NINE ENERGY SERVICE INC (NINE)
US65441V1017 - Common Stock
Taking everything into account, NINE scores 1 out of 10 in our fundamental rating. NINE was compared to 58 industry peers in the Energy Equipment & Services industry. NINE has a bad profitability rating. Also its financial health evaluation is rather negative. NINE has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NINE has reported negative net income.
In the past year NINE had a positive cash flow from operations.
NINE had negative earnings in 4 of the past 5 years.
In multiple years NINE reported negative operating cash flow during the last 5 years.
1.2 Ratios
NINE has a Return On Assets of -12.04%. This is amonst the worse of the industry: NINE underperforms 91.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.47%, NINE is doing worse than 81.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.04% | ||
| ROE | N/A | ||
| ROIC | 2.47% |
ROA(3y)-7.19%
ROA(5y)-26.55%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of NINE (1.62%) is worse than 82.76% of its industry peers.
In the last couple of years the Operating Margin of NINE has declined.
NINE has a Gross Margin of 17.37%. This is in the lower half of the industry: NINE underperforms 75.86% of its industry peers.
In the last couple of years the Gross Margin of NINE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.62% | ||
| PM (TTM) | N/A | ||
| GM | 17.37% |
OM growth 3YN/A
OM growth 5Y-12.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y90.96%
GM growth 5Y-3.02%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NINE is destroying value.
The number of shares outstanding for NINE has been increased compared to 1 year ago.
The number of shares outstanding for NINE has been increased compared to 5 years ago.
The debt/assets ratio for NINE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.34, we must say that NINE is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -1.34, NINE is doing worse than 93.10% of the companies in the same industry.
The Debt to FCF ratio of NINE is 128.16, which is on the high side as it means it would take NINE, 128.16 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NINE (128.16) is worse than 70.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 128.16 | ||
| Altman-Z | -1.34 |
ROIC/WACC0.28
WACC8.68%
2.3 Liquidity
A Current Ratio of 2.46 indicates that NINE has no problem at all paying its short term obligations.
NINE has a Current ratio of 2.46. This is in the better half of the industry: NINE outperforms 72.41% of its industry peers.
A Quick Ratio of 1.59 indicates that NINE should not have too much problems paying its short term obligations.
NINE has a Quick ratio (1.59) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.59 |
3. Growth
3.1 Past
NINE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -866.67%.
The Revenue for NINE has decreased by -11.92% in the past year. This is quite bad
The Revenue has been decreasing by -5.92% on average over the past years.
EPS 1Y (TTM)-866.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.21%
Revenue 1Y (TTM)-11.92%
Revenue growth 3Y25.16%
Revenue growth 5Y-5.92%
Sales Q2Q%-1.75%
3.2 Future
NINE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.10% yearly.
The Revenue is expected to grow by 2.28% on average over the next years.
EPS Next Y-65.57%
EPS Next 2Y-5.29%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue Next Year-10.2%
Revenue Next 2Y-3.86%
Revenue Next 3Y2.28%
Revenue Next 5YN/A
3.3 Evolution
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
NINE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NINE. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NINE is on the same level as its industry peers.
NINE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.31 | ||
| EV/EBITDA | 7.76 |
4.3 Compensation for Growth
A more expensive valuation may be justified as NINE's earnings are expected to grow with 12.10% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.29%
EPS Next 3Y12.1%
5. Dividend
5.1 Amount
No dividends for NINE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NINE ENERGY SERVICE INC
NYSE:NINE (1/6/2025, 5:47:40 PM)
After market: 1.27 +0.02 (+1.6%)1.25
-0.18 (-12.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners27.59%
Inst Owner Change0%
Ins Owners30%
Ins Owner Change4.71%
Market Cap52.95M
Analysts40
Price Target1.02 (-18.4%)
Short Float %17.78%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.48%
Min EPS beat(2)-3.34%
Max EPS beat(2)18.3%
EPS beat(4)3
Avg EPS beat(4)15.75%
Min EPS beat(4)-3.34%
Max EPS beat(4)26.47%
EPS beat(8)4
Avg EPS beat(8)-5.37%
EPS beat(12)8
Avg EPS beat(12)127.4%
EPS beat(16)8
Avg EPS beat(16)88.88%
Revenue beat(2)1
Avg Revenue beat(2)-1.25%
Min Revenue beat(2)-3.13%
Max Revenue beat(2)0.63%
Revenue beat(4)1
Avg Revenue beat(4)-1.23%
Min Revenue beat(4)-3.13%
Max Revenue beat(4)0.63%
Revenue beat(8)1
Avg Revenue beat(8)-1.97%
Revenue beat(12)4
Avg Revenue beat(12)0.27%
Revenue beat(16)6
Avg Revenue beat(16)0.01%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-114.29%
EPS NY rev (1m)13.85%
EPS NY rev (3m)13.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.19%
Revenue NY rev (1m)1%
Revenue NY rev (3m)1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.1 | ||
| P/FCF | 21.31 | ||
| P/OCF | 2.35 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.76 |
EPS(TTM)-1.16
EYN/A
EPS(NY)-0.76
Fwd EYN/A
FCF(TTM)0.06
FCFY4.69%
OCF(TTM)0.53
OCFY42.52%
SpS13.14
BVpS-1.36
TBVpS-3.3
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.04% | ||
| ROE | N/A | ||
| ROCE | 3.12% | ||
| ROIC | 2.47% | ||
| ROICexc | 2.61% | ||
| ROICexgc | 3.73% | ||
| OM | 1.62% | ||
| PM (TTM) | N/A | ||
| GM | 17.37% | ||
| FCFM | 0.45% |
ROA(3y)-7.19%
ROA(5y)-26.55%
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 3YN/A
ROICexcg growth 5Y-6.09%
ROICexc growth 3YN/A
ROICexc growth 5Y5.09%
OM growth 3YN/A
OM growth 5Y-12.35%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y90.96%
GM growth 5Y-3.02%
F-Score2
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 128.16 | ||
| Debt/EBITDA | 6.8 | ||
| Cap/Depr | 52.98% | ||
| Cap/Sales | 3.6% | ||
| Interest Coverage | 0.21 | ||
| Cash Conversion | 48.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | -1.34 |
F-Score2
WACC8.68%
ROIC/WACC0.28
Cap/Depr(3y)55.23%
Cap/Depr(5y)55.85%
Cap/Sales(3y)4.42%
Cap/Sales(5y)4.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-866.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.21%
EPS Next Y-65.57%
EPS Next 2Y-5.29%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.92%
Revenue growth 3Y25.16%
Revenue growth 5Y-5.92%
Sales Q2Q%-1.75%
Revenue Next Year-10.2%
Revenue Next 2Y-3.86%
Revenue Next 3Y2.28%
Revenue Next 5YN/A
EBIT growth 1Y-71.34%
EBIT growth 3YN/A
EBIT growth 5Y-17.54%
EBIT Next Year98.7%
EBIT Next 3Y46.78%
EBIT Next 5YN/A
FCF growth 1Y109.75%
FCF growth 3YN/A
FCF growth 5Y-13.43%
OCF growth 1Y509.38%
OCF growth 3YN/A
OCF growth 5Y-12.67%