rev (1m)-2.9%
Revenue NQ rev (3m)-6.53%
Revenue NY rev (1m)0.49%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.46 | ||
| Fwd PE | 8.39 | ||
| P/S | 2.73 | ||
| P/FCF | 19.88 | ||
| P/OCF | 7.21 | ||
| P/B | 1.29 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | 9.4 |
EPS(TTM)3.83
EY3.93%
EPS(NY)11.62
Fwd EY11.92%
FCF(TTM)4.9
FCFY5.03%
OCF(TTM)13.53
OCFY13.87%
SpS35.7
BVpS75.32
TBVpS75.32
PEG (NY)0.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.74% | ||
| ROE | 1.15% | ||
| ROCE | 1.72% | ||
| ROIC | 1.33% | ||
| ROICexc | 1.37% | ||
| ROICexgc | 1.37% | ||
| OM | 5.02% | ||
| PM (TTM) | 2.42% | ||
| GM | 70.75% | ||
| FCFM | 13.74% |
ROA(3y)15.25%
ROA(5y)-8.99%
ROE(3y)23.95%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.86%
GM growth 5Y-3.59%
F-Score4
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.39 | ||
| Debt/EBITDA | 1.77 | ||
| Cap/Depr | 83.43% | ||
| Cap/Sales | 24.16% | ||
| Interest Coverage | 2.7 | ||
| Cash Conversion | 111.53% | ||
| Profit Quality | 566.99% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.93 |
F-Score4
WACC7.96%
ROIC/WACC0.17
Cap/Depr(3y)104.61%
Cap/Depr(5y)98.42%
Cap/Sales(3y)25.52%
Cap/Sales(5y)22.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.96%
EPS 3Y-60.58%
EPS 5YN/A
EPS Q2Q%10900%
EPS Next Y426.48%
EPS Next 2Y201.3%
EPS Next 3Y102.14%
EPS Next 5Y62.61%
Revenue 1Y (TTM)73.62%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%630.69%
Revenue Next Year163.58%
Revenue Next 2Y72.32%
Revenue Next 3Y43.75%
Revenue Next 5Y30.86%
EBIT growth 1Y1.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5184.22%
EBIT Next 3Y295.71%
EBIT Next 5Y178.32%
FCF growth 1Y-30.31%
FCF growth 3Y-80.34%
FCF growth 5YN/A
OCF growth 1Y-14.47%
OCF growth 3Y-4.34%
OCF growth 5Y-0.73%