NexTier Oilfield Solutions Inc (NEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NEX - US65290C1053 - Common Stock
10.61 USD
+0.1 (+0.95%)
10.69 USD
+0.08 (+0.75%)
NEX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. While NEX has a great health rating, its profitability is only average at the moment. NEX may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make NEX suitable for value investing!
1. Profitability
1.1 Basic Checks
NEX had positive earnings in the past year.
In the past year NEX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: NEX reported negative net income in multiple years.
NEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 29.66%, NEX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 56.83%, NEX belongs to the best of the industry, outperforming 96.83% of the companies in the same industry.
NEX has a better Return On Invested Capital (30.63%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.66% | ||
| ROE | 56.83% | ||
| ROIC | 30.63% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NEX's Profit Margin of 17.59% is amongst the best of the industry. NEX outperforms 95.24% of its industry peers.
Looking at the Operating Margin, with a value of 16.19%, NEX is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
NEX's Operating Margin has improved in the last couple of years.
NEX has a Gross Margin of 26.92%. This is comparable to the rest of the industry: NEX outperforms 50.79% of its industry peers.
In the last couple of years the Gross Margin of NEX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 17.59% | ||
| GM | 26.92% |
OM growth 3Y390.97%
OM growth 5Y56.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y6.55%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NEX is creating value.
The number of shares outstanding for NEX has been reduced compared to 1 year ago.
NEX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.14 indicates that NEX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.14, NEX belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
The Debt to FCF ratio of NEX is 1.12, which is an excellent value as it means it would take NEX, only 1.12 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.12, NEX belongs to the top of the industry, outperforming 87.30% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that NEX is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.32, NEX perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.12 | ||
| Altman-Z | 4.14 |
ROIC/WACC3.33
WACC9.21%
2.3 Liquidity
NEX has a Current Ratio of 1.37. This is a normal value and indicates that NEX is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.37, NEX is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
NEX has a Quick Ratio of 1.26. This is a normal value and indicates that NEX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.26, NEX is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 456.82% over the past year.
The Earnings Per Share has been growing by 81.60% on average over the past years. This is a very strong growth
NEX shows a strong growth in Revenue. In the last year, the Revenue has grown by 53.21%.
The Revenue has been growing by 16.04% on average over the past years. This is quite good.
EPS 1Y (TTM)456.82%
EPS 3YN/A
EPS 5Y81.6%
EPS Q2Q%74.36%
Revenue 1Y (TTM)53.21%
Revenue growth 3Y21.22%
Revenue growth 5Y16.04%
Sales Q2Q%12.12%
3.2 Future
NEX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.79% yearly.
NEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.32% yearly.
EPS Next Y40.89%
EPS Next 2Y9.22%
EPS Next 3Y4.79%
EPS Next 5YN/A
Revenue Next Year10.1%
Revenue Next 2Y6.01%
Revenue Next 3Y4.32%
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
A Price/Earnings ratio of 4.33 indicates a rather cheap valuation of NEX.
Based on the Price/Earnings ratio, NEX is valued cheaper than 96.83% of the companies in the same industry.
When comparing the Price/Earnings ratio of NEX to the average of the S&P500 Index (26.37), we can say NEX is valued rather cheaply.
The Price/Forward Earnings ratio is 5.63, which indicates a rather cheap valuation of NEX.
Based on the Price/Forward Earnings ratio, NEX is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
NEX is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.33 | ||
| Fwd PE | 5.63 |
4.2 Price Multiples
NEX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NEX is cheaper than 95.24% of the companies in the same industry.
NEX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NEX is cheaper than 93.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.87 | ||
| EV/EBITDA | 2.86 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NEX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.11
PEG (5Y)0.05
EPS Next 2Y9.22%
EPS Next 3Y4.79%
5. Dividend
5.1 Amount
No dividends for NEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.61
+0.1 (+0.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners16.43%
Ins Owner Change0%
Market Cap2.25B
Revenue(TTM)3.65B
Net Income(TTM)641.78M
Analysts77.14
Price Target13.63 (28.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.64%
Min EPS beat(2)6.63%
Max EPS beat(2)6.64%
EPS beat(4)4
Avg EPS beat(4)14.69%
Min EPS beat(4)6.63%
Max EPS beat(4)35.22%
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)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.99%
Max Revenue beat(2)-0.03%
Revenue beat(4)0
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-4.06%
Max Revenue beat(4)-0.03%
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)0%
PT rev (3m)-2.59%
EPS NQ rev (1m)2.58%
EPS NQ rev (3m)-21.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.95%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-11.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.33 | ||
| Fwd PE | 5.63 | ||
| P/S | 0.62 | ||
| P/FCF | 5.87 | ||
| P/OCF | 3.18 | ||
| P/B | 1.99 | ||
| P/tB | 2.53 | ||
| EV/EBITDA | 2.86 |
EPS(TTM)2.45
EY23.09%
EPS(NY)1.88
Fwd EY17.77%
FCF(TTM)1.81
FCFY17.05%
OCF(TTM)3.34
OCFY31.45%
SpS17.21
BVpS5.33
TBVpS4.19
PEG (NY)0.11
PEG (5Y)0.05
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 29.66% | ||
| ROE | 56.83% | ||
| ROCE | 38.78% | ||
| ROIC | 30.63% | ||
| ROICexc | 38.5% | ||
| ROICexgc | 48.07% | ||
| OM | 16.19% | ||
| PM (TTM) | 17.59% | ||
| GM | 26.92% | ||
| FCFM | 10.51% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y526.68%
ROICexgc growth 5Y70.24%
ROICexc growth 3Y509.03%
ROICexc growth 5Y71.08%
OM growth 3Y390.97%
OM growth 5Y56.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y6.55%
F-Score9
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.12 | ||
| Debt/EBITDA | 0.44 | ||
| Cap/Depr | 136.35% | ||
| Cap/Sales | 8.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 59.73% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 4.14 |
F-Score9
WACC9.21%
ROIC/WACC3.33
Cap/Depr(3y)79.46%
Cap/Depr(5y)83.31%
Cap/Sales(3y)10.04%
Cap/Sales(5y)10.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)456.82%
EPS 3YN/A
EPS 5Y81.6%
EPS Q2Q%74.36%
EPS Next Y40.89%
EPS Next 2Y9.22%
EPS Next 3Y4.79%
EPS Next 5YN/A
Revenue 1Y (TTM)53.21%
Revenue growth 3Y21.22%
Revenue growth 5Y16.04%
Sales Q2Q%12.12%
Revenue Next Year10.1%
Revenue Next 2Y6.01%
Revenue Next 3Y4.32%
Revenue Next 5YN/A
EBIT growth 1Y619.09%
EBIT growth 3Y495.16%
EBIT growth 5Y81.81%
EBIT Next Year124.4%
EBIT Next 3Y30.9%
EBIT Next 5YN/A
FCF growth 1Y369.29%
FCF growth 3Y32.48%
FCF growth 5YN/A
OCF growth 1Y1511.4%
OCF growth 3Y14.15%
OCF growth 5Y41.64%
NexTier Oilfield Solutions Inc / NEX FAQ
What is the fundamental rating for NEX stock?
ChartMill assigns a fundamental rating of 6 / 10 to NEX.
Can you provide the valuation status for NexTier Oilfield Solutions Inc?
ChartMill assigns a valuation rating of 9 / 10 to NexTier Oilfield Solutions Inc (NEX). This can be considered as Undervalued.
What is the profitability of NEX stock?
NexTier Oilfield Solutions Inc (NEX) has a profitability rating of 6 / 10.
What is the valuation of NexTier Oilfield Solutions Inc based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NexTier Oilfield Solutions Inc (NEX) is 4.33 and the Price/Book (PB) ratio is 1.99.