VITESSE ENERGY INC (VTS) Stock Fundamental Analysis
NYSE:VTS - New York Stock Exchange, Inc. - US92852X1037 - Common Stock - Currency: USD
VTS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. VTS has a medium profitability rating, but doesn't score so well on its financial health evaluation. VTS has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
VTS had positive earnings in the past year.
In the past year VTS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: VTS reported negative net income in multiple years.
In the past 5 years VTS always reported a positive cash flow from operatings.
1.2 Ratios
VTS has a Return On Assets (2.66%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 3.88%, VTS is in line with its industry, outperforming 42.86% of the companies in the same industry.
VTS's Return On Invested Capital of 2.99% is on the low side compared to the rest of the industry. VTS is outperformed by 67.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VTS is significantly below the industry average of 23.80%.
The last Return On Invested Capital (2.99%) for VTS is well below the 3 year average (9.31%), which needs to be investigated, but indicates that VTS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 3.88% | ||
| ROIC | 2.99% |
ROA(3y)5.93%
ROA(5y)3.86%
ROE(3y)7.05%
ROE(5y)4.6%
ROIC(3y)9.31%
ROIC(5y)N/A
1.3 Margins
VTS has a Profit Margin of 10.49%. This is comparable to the rest of the industry: VTS outperforms 57.14% of its industry peers.
VTS's Profit Margin has declined in the last couple of years.
VTS's Operating Margin of 13.47% is in line compared to the rest of the industry. VTS outperforms 44.76% of its industry peers.
VTS's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 71.20%, VTS belongs to the top of the industry, outperforming 81.90% of the companies in the same industry.
In the last couple of years the Gross Margin of VTS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.47% | ||
| PM (TTM) | 10.49% | ||
| GM | 71.2% |
OM growth 3Y-16.52%
OM growth 5Y-4.69%
PM growth 3Y-3.82%
PM growth 5Y-16.11%
GM growth 3Y1.44%
GM growth 5Y1.64%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VTS is destroying value.
VTS has less shares outstanding than it did 1 year ago.
VTS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.12 indicates that VTS 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 2.12, VTS is in the better half of the industry, outperforming 69.52% of the companies in the same industry.
VTS has a debt to FCF ratio of 5.97. This is a neutral value as VTS would need 5.97 years to pay back of all of its debts.
The Debt to FCF ratio of VTS (5.97) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.18 indicates that VTS is not too dependend on debt financing.
VTS has a Debt to Equity ratio of 0.18. This is in the better half of the industry: VTS outperforms 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.32
WACC9.46%
2.3 Liquidity
VTS has a Current Ratio of 0.73. This is a bad value and indicates that VTS is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.73, VTS is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
VTS has a Quick Ratio of 0.73. This is a bad value and indicates that VTS is not financially healthy enough and could expect problems in meeting its short term obligations.
VTS has a worse Quick ratio (0.73) than 67.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
VTS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.34%.
VTS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.85% yearly.
The Revenue has been growing slightly by 4.15% in the past year.
The Revenue has been growing slightly by 7.15% on average over the past years.
EPS 1Y (TTM)-37.34%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-32.35%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%8.13%
3.2 Future
Based on estimates for the next years, VTS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.08% on average per year.
Based on estimates for the next years, VTS will show a small growth in Revenue. The Revenue will grow by 0.15% on average per year.
EPS Next Y-69.7%
EPS Next 2Y-11.66%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue Next Year8.28%
Revenue Next 2Y2.08%
Revenue Next 3Y0.15%
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 accelerating.
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 23.68, which indicates a rather expensive current valuation of VTS.
Compared to the rest of the industry, the Price/Earnings ratio of VTS is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.52, VTS is valued at the same level.
Based on the Price/Forward Earnings ratio of 27.30, the valuation of VTS can be described as expensive.
VTS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VTS is more expensive than 63.81% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VTS to the average of the S&P500 Index (35.58), we can say VTS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.68 | ||
| Fwd PE | 27.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VTS is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as VTS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.2 | ||
| EV/EBITDA | 7.53 |
4.3 Compensation for Growth
VTS's earnings are expected to grow with 15.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.66%
EPS Next 3Y15.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.08%, VTS is a good candidate for dividend investing.
VTS's Dividend Yield is rather good when compared to the industry average which is at 6.41. VTS pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, VTS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.08% |
5.2 History
VTS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VTS pays out 282.84% of its income as dividend. This is not a sustainable payout ratio.
DP282.84%
EPS Next 2Y-11.66%
EPS Next 3Y15.08%
23.44
-0.3 (-1.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners44.38%
Inst Owner Change0%
Ins Owners17.08%
Ins Owner Change-8.76%
Market Cap905.02M
Analysts77.78
Price Target26.11 (11.39%)
Short Float %7.69%
Short Ratio6.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.08% |
Yearly Dividend1.94
Dividend Growth(5Y)N/A
DP282.84%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)89.65%
Min EPS beat(2)11.39%
Max EPS beat(2)167.91%
EPS beat(4)2
Avg EPS beat(4)33.67%
Min EPS beat(4)-38.7%
Max EPS beat(4)167.91%
EPS beat(8)3
Avg EPS beat(8)13.35%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.6%
Min Revenue beat(2)-5.9%
Max Revenue beat(2)0.7%
Revenue beat(4)2
Avg Revenue beat(4)-2.26%
Min Revenue beat(4)-5.9%
Max Revenue beat(4)1.87%
Revenue beat(8)5
Avg Revenue beat(8)-1.23%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.79%
PT rev (3m)-11.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-67.74%
EPS NY rev (1m)-29.79%
EPS NY rev (3m)-65.25%
Revenue NQ rev (1m)1.92%
Revenue NQ rev (3m)-7.89%
Revenue NY rev (1m)-7.82%
Revenue NY rev (3m)-11.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.68 | ||
| Fwd PE | 27.3 | ||
| P/S | 3.66 | ||
| P/FCF | 46.2 | ||
| P/OCF | 6.8 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 7.53 |
EPS(TTM)0.99
EY4.22%
EPS(NY)0.86
Fwd EY3.66%
FCF(TTM)0.51
FCFY2.16%
OCF(TTM)3.45
OCFY14.7%
SpS6.4
BVpS17.29
TBVpS17.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 3.88% | ||
| ROCE | 3.79% | ||
| ROIC | 2.99% | ||
| ROICexc | 3.01% | ||
| ROICexgc | 3.01% | ||
| OM | 13.47% | ||
| PM (TTM) | 10.49% | ||
| GM | 71.2% | ||
| FCFM | 7.93% |
ROA(3y)5.93%
ROA(5y)3.86%
ROE(3y)7.05%
ROE(5y)4.6%
ROIC(3y)9.31%
ROIC(5y)N/A
ROICexc(3y)9.43%
ROICexc(5y)N/A
ROICexgc(3y)9.43%
ROICexgc(5y)N/A
ROCE(3y)11.79%
ROCE(5y)N/A
ROICexcg growth 3Y-14.63%
ROICexcg growth 5YN/A
ROICexc growth 3Y-14.63%
ROICexc growth 5YN/A
OM growth 3Y-16.52%
OM growth 5Y-4.69%
PM growth 3Y-3.82%
PM growth 5Y-16.11%
GM growth 3Y1.44%
GM growth 5Y1.64%
F-Score4
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 0.86 | ||
| Cap/Depr | 109.83% | ||
| Cap/Sales | 45.95% | ||
| Interest Coverage | 3.36 | ||
| Cash Conversion | 97.42% | ||
| Profit Quality | 75.6% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 2.12 |
F-Score4
WACC9.46%
ROIC/WACC0.32
Cap/Depr(3y)131.76%
Cap/Depr(5y)117.59%
Cap/Sales(3y)42.48%
Cap/Sales(5y)44.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-37.34%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-32.35%
EPS Next Y-69.7%
EPS Next 2Y-11.66%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%8.13%
Revenue Next Year8.28%
Revenue Next 2Y2.08%
Revenue Next 3Y0.15%
Revenue Next 5YN/A
EBIT growth 1Y-46%
EBIT growth 3Y-8.74%
EBIT growth 5Y2.13%
EBIT Next Year254.7%
EBIT Next 3Y46.15%
EBIT Next 5YN/A
FCF growth 1Y86.51%
FCF growth 3Y-3.13%
FCF growth 5YN/A
OCF growth 1Y9.2%
OCF growth 3Y21.24%
OCF growth 5Y8.9%