(BSM) Black Stone Minerals - Ratings and Ratios
Oil, Natural Gas, Mineral Rights, Royalties
BSM EPS (Earnings per Share)
BSM Revenue
Description: BSM Black Stone Minerals
Black Stone Minerals, L.P. is a leading owner and manager of oil and natural gas mineral interests, boasting a vast portfolio of mineral interests across 41 states in the United States, with a total of approximately 16.8 million gross acres. The companys diverse holdings also include nonparticipating royalty interests in 1.8 million gross acres and overriding royalty interests in 1.6 million gross acres.
From a financial perspective, Black Stone Minerals has demonstrated a strong return on equity (RoE) of 21.16%, indicating effective utilization of shareholder capital. With a market capitalization of $2.65 billion, the companys stock (BSM) is listed on the NYSE, providing liquidity to investors. The current price-to-earnings (P/E) ratio of 13.62 and forward P/E of 7.17 suggest a relatively attractive valuation compared to its earnings growth prospects.
Key performance indicators (KPIs) such as production growth rate, reserve replacement ratio, and finding and development (F&D) costs are crucial in evaluating the companys operational efficiency. Although not directly available, we can infer that Black Stone Minerals extensive acreage position and diversified royalty interests are likely to contribute to stable cash flows. To further assess the companys prospects, we can analyze its hedging strategy, debt-to-equity ratio, and dividend yield, which are essential metrics for investors seeking exposure to the energy sector.
Considering the current market dynamics, Black Stone Minerals business model, which is focused on royalty interests, provides a relatively stable source of income, as it is less exposed to the operational risks associated with exploration and production activities. As a Trading Analyst, it is essential to monitor the companys production growth, commodity price exposure, and overall market trends to make informed investment decisions.
BSM Stock Overview
| Market Cap in USD | 2,602m |
| Sub-Industry | Oil & Gas Exploration & Production |
| IPO / Inception | 2015-05-01 |
BSM Stock Ratings
| Growth Rating | 40.6% |
| Fundamental | 73.7% |
| Dividend Rating | 88.0% |
| Return 12m vs S&P 500 | -21.3% |
| Analyst Rating | 3.0 of 5 |
BSM Dividends
| Dividend Yield 12m | 11.16% |
| Yield on Cost 5y | 32.91% |
| Annual Growth 5y | 18.66% |
| Payout Consistency | 93.1% |
| Payout Ratio | 109.2% |
BSM Growth Ratios
| Growth Correlation 3m | -83.2% |
| Growth Correlation 12m | -40% |
| Growth Correlation 5y | 85.6% |
| CAGR 5y | 22.73% |
| CAGR/Max DD 5y | 0.89 |
| Sharpe Ratio 12m | 0.57 |
| Alpha | -20.51 |
| Beta | 0.637 |
| Volatility | 22.92% |
| Current Volume | 389.9k |
| Average Volume 20d | 474.6k |
| Stop Loss | 11.6 (-3.7%) |
| Signal | 0.24 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (275.1m TTM) > 0 and > 6% of Revenue (6% = 22.6m TTM) |
| FCFTA 0.18 (>2.0%) and ΔFCFTA -16.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 17.10% (prev 21.81%; Δ -4.71pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.26 (>3.0%) and CFO 329.5m > Net Income 275.1m (YES >=105%, WARN >=100%) |
| Net Debt (96.5m) to EBITDA (321.6m) ratio: 0.30 <= 3.0 (WARN <= 3.5) |
| Current Ratio 3.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (226.8m) change vs 12m ago 7.62% (target <= -2.0% for YES) |
| Gross Margin 74.08% (prev 70.75%; Δ 3.34pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 30.32% (prev 32.96%; Δ -2.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 50.96 (EBITDA TTM 321.6m / Interest Expense TTM 5.52m) >= 6 (WARN >= 3) |
Altman Z'' 2.66
| (A) 0.05 = (Total Current Assets 93.4m - Total Current Liabilities 29.0m) / Total Assets 1.27b |
| (B) -1.37 = Retained Earnings (Balance) -1.74b / Total Assets 1.27b |
| warn (B) unusual magnitude: -1.37 — check mapping/units |
| (C) 0.23 = EBIT TTM 281.4m / Avg Total Assets 1.24b |
| (D) 5.02 = Book Value of Equity 829.0m / Total Liabilities 165.3m |
| Total Rating: 2.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.68
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 8.18% = 4.09 |
| 3. FCF Margin 59.25% = 7.50 |
| 4. Debt/Equity 0.11 = 2.49 |
| 5. Debt/Ebitda 0.40 = 2.38 |
| 6. ROIC - WACC 11.08% = 12.50 |
| 7. RoE 32.72% = 2.50 |
| 8. Rev. Trend -75.10% = -3.75 |
| 9. Rev. CAGR -39.67% = -2.50 |
| 10. EPS Trend -61.40% = -1.54 |
| 11. EPS CAGR -11.94% = -1.49 |
What is the price of BSM shares?
Over the past week, the price has changed by -2.57%, over one month by +3.52%, over three months by -7.91% and over the past year by -9.71%.
Is Black Stone Minerals a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BSM is around 13.33 USD . This means that BSM is currently undervalued and has a potential upside of +10.62% (Margin of Safety).
Is BSM a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the BSM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13 | 7.9% |
| Analysts Target Price | 14 | 16.2% |
| ValueRay Target Price | 14.8 | 22.8% |
Last update: 2025-08-18 02:03
BSM Fundamental Data Overview
CCE Cash And Equivalents = 2.52m USD (Cash only, last quarter)
P/E Trailing = 10.5862
P/E Forward = 7.1736
P/S = 6.2889
P/B = 2.3594
P/EG = 1.22
Beta = 0.236
Revenue TTM = 376.7m USD
EBIT TTM = 281.4m USD
EBITDA TTM = 321.6m USD
Long Term Debt = 99.0m USD (from longTermDebt, last quarter)
Short Term Debt = 29.0m USD (from totalCurrentLiabilities, last quarter)
Debt = 128.0m USD (Calculated: Short Term 29.0m + Long Term 99.0m)
Net Debt = 96.5m USD (from netDebt column, last quarter)
Enterprise Value = 2.73b USD (2.60b + Debt 128.0m - CCE 2.52m)
Interest Coverage Ratio = 50.96 (Ebit TTM 281.4m / Interest Expense TTM 5.52m)
FCF Yield = 8.18% (FCF TTM 223.2m / Enterprise Value 2.73b)
FCF Margin = 59.25% (FCF TTM 223.2m / Revenue TTM 376.7m)
Net Margin = 73.03% (Net Income TTM 275.1m / Revenue TTM 376.7m)
Gross Margin = 74.08% ((Revenue TTM 376.7m - Cost of Revenue TTM 97.6m) / Revenue TTM)
Tobins Q-Ratio = 3.29 (Enterprise Value 2.73b / Book Value Of Equity 829.0m)
Interest Expense / Debt = 1.77% (Interest Expense 2.27m / Debt 128.0m)
Taxrate = 21.0% (US default)
NOPAT = 222.3m (EBIT 281.4m * (1 - 21.00%))
Current Ratio = 3.22 (Total Current Assets 93.4m / Total Current Liabilities 29.0m)
Debt / Equity = 0.11 (Debt 128.0m / last Fiscal Year total Stockholder Equity 1.13b)
Debt / EBITDA = 0.40 (Net Debt 96.5m / EBITDA 321.6m)
Debt / FCF = 0.57 (Debt 128.0m / FCF TTM 223.2m)
Total Stockholder Equity = 840.7m (last 4 quarters mean)
RoA = 21.69% (Net Income 275.1m, Total Assets 1.27b )
RoE = 32.72% (Net Income TTM 275.1m / Total Stockholder Equity 840.7m)
RoCE = 29.94% (Ebit 281.4m / (Equity 840.7m + L.T.Debt 99.0m))
RoIC = 19.11% (NOPAT 222.3m / Invested Capital 1.16b)
WACC = 8.03% (E(2.60b)/V(2.73b) * Re(8.36%)) + (D(128.0m)/V(2.73b) * Rd(1.77%) * (1-Tc(0.21)))
Shares Correlation 5-Years: 40.0 | Cagr: 0.30%
Discount Rate = 8.36% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 78.22% ; FCFE base≈299.7m ; Y1≈322.2m ; Y5≈395.1m
Fair Price DCF = 30.67 (DCF Value 6.50b / Shares Outstanding 211.9m; 5y FCF grow 8.44% → 3.0% )
Revenue Correlation: -75.10 | Revenue CAGR: -39.67%
Rev Growth-of-Growth: 31.99
EPS Correlation: -61.40 | EPS CAGR: -11.94%
EPS Growth-of-Growth: 19.22
Additional Sources for BSM Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle