TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
54.08 USD
+0.49 (+0.91%)
54.08 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TNK. TNK was compared to 208 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 on the other hand it scores bad on growth.
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.
Of the past 5 years TNK 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.32%, TNK belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
TNK's Return On Equity of 16.77% is amongst the best of the industry. TNK outperforms 81.73% of its industry peers.
TNK's Return On Invested Capital of 7.35% is fine compared to the rest of the industry. TNK outperforms 66.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TNK is below the industry average of 20.87%.
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
TNK's Profit Margin of 31.00% is amongst the best of the industry. TNK outperforms 88.94% of its industry peers.
In the last couple of years the Profit Margin of TNK has grown nicely.
TNK has a Operating Margin (17.80%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of TNK has grown nicely.
TNK has a Gross Margin of 30.51%. This is comparable to the rest of the industry: TNK outperforms 40.87% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TNK is creating value.
The number of shares outstanding for TNK has been increased compared to 1 year ago.
TNK has more shares outstanding than it did 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
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/WACC0.84
WACC8.74%
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 94.71% 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.
Looking at the Quick ratio, with a value of 8.47, TNK belongs to the top of the industry, outperforming 94.23% of the companies in the same industry.
| 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%.
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.
TNK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.32%.
Measured over the past years, TNK shows a small growth in Revenue. The Revenue has been growing by 5.43% on average per year.
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.
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 9.55, 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 82.21% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.55, TNK is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.34, the valuation of TNK can be described as very reasonable.
TNK's Price/Forward Earnings ratio is rather cheap when compared to the industry. TNK is cheaper than 83.65% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. TNK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.55 | ||
| Fwd PE | 8.34 |
4.2 Price Multiples
TNK's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TNK is cheaper than 84.13% of the companies in the same industry.
TNK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.67 | ||
| EV/EBITDA | 3.77 |
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 -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 1.85%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.83, TNK has a dividend in line with its industry peers.
TNK's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
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.
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%
54.08
+0.49 (+0.91%)
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 Cap1.87B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (17.31%)
Short Float %4.59%
Short Ratio2.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP21.29%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)7.61%
PT rev (3m)17.8%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)-36.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-42.98%
Revenue NY rev (1m)1.01%
Revenue NY rev (3m)15.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.55 | ||
| Fwd PE | 8.34 | ||
| P/S | 1.79 | ||
| P/FCF | 18.67 | ||
| P/OCF | 6.38 | ||
| P/B | 0.97 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 3.77 |
EPS(TTM)5.66
EY10.47%
EPS(NY)6.48
Fwd EY11.99%
FCF(TTM)2.9
FCFY5.36%
OCF(TTM)8.47
OCFY15.66%
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
WACC8.74%
ROIC/WACC0.84
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 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 9.55 and the Price/Book (PB) ratio is 0.97.
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 -37.01% in the next year.