EXPAND ENERGY CORP (EXE) Stock Fundamental Analysis
USA - NASDAQ:EXE - US1651677353 - Common Stock
100.78 USD
+2.19 (+2.22%)
101.21 USD
+0.43 (+0.43%)
We assign a fundamental rating of 4 out of 10 to EXE. EXE was compared to 211 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 overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
EXE had positive earnings in the past year.
In the past year EXE had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: EXE reported negative net income in multiple years.
Each year in the past 5 years EXE had a positive operating cash flow.
1.2 Ratios
EXE has a worse Return On Assets (0.74%) than 64.45% of its industry peers.
EXE has a worse Return On Equity (1.15%) than 64.45% 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 71.56% 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
EXE's Profit Margin of 2.42% is in line compared to the rest of the industry. EXE outperforms 40.76% of its industry peers.
The Operating Margin of EXE (5.02%) is worse than 65.40% of its industry peers.
EXE has a better Gross Margin (70.75%) than 80.57% of its industry peers.
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.
Compared to 1 year ago, EXE has more shares outstanding
Compared to 5 years ago, EXE has more shares outstanding
Compared to 1 year ago, EXE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.97 indicates that EXE is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.97, EXE is in the better half of the industry, outperforming 65.40% of the companies in the same industry.
The Debt to FCF ratio of EXE is 4.39, which is a neutral value as it means it would take EXE, 4.39 years of fcf income to pay off all of its debts.
EXE has a Debt to FCF ratio of 4.39. This is in the better half of the industry: EXE outperforms 67.77% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that EXE is not too dependend on debt financing.
EXE's Debt to Equity ratio of 0.29 is fine compared to the rest of the industry. EXE outperforms 62.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.39 | ||
| Altman-Z | 1.97 |
ROIC/WACC0.17
WACC7.91%
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.
The Current ratio of EXE (0.78) is worse than 69.67% of its industry peers.
A Quick Ratio of 0.78 indicates that EXE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.78, EXE is doing worse than 60.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.96% over the past year.
EXE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -60.58% yearly.
Looking at the last year, EXE shows a very strong growth in Revenue. The Revenue has grown by 73.62%.
Measured over the past years, EXE shows a very negative growth in Revenue. The Revenue has been decreasing by -13.27% on average per year.
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
EXE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.92% yearly.
The Revenue is expected to grow by 30.86% on average over the next years. This is a very strong growth
EPS Next Y423.52%
EPS Next 2Y198.51%
EPS Next 3Y101.94%
EPS Next 5Y33.92%
Revenue Next Year163.56%
Revenue Next 2Y71.24%
Revenue Next 3Y44.81%
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.
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
A Price/Earnings ratio of 26.31 indicates a quite expensive valuation of EXE.
EXE's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.40, EXE is valued at the same level.
EXE is valuated reasonably with a Price/Forward Earnings ratio of 8.84.
76.78% of the companies in the same industry are more expensive than EXE, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.94. EXE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 8.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EXE is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as EXE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.55 | ||
| EV/EBITDA | 9.65 |
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.
EXE's earnings are expected to grow with 101.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y198.51%
EPS Next 3Y101.94%
5. Dividend
5.1 Amount
EXE has a Yearly Dividend Yield of 2.33%.
EXE's Dividend Yield is comparable with the industry average which is at 6.28.
Compared to an average S&P500 Dividend Yield of 2.36, EXE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
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
EXE pays out 238.35% of its income as dividend. This is not a sustainable payout ratio.
DP238.35%
EPS Next 2Y198.51%
EPS Next 3Y101.94%
100.78
+2.19 (+2.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners91.5%
Inst Owner ChangeN/A
Ins Owners2.77%
Ins Owner Change3.51%
Market Cap24.00B
Analysts83.75
Price Target133.07 (32.04%)
Short Float %3.41%
Short Ratio2.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
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)-1.54%
PT rev (3m)0.83%
EPS NQ rev (1m)-3.51%
EPS NQ rev (3m)-27.34%
EPS NY rev (1m)-0.56%
EPS NY rev (3m)-11.67%
Revenue NQ rev (1m)-1.22%
Revenue NQ rev (3m)-8.48%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 8.84 | ||
| P/S | 2.82 | ||
| P/FCF | 20.55 | ||
| P/OCF | 7.45 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 9.65 |
EPS(TTM)3.83
EY3.8%
EPS(NY)11.41
Fwd EY11.32%
FCF(TTM)4.9
FCFY4.87%
OCF(TTM)13.53
OCFY13.42%
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 | 1.97 |
F-Score4
WACC7.91%
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 Y423.52%
EPS Next 2Y198.51%
EPS Next 3Y101.94%
EPS Next 5Y33.92%
Revenue 1Y (TTM)73.62%
Revenue growth 3Y-10.19%
Revenue growth 5Y-13.27%
Sales Q2Q%630.69%
Revenue Next Year163.56%
Revenue Next 2Y71.24%
Revenue Next 3Y44.81%
Revenue Next 5Y30.86%
EBIT growth 1Y1.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5120.54%
EBIT Next 3Y299.38%
EBIT Next 5Y119.65%
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%