DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DKL - US24664T1034
44.84 USD
+0.3 (+0.67%)
44.84 USD
0 (0%)
DKL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent growth rate. Finally DKL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DKL had positive earnings in the past year.
DKL had a positive operating cash flow in the past year.
DKL had positive earnings in each of the past 5 years.
Each year in the past 5 years DKL had a positive operating cash flow.
1.2 Ratios
DKL's Return On Assets of 5.54% is fine compared to the rest of the industry. DKL outperforms 68.10% of its industry peers.
With an excellent Return On Equity value of 476.97%, DKL belongs to the best of the industry, outperforming 98.57% of the companies in the same industry.
With a Return On Invested Capital value of 5.68%, DKL perfoms like the industry average, outperforming 51.90% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for DKL is significantly below the industry average of 21.66%.
The last Return On Invested Capital (5.68%) 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 | 5.54% | ||
| 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
Looking at the Profit Margin, with a value of 16.58%, DKL is in the better half of the industry, outperforming 68.10% of the companies in the same industry.
DKL's Profit Margin has improved in the last couple of years.
The Operating Margin of DKL (18.06%) 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 23.39%, DKL is not doing good in the industry: 63.81% 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 | 18.06% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DKL is still creating some value.
Compared to 1 year ago, DKL has more shares outstanding
DKL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for DKL has been reduced compared to a year ago.
2.2 Solvency
DKL has a Debt/Equity ratio of 69.13. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 69.13, DKL is not doing good in the industry: 91.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 69.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.67
WACC8.48%
2.3 Liquidity
A Current Ratio of 0.93 indicates that DKL may have some problems paying its short term obligations.
DKL has a Current ratio of 0.93. This is comparable to the rest of the industry: DKL outperforms 40.95% of its industry peers.
DKL has a Quick Ratio of 0.93. 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's Quick ratio of 0.89 is in line compared to the rest of the industry. DKL outperforms 47.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.89 |
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.
Measured over the past 5 years, DKL shows a small growth in Earnings Per Share. The EPS has been growing by 2.76% on average per year.
DKL shows a decrease in Revenue. In the last year, the revenue decreased by -7.82%.
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)-7.82%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%22.05%
3.2 Future
The Earnings Per Share is expected to grow by 17.15% on average over the next years. This is quite good.
Based on estimates for the next years, DKL will show a small growth in Revenue. The Revenue will grow by 2.31% on average per year.
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
With a Price/Earnings ratio of 14.51, DKL is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of DKL is on the same level as its industry peers.
DKL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.45.
The Price/Forward Earnings ratio is 10.12, which indicates a very decent valuation of DKL.
Based on the Price/Forward Earnings ratio, DKL is valued a bit cheaper than 74.76% of the companies in the same industry.
DKL is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 10.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DKL is valued a bit more expensive than the industry average as 67.62% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.18 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DKL has a very decent profitability rating, which 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)0.53
PEG (5Y)5.27
EPS Next 2Y21.73%
EPS Next 3Y17.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.91%, DKL is a good candidate for dividend investing.
DKL's Dividend Yield is rather good when compared to the industry average which is at 5.90. DKL pays more dividend than 90.95% of the companies in the same industry.
DKL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.91% |
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 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%
44.84
+0.3 (+0.67%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.42%
Inst Owner Change-3.89%
Ins Owners0.84%
Ins Owner Change1.46%
Market Cap2.40B
Revenue(TTM)940.64M
Net Income(TTM)152.59M
Analysts75
Price Target44.63 (-0.47%)
Short Float %2.89%
Short Ratio8.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.91% |
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)-4.8%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-4.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.51 | ||
| Fwd PE | 10.12 | ||
| P/S | 2.6 | ||
| P/FCF | N/A | ||
| P/OCF | 11.21 | ||
| P/B | 74.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.18 |
EPS(TTM)3.09
EY6.89%
EPS(NY)4.43
Fwd EY9.88%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)4
OCFY8.92%
SpS17.21
BVpS0.6
TBVpS-6.7
PEG (NY)0.53
PEG (5Y)5.27
Graham Number6.45
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
WACC8.48%
ROIC/WACC0.67
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 Y27.26%
EPS Next 2Y21.73%
EPS Next 3Y17.15%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.82%
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-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%.