INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INSW - MHY410531021 - Common Stock
49.15 USD
+0.61 (+1.26%)
49.15 USD
0 (0%)
Taking everything into account, INSW scores 5 out of 10 in our fundamental rating. INSW was compared to 209 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.
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's Return On Assets of 7.80% is amongst the best of the industry. INSW outperforms 80.86% of its industry peers.
INSW has a better Return On Equity (11.25%) than 68.42% of its industry peers.
The Return On Invested Capital of INSW (7.29%) is better than 66.03% of its industry peers.
INSW had an Average Return On Invested Capital over the past 3 years of 15.75%. This is significantly below the industry average of 21.18%.
The 3 year average ROIC (15.75%) for INSW is well above the current ROIC(7.29%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 11.25% | ||
| ROIC | 7.29% |
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
INSW's Profit Margin of 28.24% is amongst the best of the industry. INSW outperforms 86.60% of its industry peers.
With a decent Operating Margin value of 29.36%, INSW is doing good in the industry, outperforming 71.29% of the companies in the same industry.
In the last couple of years the Operating Margin of INSW has grown nicely.
INSW has a better Gross Margin (59.56%) than 68.42% of its industry peers.
INSW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.36% | ||
| PM (TTM) | 28.24% | ||
| GM | 59.56% |
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.
Compared to 1 year ago, INSW has more shares outstanding
INSW has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, INSW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.55 indicates that INSW is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.55, INSW is in the better half of the industry, outperforming 76.56% of the companies in the same industry.
INSW has a debt to FCF ratio of 10.45. This is a negative value and a sign of low solvency as INSW would need 10.45 years to pay back of all of its debts.
INSW has a Debt to FCF ratio of 10.45. This is comparable to the rest of the industry: INSW outperforms 54.55% of its industry peers.
INSW has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.26, INSW is in the better half of the industry, outperforming 65.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 10.45 | ||
| Altman-Z | 2.55 |
ROIC/WACC0.87
WACC8.38%
2.3 Liquidity
INSW has a Current Ratio of 1.75. This is a normal value and indicates that INSW is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.75, INSW is doing good in the industry, outperforming 71.77% of the companies in the same industry.
A Quick Ratio of 1.75 indicates that INSW should not have too much problems paying its short term obligations.
The Quick ratio of INSW (1.75) is better than 76.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
The earnings per share for INSW have decreased strongly by -57.19% 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.
Looking at the last year, INSW shows a very negative growth in Revenue. The Revenue has decreased by -23.59% in the last year.
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)-57.19%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-26.75%
Revenue 1Y (TTM)-23.59%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-12.79%
3.2 Future
Based on estimates for the next years, INSW will show a very negative growth in Earnings Per Share. The EPS will decrease by -13.10% on average per year.
INSW is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.71% yearly.
EPS Next Y-36.62%
EPS Next 2Y-18.66%
EPS Next 3Y-13.1%
EPS Next 5YN/A
Revenue Next Year-14.92%
Revenue Next 2Y-5.84%
Revenue Next 3Y-3.71%
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
Based on the Price/Earnings ratio of 12.70, the valuation of INSW can be described as correct.
INSW's Price/Earnings ratio is a bit cheaper when compared to the industry. INSW is cheaper than 63.64% of the companies in the same industry.
When comparing the Price/Earnings ratio of INSW to the average of the S&P500 Index (26.84), we can say INSW is valued rather cheaply.
The Price/Forward Earnings ratio is 9.57, which indicates a very decent valuation of INSW.
INSW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. INSW is cheaper than 77.51% of the companies in the same industry.
INSW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.7 | ||
| Fwd PE | 9.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INSW is valued a bit cheaper than 60.29% of the companies in the same industry.
INSW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.03 | ||
| EV/EBITDA | 7.16 |
4.3 Compensation for Growth
INSW has a very decent profitability rating, which may justify a higher PE ratio.
INSW's earnings are expected to decrease with -13.10% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-18.66%
EPS Next 3Y-13.1%
5. Dividend
5.1 Amount
With a yearly dividend of 1.00%, INSW is not a good candidate for dividend investing.
INSW's Dividend Yield is slightly below the industry average, which is at 3.93.
Compared to an average S&P500 Dividend Yield of 2.00, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
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
74.10% of the earnings are spent on dividend by INSW. This is not a sustainable payout ratio.
DP74.1%
EPS Next 2Y-18.66%
EPS Next 3Y-13.1%
49.15
+0.61 (+1.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.85%
Inst Owner Change-0.12%
Ins Owners1.52%
Ins Owner Change-0.9%
Market Cap2.43B
Revenue(TTM)770.04M
Net Income(TTM)217.49M
Analysts84
Price Target60.11 (22.3%)
Short Float %5.29%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP74.1%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.63%
Min EPS beat(2)5.64%
Max EPS beat(2)21.62%
EPS beat(4)4
Avg EPS beat(4)13.73%
Min EPS beat(4)1.37%
Max EPS beat(4)26.3%
EPS beat(8)6
Avg EPS beat(8)7.9%
EPS beat(12)10
Avg EPS beat(12)10.35%
EPS beat(16)12
Avg EPS beat(16)3.89%
Revenue beat(2)1
Avg Revenue beat(2)2.35%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)5.05%
Revenue beat(4)3
Avg Revenue beat(4)2.56%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)5.05%
Revenue beat(8)6
Avg Revenue beat(8)2.54%
Revenue beat(12)10
Avg Revenue beat(12)4.71%
Revenue beat(16)12
Avg Revenue beat(16)3.04%
PT rev (1m)0%
PT rev (3m)7.31%
EPS NQ rev (1m)-4.53%
EPS NQ rev (3m)0.27%
EPS NY rev (1m)5.63%
EPS NY rev (3m)9.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.61%
Revenue NY rev (1m)2.72%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.7 | ||
| Fwd PE | 9.57 | ||
| P/S | 3.15 | ||
| P/FCF | 32.03 | ||
| P/OCF | 7.41 | ||
| P/B | 1.26 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 7.16 |
EPS(TTM)3.87
EY7.87%
EPS(NY)5.13
Fwd EY10.45%
FCF(TTM)1.53
FCFY3.12%
OCF(TTM)6.63
OCFY13.5%
SpS15.59
BVpS39.15
TBVpS39.15
PEG (NY)N/A
PEG (5Y)0.19
Graham Number58.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.8% | ||
| ROE | 11.25% | ||
| ROCE | 9.22% | ||
| ROIC | 7.29% | ||
| ROICexc | 8.76% | ||
| ROICexgc | 8.76% | ||
| OM | 29.36% | ||
| PM (TTM) | 28.24% | ||
| GM | 59.56% | ||
| FCFM | 9.84% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 10.45 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 155.78% | ||
| Cap/Sales | 32.71% | ||
| Interest Coverage | 6.03 | ||
| Cash Conversion | 84.5% | ||
| Profit Quality | 34.85% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 2.55 |
F-Score4
WACC8.38%
ROIC/WACC0.87
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)-57.19%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-26.75%
EPS Next Y-36.62%
EPS Next 2Y-18.66%
EPS Next 3Y-13.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.59%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-12.79%
Revenue Next Year-14.92%
Revenue Next 2Y-5.84%
Revenue Next 3Y-3.71%
Revenue Next 5YN/A
EBIT growth 1Y-53.95%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-1.97%
EBIT Next 3Y7.73%
EBIT Next 5YN/A
FCF growth 1Y-85.5%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-55.99%
OCF growth 3YN/A
OCF growth 5Y44.28%
INTERNATIONAL SEAWAYS INC / INSW FAQ
What is the fundamental rating for INSW stock?
ChartMill assigns a fundamental rating of 5 / 10 to INSW.
What is the valuation status of INTERNATIONAL SEAWAYS INC (INSW) stock?
ChartMill assigns a valuation rating of 5 / 10 to INTERNATIONAL SEAWAYS INC (INSW). This can be considered as Fairly Valued.
How profitable is INTERNATIONAL SEAWAYS INC (INSW) stock?
INTERNATIONAL SEAWAYS INC (INSW) has a profitability rating of 7 / 10.
What is the valuation of INTERNATIONAL SEAWAYS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INTERNATIONAL SEAWAYS INC (INSW) is 12.7 and the Price/Book (PB) ratio is 1.26.
What is the financial health of INTERNATIONAL SEAWAYS INC (INSW) stock?
The financial health rating of INTERNATIONAL SEAWAYS INC (INSW) is 5 / 10.