KIRBY CORP (KEX) Stock Fundamental Analysis
USA - NYSE:KEX - US4972661064 - Common Stock
107.65 USD
+1.38 (+1.3%)
107.65 USD
0 (0%)
Overall KEX gets a fundamental rating of 5 out of 10. We evaluated KEX against 35 industry peers in the Marine Transportation industry. KEX has only an average score on both its financial health and profitability. 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
With a decent Return On Assets value of 4.98%, KEX is doing good in the industry, outperforming 68.57% of the companies in the same industry.
KEX has a better Return On Equity (8.94%) than 68.57% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.70%, KEX is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KEX is significantly below the industry average of 18.84%.
The last Return On Invested Capital (6.70%) for KEX is above the 3 year average (4.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.98% | ||
| ROE | 8.94% | ||
| ROIC | 6.7% |
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
Looking at the Profit Margin, with a value of 9.25%, KEX is in line with its industry, outperforming 51.43% of the companies in the same industry.
In the last couple of years the Profit Margin of KEX has grown nicely.
The Operating Margin of KEX (14.27%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of KEX has grown nicely.
Looking at the Gross Margin, with a value of 33.70%, KEX is doing worse than 65.71% of the companies in the same industry.
KEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.27% | ||
| PM (TTM) | 9.25% | ||
| GM | 33.7% |
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
KEX 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 KEX has been reduced compared to 1 year ago.
KEX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KEX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.94 indicates that KEX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of KEX (2.94) is better than 85.71% of its industry peers.
The Debt to FCF ratio of KEX is 4.28, which is a neutral value as it means it would take KEX, 4.28 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KEX (4.28) is better than 68.57% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that KEX is not too dependend on debt financing.
The Debt to Equity ratio of KEX (0.33) is better than 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | 2.94 |
ROIC/WACC0.83
WACC8.11%
2.3 Liquidity
A Current Ratio of 1.74 indicates that KEX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.74, KEX is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
KEX has a Quick Ratio of 1.12. This is a normal value and indicates that KEX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.12, KEX perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.12 |
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 5.64% in the past year.
The Revenue has been growing slightly by 2.85% on average over the past years.
EPS 1Y (TTM)14.01%
EPS 3Y104.33%
EPS 5Y13.41%
EPS Q2Q%6.45%
Revenue 1Y (TTM)5.64%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
3.2 Future
Based on estimates for the next years, KEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.34% on average per year.
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.
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 18.12, KEX is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as KEX.
KEX is valuated rather cheaply when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 15.20, the valuation of KEX can be described as correct.
KEX's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 32.68. KEX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KEX is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
KEX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23 | ||
| EV/EBITDA | 9.69 |
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.
A more expensive valuation may be justified as KEX's earnings are expected to grow with 12.34% in the coming years.
PEG (NY)1.15
PEG (5Y)1.35
EPS Next 2Y13.9%
EPS Next 3Y12.34%
5. Dividend
5.1 Amount
No dividends for KEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
107.65
+1.38 (+1.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.07%
Inst Owner Change-1.68%
Ins Owners0.73%
Ins Owner Change1.6%
Market Cap6.01B
Revenue(TTM)3.27B
Net Income(TTM)303.01M
Analysts86
Price Target116.43 (8.16%)
Short Float %4.65%
Short Ratio2.68
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)1.29%
Min EPS beat(2)-0.03%
Max EPS beat(2)2.61%
EPS beat(4)2
Avg EPS beat(4)1.53%
Min EPS beat(4)-0.86%
Max EPS beat(4)4.4%
EPS beat(8)5
Avg EPS beat(8)4.35%
EPS beat(12)8
Avg EPS beat(12)4.48%
EPS beat(16)11
Avg EPS beat(16)2.28%
Revenue beat(2)0
Avg Revenue beat(2)-2.8%
Min Revenue beat(2)-5.08%
Max Revenue beat(2)-0.52%
Revenue beat(4)0
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-5.08%
Max Revenue beat(4)-0.5%
Revenue beat(8)2
Avg Revenue beat(8)-1.1%
Revenue beat(12)5
Avg Revenue beat(12)-0.42%
Revenue beat(16)8
Avg Revenue beat(16)0.19%
PT rev (1m)-6.9%
PT rev (3m)-11.97%
EPS NQ rev (1m)-0.65%
EPS NQ rev (3m)-10.83%
EPS NY rev (1m)-0.78%
EPS NY rev (3m)-4.52%
Revenue NQ rev (1m)0.35%
Revenue NQ rev (3m)-3.15%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.2 | ||
| P/S | 1.83 | ||
| P/FCF | 23 | ||
| P/OCF | 10.28 | ||
| P/B | 1.77 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 9.69 |
EPS(TTM)5.94
EY5.52%
EPS(NY)7.08
Fwd EY6.58%
FCF(TTM)4.68
FCFY4.35%
OCF(TTM)10.47
OCFY9.73%
SpS58.68
BVpS60.72
TBVpS52.26
PEG (NY)1.15
PEG (5Y)1.35
Graham Number90.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.98% | ||
| ROE | 8.94% | ||
| ROCE | 8.65% | ||
| ROIC | 6.7% | ||
| ROICexc | 6.79% | ||
| ROICexgc | 7.45% | ||
| OM | 14.27% | ||
| PM (TTM) | 9.25% | ||
| GM | 33.7% | ||
| FCFM | 7.97% |
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-Score7
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.28 | ||
| Debt/EBITDA | 1.54 | ||
| Cap/Depr | 127.96% | ||
| Cap/Sales | 9.87% | ||
| Interest Coverage | 10.22 | ||
| Cash Conversion | 81.16% | ||
| Profit Quality | 86.18% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.94 |
F-Score7
WACC8.11%
ROIC/WACC0.83
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)5.64%
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 1Y14.34%
EBIT growth 3Y80.63%
EBIT growth 5Y13.97%
EBIT Next Year67.44%
EBIT Next 3Y22.66%
EBIT Next 5YN/A
FCF growth 1Y61.49%
FCF growth 3Y22.78%
FCF growth 5Y9.44%
OCF growth 1Y37.04%
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 5 / 10 to KEX.
What is the valuation status for KEX stock?
ChartMill assigns a valuation rating of 4 / 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.