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 155 industry peers in the Metals & Mining industry. While SXC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SXC is valued correctly, but it does not seem to be growing. 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.
In the past 5 years SXC has always been profitable.
Each year in the past 5 years SXC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.59%, SXC is in the better half of the industry, outperforming 76.77% of the companies in the same industry.
SXC's Return On Equity of 13.61% is amongst the best of the industry. SXC outperforms 84.52% of its industry peers.
The Return On Invested Capital of SXC (7.34%) is better than 72.90% of its industry peers.
SXC had an Average Return On Invested Capital over the past 3 years of 7.23%. This is below the industry average of 11.61%.
The 3 year average ROIC (7.23%) for SXC is below the current ROIC(7.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 13.61% | ||
| ROIC | 7.34% |
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's Profit Margin of 4.95% is fine compared to the rest of the industry. SXC outperforms 71.61% of its industry peers.
In the last couple of years the Profit Margin of SXC has grown nicely.
The Operating Margin of SXC (7.84%) is better than 61.94% of its industry peers.
In the last couple of years the Operating Margin of SXC has grown nicely.
SXC's Gross Margin of 16.97% is in line compared to the rest of the industry. SXC outperforms 49.68% of its industry peers.
In the last couple of years the Gross Margin of SXC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.84% | ||
| PM (TTM) | 4.95% | ||
| GM | 16.97% |
OM growth 3Y-6.88%
OM growth 5Y4.03%
PM growth 3Y18.46%
PM growth 5YN/A
GM growth 3Y-8.98%
GM growth 5Y-3.39%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SXC is destroying value.
SXC has more shares outstanding than it did 1 year ago.
SXC has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for SXC has remained at the same level compared to a year ago.
2.2 Solvency
SXC has an Altman-Z score of 2.19. This is not the best score and indicates that SXC is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.19, SXC perfoms like the industry average, outperforming 45.81% of the companies in the same industry.
SXC has a debt to FCF ratio of 4.03. This is a neutral value as SXC would need 4.03 years to pay back of all of its debts.
SXC has a better Debt to FCF ratio (4.03) than 72.26% of its industry peers.
SXC has a Debt/Equity ratio of 0.72. This is a neutral value indicating SXC is somewhat dependend on debt financing.
SXC has a worse Debt to Equity ratio (0.72) than 83.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.03 | ||
| Altman-Z | 2.19 |
ROIC/WACC0.82
WACC8.93%
2.3 Liquidity
A Current Ratio of 2.40 indicates that SXC has no problem at all paying its short term obligations.
With a Current ratio value of 2.40, SXC perfoms like the industry average, outperforming 54.19% of the companies in the same industry.
A Quick Ratio of 1.39 indicates that SXC should not have too much problems paying its short term obligations.
The Quick ratio of SXC (1.39) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
SXC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.52%, which is quite impressive.
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.
SXC shows a decrease in Revenue. In the last year, the revenue decreased by -8.76%.
Measured over the past years, SXC shows a small growth in Revenue. The Revenue has been growing by 3.88% on average per year.
EPS 1Y (TTM)53.52%
EPS 3Y7.56%
EPS 5Y31.03%
EPS Q2Q%-13.04%
Revenue 1Y (TTM)-8.76%
Revenue growth 3Y9.95%
Revenue growth 5Y3.88%
Sales Q2Q%-10.73%
3.2 Future
SXC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.69% yearly.
Based on estimates for the next years, SXC will show a decrease in Revenue. The Revenue will decrease by -5.86% on average per year.
EPS Next Y-37.33%
EPS Next 2Y-21.98%
EPS Next 3Y-10.69%
EPS Next 5YN/A
Revenue Next Year-17.33%
Revenue Next 2Y-8.63%
Revenue Next 3Y-5.86%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.10, which indicates a very decent valuation of SXC.
Based on the Price/Earnings ratio, SXC is valued cheaper than 98.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, SXC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.95, the valuation of SXC can be described as correct.
Based on the Price/Forward Earnings ratio, SXC is valued a bit cheaper than 69.03% of the companies in the same industry.
SXC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 12.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SXC is valued cheaply inside the industry as 95.48% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SXC is valued cheaper than 96.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.11 | ||
| EV/EBITDA | 3.92 |
4.3 Compensation for Growth
The decent profitability rating of SXC may justify a higher PE ratio.
SXC's earnings are expected to decrease with -10.69% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-21.98%
EPS Next 3Y-10.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.50%, SXC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.90, SXC pays a better dividend. On top of this SXC pays more dividend than 94.19% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, SXC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.5% |
5.2 History
The dividend of SXC is nicely growing with an annual growth rate of 45.58%!
SXC has been paying a dividend for over 5 years, so it has already some track record.
As SXC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)45.58%
Div Incr Years3
Div Non Decr Years5
5.3 Sustainability
SXC pays out 42.38% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.38%
EPS Next 2Y-21.98%
EPS Next 3Y-10.69%
8.83
+0.22 (+2.56%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners96.35%
Inst Owner Change0%
Ins Owners0.87%
Ins Owner Change1.64%
Market Cap747.46M
Analysts76.67
Price Target12.24 (38.62%)
Short Float %3.69%
Short Ratio3.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.5% |
Yearly Dividend0.45
Dividend Growth(5Y)45.58%
DP42.38%
Div Incr Years3
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.33%
Min EPS beat(2)13.15%
Max EPS beat(2)15.51%
EPS beat(4)4
Avg EPS beat(4)26.45%
Min EPS beat(4)13.15%
Max EPS beat(4)62.02%
EPS beat(8)7
Avg EPS beat(8)12.12%
EPS beat(12)10
Avg EPS beat(12)22.52%
EPS beat(16)13
Avg EPS beat(16)36.58%
Revenue beat(2)2
Avg Revenue beat(2)22.5%
Min Revenue beat(2)16.17%
Max Revenue beat(2)28.83%
Revenue beat(4)4
Avg Revenue beat(4)19.25%
Min Revenue beat(4)13.62%
Max Revenue beat(4)28.83%
Revenue beat(8)8
Avg Revenue beat(8)21.29%
Revenue beat(12)12
Avg Revenue beat(12)20.24%
Revenue beat(16)14
Avg Revenue beat(16)14.93%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.41%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 12.95 | ||
| P/S | 0.4 | ||
| P/FCF | 6.11 | ||
| P/OCF | 4.05 | ||
| P/B | 1.09 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 3.92 |
EPS(TTM)1.09
EY12.34%
EPS(NY)0.68
Fwd EY7.72%
FCF(TTM)1.44
FCFY16.36%
OCF(TTM)2.18
OCFY24.7%
SpS22.24
BVpS8.09
TBVpS7.75
PEG (NY)N/A
PEG (5Y)0.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.59% | ||
| ROE | 13.61% | ||
| ROCE | 10.1% | ||
| ROIC | 7.34% | ||
| ROICexc | 8.46% | ||
| ROICexgc | 8.66% | ||
| OM | 7.84% | ||
| PM (TTM) | 4.95% | ||
| GM | 16.97% | ||
| FCFM | 6.49% |
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-8.98%
GM growth 5Y-3.39%
F-Score7
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.03 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 54.46% | ||
| Cap/Sales | 3.31% | ||
| Interest Coverage | 6.05 | ||
| Cash Conversion | 70.46% | ||
| Profit Quality | 131.22% | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 2.19 |
F-Score7
WACC8.93%
ROIC/WACC0.82
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)53.52%
EPS 3Y7.56%
EPS 5Y31.03%
EPS Q2Q%-13.04%
EPS Next Y-37.33%
EPS Next 2Y-21.98%
EPS Next 3Y-10.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.76%
Revenue growth 3Y9.95%
Revenue growth 5Y3.88%
Sales Q2Q%-10.73%
Revenue Next Year-17.33%
Revenue Next 2Y-8.63%
Revenue Next 3Y-5.86%
Revenue Next 5YN/A
EBIT growth 1Y15.4%
EBIT growth 3Y2.39%
EBIT growth 5Y8.06%
EBIT Next Year49.14%
EBIT Next 3Y16.6%
EBIT Next 5YN/A
FCF growth 1Y-6.78%
FCF growth 3Y-10.66%
FCF growth 5Y5.96%
OCF growth 1Y-14.69%
OCF growth 3Y-10.2%
OCF growth 5Y-1.48%