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 62 industry peers in the Energy Equipment & Services industry. While NEX has a great health rating, its profitability is only average at the moment. NEX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make NEX suitable for value investing!
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.
1.2 Ratios
- The Return On Assets of NEX (29.66%) is better than 100.00% of its industry peers.
- The Return On Equity of NEX (56.83%) is better than 96.83% of its industry peers.
- With an excellent Return On Invested Capital value of 30.63%, NEX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| 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.
- NEX has a Operating Margin of 16.19%. This is in the better half of the industry: NEX outperforms 77.78% of its industry peers.
- NEX's Operating Margin has improved in the last couple of years.
- NEX has a Gross Margin (26.92%) which is comparable to the rest of the industry.
- 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NEX is creating value.
- NEX has less shares outstanding than it did 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.
- Looking at the Altman-Z score, with a value of 4.14, NEX belongs to the top of the industry, outperforming 82.54% of the companies in the same industry.
- NEX has a debt to FCF ratio of 1.12. This is a very positive value and a sign of high solvency as it would only need 1.12 years to pay back of 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.
- NEX has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.32, NEX is in line with its industry, 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
- A Current Ratio of 1.37 indicates that NEX should not have too much problems paying its short term obligations.
- NEX has a Current ratio of 1.37. This is in the lower half of the industry: NEX underperforms 76.19% of its industry peers.
- 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.
- Looking at the Quick ratio, with a value of 1.26, NEX is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
- NEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 456.82%, which is quite impressive.
- 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
- Based on estimates for the next years, NEX will show a small growth in Earnings Per Share. The EPS will grow by 4.79% on average per year.
- The Revenue is expected to grow by 4.32% on average over the next years.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the 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 27.54, NEX is valued rather cheaply.
- With a Price/Forward Earnings ratio of 5.63, the valuation of NEX can be described as very cheap.
- 90.48% of the companies in the same industry are more expensive than NEX, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.31, NEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.33 | ||
| Fwd PE | 5.63 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NEX is valued cheaper than 95.24% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, NEX is valued 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
- NEX does not give a dividend.
| 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)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
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.
What is the valuation status of NexTier Oilfield Solutions Inc (NEX) stock?
ChartMill assigns a valuation rating of 9 / 10 to NexTier Oilfield Solutions Inc (NEX). This can be considered as Undervalued.
Can you provide the profitability details for NexTier Oilfield Solutions Inc?
NexTier Oilfield Solutions Inc (NEX) has a profitability rating of 6 / 10.
What is the financial health of NexTier Oilfield Solutions Inc (NEX) stock?
The financial health rating of NexTier Oilfield Solutions Inc (NEX) is 7 / 10.
What is the expected EPS growth for NexTier Oilfield Solutions Inc (NEX) stock?
The Earnings per Share (EPS) of NexTier Oilfield Solutions Inc (NEX) is expected to grow by 40.89% in the next year.