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%)
LBRT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. LBRT has only an average score on both its financial health and profitability. LBRT does not seem to be growing, but still is valued expensively.
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.
Each year in the past 5 years LBRT had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.31%, LBRT is doing good in the industry, outperforming 65.00% of the companies in the same industry.
LBRT has a Return On Equity (8.99%) which is in line with its industry peers.
The Return On Invested Capital of LBRT (2.04%) is worse than 76.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LBRT 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
LBRT has a Profit Margin of 4.76%. This is comparable to the rest of the industry: LBRT outperforms 48.33% of its industry peers.
LBRT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 1.91%, LBRT is doing worse than 76.67% of the companies in the same industry.
In the last couple of years the Operating Margin of LBRT has grown nicely.
LBRT's Gross Margin of 21.11% is on the low side compared to the rest of the industry. LBRT is outperformed by 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LBRT is creating value.
Compared to 1 year ago, LBRT has less shares outstanding
Compared to 5 years ago, LBRT has more shares outstanding
The debt/assets ratio for LBRT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.79 indicates that LBRT is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of LBRT (2.79) is better than 73.33% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that LBRT is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.22, LBRT is doing good in the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.79 |
ROIC/WACC0.23
WACC8.79%
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 worse Current ratio (1.32) than 78.33% of its industry peers.
LBRT has a Quick Ratio of 1.05. This is a normal value and indicates that LBRT is financially healthy and should not expect problems in meeting its short term obligations.
LBRT's Quick ratio of 1.05 is on the low side compared to the rest of the industry. LBRT is outperformed by 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%.
LBRT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.91% yearly.
LBRT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.05%.
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
The Earnings Per Share is expected to decrease by -18.97% on average over the next years. This is quite bad
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-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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 19.65, 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.
When comparing the Price/Earnings ratio of LBRT to the average of the S&P500 Index (25.89), we can say LBRT is valued slightly cheaper.
LBRT is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.65 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LBRT is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
| 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
LBRT has a Yearly Dividend Yield of 2.36%. Purely for dividend investing, there may be better candidates out there.
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
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.
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
LBRT pays out 28.43% of its income as dividend. This is a 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
WACC8.79%
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.