TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
58.11 USD
-1.16 (-1.96%)
58.11 USD
0 (0%)
Taking everything into account, TNK scores 6 out of 10 in our fundamental rating. TNK was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making TNK a very profitable company, without any liquidiy or solvency issues. TNK is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TNK had positive earnings in the past year.
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
TNK has a Return On Assets of 15.32%. This is amongst the best in the industry. TNK outperforms 94.29% of its industry peers.
Looking at the Return On Equity, with a value of 16.77%, TNK is in the better half of the industry, outperforming 79.52% of the companies in the same industry.
TNK's Return On Invested Capital of 7.35% is fine compared to the rest of the industry. TNK outperforms 65.24% of its industry peers.
TNK had an Average Return On Invested Capital over the past 3 years of 17.28%. This is below the industry average of 21.41%.
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
TNK has a Profit Margin of 31.00%. This is amongst the best in the industry. TNK outperforms 88.57% of its industry peers.
In the last couple of years the Profit Margin of TNK has grown nicely.
The Operating Margin of TNK (17.80%) is comparable to the rest of the 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 41.90% 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 | 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.
The number of shares outstanding for TNK has been increased compared to 1 year ago.
The number of shares outstanding for TNK has been increased compared to 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
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/WACC0.86
WACC8.57%
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.
TNK has a better Current ratio (8.78) than 94.29% of its industry peers.
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.
TNK has a Quick ratio of 8.47. This is amongst the best in the industry. TNK outperforms 93.81% 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.
The Earnings Per Share has been growing by 41.31% on average over the past years. This is a very strong growth
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
Based on estimates for the next years, TNK will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.55% on average per year.
Based on estimates for the next years, TNK will show a very negative growth in Revenue. The Revenue will decrease by -16.93% on average per year.
EPS Next Y-37.01%
EPS Next 2Y-18.63%
EPS Next 3Y-11.55%
EPS Next 5YN/A
Revenue Next Year-15.38%
Revenue Next 2Y-22.43%
Revenue Next 3Y-16.93%
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 10.27, the valuation of TNK can be described as very reasonable.
Based on the Price/Earnings ratio, TNK is valued a bit cheaper than the industry average as 77.62% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of TNK to the average of the S&P500 Index (26.15), we can say TNK is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.51, the valuation of TNK can be described as reasonable.
Based on the Price/Forward Earnings ratio, TNK is valued cheaper than 82.38% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. TNK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 8.51 |
4.2 Price Multiples
80.48% of the companies in the same industry are more expensive than TNK, based on the Enterprise Value to EBITDA ratio.
TNK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.06 | ||
| EV/EBITDA | 4.27 |
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 -11.55% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.25
EPS Next 2Y-18.63%
EPS Next 3Y-11.55%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.65%.
Compared to an average industry Dividend Yield of 5.90, TNK has a dividend in line with its industry peers.
TNK's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
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.
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-18.63%
EPS Next 3Y-11.55%
58.11
-1.16 (-1.96%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.13%
Inst Owner Change-94.91%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.01B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (9.17%)
Short Float %3.74%
Short Ratio1.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
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)14.76%
PT rev (3m)17.8%
EPS NQ rev (1m)7.79%
EPS NQ rev (3m)-33.72%
EPS NY rev (1m)4.68%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)10.68%
Revenue NQ rev (3m)-42.98%
Revenue NY rev (1m)2.7%
Revenue NY rev (3m)14.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.27 | ||
| Fwd PE | 8.51 | ||
| P/S | 1.92 | ||
| P/FCF | 20.06 | ||
| P/OCF | 6.86 | ||
| P/B | 1.04 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 4.27 |
EPS(TTM)5.66
EY9.74%
EPS(NY)6.83
Fwd EY11.75%
FCF(TTM)2.9
FCFY4.98%
OCF(TTM)8.47
OCFY14.58%
SpS30.25
BVpS55.93
TBVpS55.23
PEG (NY)N/A
PEG (5Y)0.25
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
WACC8.57%
ROIC/WACC0.86
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-18.63%
EPS Next 3Y-11.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
Revenue Next Year-15.38%
Revenue Next 2Y-22.43%
Revenue Next 3Y-16.93%
Revenue Next 5YN/A
EBIT growth 1Y-52.42%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-22.31%
EBIT Next 3Y-8.17%
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 10.27 and the Price/Book (PB) ratio is 1.04.
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.