Texas Pacific Land Corpor... (TPL)
Texas Pacific Land Statistics
Share Statistics
Texas Pacific Land has 22.98M shares outstanding. The number of shares has increased by -0.13% in one year.
| Shares Outstanding | 22.98M |
| Shares Change (YoY) | -0.13% |
| Shares Change (QoQ) | -0.01% |
| Owned by Institutions (%) | 70.03% |
| Shares Floating | 22.94M |
| Failed to Deliver (FTD) Shares | 361 |
| FTD / Avg. Volume | 0.28% |
Short Selling Information
The latest short interest is 1.38M, so 6% of the outstanding shares have been sold short.
| Short Interest | 1.38M |
| Short % of Shares Out | 6% |
| Short % of Float | 6.01% |
| Short Ratio (days to cover) | 8.09 |
Valuation Ratios
The PE ratio is 56 and the forward PE ratio is 17.55. Texas Pacific Land's PEG ratio is 4.58.
| PE Ratio | 56 |
| Forward PE | 17.55 |
| PS Ratio | 36.02 |
| Forward PS | 24.6 |
| PB Ratio | 22.45 |
| P/FCF Ratio | 388.72 |
| PEG Ratio | 4.58 |
Enterprise Valuation
Texas Pacific Land Corporation has an Enterprise Value (EV) of 11.35B.
| EV / Earnings | 25.01 |
| EV / Sales | 16.09 |
| EV / EBITDA | 20.12 |
| EV / EBIT | 21.06 |
| EV / FCF | 173.62 |
Financial Position
The company has a current ratio of 8.33, with a Debt / Equity ratio of 0.
| Current Ratio | 8.33 |
| Quick Ratio | 8.33 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0.04 |
| Cash Flow / Debt | 1083.16 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.4% and return on capital (ROIC) is 37.32%.
| Return on Equity (ROE) | 0.4% |
| Return on Assets (ROA) | 0.36% |
| Return on Capital (ROIC) | 37.32% |
| Revenue Per Employee | $6,358,765.77 |
| Profits Per Employee | $4,089,729.73 |
| Employee Count | 111 |
| Asset Turnover | 0.57 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 124.86M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by 129.8% in the last 52 weeks. The beta is 1.72, so Texas Pacific Land's price volatility has been higher than the market average.
| Beta | 1.72 |
| 52-Week Price Change | 129.8% |
| 50-Day Moving Average | 1349.28 |
| 200-Day Moving Average | 1099.7 |
| Relative Strength Index (RSI) | 46.36 |
| Average Volume (20 Days) | 130.45K |
Income Statement
In the last 12 months, Texas Pacific Land had revenue of 705.82M and earned 453.96M in profits. Earnings per share was 19.75.
| Revenue | 705.82M |
| Gross Profit | 705.82M |
| Operating Income | 539.14M |
| Net Income | 453.96M |
| EBITDA | 564.3M |
| EBIT | 539.14M |
| Earnings Per Share (EPS) | 19.75 |
Balance Sheet
The company has 369.83M in cash and 453K in debt, giving a net cash position of 369.38M.
| Cash & Cash Equivalents | 369.83M |
| Total Debt | 453K |
| Net Cash | 369.38M |
| Retained Earnings | 1.28B |
| Total Assets | 1.25B |
| Working Capital | 442.97M |
Cash Flow
In the last 12 months, operating cash flow was 490.67M and capital expenditures -425.27M, giving a free cash flow of 65.4M.
| Operating Cash Flow | 490.67M |
| Capital Expenditures | -425.27M |
| Free Cash Flow | 65.4M |
| FCF Per Share | 2.85 |
Margins
Gross margin is 100%, with operating and profit margins of 76.38% and 64.32%.
| Gross Margin | 100% |
| Operating Margin | 76.38% |
| Pretax Margin | 82.01% |
| Profit Margin | 64.32% |
| EBITDA Margin | 79.95% |
| EBIT Margin | 76.38% |
| FCF Margin | 9.27% |
Dividends & Yields
TPL pays an annual dividend of $15.54, which amounts to a dividend yield of 1.15%.
| Dividend Per Share | $15.54 |
| Dividend Yield | 1.15% |
| Dividend Growth (YoY) | 37.14% |
| Payout Ratio | 78.84% |
| Earnings Yield | 1.49% |
| FCF Yield | 0.21% |
Analyst Forecast
The average price target for TPL is $917, which is -31% lower than the current price. The consensus rating is "Buy".
| Price Target | $917 |
| Price Target Difference | -31% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Mar 27, 2024. It was a forward split with a ratio of 3:1.
| Last Split Date | Mar 27, 2024 |
| Split Type | forward |
| Split Ratio | 3:1 |
Scores
| Altman Z-Score | 166.01 |
| Piotroski F-Score | 5 |