RANGER ENERGY SERVICES-CL A (RNGR) Stock Fundamental Analysis
NYSE:RNGR - New York Stock Exchange, Inc. - US75282U1043 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to RNGR. RNGR was compared to 63 industry peers in the Energy Equipment & Services industry. RNGR has an excellent financial health rating, but there are some minor concerns on its profitability. RNGR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
RNGR had positive earnings in the past year.
In the past year RNGR had a positive cash flow from operations.
Of the past 5 years RNGR 4 years were profitable.
Of the past 5 years RNGR 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.26%, RNGR is in line with its industry, outperforming 58.73% of the companies in the same industry.
RNGR has a Return On Equity (7.26%) which is comparable to the rest of the industry.
RNGR's Return On Invested Capital of 7.11% is in line compared to the rest of the industry. RNGR outperforms 52.38% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RNGR is in line with the industry average of 8.44%.
The last Return On Invested Capital (7.11%) for RNGR is above the 3 year average (6.50%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 7.26% | ||
| ROIC | 7.11% |
ROA(3y)5.03%
ROA(5y)2.6%
ROE(3y)7.05%
ROE(5y)2.9%
ROIC(3y)6.5%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 3.48%, RNGR is not doing good in the industry: 63.49% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of RNGR has grown nicely.
Looking at the Operating Margin, with a value of 5.32%, RNGR is doing worse than 69.84% of the companies in the same industry.
RNGR's Operating Margin has improved in the last couple of years.
RNGR has a worse Gross Margin (17.91%) than 76.19% of its industry peers.
RNGR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.32% | ||
| PM (TTM) | 3.48% | ||
| GM | 17.91% |
OM growth 3YN/A
OM growth 5Y4.66%
PM growth 3Y3.17%
PM growth 5Y43.24%
GM growth 3Y19.18%
GM growth 5Y-4.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RNGR is destroying value.
RNGR has less shares outstanding than it did 1 year ago.
RNGR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RNGR has a worse debt to assets ratio.
2.2 Solvency
RNGR has an Altman-Z score of 3.74. This indicates that RNGR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of RNGR (3.74) is better than 85.71% of its industry peers.
The Debt to FCF ratio of RNGR is 0.54, which is an excellent value as it means it would take RNGR, only 0.54 years of fcf income to pay off all of its debts.
RNGR has a better Debt to FCF ratio (0.54) than 88.89% of its industry peers.
RNGR has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.07, RNGR is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.54 | ||
| Altman-Z | 3.74 |
ROIC/WACC0.82
WACC8.67%
2.3 Liquidity
RNGR has a Current Ratio of 2.30. This indicates that RNGR is financially healthy and has no problem in meeting its short term obligations.
RNGR has a Current ratio of 2.30. This is in the better half of the industry: RNGR outperforms 73.02% of its industry peers.
RNGR has a Quick Ratio of 2.21. This indicates that RNGR is financially healthy and has no problem in meeting its short term obligations.
RNGR has a Quick ratio of 2.21. This is amongst the best in the industry. RNGR outperforms 82.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.3 | ||
| Quick Ratio | 2.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.41% over the past year.
RNGR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.56% yearly.
The Revenue has decreased by -7.56% in the past year.
Measured over the past years, RNGR shows a quite strong growth in Revenue. The Revenue has been growing by 11.13% on average per year.
EPS 1Y (TTM)29.41%
EPS 3Y8.74%
EPS 5Y18.56%
EPS Q2Q%200%
Revenue 1Y (TTM)-7.56%
Revenue growth 3Y24.9%
Revenue growth 5Y11.13%
Sales Q2Q%-1.24%
3.2 Future
RNGR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.39% yearly.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-2.48%
EPS Next 2Y16.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.85 indicates a correct valuation of RNGR.
Based on the Price/Earnings ratio, RNGR is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
RNGR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.21.
With a Price/Forward Earnings ratio of 10.97, the valuation of RNGR can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RNGR indicates a somewhat cheap valuation: RNGR is cheaper than 61.90% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of RNGR to the average of the S&P500 Index (21.70), we can say RNGR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.85 | ||
| Fwd PE | 10.97 |
4.2 Price Multiples
84.13% of the companies in the same industry are more expensive than RNGR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RNGR is valued cheaper than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.68 | ||
| EV/EBITDA | 3.45 |
4.3 Compensation for Growth
A more expensive valuation may be justified as RNGR's earnings are expected to grow with 16.39% in the coming years.
PEG (NY)N/A
PEG (5Y)0.75
EPS Next 2Y16.39%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RNGR has a Yearly Dividend Yield of 1.80%.
Compared to an average industry Dividend Yield of 3.70, RNGR pays a bit more dividend than its industry peers.
RNGR's Dividend Yield is slightly below the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
RNGR has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
29.29% of the earnings are spent on dividend by RNGR. This is a low number and sustainable payout ratio.
DP29.29%
EPS Next 2Y16.39%
EPS Next 3YN/A
12.19
+0.25 (+2.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners59.72%
Inst Owner Change3.33%
Ins Owners2.31%
Ins Owner Change-1.14%
Market Cap274.27M
Analysts80
Price Target15.56 (27.65%)
Short Float %1.41%
Short Ratio1.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP29.29%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.06%
Min EPS beat(2)-78.13%
Max EPS beat(2)26.01%
EPS beat(4)3
Avg EPS beat(4)9.03%
Min EPS beat(4)-78.13%
Max EPS beat(4)54.8%
EPS beat(8)3
Avg EPS beat(8)-30.42%
EPS beat(12)4
Avg EPS beat(12)-30.29%
EPS beat(16)4
Avg EPS beat(16)-138.33%
Revenue beat(2)0
Avg Revenue beat(2)-7.49%
Min Revenue beat(2)-13.37%
Max Revenue beat(2)-1.62%
Revenue beat(4)1
Avg Revenue beat(4)-4.23%
Min Revenue beat(4)-13.37%
Max Revenue beat(4)6.46%
Revenue beat(8)1
Avg Revenue beat(8)-4.52%
Revenue beat(12)3
Avg Revenue beat(12)-2.02%
Revenue beat(16)7
Avg Revenue beat(16)0.73%
PT rev (1m)0%
PT rev (3m)-6.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-18.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.85 | ||
| Fwd PE | 10.97 | ||
| P/S | 0.48 | ||
| P/FCF | 5.68 | ||
| P/OCF | 3.3 | ||
| P/B | 1.01 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 3.45 |
EPS(TTM)0.88
EY7.22%
EPS(NY)1.11
Fwd EY9.11%
FCF(TTM)2.15
FCFY17.61%
OCF(TTM)3.69
OCFY30.3%
SpS25.31
BVpS12.12
TBVpS11.88
PEG (NY)N/A
PEG (5Y)0.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 7.26% | ||
| ROCE | 9.64% | ||
| ROIC | 7.11% | ||
| ROICexc | 8.16% | ||
| ROICexgc | 8.33% | ||
| OM | 5.32% | ||
| PM (TTM) | 3.48% | ||
| GM | 17.91% | ||
| FCFM | 8.48% |
ROA(3y)5.03%
ROA(5y)2.6%
ROE(3y)7.05%
ROE(5y)2.9%
ROIC(3y)6.5%
ROIC(5y)N/A
ROICexc(3y)6.98%
ROICexc(5y)N/A
ROICexgc(3y)7.13%
ROICexgc(5y)N/A
ROCE(3y)8.81%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y11.88%
ROICexc growth 3YN/A
ROICexc growth 5Y12.34%
OM growth 3YN/A
OM growth 5Y4.66%
PM growth 3Y3.17%
PM growth 5Y43.24%
GM growth 3Y19.18%
GM growth 5Y-4.73%
F-Score7
Asset Turnover1.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.54 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 80% | ||
| Cap/Sales | 6.11% | ||
| Interest Coverage | 14.43 | ||
| Cash Conversion | 112.6% | ||
| Profit Quality | 243.94% | ||
| Current Ratio | 2.3 | ||
| Quick Ratio | 2.21 | ||
| Altman-Z | 3.74 |
F-Score7
WACC8.67%
ROIC/WACC0.82
Cap/Depr(3y)66.63%
Cap/Depr(5y)47.13%
Cap/Sales(3y)4.66%
Cap/Sales(5y)3.94%
Profit Quality(3y)235.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.41%
EPS 3Y8.74%
EPS 5Y18.56%
EPS Q2Q%200%
EPS Next Y-2.48%
EPS Next 2Y16.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.56%
Revenue growth 3Y24.9%
Revenue growth 5Y11.13%
Sales Q2Q%-1.24%
Revenue Next Year12%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y18.82%
EBIT growth 3YN/A
EBIT growth 5Y16.32%
EBIT Next Year313.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-14.36%
FCF growth 3YN/A
FCF growth 5Y12.72%
OCF growth 1Y12.3%
OCF growth 3YN/A
OCF growth 5Y10.24%