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 62 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PUMP was profitable.
PUMP had a positive operating cash flow in the past year.
In multiple years PUMP reported negative net income over the last 5 years.
In the past 5 years PUMP always reported a positive cash flow from operatings.
1.2 Ratios
PUMP has a Return On Assets of -11.27%. This is amonst the worse of the industry: PUMP underperforms 85.48% of its industry peers.
Looking at the Return On Equity, with a value of -16.89%, PUMP is doing worse than 80.65% of the companies in the same industry.
PUMP's Return On Invested Capital of 4.21% is on the low side compared to the rest of the industry. PUMP is outperformed by 70.97% of its industry peers.
PUMP had an Average Return On Invested Capital over the past 3 years of 9.31%. This is in line with the industry average of 8.11%.
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 Operating Margin of 3.93%. This is in the lower half of the industry: PUMP underperforms 77.42% of its industry peers.
PUMP's Operating Margin has declined in the last couple of years.
The Gross Margin of PUMP (26.23%) is comparable to the rest of the industry.
PUMP's Gross Margin has declined in the last couple of years.
| 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
PUMP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
PUMP has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PUMP has been increased compared to 5 years ago.
The debt/assets ratio for PUMP is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.12 indicates that PUMP is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.12, PUMP is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
The Debt to FCF ratio of PUMP is 0.69, which is an excellent value as it means it would take PUMP, only 0.69 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.69, PUMP belongs to the best of the industry, outperforming 88.71% of the companies in the same industry.
PUMP has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
PUMP has a better Debt to Equity ratio (0.07) than 80.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.69 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.46
WACC9.11%
2.3 Liquidity
A Current Ratio of 1.31 indicates that PUMP should not have too much problems paying its short term obligations.
PUMP has a Current ratio of 1.31. This is amonst the worse of the industry: PUMP underperforms 82.26% 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's Quick ratio of 1.24 is on the low side compared to the rest of the industry. PUMP is outperformed by 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
PUMP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -67.07%.
PUMP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -29.68% yearly.
The Revenue for PUMP has decreased by -11.41% in the past year. This is quite bad
Measured over the past years, PUMP shows a decrease in Revenue. The Revenue has been decreasing by -6.79% on average per year.
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
Based on estimates for the next years, PUMP will show a very strong growth in Earnings Per Share. The EPS will grow by 36.91% on average per year.
Based on estimates for the next years, PUMP will show a small growth in Revenue. The Revenue will grow by 5.26% on average per year.
EPS Next Y-2.59%
EPS Next 2Y37.48%
EPS Next 3Y36.91%
EPS Next 5YN/A
Revenue Next Year-1.7%
Revenue Next 2Y4.03%
Revenue Next 3Y5.26%
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.
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
PUMP is valuated rather expensively with a Price/Earnings ratio of 19.26.
Compared to the rest of the industry, the Price/Earnings ratio of PUMP is on the same level as its industry peers.
PUMP is valuated rather cheaply when we compare the Price/Earnings ratio to 28.92, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 19.77, PUMP is valued on the expensive side.
67.74% of the companies in the same industry are cheaper than PUMP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.65. PUMP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.26 | ||
| Fwd PE | 19.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PUMP is valued cheaper than 96.77% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PUMP indicates a rather cheap valuation: PUMP is cheaper than 88.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.82 | ||
| EV/EBITDA | 2.05 |
4.3 Compensation for Growth
PUMP's earnings are expected to grow with 36.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.48%
EPS Next 3Y36.91%
5. Dividend
5.1 Amount
No dividends for PUMP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.2
+0.15 (+2.97%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners85.25%
Inst Owner Change-0.24%
Ins Owners1.11%
Ins Owner Change19.68%
Market Cap539.66M
Analysts77.14
Price Target10.84 (108.46%)
Short Float %11.59%
Short Ratio4.93
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)-3.41%
PT rev (3m)-0.58%
EPS NQ rev (1m)14.29%
EPS NQ rev (3m)-20.66%
EPS NY rev (1m)-1.73%
EPS NY rev (3m)-21.86%
Revenue NQ rev (1m)0.69%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.26 | ||
| Fwd PE | 19.77 | ||
| P/S | 0.37 | ||
| P/FCF | 4.82 | ||
| P/OCF | 2.14 | ||
| P/B | 0.66 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 2.05 |
EPS(TTM)0.27
EY5.19%
EPS(NY)0.26
Fwd EY5.06%
FCF(TTM)1.08
FCFY20.75%
OCF(TTM)2.43
OCFY46.75%
SpS13.92
BVpS7.87
TBVpS7.23
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 | 2.12 |
F-Score6
WACC9.11%
ROIC/WACC0.46
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-2.59%
EPS Next 2Y37.48%
EPS Next 3Y36.91%
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-1.7%
Revenue Next 2Y4.03%
Revenue Next 3Y5.26%
Revenue Next 5YN/A
EBIT growth 1Y-72.09%
EBIT growth 3YN/A
EBIT growth 5Y-29.17%
EBIT Next Year468.43%
EBIT Next 3Y88.43%
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%