Enerplus Corporation
Find Ratings ReportsENERPLUS CORP's gross profit margin for the fourth quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. ENERPLUS CORP has weak liquidity. Currently, the Quick Ratio is 0.73 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 14.00% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 448.05 | 548.36 |
EBITDA ($mil) | 251.66 | 351.81 |
EBIT ($mil) | 138.21 | 261.45 |
Net Income ($mil) | 116.7 | 330.71 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 66.73 | 38.0 |
Total Assets ($mil) | 2068.48 | 1937.98 |
Total Debt ($mil) | 212.45 | 282.44 |
Equity ($mil) | 1227.35 | 1076.61 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 58.91 | 68.16 |
EBITDA Margin | 56.16 | 64.15 |
Operating Margin | 30.85 | 47.68 |
Sales Turnover | 0.82 | 1.11 |
Return on Assets | 22.04 | 47.17 |
Return on Equity | 37.16 | 84.92 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.8 | 0.81 |
Debt/Capital | 0.15 | 0.21 |
Interest Expense | 4.86 | 5.93 |
Interest Coverage | 28.47 | 44.1 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 202.2 | 217.29 |
Div / share | 0.06 | 0.06 |
EPS | 0.55 | 1.43 |
Book value / share | 6.07 | 4.95 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 3007749.0 | 1214469.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 13.78 for the Oil and Gas Extraction subsector and a significant discount compared to the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 2.99 indicates a significant discount versus the S&P 500 average of 4.68 and a premium versus the subsector average of 2.46. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. The valuation analysis reveals that, ENERPLUS CORP seems to be trading at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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ERF 8.64 | Peers 13.78 | ERF 3.91 | Peers 5.77 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. ERF is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. ERF is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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ERF NA | Peers 11.29 | ERF NA | Peers 8.64 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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ERF 2.99 | Peers 2.46 | ERF -45.17 | Peers 5.25 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. ERF is trading at a premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, ERF is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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ERF 2.16 | Peers 2.48 | ERF -21.41 | Peers -8.61 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. ERF is trading at a discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. ERF significantly trails its peers on the basis of sales growth. |
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