TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
54.34 USD
+0.48 (+0.89%)
54.34 USD
0 (0%)
TNK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. TNK gets an excellent profitability rating and is at the same time showing great financial health properties. TNK is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TNK was profitable.
TNK had a positive operating cash flow in the past year.
Of the past 5 years TNK 4 years were profitable.
Of the past 5 years TNK 4 years had a positive operating cash flow.
1.2 Ratios
TNK has a better Return On Assets (15.32%) than 94.74% of its industry peers.
The Return On Equity of TNK (16.77%) is better than 82.30% of its industry peers.
TNK has a Return On Invested Capital of 7.35%. This is in the better half of the industry: TNK outperforms 66.99% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TNK is below the industry average of 21.18%.
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
With an excellent Profit Margin value of 31.00%, TNK belongs to the best of the industry, outperforming 89.00% of the companies in the same industry.
TNK's Profit Margin has improved in the last couple of years.
The Operating Margin of TNK (17.80%) is comparable to the rest of the industry.
TNK's Operating Margin has improved in the last couple of years.
TNK has a Gross Margin (30.51%) which is in line with its industry peers.
TNK's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TNK is creating value.
TNK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TNK has been increased compared to 5 years ago.
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.
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/WACC0.85
WACC8.69%
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's Current ratio of 8.78 is amongst the best of the industry. TNK outperforms 94.74% 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 Quick ratio of 8.47. This is amongst the best in the industry. TNK outperforms 93.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 |
3. Growth
3.1 Past
The earnings per share for TNK have decreased strongly by -51.71% in the last year.
Measured over the past years, TNK shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.31% on average per year.
Looking at the last year, TNK shows a very negative growth in Revenue. The Revenue has decreased by -12.32% in the last year.
TNK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.43% yearly.
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
The Earnings Per Share is expected to decrease by -14.52% on average over the next years. This is quite bad
Based on estimates for the next years, TNK will show a very negative growth in Revenue. The Revenue will decrease by -16.03% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
The Price/Earnings ratio is 9.60, which indicates a very decent valuation of TNK.
81.82% of the companies in the same industry are more expensive than TNK, based on the Price/Earnings ratio.
TNK is valuated cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.38, which indicates a very decent valuation of TNK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TNK indicates a rather cheap valuation: TNK is cheaper than 83.73% of the companies listed in the same industry.
TNK is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.6 | ||
| Fwd PE | 8.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNK is valued cheaper than 85.17% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as TNK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.76 | ||
| EV/EBITDA | 3.8 |
4.3 Compensation for Growth
The decent profitability rating of TNK may justify a higher PE ratio.
TNK's earnings are expected to decrease with -14.52% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.86%.
TNK's Dividend Yield is comparable with the industry average which is at 3.93.
Compared to an average S&P500 Dividend Yield of 2.00, TNK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
5.2 History
The dividend of TNK is nicely growing with an annual growth rate of 20.75%!
TNK has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TNK decreased recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
TNK pays out 21.29% of its income as dividend. This is a sustainable payout ratio.
DP21.29%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
54.34
+0.48 (+0.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.1%
Inst Owner Change-94.91%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.88B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (16.75%)
Short Float %2.94%
Short Ratio1.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP21.29%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)17.8%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)-36.06%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)-4.45%
Revenue NQ rev (3m)-45.52%
Revenue NY rev (1m)54.01%
Revenue NY rev (3m)15.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.6 | ||
| Fwd PE | 8.38 | ||
| P/S | 1.8 | ||
| P/FCF | 18.76 | ||
| P/OCF | 6.41 | ||
| P/B | 0.97 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 3.8 |
EPS(TTM)5.66
EY10.42%
EPS(NY)6.48
Fwd EY11.93%
FCF(TTM)2.9
FCFY5.33%
OCF(TTM)8.47
OCFY15.59%
SpS30.25
BVpS55.93
TBVpS55.23
PEG (NY)N/A
PEG (5Y)0.23
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
WACC8.69%
ROIC/WACC0.85
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 ChartMill fundamental rating of TEEKAY TANKERS LTD-CLASS A (TNK) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TNK.
Can you provide the valuation status for TEEKAY TANKERS LTD-CLASS A?
ChartMill assigns a valuation rating of 6 / 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.
What are the PE and PB ratios of TEEKAY TANKERS LTD-CLASS A (TNK) stock?
The Price/Earnings (PE) ratio for TEEKAY TANKERS LTD-CLASS A (TNK) is 9.6 and the Price/Book (PB) ratio is 0.97.
What is the expected EPS growth for TEEKAY TANKERS LTD-CLASS A (TNK) stock?
The Earnings per Share (EPS) of TEEKAY TANKERS LTD-CLASS A (TNK) is expected to decline by -37.01% in the next year.