CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CQP - US16411Q1013
53.49 USD
-0.22 (-0.41%)
53.49 USD
0 (0%)
CQP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 208 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
CQP had positive earnings in the past year.
CQP had a positive operating cash flow in the past year.
In the past 5 years CQP has always been profitable.
In the past 5 years CQP always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 11.05%, CQP belongs to the best of the industry, outperforming 91.35% of the companies in the same industry.
CQP has a Return On Invested Capital of 15.91%. This is amongst the best in the industry. CQP outperforms 94.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CQP is below the industry average of 21.28%.
| 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
With a decent Profit Margin value of 18.04%, CQP is doing good in the industry, outperforming 72.12% of the companies in the same industry.
CQP's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 29.58%, CQP is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
CQP's Operating Margin has improved in the last couple of years.
The Gross Margin of CQP (37.30%) is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CQP is creating value.
The number of shares outstanding for CQP remains at a similar level compared to 1 year ago.
CQP has about the same amout of shares outstanding than it did 5 years ago.
CQP has a better debt/assets ratio than last year.
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 has a Debt to FCF ratio of 5.83. This is in the better half of the industry: CQP outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC2.03
WACC7.85%
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 74.04% of its industry peers.
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 75.00% 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.
The Revenue has grown by 15.43% in the past year. This is quite good.
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 0.36% 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-7.25%
EPS Next 2Y0.9%
EPS Next 3Y0.32%
EPS Next 5Y0.36%
Revenue Next Year26.93%
Revenue Next 2Y15.94%
Revenue Next 3Y10.7%
Revenue Next 5Y5.21%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.97, CQP is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as CQP.
The average S&P500 Price/Earnings ratio is at 27.19. CQP is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 12.36, the valuation of CQP can be described as correct.
CQP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CQP is cheaper than 61.54% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, CQP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 12.36 |
4.2 Price Multiples
CQP's Enterprise Value to EBITDA ratio is in line with the industry average.
77.88% 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 | 10.23 | ||
| EV/EBITDA | 10.88 |
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)1.03
EPS Next 2Y0.9%
EPS Next 3Y0.32%
5. Dividend
5.1 Amount
CQP has a Yearly Dividend Yield of 5.94%, which is a nice return.
CQP's Dividend Yield is a higher than the industry average which is at 3.96.
Compared to an average S&P500 Dividend Yield of 1.94, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
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.
CQP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP109.95%
EPS Next 2Y0.9%
EPS Next 3Y0.32%
53.49
-0.22 (-0.41%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.6%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner Change5.15%
Market Cap25.89B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target56.97 (6.51%)
Short Float %1.7%
Short Ratio4.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.94% |
Yearly Dividend4.62
Dividend Growth(5Y)12.15%
DP109.95%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)32.71%
EPS beat(16)8
Avg EPS beat(16)2.36%
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%
Revenue beat(16)10
Avg Revenue beat(16)3.78%
PT rev (1m)-0.89%
PT rev (3m)-1.47%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)-4.95%
EPS NY rev (1m)-0.35%
EPS NY rev (3m)-9.05%
Revenue NQ rev (1m)1.36%
Revenue NQ rev (3m)-0.41%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-5.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 12.36 | ||
| P/S | 2.51 | ||
| P/FCF | 10.23 | ||
| P/OCF | 9.39 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.88 |
EPS(TTM)3.83
EY7.16%
EPS(NY)4.33
Fwd EY8.09%
FCF(TTM)5.23
FCFY9.78%
OCF(TTM)5.7
OCFY10.65%
SpS21.3
BVpS-0.72
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)1.03
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
WACC7.85%
ROIC/WACC2.03
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-7.25%
EPS Next 2Y0.9%
EPS Next 3Y0.32%
EPS Next 5Y0.36%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y-2.65%
Revenue growth 5Y4.94%
Sales Q2Q%16.98%
Revenue Next Year26.93%
Revenue Next 2Y15.94%
Revenue Next 3Y10.7%
Revenue Next 5Y5.21%
EBIT growth 1Y-14.57%
EBIT growth 3Y8.5%
EBIT growth 5Y10.67%
EBIT Next Year19.76%
EBIT Next 3Y6.71%
EBIT Next 5Y3.4%
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.
What is the valuation status of CHENIERE ENERGY PARTNERS LP (CQP) stock?
ChartMill assigns a valuation rating of 4 / 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 are the PE and PB ratios of CHENIERE ENERGY PARTNERS LP (CQP) stock?
The Price/Earnings (PE) ratio for CHENIERE ENERGY PARTNERS LP (CQP) is 13.97 and the Price/Book (PB) ratio is -74.4.
Can you provide the financial health for CQP stock?
The financial health rating of CHENIERE ENERGY PARTNERS LP (CQP) is 3 / 10.