TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - NYSE:TNK - BMG8726X1065 - Common Stock
53.86 USD
+1.44 (+2.75%)
53 USD
-0.86 (-1.6%)
TNK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 211 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 is cheap, but on the other hand it scores bad on growth. These ratings could make TNK a good candidate for value investing.
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.
TNK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of TNK (14.11%) is better than 94.31% of its industry peers.
TNK has a Return On Equity of 15.73%. This is in the better half of the industry: TNK outperforms 75.83% 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 72.51% 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 21.53%.
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
TNK has a better Profit Margin (27.44%) than 84.36% of its industry peers.
In the last couple of years the Profit Margin of TNK has grown nicely.
Looking at the Operating Margin, with a value of 18.97%, TNK is in line with its industry, outperforming 53.55% of the companies in the same industry.
TNK's Operating Margin has improved in the last couple of years.
TNK's Gross Margin of 31.72% is in line compared to the rest of the industry. TNK outperforms 43.60% of its industry peers.
TNK's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TNK is creating value.
Compared to 1 year ago, TNK has more shares outstanding
TNK has more shares outstanding than it did 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/WACC0.96
WACC8.55%
2.3 Liquidity
TNK has a Current Ratio of 7.86. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TNK (7.86) is better than 93.84% of its industry peers.
A Quick Ratio of 7.61 indicates that TNK has no problem at all paying its short term obligations.
TNK's Quick ratio of 7.61 is amongst the best of the industry. TNK outperforms 94.79% of its industry peers.
| 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 -50.83%.
Measured over the past years, TNK shows a very strong growth in Earnings Per Share. The EPS has been growing by 56.73% on average per year.
The Revenue for TNK has decreased by -14.19% in the past year. This is quite bad
TNK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.43% yearly.
EPS 1Y (TTM)-50.83%
EPS 3YN/A
EPS 5Y56.73%
EPS Q2Q%-54.66%
Revenue 1Y (TTM)-14.19%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-21.49%
3.2 Future
The Earnings Per Share is expected to decrease by -10.69% on average over the next years. This is quite bad
The Revenue is expected to decrease by -15.76% on average over the next years. This is quite bad
EPS Next Y-5.13%
EPS Next 2Y-22.74%
EPS Next 3Y-10.69%
EPS Next 5YN/A
Revenue Next Year-16.86%
Revenue Next 2Y-20.58%
Revenue Next 3Y-15.76%
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 9.04, the valuation of TNK can be described as very reasonable.
TNK's Price/Earnings ratio is rather cheap when compared to the industry. TNK is cheaper than 81.04% of the companies in the same industry.
TNK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.40.
With a Price/Forward Earnings ratio of 8.08, the valuation of TNK can be described as very reasonable.
81.99% of the companies in the same industry are more expensive than TNK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, TNK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 8.08 |
4.2 Price Multiples
85.78% of the companies in the same industry are more expensive than TNK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TNK is valued a bit cheaper than 78.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.77 | ||
| EV/EBITDA | 3.41 |
4.3 Compensation for Growth
TNK has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as TNK's earnings are expected to decrease with -10.69% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-22.74%
EPS Next 3Y-10.69%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
TNK's Dividend Yield is comparable with the industry average which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.38, TNK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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
23.71% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
DP23.71%
EPS Next 2Y-22.74%
EPS Next 3Y-10.69%
53.86
+1.44 (+2.75%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.13%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.86B
Analysts81.82
Price Target55.28 (2.64%)
Short Float %3.93%
Short Ratio1.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP23.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-36.1%
Min EPS beat(2)-56.3%
Max EPS beat(2)-15.89%
EPS beat(4)0
Avg EPS beat(4)-28.95%
Min EPS beat(4)-56.3%
Max EPS beat(4)-9.19%
EPS beat(8)3
Avg EPS beat(8)-15.04%
EPS beat(12)5
Avg EPS beat(12)-6.49%
EPS beat(16)9
Avg EPS beat(16)-0.29%
Revenue beat(2)1
Avg Revenue beat(2)8.86%
Min Revenue beat(2)-14.78%
Max Revenue beat(2)32.49%
Revenue beat(4)3
Avg Revenue beat(4)18.54%
Min Revenue beat(4)-14.78%
Max Revenue beat(4)38.15%
Revenue beat(8)7
Avg Revenue beat(8)31.42%
Revenue beat(12)10
Avg Revenue beat(12)34.43%
Revenue beat(16)14
Avg Revenue beat(16)65.19%
PT rev (1m)2.65%
PT rev (3m)-8.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-15.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.04 | ||
| Fwd PE | 8.08 | ||
| P/S | 1.76 | ||
| P/FCF | 9.77 | ||
| P/OCF | 5.71 | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 3.41 |
EPS(TTM)5.96
EY11.07%
EPS(NY)6.66
Fwd EY12.37%
FCF(TTM)5.52
FCFY10.24%
OCF(TTM)9.44
OCFY17.53%
SpS30.67
BVpS53.5
TBVpS53.2
PEG (NY)N/A
PEG (5Y)0.16
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
ROICexcg growth 3YN/A
ROICexcg 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
WACC8.55%
ROIC/WACC0.96
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)-50.83%
EPS 3YN/A
EPS 5Y56.73%
EPS Q2Q%-54.66%
EPS Next Y-5.13%
EPS Next 2Y-22.74%
EPS Next 3Y-10.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.19%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-21.49%
Revenue Next Year-16.86%
Revenue Next 2Y-20.58%
Revenue Next 3Y-15.76%
Revenue Next 5YN/A
EBIT growth 1Y-51.48%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year13.9%
EBIT Next 3Y-6.19%
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%