CAPITAL PRODUCT PARTNERS LP (CPLP) Stock Fundamental Analysis
USA - NASDAQ:CPLP - MHY110822068
16.77 USD
+0.35 (+2.13%)
Overall CPLP gets a fundamental rating of 3 out of 10. We evaluated CPLP against 35 industry peers in the Marine Transportation industry. There are concerns on the financial health of CPLP while its profitability can be described as average. CPLP is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year CPLP was profitable.
Of the past 5 years CPLP 4 years were profitable.
Each year in the past 5 years CPLP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.41%, CPLP is doing worse than 67.86% of the companies in the same industry.
The Return On Equity of CPLP (7.82%) is worse than 67.86% of its industry peers.
With a Return On Invested Capital value of 3.92%, CPLP is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for CPLP is significantly below the industry average of 18.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 7.82% | ||
| ROIC | 3.92% |
ROA(3y)4.15%
ROA(5y)-0.98%
ROE(3y)13.52%
ROE(5y)2.27%
ROIC(3y)4.41%
ROIC(5y)4.62%
1.3 Margins
CPLP has a better Profit Margin (24.47%) than 64.29% of its industry peers.
CPLP's Profit Margin has declined in the last couple of years.
CPLP has a better Operating Margin (47.69%) than 85.71% of its industry peers.
In the last couple of years the Operating Margin of CPLP has grown nicely.
The Gross Margin of CPLP (96.65%) is better than 100.00% of its industry peers.
In the last couple of years the Gross Margin of CPLP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.69% | ||
| PM (TTM) | 24.47% | ||
| GM | 96.65% |
OM growth 3Y10.35%
OM growth 5Y6.14%
PM growth 3Y-15.08%
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y0.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CPLP is destroying value.
The number of shares outstanding for CPLP has been increased compared to 1 year ago.
The number of shares outstanding for CPLP has been increased compared to 5 years ago.
Compared to 1 year ago, CPLP has an improved debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 1.99 is on the high side and indicates that CPLP has dependencies on debt financing.
CPLP's Debt to Equity ratio of 1.99 is on the low side compared to the rest of the industry. CPLP is outperformed by 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.99 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.62
WACC6.29%
2.3 Liquidity
A Current Ratio of 0.53 indicates that CPLP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.53, CPLP is doing worse than 92.86% of the companies in the same industry.
A Quick Ratio of 0.53 indicates that CPLP may have some problems paying its short term obligations.
The Quick ratio of CPLP (0.53) is worse than 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The earnings per share for CPLP have decreased strongly by -58.79% in the last year.
CPLP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.23% yearly.
Looking at the last year, CPLP shows a very strong growth in Revenue. The Revenue has grown by 22.37%.
Measured over the past years, CPLP shows a very strong growth in Revenue. The Revenue has been growing by 25.12% on average per year.
EPS 1Y (TTM)-58.79%
EPS 3Y10.69%
EPS 5Y17.23%
EPS Q2Q%-8.33%
Revenue 1Y (TTM)22.37%
Revenue growth 3Y36.78%
Revenue growth 5Y25.12%
Sales Q2Q%10.32%
3.2 Future
Based on estimates for the next years, CPLP will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.00% on average per year.
Based on estimates for the next years, CPLP will show a quite strong growth in Revenue. The Revenue will grow by 19.57% on average per year.
EPS Next Y-16.51%
EPS Next 2Y-4.83%
EPS Next 3Y-6.55%
EPS Next 5Y11%
Revenue Next Year25.79%
Revenue Next 2Y14.94%
Revenue Next 3Y15.44%
Revenue Next 5Y19.57%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.51 indicates a reasonable valuation of CPLP.
CPLP's Price/Earnings is on the same level as the industry average.
CPLP is valuated cheaply when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.53, which indicates a very decent valuation of CPLP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPLP is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CPLP to the average of the S&P500 Index (22.50), we can say CPLP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.51 | ||
| Fwd PE | 8.53 |
4.2 Price Multiples
85.71% of the companies in the same industry are cheaper than CPLP, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.57 |
4.3 Compensation for Growth
CPLP's earnings are expected to decrease with -6.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y-4.83%
EPS Next 3Y-6.55%
5. Dividend
5.1 Amount
CPLP has a Yearly Dividend Yield of 3.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.34, CPLP has a dividend in line with its industry peers.
CPLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
5.2 History
The dividend of CPLP decreases each year by -35.41%.
CPLP has been paying a dividend for at least 10 years, so it has a reliable track record.
CPLP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-35.41%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
CPLP pays out 6.28% of its income as dividend. This is a sustainable payout ratio.
DP6.28%
EPS Next 2Y-4.83%
EPS Next 3Y-6.55%
NASDAQ:CPLP (8/23/2024, 8:00:00 PM)
16.77
+0.35 (+2.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap926.37M
Revenue(TTM)393.20M
Net Income(TTM)96.22M
Analysts82.22
Price Target22.19 (32.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
Yearly Dividend0.33
Dividend Growth(5Y)-35.41%
DP6.28%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)42.22%
Min EPS beat(2)-5.88%
Max EPS beat(2)90.31%
EPS beat(4)2
Avg EPS beat(4)24.17%
Min EPS beat(4)-14.44%
Max EPS beat(4)90.31%
EPS beat(8)4
Avg EPS beat(8)24.53%
EPS beat(12)7
Avg EPS beat(12)25.93%
EPS beat(16)9
Avg EPS beat(16)21.09%
Revenue beat(2)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-2.92%
Max Revenue beat(2)3.4%
Revenue beat(4)2
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-2.92%
Max Revenue beat(4)6.13%
Revenue beat(8)5
Avg Revenue beat(8)2.2%
Revenue beat(12)8
Avg Revenue beat(12)3.73%
Revenue beat(16)11
Avg Revenue beat(16)3.2%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-2.5%
EPS NQ rev (3m)3.77%
EPS NY rev (1m)12.18%
EPS NY rev (3m)-11.41%
Revenue NQ rev (1m)3.49%
Revenue NQ rev (3m)3.49%
Revenue NY rev (1m)2.13%
Revenue NY rev (3m)-6.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.51 | ||
| Fwd PE | 8.53 | ||
| P/S | 2.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 12.57 |
EPS(TTM)1.97
EY11.75%
EPS(NY)1.97
Fwd EY11.72%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS7.12
BVpS22.27
TBVpS22.27
PEG (NY)N/A
PEG (5Y)0.49
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 7.82% | ||
| ROCE | 4.96% | ||
| ROIC | 3.92% | ||
| ROICexc | 4.01% | ||
| ROICexgc | 4.01% | ||
| OM | 47.69% | ||
| PM (TTM) | 24.47% | ||
| GM | 96.65% | ||
| FCFM | N/A |
ROA(3y)4.15%
ROA(5y)-0.98%
ROE(3y)13.52%
ROE(5y)2.27%
ROIC(3y)4.41%
ROIC(5y)4.62%
ROICexc(3y)4.69%
ROICexc(5y)4.95%
ROICexgc(3y)4.69%
ROICexgc(5y)4.95%
ROCE(3y)5.59%
ROCE(5y)5.85%
ROICexgc growth 3Y-3.9%
ROICexgc growth 5Y13.29%
ROICexc growth 3Y-3.9%
ROICexc growth 5Y13.29%
OM growth 3Y10.35%
OM growth 5Y6.14%
PM growth 3Y-15.08%
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y0.77%
F-ScoreN/A
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.99 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.02 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC6.29%
ROIC/WACC0.62
Cap/Depr(3y)503.12%
Cap/Depr(5y)395.78%
Cap/Sales(3y)122.72%
Cap/Sales(5y)101.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-58.79%
EPS 3Y10.69%
EPS 5Y17.23%
EPS Q2Q%-8.33%
EPS Next Y-16.51%
EPS Next 2Y-4.83%
EPS Next 3Y-6.55%
EPS Next 5Y11%
Revenue 1Y (TTM)22.37%
Revenue growth 3Y36.78%
Revenue growth 5Y25.12%
Sales Q2Q%10.32%
Revenue Next Year25.79%
Revenue Next 2Y14.94%
Revenue Next 3Y15.44%
Revenue Next 5Y19.57%
EBIT growth 1Y31.14%
EBIT growth 3Y50.95%
EBIT growth 5Y32.8%
EBIT Next Year104.49%
EBIT Next 3Y38.14%
EBIT Next 5Y39.19%
FCF growth 1Y-602.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.72%
OCF growth 3Y32.89%
OCF growth 5Y14.11%
CAPITAL PRODUCT PARTNERS LP / CPLP FAQ
What is the ChartMill fundamental rating of CAPITAL PRODUCT PARTNERS LP (CPLP) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CPLP.
What is the valuation status for CPLP stock?
ChartMill assigns a valuation rating of 3 / 10 to CAPITAL PRODUCT PARTNERS LP (CPLP). This can be considered as Overvalued.
Can you provide the profitability details for CAPITAL PRODUCT PARTNERS LP?
CAPITAL PRODUCT PARTNERS LP (CPLP) has a profitability rating of 4 / 10.
Can you provide the financial health for CPLP stock?
The financial health rating of CAPITAL PRODUCT PARTNERS LP (CPLP) is 0 / 10.
What is the expected EPS growth for CAPITAL PRODUCT PARTNERS LP (CPLP) stock?
The Earnings per Share (EPS) of CAPITAL PRODUCT PARTNERS LP (CPLP) is expected to decline by -16.51% in the next year.