VISTRA CORP (VST) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VST - US92840M1027 - Common Stock
167.17 USD
-8.9 (-5.05%)
167.45 USD
+0.28 (+0.17%)
VST gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of VST while its profitability can be described as average. VST is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VST was profitable.
In the past year VST had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: VST reported negative net income in multiple years.
VST had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.52%, VST belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
VST's Return On Equity of 18.43% is amongst the best of the industry. VST outperforms 90.00% of its industry peers.
VST's Return On Invested Capital of 5.32% is amongst the best of the industry. VST outperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 18.43% | ||
| ROIC | 5.32% |
ROA(3y)2.14%
ROA(5y)0.91%
ROE(3y)13.84%
ROE(5y)6.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VST has a Profit Margin (5.58%) which is in line with its industry peers.
VST's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 12.24%, VST is in line with its industry, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of VST has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.24% | ||
| PM (TTM) | 5.58% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y7.02%
PM growth 3YN/A
PM growth 5Y12.76%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VST is destroying value.
Compared to 1 year ago, VST has less shares outstanding
Compared to 5 years ago, VST has less shares outstanding
VST has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that VST is in the distress zone and has some risk of bankruptcy.
VST's Altman-Z score of 1.72 is amongst the best of the industry. VST outperforms 85.00% of its industry peers.
The Debt to FCF ratio of VST is 44.74, which is on the high side as it means it would take VST, 44.74 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 44.74, VST is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 3.42 is on the high side and indicates that VST has dependencies on debt financing.
VST has a Debt to Equity ratio (3.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.42 | ||
| Debt/FCF | 44.74 | ||
| Altman-Z | 1.72 |
ROIC/WACC0.68
WACC7.81%
2.3 Liquidity
A Current Ratio of 0.99 indicates that VST may have some problems paying its short term obligations.
With a Current ratio value of 0.99, VST perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
A Quick Ratio of 0.88 indicates that VST may have some problems paying its short term obligations.
VST's Quick ratio of 0.88 is in line compared to the rest of the industry. VST outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The earnings per share for VST have decreased strongly by -55.17% in the last year.
Measured over the past years, VST shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.49% on average per year.
The Revenue has been growing slightly by 5.69% in the past year.
The Revenue has been growing slightly by 7.84% on average over the past years.
EPS 1Y (TTM)-55.17%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%-67.59%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%-20.94%
3.2 Future
VST is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.93% yearly.
The Revenue is expected to grow by 7.30% on average over the next years.
EPS Next Y-16.9%
EPS Next 2Y12.81%
EPS Next 3Y14.2%
EPS Next 5Y14.93%
Revenue Next Year16.89%
Revenue Next 2Y14.59%
Revenue Next 3Y11.85%
Revenue Next 5Y7.3%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 67.68 indicates a quite expensive valuation of VST.
Based on the Price/Earnings ratio, VST is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.46, VST is valued quite expensively.
With a Price/Forward Earnings ratio of 18.77, VST is valued on the expensive side.
Based on the Price/Forward Earnings ratio, VST is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.10. VST is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.68 | ||
| Fwd PE | 18.77 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VST.
Based on the Price/Free Cash Flow ratio, VST is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 135.18 | ||
| EV/EBITDA | 15.11 |
4.3 Compensation for Growth
VST's earnings are expected to grow with 14.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)2.22
EPS Next 2Y12.81%
EPS Next 3Y14.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, VST is not a good candidate for dividend investing.
VST's Dividend Yield is a higher than the industry average which is at 3.50.
Compared to an average S&P500 Dividend Yield of 2.32, VST's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
The dividend of VST is nicely growing with an annual growth rate of 22.79%!
VST has been paying a dividend for over 5 years, so it has already some track record.
As VST did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)22.79%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
51.67% of the earnings are spent on dividend by VST. This is a bit on the high side, but may be sustainable.
The dividend of VST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP51.67%
EPS Next 2Y12.81%
EPS Next 3Y14.2%
167.17
-8.9 (-5.05%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners93.08%
Inst Owner Change-0.96%
Ins Owners0.48%
Ins Owner Change0%
Market Cap56.64B
Revenue(TTM)17.19B
Net Income(TTM)960.00M
Analysts81.6
Price Target236 (41.17%)
Short Float %2.11%
Short Ratio1.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend1.38
Dividend Growth(5Y)22.79%
DP51.67%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.06%
Min EPS beat(2)-42.47%
Max EPS beat(2)-17.64%
EPS beat(4)0
Avg EPS beat(4)-87.16%
Min EPS beat(4)-242.54%
Max EPS beat(4)-17.64%
EPS beat(8)1
Avg EPS beat(8)-203.41%
EPS beat(12)3
Avg EPS beat(12)469.5%
EPS beat(16)3
Avg EPS beat(16)267.99%
Revenue beat(2)0
Avg Revenue beat(2)-15.95%
Min Revenue beat(2)-19.33%
Max Revenue beat(2)-12.57%
Revenue beat(4)1
Avg Revenue beat(4)-7.7%
Min Revenue beat(4)-19.33%
Max Revenue beat(4)5.46%
Revenue beat(8)3
Avg Revenue beat(8)-1.74%
Revenue beat(12)4
Avg Revenue beat(12)0.89%
Revenue beat(16)4
Avg Revenue beat(16)-8.22%
PT rev (1m)6.99%
PT rev (3m)14%
EPS NQ rev (1m)-3.71%
EPS NQ rev (3m)32.38%
EPS NY rev (1m)-1.79%
EPS NY rev (3m)-11.33%
Revenue NQ rev (1m)-6.83%
Revenue NQ rev (3m)0.72%
Revenue NY rev (1m)-1.64%
Revenue NY rev (3m)-2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.68 | ||
| Fwd PE | 18.77 | ||
| P/S | 3.29 | ||
| P/FCF | 135.18 | ||
| P/OCF | 14.19 | ||
| P/B | 10.87 | ||
| P/tB | 186.94 | ||
| EV/EBITDA | 15.11 |
EPS(TTM)2.47
EY1.48%
EPS(NY)8.91
Fwd EY5.33%
FCF(TTM)1.24
FCFY0.74%
OCF(TTM)11.78
OCFY7.05%
SpS50.74
BVpS15.38
TBVpS0.89
PEG (NY)N/A
PEG (5Y)2.22
Graham Number29.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.52% | ||
| ROE | 18.43% | ||
| ROCE | 7.11% | ||
| ROIC | 5.32% | ||
| ROICexc | 5.42% | ||
| ROICexgc | 6.47% | ||
| OM | 12.24% | ||
| PM (TTM) | 5.58% | ||
| GM | N/A | ||
| FCFM | 2.44% |
ROA(3y)2.14%
ROA(5y)0.91%
ROE(3y)13.84%
ROE(5y)6.7%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y8.13%
ROICexc growth 3YN/A
ROICexc growth 5Y9.82%
OM growth 3YN/A
OM growth 5Y7.02%
PM growth 3YN/A
PM growth 5Y12.76%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.42 | ||
| Debt/FCF | 44.74 | ||
| Debt/EBITDA | 3.51 | ||
| Cap/Depr | 120.47% | ||
| Cap/Sales | 20.78% | ||
| Interest Coverage | 2.02 | ||
| Cash Conversion | 78.73% | ||
| Profit Quality | 43.65% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 1.72 |
F-Score5
WACC7.81%
ROIC/WACC0.68
Cap/Depr(3y)131.08%
Cap/Depr(5y)111.84%
Cap/Sales(3y)18.91%
Cap/Sales(5y)17.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-55.17%
EPS 3YN/A
EPS 5Y30.49%
EPS Q2Q%-67.59%
EPS Next Y-16.9%
EPS Next 2Y12.81%
EPS Next 3Y14.2%
EPS Next 5Y14.93%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y12.56%
Revenue growth 5Y7.84%
Sales Q2Q%-20.94%
Revenue Next Year16.89%
Revenue Next 2Y14.59%
Revenue Next 3Y11.85%
Revenue Next 5Y7.3%
EBIT growth 1Y-41.29%
EBIT growth 3YN/A
EBIT growth 5Y15.41%
EBIT Next Year65.12%
EBIT Next 3Y27.55%
EBIT Next 5Y20.29%
FCF growth 1Y-79.8%
FCF growth 3YN/A
FCF growth 5Y-5.84%
OCF growth 1Y-19.62%
OCF growth 3YN/A
OCF growth 5Y10.77%
VISTRA CORP / VST FAQ
What is the fundamental rating for VST stock?
ChartMill assigns a fundamental rating of 4 / 10 to VST.
What is the valuation status for VST stock?
ChartMill assigns a valuation rating of 3 / 10 to VISTRA CORP (VST). This can be considered as Overvalued.
How profitable is VISTRA CORP (VST) stock?
VISTRA CORP (VST) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for VST stock?
The Price/Earnings (PE) ratio for VISTRA CORP (VST) is 67.68 and the Price/Book (PB) ratio is 10.87.
Can you provide the financial health for VST stock?
The financial health rating of VISTRA CORP (VST) is 3 / 10.