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SABLE OFFSHORE CORP (SOC) Stock Fundamental Analysis

NYSE:SOC - New York Stock Exchange, Inc. - US78574H1041 - Common Stock - Currency: USD

28.49  -0.9 (-3.06%)

After market: 28.47 -0.02 (-0.07%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to SOC. SOC was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. SOC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SOC has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year SOC has reported negative net income.
In the past year SOC has reported a negative cash flow from operations.
SOC Yearly Net Income VS EBIT VS OCF VS FCFSOC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 -500M -1B

1.2 Ratios

Looking at the Return On Assets, with a value of -43.31%, SOC is doing worse than 98.04% of the companies in the same industry.
Looking at the Return On Equity, with a value of -380.90%, SOC is doing worse than 94.12% of the companies in the same industry.
Industry RankSector Rank
ROA -43.31%
ROE -380.9%
ROIC N/A
ROA(3y)-120.43%
ROA(5y)N/A
ROE(3y)-533.24%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
SOC Yearly ROA, ROE, ROICSOC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 -200 -400 -600 -800 -1K

1.3 Margins

SOC does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
SOC Yearly Profit, Operating, Gross MarginsSOC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023

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2. Health

2.1 Basic Checks

Compared to 1 year ago, SOC has less shares outstanding
The debt/assets ratio for SOC is higher compared to a year ago.
SOC Yearly Shares OutstandingSOC Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 20M 40M 60M
SOC Yearly Total Debt VS Total AssetsSOC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

A Debt/Equity ratio of 4.86 is on the high side and indicates that SOC has dependencies on debt financing.
The Debt to Equity ratio of SOC (4.86) is worse than 92.65% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.86
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
SOC Yearly LT Debt VS Equity VS FCFSOC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

SOC has a Current Ratio of 3.50. This indicates that SOC is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of SOC (3.50) is better than 82.35% of its industry peers.
SOC has a Quick Ratio of 3.34. This indicates that SOC is financially healthy and has no problem in meeting its short term obligations.
SOC has a better Quick ratio (3.34) than 83.82% of its industry peers.
Industry RankSector Rank
Current Ratio 3.5
Quick Ratio 3.34
SOC Yearly Current Assets VS Current LiabilitesSOC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 5M 10M 15M 20M

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3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 93.75% over the past year.
EPS 1Y (TTM)93.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-972.21%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

SOC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 45.99% yearly.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-90.71%
EPS Next 2Y64.13%
EPS Next 3Y45.99%
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
SOC Yearly Revenue VS EstimatesSOC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
SOC Yearly EPS VS EstimatesSOC Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 0 2 -2 -4

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4. Valuation

4.1 Price/Earnings Ratio

SOC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
SOC is valuated correctly with a Price/Forward Earnings ratio of 14.52.
SOC's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of SOC to the average of the S&P500 Index (22.68), we can say SOC is valued slightly cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 14.52
SOC Price Earnings VS Forward Price EarningsSOC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SOC Per share dataSOC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -2 -4 -6 -8

4.3 Compensation for Growth

A more expensive valuation may be justified as SOC's earnings are expected to grow with 45.99% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y64.13%
EPS Next 3Y45.99%

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0

5. Dividend

5.1 Amount

No dividends for SOC!.
Industry RankSector Rank
Dividend Yield N/A

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SABLE OFFSHORE CORP

NYSE:SOC (2/21/2025, 8:04:01 PM)

After market: 28.47 -0.02 (-0.07%)

28.49

-0.9 (-3.06%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-14 2024-11-14/amc
Earnings (Next)03-26 2025-03-26
Inst Owners59.46%
Inst Owner Change-87.35%
Ins Owners24.46%
Ins Owner Change12.33%
Market Cap2.54B
Analysts77.78
Price Target29.38 (3.12%)
Short Float %9.02%
Short Ratio3.98
Dividend
Industry RankSector 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)0
Avg EPS beat(2)-373.09%
Min EPS beat(2)-598.15%
Max EPS beat(2)-148.02%
EPS beat(4)0
Avg EPS beat(4)-467.58%
Min EPS beat(4)-996.44%
Max EPS beat(4)-127.72%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)13.39%
PT rev (3m)10.77%
EPS NQ rev (1m)-242.34%
EPS NQ rev (3m)-242.34%
EPS NY rev (1m)-12.48%
EPS NY rev (3m)-12.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 14.52
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 15.16
P/tB 15.16
EV/EBITDA N/A
EPS(TTM)-8.59
EYN/A
EPS(NY)1.96
Fwd EY6.89%
FCF(TTM)-1.89
FCFYN/A
OCF(TTM)-1.68
OCFYN/A
SpS0
BVpS1.88
TBVpS1.88
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -43.31%
ROE -380.9%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-120.43%
ROA(5y)N/A
ROE(3y)-533.24%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 4.86
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.5
Quick Ratio 3.34
Altman-Z N/A
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)93.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-972.21%
EPS Next Y-90.71%
EPS Next 2Y64.13%
EPS Next 3Y45.99%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-94.77%
EBIT Next 3Y96.76%
EBIT Next 5YN/A
FCF growth 1Y12.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.83%
OCF growth 3YN/A
OCF growth 5YN/A