Logo image of NEX

NexTier Oilfield Solutions Inc (NEX) Stock Fundamental Analysis

NYSE:NEX - New York Stock Exchange, Inc. - US65290C1053 - Common Stock - Currency: USD

10.61  +0.1 (+0.95%)

Premarket: 10.69 +0.08 (+0.75%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to NEX. NEX was compared to 63 industry peers in the Energy Equipment & Services industry. NEX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. NEX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes NEX very considerable for value investing!


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

In the past year NEX was profitable.
In the past year NEX had a positive cash flow from operations.
In multiple years NEX reported negative net income over the last 5 years.
Of the past 5 years NEX 4 years had a positive operating cash flow.
NEX Yearly Net Income VS EBIT VS OCF VS FCFNEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 200M -200M 400M

1.2 Ratios

NEX's Return On Assets of 29.66% is amongst the best of the industry. NEX outperforms 100.00% of its industry peers.
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.
Looking at the Return On Invested Capital, with a value of 30.63%, NEX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector 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
NEX Yearly ROA, ROE, ROICNEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 0 -50 -100

1.3 Margins

NEX has a Profit Margin of 17.59%. This is amongst the best in the industry. NEX outperforms 95.24% of its industry peers.
NEX's Operating Margin of 16.19% is fine compared to the rest of the industry. NEX outperforms 77.78% of its industry peers.
In the last couple of years the Operating Margin of NEX has grown nicely.
With a Gross Margin value of 26.92%, NEX perfoms like the industry average, outperforming 50.79% of the companies in the same industry.
NEX's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
NEX Yearly Profit, Operating, Gross MarginsNEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 0 20 -20 -40

More info and screens

7

2. Health

2.1 Basic Checks

NEX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, NEX has less shares outstanding
NEX has a better debt/assets ratio than last year.
NEX Yearly Shares OutstandingNEX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M 200M
NEX Yearly Total Debt VS Total AssetsNEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B

2.2 Solvency

An Altman-Z score of 4.14 indicates that NEX is not in any danger for bankruptcy at the moment.
NEX's Altman-Z score of 4.14 is amongst the best of the industry. NEX outperforms 82.54% of its industry peers.
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.
NEX has a better Debt to FCF ratio (1.12) than 87.30% of its industry peers.
NEX has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
NEX has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 1.12
Altman-Z 4.14
ROIC/WACC3.33
WACC9.21%
NEX Yearly LT Debt VS Equity VS FCFNEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 200M -200M 400M 600M 800M

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.
Looking at the Current ratio, with a value of 1.37, NEX is doing worse than 76.19% of the companies in the same industry.
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 RankSector Rank
Current Ratio 1.37
Quick Ratio 1.26
NEX Yearly Current Assets VS Current LiabilitesNEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M

More info and screens

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 456.82% over the past year.
Measured over the past years, NEX shows a very strong growth in Earnings Per Share. The EPS has been growing by 81.60% on average per year.
The Revenue has grown by 53.21% in the past year. This is a very strong growth!
NEX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.04% yearly.
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.
Based on estimates for the next years, NEX will show a small growth in Revenue. The Revenue will grow by 4.32% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NEX Yearly Revenue VS EstimatesNEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
NEX Yearly EPS VS EstimatesNEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1 2

More info and screens

9

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 4.33, the valuation of NEX can be described as very cheap.
96.83% of the companies in the same industry are more expensive than NEX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.28, NEX is valued rather cheaply.
A Price/Forward Earnings ratio of 5.63 indicates a rather cheap valuation of NEX.
NEX's Price/Forward Earnings ratio is rather cheap when compared to the industry. NEX is cheaper than 90.48% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NEX to the average of the S&P500 Index (21.76), we can say NEX is valued rather cheaply.
Industry RankSector Rank
PE 4.33
Fwd PE 5.63
NEX Price Earnings VS Forward Price EarningsNEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NEX indicates a rather cheap valuation: NEX is cheaper than 95.24% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NEX indicates a rather cheap valuation: NEX is cheaper than 93.65% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.87
EV/EBITDA 2.86
NEX Per share dataNEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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%

More info and screens

0

5. Dividend

5.1 Amount

NEX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NexTier Oilfield Solutions Inc

NYSE:NEX (8/31/2023, 8:09:30 PM)

Premarket: 10.69 +0.08 (+0.75%)

10.61

+0.1 (+0.95%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)07-25 2023-07-25/amc
Earnings (Next)10-23 2023-10-23/amc
Inst Owners0%
Inst Owner Change0%
Ins Owners16.43%
Ins Owner Change0%
Market Cap2.25B
Analysts77.14
Price Target13.63 (28.46%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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 RankSector 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
Profitability
Industry RankSector 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
ROICexcg growth 3Y526.68%
ROICexcg 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 RankSector 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%