Gaslog Partners LP (GLOP) Stock Fundamental Analysis

NYSE:GLOP • MHY2687W1084

8.63 USD
-0.01 (-0.12%)
At close: Jul 12, 2023
8 USD
-0.63 (-7.3%)
Pre-Market: 7/13/2023, 7:25:36 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

GLOP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. GLOP has a medium profitability rating, but doesn't score so well on its financial health evaluation. GLOP has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • GLOP had positive earnings in the past year.
  • In the past year GLOP had a positive cash flow from operations.
GLOP Yearly Net Income VS EBIT VS OCF VS FCFGLOP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 100M -100M 200M -200M

1.2 Ratios

  • GLOP has a worse Return On Assets (4.79%) than 67.91% of its industry peers.
  • GLOP has a Return On Equity of 9.53%. This is in the lower half of the industry: GLOP underperforms 70.23% of its industry peers.
  • GLOP has a Return On Invested Capital of 9.57%. This is in the lower half of the industry: GLOP underperforms 60.47% of its industry peers.
  • GLOP had an Average Return On Invested Capital over the past 3 years of 6.43%. This is significantly below the industry average of 22.17%.
  • The 3 year average ROIC (6.43%) for GLOP is below the current ROIC(9.57%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.79%
ROE 9.53%
ROIC 9.57%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.43%
ROIC(5y)6.63%
GLOP Yearly ROA, ROE, ROICGLOP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 5 -5

1.3 Margins

  • The Profit Margin of GLOP (24.56%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of GLOP has grown nicely.
  • With a decent Operating Margin value of 52.25%, GLOP is doing good in the industry, outperforming 77.21% of the companies in the same industry.
  • In the last couple of years the Operating Margin of GLOP has remained more or less at the same level.
  • The Gross Margin of GLOP (79.98%) is better than 81.86% of its industry peers.
  • GLOP's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 52.25%
PM (TTM) 24.56%
GM 79.98%
OM growth 3Y0.69%
OM growth 5Y-1.45%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y0.38%
GM growth 5Y-0.27%
GLOP Yearly Profit, Operating, Gross MarginsGLOP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GLOP is still creating some value.
  • GLOP has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, GLOP has an improved debt to assets ratio.
GLOP Yearly Shares OutstandingGLOP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M 50M
GLOP Yearly Total Debt VS Total AssetsGLOP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • The Debt to FCF ratio of GLOP is 3.27, which is a good value as it means it would take GLOP, 3.27 years of fcf income to pay off all of its debts.
  • GLOP has a Debt to FCF ratio (3.27) which is comparable to the rest of the industry.
  • GLOP has a Debt/Equity ratio of 0.67. This is a neutral value indicating GLOP is somewhat dependend on debt financing.
  • GLOP has a worse Debt to Equity ratio (0.67) than 64.19% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 3.27
Altman-Z N/A
ROIC/WACC1.31
WACC7.3%
GLOP Yearly LT Debt VS Equity VS FCFGLOP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 500M 1B

2.3 Liquidity

  • GLOP has a Current Ratio of 0.99. This is a bad value and indicates that GLOP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of GLOP (0.99) is worse than 64.65% of its industry peers.
  • GLOP has a Quick Ratio of 0.99. This is a bad value and indicates that GLOP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of GLOP (0.98) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.99
Quick Ratio 0.98
GLOP Yearly Current Assets VS Current LiabilitesGLOP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 81.54% over the past year.
  • The Earnings Per Share has been decreasing by -0.37% on average over the past years.
  • Looking at the last year, GLOP shows a quite strong growth in Revenue. The Revenue has grown by 18.53% in the last year.
  • GLOP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.58% yearly.
EPS 1Y (TTM)81.54%
EPS 3Y12.01%
EPS 5Y-0.37%
EPS Q2Q%51.22%
Revenue 1Y (TTM)18.53%
Revenue growth 3Y-0.68%
Revenue growth 5Y-1.58%
Sales Q2Q%15.93%

3.2 Future

  • Based on estimates for the next years, GLOP will show a very negative growth in Earnings Per Share. The EPS will decrease by -19.08% on average per year.
  • GLOP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.60% yearly.
EPS Next Y1.74%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
EPS Next 5YN/A
Revenue Next Year-0.38%
Revenue Next 2Y-7.27%
Revenue Next 3Y-6.6%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less 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.
GLOP Yearly Revenue VS EstimatesGLOP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
GLOP Yearly EPS VS EstimatesGLOP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 3.66, which indicates a rather cheap valuation of GLOP.
  • GLOP's Price/Earnings ratio is a bit cheaper when compared to the industry. GLOP is cheaper than 79.07% of the companies in the same industry.
  • GLOP is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • GLOP is valuated cheaply with a Price/Forward Earnings ratio of 6.70.
  • 68.84% of the companies in the same industry are more expensive than GLOP, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, GLOP is valued rather cheaply.
Industry RankSector Rank
PE 3.66
Fwd PE 6.7
GLOP Price Earnings VS Forward Price EarningsGLOP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GLOP is valued a bit cheaper than 63.72% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, GLOP is valued cheaply inside the industry as 97.21% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 1.63
EV/EBITDA 3.6
GLOP Per share dataGLOP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLOP does not grow enough to justify the current Price/Earnings ratio.
  • A cheap valuation may be justified as GLOP's earnings are expected to decrease with -19.08% in the coming years.
PEG (NY)2.1
PEG (5Y)N/A
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • GLOP has a yearly dividend return of 0.46%, which is pretty low.
  • Compared to an average industry Dividend Yield of 3.47, GLOP is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.82, GLOP's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.46%

5.2 History

  • The dividend of GLOP decreases each year by -25.08%.
  • GLOP has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of GLOP decreased recently.
Dividend Growth(5Y)-25.08%
Div Incr Years0
Div Non Decr Years1
GLOP Yearly Dividends per shareGLOP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 1 2 3

5.3 Sustainability

  • GLOP pays out 29.80% of its income as dividend. This is a sustainable payout ratio.
  • The Dividend Rate of GLOP has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP29.8%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
GLOP Yearly Income VS Free CF VS DividendGLOP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 0 100M -100M 200M -200M
GLOP Dividend Payout.GLOP Dividend Payout, showing the Payout Ratio.GLOP Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

Gaslog Partners LP

NYSE:GLOP (7/12/2023, 8:11:22 PM)

Premarket: 8 -0.63 (-7.3%)

8.63

-0.01 (-0.12%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)04-27
Earnings (Next)07-26
Inst Owners0.01%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap458.97M
Revenue(TTM)384.64M
Net Income(TTM)94.47M
Analysts47.5
Price Target8.91 (3.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.46%
Yearly Dividend0.55
Dividend Growth(5Y)-25.08%
DP29.8%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.79%
Min EPS beat(2)0.3%
Max EPS beat(2)31.28%
EPS beat(4)4
Avg EPS beat(4)30.01%
Min EPS beat(4)0.3%
Max EPS beat(4)79.2%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)8.18%
Min Revenue beat(2)6.93%
Max Revenue beat(2)9.43%
Revenue beat(4)4
Avg Revenue beat(4)9.45%
Min Revenue beat(4)1.73%
Max Revenue beat(4)19.73%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.4%
EPS NY rev (1m)0%
EPS NY rev (3m)1.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.99%
Valuation
Industry RankSector Rank
PE 3.66
Fwd PE 6.7
P/S 1.19
P/FCF 1.63
P/OCF 1.61
P/B 0.46
P/tB 0.46
EV/EBITDA 3.6
EPS(TTM)2.36
EY27.35%
EPS(NY)1.29
Fwd EY14.92%
FCF(TTM)5.29
FCFY61.31%
OCF(TTM)5.38
OCFY62.29%
SpS7.23
BVpS18.63
TBVpS18.63
PEG (NY)2.1
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 4.79%
ROE 9.53%
ROCE N/A
ROIC 9.57%
ROICexc 11.53%
ROICexgc 11.53%
OM 52.25%
PM (TTM) 24.56%
GM 79.98%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.43%
ROIC(5y)6.63%
ROICexc(3y)7.04%
ROICexc(5y)7.16%
ROICexgc(3y)7.04%
ROICexgc(5y)7.16%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y9.38%
ROICexgc growth 5Y3.14%
ROICexc growth 3Y9.38%
ROICexc growth 5Y3.14%
OM growth 3Y0.69%
OM growth 5Y-1.45%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y0.38%
GM growth 5Y-0.27%
F-Score9
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 3.27
Debt/EBITDA 3.18
Cap/Depr 5.08%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 297.9%
Current Ratio 0.99
Quick Ratio 0.98
Altman-Z N/A
F-Score9
WACC7.3%
ROIC/WACC1.31
Cap/Depr(3y)18.01%
Cap/Depr(5y)19.44%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)81.54%
EPS 3Y12.01%
EPS 5Y-0.37%
EPS Q2Q%51.22%
EPS Next Y1.74%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
EPS Next 5YN/A
Revenue 1Y (TTM)18.53%
Revenue growth 3Y-0.68%
Revenue growth 5Y-1.58%
Sales Q2Q%15.93%
Revenue Next Year-0.38%
Revenue Next 2Y-7.27%
Revenue Next 3Y-6.6%
Revenue Next 5YN/A
EBIT growth 1Y43.14%
EBIT growth 3Y0%
EBIT growth 5Y-3%
EBIT Next Year53.2%
EBIT Next 3Y8%
EBIT Next 5YN/A
FCF growth 1Y51.18%
FCF growth 3Y6.91%
FCF growth 5Y2.01%
OCF growth 1Y36.19%
OCF growth 3Y5.12%
OCF growth 5Y1.79%

Gaslog Partners LP / GLOP FAQ

What is the fundamental rating for GLOP stock?

ChartMill assigns a fundamental rating of 4 / 10 to GLOP.


What is the valuation status of Gaslog Partners LP (GLOP) stock?

ChartMill assigns a valuation rating of 7 / 10 to Gaslog Partners LP (GLOP). This can be considered as Undervalued.


Can you provide the profitability details for Gaslog Partners LP?

Gaslog Partners LP (GLOP) has a profitability rating of 5 / 10.


What is the valuation of Gaslog Partners LP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for Gaslog Partners LP (GLOP) is 3.66 and the Price/Book (PB) ratio is 0.46.


What is the expected EPS growth for Gaslog Partners LP (GLOP) stock?

The Earnings per Share (EPS) of Gaslog Partners LP (GLOP) is expected to grow by 1.74% in the next year.