Eneti Inc (NETI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NETI - MHY2294C1075 - Common Stock
11.33 USD
+0.01 (+0.09%)
11.33 USD
0 (0%)
NETI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 55 industry peers in the Construction & Engineering industry. NETI has an average financial health and profitability rating. NETI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NETI had negative earnings in the past year.
In the past year NETI had a positive cash flow from operations.
In multiple years NETI reported negative net income over the last 5 years.
NETI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -4.76%, NETI is not doing good in the industry: 81.58% of the companies in the same industry are doing better.
NETI has a Return On Equity of -5.43%. This is in the lower half of the industry: NETI underperforms 73.68% of its industry peers.
With a Return On Invested Capital value of 1.17%, NETI is not doing good in the industry: 68.42% of the companies in the same industry are doing better.
| 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
In the last couple of years the Profit Margin of NETI has grown nicely.
NETI has a better Operating Margin (7.08%) than 73.68% of its industry peers.
NETI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 48.34%, NETI belongs to the top of the industry, outperforming 86.84% of the companies in the same industry.
In the last couple of years the Gross Margin of NETI has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NETI is destroying value.
NETI has less shares outstanding than it did 1 year ago.
Compared to 1 year ago, NETI has an improved debt to assets ratio.
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.
The Debt to FCF ratio of NETI is 47.41, which is on the high side as it means it would take NETI, 47.41 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NETI (47.41) is comparable to the rest of the industry.
NETI has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
NETI has a Debt to Equity ratio of 0.06. This is amongst the best in 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
NETI has a Current Ratio of 3.64. This indicates that NETI is financially healthy and has no problem in meeting 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.
NETI has a Quick Ratio of 3.50. This indicates that NETI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.50, NETI belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
| 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.
Measured over the past years, NETI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.37% on average per year.
The Revenue has decreased by -7.55% in the past 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
NETI is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.15% yearly.
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.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NETI indicates a slightly more expensive valuation: NETI is more expensive than 71.05% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.45, NETI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.12 |
4.2 Price Multiples
NETI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NETI is cheaper than 63.16% of the companies 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.
Compared to an average industry Dividend Yield of 1.73, NETI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, 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.
NETI has decreased its dividend 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%.