KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
125.45 USD
-0.02 (-0.02%)
125.45 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to KEX. KEX was compared to 35 industry peers in the Marine Transportation industry. KEX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. KEX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
KEX had positive earnings in the past year.
KEX had a positive operating cash flow in the past year.
In multiple years KEX reported negative net income over the last 5 years.
Each year in the past 5 years KEX had a positive operating cash flow.
1.2 Ratios
KEX has a better Return On Assets (5.04%) than 74.29% of its industry peers.
KEX has a better Return On Equity (9.09%) than 71.43% of its industry peers.
The Return On Invested Capital of KEX (6.74%) is better than 71.43% of its industry peers.
KEX had an Average Return On Invested Capital over the past 3 years of 4.97%. This is below the industry average of 7.59%.
The 3 year average ROIC (4.97%) for KEX is below the current ROIC(6.74%), indicating increased profibility in the last year.
| 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
KEX's Profit Margin of 9.22% is in line compared to the rest of the industry. KEX outperforms 60.00% of its industry peers.
KEX's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 14.13%, KEX perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
In the last couple of years the Operating Margin of KEX has grown nicely.
KEX has a Gross Margin (33.64%) which is in line with 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
KEX 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, KEX has less shares outstanding
Compared to 5 years ago, KEX has less shares outstanding
Compared to 1 year ago, KEX has an improved debt to assets ratio.
2.2 Solvency
KEX has an Altman-Z score of 3.15. This indicates that KEX is financially healthy and has little risk of bankruptcy at the moment.
KEX has a Altman-Z score of 3.15. This is amongst the best in the industry. KEX outperforms 82.86% of its industry peers.
The Debt to FCF ratio of KEX is 2.12, which is a good value as it means it would take KEX, 2.12 years of fcf income to pay off 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 91.43% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that KEX is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.31, KEX perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 3.15 |
ROIC/WACC0.82
WACC8.23%
2.3 Liquidity
A Current Ratio of 1.70 indicates that KEX should not have too much problems paying 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.
KEX has a Quick ratio of 1.08. This is in the lower half of the industry: KEX underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
KEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.01%, which is quite good.
Measured over the past years, KEX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.41% on average per year.
The Revenue has been growing slightly by 1.59% in the past year.
KEX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.85% yearly.
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 12.18% on average over the next years. This is quite good.
Based on estimates for the next years, KEX will show a small growth in Revenue. The Revenue will grow by 5.11% on average per year.
EPS Next Y16.27%
EPS Next 2Y14.12%
EPS Next 3Y12.18%
EPS Next 5YN/A
Revenue Next Year2.91%
Revenue Next 2Y3.47%
Revenue Next 3Y5.11%
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 21.12, 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 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 17.64, which indicates a rather expensive current valuation of KEX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KEX is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, KEX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 17.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KEX is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEX indicates a somewhat cheap valuation: KEX is cheaper than 62.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.75 | ||
| EV/EBITDA | 10.73 |
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 12.18% in the coming years.
PEG (NY)1.3
PEG (5Y)1.57
EPS Next 2Y14.12%
EPS Next 3Y12.18%
5. Dividend
5.1 Amount
No dividends for KEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
125.45
-0.02 (-0.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners104.51%
Inst Owner Change1.08%
Ins Owners0.75%
Ins Owner Change-0.34%
Market Cap6.80B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts90
Price Target129.69 (3.38%)
Short Float %3.46%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0.34%
PT rev (3m)8.36%
EPS NQ rev (1m)-0.29%
EPS NQ rev (3m)-0.24%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)-0.33%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 17.64 | ||
| P/S | 2.05 | ||
| P/FCF | 13.75 | ||
| P/OCF | 8.41 | ||
| P/B | 2.02 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 10.73 |
EPS(TTM)5.94
EY4.73%
EPS(NY)7.11
Fwd EY5.67%
FCF(TTM)9.12
FCFY7.27%
OCF(TTM)14.92
OCFY11.89%
SpS61.15
BVpS62.01
TBVpS53.35
PEG (NY)1.3
PEG (5Y)1.57
Graham Number91.04
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 | 3.15 |
F-Score6
WACC8.23%
ROIC/WACC0.82
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 Y16.27%
EPS Next 2Y14.12%
EPS Next 3Y12.18%
EPS Next 5YN/A
Revenue 1Y (TTM)1.59%
Revenue growth 3Y13.28%
Revenue growth 5Y2.85%
Sales Q2Q%4.81%
Revenue Next Year2.91%
Revenue Next 2Y3.47%
Revenue Next 3Y5.11%
Revenue Next 5YN/A
EBIT growth 1Y6.65%
EBIT growth 3Y80.63%
EBIT growth 5Y13.97%
EBIT Next Year67.32%
EBIT Next 3Y22.13%
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 5 / 10 to KEX.
Can you provide the valuation status for KIRBY CORP?
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.
Can you provide the financial health for KEX stock?
The financial health rating of KIRBY CORP (KEX) is 7 / 10.
Can you provide the expected EPS growth for KEX stock?
The Earnings per Share (EPS) of KIRBY CORP (KEX) is expected to grow by 16.27% in the next year.