MACH NATURAL RESOURCES LP (MNR) Stock Fundamental Analysis
USA - NYSE:MNR - US55445L1008
12.09 USD
+0.26 (+2.2%)
12.15 USD
+0.06 (+0.5%)
MNR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. MNR scores excellent on profitability, but there are concerns on its financial health. MNR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MNR was profitable.
MNR had a positive operating cash flow in the past year.
MNR had positive earnings in 4 of the past 5 years.
MNR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MNR's Return On Assets of 8.98% is amongst the best of the industry. MNR outperforms 84.76% of its industry peers.
Looking at the Return On Equity, with a value of 15.23%, MNR is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
With an excellent Return On Invested Capital value of 12.08%, MNR belongs to the best of the industry, outperforming 87.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MNR is significantly above the industry average of 21.71%.
The 3 year average ROIC (27.24%) for MNR is well above the current ROIC(12.08%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.98% | ||
| ROE | 15.23% | ||
| ROIC | 12.08% |
ROA(3y)27.06%
ROA(5y)16.71%
ROE(3y)43.88%
ROE(5y)27.33%
ROIC(3y)27.24%
ROIC(5y)N/A
1.3 Margins
MNR has a better Profit Margin (20.83%) than 76.19% of its industry peers.
In the last couple of years the Profit Margin of MNR has remained more or less at the same level.
The Operating Margin of MNR (31.44%) is better than 77.14% of its industry peers.
MNR's Operating Margin has declined in the last couple of years.
MNR's Gross Margin of 62.90% is fine compared to the rest of the industry. MNR outperforms 70.95% of its industry peers.
MNR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.44% | ||
| PM (TTM) | 20.83% | ||
| GM | 62.9% |
OM growth 3Y-15.14%
OM growth 5Y-9.42%
PM growth 3Y-23.52%
PM growth 5Y-0.16%
GM growth 3Y-9.13%
GM growth 5Y-5.69%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MNR is creating value.
Compared to 1 year ago, MNR has more shares outstanding
Compared to 5 years ago, MNR has more shares outstanding
The debt/assets ratio for MNR has been reduced compared to a year ago.
2.2 Solvency
MNR has a debt to FCF ratio of 7.04. This is a slightly negative value and a sign of low solvency as MNR would need 7.04 years to pay back of all of its debts.
MNR has a Debt to FCF ratio (7.04) which is in line with its industry peers.
MNR has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
MNR's Debt to Equity ratio of 0.41 is in line compared to the rest of the industry. MNR outperforms 54.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | N/A |
ROIC/WACC1.21
WACC9.96%
2.3 Liquidity
A Current Ratio of 0.79 indicates that MNR may have some problems paying its short term obligations.
The Current ratio of MNR (0.79) is worse than 67.62% of its industry peers.
A Quick Ratio of 0.69 indicates that MNR may have some problems paying its short term obligations.
MNR has a Quick ratio of 0.69. This is in the lower half of the industry: MNR underperforms 67.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for MNR have decreased strongly by -27.42% in the last year.
MNR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.92% yearly.
The Revenue has grown by 27.20% in the past year. This is a very strong growth!
MNR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 44.33% yearly.
EPS 1Y (TTM)-27.42%
EPS 3Y67.01%
EPS 5Y26.92%
EPS Q2Q%-38.57%
Revenue 1Y (TTM)27.2%
Revenue growth 3Y74.29%
Revenue growth 5Y44.33%
Sales Q2Q%6.66%
3.2 Future
Based on estimates for the next years, MNR will show a decrease in Earnings Per Share. The EPS will decrease by -4.53% on average per year.
The Revenue is expected to grow by 8.37% on average over the next years. This is quite good.
EPS Next Y-18.89%
EPS Next 2Y-18.55%
EPS Next 3Y-14.5%
EPS Next 5Y-4.53%
Revenue Next Year13.38%
Revenue Next 2Y23.41%
Revenue Next 3Y15.05%
Revenue Next 5Y8.37%
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.
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
Based on the Price/Earnings ratio of 6.54, the valuation of MNR can be described as very cheap.
Based on the Price/Earnings ratio, MNR is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.51. MNR is valued rather cheaply when compared to this.
MNR is valuated reasonably with a Price/Forward Earnings ratio of 9.54.
Based on the Price/Forward Earnings ratio, MNR is valued a bit cheaper than 78.57% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MNR to the average of the S&P500 Index (34.98), we can say MNR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.54 | ||
| Fwd PE | 9.54 |
4.2 Price Multiples
MNR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MNR is cheaper than 82.38% of the companies in the same industry.
MNR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.44 | ||
| EV/EBITDA | 3.97 |
4.3 Compensation for Growth
The decent profitability rating of MNR may justify a higher PE ratio.
MNR's earnings are expected to decrease with -14.50% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y-18.55%
EPS Next 3Y-14.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.25%, MNR is a good candidate for dividend investing.
MNR's Dividend Yield is rather good when compared to the industry average which is at 5.89. MNR pays more dividend than 98.10% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, MNR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.25% |
5.2 History
MNR has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MNR pays out 143.62% of its income as dividend. This is not a sustainable payout ratio.
DP143.62%
EPS Next 2Y-18.55%
EPS Next 3Y-14.5%
12.09
+0.26 (+2.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners59.25%
Inst Owner Change132.69%
Ins Owners9.52%
Ins Owner Change0.08%
Market Cap1.80B
Revenue(TTM)969.63M
Net Income(TTM)209.51M
Analysts86.67
Price Target21.86 (80.81%)
Short Float %1.25%
Short Ratio4.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.25% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP143.62%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.41%
Min EPS beat(2)-54.41%
Max EPS beat(2)49.6%
EPS beat(4)2
Avg EPS beat(4)-2.85%
Min EPS beat(4)-54.41%
Max EPS beat(4)49.6%
EPS beat(8)3
Avg EPS beat(8)-14.35%
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)3.77%
Min Revenue beat(2)-12.44%
Max Revenue beat(2)19.98%
Revenue beat(4)2
Avg Revenue beat(4)1.23%
Min Revenue beat(4)-12.44%
Max Revenue beat(4)19.98%
Revenue beat(8)3
Avg Revenue beat(8)-2.12%
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)0.45%
PT rev (3m)-6.01%
EPS NQ rev (1m)-2.99%
EPS NQ rev (3m)-34.44%
EPS NY rev (1m)-0.65%
EPS NY rev (3m)-29.79%
Revenue NQ rev (1m)1.92%
Revenue NQ rev (3m)2.93%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)6.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.54 | ||
| Fwd PE | 9.54 | ||
| P/S | 1.79 | ||
| P/FCF | 22.44 | ||
| P/OCF | 3.48 | ||
| P/B | 1.31 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 3.97 |
EPS(TTM)1.85
EY15.3%
EPS(NY)1.27
Fwd EY10.48%
FCF(TTM)0.54
FCFY4.46%
OCF(TTM)3.47
OCFY28.72%
SpS6.75
BVpS9.24
TBVpS9.24
PEG (NY)N/A
PEG (5Y)0.24
Graham Number19.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.98% | ||
| ROE | 15.23% | ||
| ROCE | 15.29% | ||
| ROIC | 12.08% | ||
| ROICexc | 12.16% | ||
| ROICexgc | 12.16% | ||
| OM | 31.44% | ||
| PM (TTM) | 20.83% | ||
| GM | 62.9% | ||
| FCFM | 7.98% |
ROA(3y)27.06%
ROA(5y)16.71%
ROE(3y)43.88%
ROE(5y)27.33%
ROIC(3y)27.24%
ROIC(5y)N/A
ROICexc(3y)28.62%
ROICexc(5y)N/A
ROICexgc(3y)28.62%
ROICexgc(5y)N/A
ROCE(3y)34.48%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-15.14%
OM growth 5Y-9.42%
PM growth 3Y-23.52%
PM growth 5Y-0.16%
GM growth 3Y-9.13%
GM growth 5Y-5.69%
F-Score4
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 164.18% | ||
| Cap/Sales | 43.44% | ||
| Interest Coverage | 4.22 | ||
| Cash Conversion | 88.81% | ||
| Profit Quality | 38.3% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | N/A |
F-Score4
WACC9.96%
ROIC/WACC1.21
Cap/Depr(3y)443.51%
Cap/Depr(5y)432.02%
Cap/Sales(3y)72.08%
Cap/Sales(5y)94.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.42%
EPS 3Y67.01%
EPS 5Y26.92%
EPS Q2Q%-38.57%
EPS Next Y-18.89%
EPS Next 2Y-18.55%
EPS Next 3Y-14.5%
EPS Next 5Y-4.53%
Revenue 1Y (TTM)27.2%
Revenue growth 3Y74.29%
Revenue growth 5Y44.33%
Sales Q2Q%6.66%
Revenue Next Year13.38%
Revenue Next 2Y23.41%
Revenue Next 3Y15.05%
Revenue Next 5Y8.37%
EBIT growth 1Y-16.03%
EBIT growth 3Y47.91%
EBIT growth 5Y30.73%
EBIT Next Year97.3%
EBIT Next 3Y36.87%
EBIT Next 5Y22.32%
FCF growth 1Y127.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.76%
OCF growth 3Y81.29%
OCF growth 5Y38.07%
MACH NATURAL RESOURCES LP / MNR FAQ
What is the ChartMill fundamental rating of MACH NATURAL RESOURCES LP (MNR) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MNR.
What is the valuation status for MNR stock?
ChartMill assigns a valuation rating of 6 / 10 to MACH NATURAL RESOURCES LP (MNR). This can be considered as Fairly Valued.
How profitable is MACH NATURAL RESOURCES LP (MNR) stock?
MACH NATURAL RESOURCES LP (MNR) has a profitability rating of 7 / 10.
Can you provide the financial health for MNR stock?
The financial health rating of MACH NATURAL RESOURCES LP (MNR) is 2 / 10.
Can you provide the expected EPS growth for MNR stock?
The Earnings per Share (EPS) of MACH NATURAL RESOURCES LP (MNR) is expected to decline by -18.89% in the next year.