EXE logo

EXE EXE

UnknownUnknownN/A📅 Scored April 7, 2026
Price at analysis: $102.86
Crucible Score
53.7
C
Quality × Value Composite
KQI — Quality
49.5
C-
Fundamental Quality Index
KVI — Value
58.8
C
Valuation Attractiveness Index
Crucible Verdict — EXE

EXE trades at a 12% discount to fair value despite solid financial metrics, with Financial Quality leading at 69 and a respectable 61% earnings beat rate. The company's weak Market Position score of 26 and poor Management Effectiveness of 41 create concerning structural headwinds that offset its financial stability. EXE appears fairly valued given these operational limitations constraining upside potential.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality
68.7
Growth Profile
58.9
Moat Durability⚠
42.2
Management Effectiveness⚠
41.2
Diversification & Resilience⚠
50.0
Market Position
26.0
Weakest dimension: Market Position (26.0)

◆ KVI Value Dimensions

DCF Margin of Safety
59.5
FCF Yield & Cash Returns
65.5
Relative Valuation
87.8
Growth-Adjusted Value
22.0
Historical Valuation
43.1
Macro Context
77.8

◆ DCF Valuation Scenarios

Bear Case
$72.45
Base Case
$115.30
Bull Case
$168.52
Price at Analysis
$102.86
ScenarioFair ValueRev CAGR (5yr)Terminal MarginWACC
🔴 Bear$72.452.0%25.0%7.1%
🟢 Base$115.304.0%30.0%6.6%
🟢 Bull$168.527.0%35.0%6.1%
Key Assumptions: EXE is an E&P company with highly volatile revenue ($4.2B-$11.6B range) and margins (-19% to 40% operating), reflecting commodity price sensitivity. WACC is low (6.1%-7.1%) given the 0.46 beta and 4.35% risk-free rate, using a 5% ERP appropriate for a low-beta energy name. Tax rate assumed at 15% given historical negative effective rates from deferred tax benefits, with capex intensity at 18% of revenue reflecting the recent declining capital spending trend from ~24% historically. Base case assumes modest 4% revenue CAGR anchored to mid-cycle commodity prices with 30% terminal operating margins.

◆ Financial Snapshot

Profitability

Gross Margin50.1%
Operating Margin19.2%
Net Margin15.3%
ROIC4.6%
ROE81.2%

Balance Sheet

Balance SheetCR: 1.01
Cash ConversionFCF/EPS: 0.94x
Capital IntensityCapex/Rev: 23.5%
Altman Z-Score2.48 (Grey)
Piotroski F-Score8/9 (Strong)

Growth

Revenue CAGR13.5% CAGR
Earnings CAGR-26.8% CAGR (suspect)
Growth ConsistencyCV: 3.42
Segment Breadth5/5 growing (100%)
Quarterly TrendRev↗+52%, Margin↑, WC↓, Exp↓
Earnings CredibilityTends to Beat

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership< 1%
Insider ActivityBuying
Capital AllocationROIC 4.6% vs WACC 3.7%
Earnings Beat Rate61% (13/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+
MethodologyAll ScoresCrucible BriefsPerformance@KaladinCI

Analysis conducted April 7, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.

© 2026 Kaladin Capital Intelligence — Conviction Through Scrutiny