KINETIK HOLDINGS INC (KNTK) Stock Fundamental Analysis
NYSE:KNTK - New York Stock Exchange, Inc. - US02215L2097 - Common Stock - Currency: USD
Overall KNTK gets a fundamental rating of 3 out of 10. We evaluated KNTK against 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of KNTK while its profitability can be described as average. KNTK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year KNTK was profitable.
In the past year KNTK had a positive cash flow from operations.
KNTK had positive earnings in 4 of the past 5 years.
KNTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.01%, KNTK is not doing good in the industry: 64.62% of the companies in the same industry are doing better.
KNTK has a worse Return On Invested Capital (2.99%) than 68.40% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KNTK is significantly below the industry average of 27.42%.
The last Return On Invested Capital (2.99%) for KNTK is above the 3 year average (2.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | N/A | ||
| ROIC | 2.99% |
ROA(3y)2.04%
ROA(5y)1.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.6%
ROIC(5y)2.92%
1.3 Margins
The Profit Margin of KNTK (3.76%) is worse than 60.38% of its industry peers.
KNTK has a worse Operating Margin (11.71%) than 60.85% of its industry peers.
KNTK's Operating Margin has improved in the last couple of years.
The Gross Margin of KNTK (55.86%) is better than 60.85% of its industry peers.
KNTK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.71% | ||
| PM (TTM) | 3.76% | ||
| GM | 55.86% |
OM growth 3Y-33.04%
OM growth 5Y2.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.48%
GM growth 5Y-0.81%
2. Health
2.1 Basic Checks
KNTK 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 KNTK has been increased compared to 1 year ago.
Compared to 5 years ago, KNTK has less shares outstanding
Compared to 1 year ago, KNTK has an improved debt to assets ratio.
2.2 Solvency
KNTK has an Altman-Z score of 0.16. This is a bad value and indicates that KNTK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.16, KNTK is not doing good in the industry: 67.45% of the companies in the same industry are doing better.
KNTK has a debt to FCF ratio of 9.69. This is a negative value and a sign of low solvency as KNTK would need 9.69 years to pay back of all of its debts.
KNTK has a Debt to FCF ratio of 9.69. This is comparable to the rest of the industry: KNTK outperforms 51.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.69 | ||
| Altman-Z | 0.16 |
ROIC/WACC0.28
WACC10.83%
2.3 Liquidity
KNTK has a Current Ratio of 0.70. This is a bad value and indicates that KNTK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of KNTK (0.70) is worse than 74.53% of its industry peers.
A Quick Ratio of 0.70 indicates that KNTK may have some problems paying its short term obligations.
With a Quick ratio value of 0.70, KNTK is not doing good in the industry: 69.81% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for KNTK have decreased strongly by -54.87% in the last year.
Measured over the past years, KNTK shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -61.79% on average per year.
The Revenue has grown by 45.21% in the past year. This is a very strong growth!
KNTK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 61.30% yearly.
EPS 1Y (TTM)-54.87%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-99.41%
Revenue 1Y (TTM)45.21%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%10.56%
3.2 Future
Based on estimates for the next years, KNTK will show a small growth in Earnings Per Share. The EPS will grow by 5.10% on average per year.
Based on estimates for the next years, KNTK will show a quite strong growth in Revenue. The Revenue will grow by 15.37% on average per year.
EPS Next Y77.02%
EPS Next 2Y52.92%
EPS Next 3Y41.17%
EPS Next 5Y5.1%
Revenue Next Year42.28%
Revenue Next 2Y28.25%
Revenue Next 3Y26.54%
Revenue Next 5Y15.37%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 42.89, the valuation of KNTK can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KNTK indicates a slightly more expensive valuation: KNTK is more expensive than 66.98% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of KNTK to the average of the S&P500 Index (28.29), we can say KNTK is valued expensively.
A Price/Forward Earnings ratio of 24.23 indicates a rather expensive valuation of KNTK.
KNTK's Price/Forward Earnings ratio is in line with the industry average.
KNTK is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.89 | ||
| Fwd PE | 24.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNTK is valued a bit more expensive than 71.70% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of KNTK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.12 | ||
| EV/EBITDA | 19.1 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as KNTK's earnings are expected to grow with 41.17% in the coming years.
PEG (NY)0.56
PEG (5Y)N/A
EPS Next 2Y52.92%
EPS Next 3Y41.17%
5. Dividend
5.1 Amount
KNTK has a Yearly Dividend Yield of 7.13%, which is a nice return.
In the last 3 months the price of KNTK has falen by -32.87%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
KNTK's Dividend Yield is a higher than the industry average which is at 7.52.
KNTK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
5.2 History
KNTK has been paying a dividend for over 5 years, so it has already some track record.
KNTK has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
KNTK pays out 577.08% of its income as dividend. This is not a sustainable payout ratio.
DP577.08%
EPS Next 2Y52.92%
EPS Next 3Y41.17%
43.75
+0.43 (+0.99%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners67.31%
Inst Owner ChangeN/A
Ins Owners8.28%
Ins Owner Change2.42%
Market Cap6.91B
Analysts74.74
Price Target60.78 (38.93%)
Short Float %11.68%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
Yearly Dividend2.56
Dividend Growth(5Y)N/A
DP577.08%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-60.26%
Min EPS beat(2)-97.39%
Max EPS beat(2)-23.13%
EPS beat(4)1
Avg EPS beat(4)-42.06%
Min EPS beat(4)-97.39%
Max EPS beat(4)25.12%
EPS beat(8)2
Avg EPS beat(8)-13.85%
EPS beat(12)3
Avg EPS beat(12)-18.6%
EPS beat(16)5
Avg EPS beat(16)27.8%
Revenue beat(2)1
Avg Revenue beat(2)7.11%
Min Revenue beat(2)-3.11%
Max Revenue beat(2)17.33%
Revenue beat(4)3
Avg Revenue beat(4)9.82%
Min Revenue beat(4)-3.11%
Max Revenue beat(4)20.6%
Revenue beat(8)6
Avg Revenue beat(8)5.88%
Revenue beat(12)10
Avg Revenue beat(12)14.32%
Revenue beat(16)13
Avg Revenue beat(16)16.09%
PT rev (1m)-2.3%
PT rev (3m)8.29%
EPS NQ rev (1m)-11.05%
EPS NQ rev (3m)-34.73%
EPS NY rev (1m)-8.38%
EPS NY rev (3m)-25.86%
Revenue NQ rev (1m)-3.64%
Revenue NQ rev (3m)3.84%
Revenue NY rev (1m)-3.1%
Revenue NY rev (3m)10.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.89 | ||
| Fwd PE | 24.23 | ||
| P/S | 3.79 | ||
| P/FCF | 19.12 | ||
| P/OCF | 10.84 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.1 |
EPS(TTM)1.02
EY2.33%
EPS(NY)1.81
Fwd EY4.13%
FCF(TTM)2.29
FCFY5.23%
OCF(TTM)4.03
OCFY9.22%
SpS11.55
BVpS-18.84
TBVpS-23.01
PEG (NY)0.56
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | N/A | ||
| ROCE | 3.34% | ||
| ROIC | 2.99% | ||
| ROICexc | 2.99% | ||
| ROICexgc | 3.32% | ||
| OM | 11.71% | ||
| PM (TTM) | 3.76% | ||
| GM | 55.86% | ||
| FCFM | 19.81% |
ROA(3y)2.04%
ROA(5y)1.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.6%
ROIC(5y)2.92%
ROICexc(3y)2.6%
ROICexc(5y)2.99%
ROICexgc(3y)2.91%
ROICexgc(5y)3.18%
ROCE(3y)2.86%
ROCE(5y)3.21%
ROICexcg growth 3Y-9.6%
ROICexcg growth 5Y25.06%
ROICexc growth 3Y-12.74%
ROICexc growth 5Y22.43%
OM growth 3Y-33.04%
OM growth 5Y2.41%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.48%
GM growth 5Y-0.81%
F-Score5
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.69 | ||
| Debt/EBITDA | 6.52 | ||
| Cap/Depr | 85.09% | ||
| Cap/Sales | 15.12% | ||
| Interest Coverage | 0.87 | ||
| Cash Conversion | 118.52% | ||
| Profit Quality | 526.8% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 0.16 |
F-Score5
WACC10.83%
ROIC/WACC0.28
Cap/Depr(3y)95.84%
Cap/Depr(5y)100.92%
Cap/Sales(3y)21.03%
Cap/Sales(5y)17.23%
Profit Quality(3y)441.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.87%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-99.41%
EPS Next Y77.02%
EPS Next 2Y52.92%
EPS Next 3Y41.17%
EPS Next 5Y5.1%
Revenue 1Y (TTM)45.21%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%10.56%
Revenue Next Year42.28%
Revenue Next 2Y28.25%
Revenue Next 3Y26.54%
Revenue Next 5Y15.37%
EBIT growth 1Y19.51%
EBIT growth 3Y40.49%
EBIT growth 5Y65.19%
EBIT Next Year269.4%
EBIT Next 3Y67.43%
EBIT Next 5Y38.71%
FCF growth 1Y41.8%
FCF growth 3Y20.79%
FCF growth 5YN/A
OCF growth 1Y9.04%
OCF growth 3Y44.85%
OCF growth 5Y52.89%