New Fortress Energy LLC operates as an integrated gas-to-power energy infrastructure company worldwide.
Exceptional growth potential and slightly overvalued.
Share Price & News
How has New Fortress Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NFE's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: NFE exceeded the US Oil and Gas industry which returned -33.4% over the past year.
Return vs Market: NFE exceeded the US Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is New Fortress Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StAnalyst Forecasts Just Got A Whole Lot More Bearish On New Fortress Energy LLC (NASDAQ:NFE)
3 weeks ago | Simply Wall StEarnings Update: New Fortress Energy LLC (NASDAQ:NFE) Just Reported And Analysts Are Trimming Their Forecasts
4 weeks ago | Simply Wall StBreakeven On The Horizon For New Fortress Energy LLC (NASDAQ:NFE)
Is New Fortress Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NFE ($13.87) is trading below our estimate of fair value ($20.48)
Significantly Below Fair Value: NFE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NFE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: NFE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NFE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NFE is overvalued based on its PB Ratio (4.7x) compared to the US Oil and Gas industry average (0.7x).
How is New Fortress Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NFE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: NFE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NFE's is expected to become profitable in the next 3 years.
Revenue vs Market: NFE's revenue (29.7% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: NFE's revenue (29.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NFE's Return on Equity is forecast to be very high in 3 years time (165.1%).
How has New Fortress Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NFE is currently unprofitable.
Growing Profit Margin: NFE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NFE is unprofitable, and losses have increased over the past 5 years at a rate of -7.2% per year.
Accelerating Growth: Unable to compare NFE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NFE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).
Return on Equity
High ROE: NFE has a negative Return on Equity (-64.95%), as it is currently unprofitable.
How is New Fortress Energy's financial position?
Financial Position Analysis
Short Term Liabilities: NFE's short term assets ($414.6M) exceed its short term liabilities ($151.7M).
Long Term Liabilities: NFE's short term assets ($414.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: NFE's debt to equity ratio (301.1%) is considered high.
Reducing Debt: Insufficient data to determine if NFE's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NFE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NFE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.3% each year
What is New Fortress Energy's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NFE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NFE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NFE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NFE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NFE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wes Edens (57yo)
Mr. Wesley Robert Edens, also known as Wes, is a Co-Founder of Fortress Investment Group LLC and has been its Private Equity Chief Investment Officer, Principal, President of Private Equity, Head of Privat ...
|Chairman & CEO||1.83yrs||no data||13.53% $316.3m|
|Chief Financial Officer||1.83yrs||US$5.03m||no data|
|Chief Accounting Officer||1.25yrs||US$929.13k||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Development Officer||no data||no data||no data|
|Secretary||no data||no data||no data|
Experienced Management: NFE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Chairman & CEO||1.83yrs||no data||13.53% $316.3m|
|Independent Non-Executive Director||1.42yrs||US$1.10m||0.45% $10.6m|
|Director||1.83yrs||no data||12.71% $297.1m|
|Independent Director||1.42yrs||US$1.11m||0.024% $549.9k|
|Independent Director||1.42yrs||US$1.10m||0.18% $4.1m|
|Independent Director||1.42yrs||US$1.10m||0.98% $22.9m|
|Independent Director||1.42yrs||US$1.10m||0.052% $1.2m|
|Independent Director||1.42yrs||US$1.10m||no data|
Experienced Board: NFE's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NFE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Fortress Energy LLC's company bio, employee growth, exchange listings and data sources
- Name: New Fortress Energy LLC
- Ticker: NFE
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: US$2.338b
- Market Cap: US$336.160m
- Shares outstanding: 168.58m
- Website: https://www.newfortressenergy.com
Number of Employees
- New Fortress Energy LLC
- 111 West 19th Street
- 8th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NFE||NasdaqGS (Nasdaq Global Select)||Yes||Class A Shares||US||USD||Jan 2019|
New Fortress Energy LLC operates as an integrated gas-to-power energy infrastructure company worldwide. It funds, builds, and operates natural gas infrastructure and logistics to deliver fully integrated turnkey energy solutions that enable economic growth, enhance environmental stewardship, and transform local industries and communities. The company was founded in 1998 and is based in New York, New York. New Fortress Energy LLC is a subsidiary of Fortress Investment Group LLC.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 12:08|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.