Ring Energy, Inc. (REI)
Total Valuation
Ring Energy has a market cap or net worth of $380.03 million. The enterprise value is $803.54 million.
Market Cap | 380.03M |
Enterprise Value | 803.54M |
Important Dates
The last earnings date was Thursday, March 7, 2024, after market close.
Earnings Date | Mar 7, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Ring Energy has 197.93 million shares outstanding. The number of shares has increased by 12.17% in one year.
Shares Outstanding | 197.93M |
Shares Change (YoY) | +12.17% |
Shares Change (QoQ) | +0.14% |
Owned by Insiders (%) | 12.04% |
Owned by Institutions (%) | 47.70% |
Float | 166.44M |
Valuation Ratios
The trailing PE ratio is 3.63 and the forward PE ratio is 4.17. Ring Energy's PEG ratio is 1.82.
PE Ratio | 3.63 |
Forward PE | 4.17 |
PS Ratio | 1.05 |
Forward PS | 1.01 |
PB Ratio | 0.48 |
P/FCF Ratio | 6.75 |
PEG Ratio | 1.82 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.38, with an EV/FCF ratio of 14.26.
EV / Earnings | 7.66 |
EV / Sales | 2.23 |
EV / EBITDA | 3.38 |
EV / EBIT | 5.40 |
EV / FCF | 14.26 |
Financial Position
The company has a current ratio of 0.49, with a Debt / Equity ratio of 0.55.
Current Ratio | 0.49 |
Quick Ratio | 0.42 |
Debt / Equity | 0.55 |
Debt / EBITDA | 1.81 |
Debt / FCF | 7.63 |
Interest Coverage | 3.39 |
Financial Efficiency
Return on equity (ROE) is 14.20% and return on invested capital (ROIC) is 11.97%.
Return on Equity (ROE) | 14.20% |
Return on Assets (ROA) | 7.90% |
Return on Capital (ROIC) | 11.97% |
Revenue Per Employee | $3.34M |
Profits Per Employee | $970,969 |
Employee Count | 108 |
Asset Turnover | 0.27 |
Inventory Turnover | 12.41 |
Taxes
In the past 12 months, Ring Energy has paid $125,242 in taxes.
Income Tax | 125,242 |
Effective Tax Rate | 0.12% |
Stock Price Statistics
The stock price has increased by +4.81% in the last 52 weeks. The beta is 1.73, so Ring Energy's price volatility has been higher than the market average.
Beta (1Y) | 1.73 |
52-Week Price Change | +4.81% |
50-Day Moving Average | 1.50 |
200-Day Moving Average | 1.72 |
Relative Strength Index (RSI) | 70.31 |
Average Volume (30 Days) | 1,941,660 |
Short Selling Information
The latest short interest is 13.18 million, so 6.66% of the outstanding shares have been sold short.
Short Interest | 13.18M |
Short Previous Month | 14.33M |
Short % of Shares Out | 6.66% |
Short % of Float | 7.92% |
Short Ratio (days to cover) | 8.84 |
Income Statement
In the last 12 months, Ring Energy had revenue of $361.06 million and earned $104.86 million in profits. Earnings per share was $0.54.
Revenue | 361.06M |
Gross Profit | 265.55M |
Operating Income | 145.78M |
Pretax Income | 104.99M |
Net Income | 104.86M |
EBITDA | 237.53M |
EBIT | 148.92M |
Earnings Per Share (EPS) | $0.54 |
Balance Sheet
The company has $6.51 million in cash and $430.02 million in debt, giving a net cash position of -$423.51 million or -$2.14 per share.
Cash & Cash Equivalents | 6.51M |
Total Debt | 430.02M |
Net Cash | -423.51M |
Net Cash Per Share | -$2.14 |
Equity / Book Value | 786.58M |
Book Value Per Share | 3.97 |
Working Capital | -57.90M |
Cash Flow
In the last 12 months, operating cash flow was $198.17 million and capital expenditures -$141.83 million, giving a free cash flow of $56.34 million.
Operating Cash Flow | 198.17M |
Capital Expenditures | -141.83M |
Free Cash Flow | 56.34M |
FCF Per Share | $0.29 |
Margins
Gross margin is 73.55%, with operating and profit margins of 40.38% and 29.04%.
Gross Margin | 73.55% |
Operating Margin | 40.38% |
Pretax Margin | 29.08% |
Profit Margin | 29.04% |
EBITDA Margin | 65.79% |
EBIT Margin | 41.24% |
FCF Margin | 15.60% |
Dividends & Yields
Ring Energy does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -12.17% |
Shareholder Yield | -12.17% |
Earnings Yield | 27.59% |
FCF Yield | 14.82% |
Analyst Forecast
Price Target | n/a |
Price Target Difference | n/a |
Analyst Consensus | n/a |
Analyst Count | n/a |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 2, 2008. It was a reverse split with a ratio of 1:18.
Last Split Date | Jun 2, 2008 |
Split Type | Reverse |
Split Ratio | 1:18 |
Scores
Ring Energy has an Altman Z-Score of 0.95 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.95 |
Piotroski F-Score | 5 |