RAMACO RESOURCES INC-A (METC) Stock Fundamental Analysis
NASDAQ:METC - Nasdaq - US75134P3038 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to METC. METC was compared to 154 industry peers in the Metals & Mining industry. METC has a medium profitability rating, but doesn't score so well on its financial health evaluation. METC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
METC had negative earnings in the past year.
METC had a positive operating cash flow in the past year.
METC had positive earnings in 4 of the past 5 years.
In the past 5 years METC always reported a positive cash flow from operatings.
1.2 Ratios
METC's Return On Assets of -0.04% is in line compared to the rest of the industry. METC outperforms 53.90% of its industry peers.
With a Return On Equity value of -0.08%, METC perfoms like the industry average, outperforming 53.90% of the companies in the same industry.
METC has a Return On Invested Capital of 0.18%. This is comparable to the rest of the industry: METC outperforms 43.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for METC is above the industry average of 11.67%.
The 3 year average ROIC (14.58%) for METC is well above the current ROIC(0.18%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.04% | ||
| ROE | -0.08% | ||
| ROIC | 0.18% |
ROA(3y)11.16%
ROA(5y)8.69%
ROE(3y)20.96%
ROE(5y)15.77%
ROIC(3y)14.58%
ROIC(5y)N/A
1.3 Margins
METC's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 0.21%, METC perfoms like the industry average, outperforming 44.81% of the companies in the same industry.
METC's Operating Margin has declined in the last couple of years.
METC has a Gross Margin (19.19%) which is in line with its industry peers.
METC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 19.19% |
OM growth 3Y-43.63%
OM growth 5Y-27.9%
PM growth 3Y-50.73%
PM growth 5Y-31.1%
GM growth 3Y-13.69%
GM growth 5Y-7.46%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so METC is still creating some value.
METC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for METC has been increased compared to 5 years ago.
Compared to 1 year ago, METC has a worse debt to assets ratio.
2.2 Solvency
METC has an Altman-Z score of 2.47. This is not the best score and indicates that METC is in the grey zone with still only limited risk for bankruptcy at the moment.
METC's Altman-Z score of 2.47 is in line compared to the rest of the industry. METC outperforms 50.00% of its industry peers.
The Debt to FCF ratio of METC is 2.90, which is a good value as it means it would take METC, 2.90 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.90, METC is doing good in the industry, outperforming 76.62% of the companies in the same industry.
METC has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of METC (0.33) is worse than 64.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.9 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.02
WACC9.46%
2.3 Liquidity
METC has a Current Ratio of 1.32. This is a normal value and indicates that METC is financially healthy and should not expect problems in meeting its short term obligations.
METC's Current ratio of 1.32 is on the low side compared to the rest of the industry. METC is outperformed by 75.97% of its industry peers.
A Quick Ratio of 0.87 indicates that METC may have some problems paying its short term obligations.
METC's Quick ratio of 0.87 is on the low side compared to the rest of the industry. METC is outperformed by 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
METC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -106.30%.
The earnings per share for METC have been decreasing by -23.73% on average. This is quite bad
The Revenue for METC has decreased by -10.23% in the past year. This is quite bad
The Revenue has been growing by 23.68% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-106.3%
EPS 3Y-43.98%
EPS 5Y-23.73%
EPS Q2Q%-480%
Revenue 1Y (TTM)-10.23%
Revenue growth 3Y32.97%
Revenue growth 5Y23.68%
Sales Q2Q%-22.02%
3.2 Future
Based on estimates for the next years, METC will show a very strong growth in Earnings Per Share. The EPS will grow by 57.69% on average per year.
METC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.97% yearly.
EPS Next Y-363.93%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
EPS Next 5Y57.69%
Revenue Next Year-2.25%
Revenue Next 2Y10.76%
Revenue Next 3Y7.54%
Revenue Next 5Y9.97%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
METC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
METC is valuated reasonably with a Price/Forward Earnings ratio of 9.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of METC indicates a somewhat cheap valuation: METC is cheaper than 79.22% of the companies listed in the same industry.
METC is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of METC indicates a somewhat cheap valuation: METC is cheaper than 64.29% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, METC is valued cheaply inside the industry as 83.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.63 | ||
| EV/EBITDA | 12.15 |
4.3 Compensation for Growth
METC's earnings are expected to grow with 86.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y180.7%
EPS Next 3Y86.85%
5. Dividend
5.1 Amount
METC has a Yearly Dividend Yield of 8.52%, which is a nice return.
Compared to an average industry Dividend Yield of 2.98, METC pays a better dividend. On top of this METC pays more dividend than 96.10% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, METC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
5.2 History
The dividend of METC is nicely growing with an annual growth rate of 27.51%!
METC has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)27.51%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
METC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of METC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-6316.16%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
11.94
-0.07 (-0.58%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners50.72%
Inst Owner Change3.89%
Ins Owners10.57%
Ins Owner Change-0.9%
Market Cap759.86M
Analysts84.44
Price Target13.26 (11.06%)
Short Float %13.25%
Short Ratio4.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.52% |
Yearly Dividend0.46
Dividend Growth(5Y)27.51%
DP-6316.16%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.48%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)0.57%
Revenue beat(4)3
Avg Revenue beat(4)1.33%
Min Revenue beat(4)-1.53%
Max Revenue beat(4)4.93%
Revenue beat(8)6
Avg Revenue beat(8)2.52%
Revenue beat(12)7
Avg Revenue beat(12)-0.22%
Revenue beat(16)8
Avg Revenue beat(16)1.33%
PT rev (1m)-6.02%
PT rev (3m)-22%
EPS NQ rev (1m)-65.15%
EPS NQ rev (3m)-282.18%
EPS NY rev (1m)-312.67%
EPS NY rev (3m)-183.64%
Revenue NQ rev (1m)-11.98%
Revenue NQ rev (3m)-12.7%
Revenue NY rev (1m)-4.43%
Revenue NY rev (3m)-19.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.47 | ||
| P/S | 1.21 | ||
| P/FCF | 17.63 | ||
| P/OCF | 6.69 | ||
| P/B | 2.14 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 12.15 |
EPS(TTM)-0.08
EYN/A
EPS(NY)1.26
Fwd EY10.56%
FCF(TTM)0.68
FCFY5.67%
OCF(TTM)1.78
OCFY14.94%
SpS9.87
BVpS5.58
TBVpS5.58
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.04% | ||
| ROE | -0.08% | ||
| ROCE | 0.24% | ||
| ROIC | 0.18% | ||
| ROICexc | 0.2% | ||
| ROICexgc | 0.2% | ||
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 19.19% | ||
| FCFM | 6.86% |
ROA(3y)11.16%
ROA(5y)8.69%
ROE(3y)20.96%
ROE(5y)15.77%
ROIC(3y)14.58%
ROIC(5y)N/A
ROICexc(3y)15.87%
ROICexc(5y)N/A
ROICexgc(3y)15.87%
ROICexgc(5y)N/A
ROCE(3y)18.97%
ROCE(5y)N/A
ROICexcg growth 3Y-40.45%
ROICexcg growth 5Y-26.7%
ROICexc growth 3Y-40.45%
ROICexc growth 5Y-26.7%
OM growth 3Y-43.63%
OM growth 5Y-27.9%
PM growth 3Y-50.73%
PM growth 5Y-31.1%
GM growth 3Y-13.69%
GM growth 5Y-7.46%
F-Score3
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.9 | ||
| Debt/EBITDA | 1.7 | ||
| Cap/Depr | 103.66% | ||
| Cap/Sales | 11.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 163.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.47 |
F-Score3
WACC9.46%
ROIC/WACC0.02
Cap/Depr(3y)185.43%
Cap/Depr(5y)157.51%
Cap/Sales(3y)14.68%
Cap/Sales(5y)13.82%
Profit Quality(3y)180.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-106.3%
EPS 3Y-43.98%
EPS 5Y-23.73%
EPS Q2Q%-480%
EPS Next Y-363.93%
EPS Next 2Y180.7%
EPS Next 3Y86.85%
EPS Next 5Y57.69%
Revenue 1Y (TTM)-10.23%
Revenue growth 3Y32.97%
Revenue growth 5Y23.68%
Sales Q2Q%-22.02%
Revenue Next Year-2.25%
Revenue Next 2Y10.76%
Revenue Next 3Y7.54%
Revenue Next 5Y9.97%
EBIT growth 1Y-97.99%
EBIT growth 3Y-25.04%
EBIT growth 5Y-10.82%
EBIT Next Year746.54%
EBIT Next 3Y153.3%
EBIT Next 5Y97.62%
FCF growth 1Y744.92%
FCF growth 3Y22.57%
FCF growth 5YN/A
OCF growth 1Y-13.94%
OCF growth 3Y28.34%
OCF growth 5Y21.59%