INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
NYSE:INSW - New York Stock Exchange, Inc. - MHY410531021 - Common Stock - Currency: USD
INSW gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making INSW a very profitable company, without any liquidiy or solvency issues. INSW is valued quite cheap, but it does not seem to be growing. These ratings would make INSW suitable for value investing!
1. Profitability
1.1 Basic Checks
INSW had positive earnings in the past year.
INSW had a positive operating cash flow in the past year.
In multiple years INSW reported negative net income over the last 5 years.
INSW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of INSW (12.65%) is better than 88.63% of its industry peers.
With a decent Return On Equity value of 17.21%, INSW is doing good in the industry, outperforming 75.83% of the companies in the same industry.
INSW has a Return On Invested Capital of 10.35%. This is in the better half of the industry: INSW outperforms 77.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for INSW is significantly below the industry average of 23.79%.
The last Return On Invested Capital (10.35%) for INSW is well below the 3 year average (15.75%), which needs to be investigated, but indicates that INSW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 17.21% | ||
| ROIC | 10.35% |
ROA(3y)17.56%
ROA(5y)9.33%
ROE(3y)26.97%
ROE(5y)13.79%
ROIC(3y)15.75%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 37.38%, INSW belongs to the best of the industry, outperforming 90.05% of the companies in the same industry.
The Operating Margin of INSW (36.89%) is better than 81.99% of its industry peers.
In the last couple of years the Operating Margin of INSW has grown nicely.
INSW has a better Gross Margin (63.14%) than 71.56% of its industry peers.
INSW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.89% | ||
| PM (TTM) | 37.38% | ||
| GM | 63.14% |
OM growth 3YN/A
OM growth 5Y24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y46.39%
GM growth 5Y5.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INSW is still creating some value.
Compared to 1 year ago, INSW has more shares outstanding
Compared to 5 years ago, INSW has more shares outstanding
INSW has a better debt/assets ratio than last year.
2.2 Solvency
INSW has an Altman-Z score of 2.81. This is not the best score and indicates that INSW is in the grey zone with still only limited risk for bankruptcy at the moment.
INSW has a better Altman-Z score (2.81) than 80.57% of its industry peers.
INSW has a debt to FCF ratio of 4.79. This is a neutral value as INSW would need 4.79 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.79, INSW is in the better half of the industry, outperforming 65.40% of the companies in the same industry.
INSW has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.29, INSW is in the better half of the industry, outperforming 64.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.79 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.12
WACC9.21%
2.3 Liquidity
INSW has a Current Ratio of 2.76. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
INSW has a better Current ratio (2.76) than 83.41% of its industry peers.
A Quick Ratio of 2.75 indicates that INSW has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.75, INSW belongs to the top of the industry, outperforming 84.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.75 |
3. Growth
3.1 Past
INSW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.03%.
INSW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 68.58% yearly.
The Revenue for INSW has decreased by -18.74% in the past year. This is quite bad
The Revenue has been growing by 21.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-45.03%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-72.6%
Revenue 1Y (TTM)-18.74%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-33.17%
3.2 Future
The Earnings Per Share is expected to decrease by -0.81% on average over the next years.
Based on estimates for the next years, INSW will show a decrease in Revenue. The Revenue will decrease by -1.67% on average per year.
EPS Next Y-38.72%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
EPS Next 5YN/A
Revenue Next Year-16.14%
Revenue Next 2Y-7.57%
Revenue Next 3Y-1.67%
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 7.10 indicates a rather cheap valuation of INSW.
Based on the Price/Earnings ratio, INSW is valued cheaply inside the industry as 84.36% of the companies are valued more expensively.
INSW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 7.59, the valuation of INSW can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INSW indicates a rather cheap valuation: INSW is cheaper than 81.52% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, INSW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 7.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INSW is valued a bit cheaper than 70.62% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of INSW indicates a somewhat cheap valuation: INSW is cheaper than 63.03% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.9 | ||
| EV/EBITDA | 5.16 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.21%.
INSW's Dividend Yield is slightly below the industry average, which is at 6.48.
Compared to an average S&P500 Dividend Yield of 2.35, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
INSW has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
INSW pays out 79.04% of its income as dividend. This is not a sustainable payout ratio.
DP79.04%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
40.04
+0.23 (+0.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners74.9%
Inst Owner Change0%
Ins Owners1.56%
Ins Owner Change3.69%
Market Cap1.98B
Analysts85.71
Price Target59.16 (47.75%)
Short Float %7.13%
Short Ratio4.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP79.04%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.83%
Min EPS beat(2)1.37%
Max EPS beat(2)26.3%
EPS beat(4)2
Avg EPS beat(4)3.35%
Min EPS beat(4)-7.52%
Max EPS beat(4)26.3%
EPS beat(8)6
Avg EPS beat(8)8.82%
EPS beat(12)9
Avg EPS beat(12)8.8%
EPS beat(16)12
Avg EPS beat(16)4.27%
Revenue beat(2)2
Avg Revenue beat(2)2.77%
Min Revenue beat(2)2.49%
Max Revenue beat(2)3.05%
Revenue beat(4)3
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)3.05%
Revenue beat(8)7
Avg Revenue beat(8)4.72%
Revenue beat(12)10
Avg Revenue beat(12)4.21%
Revenue beat(16)12
Avg Revenue beat(16)2.88%
PT rev (1m)0%
PT rev (3m)-5.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.74%
EPS NY rev (1m)2.03%
EPS NY rev (3m)-11.84%
Revenue NQ rev (1m)-1.6%
Revenue NQ rev (3m)2.47%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)-5.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 7.59 | ||
| P/S | 2.3 | ||
| P/FCF | 15.9 | ||
| P/OCF | 4.29 | ||
| P/B | 1.06 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 5.16 |
EPS(TTM)5.64
EY14.09%
EPS(NY)5.27
Fwd EY13.17%
FCF(TTM)2.52
FCFY6.29%
OCF(TTM)9.34
OCFY23.32%
SpS17.44
BVpS37.88
TBVpS37.88
PEG (NY)N/A
PEG (5Y)0.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 17.21% | ||
| ROCE | 13.1% | ||
| ROIC | 10.35% | ||
| ROICexc | 10.95% | ||
| ROICexgc | 10.95% | ||
| OM | 36.89% | ||
| PM (TTM) | 37.38% | ||
| GM | 63.14% | ||
| FCFM | 14.44% |
ROA(3y)17.56%
ROA(5y)9.33%
ROE(3y)26.97%
ROE(5y)13.79%
ROIC(3y)15.75%
ROIC(5y)N/A
ROICexc(3y)17.37%
ROICexc(5y)N/A
ROICexgc(3y)17.37%
ROICexgc(5y)N/A
ROCE(3y)19.93%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y38.12%
ROICexc growth 3YN/A
ROICexc growth 5Y38.12%
OM growth 3YN/A
OM growth 5Y24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y46.39%
GM growth 5Y5.85%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.79 | ||
| Debt/EBITDA | 1.15 | ||
| Cap/Depr | 217.05% | ||
| Cap/Sales | 39.09% | ||
| Interest Coverage | 7.46 | ||
| Cash Conversion | 97.49% | ||
| Profit Quality | 38.62% | ||
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.75 | ||
| Altman-Z | 2.81 |
F-Score5
WACC9.21%
ROIC/WACC1.12
Cap/Depr(3y)150.85%
Cap/Depr(5y)121.87%
Cap/Sales(3y)20.74%
Cap/Sales(5y)20.64%
Profit Quality(3y)64.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.03%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-72.6%
EPS Next Y-38.72%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.74%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-33.17%
Revenue Next Year-16.14%
Revenue Next 2Y-7.57%
Revenue Next 3Y-1.67%
Revenue Next 5YN/A
EBIT growth 1Y-43.25%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-7.97%
EBIT Next 3Y7.16%
EBIT Next 5YN/A
FCF growth 1Y-67.55%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-12.82%
OCF growth 3YN/A
OCF growth 5Y44.28%