TSAKOS ENERGY NAVIGATION LTD (TEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TEN - BMG9108L1735 - Common Stock
27.14 USD
+0.67 (+2.53%)
27.14 USD
0 (0%)
Taking everything into account, TEN scores 3 out of 10 in our fundamental rating. TEN was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of TEN while its profitability can be described as average. TEN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- TEN had positive earnings in the past year.
- In the past year TEN had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: TEN reported negative net income in multiple years.
- In the past 5 years TEN always reported a positive cash flow from operatings.
1.2 Ratios
- TEN's Return On Assets of 2.16% is in line compared to the rest of the industry. TEN outperforms 43.00% of its industry peers.
- TEN's Return On Equity of 4.56% is in line compared to the rest of the industry. TEN outperforms 41.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.16% | ||
| ROE | 4.56% | ||
| ROIC | N/A |
ROA(3y)5.67%
ROA(5y)2.01%
ROE(3y)12.17%
ROE(5y)4.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 10.58%, TEN is in line with its industry, outperforming 57.97% of the companies in the same industry.
- With a decent Operating Margin value of 26.51%, TEN is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- TEN's Operating Margin has improved in the last couple of years.
- The Gross Margin of TEN (54.68%) is better than 64.25% of its industry peers.
- In the last couple of years the Gross Margin of TEN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.51% | ||
| PM (TTM) | 10.58% | ||
| GM | 54.68% |
OM growth 3YN/A
OM growth 5Y8.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.88%
GM growth 5Y2.88%
2. Health
2.1 Basic Checks
- TEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- TEN has more shares outstanding than it did 1 year ago.
- TEN has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, TEN has a worse debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of TEN is 22.44, which is on the high side as it means it would take TEN, 22.44 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TEN (22.44) is comparable to the rest of the industry.
- TEN has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.01, TEN is doing worse than 68.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 22.44 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.69%
2.3 Liquidity
- TEN has a Current Ratio of 1.11. This is a normal value and indicates that TEN is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.11, TEN is in line with its industry, outperforming 48.31% of the companies in the same industry.
- TEN has a Quick Ratio of 1.06. This is a normal value and indicates that TEN is financially healthy and should not expect problems in meeting its short term obligations.
- TEN has a Quick ratio of 1.06. This is comparable to the rest of the industry: TEN outperforms 54.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
- TEN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -41.97%.
- TEN shows a decrease in Revenue. In the last year, the revenue decreased by -9.61%.
- The Revenue has been growing slightly by 6.12% on average over the past years.
EPS 1Y (TTM)-41.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%56.72%
Revenue 1Y (TTM)-9.61%
Revenue growth 3Y13.76%
Revenue growth 5Y6.12%
Sales Q2Q%-6.96%
3.2 Future
- TEN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.93% yearly.
- The Revenue is expected to grow by 4.58% on average over the next years.
EPS Next Y-42%
EPS Next 2Y-19.46%
EPS Next 3Y-7.06%
EPS Next 5Y17.93%
Revenue Next Year0.87%
Revenue Next 2Y3.05%
Revenue Next 3Y4.58%
Revenue Next 5YN/A
3.3 Evolution
- 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
- The Price/Earnings ratio is 8.53, which indicates a very decent valuation of TEN.
- Based on the Price/Earnings ratio, TEN is valued cheaply inside the industry as 87.44% of the companies are valued more expensively.
- TEN is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 8.29, the valuation of TEN can be described as very reasonable.
- TEN's Price/Forward Earnings ratio is rather cheap when compared to the industry. TEN is cheaper than 90.34% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. TEN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.53 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TEN is valued a bit cheaper than the industry average as 66.18% of the companies are valued more expensively.
- 80.19% of the companies in the same industry are more expensive than TEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.3 | ||
| EV/EBITDA | 6.69 |
4.3 Compensation for Growth
- A cheap valuation may be justified as TEN's earnings are expected to decrease with -7.06% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-19.46%
EPS Next 3Y-7.06%
5. Dividend
5.1 Amount
- TEN has a Yearly Dividend Yield of 3.97%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.73, TEN pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, TEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
5.2 History
- The dividend of TEN decreases each year by -2.27%.
- TEN has paid a dividend for at least 10 years, which is a reliable track record.
- TEN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.27%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
- 87.19% of the earnings are spent on dividend by TEN. This is not a sustainable payout ratio.
DP87.19%
EPS Next 2Y-19.46%
EPS Next 3Y-7.06%
TSAKOS ENERGY NAVIGATION LTD / TEN FAQ
What is the ChartMill fundamental rating of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
ChartMill assigns a fundamental rating of 3 / 10 to TEN.
What is the valuation status of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
ChartMill assigns a valuation rating of 6 / 10 to TSAKOS ENERGY NAVIGATION LTD (TEN). This can be considered as Fairly Valued.
How profitable is TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
TSAKOS ENERGY NAVIGATION LTD (TEN) has a profitability rating of 4 / 10.
What are the PE and PB ratios of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
The Price/Earnings (PE) ratio for TSAKOS ENERGY NAVIGATION LTD (TEN) is 8.53 and the Price/Book (PB) ratio is 0.46.
Can you provide the dividend sustainability for TEN stock?
The dividend rating of TSAKOS ENERGY NAVIGATION LTD (TEN) is 4 / 10 and the dividend payout ratio is 87.19%.