CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - NYSE:CQP - US16411Q1013
52.14 USD
-0.25 (-0.48%)
52.14 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CQP was profitable.
CQP had a positive operating cash flow in the past year.
Each year in the past 5 years CQP has been profitable.
Each year in the past 5 years CQP had a positive operating cash flow.
1.2 Ratios
CQP's Return On Assets of 11.05% is amongst the best of the industry. CQP outperforms 90.48% of its industry peers.
With an excellent Return On Invested Capital value of 15.91%, CQP belongs to the best of the industry, outperforming 93.81% 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 21.85%.
| 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 has a Profit Margin of 18.04%. This is in the better half of the industry: CQP outperforms 70.95% of its industry peers.
CQP's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 29.58%, CQP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of CQP has grown nicely.
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.
CQP's Gross Margin has improved in the last couple of years.
| 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
CQP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
CQP has about the same amout of shares outstanding than it did 1 year ago.
CQP has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for CQP has been reduced compared to a year ago.
2.2 Solvency
CQP has a debt to FCF ratio of 5.83. This is a neutral value as CQP would need 5.83 years to pay back of all of its debts.
CQP has a Debt to FCF ratio of 5.83. This is in the better half of the industry: CQP outperforms 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC2.06
WACC7.72%
2.3 Liquidity
CQP has a Current Ratio of 0.66. This is a bad value and indicates that CQP is not financially healthy enough and could expect problems in meeting its short term obligations.
CQP's Current ratio of 0.66 is on the low side compared to the rest of the industry. CQP is outperformed by 76.19% of its industry peers.
CQP has a Quick Ratio of 0.66. This is a bad value and indicates that CQP is not financially healthy enough and could expect problems in meeting its short term obligations.
CQP has a worse Quick ratio (0.57) than 76.67% 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.
Measured over the past years, CQP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.56% on average per year.
CQP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.43%.
CQP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.94% yearly.
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
CQP is valuated correctly with a Price/Earnings ratio of 13.61.
The rest of the industry has a similar Price/Earnings ratio as CQP.
CQP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.87, the valuation of CQP can be described as reasonable.
Based on the Price/Forward Earnings ratio, CQP is valued a bit cheaper than 64.29% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CQP to the average of the S&P500 Index (34.43), we can say CQP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 11.87 |
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.
Based on the Price/Free Cash Flow ratio, CQP is valued a bit cheaper than 78.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.97 | ||
| EV/EBITDA | 10.71 |
4.3 Compensation for Growth
The decent profitability rating of CQP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y1.67%
EPS Next 3Y0.61%
5. Dividend
5.1 Amount
CQP has a Yearly Dividend Yield of 6.25%, which is a nice return.
Compared to an average industry Dividend Yield of 5.89, CQP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
5.2 History
The dividend of CQP is nicely growing with an annual growth rate of 12.15%!
CQP has been paying a dividend for at least 10 years, so it has 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.
The dividend of CQP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP109.95%
EPS Next 2Y1.67%
EPS Next 3Y0.61%
52.14
-0.25 (-0.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.64%
Inst Owner Change0.08%
Ins Owners0.01%
Ins Owner Change7.37%
Market Cap25.24B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target57.48 (10.24%)
Short Float %1.59%
Short Ratio6.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
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)-1.26%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)-2.66%
EPS NY rev (1m)-5.01%
EPS NY rev (3m)-6.9%
Revenue NQ rev (1m)-1.33%
Revenue NQ rev (3m)-3.51%
Revenue NY rev (1m)-5.39%
Revenue NY rev (3m)-5.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 11.87 | ||
| P/S | 2.45 | ||
| P/FCF | 9.97 | ||
| P/OCF | 9.15 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.71 |
EPS(TTM)3.83
EY7.35%
EPS(NY)4.39
Fwd EY8.42%
FCF(TTM)5.23
FCFY10.03%
OCF(TTM)5.7
OCFY10.92%
SpS21.3
BVpS-0.72
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)1
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
WACC7.72%
ROIC/WACC2.06
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 13.61 and the Price/Book (PB) ratio is -72.52.
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.