CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - NYSE:CQP - US16411Q1013
51.68 USD
-0.05 (-0.1%)
51.68 USD
0 (0%)
Taking everything into account, CQP scores 5 out of 10 in our fundamental rating. CQP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While CQP belongs to the best of the industry regarding profitability, there are concerns on its financial health. CQP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CQP had positive earnings in the past year.
CQP had a positive operating cash flow in the past year.
CQP had positive earnings in each of the past 5 years.
In the past 5 years CQP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.05%, CQP belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 15.91%, CQP belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CQP is below the industry average of 21.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | N/A | ||
| ROIC | 15.91% |
ROA(3y)12.81%
ROA(5y)10.3%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)18.68%
ROIC(5y)15.3%
1.3 Margins
CQP's Profit Margin of 18.04% is fine compared to the rest of the industry. CQP outperforms 70.95% of its industry peers.
CQP's Profit Margin has improved in the last couple of years.
CQP has a Operating Margin of 29.58%. This is in the better half of the industry: CQP outperforms 72.38% of its industry peers.
CQP's Operating Margin has improved in the last couple of years.
CQP has a Gross Margin of 37.30%. This is comparable to the rest of the industry: CQP outperforms 47.62% of its industry peers.
In the last couple of years the Gross Margin of CQP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.58% | ||
| PM (TTM) | 18.04% | ||
| GM | 37.3% |
OM growth 3Y11.45%
OM growth 5Y5.45%
PM growth 3Y15.45%
PM growth 5Y8.25%
GM growth 3Y11.12%
GM growth 5Y4.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CQP is creating value.
CQP has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CQP remains at a similar level compared to 5 years ago.
The debt/assets ratio for CQP has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CQP is 5.83, which is a neutral value as it means it would take CQP, 5.83 years of fcf income to pay off all of its debts.
CQP's Debt to FCF ratio of 5.83 is fine compared to the rest of the industry. CQP outperforms 60.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC2.02
WACC7.86%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CQP may have some problems paying its short term obligations.
With a Current ratio value of 0.66, CQP is not doing good in the industry: 78.10% of the companies in the same industry are doing better.
A Quick Ratio of 0.57 indicates that CQP may have some problems paying its short term obligations.
CQP has a worse Quick ratio (0.57) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for CQP have decreased strongly by -17.28% in the last year.
CQP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.56% yearly.
CQP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.43%.
The Revenue has been growing slightly by 4.94% on average over the past years.
EPS 1Y (TTM)-17.28%
EPS 3Y12.44%
EPS 5Y13.56%
EPS Q2Q%-25.93%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y-2.65%
Revenue growth 5Y4.94%
Sales Q2Q%16.98%
3.2 Future
CQP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.53% yearly.
CQP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.21% yearly.
EPS Next Y-3.13%
EPS Next 2Y1.67%
EPS Next 3Y0.61%
EPS Next 5Y0.53%
Revenue Next Year27.03%
Revenue Next 2Y15.99%
Revenue Next 3Y10.4%
Revenue Next 5Y5.21%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.49, CQP is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CQP is on the same level as its industry peers.
CQP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.13.
Based on the Price/Forward Earnings ratio of 11.76, the valuation of CQP can be described as reasonable.
Based on the Price/Forward Earnings ratio, CQP is valued a bit cheaper than 61.43% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, CQP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CQP is on the same level as its industry peers.
78.57% of the companies in the same industry are more expensive than CQP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.88 | ||
| EV/EBITDA | 10.62 |
4.3 Compensation for Growth
CQP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y1.67%
EPS Next 3Y0.61%
5. Dividend
5.1 Amount
CQP has a Yearly Dividend Yield of 6.15%, which is a nice return.
CQP's Dividend Yield is a higher than the industry average which is at 6.83.
Compared to an average S&P500 Dividend Yield of 2.39, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
5.2 History
On average, the dividend of CQP grows each year by 12.15%, which is quite nice.
CQP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)12.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CQP pays out 109.95% of its income as dividend. This is not a sustainable payout ratio.
CQP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP109.95%
EPS Next 2Y1.67%
EPS Next 3Y0.61%
51.68
-0.05 (-0.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.64%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner Change7.37%
Market Cap25.02B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target57.48 (11.22%)
Short Float %1.59%
Short Ratio6.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.15% |
Yearly Dividend4.62
Dividend Growth(5Y)12.15%
DP109.95%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-15.52%
Min EPS beat(2)-24.09%
Max EPS beat(2)-6.94%
EPS beat(4)0
Avg EPS beat(4)-9.68%
Min EPS beat(4)-24.09%
Max EPS beat(4)-3.62%
EPS beat(8)4
Avg EPS beat(8)8.22%
EPS beat(12)7
Avg EPS beat(12)32.6%
EPS beat(16)8
Avg EPS beat(16)2.28%
Revenue beat(2)0
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-3.84%
Max Revenue beat(2)-3.27%
Revenue beat(4)2
Avg Revenue beat(4)0.81%
Min Revenue beat(4)-3.84%
Max Revenue beat(4)6.41%
Revenue beat(8)4
Avg Revenue beat(8)-0.16%
Revenue beat(12)6
Avg Revenue beat(12)-1.17%
Revenue beat(16)10
Avg Revenue beat(16)3.66%
PT rev (1m)-0.59%
PT rev (3m)-1.39%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)2.38%
EPS NY rev (1m)-1.35%
EPS NY rev (3m)-3.32%
Revenue NQ rev (1m)-1.94%
Revenue NQ rev (3m)-3.51%
Revenue NY rev (1m)-3.97%
Revenue NY rev (3m)-4.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 11.76 | ||
| P/S | 2.43 | ||
| P/FCF | 9.88 | ||
| P/OCF | 9.07 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.62 |
EPS(TTM)3.83
EY7.41%
EPS(NY)4.39
Fwd EY8.5%
FCF(TTM)5.23
FCFY10.12%
OCF(TTM)5.7
OCFY11.02%
SpS21.3
BVpS-0.72
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)0.99
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | N/A | ||
| ROCE | 20.14% | ||
| ROIC | 15.91% | ||
| ROICexc | 16.04% | ||
| ROICexgc | 16.04% | ||
| OM | 29.58% | ||
| PM (TTM) | 18.04% | ||
| GM | 37.3% | ||
| FCFM | 24.56% |
ROA(3y)12.81%
ROA(5y)10.3%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)18.68%
ROIC(5y)15.3%
ROICexc(3y)19.35%
ROICexc(5y)15.95%
ROICexgc(3y)19.35%
ROICexgc(5y)15.95%
ROCE(3y)23.64%
ROCE(5y)19.37%
ROICexgc growth 3Y12.26%
ROICexgc growth 5Y12.29%
ROICexc growth 3Y12.26%
ROICexc growth 5Y12.29%
OM growth 3Y11.45%
OM growth 5Y5.45%
PM growth 3Y15.45%
PM growth 5Y8.25%
GM growth 3Y11.12%
GM growth 5Y4.13%
F-Score5
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Debt/EBITDA | 3.79 | ||
| Cap/Depr | 32.8% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.82% | ||
| Profit Quality | 136.13% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | N/A |
F-Score5
WACC7.86%
ROIC/WACC2.02
Cap/Depr(3y)42.17%
Cap/Depr(5y)83.85%
Cap/Sales(3y)2.22%
Cap/Sales(5y)5.86%
Profit Quality(3y)152.04%
Profit Quality(5y)128.49%
High Growth Momentum
Growth
EPS 1Y (TTM)-17.28%
EPS 3Y12.44%
EPS 5Y13.56%
EPS Q2Q%-25.93%
EPS Next Y-3.13%
EPS Next 2Y1.67%
EPS Next 3Y0.61%
EPS Next 5Y0.53%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y-2.65%
Revenue growth 5Y4.94%
Sales Q2Q%16.98%
Revenue Next Year27.03%
Revenue Next 2Y15.99%
Revenue Next 3Y10.4%
Revenue Next 5Y5.21%
EBIT growth 1Y-14.57%
EBIT growth 3Y8.5%
EBIT growth 5Y10.67%
EBIT Next Year22.85%
EBIT Next 3Y6.31%
EBIT Next 5Y3.43%
FCF growth 1Y-30.34%
FCF growth 3Y19.65%
FCF growth 5Y67.1%
OCF growth 1Y-29.31%
OCF growth 3Y9.01%
OCF growth 5Y13.92%
CHENIERE ENERGY PARTNERS LP / CQP FAQ
What is the fundamental rating for CQP stock?
ChartMill assigns a fundamental rating of 5 / 10 to CQP.
Can you provide the valuation status for CHENIERE ENERGY PARTNERS LP?
ChartMill assigns a valuation rating of 5 / 10 to CHENIERE ENERGY PARTNERS LP (CQP). This can be considered as Fairly Valued.
What is the profitability of CQP stock?
CHENIERE ENERGY PARTNERS LP (CQP) has a profitability rating of 7 / 10.
What is the valuation of CHENIERE ENERGY PARTNERS LP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CHENIERE ENERGY PARTNERS LP (CQP) is 13.49 and the Price/Book (PB) ratio is -71.88.
What is the expected EPS growth for CHENIERE ENERGY PARTNERS LP (CQP) stock?
The Earnings per Share (EPS) of CHENIERE ENERGY PARTNERS LP (CQP) is expected to decline by -3.13% in the next year.