KINETIK HOLDINGS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 39.03 USD | +1.51% |
|
+0.23% | +16.86% |
| Apr. 23 | Mizuho Securities Adjusts Kinetik Price Target to $42 From $39, Maintains Buy Rating | MT |
| Apr. 22 | Barclays Initiates Kinetik Holdings With Equalweight Rating, $40 Price Target | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 1,511 | 1,907 | 2,331 | - | - |
| Enterprise Value (EV) 1 | 4,873 | 5,465 | 5,749 | 5,722 | 5,958 |
| P/E ratio | 22.4 x | 14 x | 24.9 x | 19.9 x | 18.8 x |
| Yield | 9.07% | 8.98% | 7.69% | 7.81% | 8.11% |
| Capitalization / Revenue | 1.25 x | 1.52 x | 1.62 x | 1.32 x | 1.3 x |
| EV / Revenue | 4.02 x | 4.35 x | 4.01 x | 3.25 x | 3.33 x |
| EV / EBITDA | 5.93 x | 6.52 x | 6.09 x | 5.67 x | 5.64 x |
| EV / FCF | - | 91.2 x | 11 x | 11.5 x | 12 x |
| FCF Yield | - | 1.1% | 9.1% | 8.67% | 8.31% |
| Price to Book | -3.71 x | -9.51 x | -2.13 x | -1.63 x | - |
| Nbr of stocks (in thousands) | 45,678 | 57,097 | 59,712 | - | - |
| Reference price 2 | 33.08 | 33.40 | 39.03 | 39.03 | 39.03 |
| Announcement Date | 2/27/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 160.6 | 1,213 | 1,256 | 1,434 | 1,763 | 1,791 |
| EBITDA 1 | - | 822.2 | 838.8 | 944.4 | 1,009 | 1,057 |
| EBIT 1 | - | 163.1 | 178.7 | 255.7 | 328.4 | 455.2 |
| Operating Margin | - | 13.44% | 14.22% | 17.83% | 18.63% | 25.42% |
| Earnings before Tax (EBT) 1 | - | - | 153.5 | 278.9 | 313 | 313 |
| Net income 1 | -13.94 | 135.5 | 141.3 | 175.6 | 294.8 | 307.3 |
| Net margin | -8.68% | 11.17% | 11.25% | 12.24% | 16.72% | 17.16% |
| EPS 2 | - | 1.480 | 2.380 | 1.566 | 1.960 | 2.078 |
| Free Cash Flow 1 | - | - | 59.93 | 523.2 | 496.2 | 495.3 |
| FCF margin | - | - | 4.77% | 36.47% | 28.15% | 27.66% |
| FCF Conversion (EBITDA) | - | - | 7.14% | 55.4% | 49.19% | 46.88% |
| FCF Conversion (Net income) | - | - | 42.4% | 297.97% | 168.34% | 161.17% |
| Dividend per Share 2 | - | 3.000 | 3.000 | 3.000 | 3.048 | 3.165 |
| Announcement Date | 2/22/22 | 2/27/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 257.2 | 335.6 | 325.2 | 295.5 | 281 | 296.2 | 330.3 | 348.9 | 308.4 | 302.1 | 343.9 | 387.7 | 558.6 |
| EBITDA 1 | 190.8 | 207.9 | 212.4 | 211.1 | 187.5 | 208 | 215.3 | 228 | 226.1 | 231.8 | 238.6 | 245.1 | 246.5 |
| EBIT 1 | 82.35 | 40.61 | 45.8 | 45.02 | 27.37 | 37.45 | 38.4 | 60.37 | 57.34 | 59.11 | 66.15 | 72.93 | - |
| Operating Margin | 32.01% | 12.1% | 14.08% | 15.24% | 9.74% | 12.64% | 11.63% | 17.31% | 18.59% | 19.56% | 19.23% | 18.81% | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | 4.715 | 71.98 | 44.43 | 32.42 | 65.43 | 68.34 | 70.35 | 77.63 | 74.77 |
| Net income 1 | 3.865 | 6.438 | 48.71 | 48.46 | 4.299 | 25.01 | 43.13 | 99.31 | 40.74 | 45.26 | 50.12 | 52.93 | 25.42 |
| Net margin | 1.5% | 1.92% | 14.98% | 16.4% | 1.53% | 8.44% | 13.06% | 28.47% | 13.21% | 14.98% | 14.57% | 13.65% | 4.55% |
| EPS 2 | 0.1050 | 0.0600 | 1.040 | 0.2500 | 0.0903 | 0.4100 | 0.2100 | 1.700 | 0.3913 | 0.3970 | 0.4426 | 0.4944 | 0.4550 |
| Dividend per Share 2 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7500 | 0.7750 |
| Announcement Date | 5/10/22 | 8/9/22 | 11/9/22 | 2/27/23 | 5/3/23 | 8/7/23 | 11/8/23 | 2/28/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 3,362 | 3,558 | 3,418 | 3,392 | 3,628 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 4.089 x | 4.242 x | 3.62 x | 3.363 x | 3.434 x |
| Free Cash Flow 1 | - | - | 59.9 | 523 | 496 | 495 |
| ROE (net income / shareholders' equity) | - | - | 42.2% | 7.26% | 10% | 10.7% |
| ROA (Net income/ Total Assets) | - | - | 2.28% | 2.8% | 4.3% | 4.3% |
| Assets 1 | - | - | 6,208 | 6,270 | 6,855 | 7,147 |
| Book Value Per Share 2 | - | -8.910 | -3.510 | -18.30 | -24.00 | - |
| Cash Flow per Share 2 | - | 14.80 | 11.20 | 7.230 | 8.120 | 11.40 |
| Capex 1 | - | - | 330 | 149 | 191 | 200 |
| Capex / Sales | - | - | 26.23% | 10.37% | 10.84% | 11.18% |
| Announcement Date | 2/22/22 | 2/27/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
39.03
USD
Average target price
39.75
USD
Spread / Average Target
+1.84%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +16.86% | 2.33B | |
| +2.64% | 76.02B | |
| +10.28% | 63.11B | |
| +12.72% | 47.84B | |
| +15.44% | 47.31B | |
| +14.24% | 42.4B | |
| +5.90% | 41.46B | |
| -4.75% | 37.36B | |
| -1.57% | 23.72B | |
| +7.32% | 20.73B |
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- KNTK Stock
- Financials Kinetik Holdings Inc.
