DIANA SHIPPING INC (DSX) Stock Fundamental Analysis
NYSE:DSX - New York Stock Exchange, Inc. - MHY2066G1044 - Common Stock - Currency: USD
DSX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 29 industry peers in the Marine Transportation industry. Both the profitability and the financial health of DSX get a neutral evaluation. Nothing too spectacular is happening here. DSX has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DSX was profitable.
DSX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: DSX reported negative net income in multiple years.
Each year in the past 5 years DSX had a positive operating cash flow.
1.2 Ratios
DSX has a worse Return On Assets (0.57%) than 75.00% of its industry peers.
DSX's Return On Equity of 1.34% is on the low side compared to the rest of the industry. DSX is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 1.34% | ||
| ROIC | N/A |
ROA(3y)6.5%
ROA(5y)0.38%
ROE(3y)15.13%
ROE(5y)1.97%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DSX has a Profit Margin of 2.86%. This is in the lower half of the industry: DSX underperforms 75.00% of its industry peers.
DSX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 22.95%, DSX is in line with its industry, outperforming 46.43% of the companies in the same industry.
In the last couple of years the Operating Margin of DSX has grown nicely.
DSX has a better Gross Margin (57.48%) than 60.71% of its industry peers.
DSX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.95% | ||
| PM (TTM) | 2.86% | ||
| GM | 57.48% |
OM growth 3YN/A
OM growth 5Y11.68%
PM growth 3YN/A
PM growth 5Y28.64%
GM growth 3Y14.45%
GM growth 5Y2.67%
2. Health
2.1 Basic Checks
DSX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, DSX has more shares outstanding
DSX has more shares outstanding than it did 5 years ago.
DSX has a better debt/assets ratio than last year.
2.2 Solvency
DSX has a debt to FCF ratio of 9.48. This is a negative value and a sign of low solvency as DSX would need 9.48 years to pay back of all of its debts.
The Debt to FCF ratio of DSX (9.48) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.27 is on the high side and indicates that DSX has dependencies on debt financing.
DSX has a Debt to Equity ratio of 1.27. This is amonst the worse of the industry: DSX underperforms 82.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.93%
2.3 Liquidity
DSX has a Current Ratio of 2.14. This indicates that DSX is financially healthy and has no problem in meeting its short term obligations.
DSX has a better Current ratio (2.14) than 71.43% of its industry peers.
DSX has a Quick Ratio of 2.08. This indicates that DSX is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.08, DSX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
DSX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -85.09%.
The Earnings Per Share has been growing by 26.97% on average over the past years. This is a very strong growth
Looking at the last year, DSX shows a very negative growth in Revenue. The Revenue has decreased by -16.79% in the last year.
Measured over the past years, DSX shows a small growth in Revenue. The Revenue has been growing by 2.99% on average per year.
EPS 1Y (TTM)-85.09%
EPS 3YN/A
EPS 5Y26.97%
EPS Q2Q%-75%
Revenue 1Y (TTM)-16.79%
Revenue growth 3Y15.59%
Revenue growth 5Y2.99%
Sales Q2Q%-7.37%
3.2 Future
DSX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.08% yearly.
The Revenue is expected to grow by 0.05% on average over the next years.
EPS Next Y-63.27%
EPS Next 2Y20.57%
EPS Next 3Y6.08%
EPS Next 5YN/A
Revenue Next Year-6.2%
Revenue Next 2Y4.26%
Revenue Next 3Y0.05%
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 decreasing.
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
A Price/Earnings ratio of 20.06 indicates a rather expensive valuation of DSX.
75.00% of the companies in the same industry are cheaper than DSX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of DSX to the average of the S&P500 Index (30.42), we can say DSX is valued slightly cheaper.
DSX is valuated cheaply with a Price/Forward Earnings ratio of 3.76.
DSX's Price/Forward Earnings ratio is rather cheap when compared to the industry. DSX is cheaper than 82.14% of the companies in the same industry.
DSX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.75, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 3.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DSX is valued a bit more expensive than 60.71% of the companies in the same industry.
67.86% of the companies in the same industry are more expensive than DSX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.42 | ||
| EV/EBITDA | 6.51 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.74
EPS Next 2Y20.57%
EPS Next 3Y6.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.24%, DSX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 14.64, DSX pays a better dividend. On top of this DSX pays more dividend than 82.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, DSX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.24% |
5.2 History
On average, the dividend of DSX grows each year by 51.23%, which is quite nice.
DSX has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)51.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The dividend of DSX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y20.57%
EPS Next 3Y6.08%
NYSE:DSX (2/20/2025, 2:28:07 PM)
1.805
-0.03 (-1.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners12.46%
Inst Owner Change3.42%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap225.97M
Analysts84
Price Target3.71 (105.54%)
Short Float %1.18%
Short Ratio1.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.24% |
Yearly Dividend0.44
Dividend Growth(5Y)51.23%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-73.07%
Min EPS beat(2)-83.5%
Max EPS beat(2)-62.64%
EPS beat(4)1
Avg EPS beat(4)-40.92%
Min EPS beat(4)-83.5%
Max EPS beat(4)0.69%
EPS beat(8)4
Avg EPS beat(8)-16.47%
EPS beat(12)8
Avg EPS beat(12)-5.39%
EPS beat(16)9
Avg EPS beat(16)-1.77%
Revenue beat(2)0
Avg Revenue beat(2)-10.16%
Min Revenue beat(2)-16.3%
Max Revenue beat(2)-4.03%
Revenue beat(4)1
Avg Revenue beat(4)-5.68%
Min Revenue beat(4)-16.3%
Max Revenue beat(4)1.14%
Revenue beat(8)4
Avg Revenue beat(8)-0.61%
Revenue beat(12)7
Avg Revenue beat(12)0.55%
Revenue beat(16)10
Avg Revenue beat(16)1.55%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-50%
EPS NY rev (1m)0%
EPS NY rev (3m)-55.56%
Revenue NQ rev (1m)-24.84%
Revenue NQ rev (3m)-19.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.06 | ||
| Fwd PE | 3.76 | ||
| P/S | 0.98 | ||
| P/FCF | 3.42 | ||
| P/OCF | 3.42 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 6.51 |
EPS(TTM)0.09
EY4.99%
EPS(NY)0.48
Fwd EY26.58%
FCF(TTM)0.53
FCFY29.28%
OCF(TTM)0.53
OCFY29.28%
SpS1.85
BVpS3.96
TBVpS3.96
PEG (NY)N/A
PEG (5Y)0.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 1.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.95% | ||
| PM (TTM) | 2.86% | ||
| GM | 57.48% | ||
| FCFM | 28.62% |
ROA(3y)6.5%
ROA(5y)0.38%
ROE(3y)15.13%
ROE(5y)1.97%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.5%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y11.68%
PM growth 3YN/A
PM growth 5Y28.64%
GM growth 3Y14.45%
GM growth 5Y2.67%
F-Score5
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.35% | ||
| Profit Quality | 999.34% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | N/A |
F-Score5
WACC7.93%
ROIC/WACCN/A
Cap/Depr(3y)214.72%
Cap/Depr(5y)132.85%
Cap/Sales(3y)33.54%
Cap/Sales(5y)21.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-85.09%
EPS 3YN/A
EPS 5Y26.97%
EPS Q2Q%-75%
EPS Next Y-63.27%
EPS Next 2Y20.57%
EPS Next 3Y6.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.79%
Revenue growth 3Y15.59%
Revenue growth 5Y2.99%
Sales Q2Q%-7.37%
Revenue Next Year-6.2%
Revenue Next 2Y4.26%
Revenue Next 3Y0.05%
Revenue Next 5YN/A
EBIT growth 1Y-45.65%
EBIT growth 3YN/A
EBIT growth 5Y15.02%
EBIT Next Year35.4%
EBIT Next 3Y16.59%
EBIT Next 5YN/A
FCF growth 1Y153.6%
FCF growth 3Y51.56%
FCF growth 5Y-12.9%
OCF growth 1Y-55.71%
OCF growth 3Y59.95%
OCF growth 5Y-2.51%