LIBERTY ENERGY INC (LBRT) Stock Fundamental Analysis
USA - NYSE:LBRT - US53115L1044 - Common Stock
17.43 USD
+0.42 (+2.47%)
17.6199 USD
+0.19 (+1.09%)
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. LBRT has only an average score on both its financial health and profitability. LBRT has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year LBRT was profitable.
LBRT had a positive operating cash flow in the past year.
In multiple years LBRT reported negative net income over the last 5 years.
LBRT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.31%, LBRT is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Return On Equity of LBRT (8.99%) is better than 61.67% of its industry peers.
LBRT has a worse Return On Invested Capital (2.04%) than 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 last Return On Invested Capital (2.04%) for LBRT is well below the 3 year average (18.48%), which needs to be investigated, but indicates that LBRT had better years and this may not be a problem.
| 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
With a Profit Margin value of 4.76%, LBRT perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of LBRT has grown nicely.
LBRT has a Operating Margin of 1.91%. This is in the lower half of the industry: LBRT underperforms 76.67% of its industry peers.
In the last couple of years the Operating Margin of LBRT has grown nicely.
LBRT has a worse Gross Margin (21.11%) than 65.00% of its industry peers.
In the last couple of years the Gross Margin of LBRT has grown nicely.
| 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.
The number of shares outstanding for LBRT has been reduced compared to 1 year ago.
Compared to 5 years ago, LBRT has more shares outstanding
Compared to 1 year ago, LBRT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.86 indicates that LBRT is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.86, LBRT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
LBRT has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
LBRT's Debt to Equity ratio of 0.22 is fine compared to the rest 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 | 2.86 |
ROIC/WACC0.23
WACC8.75%
2.3 Liquidity
A Current Ratio of 1.32 indicates that LBRT should not have too much problems paying its short term obligations.
LBRT has a Current ratio of 1.32. This is in the lower half of the industry: LBRT underperforms 75.00% of its industry peers.
A Quick Ratio of 1.05 indicates that LBRT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.05, LBRT is doing worse than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The earnings per share for LBRT have decreased strongly by -60.87% in the last year.
The Earnings Per Share has been growing by 23.91% on average over the past years. This is a very strong growth
The Revenue for LBRT has decreased by -12.05% in the past year. This is quite bad
LBRT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.74% yearly.
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.
Based on estimates for the next years, LBRT will show a small growth in Revenue. The Revenue will grow by 2.82% on average per year.
EPS Next Y-71.17%
EPS Next 2Y-46.56%
EPS Next 3Y-26.84%
EPS Next 5Y-18.97%
Revenue Next Year-11.46%
Revenue Next 2Y-7.28%
Revenue Next 3Y-2.72%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.52, the valuation of LBRT can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of LBRT is on the same level as its industry peers.
LBRT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.13.
The Forward Price/Earnings Ratio is negative for LBRT. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LBRT is valued a bit cheaper than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.62 |
4.3 Compensation for Growth
LBRT has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as LBRT's earnings are expected to decrease with -26.84% in the coming years.
PEG (NY)N/A
PEG (5Y)0.9
EPS Next 2Y-46.56%
EPS Next 3Y-26.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.92%, LBRT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.92, LBRT pays a bit more dividend than its industry peers.
LBRT's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
5.2 History
The dividend of LBRT is nicely growing with an annual growth rate of 17.58%!
LBRT has been paying a dividend for over 5 years, so it has already some track record.
LBRT has decreased its dividend 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-46.56%
EPS Next 3Y-26.84%
17.43
+0.42 (+2.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.71%
Inst Owner Change-1.12%
Ins Owners2%
Ins Owner Change0%
Market Cap2.82B
Revenue(TTM)3.91B
Net Income(TTM)186.07M
Analysts75.56
Price Target16.97 (-2.64%)
Short Float %6.26%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.92% |
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)14.4%
PT rev (3m)6.28%
EPS NQ rev (1m)-18.25%
EPS NQ rev (3m)-138.37%
EPS NY rev (1m)79.31%
EPS NY rev (3m)30.73%
Revenue NQ rev (1m)-3.7%
Revenue NQ rev (3m)-4.76%
Revenue NY rev (1m)-0.76%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | N/A | ||
| P/S | 0.72 | ||
| P/FCF | N/A | ||
| P/OCF | 4.77 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 5.62 |
EPS(TTM)0.81
EY4.65%
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)3.65
OCFY20.95%
SpS24.15
BVpS12.78
TBVpS12.78
PEG (NY)N/A
PEG (5Y)0.9
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 | 2.86 |
F-Score5
WACC8.75%
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-71.17%
EPS Next 2Y-46.56%
EPS Next 3Y-26.84%
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-11.46%
Revenue Next 2Y-7.28%
Revenue Next 3Y-2.72%
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 -71.17% in the next year.