KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
113.52 USD
+0.43 (+0.38%)
113.52 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to KEX. KEX was compared to 35 industry peers in the Marine Transportation industry. While KEX has a great health rating, its profitability is only average at the moment. KEX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year KEX was profitable.
KEX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: KEX reported negative net income in multiple years.
In the past 5 years KEX always reported a positive cash flow from operatings.
1.2 Ratios
KEX's Return On Assets of 5.04% is fine compared to the rest of the industry. KEX outperforms 65.71% of its industry peers.
Looking at the Return On Equity, with a value of 9.09%, KEX is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
KEX has a better Return On Invested Capital (6.74%) than 68.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KEX is significantly below the industry average of 18.17%.
The last Return On Invested Capital (6.74%) for KEX is above the 3 year average (4.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 9.09% | ||
| ROIC | 6.74% |
ROA(3y)3.67%
ROA(5y)0.36%
ROE(3y)6.52%
ROE(5y)0.44%
ROIC(3y)4.97%
ROIC(5y)3.63%
1.3 Margins
With a Profit Margin value of 9.22%, KEX perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
In the last couple of years the Profit Margin of KEX has grown nicely.
Looking at the Operating Margin, with a value of 14.13%, KEX is in line with its industry, outperforming 42.86% of the companies in the same industry.
KEX's Operating Margin has improved in the last couple of years.
KEX has a worse Gross Margin (33.64%) than 65.71% of its industry peers.
KEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.13% | ||
| PM (TTM) | 9.22% | ||
| GM | 33.64% |
OM growth 3Y59.45%
OM growth 5Y10.82%
PM growth 3YN/A
PM growth 5Y11.9%
GM growth 3Y7.28%
GM growth 5Y2.75%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KEX is destroying value.
The number of shares outstanding for KEX has been reduced compared to 1 year ago.
Compared to 5 years ago, KEX has less shares outstanding
KEX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.05 indicates that KEX is not in any danger for bankruptcy at the moment.
KEX has a better Altman-Z score (3.05) than 85.71% of its industry peers.
KEX has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as KEX would need 2.12 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.12, KEX belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
KEX has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.31, KEX is doing good in the industry, outperforming 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 3.05 |
ROIC/WACC0.84
WACC8.04%
2.3 Liquidity
KEX has a Current Ratio of 1.70. This is a normal value and indicates that KEX is financially healthy and should not expect problems in meeting its short term obligations.
KEX has a Current ratio (1.70) which is in line with its industry peers.
A Quick Ratio of 1.08 indicates that KEX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.08, KEX is doing worse than 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.01% over the past year.
KEX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.41% yearly.
The Revenue has been growing slightly by 1.59% in the past year.
Measured over the past years, KEX shows a small growth in Revenue. The Revenue has been growing by 2.85% on average per year.
EPS 1Y (TTM)14.01%
EPS 3Y104.33%
EPS 5Y13.41%
EPS Q2Q%6.45%
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
3.2 Future
The Earnings Per Share is expected to grow by 12.34% on average over the next years. This is quite good.
KEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.18% yearly.
EPS Next Y15.75%
EPS Next 2Y13.9%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue Next Year2.94%
Revenue Next 2Y3.53%
Revenue Next 3Y5.18%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 19.11 indicates a rather expensive valuation of KEX.
KEX's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of KEX to the average of the S&P500 Index (26.31), we can say KEX is valued slightly cheaper.
KEX is valuated correctly with a Price/Forward Earnings ratio of 16.03.
KEX's Price/Forward Earnings ratio is in line with the industry average.
KEX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 16.03 |
4.2 Price Multiples
68.57% of the companies in the same industry are cheaper than KEX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, KEX is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.81 | ||
| EV/EBITDA | 10.06 |
4.3 Compensation for Growth
KEX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
KEX has a very decent profitability rating, which may justify a higher PE ratio.
KEX's earnings are expected to grow with 12.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.21
PEG (5Y)1.42
EPS Next 2Y13.9%
EPS Next 3Y12.34%
5. Dividend
5.1 Amount
KEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
113.52
+0.43 (+0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.07%
Inst Owner Change-4.14%
Ins Owners0.73%
Ins Owner Change-0.19%
Market Cap6.33B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts86
Price Target129.25 (13.86%)
Short Float %4.54%
Short Ratio2.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.37%
Min EPS beat(2)-0.03%
Max EPS beat(2)0.77%
EPS beat(4)2
Avg EPS beat(4)0.62%
Min EPS beat(4)-0.86%
Max EPS beat(4)2.61%
EPS beat(8)5
Avg EPS beat(8)4.23%
EPS beat(12)8
Avg EPS beat(12)3.82%
EPS beat(16)12
Avg EPS beat(16)4.42%
Revenue beat(2)1
Avg Revenue beat(2)0.71%
Min Revenue beat(2)-0.52%
Max Revenue beat(2)1.93%
Revenue beat(4)1
Avg Revenue beat(4)-1.21%
Min Revenue beat(4)-5.08%
Max Revenue beat(4)1.93%
Revenue beat(8)3
Avg Revenue beat(8)-0.3%
Revenue beat(12)5
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.12%
PT rev (1m)8%
PT rev (3m)0.97%
EPS NQ rev (1m)0.63%
EPS NQ rev (3m)0.29%
EPS NY rev (1m)0.43%
EPS NY rev (3m)-0.87%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 16.03 | ||
| P/S | 1.91 | ||
| P/FCF | 12.81 | ||
| P/OCF | 7.83 | ||
| P/B | 1.88 | ||
| P/tB | 2.19 | ||
| EV/EBITDA | 10.06 |
EPS(TTM)5.94
EY5.23%
EPS(NY)7.08
Fwd EY6.24%
FCF(TTM)8.86
FCFY7.81%
OCF(TTM)14.49
OCFY12.77%
SpS59.4
BVpS60.24
TBVpS51.82
PEG (NY)1.21
PEG (5Y)1.42
Graham Number89.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 9.09% | ||
| ROCE | 8.7% | ||
| ROIC | 6.74% | ||
| ROICexc | 6.8% | ||
| ROICexgc | 7.46% | ||
| OM | 14.13% | ||
| PM (TTM) | 9.22% | ||
| GM | 33.64% | ||
| FCFM | 14.92% |
ROA(3y)3.67%
ROA(5y)0.36%
ROE(3y)6.52%
ROE(5y)0.44%
ROIC(3y)4.97%
ROIC(5y)3.63%
ROICexc(3y)5.03%
ROICexc(5y)3.67%
ROICexgc(3y)5.57%
ROICexgc(5y)4.08%
ROCE(3y)6.42%
ROCE(5y)4.68%
ROICexgc growth 3Y77.3%
ROICexgc growth 5Y12.98%
ROICexc growth 3Y77.93%
ROICexc growth 5Y16.13%
OM growth 3Y59.45%
OM growth 5Y10.82%
PM growth 3YN/A
PM growth 5Y11.9%
GM growth 3Y7.28%
GM growth 5Y2.75%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Debt/EBITDA | 1.43 | ||
| Cap/Depr | 121.36% | ||
| Cap/Sales | 9.48% | ||
| Interest Coverage | 10.35 | ||
| Cash Conversion | 111.21% | ||
| Profit Quality | 161.86% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 3.05 |
F-Score6
WACC8.04%
ROIC/WACC0.84
Cap/Depr(3y)139.51%
Cap/Depr(5y)106.36%
Cap/Sales(3y)9.89%
Cap/Sales(5y)8.17%
Profit Quality(3y)101.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.01%
EPS 3Y104.33%
EPS 5Y13.41%
EPS Q2Q%6.45%
EPS Next Y15.75%
EPS Next 2Y13.9%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
Revenue Next Year2.94%
Revenue Next 2Y3.53%
Revenue Next 3Y5.18%
Revenue Next 5YN/A
EBIT growth 1Y6.65%
EBIT growth 3Y80.63%
EBIT growth 5Y13.97%
EBIT Next Year67.44%
EBIT Next 3Y22.66%
EBIT Next 5YN/A
FCF growth 1Y281%
FCF growth 3Y22.78%
FCF growth 5Y9.44%
OCF growth 1Y76.91%
OCF growth 3Y32.99%
OCF growth 5Y8.13%
KIRBY CORP / KEX FAQ
What is the ChartMill fundamental rating of KIRBY CORP (KEX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to KEX.
What is the valuation status for KEX stock?
ChartMill assigns a valuation rating of 5 / 10 to KIRBY CORP (KEX). This can be considered as Fairly Valued.
Can you provide the profitability details for KIRBY CORP?
KIRBY CORP (KEX) has a profitability rating of 6 / 10.
What is the earnings growth outlook for KIRBY CORP?
The Earnings per Share (EPS) of KIRBY CORP (KEX) is expected to grow by 15.75% in the next year.