SUNCOKE ENERGY INC (SXC) Stock Fundamental Analysis
NYSE:SXC - New York Stock Exchange, Inc. - US86722A1034 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to SXC. SXC was compared to 150 industry peers in the Metals & Mining industry. While SXC has a great profitability rating, there are some minor concerns on its financial health. SXC is valued correctly, but it does not seem to be growing. Finally SXC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
SXC had positive earnings in the past year.
SXC had a positive operating cash flow in the past year.
SXC had positive earnings in each of the past 5 years.
Each year in the past 5 years SXC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SXC (5.75%) is better than 76.76% of its industry peers.
Looking at the Return On Equity, with a value of 14.10%, SXC belongs to the top of the industry, outperforming 85.92% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.56%, SXC is doing good in the industry, outperforming 78.17% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SXC is in line with the industry average of 8.63%.
The last Return On Invested Capital (7.56%) for SXC is above the 3 year average (7.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.75% | ||
| ROE | 14.1% | ||
| ROIC | 7.56% |
ROA(3y)5.1%
ROA(5y)3.64%
ROE(3y)13.55%
ROE(5y)10.03%
ROIC(3y)7.23%
ROIC(5y)6.49%
1.3 Margins
SXC has a Profit Margin of 4.96%. This is in the better half of the industry: SXC outperforms 71.13% of its industry peers.
In the last couple of years the Profit Margin of SXC has grown nicely.
SXC has a Operating Margin of 7.85%. This is in the better half of the industry: SXC outperforms 62.68% of its industry peers.
SXC's Operating Margin has improved in the last couple of years.
The Gross Margin of SXC (17.15%) is comparable to the rest of the industry.
SXC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.85% | ||
| PM (TTM) | 4.96% | ||
| GM | 17.15% |
OM growth 3Y-6.88%
OM growth 5Y4.03%
PM growth 3Y18.46%
PM growth 5YN/A
GM growth 3Y-9.69%
GM growth 5Y-3.84%
2. Health
2.1 Basic Checks
SXC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SXC has more shares outstanding
SXC has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, SXC has about the same debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.24 indicates that SXC 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 2.24, SXC is in line with its industry, outperforming 47.18% of the companies in the same industry.
The Debt to FCF ratio of SXC is 5.13, which is a neutral value as it means it would take SXC, 5.13 years of fcf income to pay off all of its debts.
SXC has a Debt to FCF ratio of 5.13. This is in the better half of the industry: SXC outperforms 67.61% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that SXC is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.72, SXC is not doing good in the industry: 85.21% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 5.13 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.8
WACC9.48%
2.3 Liquidity
A Current Ratio of 2.31 indicates that SXC has no problem at all paying its short term obligations.
The Current ratio of SXC (2.31) is comparable to the rest of the industry.
SXC has a Quick Ratio of 1.43. This is a normal value and indicates that SXC is financially healthy and should not expect problems in meeting its short term obligations.
SXC's Quick ratio of 1.43 is in line compared to the rest of the industry. SXC outperforms 49.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 67.16% over the past year.
Measured over the past years, SXC shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.03% on average per year.
The Revenue has decreased by -6.19% in the past year.
The Revenue has been growing slightly by 3.88% on average over the past years.
EPS 1Y (TTM)67.16%
EPS 3Y7.56%
EPS 5Y31.03%
EPS Q2Q%75%
Revenue 1Y (TTM)-6.19%
Revenue growth 3Y9.95%
Revenue growth 5Y3.88%
Sales Q2Q%-6.65%
3.2 Future
Based on estimates for the next years, SXC will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.45% on average per year.
The Revenue is expected to decrease by -5.94% on average over the next years.
EPS Next Y-35.07%
EPS Next 2Y-19.14%
EPS Next 3Y-11.45%
EPS Next 5YN/A
Revenue Next Year-19.17%
Revenue Next 2Y-8.45%
Revenue Next 3Y-5.94%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.21, the valuation of SXC can be described as very reasonable.
96.48% of the companies in the same industry are more expensive than SXC, based on the Price/Earnings ratio.
SXC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.62.
With a Price/Forward Earnings ratio of 12.65, SXC is valued correctly.
SXC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SXC is cheaper than 73.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, SXC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 12.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SXC is valued cheaper than 94.37% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SXC is valued cheaply inside the industry as 92.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.09 | ||
| EV/EBITDA | 3.98 |
4.3 Compensation for Growth
SXC has a very decent profitability rating, which may justify a higher PE ratio.
SXC's earnings are expected to decrease with -11.45% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-19.14%
EPS Next 3Y-11.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.05%, SXC is a good candidate for dividend investing.
In the last 3 months the price of SXC has falen by -27.67%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
SXC's Dividend Yield is rather good when compared to the industry average which is at 3.16. SXC pays more dividend than 90.85% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, SXC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
5.2 History
On average, the dividend of SXC grows each year by 45.58%, which is quite nice.
SXC has been paying a dividend for over 5 years, so it has already some track record.
SXC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)45.58%
Div Incr Years3
Div Non Decr Years5
5.3 Sustainability
SXC pays out 39.21% of its income as dividend. This is a sustainable payout ratio.
DP39.21%
EPS Next 2Y-19.14%
EPS Next 3Y-11.45%
9.2
-0.31 (-3.26%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners95.11%
Inst Owner Change-95.36%
Ins Owners0.98%
Ins Owner Change0%
Market Cap776.02M
Analysts76.67
Price Target12.24 (33.04%)
Short Float %5.12%
Short Ratio4.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
Yearly Dividend0.45
Dividend Growth(5Y)45.58%
DP39.21%
Div Incr Years3
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.76%
Min EPS beat(2)15.51%
Max EPS beat(2)62.02%
EPS beat(4)4
Avg EPS beat(4)24.64%
Min EPS beat(4)5.92%
Max EPS beat(4)62.02%
EPS beat(8)7
Avg EPS beat(8)11.04%
EPS beat(12)10
Avg EPS beat(12)28.28%
EPS beat(16)13
Avg EPS beat(16)41.89%
Revenue beat(2)2
Avg Revenue beat(2)23.6%
Min Revenue beat(2)18.37%
Max Revenue beat(2)28.83%
Revenue beat(4)4
Avg Revenue beat(4)16.61%
Min Revenue beat(4)5.62%
Max Revenue beat(4)28.83%
Revenue beat(8)8
Avg Revenue beat(8)21.13%
Revenue beat(12)12
Avg Revenue beat(12)20.32%
Revenue beat(16)14
Avg Revenue beat(16)14.89%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)2.94%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)-4.64%
EPS NY rev (3m)-4.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-7.35%
Revenue NY rev (3m)-7.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 12.65 | ||
| P/S | 0.4 | ||
| P/FCF | 8.09 | ||
| P/OCF | 4.6 | ||
| P/B | 1.14 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 3.98 |
EPS(TTM)1.12
EY12.17%
EPS(NY)0.73
Fwd EY7.9%
FCF(TTM)1.14
FCFY12.36%
OCF(TTM)2
OCFY21.75%
SpS22.94
BVpS8.06
TBVpS7.72
PEG (NY)N/A
PEG (5Y)0.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.75% | ||
| ROE | 14.1% | ||
| ROCE | 10.39% | ||
| ROIC | 7.56% | ||
| ROICexc | 8.68% | ||
| ROICexgc | 8.88% | ||
| OM | 7.85% | ||
| PM (TTM) | 4.96% | ||
| GM | 17.15% | ||
| FCFM | 4.96% |
ROA(3y)5.1%
ROA(5y)3.64%
ROE(3y)13.55%
ROE(5y)10.03%
ROIC(3y)7.23%
ROIC(5y)6.49%
ROICexc(3y)8.01%
ROICexc(5y)7.05%
ROICexgc(3y)8.21%
ROICexgc(5y)7.23%
ROCE(3y)9.95%
ROCE(5y)8.93%
ROICexcg growth 3Y4.82%
ROICexcg growth 5Y11.02%
ROICexc growth 3Y4.92%
ROICexc growth 5Y11.09%
OM growth 3Y-6.88%
OM growth 5Y4.03%
PM growth 3Y18.46%
PM growth 5YN/A
GM growth 3Y-9.69%
GM growth 5Y-3.84%
F-Score7
Asset Turnover1.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 5.13 | ||
| Debt/EBITDA | 1.82 | ||
| Cap/Depr | 61.31% | ||
| Cap/Sales | 3.77% | ||
| Interest Coverage | 6.23 | ||
| Cash Conversion | 62.33% | ||
| Profit Quality | 100% | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 2.24 |
F-Score7
WACC9.48%
ROIC/WACC0.8
Cap/Depr(3y)63.59%
Cap/Depr(5y)63.94%
Cap/Sales(3y)4.3%
Cap/Sales(5y)5.04%
Profit Quality(3y)158.53%
Profit Quality(5y)610.62%
High Growth Momentum
Growth
EPS 1Y (TTM)67.16%
EPS 3Y7.56%
EPS 5Y31.03%
EPS Q2Q%75%
EPS Next Y-35.07%
EPS Next 2Y-19.14%
EPS Next 3Y-11.45%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.19%
Revenue growth 3Y9.95%
Revenue growth 5Y3.88%
Sales Q2Q%-6.65%
Revenue Next Year-19.17%
Revenue Next 2Y-8.45%
Revenue Next 3Y-5.94%
Revenue Next 5YN/A
EBIT growth 1Y21.42%
EBIT growth 3Y2.39%
EBIT growth 5Y8.06%
EBIT Next Year51.2%
EBIT Next 3Y16.22%
EBIT Next 5YN/A
FCF growth 1Y-31.4%
FCF growth 3Y-10.66%
FCF growth 5Y5.96%
OCF growth 1Y-32.21%
OCF growth 3Y-10.2%
OCF growth 5Y-1.48%