0.38 | 0.73%
GENESIS ENERGY -LP's gross profit margin for the first quarter of its fiscal year 2013 has decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. GENESIS ENERGY -LP has weak liquidity. Currently, the Quick Ratio is 1.00 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 5.32% 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.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 1147.21 | 960.72 |
| EBITDA ($mil) | 44.27 | 40.74 |
| EBIT ($mil) | 30.15 | 26.73 |
| Net Income ($mil) | 22.85 | 19.6 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 15.98 | 14.32 |
| Total Assets ($mil) | 2275.28 | 2070.28 |
| Total Debt ($mil) | 971.87 | 789.18 |
| Equity ($mil) | 899.95 | 950.59 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 4.88 | 5.24 |
| EBITDA Margin | 3.85 | 4.24 |
| Operating Margin | 2.63 | 2.78 |
| Sales Turnover | 1.87 | 1.62 |
| Return on Assets | 4.37 | 3.08 |
| Return on Equity | 11.06 | 6.71 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 1.29 | 1.5 |
| Debt/Capital | 0.52 | 0.45 |
| Interest Expense | 13.68 | 10.9 |
| Interest Coverage | 2.2 | 2.45 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 81.2 | 79.47 |
| Div / share | 0.49 | 0.44 |
| EPS | 0.28 | 0.27 |
| Book value / share | 11.08 | 11.96 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 290087.0 | 265727.0 |
BUY. GENESIS ENERGY -LP's P/E ratio indicates a significant premium compared to an average of 24.66 for the Oil, Gas & Consumable Fuels industry and a significant premium compared to the S&P 500 average of 19.08. Conducting a second comparison, its price-to-book ratio of 4.69 indicates a significant premium versus the S&P 500 average of 2.44 and a premium versus the industry average of 3.72. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, GENESIS ENERGY -LP proves to trade at a premium to investment alternatives within the industry.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GEL 41.89 | Peers 24.66 | GEL 20.30 | Peers 9.63 | |||||||||||||||||||||
|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. GEL is trading at a significant premium to its peers. |
Premium. 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. GEL is trading at a significant premium to its peers. |
|||||||||||||||||||||||
| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| GEL 26.91 | Peers 15.69 | GEL 3.22 | Peers 1.66 | |||||||||||||||||||||
|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. GEL is trading at a significant premium to its peers. |
Premium. 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. GEL trades at a significant premium to its peers. |
|||||||||||||||||||||||
| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| GEL 4.69 | Peers 3.72 | GEL 36.26 | Peers -20.40 | |||||||||||||||||||||
|
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. GEL is trading at a significant premium to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. GEL is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| GEL 0.99 | Peers 2.36 | GEL 26.66 | Peers 9.80 | |||||||||||||||||||||
|
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. GEL is trading at a significant discount to its industry on this measurement. |
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share. GEL has a sales growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
