MACH NATURAL RESOURCES LP (MNR) Stock Fundamental Analysis
USA - NYSE:MNR - US55445L1008
13.54 USD
-0.13 (-0.95%)
13.32 USD
-0.22 (-1.62%)
We assign a fundamental rating of 5 out of 10 to MNR. MNR was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. MNR has an excellent profitability rating, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on MNR.
1. Profitability
1.1 Basic Checks
MNR had positive earnings in the past year.
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 has a Return On Assets of 8.98%. This is amongst the best in the industry. MNR outperforms 81.43% 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 73.81% of the companies in the same industry.
MNR has a better Return On Invested Capital (12.08%) than 87.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MNR is significantly above the industry average of 21.66%.
The last Return On Invested Capital (12.08%) for MNR is well below the 3 year average (27.24%), which needs to be investigated, but indicates that MNR had better years and this may not be a problem.
| 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
Looking at the Profit Margin, with a value of 20.83%, MNR is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
In the last couple of years the Profit Margin of MNR has remained more or less at the same level.
Looking at the Operating Margin, with a value of 31.44%, MNR is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
MNR's Operating Margin has declined in the last couple of years.
MNR has a better Gross Margin (62.90%) than 70.95% of its industry peers.
In the last couple of years the Gross Margin of MNR has declined.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MNR is creating value.
The number of shares outstanding for MNR has been increased compared to 1 year ago.
MNR has more shares outstanding than it did 5 years ago.
MNR has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of MNR is 7.04, which is on the high side as it means it would take MNR, 7.04 years of fcf income to pay off all of its debts.
MNR has a Debt to FCF ratio (7.04) which is comparable to the rest of the industry.
MNR has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MNR (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | N/A |
ROIC/WACC1.2
WACC10.03%
2.3 Liquidity
A Current Ratio of 0.79 indicates that MNR may have some problems paying its short term obligations.
With a Current ratio value of 0.79, MNR is not doing good in the industry: 68.57% of the companies in the same industry are doing better.
A Quick Ratio of 0.69 indicates that MNR may have some problems paying its short term obligations.
With a Quick ratio value of 0.69, MNR is not doing good in the industry: 69.52% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
MNR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.29%.
MNR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 26.92% yearly.
MNR shows a small growth in Revenue. In the last year, the Revenue has grown by 4.38%.
The Revenue has been growing by 44.33% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-22.29%
EPS 3Y67.01%
EPS 5Y26.92%
EPS Q2Q%80.95%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y74.29%
Revenue growth 5Y44.33%
Sales Q2Q%20.22%
3.2 Future
MNR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.33% yearly.
The Revenue is expected to grow by 9.65% on average over the next years. This is quite good.
EPS Next Y2.18%
EPS Next 2Y8.57%
EPS Next 3Y9.6%
EPS Next 5Y1.33%
Revenue Next Year12.78%
Revenue Next 2Y28.11%
Revenue Next 3Y18.83%
Revenue Next 5Y9.65%
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.
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
Based on the Price/Earnings ratio of 6.39, the valuation of MNR can be described as very cheap.
Based on the Price/Earnings ratio, MNR is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of MNR to the average of the S&P500 Index (27.41), we can say MNR is valued rather cheaply.
A Price/Forward Earnings ratio of 6.01 indicates a rather cheap valuation of MNR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MNR indicates a rather cheap valuation: MNR is cheaper than 90.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.88. MNR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.39 | ||
| Fwd PE | 6.01 |
4.2 Price Multiples
83.81% of the companies in the same industry are more expensive than MNR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MNR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.97 | ||
| EV/EBITDA | 3.72 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MNR does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of MNR may justify a higher PE ratio.
PEG (NY)2.93
PEG (5Y)0.24
EPS Next 2Y8.57%
EPS Next 3Y9.6%
5. Dividend
5.1 Amount
MNR has a Yearly Dividend Yield of 16.64%, which is a nice return.
Compared to an average industry Dividend Yield of 6.17, MNR pays a better dividend. On top of this MNR pays more dividend than 96.67% of the companies listed in the same industry.
MNR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.64% |
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 2Y8.57%
EPS Next 3Y9.6%
13.54
-0.13 (-0.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners76.42%
Inst Owner Change-13%
Ins Owners11.98%
Ins Owner Change0%
Market Cap1.60B
Analysts87.27
Price Target21.93 (61.96%)
Short Float %1.16%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.64% |
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)-5.7%
PT rev (3m)-0.46%
EPS NQ rev (1m)-12.42%
EPS NQ rev (3m)-9.17%
EPS NY rev (1m)-11.54%
EPS NY rev (3m)-17.98%
Revenue NQ rev (1m)-3.82%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)5.82%
Revenue NY rev (3m)14.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.39 | ||
| Fwd PE | 6.01 | ||
| P/S | 1.59 | ||
| P/FCF | 19.97 | ||
| P/OCF | 3.1 | ||
| P/B | 1.16 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 3.72 |
EPS(TTM)2.12
EY15.66%
EPS(NY)2.25
Fwd EY16.63%
FCF(TTM)0.68
FCFY5.01%
OCF(TTM)4.37
OCFY32.28%
SpS8.5
BVpS11.62
TBVpS11.62
PEG (NY)2.93
PEG (5Y)0.24
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
ROICexcg growth 3YN/A
ROICexcg 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
WACC10.03%
ROIC/WACC1.2
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)-22.29%
EPS 3Y67.01%
EPS 5Y26.92%
EPS Q2Q%80.95%
EPS Next Y2.18%
EPS Next 2Y8.57%
EPS Next 3Y9.6%
EPS Next 5Y1.33%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y74.29%
Revenue growth 5Y44.33%
Sales Q2Q%20.22%
Revenue Next Year12.78%
Revenue Next 2Y28.11%
Revenue Next 3Y18.83%
Revenue Next 5Y9.65%
EBIT growth 1Y-16.03%
EBIT growth 3Y47.91%
EBIT growth 5Y30.73%
EBIT Next Year96.44%
EBIT Next 3Y31.67%
EBIT Next 5Y25.62%
FCF growth 1Y127.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.76%
OCF growth 3Y81.29%
OCF growth 5Y38.07%