DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - NYSE:DKL - US24664T1034
45.13 USD
+0.94 (+2.13%)
45.13 USD
0 (0%)
Taking everything into account, DKL scores 4 out of 10 in our fundamental rating. DKL was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. DKL has a medium profitability rating, but doesn't score so well on its financial health evaluation. DKL has a correct valuation and a medium growth rate. DKL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DKL had positive earnings in the past year.
In the past year DKL had a positive cash flow from operations.
In the past 5 years DKL has always been profitable.
DKL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DKL has a better Return On Assets (5.54%) than 66.19% of its industry peers.
DKL's Return On Equity of 476.97% is amongst the best of the industry. DKL outperforms 98.57% of its industry peers.
The Return On Invested Capital of DKL (5.68%) is comparable to the rest of the industry.
DKL had an Average Return On Invested Capital over the past 3 years of 10.52%. This is significantly below the industry average of 21.78%.
The 3 year average ROIC (10.52%) for DKL is well above the current ROIC(5.68%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.54% | ||
| ROE | 476.97% | ||
| ROIC | 5.68% |
ROA(3y)8.05%
ROA(5y)11.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.52%
ROIC(5y)12.96%
1.3 Margins
With a decent Profit Margin value of 16.58%, DKL is doing good in the industry, outperforming 69.05% of the companies in the same industry.
In the last couple of years the Profit Margin of DKL has grown nicely.
With a Operating Margin value of 18.06%, DKL perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
DKL's Operating Margin has been stable in the last couple of years.
The Gross Margin of DKL (23.39%) is worse than 63.81% of its industry peers.
In the last couple of years the Gross Margin of DKL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | 16.58% | ||
| GM | 23.39% |
OM growth 3Y-7.56%
OM growth 5Y-0.08%
PM growth 3Y-13.59%
PM growth 5Y6.82%
GM growth 3Y-5.79%
GM growth 5Y0%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DKL is creating some value.
The number of shares outstanding for DKL has been increased compared to 1 year ago.
The number of shares outstanding for DKL has been increased compared to 5 years ago.
Compared to 1 year ago, DKL has an improved debt to assets ratio.
2.2 Solvency
DKL has a Debt/Equity ratio of 69.13. This is a high value indicating a heavy dependency on external financing.
DKL has a Debt to Equity ratio of 69.13. This is amonst the worse of the industry: DKL underperforms 91.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 69.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.68
WACC8.34%
2.3 Liquidity
A Current Ratio of 0.93 indicates that DKL may have some problems paying its short term obligations.
DKL has a worse Current ratio (0.93) than 60.00% of its industry peers.
A Quick Ratio of 0.89 indicates that DKL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.89, DKL is in line with its industry, outperforming 46.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.37% over the past year.
The Earnings Per Share has been growing slightly by 2.76% on average over the past years.
DKL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.08%.
DKL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.00% yearly.
EPS 1Y (TTM)1.37%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%-4.6%
Revenue 1Y (TTM)-12.08%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%-6.91%
3.2 Future
The Earnings Per Share is expected to grow by 17.15% on average over the next years. This is quite good.
DKL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.31% yearly.
EPS Next Y27.26%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
EPS Next 5YN/A
Revenue Next Year8.67%
Revenue Next 2Y1.93%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.30, the valuation of DKL can be described as correct.
DKL's Price/Earnings is on the same level as the industry average.
DKL is valuated rather cheaply when we compare the Price/Earnings ratio to 26.13, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.19, the valuation of DKL can be described as reasonable.
DKL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DKL is cheaper than 73.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, DKL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.3 | ||
| Fwd PE | 10.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DKL indicates a slightly more expensive valuation: DKL is more expensive than 67.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.11 |
4.3 Compensation for Growth
DKL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of DKL may justify a higher PE ratio.
DKL's earnings are expected to grow with 17.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)5.55
EPS Next 2Y21.73%
EPS Next 3Y17.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.08%, DKL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.83, DKL pays a better dividend. On top of this DKL pays more dividend than 89.05% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, DKL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.08% |
5.2 History
The dividend of DKL has a limited annual growth rate of 5.08%.
DKL has paid a dividend for at least 10 years, which is a reliable track record.
DKL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.08%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
DKL pays out 148.44% of its income as dividend. This is not a sustainable payout ratio.
The dividend of DKL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP148.44%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
45.13
+0.94 (+2.13%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.42%
Inst Owner Change-0.75%
Ins Owners0.84%
Ins Owner Change0.02%
Market Cap2.41B
Revenue(TTM)920.21M
Net Income(TTM)152.59M
Analysts75
Price Target44.63 (-1.11%)
Short Float %2.88%
Short Ratio9.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.08% |
Yearly Dividend4.3
Dividend Growth(5Y)5.08%
DP148.44%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.65%
Min EPS beat(2)-12.64%
Max EPS beat(2)-10.66%
EPS beat(4)0
Avg EPS beat(4)-10.2%
Min EPS beat(4)-16.08%
Max EPS beat(4)-1.42%
EPS beat(8)2
Avg EPS beat(8)-10.99%
EPS beat(12)2
Avg EPS beat(12)-12%
EPS beat(16)2
Avg EPS beat(16)-11.68%
Revenue beat(2)1
Avg Revenue beat(2)-4.53%
Min Revenue beat(2)-15.31%
Max Revenue beat(2)6.26%
Revenue beat(4)1
Avg Revenue beat(4)-10.56%
Min Revenue beat(4)-19.73%
Max Revenue beat(4)6.26%
Revenue beat(8)3
Avg Revenue beat(8)-6.18%
Revenue beat(12)3
Avg Revenue beat(12)-7.58%
Revenue beat(16)7
Avg Revenue beat(16)-0.86%
PT rev (1m)0%
PT rev (3m)1.16%
EPS NQ rev (1m)3.01%
EPS NQ rev (3m)5.14%
EPS NY rev (1m)1.47%
EPS NY rev (3m)0.49%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)-4.67%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-4.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.3 | ||
| Fwd PE | 10.19 | ||
| P/S | 2.62 | ||
| P/FCF | N/A | ||
| P/OCF | 11.28 | ||
| P/B | 75.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.11 |
EPS(TTM)2.95
EY6.54%
EPS(NY)4.43
Fwd EY9.82%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)4
OCFY8.86%
SpS17.21
BVpS0.6
TBVpS-6.7
PEG (NY)0.56
PEG (5Y)5.55
Graham Number6.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.54% | ||
| ROE | 476.97% | ||
| ROCE | 7.19% | ||
| ROIC | 5.68% | ||
| ROICexc | 5.69% | ||
| ROICexgc | 6.84% | ||
| OM | 18.06% | ||
| PM (TTM) | 16.58% | ||
| GM | 23.39% | ||
| FCFM | N/A |
ROA(3y)8.05%
ROA(5y)11.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.52%
ROIC(5y)12.96%
ROICexc(3y)10.55%
ROICexc(5y)13.01%
ROICexgc(3y)13.49%
ROICexgc(5y)16.38%
ROCE(3y)13.31%
ROCE(5y)16.4%
ROICexgc growth 3Y-24.63%
ROICexgc growth 5Y-11.47%
ROICexc growth 3Y-23.14%
ROICexc growth 5Y-10.33%
OM growth 3Y-7.56%
OM growth 5Y-0.08%
PM growth 3Y-13.59%
PM growth 5Y6.82%
GM growth 3Y-5.79%
GM growth 5Y0%
F-Score4
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 69.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 278.1% | ||
| Cap/Sales | 30.55% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 79.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | N/A |
F-Score4
WACC8.34%
ROIC/WACC0.68
Cap/Depr(3y)146.92%
Cap/Depr(5y)103.95%
Cap/Sales(3y)12.67%
Cap/Sales(5y)8.76%
Profit Quality(3y)59.95%
Profit Quality(5y)92.03%
High Growth Momentum
Growth
EPS 1Y (TTM)1.37%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%-4.6%
EPS Next Y27.26%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.08%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%-6.91%
Revenue Next Year8.67%
Revenue Next 2Y1.93%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
EBIT growth 1Y-36.28%
EBIT growth 3Y1.97%
EBIT growth 5Y9.92%
EBIT Next Year107.52%
EBIT Next 3Y33.05%
EBIT Next 5YN/A
FCF growth 1Y-62.97%
FCF growth 3Y-33.3%
FCF growth 5Y-9.28%
OCF growth 1Y73.97%
OCF growth 3Y-9.15%
OCF growth 5Y9.61%
DELEK LOGISTICS PARTNERS LP / DKL FAQ
What is the ChartMill fundamental rating of DELEK LOGISTICS PARTNERS LP (DKL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DKL.
Can you provide the valuation status for DELEK LOGISTICS PARTNERS LP?
ChartMill assigns a valuation rating of 5 / 10 to DELEK LOGISTICS PARTNERS LP (DKL). This can be considered as Fairly Valued.
What is the profitability of DKL stock?
DELEK LOGISTICS PARTNERS LP (DKL) has a profitability rating of 6 / 10.
What is the expected EPS growth for DELEK LOGISTICS PARTNERS LP (DKL) stock?
The Earnings per Share (EPS) of DELEK LOGISTICS PARTNERS LP (DKL) is expected to grow by 27.26% in the next year.
How sustainable is the dividend of DELEK LOGISTICS PARTNERS LP (DKL) stock?
The dividend rating of DELEK LOGISTICS PARTNERS LP (DKL) is 8 / 10 and the dividend payout ratio is 148.44%.