TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
58.93 USD
-0.17 (-0.29%)
58.52 USD
-0.41 (-0.7%)
TNK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 208 industry peers in the Oil, Gas & Consumable Fuels industry. TNK scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TNK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TNK had positive earnings in the past year.
TNK had a positive operating cash flow in the past year.
TNK had positive earnings in 4 of the past 5 years.
Of the past 5 years TNK 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.32%, TNK belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
TNK has a better Return On Equity (16.77%) than 81.73% of its industry peers.
TNK has a better Return On Invested Capital (7.35%) than 66.83% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TNK is below the industry average of 21.28%.
The 3 year average ROIC (17.28%) for TNK is well above the current ROIC(7.35%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.32% | ||
| ROE | 16.77% | ||
| ROIC | 7.35% |
ROA(3y)20.14%
ROA(5y)10.04%
ROE(3y)26.17%
ROE(5y)11.54%
ROIC(3y)17.28%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TNK (31.00%) is better than 88.94% of its industry peers.
TNK's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 17.80%, TNK perfoms like the industry average, outperforming 52.40% of the companies in the same industry.
In the last couple of years the Operating Margin of TNK has grown nicely.
The Gross Margin of TNK (30.51%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TNK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.8% | ||
| PM (TTM) | 31% | ||
| GM | 30.51% |
OM growth 3YN/A
OM growth 5Y15.59%
PM growth 3YN/A
PM growth 5Y49.57%
GM growth 3Y64.82%
GM growth 5Y5.27%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TNK is creating value.
TNK has more shares outstanding than it did 1 year ago.
TNK has more shares outstanding than it did 5 years ago.
TNK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for TNK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC8.75%
2.3 Liquidity
TNK has a Current Ratio of 8.78. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
TNK has a Current ratio of 8.78. This is amongst the best in the industry. TNK outperforms 94.71% of its industry peers.
TNK has a Quick Ratio of 8.47. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
TNK has a better Quick ratio (8.47) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 |
3. Growth
3.1 Past
TNK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -51.71%.
The Earnings Per Share has been growing by 41.31% on average over the past years. This is a very strong growth
Looking at the last year, TNK shows a very negative growth in Revenue. The Revenue has decreased by -12.32% in the last year.
The Revenue has been growing slightly by 5.43% on average over the past years.
EPS 1Y (TTM)-51.71%
EPS 3YN/A
EPS 5Y41.31%
EPS Q2Q%-16.3%
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
3.2 Future
TNK is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.52% yearly.
The Revenue is expected to decrease by -16.03% on average over the next years. This is quite bad
EPS Next Y-37.01%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
EPS Next 5YN/A
Revenue Next Year-14.53%
Revenue Next 2Y-21.59%
Revenue Next 3Y-16.03%
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
TNK is valuated reasonably with a Price/Earnings ratio of 10.41.
Based on the Price/Earnings ratio, TNK is valued a bit cheaper than 78.37% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. TNK is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.09, which indicates a very decent valuation of TNK.
Based on the Price/Forward Earnings ratio, TNK is valued a bit cheaper than 78.85% of the companies in the same industry.
TNK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 9.09 |
4.2 Price Multiples
79.33% of the companies in the same industry are more expensive than TNK, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.35 | ||
| EV/EBITDA | 4.4 |
4.3 Compensation for Growth
The decent profitability rating of TNK may justify a higher PE ratio.
A cheap valuation may be justified as TNK's earnings are expected to decrease with -14.52% in the coming years.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.87%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.96, TNK has a dividend in line with its industry peers.
TNK's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
5.2 History
On average, the dividend of TNK grows each year by 20.75%, which is quite nice.
TNK has been paying a dividend for at least 10 years, so it has a reliable track record.
TNK has decreased its dividend recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
21.29% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
DP21.29%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
58.93
-0.17 (-0.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.16%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.03B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (7.65%)
Short Float %2.58%
Short Ratio1.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP21.29%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.82%
Min EPS beat(2)-15.89%
Max EPS beat(2)12.25%
EPS beat(4)2
Avg EPS beat(4)-1.96%
Min EPS beat(4)-15.89%
Max EPS beat(4)12.25%
EPS beat(8)4
Avg EPS beat(8)-3.82%
EPS beat(12)7
Avg EPS beat(12)1.76%
EPS beat(16)10
Avg EPS beat(16)5.29%
Revenue beat(2)2
Avg Revenue beat(2)34.83%
Min Revenue beat(2)21.53%
Max Revenue beat(2)48.12%
Revenue beat(4)4
Avg Revenue beat(4)35.07%
Min Revenue beat(4)21.53%
Max Revenue beat(4)48.12%
Revenue beat(8)8
Avg Revenue beat(8)35.2%
Revenue beat(12)11
Avg Revenue beat(12)35.13%
Revenue beat(16)15
Avg Revenue beat(16)59.3%
PT rev (1m)0%
PT rev (3m)14.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-36.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)-4.45%
Revenue NQ rev (3m)-45.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)15.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 9.09 | ||
| P/S | 1.95 | ||
| P/FCF | 20.35 | ||
| P/OCF | 6.96 | ||
| P/B | 1.05 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 4.4 |
EPS(TTM)5.66
EY9.6%
EPS(NY)6.48
Fwd EY11%
FCF(TTM)2.9
FCFY4.92%
OCF(TTM)8.47
OCFY14.37%
SpS30.25
BVpS55.93
TBVpS55.23
PEG (NY)N/A
PEG (5Y)0.25
Graham Number84.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.32% | ||
| ROE | 16.77% | ||
| ROCE | 9.31% | ||
| ROIC | 7.35% | ||
| ROICexc | 12.23% | ||
| ROICexgc | 12.48% | ||
| OM | 17.8% | ||
| PM (TTM) | 31% | ||
| GM | 30.51% | ||
| FCFM | 9.57% |
ROA(3y)20.14%
ROA(5y)10.04%
ROE(3y)26.17%
ROE(5y)11.54%
ROIC(3y)17.28%
ROIC(5y)N/A
ROICexc(3y)21.93%
ROICexc(5y)N/A
ROICexgc(3y)21.98%
ROICexgc(5y)N/A
ROCE(3y)21.88%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y31.45%
ROICexc growth 3YN/A
ROICexc growth 5Y31.47%
OM growth 3YN/A
OM growth 5Y15.59%
PM growth 3YN/A
PM growth 5Y49.57%
GM growth 3Y64.82%
GM growth 5Y5.27%
F-Score4
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 214.92% | ||
| Cap/Sales | 18.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.18% | ||
| Profit Quality | 30.88% | ||
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 | ||
| Altman-Z | N/A |
F-Score4
WACC8.75%
ROIC/WACC0.84
Cap/Depr(3y)35.52%
Cap/Depr(5y)28.08%
Cap/Sales(3y)2.71%
Cap/Sales(5y)2.78%
Profit Quality(3y)98.65%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-51.71%
EPS 3YN/A
EPS 5Y41.31%
EPS Q2Q%-16.3%
EPS Next Y-37.01%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
Revenue Next Year-14.53%
Revenue Next 2Y-21.59%
Revenue Next 3Y-16.03%
Revenue Next 5YN/A
EBIT growth 1Y-52.42%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-35.68%
EBIT Next 3Y-18.61%
EBIT Next 5YN/A
FCF growth 1Y-84.1%
FCF growth 3YN/A
FCF growth 5Y30.17%
OCF growth 1Y-54.21%
OCF growth 3YN/A
OCF growth 5Y32.01%
TEEKAY TANKERS LTD-CLASS A / TNK FAQ
What is the fundamental rating for TNK stock?
ChartMill assigns a fundamental rating of 6 / 10 to TNK.
What is the valuation status of TEEKAY TANKERS LTD-CLASS A (TNK) stock?
ChartMill assigns a valuation rating of 5 / 10 to TEEKAY TANKERS LTD-CLASS A (TNK). This can be considered as Fairly Valued.
How profitable is TEEKAY TANKERS LTD-CLASS A (TNK) stock?
TEEKAY TANKERS LTD-CLASS A (TNK) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for TNK stock?
The Price/Earnings (PE) ratio for TEEKAY TANKERS LTD-CLASS A (TNK) is 10.41 and the Price/Book (PB) ratio is 1.05.
What is the earnings growth outlook for TEEKAY TANKERS LTD-CLASS A?
The Earnings per Share (EPS) of TEEKAY TANKERS LTD-CLASS A (TNK) is expected to decline by -37.01% in the next year.