VITESSE ENERGY INC (VTS) Stock Fundamental Analysis
NYSE:VTS - New York Stock Exchange, Inc. - US92852X1037 - Common Stock - Currency: USD
Taking everything into account, VTS scores 4 out of 10 in our fundamental rating. VTS was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of VTS get a neutral evaluation. Nothing too spectacular is happening here. VTS is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
VTS had positive earnings in the past year.
VTS had a positive operating cash flow in the past year.
In multiple years VTS reported negative net income over the last 5 years.
VTS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.60%, VTS perfoms like the industry average, outperforming 41.98% of the companies in the same industry.
VTS has a Return On Equity (4.21%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 4.56%, VTS is doing worse than 62.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VTS is significantly below the industry average of 27.43%.
The last Return On Invested Capital (4.56%) 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 | 2.6% | ||
| ROE | 4.21% | ||
| ROIC | 4.56% |
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 (8.70%) which is in line with its industry peers.
VTS's Profit Margin has declined in the last couple of years.
VTS has a Operating Margin of 16.93%. This is comparable to the rest of the industry: VTS outperforms 47.64% of its industry peers.
VTS's Operating Margin has declined in the last couple of years.
VTS's Gross Margin of 71.45% is amongst the best of the industry. VTS outperforms 80.19% of its industry peers.
VTS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.93% | ||
| PM (TTM) | 8.7% | ||
| GM | 71.45% |
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
VTS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for VTS has been reduced compared to 1 year ago.
VTS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.96 indicates that VTS is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of VTS (1.96) is better than 66.98% of its industry peers.
VTS has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as VTS would need 2.95 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.95, VTS is in the better half of the industry, outperforming 79.25% of the companies in the same industry.
VTS has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
VTS's Debt to Equity ratio of 0.23 is fine compared to the rest of the industry. VTS outperforms 68.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 1.96 |
ROIC/WACC0.43
WACC10.63%
2.3 Liquidity
VTS has a Current Ratio of 0.51. 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 0.51, VTS is not doing good in the industry: 85.85% of the companies in the same industry are doing better.
VTS has a Quick Ratio of 0.51. 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 (0.51) than 82.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The earnings per share for VTS have decreased strongly by -38.20% in the last year.
The earnings per share for VTS have been decreasing by -13.85% on average. This is quite bad
Looking at the last year, VTS shows a small growth in Revenue. The Revenue has grown by 3.46% in the last year.
VTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.15% yearly.
EPS 1Y (TTM)-38.2%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-65.38%
Revenue 1Y (TTM)3.46%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%-19.3%
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.
VTS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.15% yearly.
EPS Next Y-2.21%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue Next Year22.1%
Revenue Next 2Y12.98%
Revenue Next 3Y0.15%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.77, VTS is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as VTS.
The average S&P500 Price/Earnings ratio is at 27.63. VTS is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 19.20, VTS is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as VTS.
The average S&P500 Price/Forward Earnings ratio is at 20.85. VTS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.77 | ||
| Fwd PE | 19.2 |
4.2 Price Multiples
VTS's Enterprise Value to EBITDA ratio is in line with the industry average.
VTS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.08 | ||
| EV/EBITDA | 6.57 |
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 2Y2.09%
EPS Next 3Y15.08%
5. Dividend
5.1 Amount
VTS has a Yearly Dividend Yield of 10.13%, which is a nice return.
In the last 3 months the price of VTS has falen by -21.96%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 7.41, VTS pays a better dividend. On top of this VTS pays more dividend than 86.32% of the companies listed in the same industry.
VTS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.13% |
5.2 History
VTS has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
301.82% of the earnings are spent on dividend by VTS. This is not a sustainable payout ratio.
DP301.82%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
20.65
-0.45 (-2.13%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners58.36%
Inst Owner Change1.34%
Ins Owners17.41%
Ins Owner Change-19.6%
Market Cap796.68M
Analysts80
Price Target29.48 (42.76%)
Short Float %11.64%
Short Ratio13.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.13% |
Yearly Dividend1.94
Dividend Growth(5Y)N/A
DP301.82%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.66%
Min EPS beat(2)-38.7%
Max EPS beat(2)11.39%
EPS beat(4)1
Avg EPS beat(4)-8.57%
Min EPS beat(4)-38.7%
Max EPS beat(4)11.39%
EPS beat(8)3
Avg EPS beat(8)8.18%
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)0
Avg Revenue beat(2)-5.79%
Min Revenue beat(2)-5.9%
Max Revenue beat(2)-5.69%
Revenue beat(4)2
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-5.9%
Max Revenue beat(4)1.87%
Revenue beat(8)4
Avg Revenue beat(8)-1.96%
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)-0.77%
PT rev (3m)2.3%
EPS NQ rev (1m)112.5%
EPS NQ rev (3m)-48.48%
EPS NY rev (1m)3.4%
EPS NY rev (3m)36.54%
Revenue NQ rev (1m)1.05%
Revenue NQ rev (3m)14.08%
Revenue NY rev (1m)4.19%
Revenue NY rev (3m)18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.77 | ||
| Fwd PE | 19.2 | ||
| P/S | 3.29 | ||
| P/FCF | 20.08 | ||
| P/OCF | 5.14 | ||
| P/B | 1.59 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 6.57 |
EPS(TTM)1.1
EY5.33%
EPS(NY)1.08
Fwd EY5.21%
FCF(TTM)1.03
FCFY4.98%
OCF(TTM)4.02
OCFY19.46%
SpS6.27
BVpS12.97
TBVpS12.97
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.21% | ||
| ROCE | 5.77% | ||
| ROIC | 4.56% | ||
| ROICexc | 4.57% | ||
| ROICexgc | 4.57% | ||
| OM | 16.93% | ||
| PM (TTM) | 8.7% | ||
| GM | 71.45% | ||
| FCFM | 16.4% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.95 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 114.97% | ||
| Cap/Sales | 47.65% | ||
| Interest Coverage | 4.53 | ||
| Cash Conversion | 109.71% | ||
| Profit Quality | 188.43% | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.96 |
F-Score4
WACC10.63%
ROIC/WACC0.43
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)-38.2%
EPS 3Y-2.03%
EPS 5Y-13.85%
EPS Q2Q%-65.38%
EPS Next Y-2.21%
EPS Next 2Y2.09%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue 1Y (TTM)3.46%
Revenue growth 3Y9.33%
Revenue growth 5Y7.15%
Sales Q2Q%-19.3%
Revenue Next Year22.1%
Revenue Next 2Y12.98%
Revenue Next 3Y0.15%
Revenue Next 5YN/A
EBIT growth 1Y17.54%
EBIT growth 3Y-8.74%
EBIT growth 5Y2.13%
EBIT Next Year308.43%
EBIT Next 3Y48.45%
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%