INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
USA - NYSE:INSW - MHY410531021 - Common Stock
45.24 USD
-1.09 (-2.35%)
45.3 USD
+0.06 (+0.13%)
INSW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While INSW belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. INSW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
INSW had positive earnings in the past year.
In the past year INSW had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: INSW reported negative net income in multiple years.
Of the past 5 years INSW 4 years had a positive operating cash flow.
1.2 Ratios
INSW has a Return On Assets of 9.46%. This is amongst the best in the industry. INSW outperforms 85.78% of its industry peers.
INSW has a better Return On Equity (12.56%) than 68.72% of its industry peers.
With a decent Return On Invested Capital value of 9.04%, INSW is doing good in the industry, outperforming 77.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for INSW is significantly below the industry average of 21.53%.
The 3 year average ROIC (15.75%) for INSW is well above the current ROIC(9.04%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.46% | ||
| ROE | 12.56% | ||
| ROIC | 9.04% |
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 29.87%, INSW belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
INSW's Operating Margin of 31.11% is fine compared to the rest of the industry. INSW outperforms 74.88% of its industry peers.
INSW's Operating Margin has improved in the last couple of years.
INSW has a better Gross Margin (60.11%) than 68.25% of its industry peers.
In the last couple of years the Gross Margin of INSW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.11% | ||
| PM (TTM) | 29.87% | ||
| GM | 60.11% |
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
INSW has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for INSW has been increased compared to 1 year ago.
Compared to 5 years ago, INSW has more shares outstanding
Compared to 1 year ago, INSW has an improved debt to assets ratio.
2.2 Solvency
INSW has an Altman-Z score of 3.06. This indicates that INSW is financially healthy and has little risk of bankruptcy at the moment.
INSW has a Altman-Z score of 3.06. This is amongst the best in the industry. INSW outperforms 81.04% of its industry peers.
The Debt to FCF ratio of INSW is 2.73, which is a good value as it means it would take INSW, 2.73 years of fcf income to pay off all of its debts.
INSW has a Debt to FCF ratio of 2.73. This is in the better half of the industry: INSW outperforms 78.20% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that INSW is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.14, INSW is doing good in the industry, outperforming 72.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.1
WACC8.2%
2.3 Liquidity
A Current Ratio of 0.95 indicates that INSW may have some problems paying its short term obligations.
INSW has a Current ratio (0.95) which is comparable to the rest of the industry.
A Quick Ratio of 0.95 indicates that INSW may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.95, INSW is in line with its industry, outperforming 51.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for INSW have decreased strongly by -54.89% in the last year.
INSW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 68.58% yearly.
INSW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.01%.
The Revenue has been growing by 21.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-54.89%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-56.96%
Revenue 1Y (TTM)-22.01%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
3.2 Future
INSW is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.25% yearly.
Based on estimates for the next years, INSW will show a decrease in Revenue. The Revenue will decrease by -2.56% on average per year.
EPS Next Y-42.29%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue Next Year-17.5%
Revenue Next 2Y-6.83%
Revenue Next 3Y-2.56%
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.
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
Based on the Price/Earnings ratio of 10.55, the valuation of INSW can be described as reasonable.
Based on the Price/Earnings ratio, INSW is valued a bit cheaper than the industry average as 71.56% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of INSW to the average of the S&P500 Index (27.77), we can say INSW is valued rather cheaply.
A Price/Forward Earnings ratio of 8.21 indicates a reasonable valuation of INSW.
Based on the Price/Forward Earnings ratio, INSW is valued a bit cheaper than the industry average as 78.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, INSW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.55 | ||
| Fwd PE | 8.21 |
4.2 Price Multiples
64.45% of the companies in the same industry are more expensive than INSW, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INSW is valued a bit cheaper than the industry average as 70.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.14 | ||
| EV/EBITDA | 6.58 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
INSW's earnings are expected to decrease with -5.25% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.07%.
Compared to an average industry Dividend Yield of 6.30, INSW is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.36, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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
82.53% of the earnings are spent on dividend by INSW. This is not a sustainable payout ratio.
DP82.53%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
45.24
-1.09 (-2.35%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.29%
Inst Owner Change0.48%
Ins Owners1.56%
Ins Owner Change0.2%
Market Cap2.23B
Analysts85.33
Price Target57.04 (26.08%)
Short Float %8.03%
Short Ratio5.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP82.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.97%
Min EPS beat(2)5.64%
Max EPS beat(2)26.3%
EPS beat(4)3
Avg EPS beat(4)6.65%
Min EPS beat(4)-6.73%
Max EPS beat(4)26.3%
EPS beat(8)6
Avg EPS beat(8)7.54%
EPS beat(12)9
Avg EPS beat(12)7.82%
EPS beat(16)12
Avg EPS beat(16)4.14%
Revenue beat(2)1
Avg Revenue beat(2)1.35%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)3.05%
Revenue beat(4)3
Avg Revenue beat(4)1.47%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)3.05%
Revenue beat(8)6
Avg Revenue beat(8)3.04%
Revenue beat(12)9
Avg Revenue beat(12)4.07%
Revenue beat(16)12
Avg Revenue beat(16)3.08%
PT rev (1m)1.82%
PT rev (3m)9.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.02%
EPS NY rev (1m)0.5%
EPS NY rev (3m)-5.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.55 | ||
| Fwd PE | 8.21 | ||
| P/S | 2.8 | ||
| P/FCF | 11.14 | ||
| P/OCF | 5.9 | ||
| P/B | 1.18 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 6.58 |
EPS(TTM)4.29
EY9.48%
EPS(NY)5.51
Fwd EY12.18%
FCF(TTM)4.06
FCFY8.98%
OCF(TTM)7.67
OCFY16.95%
SpS16.18
BVpS38.48
TBVpS38.48
PEG (NY)N/A
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.46% | ||
| ROE | 12.56% | ||
| ROCE | 11.44% | ||
| ROIC | 9.04% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 9.7% | ||
| OM | 31.11% | ||
| PM (TTM) | 29.87% | ||
| GM | 60.11% | ||
| FCFM | 25.11% |
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-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 111.33% | ||
| Cap/Sales | 22.27% | ||
| Interest Coverage | 6.15 | ||
| Cash Conversion | 92.68% | ||
| Profit Quality | 84.04% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 3.06 |
F-Score4
WACC8.2%
ROIC/WACC1.1
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)-54.89%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-56.96%
EPS Next Y-42.29%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.01%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
Revenue Next Year-17.5%
Revenue Next 2Y-6.83%
Revenue Next 3Y-2.56%
Revenue Next 5YN/A
EBIT growth 1Y-52.01%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-10.85%
EBIT Next 3Y4.23%
EBIT Next 5YN/A
FCF growth 1Y-54.04%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-44.95%
OCF growth 3YN/A
OCF growth 5Y44.28%