TSAKOS ENERGY NAVIGATION LTD (TNP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNP - BMG9108L1735 - Common Stock
29.28 USD
-0.16 (-0.54%)
29.28 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TNP. TNP was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. TNP has an average financial health and profitability rating. TNP scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- TNP had positive earnings in the past year.
- In the past year TNP had a positive cash flow from operations.
- In multiple years TNP reported negative net income over the last 5 years.
- Each year in the past 5 years TNP had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of TNP (7.93%) is better than 62.26% of its industry peers.
- Looking at the Return On Equity, with a value of 16.48%, TNP is in line with its industry, outperforming 58.49% of the companies in the same industry.
- The Return On Invested Capital of TNP (8.75%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.93% | ||
| ROE | 16.48% | ||
| ROIC | 8.75% |
ROA(3y)2.18%
ROA(5y)1.04%
ROE(3y)4.28%
ROE(5y)1.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- TNP's Profit Margin of 29.99% is fine compared to the rest of the industry. TNP outperforms 76.89% of its industry peers.
- Looking at the Operating Margin, with a value of 37.85%, TNP is in the better half of the industry, outperforming 70.75% of the companies in the same industry.
- In the last couple of years the Operating Margin of TNP has grown nicely.
- TNP's Gross Margin of 57.82% is fine compared to the rest of the industry. TNP outperforms 63.21% of its industry peers.
- TNP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.85% | ||
| PM (TTM) | 29.99% | ||
| GM | 57.82% |
OM growth 3Y22.72%
OM growth 5Y39.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.69%
GM growth 5Y7.64%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TNP is still creating some value.
- Compared to 1 year ago, TNP has about the same amount of shares outstanding.
- Compared to 1 year ago, TNP has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.19, we must say that TNP is in the distress zone and has some risk of bankruptcy.
- TNP has a Altman-Z score (1.19) which is in line with its industry peers.
- TNP has a debt to FCF ratio of 6.75. This is a slightly negative value and a sign of low solvency as TNP would need 6.75 years to pay back of all of its debts.
- TNP has a Debt to FCF ratio (6.75) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.85 indicates that TNP is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.85, TNP is not doing good in the industry: 69.34% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.75 | ||
| Altman-Z | 1.19 |
ROIC/WACC1.33
WACC6.58%
2.3 Liquidity
- A Current Ratio of 1.58 indicates that TNP should not have too much problems paying its short term obligations.
- The Current ratio of TNP (1.58) is better than 66.98% of its industry peers.
- A Quick Ratio of 1.51 indicates that TNP should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.51, TNP is in the better half of the industry, outperforming 68.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
- The earnings per share for TNP have decreased strongly by -44.61% in the last year.
- TNP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 109.69% yearly.
- Looking at the last year, TNP shows a very negative growth in Revenue. The Revenue has decreased by -14.60% in the last year.
- Measured over the past years, TNP shows a quite strong growth in Revenue. The Revenue has been growing by 10.92% on average per year.
EPS 1Y (TTM)-44.61%
EPS 3Y109.69%
EPS 5YN/A
EPS Q2Q%-45.58%
Revenue 1Y (TTM)-14.6%
Revenue growth 3Y11.36%
Revenue growth 5Y10.92%
Sales Q2Q%-22.83%
3.2 Future
- The Earnings Per Share is expected to grow by 26.91% on average over the next years. This is a very strong growth
- TNP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.83% yearly.
EPS Next Y57.14%
EPS Next 2Y29.92%
EPS Next 3Y26.91%
EPS Next 5YN/A
Revenue Next Year3.83%
Revenue Next 2Y2.94%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
- The Price/Earnings ratio is 5.94, which indicates a rather cheap valuation of TNP.
- Based on the Price/Earnings ratio, TNP is valued cheaply inside the industry as 85.38% of the companies are valued more expensively.
- TNP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.94.
- TNP is valuated cheaply with a Price/Forward Earnings ratio of 2.77.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TNP indicates a rather cheap valuation: TNP is cheaper than 98.11% of the companies listed in the same industry.
- TNP is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 2.77 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TNP is valued cheaper than 81.60% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNP indicates a rather cheap valuation: TNP is cheaper than 91.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.73 | ||
| EV/EBITDA | 3.64 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as TNP's earnings are expected to grow with 26.91% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y29.92%
EPS Next 3Y26.91%
5. Dividend
5.1 Amount
- TNP has a Yearly Dividend Yield of 4.10%, which is a nice return.
- TNP's Dividend Yield is a higher than the industry average which is at 3.75.
- Compared to an average S&P500 Dividend Yield of 1.83, TNP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
5.2 History
- The dividend of TNP decreases each year by -3.85%.
- TNP has been paying a dividend for at least 10 years, so it has a reliable track record.
- TNP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-3.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 23.19% of the earnings are spent on dividend by TNP. This is a low number and sustainable payout ratio.
DP23.19%
EPS Next 2Y29.92%
EPS Next 3Y26.91%
29.28
-0.16 (-0.54%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)06-24 2024-06-24/amc
Earnings (Next)09-05 2024-09-05/amc
Inst Owners21.77%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap864.05M
Revenue(TTM)830.03M
Net Income(TTM)266.81M
Analysts86.67
Price Target35.7 (21.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.1% |
Yearly Dividend2.1
Dividend Growth(5Y)-3.85%
DP23.19%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-26.02%
Min EPS beat(2)-50.93%
Max EPS beat(2)-1.11%
EPS beat(4)2
Avg EPS beat(4)-11.44%
Min EPS beat(4)-50.93%
Max EPS beat(4)4.3%
EPS beat(8)4
Avg EPS beat(8)-6.18%
EPS beat(12)5
Avg EPS beat(12)-17.63%
EPS beat(16)5
Avg EPS beat(16)-23.14%
Revenue beat(2)2
Avg Revenue beat(2)17.97%
Min Revenue beat(2)17.12%
Max Revenue beat(2)18.82%
Revenue beat(4)4
Avg Revenue beat(4)15.85%
Min Revenue beat(4)3.82%
Max Revenue beat(4)23.65%
Revenue beat(8)7
Avg Revenue beat(8)16.22%
Revenue beat(12)11
Avg Revenue beat(12)23.04%
Revenue beat(16)14
Avg Revenue beat(16)19.71%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-29%
EPS NQ rev (3m)-25.4%
EPS NY rev (1m)0%
EPS NY rev (3m)13%
Revenue NQ rev (1m)6.06%
Revenue NQ rev (3m)9.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.94 | ||
| Fwd PE | 2.77 | ||
| P/S | 0.97 | ||
| P/FCF | 3.73 | ||
| P/OCF | 2.19 | ||
| P/B | 0.53 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 3.64 |
EPS(TTM)4.93
EY16.84%
EPS(NY)10.58
Fwd EY36.15%
FCF(TTM)7.85
FCFY26.81%
OCF(TTM)13.39
OCFY45.75%
SpS30.15
BVpS54.85
TBVpS54.85
PEG (NY)0.1
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.93% | ||
| ROE | 16.48% | ||
| ROCE | 11.07% | ||
| ROIC | 8.75% | ||
| ROICexc | 11.61% | ||
| ROICexgc | 11.61% | ||
| OM | 37.85% | ||
| PM (TTM) | 29.99% | ||
| GM | 57.82% | ||
| FCFM | 26.04% |
ROA(3y)2.18%
ROA(5y)1.04%
ROE(3y)4.28%
ROE(5y)1.96%
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
ROICexgc growth 3Y35.04%
ROICexgc growth 5Y55.49%
ROICexc growth 3Y35.04%
ROICexc growth 5Y55.49%
OM growth 3Y22.72%
OM growth 5Y39.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.69%
GM growth 5Y7.64%
F-Score9
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 6.75 | ||
| Debt/EBITDA | 2.98 | ||
| Cap/Depr | 132.92% | ||
| Cap/Sales | 18.39% | ||
| Interest Coverage | 3.32 | ||
| Cash Conversion | 85.96% | ||
| Profit Quality | 86.82% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 1.19 |
F-Score9
WACC6.58%
ROIC/WACC1.33
Cap/Depr(3y)124.84%
Cap/Depr(5y)105.42%
Cap/Sales(3y)18.16%
Cap/Sales(5y)17.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.61%
EPS 3Y109.69%
EPS 5YN/A
EPS Q2Q%-45.58%
EPS Next Y57.14%
EPS Next 2Y29.92%
EPS Next 3Y26.91%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.6%
Revenue growth 3Y11.36%
Revenue growth 5Y10.92%
Sales Q2Q%-22.83%
Revenue Next Year3.83%
Revenue Next 2Y2.94%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
EBIT growth 1Y31.13%
EBIT growth 3Y36.66%
EBIT growth 5Y54.54%
EBIT Next Year36.91%
EBIT Next 3Y16.36%
EBIT Next 5YN/A
FCF growth 1Y1868.21%
FCF growth 3Y59.77%
FCF growth 5Y26.08%
OCF growth 1Y37.01%
OCF growth 3Y24.38%
OCF growth 5Y39.85%
TSAKOS ENERGY NAVIGATION LTD / TNP FAQ
What is the ChartMill fundamental rating of TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TNP.
Can you provide the valuation status for TSAKOS ENERGY NAVIGATION LTD?
ChartMill assigns a valuation rating of 9 / 10 to TSAKOS ENERGY NAVIGATION LTD (TNP). This can be considered as Undervalued.
What is the profitability of TNP stock?
TSAKOS ENERGY NAVIGATION LTD (TNP) has a profitability rating of 5 / 10.
What are the PE and PB ratios of TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
The Price/Earnings (PE) ratio for TSAKOS ENERGY NAVIGATION LTD (TNP) is 5.94 and the Price/Book (PB) ratio is 0.53.
What is the financial health of TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
The financial health rating of TSAKOS ENERGY NAVIGATION LTD (TNP) is 4 / 10.