DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DKL - US24664T1034
47.77 USD
+1.02 (+2.18%)
47.69 USD
-0.08 (-0.17%)
We assign a fundamental rating of 5 out of 10 to DKL. DKL was compared to 208 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 is not valued too expensively and it also shows a decent growth rate. 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.
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
The Return On Assets of DKL (5.99%) is better than 72.60% 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 98.56% of the companies in the same industry.
DKL has a Return On Invested Capital (6.08%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DKL is significantly below the industry average of 21.83%.
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 70.19% of its industry peers.
In the last couple of years the Profit Margin of DKL has grown nicely.
DKL has a Operating Margin (18.91%) which is in line with its industry peers.
In the last couple of years the Operating Margin of DKL has remained more or less at the same level.
DKL has a Gross Margin of 22.77%. This is in the lower half of the industry: DKL underperforms 64.42% 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 | 18.91% | ||
| 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.
DKL has more shares outstanding than it did 5 years ago.
DKL has a better debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 130.97 is on the high side and indicates that DKL has dependencies on debt financing.
DKL's Debt to Equity ratio of 130.97 is on the low side compared to the rest of the industry. DKL is outperformed by 91.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 130.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.73
WACC8.31%
2.3 Liquidity
DKL has a Current Ratio of 1.03. This is a normal value and indicates that DKL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.03, DKL is in line with its industry, outperforming 45.19% of the companies in the same industry.
DKL has a Quick Ratio of 1.03. This is a bad value and indicates that DKL is not financially healthy enough and could expect problems in meeting its short term obligations.
DKL has a Quick ratio (0.98) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
DKL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.57%, which is quite good.
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.
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)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
DKL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.69% yearly.
DKL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.84% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
DKL is valuated correctly with a Price/Earnings ratio of 15.46.
The rest of the industry has a similar Price/Earnings ratio as DKL.
DKL is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.31, the valuation of DKL can be described as reasonable.
Based on the Price/Forward Earnings ratio, DKL is valued a bit cheaper than 74.52% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DKL to the average of the S&P500 Index (23.92), we can say DKL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 10.31 |
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 68.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.28 |
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.
A more expensive valuation may be justified as DKL's earnings are expected to grow with 17.69% in the coming years.
PEG (NY)0.79
PEG (5Y)5.61
EPS Next 2Y24.47%
EPS Next 3Y17.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.58%, DKL is a good candidate for dividend investing.
DKL's Dividend Yield is rather good when compared to the industry average which is at 3.91. DKL pays more dividend than 89.42% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, DKL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.58% |
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%
47.77
+1.02 (+2.18%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.81%
Inst Owner Change0%
Ins Owners0.84%
Ins Owner Change-0.05%
Market Cap2.55B
Revenue(TTM)967.42M
Net Income(TTM)164.47M
Analysts75
Price Target44.88 (-6.05%)
Short Float %3%
Short Ratio9.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.58% |
Yearly Dividend4.3
Dividend Growth(5Y)5.08%
DP142.79%
Div Incr Years11
Div Non Decr Years11
Ex-DateN/A
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)-3.84%
EPS NQ rev (3m)8.08%
EPS NY rev (1m)-1.27%
EPS NY rev (3m)-4.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.52%
Revenue NY rev (1m)-0.85%
Revenue NY rev (3m)-3.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.46 | ||
| Fwd PE | 10.31 | ||
| P/S | 2.64 | ||
| P/FCF | N/A | ||
| P/OCF | 10.48 | ||
| P/B | 146.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.28 |
EPS(TTM)3.09
EY6.47%
EPS(NY)4.63
Fwd EY9.7%
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)4.56
OCFY9.54%
SpS18.09
BVpS0.33
TBVpS-6.87
PEG (NY)0.79
PEG (5Y)5.61
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
WACC8.31%
ROIC/WACC0.73
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.
What is the valuation status of DELEK LOGISTICS PARTNERS LP (DKL) stock?
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 valuation of DELEK LOGISTICS PARTNERS LP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DELEK LOGISTICS PARTNERS LP (DKL) is 15.46 and the Price/Book (PB) ratio is 146.22.
Is the dividend of DELEK LOGISTICS PARTNERS LP sustainable?
The dividend rating of DELEK LOGISTICS PARTNERS LP (DKL) is 8 / 10 and the dividend payout ratio is 142.79%.