CHART INDUSTRIES INC (GTLS) Stock Fundamental Analysis
NYSE:GTLS - New York Stock Exchange, Inc. - US16115Q3083 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to GTLS. GTLS was compared to 127 industry peers in the Machinery industry. There are concerns on the financial health of GTLS while its profitability can be described as average. An interesting combination arises when we look at growth and value: GTLS is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
In the past year GTLS was profitable.
GTLS had a positive operating cash flow in the past year.
In the past 5 years GTLS has always been profitable.
GTLS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
GTLS has a Return On Assets (2.46%) which is in line with its industry peers.
The Return On Equity of GTLS (7.66%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 7.85%, GTLS perfoms like the industry average, outperforming 55.91% of the companies in the same industry.
GTLS had an Average Return On Invested Capital over the past 3 years of 4.98%. This is significantly below the industry average of 10.78%.
The last Return On Invested Capital (7.85%) for GTLS is above the 3 year average (4.98%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 7.66% | ||
| ROIC | 7.85% |
ROA(3y)0.91%
ROA(5y)3.33%
ROE(3y)2.79%
ROE(5y)6.32%
ROIC(3y)4.98%
ROIC(5y)4.58%
1.3 Margins
GTLS has a Profit Margin (5.45%) which is in line with its industry peers.
GTLS's Profit Margin has improved in the last couple of years.
GTLS has a better Operating Margin (16.66%) than 77.95% of its industry peers.
GTLS's Operating Margin has improved in the last couple of years.
GTLS has a Gross Margin (33.88%) which is in line with its industry peers.
GTLS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.66% | ||
| PM (TTM) | 5.45% | ||
| GM | 33.88% |
OM growth 3Y30.3%
OM growth 5Y21.44%
PM growth 3Y0.83%
PM growth 5Y3.79%
GM growth 3Y10.41%
GM growth 5Y5.55%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GTLS is destroying value.
Compared to 1 year ago, GTLS has more shares outstanding
GTLS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GTLS has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that GTLS is in the distress zone and has some risk of bankruptcy.
GTLS has a Altman-Z score of 1.70. This is in the lower half of the industry: GTLS underperforms 71.65% of its industry peers.
GTLS has a debt to FCF ratio of 8.45. This is a slightly negative value and a sign of low solvency as GTLS would need 8.45 years to pay back of all of its debts.
With a Debt to FCF ratio value of 8.45, GTLS perfoms like the industry average, outperforming 41.73% of the companies in the same industry.
A Debt/Equity ratio of 1.25 is on the high side and indicates that GTLS has dependencies on debt financing.
GTLS's Debt to Equity ratio of 1.25 is on the low side compared to the rest of the industry. GTLS is outperformed by 81.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 8.45 | ||
| Altman-Z | 1.7 |
ROIC/WACC0.75
WACC10.47%
2.3 Liquidity
GTLS has a Current Ratio of 1.51. This is a normal value and indicates that GTLS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.51, GTLS is not doing good in the industry: 75.59% of the companies in the same industry are doing better.
GTLS has a Quick Ratio of 1.21. This is a normal value and indicates that GTLS is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.21, GTLS perfoms like the industry average, outperforming 46.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
GTLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.89%, which is quite impressive.
GTLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.69% yearly.
The Revenue has grown by 11.65% in the past year. This is quite good.
GTLS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.90% yearly.
EPS 1Y (TTM)45.89%
EPS 3Y45.52%
EPS 5Y27.69%
EPS Q2Q%24.83%
Revenue 1Y (TTM)11.65%
Revenue growth 3Y46.7%
Revenue growth 5Y27.9%
Sales Q2Q%5.34%
3.2 Future
The Earnings Per Share is expected to grow by 13.45% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.36% on average over the next years.
EPS Next Y35.53%
EPS Next 2Y29.66%
EPS Next 3Y24.34%
EPS Next 5Y13.45%
Revenue Next Year9.42%
Revenue Next 2Y9.43%
Revenue Next 3Y8.29%
Revenue Next 5Y7.36%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.20, the valuation of GTLS can be described as rather expensive.
70.87% of the companies in the same industry are more expensive than GTLS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of GTLS to the average of the S&P500 Index (27.51), we can say GTLS is valued slightly cheaper.
GTLS is valuated reasonably with a Price/Forward Earnings ratio of 11.29.
Based on the Price/Forward Earnings ratio, GTLS is valued cheaper than 87.40% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GTLS to the average of the S&P500 Index (35.58), we can say GTLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.2 | ||
| Fwd PE | 11.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GTLS indicates a somewhat cheap valuation: GTLS is cheaper than 66.93% of the companies listed in the same industry.
70.87% of the companies in the same industry are more expensive than GTLS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.72 | ||
| EV/EBITDA | 11.24 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of GTLS may justify a higher PE ratio.
A more expensive valuation may be justified as GTLS's earnings are expected to grow with 24.34% in the coming years.
PEG (NY)0.51
PEG (5Y)0.66
EPS Next 2Y29.66%
EPS Next 3Y24.34%
5. Dividend
5.1 Amount
No dividends for GTLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
164.9
-1.49 (-0.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners113.37%
Inst Owner Change0%
Ins Owners0.54%
Ins Owner Change1.75%
Market Cap7.41B
Analysts80
Price Target211.8 (28.44%)
Short Float %10.27%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.63
Dividend Growth(5Y)N/A
DP11.85%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.28%
Min EPS beat(2)-15.61%
Max EPS beat(2)-0.94%
EPS beat(4)0
Avg EPS beat(4)-9.06%
Min EPS beat(4)-15.61%
Max EPS beat(4)-0.94%
EPS beat(8)2
Avg EPS beat(8)-4.11%
EPS beat(12)5
Avg EPS beat(12)11.82%
EPS beat(16)7
Avg EPS beat(16)7.78%
Revenue beat(2)0
Avg Revenue beat(2)-4.74%
Min Revenue beat(2)-6.99%
Max Revenue beat(2)-2.48%
Revenue beat(4)0
Avg Revenue beat(4)-5.81%
Min Revenue beat(4)-7.86%
Max Revenue beat(4)-2.48%
Revenue beat(8)0
Avg Revenue beat(8)-7.54%
Revenue beat(12)2
Avg Revenue beat(12)-5.84%
Revenue beat(16)2
Avg Revenue beat(16)-5.16%
PT rev (1m)-1.36%
PT rev (3m)-4.04%
EPS NQ rev (1m)-2.13%
EPS NQ rev (3m)-11.4%
EPS NY rev (1m)-0.77%
EPS NY rev (3m)-1.3%
Revenue NQ rev (1m)-0.53%
Revenue NQ rev (3m)-2.84%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.2 | ||
| Fwd PE | 11.29 | ||
| P/S | 1.76 | ||
| P/FCF | 16.72 | ||
| P/OCF | 13.77 | ||
| P/B | 2.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.24 |
EPS(TTM)9.06
EY5.49%
EPS(NY)14.61
Fwd EY8.86%
FCF(TTM)9.86
FCFY5.98%
OCF(TTM)11.97
OCFY7.26%
SpS93.7
BVpS66.69
TBVpS-55.7
PEG (NY)0.51
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.46% | ||
| ROE | 7.66% | ||
| ROCE | 9.22% | ||
| ROIC | 7.85% | ||
| ROICexc | 8.17% | ||
| ROICexgc | 33.01% | ||
| OM | 16.66% | ||
| PM (TTM) | 5.45% | ||
| GM | 33.88% | ||
| FCFM | 10.53% |
ROA(3y)0.91%
ROA(5y)3.33%
ROE(3y)2.79%
ROE(5y)6.32%
ROIC(3y)4.98%
ROIC(5y)4.58%
ROICexc(3y)5.26%
ROICexc(5y)4.84%
ROICexgc(3y)21.78%
ROICexgc(5y)17.94%
ROCE(3y)5.9%
ROCE(5y)5.63%
ROICexcg growth 3Y60.19%
ROICexcg growth 5Y28.33%
ROICexc growth 3Y35.16%
ROICexc growth 5Y20.62%
OM growth 3Y30.3%
OM growth 5Y21.44%
PM growth 3Y0.83%
PM growth 5Y3.79%
GM growth 3Y10.41%
GM growth 5Y5.55%
F-Score9
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 8.45 | ||
| Debt/EBITDA | 3.85 | ||
| Cap/Depr | 35.09% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 55.38% | ||
| Profit Quality | 193.16% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 1.7 |
F-Score9
WACC10.47%
ROIC/WACC0.75
Cap/Depr(3y)64.68%
Cap/Depr(5y)60.78%
Cap/Sales(3y)3.85%
Cap/Sales(5y)3.75%
Profit Quality(3y)128.43%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.89%
EPS 3Y45.52%
EPS 5Y27.69%
EPS Q2Q%24.83%
EPS Next Y35.53%
EPS Next 2Y29.66%
EPS Next 3Y24.34%
EPS Next 5Y13.45%
Revenue 1Y (TTM)11.65%
Revenue growth 3Y46.7%
Revenue growth 5Y27.9%
Sales Q2Q%5.34%
Revenue Next Year9.42%
Revenue Next 2Y9.43%
Revenue Next 3Y8.29%
Revenue Next 5Y7.36%
EBIT growth 1Y44.32%
EBIT growth 3Y91.15%
EBIT growth 5Y55.33%
EBIT Next Year36.19%
EBIT Next 3Y18.42%
EBIT Next 5Y12.5%
FCF growth 1Y2105.88%
FCF growth 3YN/A
FCF growth 5Y31.36%
OCF growth 1Y658.96%
OCF growth 3YN/A
OCF growth 5Y30.3%