KINETIK HOLDINGS INC (KNTK) Stock Fundamental Analysis
USA - NYSE:KNTK - US02215L2097 - Common Stock
44.17 USD
+0.04 (+0.09%)
44.17 USD
0 (0%)
Taking everything into account, KNTK scores 3 out of 10 in our fundamental rating. KNTK was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While KNTK is still in line with the averages on profitability rating, there are concerns on its financial health. KNTK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
KNTK had positive earnings in the past year.
In the past year KNTK had a positive cash flow from operations.
Of the past 5 years KNTK 4 years were profitable.
Each year in the past 5 years KNTK had a positive operating cash flow.
1.2 Ratios
The Return On Assets of KNTK (0.62%) is worse than 64.29% of its industry peers.
With a Return On Invested Capital value of 2.58%, KNTK is not doing good in the industry: 68.10% of the companies in the same industry are doing better.
KNTK had an Average Return On Invested Capital over the past 3 years of 2.60%. This is significantly below the industry average of 21.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | N/A | ||
| ROIC | 2.58% |
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
With a Profit Margin value of 2.68%, KNTK perfoms like the industry average, outperforming 41.43% of the companies in the same industry.
Looking at the Operating Margin, with a value of 11.69%, KNTK is in line with its industry, outperforming 42.38% of the companies in the same industry.
KNTK's Operating Margin has improved in the last couple of years.
KNTK's Gross Margin of 56.05% is fine compared to the rest of the industry. KNTK outperforms 65.24% of its industry peers.
In the last couple of years the Gross Margin of KNTK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.69% | ||
| PM (TTM) | 2.68% | ||
| GM | 56.05% |
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.
Compared to 1 year ago, KNTK has more shares outstanding
KNTK has less shares outstanding than it did 5 years ago.
KNTK has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.43, we must say that KNTK is in the distress zone and has some risk of bankruptcy.
KNTK's Altman-Z score of 0.43 is on the low side compared to the rest of the industry. KNTK is outperformed by 64.76% of its industry peers.
The Debt to FCF ratio of KNTK is 14.49, which is on the high side as it means it would take KNTK, 14.49 years of fcf income to pay off all of its debts.
KNTK has a Debt to FCF ratio of 14.49. This is comparable to the rest of the industry: KNTK outperforms 49.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Altman-Z | 0.43 |
ROIC/WACC0.29
WACC9.03%
2.3 Liquidity
A Current Ratio of 0.62 indicates that KNTK may have some problems paying its short term obligations.
With a Current ratio value of 0.62, KNTK is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
A Quick Ratio of 0.62 indicates that KNTK may have some problems paying its short term obligations.
The Quick ratio of KNTK (0.62) is worse than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for KNTK have decreased strongly by -71.21% in the last year.
The earnings per share for KNTK have been decreasing by -61.79% on average. This is quite bad
Looking at the last year, KNTK shows a decrease in Revenue. The Revenue has decreased by -4.03% in the last year.
The Revenue has been growing by 61.30% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-71.21%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-38.89%
Revenue 1Y (TTM)-4.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%18.72%
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.
KNTK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.37% yearly.
EPS Next Y31.42%
EPS Next 2Y49.64%
EPS Next 3Y39.7%
EPS Next 5Y5.1%
Revenue Next Year37.44%
Revenue Next 2Y29.8%
Revenue Next 3Y23.6%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 59.69 indicates a quite expensive valuation of KNTK.
Based on the Price/Earnings ratio, KNTK is valued a bit more expensive than 66.67% of the companies in the same industry.
KNTK is valuated expensively when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 19.34, the valuation of KNTK can be described as rather expensive.
KNTK's Price/Forward Earnings is on the same level as the industry average.
KNTK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.69 | ||
| Fwd PE | 19.34 |
4.2 Price Multiples
69.05% of the companies in the same industry are cheaper than KNTK, based on the Enterprise Value to EBITDA ratio.
KNTK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.41 | ||
| EV/EBITDA | 19.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KNTK does not grow enough to justify the current Price/Earnings ratio.
KNTK's earnings are expected to grow with 39.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.9
PEG (5Y)N/A
EPS Next 2Y49.64%
EPS Next 3Y39.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.21%, KNTK is a good candidate for dividend investing.
KNTK's Dividend Yield is a higher than the industry average which is at 6.17.
Compared to an average S&P500 Dividend Yield of 2.38, KNTK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
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
1101.06% of the earnings are spent on dividend by KNTK. This is not a sustainable payout ratio.
DP1101.06%
EPS Next 2Y49.64%
EPS Next 3Y39.7%
44.17
+0.04 (+0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners71.86%
Inst Owner ChangeN/A
Ins Owners8.32%
Ins Owner Change0.99%
Market Cap7.15B
Analysts77
Price Target53.29 (20.65%)
Short Float %8.94%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
Yearly Dividend2.56
Dividend Growth(5Y)N/A
DP1101.06%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-27.58%
Min EPS beat(2)-84.45%
Max EPS beat(2)29.3%
EPS beat(4)1
Avg EPS beat(4)-43.92%
Min EPS beat(4)-97.39%
Max EPS beat(4)29.3%
EPS beat(8)3
Avg EPS beat(8)-4.25%
EPS beat(12)4
Avg EPS beat(12)-13.74%
EPS beat(16)5
Avg EPS beat(16)-3.05%
Revenue beat(2)0
Avg Revenue beat(2)-1.84%
Min Revenue beat(2)-2.72%
Max Revenue beat(2)-0.96%
Revenue beat(4)1
Avg Revenue beat(4)2.63%
Min Revenue beat(4)-3.11%
Max Revenue beat(4)17.33%
Revenue beat(8)4
Avg Revenue beat(8)3.32%
Revenue beat(12)8
Avg Revenue beat(12)6.02%
Revenue beat(16)11
Avg Revenue beat(16)15.04%
PT rev (1m)-0.56%
PT rev (3m)-2.95%
EPS NQ rev (1m)-9.39%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-17.3%
Revenue NQ rev (1m)-2.51%
Revenue NQ rev (3m)-5.65%
Revenue NY rev (1m)1.26%
Revenue NY rev (3m)12.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.69 | ||
| Fwd PE | 19.34 | ||
| P/S | 4.33 | ||
| P/FCF | 26.41 | ||
| P/OCF | 10.77 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.58 |
EPS(TTM)0.74
EY1.68%
EPS(NY)2.28
Fwd EY5.17%
FCF(TTM)1.67
FCFY3.79%
OCF(TTM)4.1
OCFY9.28%
SpS10.2
BVpS-9.67
TBVpS-13.45
PEG (NY)1.9
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | N/A | ||
| ROCE | 2.91% | ||
| ROIC | 2.58% | ||
| ROICexc | 2.59% | ||
| ROICexgc | 2.84% | ||
| OM | 11.69% | ||
| PM (TTM) | 2.68% | ||
| GM | 56.05% | ||
| FCFM | 16.4% |
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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.49 | ||
| Debt/EBITDA | 7.07 | ||
| Cap/Depr | 108.62% | ||
| Cap/Sales | 23.8% | ||
| Interest Coverage | 0.93 | ||
| Cash Conversion | 119.62% | ||
| Profit Quality | 611.03% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0.43 |
F-Score5
WACC9.03%
ROIC/WACC0.29
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)-71.21%
EPS 3Y-39.67%
EPS 5Y-61.79%
EPS Q2Q%-38.89%
EPS Next Y31.42%
EPS Next 2Y49.64%
EPS Next 3Y39.7%
EPS Next 5Y5.1%
Revenue 1Y (TTM)-4.03%
Revenue growth 3Y109.79%
Revenue growth 5Y61.3%
Sales Q2Q%18.72%
Revenue Next Year37.44%
Revenue Next 2Y29.8%
Revenue Next 3Y23.6%
Revenue Next 5Y15.37%
EBIT growth 1Y-11.68%
EBIT growth 3Y40.49%
EBIT growth 5Y65.19%
EBIT Next Year253.24%
EBIT Next 3Y63.9%
EBIT Next 5Y38.78%
FCF growth 1Y4.46%
FCF growth 3Y20.79%
FCF growth 5YN/A
OCF growth 1Y15.46%
OCF growth 3Y44.85%
OCF growth 5Y52.89%