TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - NYSE:TNK - BMG8726X1065 - Common Stock
62.47 USD
+0.65 (+1.05%)
62.98 USD
+0.51 (+0.82%)
Taking everything into account, TNK scores 6 out of 10 in our fundamental rating. TNK was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. TNK has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TNK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TNK was profitable.
In the past year TNK had a positive cash flow from operations.
TNK had positive earnings in 4 of the past 5 years.
TNK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 14.11%, TNK belongs to the best of the industry, outperforming 93.81% of the companies in the same industry.
TNK's Return On Equity of 15.73% is fine compared to the rest of the industry. TNK outperforms 77.14% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.23%, TNK is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TNK is below the industry average of 21.85%.
The 3 year average ROIC (17.28%) for TNK is well above the current ROIC(8.23%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.11% | ||
| ROE | 15.73% | ||
| ROIC | 8.23% |
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 27.44%, TNK belongs to the best of the industry, outperforming 85.24% of the companies in the same industry.
TNK's Profit Margin has improved in the last couple of years.
TNK's Operating Margin of 18.97% is in line compared to the rest of the industry. TNK outperforms 55.24% of its industry peers.
TNK's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 31.72%, TNK is in line with its industry, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Gross Margin of TNK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.97% | ||
| PM (TTM) | 27.44% | ||
| GM | 31.72% |
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
TNK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for TNK has been increased compared to 1 year ago.
The number of shares outstanding for TNK has been increased compared to 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/WACC0.95
WACC8.7%
2.3 Liquidity
A Current Ratio of 7.86 indicates that TNK has no problem at all paying its short term obligations.
TNK has a Current ratio of 7.86. This is amongst the best in the industry. TNK outperforms 93.33% of its industry peers.
TNK has a Quick Ratio of 7.61. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 7.61, TNK belongs to the best of the industry, outperforming 93.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.86 | ||
| Quick Ratio | 7.61 |
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%.
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.
The Revenue for TNK has decreased by -16.58% in the past year. This is quite bad
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)-16.58%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
3.2 Future
Based on estimates for the next years, TNK will show a decrease in Earnings Per Share. The EPS will decrease by -7.12% on average per year.
Based on estimates for the next years, TNK will show a decrease in Revenue. The Revenue will decrease by -5.75% on average per year.
EPS Next Y-35.31%
EPS Next 2Y-17.57%
EPS Next 3Y-7.12%
EPS Next 5YN/A
Revenue Next Year-12.77%
Revenue Next 2Y-9.35%
Revenue Next 3Y-5.75%
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.
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
With a Price/Earnings ratio of 11.04, the valuation of TNK can be described as very reasonable.
Based on the Price/Earnings ratio, TNK is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.89, TNK is valued rather cheaply.
The Price/Forward Earnings ratio is 8.92, which indicates a very decent valuation of TNK.
82.86% of the companies in the same industry are more expensive than TNK, based on the Price/Forward Earnings ratio.
TNK is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 8.92 |
4.2 Price Multiples
TNK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TNK is cheaper than 79.52% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TNK is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.33 | ||
| EV/EBITDA | 4.52 |
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 -7.12% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-17.57%
EPS Next 3Y-7.12%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.62%.
TNK's Dividend Yield is comparable with the industry average which is at 5.89.
Compared to the average S&P500 Dividend Yield of 2.42, TNK is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
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
TNK pays out 23.71% of its income as dividend. This is a sustainable payout ratio.
DP23.71%
EPS Next 2Y-17.57%
EPS Next 3Y-7.12%
62.47
+0.65 (+1.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.13%
Inst Owner Change-67.54%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.16B
Revenue(TTM)1.23B
Net Income(TTM)290.57M
Analysts81.67
Price Target58.96 (-5.62%)
Short Float %3.28%
Short Ratio1.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP23.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.96%
Min EPS beat(2)-15.89%
Max EPS beat(2)5.96%
EPS beat(4)1
Avg EPS beat(4)-7.32%
Min EPS beat(4)-15.89%
Max EPS beat(4)5.96%
EPS beat(8)4
Avg EPS beat(8)-4.22%
EPS beat(12)6
Avg EPS beat(12)0.72%
EPS beat(16)10
Avg EPS beat(16)5.12%
Revenue beat(2)2
Avg Revenue beat(2)27.01%
Min Revenue beat(2)21.53%
Max Revenue beat(2)32.49%
Revenue beat(4)4
Avg Revenue beat(4)27.62%
Min Revenue beat(4)18.31%
Max Revenue beat(4)38.15%
Revenue beat(8)8
Avg Revenue beat(8)35.96%
Revenue beat(12)11
Avg Revenue beat(12)37.45%
Revenue beat(16)15
Avg Revenue beat(16)67.46%
PT rev (1m)6.64%
PT rev (3m)9.06%
EPS NQ rev (1m)-25.8%
EPS NQ rev (3m)-25.8%
EPS NY rev (1m)-37.02%
EPS NY rev (3m)-37.02%
Revenue NQ rev (1m)-26.32%
Revenue NQ rev (3m)-26.32%
Revenue NY rev (1m)-24.27%
Revenue NY rev (3m)-22.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 8.92 | ||
| P/S | 2.04 | ||
| P/FCF | 11.33 | ||
| P/OCF | 6.62 | ||
| P/B | 1.17 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 4.52 |
EPS(TTM)5.66
EY9.06%
EPS(NY)7
Fwd EY11.21%
FCF(TTM)5.52
FCFY8.83%
OCF(TTM)9.44
OCFY15.11%
SpS30.67
BVpS53.5
TBVpS53.2
PEG (NY)N/A
PEG (5Y)0.27
Graham Number82.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.11% | ||
| ROE | 15.73% | ||
| ROCE | 10.42% | ||
| ROIC | 8.23% | ||
| ROICexc | 13.26% | ||
| ROICexgc | 13.38% | ||
| OM | 18.97% | ||
| PM (TTM) | 27.44% | ||
| GM | 31.72% | ||
| FCFM | 17.99% |
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-Score5
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 147.16% | ||
| Cap/Sales | 12.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.28% | ||
| Profit Quality | 65.54% | ||
| Current Ratio | 7.86 | ||
| Quick Ratio | 7.61 | ||
| Altman-Z | N/A |
F-Score5
WACC8.7%
ROIC/WACC0.95
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-35.31%
EPS Next 2Y-17.57%
EPS Next 3Y-7.12%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.58%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
Revenue Next Year-12.77%
Revenue Next 2Y-9.35%
Revenue Next 3Y-5.75%
Revenue Next 5YN/A
EBIT growth 1Y-51.48%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-21.91%
EBIT Next 3Y-4.36%
EBIT Next 5YN/A
FCF growth 1Y-65.43%
FCF growth 3YN/A
FCF growth 5Y30.17%
OCF growth 1Y-41.96%
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 11.04 and the Price/Book (PB) ratio is 1.17.
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 -35.31% in the next year.