MARTIN MIDSTREAM PARTNERS LP (MMLP) Stock Fundamental Analysis
NASDAQ:MMLP - Nasdaq - US5733311055 - Currency: USD
Overall MMLP gets a fundamental rating of 2 out of 10. We evaluated MMLP against 211 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of MMLP have multiple concerns. MMLP has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year MMLP has reported negative net income.
MMLP had a positive operating cash flow in the past year.
In the past 5 years MMLP always reported negative net income.
MMLP 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 -0.94%, MMLP is doing worse than 76.47% of the companies in the same industry.
The Return On Invested Capital of MMLP (10.40%) is better than 67.65% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MMLP is significantly below the industry average of 28.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | N/A | ||
| ROIC | 10.4% |
ROA(3y)-1.17%
ROA(5y)-0.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.45%
ROIC(5y)9.59%
1.3 Margins
With a Operating Margin value of 7.87%, MMLP is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
MMLP's Operating Margin has improved in the last couple of years.
The Gross Margin of MMLP (58.02%) is better than 65.20% of its industry peers.
In the last couple of years the Gross Margin of MMLP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.87% | ||
| PM (TTM) | N/A | ||
| GM | 58.02% |
OM growth 3Y6.76%
OM growth 5Y2.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y13.59%
GM growth 5Y6.77%
2. Health
2.1 Basic Checks
MMLP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MMLP has been increased compared to 1 year ago.
MMLP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MMLP has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of MMLP is 69.01, which is on the high side as it means it would take MMLP, 69.01 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 69.01, MMLP is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 69.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.51
WACC6.91%
2.3 Liquidity
A Current Ratio of 1.13 indicates that MMLP should not have too much problems paying its short term obligations.
MMLP's Current ratio of 1.13 is in line compared to the rest of the industry. MMLP outperforms 43.14% of its industry peers.
MMLP has a Quick Ratio of 1.13. This is a bad value and indicates that MMLP is not financially healthy enough and could expect problems in meeting its short term obligations.
MMLP has a Quick ratio of 0.68. This is in the lower half of the industry: MMLP underperforms 73.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for MMLP have decreased by -8.33% in the last year.
Looking at the last year, MMLP shows a very negative growth in Revenue. The Revenue has decreased by -11.31% in the last year.
Measured over the past years, MMLP shows a decrease in Revenue. The Revenue has been decreasing by -3.53% on average per year.
EPS 1Y (TTM)-8.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-2300%
Revenue 1Y (TTM)-11.31%
Revenue growth 3Y-7.09%
Revenue growth 5Y-3.53%
Sales Q2Q%-5.41%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y217.69%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
MMLP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
MMLP is valuated rather expensively with a Price/Forward Earnings ratio of 23.40.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MMLP indicates a slightly more expensive valuation: MMLP is more expensive than 62.75% of the companies listed in the same industry.
MMLP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 23.4 |
4.2 Price Multiples
67.16% of the companies in the same industry are more expensive than MMLP, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as MMLP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.01 | ||
| EV/EBITDA | 5.42 |
4.3 Compensation for Growth
MMLP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
MMLP has a yearly dividend return of 0.55%, which is pretty low.
MMLP's Dividend Yield is slightly below the industry average, which is at 6.67.
With a Dividend Yield of 0.55, MMLP pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
5.2 History
The dividend of MMLP decreases each year by -56.17%.
MMLP has paid a dividend for at least 10 years, which is a reliable track record.
MMLP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-56.17%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
MMLP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-15.66%
EPS Next 2YN/A
EPS Next 3YN/A
NASDAQ:MMLP (2/21/2025, 8:00:01 PM)
3.58
-0.04 (-1.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners44.88%
Inst Owner Change-95.42%
Ins Owners2.56%
Ins Owner Change6.04%
Market Cap139.62M
Analysts43.33
Price Target4.08 (13.97%)
Short Float %0.53%
Short Ratio1.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
Yearly Dividend0.02
Dividend Growth(5Y)-56.17%
DP-15.66%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-490.2%
Min EPS beat(2)-818.95%
Max EPS beat(2)-161.44%
EPS beat(4)2
Avg EPS beat(4)-239.51%
Min EPS beat(4)-818.95%
Max EPS beat(4)12.04%
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)0
Avg Revenue beat(2)-6.05%
Min Revenue beat(2)-7.09%
Max Revenue beat(2)-5.02%
Revenue beat(4)0
Avg Revenue beat(4)-7.41%
Min Revenue beat(4)-10.82%
Max Revenue beat(4)-5.02%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)-100%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 23.4 | ||
| P/S | 0.2 | ||
| P/FCF | 22.01 | ||
| P/OCF | 2.89 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.42 |
EPS(TTM)-0.13
EYN/A
EPS(NY)0.15
Fwd EY4.27%
FCF(TTM)0.16
FCFY4.54%
OCF(TTM)1.24
OCFY34.63%
SpS18.14
BVpS-1.81
TBVpS-2.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.94% | ||
| ROE | N/A | ||
| ROCE | 13.17% | ||
| ROIC | 10.4% | ||
| ROICexc | 10.41% | ||
| ROICexgc | 10.83% | ||
| OM | 7.87% | ||
| PM (TTM) | N/A | ||
| GM | 58.02% | ||
| FCFM | 0.9% |
ROA(3y)-1.17%
ROA(5y)-0.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.45%
ROIC(5y)9.59%
ROICexc(3y)10.45%
ROICexc(5y)9.61%
ROICexgc(3y)10.88%
ROICexgc(5y)10%
ROCE(3y)13.22%
ROCE(5y)12.14%
ROICexcg growth 3Y3.22%
ROICexcg growth 5Y4.84%
ROICexc growth 3Y3.15%
ROICexc growth 5Y4.78%
OM growth 3Y6.76%
OM growth 5Y2.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y13.59%
GM growth 5Y6.77%
F-Score4
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 69.01 | ||
| Debt/EBITDA | 4.11 | ||
| Cap/Depr | 82.71% | ||
| Cap/Sales | 5.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.4% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | N/A |
F-Score4
WACC6.91%
ROIC/WACC1.51
Cap/Depr(3y)66.6%
Cap/Depr(5y)54.93%
Cap/Sales(3y)4.3%
Cap/Sales(5y)3.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-2300%
EPS Next Y217.69%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-11.31%
Revenue growth 3Y-7.09%
Revenue growth 5Y-3.53%
Sales Q2Q%-5.41%
Revenue Next Year0.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-14.7%
EBIT growth 3Y-0.82%
EBIT growth 5Y-0.84%
EBIT Next Year81.49%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-93.85%
FCF growth 3Y-31.34%
FCF growth 5Y-32.48%
OCF growth 1Y-64.83%
OCF growth 3Y10.64%
OCF growth 5Y-8.6%