LIBERTY ENERGY INC (LBRT)
US53115L1044 - Common Stock
Overall LBRT gets a fundamental rating of 5 out of 10. We evaluated LBRT against 60 industry peers in the Energy Equipment & Services industry. LBRT scores excellent on profitability, but there are some minor concerns on its financial health. LBRT is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LBRT had positive earnings in the past year.
In the past year LBRT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: LBRT reported negative net income in multiple years.
In the past 5 years LBRT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LBRT (10.89%) is better than 85.00% of its industry peers.
LBRT has a Return On Equity of 18.11%. This is amongst the best in the industry. LBRT outperforms 81.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.84%, LBRT belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.89% | ||
| ROE | 18.11% | ||
| ROIC | 14.84% |
ROA(3y)8.36%
ROA(5y)4.4%
ROE(3y)14.06%
ROE(5y)7.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 8.02%, LBRT is in the better half of the industry, outperforming 63.33% 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 11.12%. This is comparable to the rest of the industry: LBRT outperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of LBRT has grown nicely.
LBRT has a Gross Margin of 27.22%. This is comparable to the rest of the industry: LBRT outperforms 53.33% of its industry peers.
LBRT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.12% | ||
| PM (TTM) | 8.02% | ||
| GM | 27.22% |
OM growth 3YN/A
OM growth 5Y2.56%
PM growth 3YN/A
PM growth 5Y14.86%
GM growth 3Y37.72%
GM growth 5Y3.82%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LBRT is still creating some 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 3.66 indicates that LBRT is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.66, LBRT is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Debt to FCF ratio of LBRT is 1.08, which is an excellent value as it means it would take LBRT, only 1.08 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LBRT (1.08) is better than 83.33% of its industry peers.
LBRT has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
LBRT has a better Debt to Equity ratio (0.17) than 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | 3.66 |
ROIC/WACC1.67
WACC8.88%
2.3 Liquidity
LBRT has a Current Ratio of 1.23. 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 1.23, LBRT is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.97 indicates that LBRT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.97, LBRT is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The earnings per share for LBRT have decreased strongly by -43.13% in the last year.
Measured over the past years, LBRT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.33% on average per year.
Looking at the last year, LBRT shows a decrease in Revenue. The Revenue has decreased by -9.23% in the last year.
The Revenue has been growing by 17.11% on average over the past years. This is quite good.
EPS 1Y (TTM)-43.13%
EPS 3YN/A
EPS 5Y11.33%
EPS Q2Q%-46.43%
Revenue 1Y (TTM)-9.23%
Revenue growth 3Y70.04%
Revenue growth 5Y17.11%
Sales Q2Q%-6.36%
3.2 Future
The Earnings Per Share is expected to decrease by -8.48% on average over the next years.
LBRT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.93% yearly.
EPS Next Y-43.69%
EPS Next 2Y-35.76%
EPS Next 3Y-17.07%
EPS Next 5Y-8.48%
Revenue Next Year-7.98%
Revenue Next 2Y-4.78%
Revenue Next 3Y-0.94%
Revenue Next 5Y-2.93%
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
The Price/Earnings ratio is 8.86, which indicates a very decent valuation of LBRT.
Based on the Price/Earnings ratio, LBRT is valued cheaper than 91.67% of the companies in the same industry.
LBRT is valuated cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 14.20, LBRT is valued correctly.
LBRT's Price/Forward Earnings is on the same level as the industry average.
LBRT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 14.2 |
4.2 Price Multiples
90.00% of the companies in the same industry are more expensive than LBRT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LBRT is valued cheaper than 81.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.3 | ||
| EV/EBITDA | 3.28 |
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 -17.07% in the coming years.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y-35.76%
EPS Next 3Y-17.07%
5. Dividend
5.1 Amount
LBRT has a Yearly Dividend Yield of 1.85%.
LBRT's Dividend Yield is a higher than the industry average which is at 3.50.
Compared to an average S&P500 Dividend Yield of 2.23, LBRT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
The dividend of LBRT is nicely growing with an annual growth rate of 29.67%!
LBRT has been paying a dividend for over 5 years, so it has already some track record.
The dividend of LBRT decreased recently.
Dividend Growth(5Y)29.67%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
13.18% of the earnings are spent on dividend by LBRT. This is a low number and sustainable payout ratio.
DP13.18%
EPS Next 2Y-35.76%
EPS Next 3Y-17.07%
LIBERTY ENERGY INC
NYSE:LBRT (11/21/2024, 7:36:47 PM)
After market: 18.39 +0.04 (+0.22%)18.35
+0.78 (+4.44%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.00B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 14.2 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.89% | ||
| ROE | 18.11% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.12% | ||
| PM (TTM) | 8.02% | ||
| GM | 27.22% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-43.13%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-43.69%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-9.23%
Revenue growth 3Y70.04%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y