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%)
Overall TNK gets a fundamental rating of 6 out of 10. We evaluated TNK 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's Return On Assets of 15.32% is amongst the best of the industry. TNK outperforms 94.74% of its industry peers.
TNK's Return On Equity of 16.77% is amongst the best of the industry. TNK outperforms 82.30% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.35%, TNK is in the better half of the industry, outperforming 66.99% 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 21.18%.
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 89.47% of the companies in the same industry.
TNK's Profit Margin has improved in the last couple of years.
TNK's Operating Margin of 17.80% is in line compared to the rest of the industry. TNK outperforms 52.63% of its industry peers.
TNK's Operating Margin has improved in the last couple of years.
TNK's Gross Margin of 30.51% is in line compared to the rest of the industry. TNK outperforms 42.11% of its industry peers.
In the last couple of years the Gross Margin of TNK has grown nicely.
| 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.
The number of shares outstanding for TNK has been increased compared to 1 year ago.
Compared to 5 years ago, TNK has more shares outstanding
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
TNK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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.
Looking at the Current ratio, with a value of 8.78, TNK belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
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.
The Quick ratio of TNK (8.47) is better than 93.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 |
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%.
The Earnings Per Share has been growing by 41.31% on average over the past years. This is a very strong growth
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
Based on estimates for the next years, TNK will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.52% on average per year.
TNK is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -16.03% yearly.
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
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
Based on the Price/Earnings ratio of 9.44, the valuation of TNK can be described as reasonable.
83.73% of the companies in the same industry are more expensive than TNK, based on the Price/Earnings ratio.
TNK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 8.24 indicates a reasonable valuation of TNK.
84.69% 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 23.13, TNK is valued rather cheaply.
| 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 | 3.69 |
4.3 Compensation for Growth
TNK has a very decent profitability rating, which 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.
TNK's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| 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 paid a dividend for at least 10 years, which is 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
21.29% of the earnings are spent on dividend by TNK. This is a low number and 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 | 3.69 |
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.