AMEX:ENSV

Stock Analysis Report

Executive Summary

Enservco Corporation, through its subsidiaries, provides oil field services to the onshore oil and natural gas industry in the United States.

Snowflake

Fundamentals

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Enservco's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-16.7%

ENSV

1.1%

US Energy Services

1.0%

US Market


1 Year Return

-76.0%

ENSV

-43.1%

US Energy Services

8.0%

US Market

Return vs Industry: ENSV underperformed the US Energy Services industry which returned -43.1% over the past year.

Return vs Market: ENSV underperformed the US Market which returned 8% over the past year.


Shareholder returns

ENSVIndustryMarket
7 Day-16.7%1.1%1.0%
30 Day-41.9%-9.2%-0.07%
90 Day-66.9%-17.6%-1.0%
1 Year-76.0%-76.0%-41.5%-43.1%10.4%8.0%
3 Year-71.2%-71.2%-53.3%-59.1%46.2%36.7%
5 Year-94.2%-94.2%-63.9%-69.2%64.3%46.2%

Price Volatility Vs. Market

How volatile is Enservco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Enservco undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ENSV ($0.16) is trading below our estimate of fair value ($5.53)

Significantly Below Fair Value: ENSV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ENSV is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.

PE vs Market: ENSV 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 ENSV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ENSV is overvalued based on its PB Ratio (1.5x) compared to the US Energy Services industry average (0.7x).


Next Steps

Future Growth

How is Enservco forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

182.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENSV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ENSV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ENSV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ENSV's revenue (17.6% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: ENSV's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ENSV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Enservco performed over the past 5 years?

-38.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ENSV is unprofitable, and losses have increased over the past 5 years at a rate of -38.3% per year.

Accelerating Growth: Unable to compare ENSV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENSV is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-13.1%).


Return on Equity

High ROE: ENSV has a negative Return on Equity (-51.43%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: ENSV is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ENSV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Enservco's financial position?


Financial Position Analysis

Short Term Liabilities: ENSV's short term assets ($10.6M) exceeds its short term liabilities ($4.1M)

Long Term Liabilities: ENSV's short term assets (10.6M) do not cover its long term liabilities (38.6M)


Debt to Equity History and Analysis

Debt Level: ENSV's debt to equity ratio (571.1%) is considered high

Reducing Debt: ENSV's debt to equity ratio has increased from 75.6% to 571.1% over the past 5 years.


Balance Sheet

Inventory Level: ENSV has a high level of physical assets or inventory.

Debt Coverage by Assets: ENSV's debt is not covered by short term assets (assets are 0.3x debt).


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: ENSV has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ENSV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Enservco's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ENSV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ENSV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ENSV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ENSV'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 ENSV's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Enservco's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Ian Dickinson (46yo)

2.4yrs

Tenure

US$776,388

Compensation

Mr. Ian E. Dickinson has been the Chief Executive Officer and President at Enservco Corporation since May 10, 2017. Mr. Dickinson is a well-rounded senior executive, who has a strong track record in the ar ...


CEO Compensation Analysis

Compensation vs. Market: Ian has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

1.4yrs

Average Tenure

46yo

Average Age

Experienced Management: ENSV's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

51yo

Average Age

Experienced Board: ENSV's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$3,89419 Jun 19
Ian Dickinson
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceUS$0.39
BuyUS$4,78631 May 19
William Jolly
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,183
Max PriceUS$0.47

Ownership Breakdown


Management Team

  • Marjorie Hargrave (55yo)

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Ian Dickinson (46yo)

    President

    • Tenure: 2.4yrs
    • Compensation: US$776.39k
  • Amanda Dalbey

    Accounting Manager

    • Tenure: 0yrs
  • Kevin Kersting (39yo)

    Chief Operating Officer

    • Tenure: 1.4yrs
    • Compensation: US$596.71k

Board Members

  • Chris Haymons (48yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$52.53k
  • William Jolly (65yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$38.00k
  • Robert Herlin (64yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$44.00k
  • Keith Behrens (53yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$28.00k
  • Richard Murphy (49yo)

    Chairman

    • Tenure: 2.7yrs
    • Compensation: US$50.46k
  • Ian Dickinson (46yo)

    President

    • Tenure: 2.4yrs
    • Compensation: US$776.39k

Company Information

Enservco Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enservco Corporation
  • Ticker: ENSV
  • Exchange: AMEX
  • Founded: 1980
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$8.738m
  • Shares outstanding: 55.65m
  • Website: https://www.enservco.com

Number of Employees


Location

  • Enservco Corporation
  • 999 18th Street
  • Suite 1925 North
  • Denver
  • Colorado
  • 80202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENSVAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 2010

Biography

Enservco Corporation, through its subsidiaries, provides oil field services to the onshore oil and natural gas industry in the United States. The company operates through Well Enhancement Services and Wate ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:18
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.