TEEKAY TANKERS LTD-CLASS A (TNK)
MHY8565N3002 - Common Stock
Taking everything into account, TNK scores 7 out of 10 in our fundamental rating. TNK was compared to 204 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 quite cheap, while showing a decent growth score. This is a good combination! This makes TNK very considerable for value investing!
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.
Of the past 5 years TNK 4 years were profitable.
TNK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TNK has a Return On Assets of 23.65%. This is amongst the best in the industry. TNK outperforms 92.61% of its industry peers.
TNK's Return On Equity of 26.23% is amongst the best of the industry. TNK outperforms 82.76% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.42%, TNK belongs to the top of the industry, outperforming 90.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.65% | ||
| ROE | 26.23% | ||
| ROIC | 18.42% |
ROA(3y)8.43%
ROA(5y)6.38%
ROE(3y)8.72%
ROE(5y)7.69%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TNK's Profit Margin of 36.04% is amongst the best of the industry. TNK outperforms 84.24% of its industry peers.
TNK's Profit Margin has improved in the last couple of years.
TNK has a better Operating Margin (33.54%) than 67.49% of its industry peers.
In the last couple of years the Operating Margin of TNK has grown nicely.
With a Gross Margin value of 45.23%, TNK perfoms like the industry average, outperforming 48.77% 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 | 33.54% | ||
| PM (TTM) | 36.04% | ||
| GM | 45.23% |
OM growth 3Y17.23%
OM growth 5Y105.4%
PM growth 3Y56.36%
PM growth 5YN/A
GM growth 3Y5.71%
GM growth 5Y18.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TNK is creating value.
The number of shares outstanding for TNK has been increased compared to 1 year ago.
TNK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TNK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.80 indicates that TNK is not in any danger for bankruptcy at the moment.
The Altman-Z score of TNK (6.80) is better than 89.66% of its industry peers.
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 | 6.8 |
ROIC/WACC2.24
WACC8.23%
2.3 Liquidity
A Current Ratio of 6.52 indicates that TNK has no problem at all paying its short term obligations.
TNK has a better Current ratio (6.52) than 90.15% of its industry peers.
TNK has a Quick Ratio of 6.05. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 6.05, TNK belongs to the best of the industry, outperforming 89.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.52 | ||
| Quick Ratio | 6.05 |
3. Growth
3.1 Past
The earnings per share for TNK have decreased strongly by -27.11% in the last year.
TNK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 47.81% yearly.
TNK shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.35%.
Measured over the past years, TNK shows a quite strong growth in Revenue. The Revenue has been growing by 11.93% on average per year.
EPS 1Y (TTM)-27.11%
EPS 3Y47.81%
EPS 5YN/A
EPS Q2Q%-17.86%
Revenue 1Y (TTM)28.35%
Revenue growth 3Y15.46%
Revenue growth 5Y11.93%
Sales Q2Q%-14.9%
3.2 Future
Based on estimates for the next years, TNK will show a small growth in Earnings Per Share. The EPS will grow by 1.09% on average per year.
TNK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.02% yearly.
EPS Next Y-23.28%
EPS Next 2Y-12.2%
EPS Next 3Y-8.61%
EPS Next 5Y1.09%
Revenue Next Year14.07%
Revenue Next 2Y0.49%
Revenue Next 3Y-5.07%
Revenue Next 5Y-3.02%
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.
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
The Price/Earnings ratio is 3.57, which indicates a rather cheap valuation of TNK.
Based on the Price/Earnings ratio, TNK is valued cheaper than 94.58% of the companies in the same industry.
When comparing the Price/Earnings ratio of TNK to the average of the S&P500 Index (28.96), we can say TNK is valued rather cheaply.
A Price/Forward Earnings ratio of 3.70 indicates a rather cheap valuation of TNK.
TNK's Price/Forward Earnings ratio is rather cheap when compared to the industry. TNK is cheaper than 95.57% 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 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.57 | ||
| Fwd PE | 3.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNK is valued cheaper than 96.06% of the companies in the same industry.
93.10% of the companies in the same industry are more expensive than TNK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.76 | ||
| EV/EBITDA | 2.04 |
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 -8.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.2%
EPS Next 3Y-8.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.23%, TNK has a reasonable but not impressive dividend return.
In the last 3 months the price of TNK has falen by -24.86%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
TNK's Dividend Yield is comparable with the industry average which is at 6.45.
TNK's Dividend Yield is comparable with the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
5.2 History
The dividend of TNK is nicely growing with an annual growth rate of 31.71%!
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)31.71%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
TNK pays out 23.09% of its income as dividend. This is a sustainable payout ratio.
TNK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.09%
EPS Next 2Y-12.2%
EPS Next 3Y-8.61%
TEEKAY TANKERS LTD-CLASS A
NYSE:TNK (11/21/2024, 8:04:00 PM)
After market: 41.86 0 (0%)41.86
-0.87 (-2.04%)
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 Cap1.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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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)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.57 | ||
| Fwd PE | 3.7 | ||
| 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 | 23.65% | ||
| ROE | 26.23% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 33.54% | ||
| PM (TTM) | 36.04% | ||
| GM | 45.23% | ||
| 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 Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.52 | ||
| Quick Ratio | 6.05 | ||
| 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)-27.11%
EPS 3Y47.81%
EPS 5Y
EPS Q2Q%
EPS Next Y-23.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)28.35%
Revenue growth 3Y15.46%
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