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 211 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of VTS while its profitability can be described as average. VTS does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year VTS was profitable.
In the past year VTS had a positive cash flow from operations.
In multiple years VTS reported negative net income over the last 5 years.
Each year in the past 5 years VTS had a positive operating cash flow.
1.2 Ratios
VTS has a Return On Assets (5.83%) which is in line with its industry peers.
VTS has a Return On Equity (8.86%) which is in line with its industry peers.
VTS has a Return On Invested Capital (6.46%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for VTS is significantly below the industry average of 28.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 8.86% | ||
| ROIC | 6.46% |
ROA(3y)6.05%
ROA(5y)N/A
ROE(3y)6.86%
ROE(5y)N/A
ROIC(3y)10.24%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of VTS (18.05%) is better than 63.73% of its industry peers.
The Operating Margin of VTS (23.01%) is comparable to the rest of the industry.
The Gross Margin of VTS (72.72%) is better than 79.90% of its industry peers.
In the last couple of years the Gross Margin of VTS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.01% | ||
| PM (TTM) | 18.05% | ||
| GM | 72.72% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.74%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VTS is creating some value.
Compared to 1 year ago, VTS has more shares outstanding
Compared to 1 year ago, VTS has a worse debt to assets ratio.
2.2 Solvency
VTS has an Altman-Z score of 2.27. This is not the best score and indicates that VTS is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.27, VTS is in the better half of the industry, outperforming 67.16% of the companies in the same industry.
The Debt to FCF ratio of VTS is 4.85, which is a neutral value as it means it would take VTS, 4.85 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.85, VTS is doing good in the industry, outperforming 60.29% of the companies in the same industry.
A Debt/Equity ratio of 0.20 indicates that VTS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.20, VTS is in the better half of the industry, outperforming 67.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.85 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.73
WACC8.81%
2.3 Liquidity
VTS has a Current Ratio of 0.75. 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's Current ratio of 0.75 is on the low side compared to the rest of the industry. VTS is outperformed by 75.00% of its industry peers.
A Quick Ratio of 0.75 indicates that VTS may have some problems paying its short term obligations.
With a Quick ratio value of 0.75, VTS is not doing good in the industry: 67.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for VTS have decreased strongly by -46.41% in the last year.
VTS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -45.04%.
The Revenue has been growing by 33.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-46.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.47%
Revenue 1Y (TTM)-45.04%
Revenue growth 3Y33.99%
Revenue growth 5YN/A
Sales Q2Q%5.86%
3.2 Future
The Earnings Per Share is expected to decrease by -1.49% on average over the next years.
VTS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.18% yearly.
EPS Next Y-38.15%
EPS Next 2Y-23.55%
EPS Next 3Y-7.61%
EPS Next 5Y-1.48%
Revenue Next Year8.51%
Revenue Next 2Y12.76%
Revenue Next 3Y14.68%
Revenue Next 5Y2.18%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.28, which indicates a rather expensive current valuation of VTS.
Based on the Price/Earnings ratio, VTS is valued a bit more expensive than the industry average as 60.29% of the companies are valued more cheaply.
VTS is valuated rather cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 25.30, 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 66.18% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. VTS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 25.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VTS is valued a bit cheaper than the industry average as 65.20% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as VTS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.93 | ||
| EV/EBITDA | 5.57 |
4.3 Compensation for Growth
A cheap valuation may be justified as VTS's earnings are expected to decrease with -7.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.55%
EPS Next 3Y-7.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.70%, VTS is a good candidate for dividend investing.
VTS's Dividend Yield is rather good when compared to the industry average which is at 6.67. VTS pays more dividend than 81.37% of the companies in the same industry.
VTS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.7% |
5.2 History
VTS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VTS pays out 134.64% of its income as dividend. This is not a sustainable payout ratio.
DP134.64%
EPS Next 2Y-23.55%
EPS Next 3Y-7.61%
26.32
-0.63 (-2.34%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners58.36%
Inst Owner Change-91.19%
Ins Owners17.41%
Ins Owner Change-10.81%
Market Cap777.49M
Analysts80
Price Target30.77 (16.91%)
Short Float %11.27%
Short Ratio14.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.7% |
Yearly Dividend1.89
Dividend Growth(5Y)N/A
DP134.64%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-22.31%
Min EPS beat(2)-38.7%
Max EPS beat(2)-5.92%
EPS beat(4)1
Avg EPS beat(4)-6.18%
Min EPS beat(4)-38.7%
Max EPS beat(4)20.95%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-1.91%
Min Revenue beat(2)-5.69%
Max Revenue beat(2)1.87%
Revenue beat(4)3
Avg Revenue beat(4)2.13%
Min Revenue beat(4)-5.69%
Max Revenue beat(4)12.19%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)6.78%
PT rev (3m)12.77%
EPS NQ rev (1m)-57.84%
EPS NQ rev (3m)-57.84%
EPS NY rev (1m)-13.15%
EPS NY rev (3m)-21.65%
Revenue NQ rev (1m)2.15%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)-7.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 25.3 | ||
| P/S | 3.04 | ||
| P/FCF | 35.93 | ||
| P/OCF | 5.12 | ||
| P/B | 1.49 | ||
| P/tB | 1.49 | ||
| EV/EBITDA | 5.57 |
EPS(TTM)1.44
EY5.47%
EPS(NY)1.04
Fwd EY3.95%
FCF(TTM)0.73
FCFY2.78%
OCF(TTM)5.14
OCFY19.54%
SpS8.65
BVpS17.62
TBVpS17.62
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 8.86% | ||
| ROCE | 8.18% | ||
| ROIC | 6.46% | ||
| ROICexc | 6.48% | ||
| ROICexgc | 6.48% | ||
| OM | 23.01% | ||
| PM (TTM) | 18.05% | ||
| GM | 72.72% | ||
| FCFM | 8.47% |
ROA(3y)6.05%
ROA(5y)N/A
ROE(3y)6.86%
ROE(5y)N/A
ROIC(3y)10.24%
ROIC(5y)N/A
ROICexc(3y)10.35%
ROICexc(5y)N/A
ROICexgc(3y)10.35%
ROICexgc(5y)N/A
ROCE(3y)12.96%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.74%
GM growth 5YN/A
F-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 4.85 | ||
| Debt/EBITDA | 0.66 | ||
| Cap/Depr | 131.24% | ||
| Cap/Sales | 51.03% | ||
| Interest Coverage | 7.01 | ||
| Cash Conversion | 96.14% | ||
| Profit Quality | 46.94% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.27 |
F-Score4
WACC8.81%
ROIC/WACC0.73
Cap/Depr(3y)117.17%
Cap/Depr(5y)126.87%
Cap/Sales(3y)34.39%
Cap/Sales(5y)47.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-46.41%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.47%
EPS Next Y-38.15%
EPS Next 2Y-23.55%
EPS Next 3Y-7.61%
EPS Next 5Y-1.48%
Revenue 1Y (TTM)-45.04%
Revenue growth 3Y33.99%
Revenue growth 5YN/A
Sales Q2Q%5.86%
Revenue Next Year8.51%
Revenue Next 2Y12.76%
Revenue Next 3Y14.68%
Revenue Next 5Y2.18%
EBIT growth 1Y-65.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year380.03%
EBIT Next 3Y82.96%
EBIT Next 5Y47.04%
FCF growth 1Y-68.39%
FCF growth 3Y57.21%
FCF growth 5YN/A
OCF growth 1Y10.44%
OCF growth 3Y22.98%
OCF growth 5YN/A