INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
USA - NYSE:INSW - MHY410531021 - Common Stock
49.03 USD
+0.61 (+1.26%)
49.03 USD
0 (0%)
Taking everything into account, INSW scores 5 out of 10 in our fundamental rating. INSW was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. INSW has an excellent profitability rating, but 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.
INSW had a positive operating cash flow in the past year.
In multiple years INSW reported negative net income over the last 5 years.
Of the past 5 years INSW 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.46%, INSW belongs to the top of the industry, outperforming 84.76% of the companies in the same industry.
The Return On Equity of INSW (12.56%) is better than 67.62% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.04%, INSW is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for INSW is significantly below the industry average of 21.76%.
The last Return On Invested Capital (9.04%) 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 | 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
The Profit Margin of INSW (29.87%) is better than 85.71% of its industry peers.
INSW has a better Operating Margin (31.11%) than 74.76% of its industry peers.
In the last couple of years the Operating Margin of INSW has grown nicely.
Looking at the Gross Margin, with a value of 60.11%, INSW is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so INSW is creating value.
The number of shares outstanding for INSW has been increased compared to 1 year ago.
INSW has more shares outstanding than it did 5 years ago.
The debt/assets ratio for INSW has been reduced compared to a year ago.
2.2 Solvency
INSW has an Altman-Z score of 3.16. This indicates that INSW is financially healthy and has little risk of bankruptcy at the moment.
INSW's Altman-Z score of 3.16 is amongst the best of the industry. INSW outperforms 82.38% 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 78.10% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that INSW is not too dependend on debt financing.
INSW has a better Debt to Equity ratio (0.14) than 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Altman-Z | 3.16 |
ROIC/WACC1.07
WACC8.43%
2.3 Liquidity
A Current Ratio of 0.95 indicates that INSW may have some problems paying its short term obligations.
With a Current ratio value of 0.95, INSW perfoms like the industry average, outperforming 40.95% of the companies in the same 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 50.95% 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.
Measured over the past years, INSW shows a very strong growth in Earnings Per Share. The EPS has been growing by 68.58% on average per year.
INSW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.01%.
Measured over the past years, INSW shows a very strong growth in Revenue. The Revenue has been growing by 21.05% on average per year.
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 -7.46% yearly.
Based on estimates for the next years, INSW will show a decrease in Revenue. The Revenue will decrease by -3.36% on average per year.
EPS Next Y-42.57%
EPS Next 2Y-17.12%
EPS Next 3Y-7.46%
EPS Next 5YN/A
Revenue Next Year-17.5%
Revenue Next 2Y-7.15%
Revenue Next 3Y-3.36%
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
INSW is valuated reasonably with a Price/Earnings ratio of 11.43.
Based on the Price/Earnings ratio, INSW is valued a bit cheaper than the industry average as 71.90% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.20. INSW is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.20, the valuation of INSW can be described as reasonable.
76.19% of the companies in the same industry are more expensive than INSW, based on the Price/Forward Earnings ratio.
INSW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.43 | ||
| Fwd PE | 9.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INSW is valued a bit cheaper than 62.86% of the companies in the same industry.
70.95% of the companies in the same industry are more expensive than INSW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.07 | ||
| EV/EBITDA | 6.83 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
A cheap valuation may be justified as INSW's earnings are expected to decrease with -7.46% in the coming years.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-17.12%
EPS Next 3Y-7.46%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.02%. Purely for dividend investing, there may be better candidates out there.
INSW's Dividend Yield is slightly below the industry average, which is at 6.18.
Compared to an average S&P500 Dividend Yield of 2.38, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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-17.12%
EPS Next 3Y-7.46%
49.03
+0.61 (+1.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners74.98%
Inst Owner Change2.9%
Ins Owners1.6%
Ins Owner Change1.3%
Market Cap2.42B
Analysts85.33
Price Target56.02 (14.26%)
Short Float %7.86%
Short Ratio5.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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)5%
PT rev (3m)-5.32%
EPS NQ rev (1m)-18.51%
EPS NQ rev (3m)-10.43%
EPS NY rev (1m)-6.28%
EPS NY rev (3m)-4.38%
Revenue NQ rev (1m)-5.25%
Revenue NQ rev (3m)-3.21%
Revenue NY rev (1m)-1.78%
Revenue NY rev (3m)-1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.43 | ||
| Fwd PE | 9.2 | ||
| P/S | 3.03 | ||
| P/FCF | 12.07 | ||
| P/OCF | 6.4 | ||
| P/B | 1.27 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 6.83 |
EPS(TTM)4.29
EY8.75%
EPS(NY)5.33
Fwd EY10.87%
FCF(TTM)4.06
FCFY8.29%
OCF(TTM)7.67
OCFY15.64%
SpS16.18
BVpS38.48
TBVpS38.48
PEG (NY)N/A
PEG (5Y)0.17
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 | 3.16 |
F-Score4
WACC8.43%
ROIC/WACC1.07
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-42.57%
EPS Next 2Y-17.12%
EPS Next 3Y-7.46%
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-7.15%
Revenue Next 3Y-3.36%
Revenue Next 5YN/A
EBIT growth 1Y-52.01%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-4.7%
EBIT Next 3Y10.58%
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%