NUSTAR ENERGY LP (NS) Fundamental Analysis & Valuation

NYSE:NS • US67058H1023

Current stock price

21.96 USD
-0.41 (-1.83%)
At close:
22 USD
+0.04 (+0.18%)
After Hours:

This NS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. NS Profitability Analysis

1.1 Basic Checks

  • In the past year NS was profitable.
  • In the past year NS had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: NS reported negative net income in multiple years.
  • In the past 5 years NS always reported a positive cash flow from operatings.
NS Yearly Net Income VS EBIT VS OCF VS FCFNS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.71%, NS is doing worse than 77.67% of the companies in the same industry.
  • NS has a worse Return On Equity (3.38%) than 74.42% of its industry peers.
  • NS has a Return On Invested Capital (7.74%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NS is significantly below the industry average of 22.73%.
  • The last Return On Invested Capital (7.74%) for NS is above the 3 year average (7.42%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.71%
ROE 3.38%
ROIC 7.74%
ROA(3y)0.14%
ROA(5y)-1.9%
ROE(3y)1.41%
ROE(5y)-5.01%
ROIC(3y)7.42%
ROIC(5y)6.81%
NS Yearly ROA, ROE, ROICNS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 -10 -15

1.3 Margins

  • Looking at the Profit Margin, with a value of 2.11%, NS is doing worse than 73.02% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 27.84%, NS is in line with its industry, outperforming 56.28% of the companies in the same industry.
  • In the last couple of years the Operating Margin of NS has grown nicely.
  • Looking at the Gross Margin, with a value of 36.89%, NS is in line with its industry, outperforming 43.72% of the companies in the same industry.
  • NS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 27.84%
PM (TTM) 2.11%
GM 36.89%
OM growth 3Y-0.68%
OM growth 5Y5.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y4.79%
NS Yearly Profit, Operating, Gross MarginsNS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. NS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NS is still creating some value.
  • The number of shares outstanding for NS has been increased compared to 1 year ago.
  • Compared to 1 year ago, NS has a worse debt to assets ratio.
NS Yearly Shares OutstandingNS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
NS Yearly Total Debt VS Total AssetsNS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B

2.2 Solvency

  • The Debt to FCF ratio of NS is 10.32, which is on the high side as it means it would take NS, 10.32 years of fcf income to pay off all of its debts.
  • NS has a Debt to FCF ratio (10.32) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 3.33 is on the high side and indicates that NS has dependencies on debt financing.
  • NS has a Debt to Equity ratio of 3.33. This is amonst the worse of the industry: NS underperforms 87.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.33
Debt/FCF 10.32
Altman-Z N/A
ROIC/WACC1.06
WACC7.28%
NS Yearly LT Debt VS Equity VS FCFNS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 0.81 indicates that NS may have some problems paying its short term obligations.
  • NS has a Current ratio of 0.81. This is in the lower half of the industry: NS underperforms 72.09% of its industry peers.
  • NS has a Quick Ratio of 0.81. This is a bad value and indicates that NS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.73, NS is doing worse than 67.91% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.81
Quick Ratio 0.73
NS Yearly Current Assets VS Current LiabilitesNS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. NS Growth Analysis

3.1 Past

  • NS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.22%.
  • NS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.28% yearly.
  • The Revenue has decreased by -2.17% in the past year.
  • Measured over the past years, NS shows a small growth in Revenue. The Revenue has been growing by 1.46% on average per year.
EPS 1Y (TTM)-1.22%
EPS 3YN/A
EPS 5Y-4.28%
EPS Q2Q%-37.5%
Revenue 1Y (TTM)-2.17%
Revenue growth 3Y3.32%
Revenue growth 5Y1.46%
Sales Q2Q%-0.78%

3.2 Future

  • NS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.67% yearly.
  • NS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.91% yearly.
EPS Next Y53.78%
EPS Next 2Y34.12%
EPS Next 3Y21.67%
EPS Next 5YN/A
Revenue Next Year6.8%
Revenue Next 2Y3.96%
Revenue Next 3Y0.91%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better 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.
NS Yearly Revenue VS EstimatesNS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B 2B
NS Yearly EPS VS EstimatesNS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2

More info and screens

Find the best growth stocksShow best growing peers

4

4. NS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 27.11 indicates a quite expensive valuation of NS.
  • Compared to the rest of the industry, the Price/Earnings ratio of NS indicates a slightly more expensive valuation: NS is more expensive than 75.81% of the companies listed in the same industry.
  • NS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.47.
  • Based on the Price/Forward Earnings ratio of 13.56, the valuation of NS can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NS is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of NS to the average of the S&P500 Index (22.62), we can say NS is valued slightly cheaper.
Industry RankSector Rank
PE 27.11
Fwd PE 13.56
NS Price Earnings VS Forward Price EarningsNS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NS is valued a bit more expensive than the industry average as 60.93% of the companies are valued more cheaply.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NS indicates a somewhat cheap valuation: NS is cheaper than 69.30% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.44
EV/EBITDA 8.68
NS Per share dataNS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • NS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as NS's earnings are expected to grow with 21.67% in the coming years.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y34.12%
EPS Next 3Y21.67%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. NS Dividend Analysis

5.1 Amount

  • NS has a Yearly Dividend Yield of 7.29%, which is a nice return.
  • NS's Dividend Yield is a higher than the industry average which is at 3.26.
  • Compared to an average S&P500 Dividend Yield of 1.81, NS pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.29%

5.2 History

  • The dividend of NS decreases each year by -8.34%.
  • NS has been paying a dividend for at least 10 years, so it has a reliable track record.
  • NS has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-8.34%
Div Incr Years0
Div Non Decr Years2
NS Yearly Dividends per shareNS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3 4

5.3 Sustainability

  • 861.28% of the earnings are spent on dividend by NS. This is not a sustainable payout ratio.
DP861.28%
EPS Next 2Y34.12%
EPS Next 3Y21.67%
NS Yearly Income VS Free CF VS DividendNS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M
NS Dividend Payout.NS Dividend Payout, showing the Payout Ratio.NS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NS Fundamentals: All Metrics, Ratios and Statistics

NUSTAR ENERGY LP

NYSE:NS (5/2/2024, 8:10:13 PM)

After market: 22 +0.04 (+0.18%)

21.96

-0.41 (-1.83%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)05-02
Earnings (Next)08-01
Inst Owners0.18%
Inst Owner Change0%
Ins Owners8.18%
Ins Owner Change0%
Market Cap2.78B
Revenue(TTM)1.63B
Net Income(TTM)34.45M
Analysts46.67
Price Target23.46 (6.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.29%
Yearly Dividend2.53
Dividend Growth(5Y)-8.34%
DP861.28%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.88%
Min EPS beat(2)-51.46%
Max EPS beat(2)31.7%
EPS beat(4)1
Avg EPS beat(4)-29.85%
Min EPS beat(4)-66.85%
Max EPS beat(4)31.7%
EPS beat(8)1
Avg EPS beat(8)-34.12%
EPS beat(12)2
Avg EPS beat(12)-78.1%
EPS beat(16)2
Avg EPS beat(16)-118.28%
Revenue beat(2)1
Avg Revenue beat(2)-3.37%
Min Revenue beat(2)-7.85%
Max Revenue beat(2)1.12%
Revenue beat(4)2
Avg Revenue beat(4)-2.12%
Min Revenue beat(4)-7.85%
Max Revenue beat(4)2.69%
Revenue beat(8)4
Avg Revenue beat(8)-4.7%
Revenue beat(12)7
Avg Revenue beat(12)-1.56%
Revenue beat(16)8
Avg Revenue beat(16)-1.82%
PT rev (1m)0.73%
PT rev (3m)21.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.58%
EPS NY rev (1m)0%
EPS NY rev (3m)4.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.72%
Valuation
Industry RankSector Rank
PE 27.11
Fwd PE 13.56
P/S 1.7
P/FCF 8.44
P/OCF 5.68
P/B 2.73
P/tB N/A
EV/EBITDA 8.68
EPS(TTM)0.81
EY3.69%
EPS(NY)1.62
Fwd EY7.37%
FCF(TTM)2.6
FCFY11.85%
OCF(TTM)3.87
OCFY17.61%
SpS12.89
BVpS8.05
TBVpS-1.42
PEG (NY)0.5
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA 0.71%
ROE 3.38%
ROCE 9.8%
ROIC 7.74%
ROICexc 7.75%
ROICexgc 10.46%
OM 27.84%
PM (TTM) 2.11%
GM 36.89%
FCFM 20.19%
ROA(3y)0.14%
ROA(5y)-1.9%
ROE(3y)1.41%
ROE(5y)-5.01%
ROIC(3y)7.42%
ROIC(5y)6.81%
ROICexc(3y)7.43%
ROICexc(5y)6.85%
ROICexgc(3y)10.05%
ROICexgc(5y)9.37%
ROCE(3y)9.39%
ROCE(5y)8.62%
ROICexgc growth 3Y8.07%
ROICexgc growth 5Y11.61%
ROICexc growth 3Y7.97%
ROICexc growth 5Y12.53%
OM growth 3Y-0.68%
OM growth 5Y5.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y4.79%
F-Score4
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 3.33
Debt/FCF 10.32
Debt/EBITDA 4.77
Cap/Depr 62.33%
Cap/Sales 9.81%
Interest Coverage 1.93
Cash Conversion 68.84%
Profit Quality 955.94%
Current Ratio 0.81
Quick Ratio 0.73
Altman-Z N/A
F-Score4
WACC7.28%
ROIC/WACC1.06
Cap/Depr(3y)59.31%
Cap/Depr(5y)87.39%
Cap/Sales(3y)9.52%
Cap/Sales(5y)15.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.22%
EPS 3YN/A
EPS 5Y-4.28%
EPS Q2Q%-37.5%
EPS Next Y53.78%
EPS Next 2Y34.12%
EPS Next 3Y21.67%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.17%
Revenue growth 3Y3.32%
Revenue growth 5Y1.46%
Sales Q2Q%-0.78%
Revenue Next Year6.8%
Revenue Next 2Y3.96%
Revenue Next 3Y0.91%
Revenue Next 5YN/A
EBIT growth 1Y-3.23%
EBIT growth 3Y2.62%
EBIT growth 5Y6.92%
EBIT Next Year30.44%
EBIT Next 3Y10.81%
EBIT Next 5Y7.72%
FCF growth 1Y0.35%
FCF growth 3Y3.8%
FCF growth 5Y33.44%
OCF growth 1Y-2.43%
OCF growth 3Y-0.75%
OCF growth 5Y-1.13%

NUSTAR ENERGY LP / NS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for NUSTAR ENERGY LP?

ChartMill assigns a fundamental rating of 3 / 10 to NS.


What is the valuation status for NS stock?

ChartMill assigns a valuation rating of 4 / 10 to NUSTAR ENERGY LP (NS). This can be considered as Fairly Valued.


How profitable is NUSTAR ENERGY LP (NS) stock?

NUSTAR ENERGY LP (NS) has a profitability rating of 4 / 10.


What is the valuation of NUSTAR ENERGY LP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for NUSTAR ENERGY LP (NS) is 27.11 and the Price/Book (PB) ratio is 2.73.


What is the expected EPS growth for NUSTAR ENERGY LP (NS) stock?

The Earnings per Share (EPS) of NUSTAR ENERGY LP (NS) is expected to grow by 53.78% in the next year.