CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CQP - US16411Q1013
53.48 USD
+0.13 (+0.24%)
53.2 USD
-0.28 (-0.52%)
CQP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While CQP has a great profitability rating, there are quite some concerns on its financial health. CQP has a correct valuation and a medium 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.
CQP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 11.05%, CQP belongs to the best of the industry, outperforming 91.47% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 15.91%, CQP belongs to the top of the industry, outperforming 94.79% 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 21.09%.
| 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 72.51% of its industry peers.
CQP's Profit Margin has improved in the last couple of years.
CQP has a Operating Margin of 29.58%. This is in the better half of the industry: CQP outperforms 72.99% of its industry peers.
CQP's Operating Margin has improved in the last couple of years.
CQP's Gross Margin of 37.30% is in line compared to the rest of the industry. CQP outperforms 47.39% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CQP is creating value.
Compared to 1 year ago, CQP has about the same amount of shares outstanding.
Compared to 5 years ago, CQP has about the same amount of shares outstanding.
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.
The Debt to FCF ratio of CQP (5.83) is better than 62.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC1.99
WACC7.99%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CQP may have some problems paying 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 74.41% 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.
With a Quick ratio value of 0.57, CQP is not doing good in the industry: 75.36% of the companies in the same industry are doing better.
| 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.
The Earnings Per Share has been growing by 13.56% on average over the past years. This is quite good.
CQP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.43%.
The Revenue has been growing slightly by 4.94% on average over the past years.
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.
The Revenue is expected to grow by 5.21% on average over the next years.
EPS Next Y-6.93%
EPS Next 2Y0.55%
EPS Next 3Y-0.08%
EPS Next 5Y0.36%
Revenue Next Year27.07%
Revenue Next 2Y15.63%
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
A Price/Earnings ratio of 13.96 indicates a correct valuation of CQP.
CQP's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.39. CQP is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 12.45, which indicates a correct valuation of CQP.
Based on the Price/Forward Earnings ratio, CQP is valued a bit cheaper than 60.66% of the companies in the same industry.
CQP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 12.45 |
4.2 Price Multiples
CQP's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, CQP is valued a bit cheaper than 77.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.22 | ||
| EV/EBITDA | 10.85 |
4.3 Compensation for Growth
The decent profitability rating of CQP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.03
EPS Next 2Y0.55%
EPS Next 3Y-0.08%
5. Dividend
5.1 Amount
CQP has a Yearly Dividend Yield of 5.98%, which is a nice return.
CQP's Dividend Yield is a higher than the industry average which is at 3.95.
Compared to an average S&P500 Dividend Yield of 1.87, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
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
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 2Y0.55%
EPS Next 3Y-0.08%
53.48
+0.13 (+0.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners4.61%
Inst Owner Change-0.02%
Ins Owners0.01%
Ins Owner Change5.15%
Market Cap25.89B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target57.12 (6.81%)
Short Float %1.84%
Short Ratio5.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.98% |
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)-0.63%
PT rev (3m)-1.22%
EPS NQ rev (1m)-5.59%
EPS NQ rev (3m)-6.49%
EPS NY rev (1m)-3.92%
EPS NY rev (3m)-8.56%
Revenue NQ rev (1m)0.94%
Revenue NQ rev (3m)-0.41%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-5.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 12.45 | ||
| P/S | 2.51 | ||
| P/FCF | 10.22 | ||
| P/OCF | 9.39 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.85 |
EPS(TTM)3.83
EY7.16%
EPS(NY)4.3
Fwd EY8.03%
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
WACC7.99%
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-6.93%
EPS Next 2Y0.55%
EPS Next 3Y-0.08%
EPS Next 5Y0.36%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y-2.65%
Revenue growth 5Y4.94%
Sales Q2Q%16.98%
Revenue Next Year27.07%
Revenue Next 2Y15.63%
Revenue Next 3Y10.7%
Revenue Next 5Y5.21%
EBIT growth 1Y-14.57%
EBIT growth 3Y8.5%
EBIT growth 5Y10.67%
EBIT Next Year19.95%
EBIT Next 3Y6.47%
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.
Can you provide the valuation status for CHENIERE ENERGY PARTNERS LP?
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 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 13.96 and the Price/Book (PB) ratio is -74.39.
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 -6.93% in the next year.