KIRBY CORP (KEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEX - US4972661064 - Common Stock
112.08 USD
+4.04 (+3.74%)
112.6 USD
+0.52 (+0.46%)
We assign a fundamental rating of 5 out of 10 to KEX. KEX was compared to 35 industry peers in the Marine Transportation industry. Both the profitability and the financial health of KEX get a neutral evaluation. Nothing too spectacular is happening here. KEX is not valued too expensively and it also shows a decent 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.
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
With a decent Return On Assets value of 5.04%, KEX is doing good in the industry, outperforming 65.71% of the companies in the same industry.
KEX has a better Return On Equity (9.09%) 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 18.49%.
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.
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.
With a Gross Margin value of 33.64%, KEX is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
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.
Compared to 1 year ago, KEX has less shares outstanding
The number of shares outstanding for KEX has been reduced compared to 5 years ago.
The debt/assets ratio for KEX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.98 indicates that KEX is not a great score, but indicates only limited risk for bankruptcy at the moment.
KEX has a Altman-Z score of 2.98. This is amongst the best in the industry. KEX outperforms 85.71% 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.
KEX's Debt to FCF ratio of 2.12 is amongst the best of 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 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.12 | ||
| Altman-Z | 2.98 |
ROIC/WACC0.84
WACC8.07%
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 comparable to the rest of the industry.
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.
With a Quick ratio value of 1.08, KEX is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
| 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.
The Revenue has been growing slightly by 1.59% 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)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.
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
KEX is valuated rather expensively with a Price/Earnings ratio of 18.87.
KEX's Price/Earnings ratio is in line with the industry average.
KEX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
KEX is valuated correctly with a Price/Forward Earnings ratio of 15.82.
KEX's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of KEX to the average of the S&P500 Index (35.79), we can say KEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.87 | ||
| Fwd PE | 15.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KEX is valued a bit more expensive than 68.57% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KEX indicates a somewhat cheap valuation: KEX is cheaper than 65.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.65 | ||
| EV/EBITDA | 9.67 |
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)1.2
PEG (5Y)1.41
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 |
112.08
+4.04 (+3.74%)
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 Cap6.25B
Revenue(TTM)3.31B
Net Income(TTM)305.53M
Analysts86
Price Target129.25 (15.32%)
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 | 18.87 | ||
| Fwd PE | 15.82 | ||
| P/S | 1.89 | ||
| P/FCF | 12.65 | ||
| P/OCF | 7.73 | ||
| P/B | 1.86 | ||
| P/tB | 2.16 | ||
| EV/EBITDA | 9.67 |
EPS(TTM)5.94
EY5.3%
EPS(NY)7.08
Fwd EY6.32%
FCF(TTM)8.86
FCFY7.91%
OCF(TTM)14.49
OCFY12.93%
SpS59.4
BVpS60.24
TBVpS51.82
PEG (NY)1.2
PEG (5Y)1.41
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 | 2.98 |
F-Score6
WACC8.07%
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 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.