PROPETRO HOLDING CORP (PUMP) Stock Fundamental Analysis
NYSE:PUMP - New York Stock Exchange, Inc. - US74347M1080 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to PUMP. PUMP was compared to 59 industry peers in the Energy Equipment & Services industry. PUMP scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. PUMP is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PUMP was profitable.
PUMP had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PUMP reported negative net income in multiple years.
Each year in the past 5 years PUMP had a positive operating cash flow.
1.2 Ratios
PUMP's Return On Assets of -11.27% is on the low side compared to the rest of the industry. PUMP is outperformed by 87.93% of its industry peers.
With a Return On Equity value of -16.89%, PUMP is not doing good in the industry: 82.76% of the companies in the same industry are doing better.
PUMP has a Return On Invested Capital of 4.21%. This is in the lower half of the industry: PUMP underperforms 65.52% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PUMP is in line with the industry average of 8.19%.
The last Return On Invested Capital (4.21%) for PUMP is well below the 3 year average (9.31%), which needs to be investigated, but indicates that PUMP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.27% | ||
| ROE | -16.89% | ||
| ROIC | 4.21% |
ROA(3y)-1.78%
ROA(5y)-4.12%
ROE(3y)-2.7%
ROE(5y)-5.39%
ROIC(3y)9.31%
ROIC(5y)N/A
1.3 Margins
PUMP has a worse Operating Margin (3.93%) than 75.86% of its industry peers.
PUMP's Operating Margin has declined in the last couple of years.
PUMP has a Gross Margin (26.23%) which is in line with its industry peers.
In the last couple of years the Gross Margin of PUMP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.93% | ||
| PM (TTM) | N/A | ||
| GM | 26.23% |
OM growth 3YN/A
OM growth 5Y-24.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.62%
GM growth 5Y-1.55%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PUMP is creating some value.
The number of shares outstanding for PUMP has been reduced compared to 1 year ago.
Compared to 5 years ago, PUMP has more shares outstanding
The debt/assets ratio for PUMP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.70 indicates that PUMP is not a great score, but indicates only limited risk for bankruptcy at the moment.
PUMP has a Altman-Z score of 2.70. This is in the better half of the industry: PUMP outperforms 74.14% of its industry peers.
PUMP has a debt to FCF ratio of 0.69. This is a very positive value and a sign of high solvency as it would only need 0.69 years to pay back of all of its debts.
PUMP's Debt to FCF ratio of 0.69 is amongst the best of the industry. PUMP outperforms 89.66% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that PUMP is not too dependend on debt financing.
The Debt to Equity ratio of PUMP (0.07) is better than 81.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.69 | ||
| Altman-Z | 2.7 |
ROIC/WACC0.45
WACC9.29%
2.3 Liquidity
A Current Ratio of 1.31 indicates that PUMP should not have too much problems paying its short term obligations.
PUMP's Current ratio of 1.31 is on the low side compared to the rest of the industry. PUMP is outperformed by 81.03% of its industry peers.
PUMP has a Quick Ratio of 1.24. This is a normal value and indicates that PUMP is financially healthy and should not expect problems in meeting its short term obligations.
PUMP has a Quick ratio of 1.24. This is in the lower half of the industry: PUMP underperforms 67.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The earnings per share for PUMP have decreased strongly by -67.07% in the last year.
The earnings per share for PUMP have been decreasing by -29.68% on average. This is quite bad
Looking at the last year, PUMP shows a very negative growth in Revenue. The Revenue has decreased by -11.41% in the last year.
PUMP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.79% yearly.
EPS 1Y (TTM)-67.07%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%87.5%
Revenue 1Y (TTM)-11.41%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-7.83%
3.2 Future
The Earnings Per Share is expected to grow by 52.02% on average over the next years. This is a very strong growth
Based on estimates for the next years, PUMP will show a small growth in Revenue. The Revenue will grow by 4.67% on average per year.
EPS Next Y-0.87%
EPS Next 2Y39.92%
EPS Next 3Y52.02%
EPS Next 5YN/A
Revenue Next Year-1.9%
Revenue Next 2Y2.45%
Revenue Next 3Y4.67%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.70, the valuation of PUMP can be described as expensive.
PUMP's Price/Earnings ratio is a bit more expensive when compared to the industry. PUMP is more expensive than 63.79% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.63. PUMP is around the same levels.
The Price/Forward Earnings ratio is 34.00, which means the current valuation is very expensive for PUMP.
Based on the Price/Forward Earnings ratio, PUMP is valued a bit more expensive than 77.59% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, PUMP is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.7 | ||
| Fwd PE | 34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PUMP is valued cheaply inside the industry as 87.93% of the companies are valued more expensively.
PUMP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PUMP is cheaper than 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.36 | ||
| EV/EBITDA | 3.53 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PUMP's earnings are expected to grow with 52.02% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.92%
EPS Next 3Y52.02%
5. Dividend
5.1 Amount
No dividends for PUMP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.1
+0.07 (+0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners85.25%
Inst Owner Change-94.38%
Ins Owners1.11%
Ins Owner Change10.99%
Market Cap936.66M
Analysts76
Price Target11.22 (23.3%)
Short Float %13.3%
Short Ratio5.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/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)102.46%
Min EPS beat(2)-11.41%
Max EPS beat(2)216.33%
EPS beat(4)2
Avg EPS beat(4)73.82%
Min EPS beat(4)-135.77%
Max EPS beat(4)226.13%
EPS beat(8)3
Avg EPS beat(8)6.54%
EPS beat(12)4
Avg EPS beat(12)-0.57%
EPS beat(16)4
Avg EPS beat(16)-205.94%
Revenue beat(2)0
Avg Revenue beat(2)-2.67%
Min Revenue beat(2)-3%
Max Revenue beat(2)-2.33%
Revenue beat(4)1
Avg Revenue beat(4)-2.1%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)1.47%
Revenue beat(8)3
Avg Revenue beat(8)-1.89%
Revenue beat(12)4
Avg Revenue beat(12)-1.59%
Revenue beat(16)6
Avg Revenue beat(16)-0.96%
PT rev (1m)2.92%
PT rev (3m)1.32%
EPS NQ rev (1m)24.64%
EPS NQ rev (3m)-14.11%
EPS NY rev (1m)-20.48%
EPS NY rev (3m)-25.81%
Revenue NQ rev (1m)-0.55%
Revenue NQ rev (3m)-14.52%
Revenue NY rev (1m)-0.76%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.7 | ||
| Fwd PE | 34 | ||
| P/S | 0.65 | ||
| P/FCF | 8.36 | ||
| P/OCF | 3.71 | ||
| P/B | 1.15 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 3.53 |
EPS(TTM)0.27
EY2.97%
EPS(NY)0.27
Fwd EY2.94%
FCF(TTM)1.09
FCFY11.96%
OCF(TTM)2.45
OCFY26.94%
SpS14.03
BVpS7.93
TBVpS7.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.27% | ||
| ROE | -16.89% | ||
| ROCE | 5.67% | ||
| ROIC | 4.21% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.8% | ||
| OM | 3.93% | ||
| PM (TTM) | N/A | ||
| GM | 26.23% | ||
| FCFM | 7.75% |
ROA(3y)-1.78%
ROA(5y)-4.12%
ROE(3y)-2.7%
ROE(5y)-5.39%
ROIC(3y)9.31%
ROIC(5y)N/A
ROICexc(3y)9.93%
ROICexc(5y)N/A
ROICexgc(3y)10.71%
ROICexgc(5y)N/A
ROCE(3y)12.55%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-26.65%
ROICexc growth 3YN/A
ROICexc growth 5Y-27.57%
OM growth 3YN/A
OM growth 5Y-24.01%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.62%
GM growth 5Y-1.55%
F-Score6
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.69 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 66.26% | ||
| Cap/Sales | 9.71% | ||
| Interest Coverage | 7.78 | ||
| Cash Conversion | 93.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 2.7 |
F-Score6
WACC9.29%
ROIC/WACC0.45
Cap/Depr(3y)173.62%
Cap/Depr(5y)138.81%
Cap/Sales(3y)19.15%
Cap/Sales(5y)17.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-67.07%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%87.5%
EPS Next Y-0.87%
EPS Next 2Y39.92%
EPS Next 3Y52.02%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.41%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-7.83%
Revenue Next Year-1.9%
Revenue Next 2Y2.45%
Revenue Next 3Y4.67%
Revenue Next 5YN/A
EBIT growth 1Y-72.09%
EBIT growth 3YN/A
EBIT growth 5Y-29.17%
EBIT Next Year480.75%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2791.76%
FCF growth 3Y115.44%
FCF growth 5YN/A
OCF growth 1Y-32.67%
OCF growth 3Y17.71%
OCF growth 5Y-11.14%