Eneti Inc (NETI) Stock Fundamental Analysis
USA - NYSE:NETI - MHY2294C1075 - Common Stock
11.33 USD
+0.01 (+0.09%)
11.33 USD
0 (0%)
Overall NETI gets a fundamental rating of 4 out of 10. We evaluated NETI against 55 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of NETI get a neutral evaluation. Nothing too spectacular is happening here. NETI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NETI had negative earnings in the past year.
NETI had a positive operating cash flow in the past year.
In multiple years NETI reported negative net income over the last 5 years.
Of the past 5 years NETI 4 years had a positive operating cash flow.
1.2 Ratios
NETI has a Return On Assets of -4.76%. This is amonst the worse of the industry: NETI underperforms 81.58% of its industry peers.
NETI has a worse Return On Equity (-5.43%) than 73.68% of its industry peers.
NETI has a Return On Invested Capital of 1.17%. This is in the lower half of the industry: NETI underperforms 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | -5.43% | ||
| ROIC | 1.17% |
ROA(3y)-20.64%
ROA(5y)-12%
ROE(3y)-76.16%
ROE(5y)-44.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NETI's Profit Margin has improved in the last couple of years.
NETI has a Operating Margin of 7.08%. This is in the better half of the industry: NETI outperforms 73.68% of its industry peers.
NETI's Operating Margin has improved in the last couple of years.
The Gross Margin of NETI (48.34%) is better than 86.84% of its industry peers.
NETI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.08% | ||
| PM (TTM) | N/A | ||
| GM | 48.34% |
OM growth 3Y56.95%
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5YN/A
GM growth 3Y4.27%
GM growth 5Y5.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NETI is destroying value.
The number of shares outstanding for NETI has been reduced compared to 1 year ago.
NETI has a better debt/assets ratio than last year.
2.2 Solvency
NETI has an Altman-Z score of 0.65. This is a bad value and indicates that NETI is not financially healthy and even has some risk of bankruptcy.
NETI has a Altman-Z score of 0.65. This is amonst the worse of the industry: NETI underperforms 86.84% of its industry peers.
NETI has a debt to FCF ratio of 47.41. This is a negative value and a sign of low solvency as NETI would need 47.41 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 47.41, NETI is in line with its industry, outperforming 44.74% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that NETI is not too dependend on debt financing.
NETI's Debt to Equity ratio of 0.06 is amongst the best of the industry. NETI outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 47.41 | ||
| Altman-Z | 0.65 |
ROIC/WACC0.15
WACC7.66%
2.3 Liquidity
A Current Ratio of 3.64 indicates that NETI has no problem at all paying its short term obligations.
NETI's Current ratio of 3.64 is amongst the best of the industry. NETI outperforms 94.74% of its industry peers.
A Quick Ratio of 3.50 indicates that NETI has no problem at all paying its short term obligations.
NETI has a Quick ratio of 3.50. This is amongst the best in the industry. NETI outperforms 94.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.64 | ||
| Quick Ratio | 3.5 |
3. Growth
3.1 Past
The earnings per share for NETI have decreased strongly by -170.27% in the last year.
NETI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.37% yearly.
Looking at the last year, NETI shows a decrease in Revenue. The Revenue has decreased by -7.55% in the last year.
NETI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.21% yearly.
EPS 1Y (TTM)-170.27%
EPS 3Y-24.37%
EPS 5YN/A
EPS Q2Q%-49.47%
Revenue 1Y (TTM)-7.55%
Revenue growth 3Y-3.91%
Revenue growth 5Y4.21%
Sales Q2Q%-23.12%
3.2 Future
The Earnings Per Share is expected to decrease by -1.15% on average over the next years.
The Revenue is expected to grow by 11.96% on average over the next years. This is quite good.
EPS Next Y-155.28%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
EPS Next 5Y-1.15%
Revenue Next Year-27.92%
Revenue Next 2Y-14%
Revenue Next 3Y11.84%
Revenue Next 5Y11.96%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NETI. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 28.12, the valuation of NETI can be described as expensive.
71.05% of the companies in the same industry are cheaper than NETI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NETI to the average of the S&P500 Index (31.86), we can say NETI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.12 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NETI indicates a somewhat cheap valuation: NETI is cheaper than 63.16% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NETI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 375.56 | ||
| EV/EBITDA | 12.51 |
4.3 Compensation for Growth
NETI's earnings are expected to decrease with -11.22% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
5. Dividend
5.1 Amount
NETI has a yearly dividend return of 0.35%, which is pretty low.
NETI's Dividend Yield is a higher than the industry average which is at 1.73.
Compared to an average S&P500 Dividend Yield of 2.40, NETI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
5.2 History
The dividend of NETI decreases each year by -27.26%.
NETI has been paying a dividend for over 5 years, so it has already some track record.
The dividend of NETI decreased recently.
Dividend Growth(5Y)-27.26%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
NETI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The Dividend Rate of NETI has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-4.27%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
11.33
+0.01 (+0.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners0.19%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap437.90M
Revenue(TTM)152.47M
Net Income(TTM)-36.44M
Analysts86.67
Price Target15.61 (37.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
Yearly Dividend0.04
Dividend Growth(5Y)-27.26%
DP-4.27%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1690.22%
Min EPS beat(2)-3454.3%
Max EPS beat(2)73.86%
EPS beat(4)3
Avg EPS beat(4)-757.58%
Min EPS beat(4)-3454.3%
Max EPS beat(4)304.52%
EPS beat(8)6
Avg EPS beat(8)-354.96%
EPS beat(12)8
Avg EPS beat(12)-24.71%
EPS beat(16)9
Avg EPS beat(16)496.23%
Revenue beat(2)1
Avg Revenue beat(2)3.24%
Min Revenue beat(2)-0.52%
Max Revenue beat(2)6.99%
Revenue beat(4)3
Avg Revenue beat(4)13.71%
Min Revenue beat(4)-0.52%
Max Revenue beat(4)38.26%
Revenue beat(8)6
Avg Revenue beat(8)7.17%
Revenue beat(12)9
Avg Revenue beat(12)17.95%
Revenue beat(16)9
Avg Revenue beat(16)12.09%
PT rev (1m)2.57%
PT rev (3m)5.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)347.04%
EPS NY rev (1m)0%
EPS NY rev (3m)6.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.12 | ||
| P/S | 2.87 | ||
| P/FCF | 375.56 | ||
| P/OCF | 11.49 | ||
| P/B | 0.65 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 12.51 |
EPS(TTM)-1.04
EYN/A
EPS(NY)0.4
Fwd EY3.56%
FCF(TTM)0.03
FCFY0.27%
OCF(TTM)0.99
OCFY8.7%
SpS3.94
BVpS17.37
TBVpS17.26
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | -5.43% | ||
| ROCE | 1.48% | ||
| ROIC | 1.17% | ||
| ROICexc | 1.31% | ||
| ROICexgc | 1.32% | ||
| OM | 7.08% | ||
| PM (TTM) | N/A | ||
| GM | 48.34% | ||
| FCFM | 0.76% |
ROA(3y)-20.64%
ROA(5y)-12%
ROE(3y)-76.16%
ROE(5y)-44.97%
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
ROICexgc growth 3Y99.78%
ROICexgc growth 5YN/A
ROICexc growth 3Y99.32%
ROICexc growth 5YN/A
OM growth 3Y56.95%
OM growth 5YN/A
PM growth 3Y38.64%
PM growth 5YN/A
GM growth 3Y4.27%
GM growth 5Y5.39%
F-Score3
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 47.41 | ||
| Debt/EBITDA | 1.3 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.64 | ||
| Quick Ratio | 3.5 | ||
| Altman-Z | 0.65 |
F-Score3
WACC7.66%
ROIC/WACC0.15
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-170.27%
EPS 3Y-24.37%
EPS 5YN/A
EPS Q2Q%-49.47%
EPS Next Y-155.28%
EPS Next 2Y-61.65%
EPS Next 3Y-11.22%
EPS Next 5Y-1.15%
Revenue 1Y (TTM)-7.55%
Revenue growth 3Y-3.91%
Revenue growth 5Y4.21%
Sales Q2Q%-23.12%
Revenue Next Year-27.92%
Revenue Next 2Y-14%
Revenue Next 3Y11.84%
Revenue Next 5Y11.96%
EBIT growth 1Y-43.33%
EBIT growth 3Y50.82%
EBIT growth 5YN/A
EBIT Next Year-20.87%
EBIT Next 3Y57.9%
EBIT Next 5Y44.83%
FCF growth 1Y1357.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y106.59%
OCF growth 3Y23.14%
OCF growth 5Y26.43%
Eneti Inc / NETI FAQ
Can you provide the ChartMill fundamental rating for Eneti Inc?
ChartMill assigns a fundamental rating of 4 / 10 to NETI.
What is the valuation status for NETI stock?
ChartMill assigns a valuation rating of 1 / 10 to Eneti Inc (NETI). This can be considered as Overvalued.
What is the profitability of NETI stock?
Eneti Inc (NETI) has a profitability rating of 4 / 10.
What is the earnings growth outlook for Eneti Inc?
The Earnings per Share (EPS) of Eneti Inc (NETI) is expected to decline by -155.28% in the next year.
Is the dividend of Eneti Inc sustainable?
The dividend rating of Eneti Inc (NETI) is 2 / 10 and the dividend payout ratio is -4.27%.