CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CQP - US16411Q1013
52.51 USD
-0.67 (-1.26%)
52.6 USD
+0.09 (+0.17%)
Overall CQP gets a fundamental rating of 5 out of 10. We evaluated CQP against 209 industry peers in the Oil, Gas & Consumable Fuels industry. CQP scores excellent on profitability, but there are concerns on its financial health. CQP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CQP was profitable.
In the past year CQP had a positive cash flow from operations.
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
CQP has a better Return On Assets (11.05%) than 90.91% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.91%, CQP belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CQP is below the industry average of 21.66%.
| 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 better Profit Margin (18.04%) than 71.29% of its industry peers.
CQP's Profit Margin has improved in the last couple of years.
CQP has a better Operating Margin (29.58%) than 72.25% of its industry peers.
In the last couple of years the Operating Margin of CQP has grown nicely.
The Gross Margin of CQP (37.30%) is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CQP 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.
Compared to 1 year ago, CQP has an improved debt to assets ratio.
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.
With a decent Debt to FCF ratio value of 5.83, CQP is doing good in the industry, outperforming 62.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC1.99
WACC8.01%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CQP may have some problems paying its short term obligations.
The Current ratio of CQP (0.66) is worse than 76.08% 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 77.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
CQP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.28%.
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%.
Measured over the past years, CQP shows a small growth in Revenue. The Revenue has been growing by 4.94% on average per year.
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.
The Revenue is expected to grow by 5.21% on average over the next years.
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 13.71.
CQP's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CQP to the average of the S&P500 Index (25.45), we can say CQP is valued slightly cheaper.
A Price/Forward Earnings ratio of 11.95 indicates a reasonable valuation of CQP.
CQP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CQP is cheaper than 61.72% of the companies in the same industry.
CQP is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.71 | ||
| Fwd PE | 11.95 |
4.2 Price Multiples
CQP's Enterprise Value to EBITDA is on the same level as the industry average.
CQP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CQP is cheaper than 77.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.04 | ||
| EV/EBITDA | 10.72 |
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)1.01
EPS Next 2Y1.67%
EPS Next 3Y0.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.00%, CQP is a good candidate for dividend investing.
CQP's Dividend Yield is a higher than the industry average which is at 5.91.
Compared to an average S&P500 Dividend Yield of 2.42, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6% |
5.2 History
On average, the dividend of CQP grows each year by 12.15%, which is quite nice.
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
109.95% of the earnings are spent on dividend by CQP. 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%
52.51
-0.67 (-1.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.64%
Inst Owner Change-0.08%
Ins Owners0.01%
Ins Owner Change7.37%
Market Cap25.42B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target57.48 (9.46%)
Short Float %2.28%
Short Ratio7.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6% |
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)-0.18%
EPS NQ rev (1m)-0.84%
EPS NQ rev (3m)-2.02%
EPS NY rev (1m)-3.71%
EPS NY rev (3m)-4.83%
Revenue NQ rev (1m)-0.76%
Revenue NQ rev (3m)-1.33%
Revenue NY rev (1m)-1.48%
Revenue NY rev (3m)-5.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.71 | ||
| Fwd PE | 11.95 | ||
| P/S | 2.47 | ||
| P/FCF | 10.04 | ||
| P/OCF | 9.22 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.72 |
EPS(TTM)3.83
EY7.29%
EPS(NY)4.39
Fwd EY8.37%
FCF(TTM)5.23
FCFY9.96%
OCF(TTM)5.7
OCFY10.85%
SpS21.3
BVpS-0.72
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)1.01
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
WACC8.01%
ROIC/WACC1.99
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 13.71 and the Price/Book (PB) ratio is -73.04.
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.