VIPER ENERGY INC-CL A (VNOM) Stock Fundamental Analysis
USA - NASDAQ:VNOM - US64361Q1013 - Common Stock
38.57 USD
-0.42 (-1.08%)
38.57 USD
0 (0%)
VNOM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. VNOM has an excellent profitability rating, but there are some minor concerns on its financial health. VNOM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VNOM was profitable.
VNOM had a positive operating cash flow in the past year.
Of the past 5 years VNOM 4 years were profitable.
VNOM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.79%, VNOM perfoms like the industry average, outperforming 54.76% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.84%, VNOM is in the better half of the industry, outperforming 63.81% of the companies in the same industry.
With a Return On Invested Capital value of 4.71%, VNOM perfoms like the industry average, outperforming 41.90% of the companies in the same industry.
VNOM had an Average Return On Invested Capital over the past 3 years of 13.30%. This is significantly below the industry average of 21.90%.
The last Return On Invested Capital (4.71%) for VNOM is well below the 3 year average (13.30%), which needs to be investigated, but indicates that VNOM had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 10.84% | ||
| ROIC | 4.71% |
ROA(3y)5.77%
ROA(5y)2.28%
ROE(3y)20.97%
ROE(5y)7.95%
ROIC(3y)13.3%
ROIC(5y)10.68%
1.3 Margins
Looking at the Profit Margin, with a value of 37.80%, VNOM belongs to the top of the industry, outperforming 90.95% of the companies in the same industry.
In the last couple of years the Profit Margin of VNOM has grown nicely.
VNOM has a Operating Margin of 59.06%. This is amongst the best in the industry. VNOM outperforms 92.86% of its industry peers.
In the last couple of years the Operating Margin of VNOM has remained more or less at the same level.
VNOM's Gross Margin of 92.93% is amongst the best of the industry. VNOM outperforms 97.14% of its industry peers.
VNOM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 59.06% | ||
| PM (TTM) | 37.8% | ||
| GM | 92.93% |
OM growth 3Y-2.77%
OM growth 5Y0.3%
PM growth 3Y53.76%
PM growth 5Y21.85%
GM growth 3Y-0.23%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so VNOM is still creating some value.
VNOM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
VNOM has an Altman-Z score of 1.54. This is a bad value and indicates that VNOM is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of VNOM (1.54) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.32 indicates that VNOM is not too dependend on debt financing.
The Debt to Equity ratio of VNOM (0.32) is better than 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.54 |
ROIC/WACC0.56
WACC8.45%
2.3 Liquidity
VNOM has a Current Ratio of 6.15. This indicates that VNOM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of VNOM (6.15) is better than 92.86% of its industry peers.
A Quick Ratio of 6.15 indicates that VNOM has no problem at all paying its short term obligations.
VNOM has a Quick ratio of 6.15. This is amongst the best in the industry. VNOM outperforms 93.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.15 | ||
| Quick Ratio | 6.15 |
3. Growth
3.1 Past
VNOM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.21%.
Measured over the past years, VNOM shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.17% on average per year.
VNOM shows a small growth in Revenue. In the last year, the Revenue has grown by 6.55%.
Measured over the past years, VNOM shows a very strong growth in Revenue. The Revenue has been growing by 23.60% on average per year.
EPS 1Y (TTM)-36.21%
EPS 3Y51.83%
EPS 5Y20.17%
EPS Q2Q%-32.79%
Revenue 1Y (TTM)6.55%
Revenue growth 3Y19.44%
Revenue growth 5Y23.6%
Sales Q2Q%37.05%
3.2 Future
Based on estimates for the next years, VNOM will show a small growth in Earnings Per Share. The EPS will grow by 1.25% on average per year.
VNOM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.42% yearly.
EPS Next Y-10.8%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue Next Year60.89%
Revenue Next 2Y49.73%
Revenue Next 3Y35.84%
Revenue Next 5Y23.42%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.85, the valuation of VNOM can be described as rather expensive.
VNOM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.30, VNOM is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 20.92, the valuation of VNOM can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNOM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, VNOM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 20.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VNOM is valued a bit more expensive than the industry average as 65.24% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.36 |
4.3 Compensation for Growth
VNOM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.03
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
5. Dividend
5.1 Amount
VNOM has a Yearly Dividend Yield of 3.39%. Purely for dividend investing, there may be better candidates out there.
VNOM's Dividend Yield is comparable with the industry average which is at 6.18.
Compared to an average S&P500 Dividend Yield of 2.38, VNOM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
The dividend of VNOM is nicely growing with an annual growth rate of 8.80%!
VNOM has been paying a dividend for at least 10 years, so it has a reliable track record.
VNOM has decreased its dividend recently.
Dividend Growth(5Y)8.8%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VNOM pays out 155.68% of its income as dividend. This is not a sustainable payout ratio.
The dividend of VNOM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP155.68%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
38.57
-0.42 (-1.08%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change5.92%
Ins OwnersN/A
Ins Owner Change0.21%
Market Cap12.58B
Analysts83.81
Price Target54.44 (41.15%)
Short Float %8.85%
Short Ratio7.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend2.59
Dividend Growth(5Y)8.8%
DP155.68%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.28%
Min EPS beat(2)12.62%
Max EPS beat(2)21.94%
EPS beat(4)3
Avg EPS beat(4)6.58%
Min EPS beat(4)-9.78%
Max EPS beat(4)21.94%
EPS beat(8)7
Avg EPS beat(8)20.74%
EPS beat(12)10
Avg EPS beat(12)21.77%
EPS beat(16)12
Avg EPS beat(16)19.25%
Revenue beat(2)2
Avg Revenue beat(2)1.32%
Min Revenue beat(2)0.6%
Max Revenue beat(2)2.03%
Revenue beat(4)3
Avg Revenue beat(4)0.3%
Min Revenue beat(4)-2.13%
Max Revenue beat(4)2.03%
Revenue beat(8)5
Avg Revenue beat(8)6.75%
Revenue beat(12)7
Avg Revenue beat(12)5.09%
Revenue beat(16)11
Avg Revenue beat(16)8.78%
PT rev (1m)-1.52%
PT rev (3m)0.08%
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)3.37%
EPS NY rev (1m)7.77%
EPS NY rev (3m)15.51%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)12.65%
Revenue NY rev (1m)3.93%
Revenue NY rev (3m)14.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 20.92 | ||
| P/S | 12.83 | ||
| P/FCF | N/A | ||
| P/OCF | 17.14 | ||
| P/B | 3.68 | ||
| P/tB | 3.68 | ||
| EV/EBITDA | 15.36 |
EPS(TTM)1.85
EY4.8%
EPS(NY)1.84
Fwd EY4.78%
FCF(TTM)-0.74
FCFYN/A
OCF(TTM)2.25
OCFY5.83%
SpS3.01
BVpS10.48
TBVpS10.48
PEG (NY)N/A
PEG (5Y)1.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 10.84% | ||
| ROCE | 5.96% | ||
| ROIC | 4.71% | ||
| ROICexc | 4.72% | ||
| ROICexgc | 4.72% | ||
| OM | 59.06% | ||
| PM (TTM) | 37.8% | ||
| GM | 92.93% | ||
| FCFM | N/A |
ROA(3y)5.77%
ROA(5y)2.28%
ROE(3y)20.97%
ROE(5y)7.95%
ROIC(3y)13.3%
ROIC(5y)10.68%
ROICexc(3y)13.38%
ROICexc(5y)10.76%
ROICexgc(3y)13.38%
ROICexgc(5y)10.76%
ROCE(3y)16.83%
ROCE(5y)13.51%
ROICexcg growth 3Y-2.33%
ROICexcg growth 5Y10.17%
ROICexc growth 3Y-2.33%
ROICexc growth 5Y10.17%
OM growth 3Y-2.77%
OM growth 5Y0.3%
PM growth 3Y53.76%
PM growth 5Y21.85%
GM growth 3Y-0.23%
GM growth 5Y-0.14%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 8.27 | ||
| Cash Conversion | 82.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.15 | ||
| Quick Ratio | 6.15 | ||
| Altman-Z | 1.54 |
F-Score4
WACC8.45%
ROIC/WACC0.56
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)-36.21%
EPS 3Y51.83%
EPS 5Y20.17%
EPS Q2Q%-32.79%
EPS Next Y-10.8%
EPS Next 2Y-4.7%
EPS Next 3Y1.25%
EPS Next 5YN/A
Revenue 1Y (TTM)6.55%
Revenue growth 3Y19.44%
Revenue growth 5Y23.6%
Sales Q2Q%37.05%
Revenue Next Year60.89%
Revenue Next 2Y49.73%
Revenue Next 3Y35.84%
Revenue Next 5Y23.42%
EBIT growth 1Y-14.02%
EBIT growth 3Y16.14%
EBIT growth 5Y23.96%
EBIT Next Year108.44%
EBIT Next 3Y48.42%
EBIT Next 5Y30.56%
FCF growth 1Y-136.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.3%
OCF growth 3Y26.36%
OCF growth 5Y21.22%