MACH NATURAL RESOURCES LP (MNR) Stock Fundamental Analysis
NYSE:MNR - New York Stock Exchange, Inc. - US55445L1008 - Currency: USD
We assign a fundamental rating of 5 out of 10 to MNR. MNR was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. While MNR has a great profitability rating, there are quite some concerns on its financial health. MNR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MNR was profitable.
In the past year MNR had a positive cash flow from operations.
Of the past 5 years MNR 4 years were profitable.
MNR 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 12.87%, MNR belongs to the top of the industry, outperforming 84.80% of the companies in the same industry.
MNR has a better Return On Equity (24.44%) than 82.35% of its industry peers.
MNR's Return On Invested Capital of 15.16% is amongst the best of the industry. MNR outperforms 84.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.87% | ||
| ROE | 24.44% | ||
| ROIC | 15.16% |
ROA(3y)25.59%
ROA(5y)15.45%
ROE(3y)41.12%
ROE(5y)24.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 28.68%, MNR is in the better half of the industry, outperforming 78.43% of the companies in the same industry.
In the last couple of years the Profit Margin of MNR has grown nicely.
The Operating Margin of MNR (37.14%) is better than 74.51% of its industry peers.
MNR's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 68.12%, MNR is doing good in the industry, outperforming 72.06% of the companies in the same industry.
MNR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.14% | ||
| PM (TTM) | 28.68% | ||
| GM | 68.12% |
OM growth 3Y-1.21%
OM growth 5Y-1.11%
PM growth 3YN/A
PM growth 5Y1.95%
GM growth 3Y-5.74%
GM growth 5Y-3.69%
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 about the same amount of shares outstanding.
MNR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MNR has a worse debt to assets ratio.
2.2 Solvency
MNR has a Debt/Equity ratio of 0.56. This is a neutral value indicating MNR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.56, MNR perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC1.82
WACC8.33%
2.3 Liquidity
MNR has a Current Ratio of 1.24. This is a normal value and indicates that MNR is financially healthy and should not expect problems in meeting its short term obligations.
MNR has a Current ratio of 1.24. This is comparable to the rest of the industry: MNR outperforms 50.00% of its industry peers.
A Quick Ratio of 1.16 indicates that MNR should not have too much problems paying its short term obligations.
MNR's Quick ratio of 1.16 is in line compared to the rest of the industry. MNR outperforms 56.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for MNR have decreased strongly by -32.90% in the last year.
MNR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.72% yearly.
Looking at the last year, MNR shows a very negative growth in Revenue. The Revenue has decreased by -18.68% in the last year.
MNR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 41.22% yearly.
EPS 1Y (TTM)-32.9%
EPS 3YN/A
EPS 5Y38.72%
EPS Q2Q%-20.36%
Revenue 1Y (TTM)-18.68%
Revenue growth 3Y65.62%
Revenue growth 5Y41.22%
Sales Q2Q%17.89%
3.2 Future
Based on estimates for the next years, MNR will show a very negative growth in Earnings Per Share. The EPS will decrease by -28.49% on average per year.
MNR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.91% yearly.
EPS Next Y-70.21%
EPS Next 2Y-39.19%
EPS Next 3Y-28.49%
EPS Next 5YN/A
Revenue Next Year14.27%
Revenue Next 2Y9.31%
Revenue Next 3Y5.91%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 6.28, the valuation of MNR can be described as very cheap.
MNR's Price/Earnings ratio is rather cheap when compared to the industry. MNR is cheaper than 82.35% of the companies in the same industry.
MNR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
Based on the Price/Forward Earnings ratio of 6.28, the valuation of MNR can be described as very cheap.
MNR's Price/Forward Earnings ratio is rather cheap when compared to the industry. MNR is cheaper than 84.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. MNR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.28 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
76.47% of the companies in the same industry are more expensive than MNR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.87 |
4.3 Compensation for Growth
MNR has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as MNR's earnings are expected to decrease with -28.49% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-39.19%
EPS Next 3Y-28.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.84%, MNR is a good candidate for dividend investing.
MNR's Dividend Yield is rather good when compared to the industry average which is at 6.67. MNR pays more dividend than 96.57% of the companies in the same industry.
MNR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.84% |
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
DPN/A
EPS Next 2Y-39.19%
EPS Next 3Y-28.49%
16.02
-0.31 (-1.9%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners67.1%
Inst Owner Change-90.98%
Ins Owners12.2%
Ins Owner Change-0.04%
Market Cap1.86B
Analysts86
Price Target24.99 (55.99%)
Short Float %0.18%
Short Ratio0.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.84% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.62%
Min EPS beat(2)-32.64%
Max EPS beat(2)23.39%
EPS beat(4)2
Avg EPS beat(4)-12.09%
Min EPS beat(4)-45.37%
Max EPS beat(4)23.39%
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)-1.25%
Min Revenue beat(2)-6.32%
Max Revenue beat(2)3.83%
Revenue beat(4)2
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-9.35%
Max Revenue beat(4)5.69%
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)7.46%
PT rev (3m)3.52%
EPS NQ rev (1m)-23.7%
EPS NQ rev (3m)-25.56%
EPS NY rev (1m)-3.24%
EPS NY rev (3m)-5.1%
Revenue NQ rev (1m)-7.61%
Revenue NQ rev (3m)-8.24%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.28 | ||
| Fwd PE | 6.28 | ||
| P/S | 1.79 | ||
| P/FCF | N/A | ||
| P/OCF | 3.87 | ||
| P/B | 1.52 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | 3.87 |
EPS(TTM)2.55
EY15.92%
EPS(NY)2.55
Fwd EY15.93%
FCF(TTM)-4.52
FCFYN/A
OCF(TTM)4.14
OCFY25.82%
SpS8.97
BVpS10.52
TBVpS10.52
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.87% | ||
| ROE | 24.44% | ||
| ROCE | 19.19% | ||
| ROIC | 15.16% | ||
| ROICexc | 16.68% | ||
| ROICexgc | 16.68% | ||
| OM | 37.14% | ||
| PM (TTM) | 28.68% | ||
| GM | 68.12% | ||
| FCFM | N/A |
ROA(3y)25.59%
ROA(5y)15.45%
ROE(3y)41.12%
ROE(5y)24.83%
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 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-1.21%
OM growth 5Y-1.11%
PM growth 3YN/A
PM growth 5Y1.95%
GM growth 3Y-5.74%
GM growth 5Y-3.69%
F-Score3
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.09 | ||
| Cap/Depr | 411.45% | ||
| Cap/Sales | 96.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | N/A |
F-Score3
WACC8.33%
ROIC/WACC1.82
Cap/Depr(3y)559.63%
Cap/Depr(5y)471.72%
Cap/Sales(3y)109.1%
Cap/Sales(5y)106.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.9%
EPS 3YN/A
EPS 5Y38.72%
EPS Q2Q%-20.36%
EPS Next Y-70.21%
EPS Next 2Y-39.19%
EPS Next 3Y-28.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.68%
Revenue growth 3Y65.62%
Revenue growth 5Y41.22%
Sales Q2Q%17.89%
Revenue Next Year14.27%
Revenue Next 2Y9.31%
Revenue Next 3Y5.91%
Revenue Next 5YN/A
EBIT growth 1Y-31.25%
EBIT growth 3Y63.61%
EBIT growth 5Y39.66%
EBIT Next Year59.86%
EBIT Next 3Y19.36%
EBIT Next 5YN/A
FCF growth 1Y-427.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.16%
OCF growth 3Y70.74%
OCF growth 5Y42.16%