DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DKL - US24664T1034
44.85 USD
-0.45 (-0.99%)
44.85 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to DKL. DKL was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of DKL while its profitability can be described as average. DKL has a correct valuation and a medium growth rate. Finally DKL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DKL was profitable.
DKL had a positive operating cash flow in the past year.
DKL had positive earnings in each of the past 5 years.
In the past 5 years DKL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of DKL (5.99%) is better than 72.86% of its industry peers.
DKL has a Return On Equity of 941.35%. This is amongst the best in the industry. DKL outperforms 99.05% of its industry peers.
DKL has a Return On Invested Capital (6.08%) which is in line with its industry peers.
DKL had an Average Return On Invested Capital over the past 3 years of 10.52%. This is significantly below the industry average of 21.09%.
The last Return On Invested Capital (6.08%) for DKL is well below the 3 year average (10.52%), which needs to be investigated, but indicates that DKL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.99% | ||
| ROE | 941.35% | ||
| ROIC | 6.08% |
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
DKL has a better Profit Margin (17.00%) than 70.00% of its industry peers.
DKL's Profit Margin has improved in the last couple of years.
DKL has a Operating Margin (18.91%) which is in line with its industry peers.
DKL's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 22.77%, DKL is doing worse than 64.29% of the companies in the same industry.
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 | 18.91% | ||
| PM (TTM) | 17% | ||
| GM | 22.77% |
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 130.97. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of DKL (130.97) is worse than 92.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 130.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.72
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.03 indicates that DKL should not have too much problems paying its short term obligations.
The Current ratio of DKL (1.03) is comparable to the rest of the industry.
A Quick Ratio of 0.98 indicates that DKL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.98, DKL is in line with its industry, outperforming 50.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.57% over the past year.
The Earnings Per Share has been growing slightly by 2.76% on average over the past years.
The Revenue has decreased by -1.78% in the past year.
Measured over the past years, DKL shows a quite strong growth in Revenue. The Revenue has been growing by 10.00% on average per year.
EPS 1Y (TTM)9.57%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%19.72%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%22.05%
3.2 Future
Based on estimates for the next years, DKL will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.69% on average per year.
Based on estimates for the next years, DKL will show a small growth in Revenue. The Revenue will grow by 3.84% on average per year.
EPS Next Y19.45%
EPS Next 2Y24.47%
EPS Next 3Y17.69%
EPS Next 5YN/A
Revenue Next Year4.89%
Revenue Next 2Y7.68%
Revenue Next 3Y3.84%
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
The Price/Earnings ratio is 14.51, which indicates a correct valuation of DKL.
DKL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.57, DKL is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 9.68, 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 76.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.04. DKL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 9.68 |
4.2 Price Multiples
DKL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. DKL is more expensive than 67.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.76 |
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 17.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.75
PEG (5Y)5.27
EPS Next 2Y24.47%
EPS Next 3Y17.69%
5. Dividend
5.1 Amount
DKL has a Yearly Dividend Yield of 9.89%, which is a nice return.
DKL's Dividend Yield is rather good when compared to the industry average which is at 3.96. DKL pays more dividend than 88.57% of the companies in the same industry.
DKL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
5.2 History
The dividend of DKL has a limited annual growth rate of 5.08%.
DKL has been paying a dividend for at least 10 years, so it has 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
142.79% of the earnings are spent on dividend by DKL. This is not a sustainable payout ratio.
DKL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP142.79%
EPS Next 2Y24.47%
EPS Next 3Y17.69%
44.85
-0.45 (-0.99%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.89%
Inst Owner Change-3.7%
Ins Owners0.84%
Ins Owner Change-0.05%
Market Cap2.40B
Revenue(TTM)967.42M
Net Income(TTM)164.47M
Analysts75
Price Target44.88 (0.07%)
Short Float %2.88%
Short Ratio9.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
Yearly Dividend4.3
Dividend Growth(5Y)5.08%
DP142.79%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.9%
Min EPS beat(2)-15.16%
Max EPS beat(2)-12.64%
EPS beat(4)0
Avg EPS beat(4)-9.97%
Min EPS beat(4)-15.16%
Max EPS beat(4)-1.42%
EPS beat(8)1
Avg EPS beat(8)-12.91%
EPS beat(12)2
Avg EPS beat(12)-11.95%
EPS beat(16)2
Avg EPS beat(16)-12.39%
Revenue beat(2)1
Avg Revenue beat(2)-6.41%
Min Revenue beat(2)-15.31%
Max Revenue beat(2)2.49%
Revenue beat(4)2
Avg Revenue beat(4)-5%
Min Revenue beat(4)-15.31%
Max Revenue beat(4)6.26%
Revenue beat(8)3
Avg Revenue beat(8)-6.42%
Revenue beat(12)4
Avg Revenue beat(12)-6.78%
Revenue beat(16)7
Avg Revenue beat(16)-2.71%
PT rev (1m)0%
PT rev (3m)0.57%
EPS NQ rev (1m)0.42%
EPS NQ rev (3m)12.4%
EPS NY rev (1m)-6.14%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)-2.96%
Revenue NQ rev (3m)11.39%
Revenue NY rev (1m)-3.49%
Revenue NY rev (3m)-3.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 9.68 | ||
| P/S | 2.48 | ||
| P/FCF | N/A | ||
| P/OCF | 9.84 | ||
| P/B | 137.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.76 |
EPS(TTM)3.09
EY6.89%
EPS(NY)4.63
Fwd EY10.33%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)4.56
OCFY10.16%
SpS18.09
BVpS0.33
TBVpS-6.87
PEG (NY)0.75
PEG (5Y)5.27
Graham Number4.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.99% | ||
| ROE | 941.35% | ||
| ROCE | 7.69% | ||
| ROIC | 6.08% | ||
| ROICexc | 6.1% | ||
| ROICexgc | 7.28% | ||
| OM | 18.91% | ||
| PM (TTM) | 17% | ||
| GM | 22.77% | ||
| 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 Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 130.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.71 | ||
| Cap/Depr | 256.97% | ||
| Cap/Sales | 30.3% | ||
| Interest Coverage | 1.21 | ||
| Cash Conversion | 82.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | N/A |
F-Score4
WACC8.45%
ROIC/WACC0.72
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)9.57%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%19.72%
EPS Next Y19.45%
EPS Next 2Y24.47%
EPS Next 3Y17.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%22.05%
Revenue Next Year4.89%
Revenue Next 2Y7.68%
Revenue Next 3Y3.84%
Revenue Next 5YN/A
EBIT growth 1Y-20.62%
EBIT growth 3Y1.97%
EBIT growth 5Y9.92%
EBIT Next Year115.67%
EBIT Next 3Y34.84%
EBIT Next 5YN/A
FCF growth 1Y59.19%
FCF growth 3Y-33.3%
FCF growth 5Y-9.28%
OCF growth 1Y4500.15%
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 5 / 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 19.45% 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 142.79%.