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 210 industry peers in the Oil, Gas & Consumable Fuels industry. INSW gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on INSW. This makes INSW very considerable for value and quality investing!
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.
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
INSW has a better Return On Assets (15.80%) than 89.05% of its industry peers.
The Return On Equity of INSW (22.44%) is better than 80.95% of its industry peers.
With an excellent Return On Invested Capital value of 13.33%, INSW belongs to the best of the industry, outperforming 82.86% 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 28.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.8% | ||
| ROE | 22.44% | ||
| ROIC | 13.33% |
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
Looking at the Profit Margin, with a value of 43.77%, INSW belongs to the top of the industry, outperforming 90.95% of the companies in the same industry.
Looking at the Operating Margin, with a value of 44.42%, INSW belongs to the top of the industry, outperforming 87.62% of the companies in the same industry.
In the last couple of years the Operating Margin of INSW has grown nicely.
INSW's Gross Margin of 67.23% is fine compared to the rest of the industry. INSW outperforms 74.76% of its industry peers.
In the last couple of years the Gross Margin of INSW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.42% | ||
| PM (TTM) | 43.77% | ||
| GM | 67.23% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), INSW is creating value.
Compared to 1 year ago, INSW has more shares outstanding
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 2.46. 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.
With a decent Altman-Z score value of 2.46, INSW is doing good in the industry, outperforming 74.76% of the companies in the same industry.
INSW has a debt to FCF ratio of 2.58. This is a good value and a sign of high solvency as INSW would need 2.58 years to pay back of all of its debts.
INSW has a better Debt to FCF ratio (2.58) than 76.19% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that INSW is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.34, INSW perfoms like the industry average, outperforming 58.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.58 | ||
| Altman-Z | 2.46 |
ROIC/WACC1.65
WACC8.09%
2.3 Liquidity
A Current Ratio of 2.87 indicates that INSW has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.87, INSW belongs to the top of the industry, outperforming 81.90% of the companies in the same industry.
INSW has a Quick Ratio of 2.86. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
INSW has a better Quick ratio (2.86) than 83.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.86 |
3. Growth
3.1 Past
INSW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.86%.
The Earnings Per Share has been growing by 68.58% on average over the past years. This is a very strong growth
The Revenue for INSW has decreased by -11.21% in the past year. This is quite bad
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)-26.86%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-58.72%
Revenue 1Y (TTM)-11.21%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-22.38%
3.2 Future
INSW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.27% yearly.
Based on estimates for the next years, INSW will show a small growth in Revenue. The Revenue will grow by 6.36% on average per year.
EPS Next Y-19.21%
EPS Next 2Y-6.1%
EPS Next 3Y17.27%
EPS Next 5YN/A
Revenue Next Year-9.63%
Revenue Next 2Y-3.69%
Revenue Next 3Y6.36%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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 4.34 indicates a rather cheap valuation of INSW.
Based on the Price/Earnings ratio, INSW is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 29.71, INSW is valued rather cheaply.
INSW is valuated cheaply with a Price/Forward Earnings ratio of 5.37.
84.76% of the companies in the same industry are more expensive than INSW, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.34. INSW is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.34 | ||
| Fwd PE | 5.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INSW indicates a somewhat cheap valuation: INSW is cheaper than 77.14% of the companies listed in the same industry.
INSW's Price/Free Cash Flow ratio is rather cheap when compared to the industry. INSW is cheaper than 82.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 3.82 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
A more expensive valuation may be justified as INSW's earnings are expected to grow with 17.27% in the coming years.
PEG (NY)N/A
PEG (5Y)0.06
EPS Next 2Y-6.1%
EPS Next 3Y17.27%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.40%.
INSW's Dividend Yield is slightly below the industry average, which is at 7.07.
Compared to the average S&P500 Dividend Yield of 2.30, INSW is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
5.2 History
INSW has been paying a dividend for over 5 years, so it has already some track record.
INSW has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
INSW pays out 68.28% of its income as dividend. This is not a sustainable payout ratio.
DP68.28%
EPS Next 2Y-6.1%
EPS Next 3Y17.27%
33.64
-0.73 (-2.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners76.03%
Inst Owner Change15.05%
Ins Owners1.35%
Ins Owner Change-0.63%
Market Cap1.65B
Analysts84
Price Target62.35 (85.34%)
Short Float %8.06%
Short Ratio2.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP68.28%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.68%
Min EPS beat(2)-6.73%
Max EPS beat(2)1.37%
EPS beat(4)2
Avg EPS beat(4)2.01%
Min EPS beat(4)-7.52%
Max EPS beat(4)20.93%
EPS beat(8)6
Avg EPS beat(8)7.15%
EPS beat(12)9
Avg EPS beat(12)7.59%
EPS beat(16)12
Avg EPS beat(16)3.55%
Revenue beat(2)2
Avg Revenue beat(2)1.58%
Min Revenue beat(2)0.67%
Max Revenue beat(2)2.49%
Revenue beat(4)3
Avg Revenue beat(4)2.31%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)8%
Revenue beat(8)7
Avg Revenue beat(8)5.23%
Revenue beat(12)10
Avg Revenue beat(12)4.2%
Revenue beat(16)11
Avg Revenue beat(16)2.31%
PT rev (1m)-0.6%
PT rev (3m)-4.93%
EPS NQ rev (1m)-8.55%
EPS NQ rev (3m)-19.2%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-2.38%
Revenue NQ rev (1m)-2.19%
Revenue NQ rev (3m)-4.44%
Revenue NY rev (1m)-1.13%
Revenue NY rev (3m)-0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.34 | ||
| Fwd PE | 5.37 | ||
| P/S | 1.74 | ||
| P/FCF | 6.2 | ||
| P/OCF | 3.02 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 3.82 |
EPS(TTM)7.76
EY23.07%
EPS(NY)6.27
Fwd EY18.64%
FCF(TTM)5.43
FCFY16.13%
OCF(TTM)11.12
OCFY33.06%
SpS19.35
BVpS37.73
TBVpS37.73
PEG (NY)N/A
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.8% | ||
| ROE | 22.44% | ||
| ROCE | 16.87% | ||
| ROIC | 13.33% | ||
| ROICexc | 14.22% | ||
| ROICexgc | 14.22% | ||
| OM | 44.42% | ||
| PM (TTM) | 43.77% | ||
| GM | 67.23% | ||
| FCFM | 28.05% |
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 Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.58 | ||
| Debt/EBITDA | 1.12 | ||
| Cap/Depr | 187.49% | ||
| Cap/Sales | 29.44% | ||
| Interest Coverage | 9.48 | ||
| Cash Conversion | 95.62% | ||
| Profit Quality | 64.09% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.86 | ||
| Altman-Z | 2.46 |
F-Score5
WACC8.09%
ROIC/WACC1.65
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)-26.86%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-58.72%
EPS Next Y-19.21%
EPS Next 2Y-6.1%
EPS Next 3Y17.27%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.21%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-22.38%
Revenue Next Year-9.63%
Revenue Next 2Y-3.69%
Revenue Next 3Y6.36%
Revenue Next 5YN/A
EBIT growth 1Y-27.13%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year10.26%
EBIT Next 3Y21.13%
EBIT Next 5YN/A
FCF growth 1Y-44.59%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-20.52%
OCF growth 3YN/A
OCF growth 5Y44.28%