TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
53.42 USD
+0.25 (+0.47%)
53.42 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TNK. TNK was compared to 209 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
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 15.32%, TNK belongs to the best of the industry, outperforming 94.74% of the companies in the same industry.
TNK's Return On Equity of 16.77% is amongst the best of the industry. TNK outperforms 82.30% of its industry peers.
TNK's Return On Invested Capital of 7.35% is fine compared to the rest of the industry. TNK outperforms 66.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TNK is below the industry average of 21.18%.
The last Return On Invested Capital (7.35%) for TNK is well below the 3 year average (17.28%), which needs to be investigated, but indicates that TNK had better years and this may not be a problem.
| 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 89.00% of its industry peers.
TNK's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 17.80%, TNK is in line with its industry, outperforming 52.15% of the companies in the same industry.
In the last couple of years the Operating Margin of TNK has grown nicely.
With a Gross Margin value of 30.51%, TNK perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
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
TNK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TNK has more shares outstanding
Compared to 5 years ago, TNK has more shares outstanding
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
A Current Ratio of 8.78 indicates that TNK has no problem at all paying its short term obligations.
TNK has a Current ratio of 8.78. This is amongst the best in the industry. TNK outperforms 94.74% of its industry peers.
A Quick Ratio of 8.47 indicates that TNK has no problem at all paying 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.
The Revenue for TNK has decreased by -12.32% 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)-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.
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
With a Price/Earnings ratio of 9.44, the valuation of TNK can be described as very reasonable.
Based on the Price/Earnings ratio, TNK is valued cheaply inside the industry as 83.25% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.51. TNK is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.24 indicates a reasonable valuation of TNK.
Based on the Price/Forward Earnings ratio, TNK is valued cheaper than 86.12% 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 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 8.24 |
4.2 Price Multiples
TNK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TNK is cheaper than 85.65% of the companies in the same industry.
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 | 18.44 | ||
| EV/EBITDA | 3.65 |
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 -14.52% in the coming years.
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%.
Compared to an average industry Dividend Yield of 3.93, TNK has a dividend in line with its industry peers.
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
On average, the dividend of TNK grows each year by 20.75%, which is quite nice.
TNK has paid a dividend for at least 10 years, which is 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 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%
53.42
+0.25 (+0.47%)
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 Cap1.84B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (18.76%)
Short Float %2.58%
Short Ratio1.44
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-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)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 | 9.44 | ||
| Fwd PE | 8.24 | ||
| P/S | 1.77 | ||
| P/FCF | 18.44 | ||
| P/OCF | 6.31 | ||
| P/B | 0.96 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 3.65 |
EPS(TTM)5.66
EY10.6%
EPS(NY)6.48
Fwd EY12.14%
FCF(TTM)2.9
FCFY5.42%
OCF(TTM)8.47
OCFY15.86%
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 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 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.
Can you provide the PE and PB ratios for TNK stock?
The Price/Earnings (PE) ratio for TEEKAY TANKERS LTD-CLASS A (TNK) is 9.44 and the Price/Book (PB) ratio is 0.96.
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.