DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DKL - US24664T1034
45.82 USD
+0.89 (+1.98%)
45.82 USD
0 (0%)
Overall DKL gets a fundamental rating of 5 out of 10. We evaluated DKL against 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 decent growth rate and is not valued too expensively. 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.
Each year in the past 5 years DKL has been profitable.
Each year in the past 5 years DKL had a positive operating cash flow.
1.2 Ratios
DKL has a Return On Assets of 5.99%. This is in the better half of the industry: DKL outperforms 71.43% of its industry peers.
Looking at the Return On Equity, with a value of 941.35%, DKL belongs to the top of the industry, outperforming 99.05% of the companies in the same industry.
DKL has a Return On Invested Capital (6.08%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for DKL is significantly below the industry average of 21.41%.
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 69.52% of its industry peers.
DKL's Profit Margin has improved in the last couple of years.
The Operating Margin of DKL (18.91%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of DKL has remained more or less at the same level.
With a Gross Margin value of 22.77%, DKL is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
DKL's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DKL is still creating some value.
DKL has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DKL has more shares outstanding
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 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 130.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.72
WACC8.46%
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 11.35% over the past year.
DKL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.76% yearly.
Looking at the last year, DKL shows a decrease in Revenue. The Revenue has decreased by -1.78% in the last year.
The Revenue has been growing by 10.00% on average over the past years. This is quite good.
EPS 1Y (TTM)11.35%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%26.76%
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%22.05%
3.2 Future
DKL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.15% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
DKL is valuated correctly with a Price/Earnings ratio of 14.59.
DKL's Price/Earnings is on the same level as the industry average.
DKL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
With a Price/Forward Earnings ratio of 10.34, the valuation of DKL can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DKL indicates a somewhat cheap valuation: DKL is cheaper than 73.81% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. DKL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 10.34 |
4.2 Price Multiples
67.62% of the companies in the same industry are cheaper than DKL, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.77 |
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)0.54
PEG (5Y)5.3
EPS Next 2Y21.73%
EPS Next 3Y17.15%
5. Dividend
5.1 Amount
DKL has a Yearly Dividend Yield of 10.06%, which is a nice return.
Compared to an average industry Dividend Yield of 5.88, DKL pays a better dividend. On top of this DKL pays more dividend than 90.48% of the companies listed in the same industry.
DKL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.06% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.08%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
DKL pays out 142.79% 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.
DP142.79%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
45.82
+0.89 (+1.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.42%
Inst Owner Change-3.7%
Ins Owners0.84%
Ins Owner Change0.02%
Market Cap2.45B
Revenue(TTM)967.42M
Net Income(TTM)164.47M
Analysts75
Price Target44.88 (-2.05%)
Short Float %2.89%
Short Ratio8.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.06% |
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)-11.41%
Min EPS beat(2)-12.64%
Max EPS beat(2)-10.17%
EPS beat(4)0
Avg EPS beat(4)-8.72%
Min EPS beat(4)-12.64%
Max EPS beat(4)-1.42%
EPS beat(8)1
Avg EPS beat(8)-12.28%
EPS beat(12)2
Avg EPS beat(12)-11.54%
EPS beat(16)2
Avg EPS beat(16)-12.07%
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)0.57%
PT rev (3m)1.15%
EPS NQ rev (1m)3.29%
EPS NQ rev (3m)11.59%
EPS NY rev (1m)0%
EPS NY rev (3m)1.13%
Revenue NQ rev (1m)21.06%
Revenue NQ rev (3m)17.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 10.34 | ||
| P/S | 2.53 | ||
| P/FCF | N/A | ||
| P/OCF | 10.05 | ||
| P/B | 140.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.77 |
EPS(TTM)3.14
EY6.85%
EPS(NY)4.43
Fwd EY9.67%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)4.56
OCFY9.95%
SpS18.1
BVpS0.33
TBVpS-6.88
PEG (NY)0.54
PEG (5Y)5.3
Graham Number4.81
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
WACC8.46%
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)11.35%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%26.76%
EPS Next Y27.26%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.78%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%22.05%
Revenue Next Year8.67%
Revenue Next 2Y1.93%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
EBIT growth 1Y-20.62%
EBIT growth 3Y1.97%
EBIT growth 5Y9.92%
EBIT Next Year107.52%
EBIT Next 3Y33.05%
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 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 142.79%.