TEEKAY TANKERS LTD-CLASS A (TNK)
MHY8565N3002 - Common Stock
Overall TNK gets a fundamental rating of 7 out of 10. We evaluated TNK against 205 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 has a bad growth rate and is valued cheaply. These ratings would make TNK suitable 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
TNK's Return On Assets of 22.04% is amongst the best of the industry. TNK outperforms 93.14% of its industry peers.
TNK's Return On Equity of 24.20% is amongst the best of the industry. TNK outperforms 80.39% of its industry peers.
TNK has a Return On Invested Capital of 17.01%. This is amongst the best in the industry. TNK outperforms 87.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.04% | ||
| ROE | 24.2% | ||
| ROIC | 17.01% |
ROA(3y)8.43%
ROA(5y)6.38%
ROE(3y)8.72%
ROE(5y)7.69%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 35.44%, TNK belongs to the top of the industry, outperforming 84.80% of the companies in the same industry.
In the last couple of years the Profit Margin of TNK has grown nicely.
TNK has a Operating Margin of 32.79%. This is in the better half of the industry: TNK outperforms 66.67% of its industry peers.
TNK's Operating Margin has improved in the last couple of years.
TNK has a Gross Margin (44.82%) which is in line with its industry peers.
In the last couple of years the Gross Margin of TNK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.79% | ||
| PM (TTM) | 35.44% | ||
| GM | 44.82% |
OM growth 3Y17.23%
OM growth 5Y105.4%
PM growth 3Y56.36%
PM growth 5YN/A
GM growth 3Y5.71%
GM growth 5Y18.03%
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.
TNK has more shares outstanding than it did 1 year ago.
TNK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TNK has been reduced compared to a year ago.
2.2 Solvency
TNK has an Altman-Z score of 6.49. This indicates that TNK is financially healthy and has little risk of bankruptcy at the moment.
TNK has a Altman-Z score of 6.49. This is amongst the best in the industry. TNK outperforms 91.67% of its industry peers.
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 | 6.49 |
ROIC/WACC2.06
WACC8.25%
2.3 Liquidity
TNK has a Current Ratio of 6.80. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 6.80, TNK belongs to the best of the industry, outperforming 90.69% of the companies in the same industry.
TNK has a Quick Ratio of 6.35. 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 6.35, TNK belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.8 | ||
| Quick Ratio | 6.35 |
3. Growth
3.1 Past
The earnings per share for TNK have decreased strongly by -27.11% in the last year.
The Earnings Per Share has been growing by 47.81% on average over the past years. This is a very strong growth
The Revenue for TNK has decreased by -16.00% in the past year. This is quite bad
Measured over the past years, TNK shows a quite strong growth in Revenue. The Revenue has been growing by 11.93% on average per year.
EPS 1Y (TTM)-27.11%
EPS 3Y47.81%
EPS 5YN/A
EPS Q2Q%-17.86%
Revenue 1Y (TTM)-16%
Revenue growth 3Y15.46%
Revenue growth 5Y11.93%
Sales Q2Q%-14.9%
3.2 Future
TNK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.42% yearly.
The Revenue is expected to decrease by -2.25% on average over the next years.
EPS Next Y-23.86%
EPS Next 2Y-15.01%
EPS Next 3Y-8.72%
EPS Next 5Y2.42%
Revenue Next Year8.82%
Revenue Next 2Y-4.89%
Revenue Next 3Y-8.94%
Revenue Next 5Y-2.25%
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
A Price/Earnings ratio of 3.20 indicates a rather cheap valuation of TNK.
Based on the Price/Earnings ratio, TNK is valued cheaply inside the industry as 95.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.20, TNK is valued rather cheaply.
TNK is valuated cheaply with a Price/Forward Earnings ratio of 3.54.
TNK's Price/Forward Earnings ratio is rather cheap when compared to the industry. TNK is cheaper than 94.12% 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 23.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.2 | ||
| Fwd PE | 3.54 |
4.2 Price Multiples
98.04% 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 cheaper than 92.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.94 | ||
| EV/EBITDA | 1.7 |
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 -8.72% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.01%
EPS Next 3Y-8.72%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 2.69%.
The stock price of TNK dropped by -32.74% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
TNK's Dividend Yield is comparable with the industry average which is at 7.14.
TNK's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
On average, the dividend of TNK grows each year by 31.71%, which is quite nice.
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)31.71%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
24.33% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
The dividend of TNK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.33%
EPS Next 2Y-15.01%
EPS Next 3Y-8.72%
TEEKAY TANKERS LTD-CLASS A
NYSE:TNK (12/20/2024, 8:04:00 PM)
After market: 37.51 0 (0%)37.51
+0.3 (+0.81%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners63.78%
Inst Owner Change-12.88%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.29B
Analysts81.82
Price Target67.49 (79.93%)
Short Float %1.95%
Short Ratio1.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Dividend Growth(5Y)31.71%
DP24.33%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.11%
Min EPS beat(2)-9.19%
Max EPS beat(2)0.97%
EPS beat(4)2
Avg EPS beat(4)-5.69%
Min EPS beat(4)-17.06%
Max EPS beat(4)2.53%
EPS beat(8)5
Avg EPS beat(8)3.61%
EPS beat(12)8
Avg EPS beat(12)7.7%
EPS beat(16)10
Avg EPS beat(16)5.3%
Revenue beat(2)2
Avg Revenue beat(2)29.1%
Min Revenue beat(2)18.31%
Max Revenue beat(2)39.89%
Revenue beat(4)4
Avg Revenue beat(4)35.34%
Min Revenue beat(4)18.31%
Max Revenue beat(4)51.2%
Revenue beat(8)7
Avg Revenue beat(8)35.16%
Revenue beat(12)11
Avg Revenue beat(12)67.37%
Revenue beat(16)15
Avg Revenue beat(16)71.27%
PT rev (1m)-15.35%
PT rev (3m)-17.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-48.14%
EPS NY rev (1m)-0.76%
EPS NY rev (3m)-19.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-30.87%
Revenue NY rev (1m)-4.6%
Revenue NY rev (3m)-6.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.2 | ||
| Fwd PE | 3.54 | ||
| P/S | 1.08 | ||
| P/FCF | 2.94 | ||
| P/OCF | 2.49 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 1.7 |
EPS(TTM)11.72
EY31.25%
EPS(NY)10.59
Fwd EY28.23%
FCF(TTM)12.75
FCFY34%
OCF(TTM)15.06
OCFY40.16%
SpS34.74
BVpS50.87
TBVpS50.79
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.04% | ||
| ROE | 24.2% | ||
| ROCE | 21.53% | ||
| ROIC | 17.01% | ||
| ROICexc | 22.83% | ||
| ROICexgc | 22.87% | ||
| OM | 32.79% | ||
| PM (TTM) | 35.44% | ||
| GM | 44.82% | ||
| FCFM | 36.71% |
ROA(3y)8.43%
ROA(5y)6.38%
ROE(3y)8.72%
ROE(5y)7.69%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y41.24%
ROICexcg growth 5Y145.31%
ROICexc growth 3Y41.26%
ROICexc growth 5Y145.71%
OM growth 3Y17.23%
OM growth 5Y105.4%
PM growth 3Y56.36%
PM growth 5YN/A
GM growth 3Y5.71%
GM growth 5Y18.03%
F-Score5
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 84.55% | ||
| Cap/Sales | 6.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.64% | ||
| Profit Quality | 103.6% | ||
| Current Ratio | 6.8 | ||
| Quick Ratio | 6.35 | ||
| Altman-Z | 6.49 |
F-Score5
WACC8.25%
ROIC/WACC2.06
Cap/Depr(3y)15.42%
Cap/Depr(5y)13.85%
Cap/Sales(3y)2.05%
Cap/Sales(5y)1.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.11%
EPS 3Y47.81%
EPS 5YN/A
EPS Q2Q%-17.86%
EPS Next Y-23.86%
EPS Next 2Y-15.01%
EPS Next 3Y-8.72%
EPS Next 5Y2.42%
Revenue 1Y (TTM)-16%
Revenue growth 3Y15.46%
Revenue growth 5Y11.93%
Sales Q2Q%-14.9%
Revenue Next Year8.82%
Revenue Next 2Y-4.89%
Revenue Next 3Y-8.94%
Revenue Next 5Y-2.25%
EBIT growth 1Y-32.62%
EBIT growth 3Y35.36%
EBIT growth 5Y129.91%
EBIT Next Year-17.06%
EBIT Next 3Y-7.58%
EBIT Next 5Y3.49%
FCF growth 1Y8568.81%
FCF growth 3Y22.88%
FCF growth 5YN/A
OCF growth 1Y2162.66%
OCF growth 3Y21.63%
OCF growth 5YN/A