Memorial Production Partners LP

Find Ratings Reports
MEMP : NASDAQ : Basic Materials
$1.49 up 0.02 | 1.40%
Today's Range: 1.38 - 1.49
Avg. Daily Volume: 559,800
07/28/16 - 12:45 PM ET

Financial Analysis


MEMORIAL PRODUCTION PRTRS LP's gross profit margin for the first quarter of its fiscal year 2016 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. MEMORIAL PRODUCTION PRTRS LP has very weak liquidity. Currently, the Quick Ratio is 0.46 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.

At the same time, stockholders' equity ("net worth") has significantly decreased by 40.52% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY16 Q1 FY15
Net Sales ($mil)60.8792.82
EBITDA ($mil)-9.95-227.63
EBIT ($mil)-57.09-280.53
Net Income ($mil)-38.1-162.82


Balance Sheet Q1 FY16 Q1 FY15
Cash & Equiv. ($mil)0.841.07
Total Assets ($mil)2830.13051.19
Total Debt ($mil)1957.981754.05
Equity ($mil)600.771010.19


Profitability Q1 FY16 Q1 FY15
Gross Profit Margin5.93-230.91
EBITDA Margin-16.34-245.24
Operating Margin-93.79-302.24
Sales Turnover0.120.18
Return on Assets-9.58-0.46
Return on Equity-45.13-1.41
Debt Q1 FY16 Q1 FY15
Current Ratio3.071.91
Debt/Capital0.770.63
Interest Expense32.5528.82
Interest Coverage-1.75-9.73


Share Data Q1 FY16 Q1 FY15
Shares outstanding (mil)82.9384.02
Div / share0.10.55
EPS-0.46-1.9
Book value / share7.2412.02
Institutional Own % n/a n/a
Avg Daily Volume638769.0800374.0

Valuation


SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 0.23 indicates a significant discount versus the S&P 500 average of 2.81 and a significant discount versus the industry average of 11.73. 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, MEMORIAL PRODUCTION PRTRS LP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
MEMP NM Peers 70.76   MEMP 0.61 Peers 306.30

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

MEMP's P/E is negative making this valuation measure meaningless.

 

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.

MEMP is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
MEMP NM Peers 39.26   MEMP NA Peers 2.07

Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.

MEMP's ratio is negative making this valuation measure meaningless.

 

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.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
MEMP 0.23 Peers 11.73   MEMP -563.26 Peers -202.73

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

MEMP is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, MEMP is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
MEMP 0.42 Peers 2.43   MEMP -39.82 Peers -25.78

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.

MEMP is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

MEMP significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades