MURPHY OIL CORP (MUR) Stock Fundamental Analysis
USA - NYSE:MUR - US6267171022 - Common Stock
27.03 USD
+0.11 (+0.41%)
27.03 USD
0 (0%)
MUR 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. MUR has only an average score on both its financial health and profitability. MUR is not valued too expensively and it also shows a decent growth rate. MUR also has an excellent dividend rating. These ratings would make MUR suitable for dividend investing!
1. Profitability
1.1 Basic Checks
MUR had positive earnings in the past year.
In the past year MUR had a positive cash flow from operations.
In multiple years MUR reported negative net income over the last 5 years.
Each year in the past 5 years MUR had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.89%, MUR perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
The Return On Equity of MUR (5.48%) is comparable to the rest of the industry.
MUR has a Return On Invested Capital of 5.12%. This is comparable to the rest of the industry: MUR outperforms 43.81% of its industry peers.
MUR had an Average Return On Invested Capital over the past 3 years of 10.38%. This is significantly below the industry average of 21.66%.
The 3 year average ROIC (10.38%) for MUR is well above the current ROIC(5.12%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.48% | ||
| ROIC | 5.12% |
ROA(3y)6.78%
ROA(5y)1.76%
ROE(3y)13.16%
ROE(5y)2.09%
ROIC(3y)10.39%
ROIC(5y)N/A
1.3 Margins
MUR's Profit Margin of 10.25% is in line compared to the rest of the industry. MUR outperforms 55.71% of its industry peers.
In the last couple of years the Profit Margin of MUR has declined.
MUR has a Operating Margin of 19.96%. This is comparable to the rest of the industry: MUR outperforms 55.24% of its industry peers.
In the last couple of years the Operating Margin of MUR has grown nicely.
Looking at the Gross Margin, with a value of 68.91%, MUR is in the better half of the industry, outperforming 78.10% of the companies in the same industry.
In the last couple of years the Gross Margin of MUR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.96% | ||
| PM (TTM) | 10.25% | ||
| GM | 68.91% |
OM growth 3Y1.83%
OM growth 5Y6.15%
PM growth 3YN/A
PM growth 5Y-19.86%
GM growth 3Y-1.01%
GM growth 5Y-1.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MUR is creating some value.
The number of shares outstanding for MUR has been reduced compared to 1 year ago.
The number of shares outstanding for MUR has been reduced compared to 5 years ago.
The debt/assets ratio for MUR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.91 indicates that MUR is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 1.91, MUR is doing good in the industry, outperforming 65.24% of the companies in the same industry.
The Debt to FCF ratio of MUR is 3.27, which is a good value as it means it would take MUR, 3.27 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MUR (3.27) is better than 76.19% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that MUR is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.28, MUR is in the better half of the industry, outperforming 63.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.62
WACC8.23%
2.3 Liquidity
A Current Ratio of 0.84 indicates that MUR may have some problems paying its short term obligations.
With a Current ratio value of 0.84, MUR is not doing good in the industry: 64.76% of the companies in the same industry are doing better.
MUR has a Quick Ratio of 0.84. This is a bad value and indicates that MUR is not financially healthy enough and could expect problems in meeting its short term obligations.
MUR has a worse Quick ratio (0.77) than 62.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The earnings per share for MUR have decreased strongly by -53.73% in the last year.
MUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.59% yearly.
MUR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.09%.
Measured over the past years, MUR shows a small growth in Revenue. The Revenue has been growing by 1.39% on average per year.
EPS 1Y (TTM)-53.73%
EPS 3Y28.7%
EPS 5Y25.59%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-18.09%
Revenue growth 3Y9.87%
Revenue growth 5Y1.39%
Sales Q2Q%-14.72%
3.2 Future
MUR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.60% yearly.
Based on estimates for the next years, MUR will show a small growth in Revenue. The Revenue will grow by 0.40% on average per year.
EPS Next Y-50.74%
EPS Next 2Y-9.01%
EPS Next 3Y7.74%
EPS Next 5Y13.6%
Revenue Next Year-14.03%
Revenue Next 2Y-5.4%
Revenue Next 3Y0.4%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
MUR is valuated correctly with a Price/Earnings ratio of 14.08.
Compared to the rest of the industry, the Price/Earnings ratio of MUR is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.41, MUR is valued a bit cheaper.
MUR is valuated reasonably with a Price/Forward Earnings ratio of 11.87.
MUR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MUR is cheaper than 61.43% of the companies in the same industry.
MUR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 11.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MUR indicates a rather cheap valuation: MUR is cheaper than 86.67% of the companies listed in the same industry.
MUR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MUR is cheaper than 81.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.54 | ||
| EV/EBITDA | 3.41 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y-9.01%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
MUR has a Yearly Dividend Yield of 5.03%, which is a nice return.
Compared to an average industry Dividend Yield of 6.17, MUR pays a bit more dividend than its industry peers.
MUR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
5.2 History
The dividend of MUR has a limited annual growth rate of 3.72%.
MUR has been paying a dividend for at least 10 years, so it has a reliable track record.
MUR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.72%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
63.86% of the earnings are spent on dividend by MUR. This is not a sustainable payout ratio.
The dividend of MUR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP63.86%
EPS Next 2Y-9.01%
EPS Next 3Y7.74%
27.03
+0.11 (+0.41%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners93.69%
Inst Owner Change3.1%
Ins Owners5.57%
Ins Owner Change0.13%
Market Cap3.86B
Analysts55.38
Price Target27.84 (3%)
Short Float %12.67%
Short Ratio7.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
Yearly Dividend1.21
Dividend Growth(5Y)3.72%
DP63.86%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.65%
Min EPS beat(2)9.22%
Max EPS beat(2)34.08%
EPS beat(4)3
Avg EPS beat(4)2.94%
Min EPS beat(4)-38.67%
Max EPS beat(4)34.08%
EPS beat(8)6
Avg EPS beat(8)2.7%
EPS beat(12)9
Avg EPS beat(12)4.74%
EPS beat(16)12
Avg EPS beat(16)9.79%
Revenue beat(2)1
Avg Revenue beat(2)1.91%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)5.05%
Revenue beat(4)1
Avg Revenue beat(4)-2.02%
Min Revenue beat(4)-10.44%
Max Revenue beat(4)5.05%
Revenue beat(8)3
Avg Revenue beat(8)-0.63%
Revenue beat(12)7
Avg Revenue beat(12)3.97%
Revenue beat(16)10
Avg Revenue beat(16)5.18%
PT rev (1m)-1.51%
PT rev (3m)-1.6%
EPS NQ rev (1m)-71.19%
EPS NQ rev (3m)-77.59%
EPS NY rev (1m)-13.89%
EPS NY rev (3m)-28.96%
Revenue NQ rev (1m)-4.11%
Revenue NQ rev (3m)-6.34%
Revenue NY rev (1m)-1.14%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 11.87 | ||
| P/S | 1.39 | ||
| P/FCF | 8.54 | ||
| P/OCF | 2.54 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 3.41 |
EPS(TTM)1.92
EY7.1%
EPS(NY)2.28
Fwd EY8.42%
FCF(TTM)3.17
FCFY11.71%
OCF(TTM)10.66
OCFY39.43%
SpS19.46
BVpS36.42
TBVpS36.42
PEG (NY)N/A
PEG (5Y)0.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.48% | ||
| ROCE | 6.21% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.35% | ||
| ROICexgc | 5.35% | ||
| OM | 19.96% | ||
| PM (TTM) | 10.25% | ||
| GM | 68.91% | ||
| FCFM | 16.27% |
ROA(3y)6.78%
ROA(5y)1.76%
ROE(3y)13.16%
ROE(5y)2.09%
ROIC(3y)10.39%
ROIC(5y)N/A
ROICexc(3y)10.9%
ROICexc(5y)N/A
ROICexgc(3y)10.9%
ROICexgc(5y)N/A
ROCE(3y)12.59%
ROCE(5y)N/A
ROICexcg growth 3Y13.29%
ROICexcg growth 5Y12.74%
ROICexc growth 3Y13.29%
ROICexc growth 5Y12.74%
OM growth 3Y1.83%
OM growth 5Y6.15%
PM growth 3YN/A
PM growth 5Y-19.86%
GM growth 3Y-1.01%
GM growth 5Y-1.15%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 119.81% | ||
| Cap/Sales | 38.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.13% | ||
| Profit Quality | 158.72% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.91 |
F-Score5
WACC8.23%
ROIC/WACC0.62
Cap/Depr(3y)118.5%
Cap/Depr(5y)106.09%
Cap/Sales(3y)28.76%
Cap/Sales(5y)32.24%
Profit Quality(3y)142.37%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-53.73%
EPS 3Y28.7%
EPS 5Y25.59%
EPS Q2Q%-66.67%
EPS Next Y-50.74%
EPS Next 2Y-9.01%
EPS Next 3Y7.74%
EPS Next 5Y13.6%
Revenue 1Y (TTM)-18.09%
Revenue growth 3Y9.87%
Revenue growth 5Y1.39%
Sales Q2Q%-14.72%
Revenue Next Year-14.03%
Revenue Next 2Y-5.4%
Revenue Next 3Y0.4%
Revenue Next 5YN/A
EBIT growth 1Y-43.5%
EBIT growth 3Y11.87%
EBIT growth 5Y7.62%
EBIT Next Year96.73%
EBIT Next 3Y38.1%
EBIT Next 5Y23.86%
FCF growth 1Y-45.46%
FCF growth 3Y3.8%
FCF growth 5YN/A
OCF growth 1Y-22.23%
OCF growth 3Y6.73%
OCF growth 5YN/A