TEXAS PACIFIC LAND CORP (TPL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TPL - US88262P1021 - Common Stock
908.4 USD
+9.54 (+1.06%)
908.4 USD
0 (0%)
Taking everything into account, TPL scores 7 out of 10 in our fundamental rating. TPL was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. TPL gets an excellent profitability rating and is at the same time showing great financial health properties. TPL is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, TPL could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year TPL was profitable.
In the past year TPL had a positive cash flow from operations.
In the past 5 years TPL has always been profitable.
TPL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 31.24%, TPL belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
The Return On Equity of TPL (34.82%) is better than 93.81% of its industry peers.
With an excellent Return On Invested Capital value of 31.87%, TPL belongs to the best of the industry, outperforming 97.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TPL is significantly above the industry average of 21.09%.
The last Return On Invested Capital (31.87%) for TPL is well below the 3 year average (40.76%), which needs to be investigated, but indicates that TPL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.24% | ||
| ROE | 34.82% | ||
| ROIC | 31.87% |
ROA(3y)40.77%
ROA(5y)37.69%
ROE(3y)45.57%
ROE(5y)42.89%
ROIC(3y)40.76%
ROIC(5y)38.64%
1.3 Margins
TPL has a better Profit Margin (61.68%) than 95.24% of its industry peers.
TPL's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 75.80%, TPL belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
In the last couple of years the Operating Margin of TPL has remained more or less at the same level.
TPL has a Gross Margin of 94.13%. This is amongst the best in the industry. TPL outperforms 98.10% of its industry peers.
In the last couple of years the Gross Margin of TPL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.8% | ||
| PM (TTM) | 61.68% | ||
| GM | 94.13% |
OM growth 3Y-1.68%
OM growth 5Y-1.28%
PM growth 3Y2.42%
PM growth 5Y-0.21%
GM growth 3Y-1.25%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TPL is creating value.
TPL has about the same amout of shares outstanding than it did 1 year ago.
TPL has less shares outstanding than it did 5 years ago.
There is no outstanding debt for TPL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
TPL has an Altman-Z score of 82.64. This indicates that TPL is financially healthy and has little risk of bankruptcy at the moment.
TPL has a better Altman-Z score (82.64) than 99.05% of its industry peers.
TPL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 82.64 |
ROIC/WACC3.62
WACC8.8%
2.3 Liquidity
TPL has a Current Ratio of 8.70. This indicates that TPL is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.70, TPL belongs to the top of the industry, outperforming 93.81% of the companies in the same industry.
TPL has a Quick Ratio of 8.70. This indicates that TPL is financially healthy and has no problem in meeting its short term obligations.
TPL's Quick ratio of 8.70 is amongst the best of the industry. TPL outperforms 94.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.7 | ||
| Quick Ratio | 8.7 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.21% over the past year.
TPL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.56% yearly.
Looking at the last year, TPL shows a quite strong growth in Revenue. The Revenue has grown by 12.48% in the last year.
The Revenue has been growing slightly by 7.55% on average over the past years.
EPS 1Y (TTM)6.21%
EPS 3Y19.3%
EPS 5Y7.56%
EPS Q2Q%13.82%
Revenue 1Y (TTM)12.48%
Revenue growth 3Y16.11%
Revenue growth 5Y7.55%
Sales Q2Q%17.01%
3.2 Future
TPL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.21% yearly.
The Revenue is expected to grow by 12.36% on average over the next years. This is quite good.
EPS Next Y8.25%
EPS Next 2Y13.81%
EPS Next 3Y7.21%
EPS Next 5YN/A
Revenue Next Year7.07%
Revenue Next 2Y13.96%
Revenue Next 3Y12.36%
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 stable.
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
TPL is valuated quite expensively with a Price/Earnings ratio of 43.88.
TPL's Price/Earnings ratio is a bit more expensive when compared to the industry. TPL is more expensive than 64.29% of the companies in the same industry.
When comparing the Price/Earnings ratio of TPL to the average of the S&P500 Index (26.61), we can say TPL is valued expensively.
Based on the Price/Forward Earnings ratio of 35.56, the valuation of TPL can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TPL indicates a slightly more expensive valuation: TPL is more expensive than 60.48% of the companies listed in the same industry.
TPL is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.88 | ||
| Fwd PE | 35.56 |
4.2 Price Multiples
TPL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. TPL is more expensive than 70.95% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TPL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 104.64 | ||
| EV/EBITDA | 31.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of TPL may justify a higher PE ratio.
PEG (NY)5.32
PEG (5Y)5.81
EPS Next 2Y13.81%
EPS Next 3Y7.21%
5. Dividend
5.1 Amount
TPL has a yearly dividend return of 0.71%, which is pretty low.
Compared to an average industry Dividend Yield of 3.95, TPL is paying slightly less dividend.
With a Dividend Yield of 0.71, TPL pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
5.2 History
The dividend of TPL is nicely growing with an annual growth rate of 49.85%!
TPL has paid a dividend for at least 10 years, which is a reliable track record.
TPL has decreased its dividend recently.
Dividend Growth(5Y)49.85%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
TPL pays out 31.02% of its income as dividend. This is a sustainable payout ratio.
TPL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.02%
EPS Next 2Y13.81%
EPS Next 3Y7.21%
908.4
+9.54 (+1.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners72.43%
Inst Owner Change0%
Ins Owners5.21%
Ins Owner Change0.01%
Market Cap20.88B
Revenue(TTM)772.39M
Net Income(TTM)476.39M
Analysts74.29
Price TargetN/A
Short Float %7.52%
Short Ratio12.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
Yearly Dividend15.11
Dividend Growth(5Y)49.85%
DP31.02%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-41.15%
Min EPS beat(2)-72.72%
Max EPS beat(2)-9.57%
EPS beat(4)0
Avg EPS beat(4)-38.47%
Min EPS beat(4)-72.72%
Max EPS beat(4)-0.97%
EPS beat(8)2
Avg EPS beat(8)-19.64%
EPS beat(12)3
Avg EPS beat(12)-15.18%
EPS beat(16)4
Avg EPS beat(16)-11.72%
Revenue beat(2)0
Avg Revenue beat(2)-6.36%
Min Revenue beat(2)-9.86%
Max Revenue beat(2)-2.86%
Revenue beat(4)1
Avg Revenue beat(4)-2.71%
Min Revenue beat(4)-9.86%
Max Revenue beat(4)4.39%
Revenue beat(8)3
Avg Revenue beat(8)-0.6%
Revenue beat(12)4
Avg Revenue beat(12)-1.72%
Revenue beat(16)6
Avg Revenue beat(16)-0.5%
PT rev (1m)1.37%
PT rev (3m)-13.15%
EPS NQ rev (1m)-1.08%
EPS NQ rev (3m)-72.24%
EPS NY rev (1m)-8.41%
EPS NY rev (3m)-13.27%
Revenue NQ rev (1m)-2.68%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)-8.5%
Revenue NY rev (3m)-8.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.88 | ||
| Fwd PE | 35.56 | ||
| P/S | 27.03 | ||
| P/FCF | 104.64 | ||
| P/OCF | 37.36 | ||
| P/B | 15.26 | ||
| P/tB | 15.64 | ||
| EV/EBITDA | 31.57 |
EPS(TTM)20.7
EY2.28%
EPS(NY)25.54
Fwd EY2.81%
FCF(TTM)8.68
FCFY0.96%
OCF(TTM)24.32
OCFY2.68%
SpS33.61
BVpS59.53
TBVpS58.07
PEG (NY)5.32
PEG (5Y)5.81
Graham Number166.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.24% | ||
| ROE | 34.82% | ||
| ROCE | 40.65% | ||
| ROIC | 31.87% | ||
| ROICexc | 50.53% | ||
| ROICexgc | 53.55% | ||
| OM | 75.8% | ||
| PM (TTM) | 61.68% | ||
| GM | 94.13% | ||
| FCFM | 25.83% |
ROA(3y)40.77%
ROA(5y)37.69%
ROE(3y)45.57%
ROE(5y)42.89%
ROIC(3y)40.76%
ROIC(5y)38.64%
ROICexc(3y)95.15%
ROICexc(5y)89.84%
ROICexgc(3y)98.68%
ROICexgc(5y)92.36%
ROCE(3y)51.99%
ROCE(5y)49.28%
ROICexgc growth 3Y-19.02%
ROICexgc growth 5Y-14.71%
ROICexc growth 3Y-20.28%
ROICexc growth 5Y-15.41%
OM growth 3Y-1.68%
OM growth 5Y-1.28%
PM growth 3Y2.42%
PM growth 5Y-0.21%
GM growth 3Y-1.25%
GM growth 5Y-0.48%
F-Score6
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 690.06% | ||
| Cap/Sales | 46.52% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.65% | ||
| Profit Quality | 41.88% | ||
| Current Ratio | 8.7 | ||
| Quick Ratio | 8.7 | ||
| Altman-Z | 82.64 |
F-Score6
WACC8.8%
ROIC/WACC3.62
Cap/Depr(3y)748.21%
Cap/Depr(5y)504.83%
Cap/Sales(3y)24.41%
Cap/Sales(5y)17.08%
Profit Quality(3y)65.9%
Profit Quality(5y)78.56%
High Growth Momentum
Growth
EPS 1Y (TTM)6.21%
EPS 3Y19.3%
EPS 5Y7.56%
EPS Q2Q%13.82%
EPS Next Y8.25%
EPS Next 2Y13.81%
EPS Next 3Y7.21%
EPS Next 5YN/A
Revenue 1Y (TTM)12.48%
Revenue growth 3Y16.11%
Revenue growth 5Y7.55%
Sales Q2Q%17.01%
Revenue Next Year7.07%
Revenue Next 2Y13.96%
Revenue Next 3Y12.36%
Revenue Next 5YN/A
EBIT growth 1Y10.37%
EBIT growth 3Y14.16%
EBIT growth 5Y6.17%
EBIT Next Year17.13%
EBIT Next 3Y16.27%
EBIT Next 5YN/A
FCF growth 1Y-47.03%
FCF growth 3Y-36.45%
FCF growth 5Y-22.66%
OCF growth 1Y27.19%
OCF growth 3Y22.77%
OCF growth 5Y7.44%
TEXAS PACIFIC LAND CORP / TPL FAQ
What is the fundamental rating for TPL stock?
ChartMill assigns a fundamental rating of 7 / 10 to TPL.
What is the valuation status for TPL stock?
ChartMill assigns a valuation rating of 1 / 10 to TEXAS PACIFIC LAND CORP (TPL). This can be considered as Overvalued.
How profitable is TEXAS PACIFIC LAND CORP (TPL) stock?
TEXAS PACIFIC LAND CORP (TPL) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for TPL stock?
The Price/Earnings (PE) ratio for TEXAS PACIFIC LAND CORP (TPL) is 43.88 and the Price/Book (PB) ratio is 15.26.
Can you provide the expected EPS growth for TPL stock?
The Earnings per Share (EPS) of TEXAS PACIFIC LAND CORP (TPL) is expected to grow by 8.25% in the next year.