KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
113.72 USD
+0.2 (+0.18%)
113.72 USD
0 (0%)
KEX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KEX was profitable.
In the past year KEX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: KEX reported negative net income in multiple years.
Each year in the past 5 years KEX had a positive operating cash flow.
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.
With a decent Return On Equity value of 9.09%, KEX is doing good in the industry, outperforming 68.57% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.74%, KEX is doing good in the industry, outperforming 68.57% of the companies in the same industry.
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
Looking at the Profit Margin, with a value of 9.22%, 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.
KEX has a Operating Margin (14.13%) which 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 33.64%, 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 | 14.13% | ||
| 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.
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.
The debt/assets ratio for KEX has been reduced compared to a year ago.
2.2 Solvency
KEX has an Altman-Z score of 3.01. This indicates that KEX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of KEX (3.01) is better than 82.86% 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.
KEX's Debt to FCF ratio of 2.12 is amongst the best of the industry. KEX outperforms 82.86% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that KEX is not too dependend on debt financing.
KEX has a better Debt to Equity ratio (0.31) than 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 3.01 |
ROIC/WACC0.84
WACC8.04%
2.3 Liquidity
A Current Ratio of 1.70 indicates that KEX should not have too much problems paying its short term obligations.
KEX's Current ratio of 1.70 is in line compared to the rest of the industry. KEX outperforms 57.14% of its industry peers.
KEX has a Quick Ratio of 1.08. 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 Quick ratio of 1.08. This is in the lower half of the industry: KEX underperforms 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.
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
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.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 19.14 indicates a rather expensive valuation of KEX.
The rest of the industry has a similar Price/Earnings ratio as KEX.
Compared to an average S&P500 Price/Earnings ratio of 26.11, KEX is valued a bit cheaper.
KEX is valuated correctly with a Price/Forward Earnings ratio of 16.06.
The rest of the industry has a similar Price/Forward Earnings ratio as KEX.
KEX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.14 | ||
| Fwd PE | 16.06 |
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.
KEX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KEX is cheaper than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.46 | ||
| EV/EBITDA | 9.85 |
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)1.22
PEG (5Y)1.43
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 |
113.72
+0.2 (+0.18%)
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 Cap6.16B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts86
Price Target129.25 (13.66%)
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)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 | 19.14 | ||
| Fwd PE | 16.06 | ||
| P/S | 1.86 | ||
| P/FCF | 12.46 | ||
| P/OCF | 7.62 | ||
| P/B | 1.83 | ||
| P/tB | 2.13 | ||
| EV/EBITDA | 9.85 |
EPS(TTM)5.94
EY5.22%
EPS(NY)7.08
Fwd EY6.23%
FCF(TTM)9.12
FCFY8.02%
OCF(TTM)14.92
OCFY13.12%
SpS61.15
BVpS62.01
TBVpS53.35
PEG (NY)1.22
PEG (5Y)1.43
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 | 3.01 |
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.