PHX MINERALS INC (PHX) Stock Fundamental Analysis
NYSE:PHX - New York Stock Exchange, Inc. - US69291A1007 - Common Stock - Currency: USD
Taking everything into account, PHX scores 5 out of 10 in our fundamental rating. PHX was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. While PHX has a great health rating, its profitability is only average at the moment. PHX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PHX had positive earnings in the past year.
PHX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PHX reported negative net income in multiple years.
Each year in the past 5 years PHX had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.42%, PHX is not doing good in the industry: 62.74% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 1.90%, PHX is doing worse than 65.09% of the companies in the same industry.
PHX has a Return On Invested Capital of 2.56%. This is in the lower half of the industry: PHX underperforms 69.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PHX is significantly below the industry average of 27.43%.
The last Return On Invested Capital (2.56%) for PHX is well below the 3 year average (9.06%), which needs to be investigated, but indicates that PHX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.42% | ||
| ROE | 1.9% | ||
| ROIC | 2.56% |
ROA(3y)7.72%
ROA(5y)-1.22%
ROE(3y)10.71%
ROE(5y)-2.76%
ROIC(3y)9.06%
ROIC(5y)N/A
1.3 Margins
PHX has a Profit Margin of 6.78%. This is comparable to the rest of the industry: PHX outperforms 46.23% of its industry peers.
PHX has a Operating Margin (16.19%) which is in line with its industry peers.
In the last couple of years the Operating Margin of PHX has declined.
Looking at the Gross Margin, with a value of 91.44%, PHX belongs to the top of the industry, outperforming 96.70% of the companies in the same industry.
In the last couple of years the Gross Margin of PHX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.19% | ||
| PM (TTM) | 6.78% | ||
| GM | 91.44% |
OM growth 3Y-15.61%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y7.11%
2. Health
2.1 Basic Checks
PHX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PHX has been increased compared to 1 year ago.
Compared to 5 years ago, PHX has more shares outstanding
PHX has a better debt/assets ratio than last year.
2.2 Solvency
PHX has an Altman-Z score of 3.06. This indicates that PHX is financially healthy and has little risk of bankruptcy at the moment.
PHX has a better Altman-Z score (3.06) than 83.02% of its industry peers.
The Debt to FCF ratio of PHX is 1.64, which is an excellent value as it means it would take PHX, only 1.64 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PHX (1.64) is better than 85.38% of its industry peers.
PHX has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, PHX is in the better half of the industry, outperforming 67.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | 3.06 |
ROIC/WACC0.24
WACC10.57%
2.3 Liquidity
PHX has a Current Ratio of 2.95. This indicates that PHX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.95, PHX belongs to the top of the industry, outperforming 84.43% of the companies in the same industry.
A Quick Ratio of 2.95 indicates that PHX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.95, PHX belongs to the best of the industry, outperforming 85.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.95 |
3. Growth
3.1 Past
The earnings per share for PHX have decreased strongly by -71.43% in the last year.
The earnings per share for PHX have been decreasing by -51.21% on average. This is quite bad
Looking at the last year, PHX shows a decrease in Revenue. The Revenue has decreased by -8.86% in the last year.
Measured over the past years, PHX shows a decrease in Revenue. The Revenue has been decreasing by -3.50% on average per year.
EPS 1Y (TTM)-71.43%
EPS 3YN/A
EPS 5Y-51.21%
EPS Q2Q%-100%
Revenue 1Y (TTM)-8.86%
Revenue growth 3Y-3.53%
Revenue growth 5Y-3.5%
Sales Q2Q%-31.91%
3.2 Future
PHX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 119.80% yearly.
The Revenue is expected to grow by 15.07% on average over the next years. This is quite good.
EPS Next Y260.23%
EPS Next 2Y119.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year38.18%
Revenue Next 2Y15.07%
Revenue Next 3YN/A
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 64.67, which means the current valuation is very expensive for PHX.
Compared to the rest of the industry, the Price/Earnings ratio of PHX indicates a slightly more expensive valuation: PHX is more expensive than 68.40% of the companies listed in the same industry.
PHX is valuated expensively when we compare the Price/Earnings ratio to 28.33, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 17.95 indicates a rather expensive valuation of PHX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PHX is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.37. PHX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.67 | ||
| Fwd PE | 17.95 |
4.2 Price Multiples
PHX's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, PHX is valued a bit cheaper than 76.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.18 | ||
| EV/EBITDA | 11.21 |
4.3 Compensation for Growth
PHX'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 PHX's earnings are expected to grow with 119.80% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y119.8%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.06%, PHX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.41, PHX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, PHX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
5.2 History
The dividend of PHX decreases each year by -2.22%.
PHX has paid a dividend for at least 10 years, which is a reliable track record.
PHX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.22%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
225.23% of the earnings are spent on dividend by PHX. This is not a sustainable payout ratio.
DP225.23%
EPS Next 2Y119.8%
EPS Next 3YN/A
3.88
+0.12 (+3.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners37.75%
Inst Owner Change0%
Ins Owners16.32%
Ins Owner Change1.62%
Market Cap147.13M
Analysts80
Price Target5.36 (38.14%)
Short Float %0.43%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
Yearly Dividend0.14
Dividend Growth(5Y)-2.22%
DP225.23%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-47.58%
Min EPS beat(2)-100%
Max EPS beat(2)4.85%
EPS beat(4)2
Avg EPS beat(4)-10.42%
Min EPS beat(4)-129.41%
Max EPS beat(4)182.89%
EPS beat(8)4
Avg EPS beat(8)-7.27%
EPS beat(12)6
Avg EPS beat(12)-9.83%
EPS beat(16)7
Avg EPS beat(16)-56.32%
Revenue beat(2)0
Avg Revenue beat(2)-6.91%
Min Revenue beat(2)-11.38%
Max Revenue beat(2)-2.44%
Revenue beat(4)1
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-11.38%
Max Revenue beat(4)16.3%
Revenue beat(8)2
Avg Revenue beat(8)-2.69%
Revenue beat(12)5
Avg Revenue beat(12)7.53%
Revenue beat(16)9
Avg Revenue beat(16)16.06%
PT rev (1m)0%
PT rev (3m)16.24%
EPS NQ rev (1m)-15.04%
EPS NQ rev (3m)2.13%
EPS NY rev (1m)-12.41%
EPS NY rev (3m)-9.83%
Revenue NQ rev (1m)5.83%
Revenue NQ rev (3m)-4.59%
Revenue NY rev (1m)7.34%
Revenue NY rev (3m)4.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.67 | ||
| Fwd PE | 17.95 | ||
| P/S | 4.29 | ||
| P/FCF | 8.18 | ||
| P/OCF | 8.14 | ||
| P/B | 1.21 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 11.21 |
EPS(TTM)0.06
EY1.55%
EPS(NY)0.22
Fwd EY5.57%
FCF(TTM)0.47
FCFY12.23%
OCF(TTM)0.48
OCFY12.29%
SpS0.9
BVpS3.22
TBVpS3.22
PEG (NY)0.25
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.42% | ||
| ROE | 1.9% | ||
| ROCE | 3.45% | ||
| ROIC | 2.56% | ||
| ROICexc | 2.6% | ||
| ROICexgc | 2.6% | ||
| OM | 16.19% | ||
| PM (TTM) | 6.78% | ||
| GM | 91.44% | ||
| FCFM | 52.49% |
ROA(3y)7.72%
ROA(5y)-1.22%
ROE(3y)10.71%
ROE(5y)-2.76%
ROIC(3y)9.06%
ROIC(5y)N/A
ROICexc(3y)9.25%
ROICexc(5y)N/A
ROICexgc(3y)9.25%
ROICexgc(5y)N/A
ROCE(3y)12.22%
ROCE(5y)N/A
ROICexcg growth 3Y-30.3%
ROICexcg growth 5YN/A
ROICexc growth 3Y-30.3%
ROICexc growth 5YN/A
OM growth 3Y-15.61%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.94%
GM growth 5Y7.11%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 0.91% | ||
| Cap/Sales | 0.26% | ||
| Interest Coverage | 2.13 | ||
| Cash Conversion | 119.28% | ||
| Profit Quality | 774.81% | ||
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.95 | ||
| Altman-Z | 3.06 |
F-Score6
WACC10.57%
ROIC/WACC0.24
Cap/Depr(3y)4.1%
Cap/Depr(5y)5.06%
Cap/Sales(3y)0.64%
Cap/Sales(5y)1.1%
Profit Quality(3y)375.76%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.43%
EPS 3YN/A
EPS 5Y-51.21%
EPS Q2Q%-100%
EPS Next Y260.23%
EPS Next 2Y119.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.86%
Revenue growth 3Y-3.53%
Revenue growth 5Y-3.5%
Sales Q2Q%-31.91%
Revenue Next Year38.18%
Revenue Next 2Y15.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-44.02%
EBIT growth 3Y-18.59%
EBIT growth 5YN/A
EBIT Next Year432.32%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-24.55%
FCF growth 3Y77.65%
FCF growth 5Y0.58%
OCF growth 1Y-25.21%
OCF growth 3Y66.14%
OCF growth 5Y-2.96%