73.85 USD
-0.2 (-0.27%)
At close: Aug 4, 2023
73.85 USD
0 (0%)
After Hours: 8/4/2023, 8:23:12 PM
Taking everything into account, PDCE scores 5 out of 10 in our fundamental rating. PDCE was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of PDCE get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on PDCE. This makes PDCE very considerable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year PDCE was profitable.
- In the past year PDCE had a positive cash flow from operations.
1.2 Ratios
- With a decent Return On Assets value of 22.14%, PDCE is doing good in the industry, outperforming 79.34% of the companies in the same industry.
- PDCE has a Return On Equity of 41.84%. This is in the better half of the industry: PDCE outperforms 76.06% of its industry peers.
- PDCE has a Return On Invested Capital of 30.10%. This is amongst the best in the industry. PDCE outperforms 85.92% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PDCE is significantly below the industry average of 21.94%.
- The 3 year average ROIC (15.55%) for PDCE is below the current ROIC(30.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.14% | ||
| ROE | 41.84% | ||
| ROIC | 30.1% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.55%
ROIC(5y)11.87%
1.3 Margins
- PDCE's Profit Margin of 43.85% is amongst the best of the industry. PDCE outperforms 81.22% of its industry peers.
- PDCE has a better Operating Margin (58.61%) than 87.32% of its industry peers.
- PDCE's Operating Margin has improved in the last couple of years.
- PDCE has a better Gross Margin (87.02%) than 90.14% of its industry peers.
- PDCE's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 58.61% | ||
| PM (TTM) | 43.85% | ||
| GM | 87.02% |
OM growth 3Y123.77%
OM growth 5Y34.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.92%
GM growth 5Y-1.85%
2. Health
2.1 Basic Checks
- PDCE 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, PDCE has less shares outstanding
- The debt/assets ratio for PDCE has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.66 indicates that PDCE is not a great score, but indicates only limited risk for bankruptcy at the moment.
- PDCE's Altman-Z score of 2.66 is fine compared to the rest of the industry. PDCE outperforms 65.73% of its industry peers.
- PDCE has a debt to FCF ratio of 1.41. This is a very positive value and a sign of high solvency as it would only need 1.41 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.41, PDCE is in the better half of the industry, outperforming 74.65% of the companies in the same industry.
- A Debt/Equity ratio of 0.34 indicates that PDCE is not too dependend on debt financing.
- PDCE has a Debt to Equity ratio (0.34) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.66 |
ROIC/WACC3.69
WACC8.15%
2.3 Liquidity
- A Current Ratio of 0.49 indicates that PDCE may have some problems paying its short term obligations.
- PDCE's Current ratio of 0.49 is on the low side compared to the rest of the industry. PDCE is outperformed by 87.32% of its industry peers.
- PDCE has a Quick Ratio of 0.49. This is a bad value and indicates that PDCE is not financially healthy enough and could expect problems in meeting its short term obligations.
- PDCE's Quick ratio of 0.49 is on the low side compared to the rest of the industry. PDCE is outperformed by 83.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- PDCE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.96%.
- The Earnings Per Share has been growing by 167.86% on average over the past years. This is a very strong growth
- Looking at the last year, PDCE shows a very strong growth in Revenue. The Revenue has grown by 50.94%.
- Measured over the past years, PDCE shows a very strong growth in Revenue. The Revenue has been growing by 33.07% on average per year.
EPS 1Y (TTM)-11.96%
EPS 3Y167.86%
EPS 5YN/A
EPS Q2Q%-47.36%
Revenue 1Y (TTM)50.94%
Revenue growth 3Y49.28%
Revenue growth 5Y33.07%
Sales Q2Q%-23.42%
3.2 Future
- PDCE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.15% yearly.
- PDCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.61% yearly.
EPS Next Y-22.73%
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
EPS Next 5YN/A
Revenue Next Year-13.82%
Revenue Next 2Y-3.94%
Revenue Next 3Y0.61%
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 6.01, the valuation of PDCE can be described as very cheap.
- Based on the Price/Earnings ratio, PDCE is valued a bit cheaper than 69.01% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, PDCE is valued rather cheaply.
- The Price/Forward Earnings ratio is 4.80, which indicates a rather cheap valuation of PDCE.
- PDCE's Price/Forward Earnings ratio is rather cheap when compared to the industry. PDCE is cheaper than 86.85% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. PDCE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.01 | ||
| Fwd PE | 4.8 |
4.2 Price Multiples
- 87.79% of the companies in the same industry are more expensive than PDCE, based on the Enterprise Value to EBITDA ratio.
- PDCE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PDCE is cheaper than 73.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.02 | ||
| EV/EBITDA | 2.37 |
4.3 Compensation for Growth
- The decent profitability rating of PDCE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
5. Dividend
5.1 Amount
- PDCE has a Yearly Dividend Yield of 2.17%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.73, PDCE has a dividend in line with its industry peers.
- PDCE's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
- PDCE has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 10.55% of the earnings are spent on dividend by PDCE. This is a low number and sustainable payout ratio.
DP10.55%
EPS Next 2Y-1.16%
EPS Next 3Y7.15%
PDC ENERGY INC / PDCE FAQ
Can you provide the ChartMill fundamental rating for PDC ENERGY INC?
ChartMill assigns a fundamental rating of 6 / 10 to PDCE.
What is the valuation status of PDC ENERGY INC (PDCE) stock?
ChartMill assigns a valuation rating of 7 / 10 to PDC ENERGY INC (PDCE). This can be considered as Undervalued.
Can you provide the profitability details for PDC ENERGY INC?
PDC ENERGY INC (PDCE) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for PDCE stock?
The Price/Earnings (PE) ratio for PDC ENERGY INC (PDCE) is 6.01 and the Price/Book (PB) ratio is 1.45.
How sustainable is the dividend of PDC ENERGY INC (PDCE) stock?
The dividend rating of PDC ENERGY INC (PDCE) is 3 / 10 and the dividend payout ratio is 10.55%.