NINE ENERGY SERVICE INC (NINE)
US65441V1017 - Common Stock
Overall NINE gets a fundamental rating of 1 out of 10. We evaluated NINE against 60 industry peers in the Energy Equipment & Services industry. NINE has a bad profitability rating. Also its financial health evaluation is rather negative. NINE does not seem to be growing, but still is valued expensively.
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
With a Return On Assets value of -12.04%, NINE is not doing good in the industry: 88.33% of the companies in the same industry are doing better.
NINE has a worse Return On Invested Capital (2.47%) than 80.00% of its industry peers.
| 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
With a Operating Margin value of 1.62%, NINE is not doing good in the industry: 81.67% of the companies in the same industry are doing better.
NINE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 17.37%, NINE is doing worse than 75.00% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NINE is destroying value.
Compared to 1 year ago, NINE has more shares outstanding
Compared to 5 years ago, NINE has more shares outstanding
The debt/assets ratio for NINE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.33, we must say that NINE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NINE (-1.33) is worse than 91.67% of its industry peers.
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.
NINE has a worse Debt to FCF ratio (128.16) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 128.16 | ||
| Altman-Z | -1.33 |
ROIC/WACC0.28
WACC8.82%
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 better Current ratio (2.46) than 73.33% of its industry peers.
NINE has a Quick Ratio of 1.59. This is a normal value and indicates that NINE is financially healthy and should not expect problems in meeting its short term obligations.
NINE's Quick ratio of 1.59 is in line compared to the rest of the industry. NINE outperforms 56.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.59 |
3. Growth
3.1 Past
The earnings per share for NINE have decreased strongly by -866.67% in the last year.
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
The Earnings Per Share is expected to grow by 12.10% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.28% on average over the next years.
EPS Next Y-92.17%
EPS Next 2Y-5.29%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue Next Year-11.08%
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
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NINE.
NINE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.72 | ||
| EV/EBITDA | 7.78 |
4.3 Compensation for Growth
NINE's earnings are expected to grow with 12.10% in the coming years. This may justify a more expensive valuation.
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 (11/22/2024, 8:04:00 PM)
After market: 1.6201 +0.17 (+11.73%)1.45
+0.19 (+15.08%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap61.42M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.04% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.62% | ||
| PM (TTM) | N/A | ||
| GM | 17.37% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-866.67%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-92.17%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-11.92%
Revenue growth 3Y25.16%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y