PROPETRO HOLDING CORP (PUMP) Stock Fundamental Analysis
NYSE:PUMP - New York Stock Exchange, Inc. - US74347M1080 - Common Stock - Currency: USD
Overall PUMP gets a fundamental rating of 4 out of 10. We evaluated PUMP against 63 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 correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PUMP was profitable.
In the past year PUMP had a positive cash flow from operations.
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 worse Return On Assets (-11.89%) than 85.71% of its industry peers.
PUMP has a worse Return On Equity (-17.93%) than 76.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.87%, PUMP is doing worse than 77.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PUMP is in line with the industry average of 8.44%.
The 3 year average ROIC (9.31%) for PUMP is well above the current ROIC(2.87%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.89% | ||
| ROE | -17.93% | ||
| ROIC | 2.87% |
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 (2.79%) than 77.78% of its industry peers.
PUMP's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 25.55%, PUMP perfoms like the industry average, outperforming 49.21% of the companies in the same industry.
PUMP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.79% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% |
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) below the Cost of Capital (WACC), PUMP is destroying value.
The number of shares outstanding for PUMP has been reduced compared to 1 year ago.
The number of shares outstanding for PUMP has been increased compared to 5 years ago.
Compared to 1 year ago, PUMP has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.25 indicates that PUMP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of PUMP (2.25) is better than 63.49% of its industry peers.
The Debt to FCF ratio of PUMP is 0.85, which is an excellent value as it means it would take PUMP, only 0.85 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.85, PUMP belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that PUMP is not too dependend on debt financing.
PUMP has a better Debt to Equity ratio (0.06) than 82.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.85 | ||
| Altman-Z | 2.25 |
ROIC/WACC0.31
WACC9.39%
2.3 Liquidity
PUMP has a Current Ratio of 1.44. This is a normal value and indicates that PUMP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.44, PUMP is doing worse than 74.60% of the companies in the same industry.
A Quick Ratio of 1.39 indicates that PUMP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.39, PUMP is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The earnings per share for PUMP have decreased strongly by -76.00% in the last year.
Measured over the past years, PUMP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -29.68% on average per year.
PUMP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.32%.
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)-76%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%-50%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-11.44%
3.2 Future
PUMP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.81% yearly.
The Revenue is expected to grow by 4.77% on average over the next years.
EPS Next Y-41.29%
EPS Next 2Y7.82%
EPS Next 3Y30.81%
EPS Next 5YN/A
Revenue Next Year-9.91%
Revenue Next 2Y-0.65%
Revenue Next 3Y4.77%
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.
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
With a Price/Earnings ratio of 36.89, PUMP can be considered very expensive at the moment.
65.08% of the companies in the same industry are cheaper than PUMP, based on the Price/Earnings ratio.
PUMP's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.30.
A Price/Forward Earnings ratio of 21.15 indicates a rather expensive valuation of PUMP.
73.02% of the companies in the same industry are cheaper than PUMP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, PUMP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.89 | ||
| Fwd PE | 21.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PUMP is valued cheaper than 98.41% of the companies in the same industry.
PUMP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PUMP is cheaper than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.07 | ||
| EV/EBITDA | 2.76 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PUMP's earnings are expected to grow with 30.81% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.82%
EPS Next 3Y30.81%
5. Dividend
5.1 Amount
PUMP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.64
+0.47 (+7.62%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners84.96%
Inst Owner Change0%
Ins Owners1.23%
Ins Owner Change21.04%
Market Cap689.96M
Analysts77.33
Price Target9.12 (37.35%)
Short Float %12.31%
Short Ratio5.5
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)26%
Min EPS beat(2)-11.41%
Max EPS beat(2)63.4%
EPS beat(4)2
Avg EPS beat(4)33.14%
Min EPS beat(4)-135.77%
Max EPS beat(4)216.33%
EPS beat(8)4
Avg EPS beat(8)20.24%
EPS beat(12)4
Avg EPS beat(12)-1.88%
EPS beat(16)5
Avg EPS beat(16)-200.3%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)2.56%
Revenue beat(4)1
Avg Revenue beat(4)-1.83%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)2.56%
Revenue beat(8)3
Avg Revenue beat(8)-1.68%
Revenue beat(12)4
Avg Revenue beat(12)-1.49%
Revenue beat(16)7
Avg Revenue beat(16)-0.25%
PT rev (1m)-1.38%
PT rev (3m)-15.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.72%
EPS NY rev (1m)11.6%
EPS NY rev (3m)-40.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.65%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-8.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.89 | ||
| Fwd PE | 21.15 | ||
| P/S | 0.49 | ||
| P/FCF | 8.07 | ||
| P/OCF | 2.97 | ||
| P/B | 0.83 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 2.76 |
EPS(TTM)0.18
EY2.71%
EPS(NY)0.31
Fwd EY4.73%
FCF(TTM)0.82
FCFY12.4%
OCF(TTM)2.23
OCFY33.65%
SpS13.45
BVpS7.95
TBVpS7.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.89% | ||
| ROE | -17.93% | ||
| ROCE | 3.87% | ||
| ROIC | 2.87% | ||
| ROICexc | 3.09% | ||
| ROICexgc | 3.31% | ||
| OM | 2.79% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% | ||
| FCFM | 6.12% |
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 Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.85 | ||
| Debt/EBITDA | 0.21 | ||
| Cap/Depr | 70.42% | ||
| Cap/Sales | 10.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.92% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 2.25 |
F-Score6
WACC9.39%
ROIC/WACC0.31
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)-76%
EPS 3YN/A
EPS 5Y-29.68%
EPS Q2Q%-50%
EPS Next Y-41.29%
EPS Next 2Y7.82%
EPS Next 3Y30.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y18.2%
Revenue growth 5Y-6.79%
Sales Q2Q%-11.44%
Revenue Next Year-9.91%
Revenue Next 2Y-0.65%
Revenue Next 3Y4.77%
Revenue Next 5YN/A
EBIT growth 1Y-77.94%
EBIT growth 3YN/A
EBIT growth 5Y-29.17%
EBIT Next Year421.21%
EBIT Next 3Y88.14%
EBIT Next 5YN/A
FCF growth 1Y490.58%
FCF growth 3Y115.44%
FCF growth 5YN/A
OCF growth 1Y-33.34%
OCF growth 3Y17.71%
OCF growth 5Y-11.14%