Gaslog Partners LP (GLOP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GLOP - MHY2687W1084
8.63 USD
-0.01 (-0.12%)
8 USD
-0.63 (-7.3%)
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.
1. Profitability
1.1 Basic Checks
- In the past year GLOP was profitable.
- In the past year GLOP had a positive cash flow from operations.
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 worse Return On Invested Capital (9.57%) than 60.47% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for GLOP is significantly below the industry average of 21.94%.
- The last Return On Invested Capital (9.57%) for GLOP is above the 3 year average (6.43%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- GLOP has a Profit Margin of 24.56%. This is comparable to the rest of the industry: GLOP outperforms 53.95% of its industry peers.
- In the last couple of years the Profit Margin of GLOP has grown nicely.
- GLOP's Operating Margin of 52.25% is fine compared to the rest of the industry. GLOP outperforms 77.21% of its industry peers.
- GLOP's Operating Margin has been stable in the last couple of years.
- With an excellent Gross Margin value of 79.98%, GLOP belongs to the best of the industry, outperforming 81.86% of the companies in the same industry.
- In the last couple of years the Gross Margin of GLOP has remained more or less at the same level.
| Industry Rank | Sector 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%
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.
- The debt/assets ratio for GLOP has been reduced compared to a year ago.
2.2 Solvency
- GLOP has a debt to FCF ratio of 3.27. This is a good value and a sign of high solvency as GLOP would need 3.27 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 3.27, GLOP perfoms like the industry average, outperforming 54.42% of the companies in the same industry.
- A Debt/Equity ratio of 0.67 indicates that GLOP is somewhat dependend on debt financing.
- GLOP has a Debt to Equity ratio of 0.67. This is in the lower half of the industry: GLOP underperforms 64.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | N/A |
ROIC/WACC1.31
WACC7.3%
2.3 Liquidity
- A Current Ratio of 0.99 indicates that GLOP may have some problems paying 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.
- With a Quick ratio value of 0.98, GLOP perfoms like the industry average, outperforming 46.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 81.54% over the past year.
- GLOP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.37% yearly.
- Looking at the last year, GLOP shows a quite strong growth in Revenue. The Revenue has grown by 18.53% in the last year.
- The Revenue has been decreasing by -1.58% on average over the past years.
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
- GLOP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -19.08% yearly.
- Based on estimates for the next years, GLOP will show a decrease in Revenue. The Revenue will decrease by -6.60% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
- GLOP is valuated cheaply with a Price/Earnings ratio of 3.66.
- 79.07% of the companies in the same industry are more expensive than GLOP, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of GLOP to the average of the S&P500 Index (28.60), we can say GLOP is valued rather cheaply.
- GLOP is valuated cheaply with a Price/Forward Earnings ratio of 6.70.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of GLOP indicates a somewhat cheap valuation: GLOP is cheaper than 68.84% of the companies listed in the same industry.
- GLOP is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.66 | ||
| Fwd PE | 6.7 |
4.2 Price Multiples
- 63.72% of the companies in the same industry are more expensive than GLOP, based on the Enterprise Value to EBITDA ratio.
- GLOP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GLOP is cheaper than 97.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.63 | ||
| EV/EBITDA | 3.6 |
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%
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 3.73, 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 Rank | Sector 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
5.3 Sustainability
- 29.80% of the earnings are spent on dividend by GLOP. This is a low number and sustainable payout ratio.
- GLOP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP29.8%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
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.