CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
NYSE:CQP - New York Stock Exchange, Inc. - US16411Q1013
Taking everything into account, CQP scores 4 out of 10 in our fundamental rating. CQP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. CQP scores excellent on profitability, but there are concerns on its financial health. CQP is valued correctly, but it does not seem to be growing. CQP also has an excellent dividend rating.
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.
In the past 5 years CQP has always been profitable.
CQP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CQP (12.87%) is better than 84.80% of its industry peers.
CQP has a Return On Invested Capital of 18.01%. This is amongst the best in the industry. CQP outperforms 89.71% of its industry peers.
CQP had an Average Return On Invested Capital over the past 3 years of 16.95%. This is significantly below the industry average of 28.77%.
The last Return On Invested Capital (18.01%) for CQP is above the 3 year average (16.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.87% | ||
| ROE | N/A | ||
| ROIC | 18.01% |
ROA(3y)11.38%
ROA(5y)9.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.95%
ROIC(5y)13.71%
1.3 Margins
The Profit Margin of CQP (25.06%) is better than 73.04% of its industry peers.
In the last couple of years the Profit Margin of CQP has grown nicely.
Looking at the Operating Margin, with a value of 39.97%, CQP is in the better half of the industry, outperforming 78.43% of the companies in the same industry.
CQP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 48.86%, CQP is in line with its industry, outperforming 52.94% of the companies in the same industry.
In the last couple of years the Gross Margin of CQP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.97% | ||
| PM (TTM) | 25.06% | ||
| GM | 48.86% |
OM growth 3Y14.69%
OM growth 5Y9.92%
PM growth 3Y26.27%
PM growth 5Y12.99%
GM growth 3Y9.95%
GM growth 5Y8.28%
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.
Compared to 1 year ago, CQP has about the same amount of shares outstanding.
CQP has about the same amout of shares outstanding than it did 5 years ago.
CQP has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CQP is 5.44, which is a neutral value as it means it would take CQP, 5.44 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.44, CQP is in line with its industry, outperforming 56.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.44 | ||
| Altman-Z | N/A |
ROIC/WACC2.19
WACC8.23%
2.3 Liquidity
CQP has a Current Ratio of 0.69. This is a bad value and indicates that CQP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.69, CQP is doing worse than 78.43% of the companies in the same industry.
CQP has a Quick Ratio of 0.69. 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 Quick ratio of 0.61. This is in the lower half of the industry: CQP underperforms 77.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for CQP have decreased strongly by -41.76% in the last year.
The Earnings Per Share has been growing by 22.20% on average over the past years. This is a very strong growth
Looking at the last year, CQP shows a very negative growth in Revenue. The Revenue has decreased by -23.67% in the last year.
Measured over the past years, CQP shows a quite strong growth in Revenue. The Revenue has been growing by 8.50% on average per year.
EPS 1Y (TTM)-41.76%
EPS 3Y44.36%
EPS 5Y22.2%
EPS Q2Q%-9.24%
Revenue 1Y (TTM)-23.67%
Revenue growth 3Y16.15%
Revenue growth 5Y8.5%
Sales Q2Q%-3.43%
3.2 Future
The Earnings Per Share is expected to decrease by -8.47% on average over the next years.
The Revenue is expected to grow by 1.14% on average over the next years.
EPS Next Y-37.49%
EPS Next 2Y-21.48%
EPS Next 3Y-13.85%
EPS Next 5Y-8.47%
Revenue Next Year-7.29%
Revenue Next 2Y2.92%
Revenue Next 3Y4.19%
Revenue Next 5Y1.14%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.42, CQP is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as CQP.
CQP is valuated cheaply when we compare the Price/Earnings ratio to 27.96, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.50, the valuation of CQP can be described as correct.
CQP's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.11, CQP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 14.5 |
4.2 Price Multiples
CQP's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CQP is more expensive than 60.29% of the companies in the same industry.
CQP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CQP is cheaper than 67.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.54 | ||
| EV/EBITDA | 10.63 |
4.3 Compensation for Growth
The decent profitability rating of CQP may justify a higher PE ratio.
A cheap valuation may be justified as CQP's earnings are expected to decrease with -13.85% in the coming years.
PEG (NY)N/A
PEG (5Y)0.6
EPS Next 2Y-21.48%
EPS Next 3Y-13.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.43%, CQP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.60, CQP pays a bit more dividend than its industry peers.
CQP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
5.2 History
The dividend of CQP is nicely growing with an annual growth rate of 21.17%!
CQP has been paying a dividend for at least 10 years, so it has a reliable track record.
CQP has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)21.17%
Div Incr Years7
Div Non Decr Years16
5.3 Sustainability
CQP pays out 109.29% of its income as dividend. This is not a sustainable payout ratio.
CQP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP109.29%
EPS Next 2Y-21.48%
EPS Next 3Y-13.85%
CHENIERE ENERGY PARTNERS LP
NYSE:CQP (1/17/2025, 8:04:00 PM)
After market: 62.14 0 (0%)62.14
+0.21 (+0.34%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners46.47%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner Change0.03%
Market Cap30.08B
Analysts46.09
Price Target52.68 (-15.22%)
Short Float %0.54%
Short Ratio4.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
Yearly Dividend6.01
Dividend Growth(5Y)21.17%
DP109.29%
Div Incr Years7
Div Non Decr Years16
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.26%
Min EPS beat(2)6.58%
Max EPS beat(2)9.95%
EPS beat(4)4
Avg EPS beat(4)26.12%
Min EPS beat(4)6.58%
Max EPS beat(4)68.07%
EPS beat(8)7
Avg EPS beat(8)53.74%
EPS beat(12)8
Avg EPS beat(12)6.27%
EPS beat(16)11
Avg EPS beat(16)6.41%
Revenue beat(2)0
Avg Revenue beat(2)-7.53%
Min Revenue beat(2)-8.9%
Max Revenue beat(2)-6.16%
Revenue beat(4)2
Avg Revenue beat(4)-1.12%
Min Revenue beat(4)-8.9%
Max Revenue beat(4)7.57%
Revenue beat(8)4
Avg Revenue beat(8)-2.16%
Revenue beat(12)8
Avg Revenue beat(12)4.61%
Revenue beat(16)12
Avg Revenue beat(16)5.31%
PT rev (1m)4.74%
PT rev (3m)5.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.64%
EPS NY rev (1m)-3.19%
EPS NY rev (3m)-2.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.81%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 14.5 | ||
| P/S | 3.37 | ||
| P/FCF | 10.54 | ||
| P/OCF | 10 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.63 |
EPS(TTM)4.63
EY7.45%
EPS(NY)4.28
Fwd EY6.89%
FCF(TTM)5.89
FCFY9.49%
OCF(TTM)6.21
OCFY10%
SpS18.45
BVpS-1.29
TBVpS-1.29
PEG (NY)N/A
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.87% | ||
| ROE | N/A | ||
| ROCE | 22.8% | ||
| ROIC | 18.01% | ||
| ROICexc | 18.4% | ||
| ROICexgc | 18.4% | ||
| OM | 39.97% | ||
| PM (TTM) | 25.06% | ||
| GM | 48.86% | ||
| FCFM | 31.95% |
ROA(3y)11.38%
ROA(5y)9.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.95%
ROIC(5y)13.71%
ROICexc(3y)17.71%
ROICexc(5y)14.48%
ROICexgc(3y)17.71%
ROICexgc(5y)14.48%
ROCE(3y)21.45%
ROCE(5y)17.35%
ROICexcg growth 3Y36.19%
ROICexcg growth 5Y20.64%
ROICexc growth 3Y36.19%
ROICexc growth 5Y20.64%
OM growth 3Y14.69%
OM growth 5Y9.92%
PM growth 3Y26.27%
PM growth 5Y12.99%
GM growth 3Y9.95%
GM growth 5Y8.28%
F-Score4
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.44 | ||
| Debt/EBITDA | 3.49 | ||
| Cap/Depr | 22.76% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.78% | ||
| Profit Quality | 127.48% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | N/A |
F-Score4
WACC8.23%
ROIC/WACC2.19
Cap/Depr(3y)73.4%
Cap/Depr(5y)129.84%
Cap/Sales(3y)3.92%
Cap/Sales(5y)9.4%
Profit Quality(3y)144.25%
Profit Quality(5y)105.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-41.76%
EPS 3Y44.36%
EPS 5Y22.2%
EPS Q2Q%-9.24%
EPS Next Y-37.49%
EPS Next 2Y-21.48%
EPS Next 3Y-13.85%
EPS Next 5Y-8.47%
Revenue 1Y (TTM)-23.67%
Revenue growth 3Y16.15%
Revenue growth 5Y8.5%
Sales Q2Q%-3.43%
Revenue Next Year-7.29%
Revenue Next 2Y2.92%
Revenue Next 3Y4.19%
Revenue Next 5Y1.14%
EBIT growth 1Y-46.71%
EBIT growth 3Y33.22%
EBIT growth 5Y19.26%
EBIT Next Year1.13%
EBIT Next 3Y1.5%
EBIT Next 5Y-0.17%
FCF growth 1Y11.58%
FCF growth 3Y54.79%
FCF growth 5Y21.98%
OCF growth 1Y-1.89%
OCF growth 3Y21.09%
OCF growth 5Y10.65%