LIBERTY ENERGY INC (LBRT) Stock Fundamental Analysis
USA - NYSE:LBRT - US53115L1044 - Common Stock
15.92 USD
+0.64 (+4.19%)
16.1 USD
+0.18 (+1.13%)
Taking everything into account, LBRT scores 4 out of 10 in our fundamental rating. LBRT was compared to 60 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of LBRT get a neutral evaluation. Nothing too spectacular is happening here. LBRT has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
LBRT had positive earnings in the past year.
LBRT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LBRT reported negative net income in multiple years.
Each year in the past 5 years LBRT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LBRT (5.31%) is better than 65.00% of its industry peers.
Looking at the Return On Equity, with a value of 8.99%, LBRT is in line with its industry, outperforming 60.00% of the companies in the same industry.
LBRT has a Return On Invested Capital of 2.04%. This is in the lower half of the industry: LBRT underperforms 76.67% of its industry peers.
LBRT had an Average Return On Invested Capital over the past 3 years of 18.48%. This is significantly above the industry average of 7.82%.
The 3 year average ROIC (18.48%) for LBRT is well above the current ROIC(2.04%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 8.99% | ||
| ROIC | 2.04% |
ROA(3y)14.48%
ROA(5y)5.71%
ROE(3y)24.3%
ROE(5y)9.62%
ROIC(3y)18.48%
ROIC(5y)N/A
1.3 Margins
LBRT has a Profit Margin (4.76%) which is in line with its industry peers.
LBRT's Profit Margin has improved in the last couple of years.
LBRT's Operating Margin of 1.91% is on the low side compared to the rest of the industry. LBRT is outperformed by 76.67% of its industry peers.
In the last couple of years the Operating Margin of LBRT has grown nicely.
The Gross Margin of LBRT (21.11%) is worse than 65.00% of its industry peers.
LBRT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.91% | ||
| PM (TTM) | 4.76% | ||
| GM | 21.11% |
OM growth 3YN/A
OM growth 5Y10.37%
PM growth 3YN/A
PM growth 5Y30.17%
GM growth 3Y42.43%
GM growth 5Y6.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), LBRT is creating value.
LBRT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for LBRT has been increased compared to 5 years ago.
LBRT has a worse debt/assets ratio than last year.
2.2 Solvency
LBRT has an Altman-Z score of 2.79. This is not the best score and indicates that LBRT is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.79, LBRT is doing good in the industry, outperforming 73.33% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that LBRT is not too dependend on debt financing.
LBRT has a Debt to Equity ratio of 0.22. This is in the better half of the industry: LBRT outperforms 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.79 |
ROIC/WACC0.23
WACC8.8%
2.3 Liquidity
LBRT has a Current Ratio of 1.32. This is a normal value and indicates that LBRT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.32, LBRT is not doing good in the industry: 78.33% of the companies in the same industry are doing better.
A Quick Ratio of 1.05 indicates that LBRT should not have too much problems paying its short term obligations.
The Quick ratio of LBRT (1.05) is worse than 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
LBRT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -60.87%.
The Earnings Per Share has been growing by 23.91% on average over the past years. This is a very strong growth
LBRT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.05%.
The Revenue has been growing by 16.74% on average over the past years. This is quite good.
EPS 1Y (TTM)-60.87%
EPS 3YN/A
EPS 5Y23.91%
EPS Q2Q%-42.22%
Revenue 1Y (TTM)-12.05%
Revenue growth 3Y20.43%
Revenue growth 5Y16.74%
Sales Q2Q%-16.79%
3.2 Future
Based on estimates for the next years, LBRT will show a very negative growth in Earnings Per Share. The EPS will decrease by -18.97% on average per year.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y-72.65%
EPS Next 2Y-46.82%
EPS Next 3Y-27.54%
EPS Next 5Y-18.97%
Revenue Next Year-12.11%
Revenue Next 2Y-8.03%
Revenue Next 3Y-2.1%
Revenue Next 5Y2.82%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
LBRT is valuated rather expensively with a Price/Earnings ratio of 19.65.
LBRT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.89. LBRT is valued slightly cheaper when compared to this.
The Forward Price/Earnings Ratio is negative for LBRT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | N/A |
4.2 Price Multiples
73.33% of the companies in the same industry are more expensive than LBRT, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.32 |
4.3 Compensation for Growth
The decent profitability rating of LBRT may justify a higher PE ratio.
A cheap valuation may be justified as LBRT's earnings are expected to decrease with -27.54% in the coming years.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y-46.82%
EPS Next 3Y-27.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.36%, LBRT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.97, LBRT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, LBRT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
On average, the dividend of LBRT grows each year by 17.58%, which is quite nice.
LBRT has been paying a dividend for over 5 years, so it has already some track record.
The dividend of LBRT decreased in the last 3 years.
Dividend Growth(5Y)17.58%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
28.43% of the earnings are spent on dividend by LBRT. This is a low number and sustainable payout ratio.
DP28.43%
EPS Next 2Y-46.82%
EPS Next 3Y-27.54%
15.92
+0.64 (+4.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.71%
Inst Owner Change4.25%
Ins Owners2%
Ins Owner Change0.01%
Market Cap2.58B
Revenue(TTM)3.91B
Net Income(TTM)186.07M
Analysts76.67
Price Target16.97 (6.6%)
Short Float %6.26%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend0.29
Dividend Growth(5Y)17.58%
DP28.43%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)789.73%
Min EPS beat(2)-19.97%
Max EPS beat(2)1599.42%
EPS beat(4)3
Avg EPS beat(4)485.12%
Min EPS beat(4)-19.97%
Max EPS beat(4)1599.42%
EPS beat(8)4
Avg EPS beat(8)236.77%
EPS beat(12)7
Avg EPS beat(12)161.72%
EPS beat(16)10
Avg EPS beat(16)136.42%
Revenue beat(2)1
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-3.62%
Max Revenue beat(2)1.81%
Revenue beat(4)2
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-6.21%
Max Revenue beat(4)1.81%
Revenue beat(8)2
Avg Revenue beat(8)-2.28%
Revenue beat(12)4
Avg Revenue beat(12)-1.71%
Revenue beat(16)7
Avg Revenue beat(16)0.01%
PT rev (1m)15.1%
PT rev (3m)9.39%
EPS NQ rev (1m)-37.67%
EPS NQ rev (3m)-97.71%
EPS NY rev (1m)70.11%
EPS NY rev (3m)24.02%
Revenue NQ rev (1m)-3.55%
Revenue NQ rev (3m)-4.93%
Revenue NY rev (1m)-1.49%
Revenue NY rev (3m)-1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | N/A | ||
| P/S | 0.66 | ||
| P/FCF | N/A | ||
| P/OCF | 4.36 | ||
| P/B | 1.25 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 5.32 |
EPS(TTM)0.81
EY5.09%
EPS(NY)-0.29
Fwd EYN/A
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)3.65
OCFY22.94%
SpS24.15
BVpS12.78
TBVpS12.78
PEG (NY)N/A
PEG (5Y)0.82
Graham Number15.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.31% | ||
| ROE | 8.99% | ||
| ROCE | 2.65% | ||
| ROIC | 2.04% | ||
| ROICexc | 2.05% | ||
| ROICexgc | 2.05% | ||
| OM | 1.91% | ||
| PM (TTM) | 4.76% | ||
| GM | 21.11% | ||
| FCFM | N/A |
ROA(3y)14.48%
ROA(5y)5.71%
ROE(3y)24.3%
ROE(5y)9.62%
ROIC(3y)18.48%
ROIC(5y)N/A
ROICexc(3y)18.79%
ROICexc(5y)N/A
ROICexgc(3y)18.84%
ROICexgc(5y)N/A
ROCE(3y)23.99%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y4.23%
ROICexc growth 3YN/A
ROICexc growth 5Y4.23%
OM growth 3YN/A
OM growth 5Y10.37%
PM growth 3YN/A
PM growth 5Y30.17%
GM growth 3Y42.43%
GM growth 5Y6.73%
F-Score5
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 115.88% | ||
| Cap/Sales | 15.18% | ||
| Interest Coverage | 1.96 | ||
| Cash Conversion | 100.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 2.79 |
F-Score5
WACC8.8%
ROIC/WACC0.23
Cap/Depr(3y)137.31%
Cap/Depr(5y)109.02%
Cap/Sales(3y)12.9%
Cap/Sales(5y)11.49%
Profit Quality(3y)50%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.87%
EPS 3YN/A
EPS 5Y23.91%
EPS Q2Q%-42.22%
EPS Next Y-72.65%
EPS Next 2Y-46.82%
EPS Next 3Y-27.54%
EPS Next 5Y-18.97%
Revenue 1Y (TTM)-12.05%
Revenue growth 3Y20.43%
Revenue growth 5Y16.74%
Sales Q2Q%-16.79%
Revenue Next Year-12.11%
Revenue Next 2Y-8.03%
Revenue Next 3Y-2.1%
Revenue Next 5Y2.82%
EBIT growth 1Y-84.86%
EBIT growth 3YN/A
EBIT growth 5Y28.84%
EBIT Next Year47.47%
EBIT Next 3Y16.77%
EBIT Next 5Y14.1%
FCF growth 1Y-100.58%
FCF growth 3YN/A
FCF growth 5Y22.03%
OCF growth 1Y-38.24%
OCF growth 3Y82.92%
OCF growth 5Y26.01%
LIBERTY ENERGY INC / LBRT FAQ
What is the ChartMill fundamental rating of LIBERTY ENERGY INC (LBRT) stock?
ChartMill assigns a fundamental rating of 4 / 10 to LBRT.
What is the valuation status of LIBERTY ENERGY INC (LBRT) stock?
ChartMill assigns a valuation rating of 2 / 10 to LIBERTY ENERGY INC (LBRT). This can be considered as Overvalued.
Can you provide the profitability details for LIBERTY ENERGY INC?
LIBERTY ENERGY INC (LBRT) has a profitability rating of 6 / 10.
What is the financial health of LIBERTY ENERGY INC (LBRT) stock?
The financial health rating of LIBERTY ENERGY INC (LBRT) is 4 / 10.
What is the earnings growth outlook for LIBERTY ENERGY INC?
The Earnings per Share (EPS) of LIBERTY ENERGY INC (LBRT) is expected to decline by -72.65% in the next year.