19 years of historical data (2006–2024) · Energy · Oil & Gas Exploration & Production
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ring Energy, Inc. trades at 4.1x earnings, 81% below its 5-year average of 21.3x, sitting at the 43rd percentile of its historical range. Compared to the Energy sector median P/E of 16.8x, the stock trades at a discount of 75%. On a free-cash-flow basis, the stock trades at 7.7x P/FCF, 10% above the 5-year average of 7.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $292M | $272M | $285M | $349M | $276M | $48M | $176M | $309M | $734M | $503M | $199M |
| Enterprise Value | $679M | $660M | $715M | $764M | $567M | $359M | $535M | $345M | $719M | $432M | $240M |
| P/E Ratio → | 4.15 | 4.00 | 2.70 | 2.51 | 76.00 | — | 6.00 | 33.87 | 463.33 | — | — |
| P/S Ratio | 0.80 | 0.74 | 0.79 | 1.00 | 1.41 | 0.43 | 0.90 | 2.57 | 11.00 | 16.30 | 6.41 |
| P/B Ratio | 0.33 | 0.32 | 0.36 | 0.53 | 0.92 | 0.16 | 0.34 | 0.67 | 2.06 | 1.73 | 1.07 |
| P/FCF | 7.67 | 7.15 | 6.64 | 5.30 | 14.18 | 1.70 | — | — | — | — | — |
| P/OCF | 1.50 | 1.40 | 1.44 | 1.77 | 3.80 | 0.67 | 1.65 | 4.39 | 17.15 | 44.84 | 20.18 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ring Energy, Inc.'s enterprise value stands at 2.9x EBITDA, 11% below its 5-year average of 3.3x. The Energy sector median is 7.3x, placing the stock at a 60% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.80 | 1.98 | 2.20 | 2.89 | 3.18 | 2.74 | 2.88 | 10.78 | 14.00 | 7.74 |
| EV / EBITDA | 2.93 | 2.85 | 3.05 | 3.09 | 4.26 | — | 4.56 | 5.79 | 19.40 | — | 128.99 |
| EV / EBIT | 5.11 | 5.03 | 4.80 | 4.49 | 31.65 | — | 9.37 | 26.82 | 59.08 | — | — |
| EV / FCF | — | 17.32 | 16.64 | 11.62 | 29.07 | 12.69 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Ring Energy, Inc. earns an operating margin of 36.3%, significantly above the Energy sector average of 13.9%. Operating margins have compressed from 55.2% to 36.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.2% is modest. ROIC of 8.1% represents adequate returns on invested capital versus a sector median of 6.8%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.7% | 44.7% | 48.9% | 63.3% | 57.3% | 24.6% | 41.4% | 39.7% | 40.6% | 25.9% | 14.2% |
| Operating Margin | 36.3% | 36.3% | 40.4% | 55.2% | 48.8% | -237.7% | 30.7% | 16.6% | 23.9% | -184.9% | -42.9% |
| Net Profit Margin | 18.4% | 18.4% | 29.0% | 39.9% | 1.7% | -224.2% | 15.1% | 7.5% | 2.6% | -122.0% | -29.2% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.2% | 8.2% | 14.5% | 28.8% | 1.1% | -61.9% | 6.0% | 2.2% | 0.5% | -15.8% | -5.5% |
| ROA | 4.8% | 4.8% | 7.9% | 14.2% | 0.5% | -31.0% | 3.8% | 1.8% | 0.5% | -13.5% | -4.3% |
| ROIC | 8.1% | 8.1% | 9.5% | 17.2% | 12.0% | -27.1% | 6.5% | 3.6% | 4.3% | -19.1% | -5.5% |
| ROCE | 10.4% | 10.4% | 12.2% | 22.1% | 15.5% | -34.9% | 8.4% | 4.5% | 4.8% | -21.2% | -6.8% |
Solvency and debt-coverage ratios — lower is generally safer
Ring Energy, Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (32% below the sector average of 2.5x). Net debt stands at $387M ($389M total debt minus $2M cash). Interest coverage of 3.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 0.55 | 0.63 | 0.97 | 1.07 | 0.70 | 0.09 | — | — | 0.25 |
| Debt / EBITDA | 1.68 | 1.68 | 1.83 | 1.69 | 2.20 | — | 3.15 | 0.66 | — | — | 24.66 |
| Net Debt / Equity | — | 0.45 | 0.55 | 0.63 | 0.97 | 1.06 | 0.69 | 0.08 | -0.04 | -0.24 | 0.22 |
| Net Debt / EBITDA | 1.67 | 1.67 | 1.83 | 1.68 | 2.18 | — | 3.06 | 0.61 | -0.41 | — | 22.28 |
| Debt / FCF | — | 10.17 | 10.00 | 6.32 | 14.89 | 10.99 | — | — | — | — | — |
| Interest Coverage | 3.07 | 3.07 | 3.32 | 8.28 | 6.61 | -15.25 | 4.34 | 46.65 | — | -87.88 | -17.77 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.48x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.48 | 0.48 | 0.49 | 0.45 | 0.39 | 0.56 | 0.66 | 0.32 | 0.60 | 8.27 | 0.77 |
| Quick Ratio | 0.44 | 0.44 | 0.44 | 0.38 | 0.39 | 0.56 | 100.35 | 0.32 | 0.60 | 8.27 | 0.77 |
| Cash Ratio | 0.02 | 0.02 | 0.00 | 0.03 | 0.03 | 0.10 | 0.17 | 0.06 | 0.31 | 7.81 | 0.39 |
| Asset Turnover | — | 0.26 | 0.26 | 0.27 | 0.29 | 0.17 | 0.20 | 0.21 | 0.16 | 0.10 | 0.12 |
| Inventory Turnover | 50.00 | 50.00 | 30.09 | 13.77 | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 37.12 | 41.84 | 45.65 | 49.20 | 54.33 | 46.11 | 40.19 | 76.00 | 46.23 | 48.69 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ring Energy, Inc. returns 0.3% to shareholders annually primarily through share buybacks. The earnings yield of 24.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 24.1% | 25.0% | 37.0% | 39.8% | 1.3% | — | 16.7% | 3.0% | 0.2% | — | — |
| FCF Yield | 13.0% | 14.0% | 15.1% | 18.9% | 7.1% | 58.9% | — | — | — | — | — |
| Buyback Yield | 0.3% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.3% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $200M | $195M | $142M | $121M | $73M | $67M | $61M | $53M | $39M | $28M |
Compare REI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| REIYou | $292M | 4.1 | 2.9 | 7.7 | 44.7% | 36.3% | 8.2% | 8.1% | 1.7 |
| CRC | $5.4T | 12.7 | 4761.3 | 9999.0 | 40.6% | 22.0% | 13.1% | 14.5% | 1.1 |
| CRGY | $4B | 21.6 | 6.7 | 2.3 | 88.6% | 6.4% | 2.8% | 1.9% | 4.0 |
| MNR | $2B | 6.9 | 5.1 | 7.7 | 34.2% | 30.0% | 15.5% | 11.7% | 1.4 |
| TXO | $686M | 19.3 | 14.6 | — | 28.3% | -2.4% | 4.3% | -0.8% | 2.7 |
| SD | $645M | 10.4 | 8.3 | 13.6 | 36.7% | 26.5% | 13.6% | 8.6% | — |
| PNRG | $327M | 9.1 | 2.3 | — | 37.5% | 29.4% | 30.5% | 28.5% | 0.1 |
| BRY | $253M | 13.0 | 2.1 | 2.3 | 36.4% | 19.5% | 2.6% | 9.8% | 1.3 |
| EPM | $156M | 134.6 | 7.3 | 13.7 | 16.9% | 4.9% | 1.9% | 2.8% | 1.4 |
| EP | $113M | -6.1 | — | — | 7.9% | -31.0% | -33.2% | -19.3% | — |
| MXC | $23M | 13.8 | 4.8 | 26.9 | 44.9% | 26.5% | 9.4% | 9.1% | 0.0 |
| Energy Median | — | 16.8 | 7.3 | 11.5 | 35.3% | 13.9% | 8.2% | 6.8% | 2.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 19 years · Updated daily
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Start ComparisonRing Energy, Inc.'s current P/E ratio is 4.1x. The historical average is 22.4x. This places it at the 43th percentile of its historical range.
Ring Energy, Inc.'s current EV/EBITDA is 2.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.6x.
Ring Energy, Inc.'s return on equity (ROE) is 8.2%. The historical average is -5.4%.
Based on historical data, Ring Energy, Inc. is trading at a P/E of 4.1x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ring Energy, Inc. has 44.7% gross margin and 36.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Ring Energy, Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.