Gaslog Partners LP (GLOP) Stock Fundamental Analysis
USA - NYSE:GLOP - MHY2687W1084
8.63 USD
-0.01 (-0.12%)
8 USD
-0.63 (-7.3%)
GLOP 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. There are concerns on the financial health of GLOP while its profitability can be described as average. GLOP has a valuation in line with the averages, but it does not seem to be growing.
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.
The reported net income has been mixed in the past 5 years: GLOP reported negative net income in multiple years.
In the past 5 years GLOP always reported a positive cash flow from operatings.
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.
The Average Return On Invested Capital over the past 3 years for GLOP is significantly below the industry average of 21.89%.
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.
GLOP's Profit Margin has improved in the last couple of years.
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.
GLOP has a better Gross Margin (79.98%) than 81.86% of its industry peers.
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.
Compared to 1 year ago, GLOP has more shares outstanding
Compared to 1 year ago, GLOP has an improved debt to assets ratio.
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 of 3.27. This is comparable to the rest of the industry: GLOP outperforms 54.42% of its industry peers.
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 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
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.
A Quick Ratio of 0.98 indicates that GLOP may have some problems paying its short term obligations.
The Quick ratio of GLOP (0.98) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
GLOP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 81.54%, which is quite impressive.
Measured over the past years, GLOP shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.37% on average per year.
The Revenue has grown by 18.53% in the past year. This is quite good.
Measured over the past years, GLOP shows a decrease in Revenue. The Revenue has been decreasing by -1.58% on average per year.
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.
The Revenue is expected to decrease by -6.60% on average over the next years.
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
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
With a Price/Earnings ratio of 3.66, the valuation of GLOP can be described as very cheap.
Based on the Price/Earnings ratio, GLOP is valued a bit cheaper than the industry average as 79.07% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.06, GLOP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.70, the valuation of GLOP can be described as very cheap.
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 32.73, GLOP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.66 | ||
| Fwd PE | 6.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLOP indicates a somewhat cheap valuation: GLOP is cheaper than 63.72% of the companies listed in the same industry.
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 an expensive valuation of the company.
GLOP's earnings are expected to decrease with -19.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)2.1
PEG (5Y)N/A
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
5. Dividend
5.1 Amount
With a yearly dividend of 0.46%, GLOP is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.91, GLOP is paying slightly less dividend.
With a Dividend Yield of 0.46, GLOP pays less dividend than the S&P500 average, which is at 2.36.
| 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.
GLOP has decreased its dividend 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%
8.63
-0.01 (-0.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 ChartMill fundamental rating of Gaslog Partners LP (GLOP) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GLOP.
Can you provide the valuation status for Gaslog Partners LP?
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.
Can you provide the expected EPS growth for GLOP stock?
The Earnings per Share (EPS) of Gaslog Partners LP (GLOP) is expected to grow by 1.74% in the next year.
Can you provide the dividend sustainability for GLOP stock?
The dividend rating of Gaslog Partners LP (GLOP) is 3 / 10 and the dividend payout ratio is 29.8%.