LIBERTY ENERGY INC (LBRT)
US53115L1044 - Common Stock
Overall LBRT gets a fundamental rating of 5 out of 10. We evaluated LBRT against 59 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 valuation in line with the averages, but on the other hand it scores bad on growth.
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.
LBRT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LBRT's Return On Assets of 10.89% is amongst the best of the industry. LBRT outperforms 84.75% of its industry peers.
LBRT has a better Return On Equity (18.11%) than 79.66% of its industry peers.
LBRT's Return On Invested Capital of 14.84% is amongst the best of the industry. LBRT outperforms 89.83% of its industry peers.
| 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 61.02% of the companies in the same industry.
LBRT's Profit Margin has improved in the last couple of years.
LBRT has a Operating Margin (11.12%) which is comparable to the rest of the industry.
LBRT's Operating Margin has improved in the last couple of years.
LBRT's Gross Margin of 27.22% is in line compared to the rest of the industry. LBRT outperforms 52.54% of its industry peers.
In the last couple of years the Gross Margin of LBRT has grown nicely.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LBRT is creating some value.
LBRT has less shares outstanding than it did 1 year ago.
LBRT has more shares outstanding than it did 5 years ago.
LBRT has a worse debt/assets ratio than last year.
2.2 Solvency
LBRT has an Altman-Z score of 3.71. This indicates that LBRT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of LBRT (3.71) is better than 83.05% of its industry peers.
LBRT has a debt to FCF ratio of 1.08. This is a very positive value and a sign of high solvency as it would only need 1.08 years to pay back of all of its debts.
LBRT has a Debt to FCF ratio of 1.08. This is amongst the best in the industry. LBRT outperforms 83.05% 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's Debt to Equity ratio of 0.17 is fine compared to the rest of the industry. LBRT outperforms 71.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | 3.71 |
ROIC/WACC1.65
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.23 indicates that LBRT should not have too much problems paying its short term obligations.
The Current ratio of LBRT (1.23) is worse than 88.14% of its industry peers.
LBRT has a Quick Ratio of 1.23. This is a bad value and indicates that LBRT is not financially healthy enough and could expect problems in meeting its short term obligations.
LBRT has a worse Quick ratio (0.97) than 81.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
LBRT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.13%.
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.
The Revenue has decreased by -9.23% in the past 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
LBRT is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.62% yearly.
LBRT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.14% yearly.
EPS Next Y-43.12%
EPS Next 2Y-35.17%
EPS Next 3Y-15.83%
EPS Next 5Y-11.62%
Revenue Next Year-8.04%
Revenue Next 2Y-4.97%
Revenue Next 3Y-1.21%
Revenue Next 5Y-2.14%
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
The Price/Earnings ratio is 8.78, which indicates a very decent valuation of LBRT.
Compared to the rest of the industry, the Price/Earnings ratio of LBRT indicates a rather cheap valuation: LBRT is cheaper than 88.14% of the companies listed in the same industry.
LBRT is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.81, the valuation of LBRT can be described as correct.
LBRT's Price/Forward Earnings is on the same level as the industry average.
LBRT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 13.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LBRT indicates a rather cheap valuation: LBRT is cheaper than 86.44% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LBRT indicates a somewhat cheap valuation: LBRT is cheaper than 74.58% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.22 | ||
| EV/EBITDA | 3.38 |
4.3 Compensation for Growth
The decent profitability rating of LBRT may justify a higher PE ratio.
LBRT's earnings are expected to decrease with -15.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2Y-35.17%
EPS Next 3Y-15.83%
5. Dividend
5.1 Amount
LBRT has a Yearly Dividend Yield of 1.75%.
Compared to an average industry Dividend Yield of 3.70, LBRT pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, LBRT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
On average, the dividend of LBRT grows each year by 29.67%, which is quite nice.
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)29.67%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
LBRT pays out 13.18% of its income as dividend. This is a sustainable payout ratio.
DP13.18%
EPS Next 2Y-35.17%
EPS Next 3Y-15.83%
LIBERTY ENERGY INC
NYSE:LBRT (12/20/2024, 8:21:49 PM)
After market: 18.23 +0.06 (+0.33%)18.17
-0.1 (-0.55%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners103.86%
Inst Owner Change4.56%
Ins Owners3.24%
Ins Owner Change-1.16%
Market Cap2.97B
Analysts75
Price Target21.46 (18.11%)
Short Float %9.36%
Short Ratio5.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
Dividend Growth(5Y)29.67%
DP13.18%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11.94%
Min EPS beat(2)-24.52%
Max EPS beat(2)0.65%
EPS beat(4)1
Avg EPS beat(4)-11.59%
Min EPS beat(4)-24.52%
Max EPS beat(4)0.65%
EPS beat(8)4
Avg EPS beat(8)0.02%
EPS beat(12)7
Avg EPS beat(12)20.18%
EPS beat(16)9
Avg EPS beat(16)-6.4%
Revenue beat(2)0
Avg Revenue beat(2)-2.57%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)-2.28%
Revenue beat(4)0
Avg Revenue beat(4)-2.64%
Min Revenue beat(4)-2.98%
Max Revenue beat(4)-2.28%
Revenue beat(8)2
Avg Revenue beat(8)-1.61%
Revenue beat(12)5
Avg Revenue beat(12)0.65%
Revenue beat(16)8
Avg Revenue beat(16)3.17%
PT rev (1m)-1.08%
PT rev (3m)-16.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-76.43%
EPS NY rev (1m)1.01%
EPS NY rev (3m)-23.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.2%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-2.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 13.81 | ||
| P/S | 0.67 | ||
| P/FCF | 8.22 | ||
| P/OCF | 3.14 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 3.38 |
EPS(TTM)2.07
EY11.39%
EPS(NY)1.32
Fwd EY7.24%
FCF(TTM)2.21
FCFY12.17%
OCF(TTM)5.79
OCFY31.89%
SpS27.21
BVpS12.05
TBVpS12.05
PEG (NY)N/A
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.89% | ||
| ROE | 18.11% | ||
| ROCE | 19.6% | ||
| ROIC | 14.84% | ||
| ROICexc | 14.97% | ||
| ROICexgc | 14.97% | ||
| OM | 11.12% | ||
| PM (TTM) | 8.02% | ||
| GM | 27.22% | ||
| FCFM | 8.12% |
ROA(3y)8.36%
ROA(5y)4.4%
ROE(3y)14.06%
ROE(5y)7.83%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-3.34%
ROICexc growth 3YN/A
ROICexc growth 5Y-3.39%
OM growth 3YN/A
OM growth 5Y2.56%
PM growth 3YN/A
PM growth 5Y14.86%
GM growth 3Y37.72%
GM growth 5Y3.82%
F-Score5
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.08 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 119.2% | ||
| Cap/Sales | 13.17% | ||
| Interest Coverage | 15.3 | ||
| Cash Conversion | 96.04% | ||
| Profit Quality | 101.33% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 3.71 |
F-Score5
WACC8.98%
ROIC/WACC1.65
Cap/Depr(3y)119.56%
Cap/Depr(5y)106.84%
Cap/Sales(3y)10.55%
Cap/Sales(5y)10.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.13%
EPS 3YN/A
EPS 5Y11.33%
EPS Q2Q%-46.43%
EPS Next Y-43.12%
EPS Next 2Y-35.17%
EPS Next 3Y-15.83%
EPS Next 5Y-11.62%
Revenue 1Y (TTM)-9.23%
Revenue growth 3Y70.04%
Revenue growth 5Y17.11%
Sales Q2Q%-6.36%
Revenue Next Year-8.04%
Revenue Next 2Y-4.97%
Revenue Next 3Y-1.21%
Revenue Next 5Y-2.14%
EBIT growth 1Y-40.33%
EBIT growth 3YN/A
EBIT growth 5Y20.11%
EBIT Next Year21.29%
EBIT Next 3Y7.73%
EBIT Next 5Y4.03%
FCF growth 1Y759.17%
FCF growth 3YN/A
FCF growth 5Y34.77%
OCF growth 1Y172.09%
OCF growth 3Y128.18%
OCF growth 5Y23.63%