INTERNATIONAL SEAWAYS INC (INSW)
MHY410531021 - Common Stock
We assign a fundamental rating of 7 out of 10 to INSW. INSW was compared to 204 industry peers in the Oil, Gas & Consumable Fuels industry. INSW has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on INSW. This makes INSW very considerable 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
Looking at the Return On Assets, with a value of 19.81%, INSW belongs to the top of the industry, outperforming 90.15% of the companies in the same industry.
Looking at the Return On Equity, with a value of 27.35%, INSW belongs to the top of the industry, outperforming 85.22% of the companies in the same industry.
The Return On Invested Capital of INSW (15.61%) is better than 83.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.81% | ||
| ROE | 27.35% | ||
| ROIC | 15.61% |
ROA(3y)10.4%
ROA(5y)6.16%
ROE(3y)15.68%
ROE(5y)9.28%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 50.88%, INSW belongs to the best of the industry, outperforming 90.15% of the companies in the same industry.
With an excellent Operating Margin value of 48.72%, INSW belongs to the best of the industry, outperforming 86.70% of the companies in the same industry.
INSW's Operating Margin has improved in the last couple of years.
INSW has a Gross Margin of 69.15%. This is in the better half of the industry: INSW outperforms 75.86% of its industry peers.
In the last couple of years the Gross Margin of INSW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.72% | ||
| PM (TTM) | 50.88% | ||
| GM | 69.15% |
OM growth 3Y17.63%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.53%
GM growth 5Y24.95%
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 reduced compared to 1 year ago.
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
INSW has an Altman-Z score of 3.08. This indicates that INSW is financially healthy and has little risk of bankruptcy at the moment.
INSW has a better Altman-Z score (3.08) than 73.89% of its industry peers.
INSW has a debt to FCF ratio of 1.87. This is a very positive value and a sign of high solvency as it would only need 1.87 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.87, INSW is doing good in the industry, outperforming 77.83% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that INSW is not too dependend on debt financing.
INSW has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.87
WACC8.34%
2.3 Liquidity
INSW has a Current Ratio of 3.60. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
INSW's Current ratio of 3.60 is amongst the best of the industry. INSW outperforms 83.25% of its industry peers.
INSW has a Quick Ratio of 3.60. This indicates that INSW is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.60, INSW belongs to the best of the industry, outperforming 84.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.6 |
3. Growth
3.1 Past
The earnings per share for INSW have decreased strongly by -28.48% 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 34.71% on average per year.
INSW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.07%.
INSW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.71% yearly.
EPS 1Y (TTM)-28.48%
EPS 3Y34.71%
EPS 5YN/A
EPS Q2Q%-23.04%
Revenue 1Y (TTM)-13.07%
Revenue growth 3Y36.48%
Revenue growth 5Y31.71%
Sales Q2Q%-6.83%
3.2 Future
Based on estimates for the next years, INSW will show a small growth in Earnings Per Share. The EPS will grow by 4.19% on average per year.
The Revenue is expected to grow by 1.28% on average over the next years.
EPS Next Y-10.49%
EPS Next 2Y-3.71%
EPS Next 3Y-3.13%
EPS Next 5Y4.19%
Revenue Next Year-3.45%
Revenue Next 2Y-4.05%
Revenue Next 3Y-1.35%
Revenue Next 5Y1.28%
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 4.57, the valuation of INSW can be described as very cheap.
Based on the Price/Earnings ratio, INSW is valued cheaper than 88.18% of the companies in the same industry.
INSW's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.96.
INSW is valuated cheaply with a Price/Forward Earnings ratio of 4.20.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INSW indicates a rather cheap valuation: INSW is cheaper than 93.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, INSW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.57 | ||
| Fwd PE | 4.2 |
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 73.89% of the companies listed in the same industry.
81.28% 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 | 5.84 | ||
| EV/EBITDA | 3.95 |
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 -3.13% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-3.71%
EPS Next 3Y-3.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, INSW has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.45, INSW is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.23, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
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
55.88% of the earnings are spent on dividend by INSW. This is a bit on the high side, but may be sustainable.
DP55.88%
EPS Next 2Y-3.71%
EPS Next 3Y-3.13%
INTERNATIONAL SEAWAYS INC
NYSE:INSW (11/21/2024, 5:05:00 PM)
After market: 41.35 0 (0%)41.35
-0.52 (-1.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.57 | ||
| Fwd PE | 4.2 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.81% | ||
| ROE | 27.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 48.72% | ||
| PM (TTM) | 50.88% | ||
| GM | 69.15% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.6 | ||
| Quick Ratio | 3.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-28.48%
EPS 3Y34.71%
EPS 5Y
EPS Q2Q%
EPS Next Y-10.49%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-13.07%
Revenue growth 3Y36.48%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y