CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CQP - US16411Q1013
53.71 USD
+0.71 (+1.34%)
53.71 USD
0 (0%)
Overall CQP gets a fundamental rating of 5 out of 10. We evaluated CQP 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 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.
In the past 5 years CQP has always been profitable.
Each year in the past 5 years CQP had a positive operating cash flow.
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.
With an excellent Return On Invested Capital value of 15.91%, CQP belongs to the best of the industry, outperforming 94.71% of the companies in the same industry.
CQP had an Average Return On Invested Capital over the past 3 years of 18.68%. This 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
CQP's Profit Margin of 18.04% is fine compared to the rest of the industry. CQP outperforms 72.12% of its industry peers.
In the last couple of years the Profit Margin of CQP has grown nicely.
CQP has a Operating Margin of 29.58%. This is in the better half of the industry: CQP outperforms 73.08% of its industry peers.
In the last couple of years the Operating Margin of CQP has grown nicely.
CQP has a Gross Margin (37.30%) which is in line with its industry peers.
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
CQP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for CQP remains at a similar level compared to 1 year ago.
The number of shares outstanding for CQP remains at a similar level compared to 5 years ago.
Compared to 1 year ago, CQP has an improved debt to assets ratio.
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
WACC7.84%
2.3 Liquidity
A Current Ratio of 0.66 indicates that CQP may have some problems paying its short term obligations.
CQP has a Current ratio of 0.66. This is in the lower half of the industry: CQP underperforms 74.04% 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.
The Quick ratio of CQP (0.57) is worse than 75.00% 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.
CQP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.43%.
CQP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.94% yearly.
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
Based on estimates for the next years, CQP will show a small growth in Earnings Per Share. The EPS will grow by 0.36% on average per year.
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.
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
The Price/Earnings ratio is 14.02, which indicates a correct valuation of CQP.
The rest of the industry has a similar Price/Earnings ratio as CQP.
CQP is valuated rather cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.41, the valuation of CQP can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CQP indicates a somewhat cheap valuation: CQP is cheaper than 61.06% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CQP to the average of the S&P500 Index (23.70), we can say CQP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 12.41 |
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.
Based on the Price/Free Cash Flow ratio, CQP is valued a bit cheaper than the industry average as 76.44% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.27 | ||
| EV/EBITDA | 10.79 |
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 2Y0.9%
EPS Next 3Y0.32%
5. Dividend
5.1 Amount
CQP has a Yearly Dividend Yield of 5.96%, 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 | 5.96% |
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 2Y0.9%
EPS Next 3Y0.32%
53.71
+0.71 (+1.34%)
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 Cap26.00B
Revenue(TTM)10.31B
Net Income(TTM)1.86B
Analysts44.76
Price Target56.97 (6.07%)
Short Float %1.7%
Short Ratio4.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.96% |
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 | 14.02 | ||
| Fwd PE | 12.41 | ||
| P/S | 2.52 | ||
| P/FCF | 10.27 | ||
| P/OCF | 9.43 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.79 |
EPS(TTM)3.83
EY7.13%
EPS(NY)4.33
Fwd EY8.06%
FCF(TTM)5.23
FCFY9.74%
OCF(TTM)5.7
OCFY10.6%
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
WACC7.84%
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 14.02 and the Price/Book (PB) ratio is -74.71.
Can you provide the financial health for CQP stock?
The financial health rating of CHENIERE ENERGY PARTNERS LP (CQP) is 3 / 10.