W&T OFFSHORE INC (WTI)
US92922P1066 - Common Stock
Overall WTI gets a fundamental rating of 2 out of 10. We evaluated WTI against 208 industry peers in the Oil, Gas & Consumable Fuels industry. WTI may be in some trouble as it scores bad on both profitability and health. WTI is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
WTI had negative earnings in the past year.
In the past year WTI had a positive cash flow from operations.
WTI had positive earnings in 4 of the past 5 years.
In the past 5 years WTI always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -2.19%, WTI is not doing good in the industry: 82.69% of the companies in the same industry are doing better.
WTI has a worse Return On Equity (-502.70%) than 94.23% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.89%, WTI is doing worse than 80.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WTI is below the industry average of 23.70%.
The 3 year average ROIC (20.36%) for WTI is well above the current ROIC(0.89%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.19% | ||
| ROE | -502.7% | ||
| ROIC | 0.89% |
ROA(3y)4.69%
ROA(5y)5.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)20.36%
ROIC(5y)14.08%
1.3 Margins
In the last couple of years the Profit Margin of WTI has declined.
WTI has a Operating Margin of 2.30%. This is in the lower half of the industry: WTI underperforms 79.33% of its industry peers.
WTI's Operating Margin has declined in the last couple of years.
WTI has a Gross Margin (51.41%) which is in line with its industry peers.
WTI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.3% | ||
| PM (TTM) | N/A | ||
| GM | 51.41% |
OM growth 3Y188.41%
OM growth 5Y-30.14%
PM growth 3Y-35.26%
PM growth 5Y-41.53%
GM growth 3Y-0.89%
GM growth 5Y-6.85%
2. Health
2.1 Basic Checks
WTI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
WTI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for WTI has been increased compared to 5 years ago.
WTI has a better debt/assets ratio than last year.
2.2 Solvency
WTI has an Altman-Z score of 0.01. This is a bad value and indicates that WTI is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.01, WTI is not doing good in the industry: 72.12% of the companies in the same industry are doing better.
A Debt/Equity ratio of 75.32 is on the high side and indicates that WTI has dependencies on debt financing.
The Debt to Equity ratio of WTI (75.32) is worse than 94.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 75.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.01 |
ROIC/WACC0.13
WACC6.68%
2.3 Liquidity
A Current Ratio of 1.06 indicates that WTI should not have too much problems paying its short term obligations.
WTI's Current ratio of 1.06 is in line compared to the rest of the industry. WTI outperforms 42.31% of its industry peers.
A Quick Ratio of 1.06 indicates that WTI should not have too much problems paying its short term obligations.
The Quick ratio of WTI (1.06) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for WTI have decreased strongly by -120.29% in the last year.
The earnings per share for WTI have been decreasing by -43.27% on average. This is quite bad
The Revenue for WTI has decreased by -21.82% in the past year. This is quite bad
Measured over the past years, WTI shows a decrease in Revenue. The Revenue has been decreasing by -1.71% on average per year.
EPS 1Y (TTM)-120.29%
EPS 3Y-26.04%
EPS 5Y-43.27%
EPS Q2Q%-25%
Revenue 1Y (TTM)-21.82%
Revenue growth 3Y15.4%
Revenue growth 5Y-1.71%
Sales Q2Q%13.14%
3.2 Future
Based on estimates for the next years, WTI will show a very strong growth in Earnings Per Share. The EPS will grow by 23.59% on average per year.
The Revenue is expected to grow by 1.03% on average over the next years.
EPS Next Y-337.67%
EPS Next 2Y-75.67%
EPS Next 3Y23.59%
EPS Next 5YN/A
Revenue Next Year9.27%
Revenue Next 2Y6.48%
Revenue Next 3Y1.03%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WTI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WTI. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WTI is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.2 |
4.3 Compensation for Growth
A more expensive valuation may be justified as WTI's earnings are expected to grow with 23.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-75.67%
EPS Next 3Y23.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.71%, WTI has a reasonable but not impressive dividend return.
WTI's Dividend Yield is slightly below the industry average, which is at 6.04.
WTI's Dividend Yield is slightly below the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
5.2 History
The dividend of WTI decreases each year by -60.99%.
WTI has been paying a dividend for at least 10 years, so it has a reliable track record.
WTI has decreased its dividend recently.
Dividend Growth(5Y)-60.99%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
WTI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-17.57%
EPS Next 2Y-75.67%
EPS Next 3Y23.59%
W&T OFFSHORE INC
NYSE:WTI (9/6/2024, 8:04:00 PM)
After market: 2.02 0 (0%)2.02
-0.02 (-0.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap296.66M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.19% | ||
| ROE | -502.7% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.3% | ||
| PM (TTM) | N/A | ||
| GM | 51.41% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 75.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-120.29%
EPS 3Y-26.04%
EPS 5Y
EPS Q2Q%
EPS Next Y-337.67%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.82%
Revenue growth 3Y15.4%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y