KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
112.92 USD
+1.29 (+1.16%)
112.92 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
KEX had positive earnings in the past year.
In the past year KEX had a positive cash flow from operations.
In multiple years KEX reported negative net income over the last 5 years.
In the past 5 years KEX always reported a positive cash flow from operatings.
1.2 Ratios
KEX has a Return On Assets of 5.04%. This is in the better half of the industry: KEX outperforms 65.71% of its industry peers.
The Return On Equity of KEX (9.09%) is better than 68.57% of its industry peers.
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 18.08%.
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.
KEX's Profit Margin has improved in the last couple of years.
KEX has a Operating Margin (14.13%) which is comparable to the rest of the industry.
KEX's Operating Margin has improved in the last couple of years.
KEX's Gross Margin of 33.64% is on the low side compared to the rest of the industry. KEX is outperformed by 65.71% of its industry peers.
In the last couple of years the Gross Margin of KEX has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KEX is destroying value.
KEX has less shares outstanding than it did 1 year ago.
KEX has less shares outstanding than it did 5 years ago.
KEX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.99 indicates that KEX is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.99, KEX belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
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.
KEX has a Debt to FCF ratio of 2.12. This is amongst the best in the industry. KEX outperforms 82.86% of its industry peers.
KEX has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
KEX has a Debt to Equity ratio of 0.31. This is in the better half of the industry: KEX outperforms 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 2.99 |
ROIC/WACC0.83
WACC8.14%
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's Quick ratio of 1.08 is on the low side compared to the rest of the industry. KEX is outperformed by 68.57% of its industry peers.
| 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.
The Earnings Per Share has been growing by 13.41% on average over the past years. This is quite good.
Looking at the last year, KEX shows a small growth in Revenue. The Revenue has grown by 1.59% in the last 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.
Based on estimates for the next years, KEX will show a small growth in Revenue. The Revenue will grow by 5.18% on average per year.
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
Based on the Price/Earnings ratio of 19.01, the valuation of KEX can be described as rather expensive.
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 (26.46), we can say KEX is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.94, which indicates a correct 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.
The average S&P500 Price/Forward Earnings ratio is at 36.10. KEX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.01 | ||
| Fwd PE | 15.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KEX is valued a bit more expensive than the industry average as 65.71% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, KEX is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.38 | ||
| EV/EBITDA | 9.7 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of KEX 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)1.21
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 |
112.92
+1.29 (+1.16%)
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 Cap6.12B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts86
Price Target129.25 (14.46%)
Short Float %3.93%
Short Ratio2.28
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)11.01%
PT rev (3m)0.97%
EPS NQ rev (1m)1.66%
EPS NQ rev (3m)1.31%
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 | 19.01 | ||
| Fwd PE | 15.94 | ||
| P/S | 1.85 | ||
| P/FCF | 12.38 | ||
| P/OCF | 7.57 | ||
| P/B | 1.82 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 9.7 |
EPS(TTM)5.94
EY5.26%
EPS(NY)7.08
Fwd EY6.27%
FCF(TTM)9.12
FCFY8.08%
OCF(TTM)14.92
OCFY13.21%
SpS61.15
BVpS62.01
TBVpS53.35
PEG (NY)1.21
PEG (5Y)1.42
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 | 2.99 |
F-Score6
WACC8.14%
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)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 5 / 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.