CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - NYSE:CQP - US16411Q1013
53.84 USD
+1.7 (+3.26%)
54.1 USD
+0.26 (+0.48%)
Overall CQP gets a fundamental rating of 5 out of 10. We evaluated CQP against 210 industry peers in the Oil, Gas & Consumable Fuels industry. CQP has an excellent profitability rating, but 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.
In the past year CQP had a positive cash flow from operations.
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
CQP has a Return On Assets of 11.05%. This is amongst the best in the industry. CQP outperforms 90.95% of its industry peers.
CQP has a better Return On Invested Capital (15.91%) than 93.81% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CQP is below the industry average of 21.72%.
| 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 better Operating Margin (29.58%) than 71.43% of its industry peers.
CQP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 37.30%, CQP is in line with its industry, outperforming 47.62% of the companies in the same 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
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.
Compared to 5 years ago, CQP has about the same amount of shares outstanding.
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 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC2.05
WACC7.76%
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.
With a Current ratio value of 0.66, CQP is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
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
CQP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.28%.
The Earnings Per Share has been growing by 13.56% on average over the past years. This is quite good.
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 0.53% 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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.06, the valuation of CQP can be described as correct.
CQP's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.89. CQP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.26, CQP is valued correctly.
Based on the Price/Forward Earnings ratio, CQP is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.59. CQP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.06 | ||
| Fwd PE | 12.26 |
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.
CQP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CQP is cheaper than 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.29 | ||
| EV/EBITDA | 10.9 |
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)1.04
EPS Next 2Y1.67%
EPS Next 3Y0.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.12%, CQP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.87, CQP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
5.2 History
The dividend of CQP is nicely growing with an annual growth rate of 12.15%!
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
109.95% of the earnings are spent on dividend by CQP. 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%
53.84
+1.7 (+3.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.64%
Inst Owner Change-0.07%
Ins Owners0.01%
Ins Owner Change8.81%
Market Cap26.06B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target57.48 (6.76%)
Short Float %1.59%
Short Ratio6.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
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)-0.95%
EPS NQ rev (3m)-1.37%
EPS NY rev (1m)-5.01%
EPS NY rev (3m)-6.9%
Revenue NQ rev (1m)-0.76%
Revenue NQ rev (3m)-1.33%
Revenue NY rev (1m)-5.39%
Revenue NY rev (3m)-5.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.06 | ||
| Fwd PE | 12.26 | ||
| P/S | 2.53 | ||
| P/FCF | 10.29 | ||
| P/OCF | 9.45 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.9 |
EPS(TTM)3.83
EY7.11%
EPS(NY)4.39
Fwd EY8.16%
FCF(TTM)5.23
FCFY9.72%
OCF(TTM)5.7
OCFY10.58%
SpS21.3
BVpS-0.72
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)1.04
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
WACC7.76%
ROIC/WACC2.05
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 14.06 and the Price/Book (PB) ratio is -74.89.
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.