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%)
Taking everything into account, TNP scores 5 out of 10 in our fundamental rating. TNP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of TNP get a neutral evaluation. Nothing too spectacular is happening here. TNP may be a bit undervalued, certainly considering the very reasonable score on growth
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.
The reported net income has been mixed in the past 5 years: TNP reported negative net income in multiple years.
Each year in the past 5 years TNP had a positive operating cash flow.
1.2 Ratios
TNP has a better Return On Assets (7.93%) than 62.26% of its industry peers.
The Return On Equity of TNP (16.48%) is comparable to the rest of the industry.
TNP's Return On Invested Capital of 8.75% is in line compared to the rest of the industry. TNP outperforms 52.83% of its industry peers.
| 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 has a Profit Margin of 29.99%. This is in the better half of the industry: TNP outperforms 76.89% of its industry peers.
The Operating Margin of TNP (37.85%) is better than 70.75% of its industry peers.
TNP's Operating Margin has improved in the last couple of years.
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
TNP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for TNP remains at a similar level compared to 1 year ago.
The number of shares outstanding for TNP has been increased compared to 5 years ago.
TNP has a better debt/assets ratio than last year.
2.2 Solvency
TNP has an Altman-Z score of 1.19. This is a bad value and indicates that TNP is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.19, TNP perfoms like the industry average, outperforming 44.34% of the companies in the same industry.
The Debt to FCF ratio of TNP is 6.75, which is on the high side as it means it would take TNP, 6.75 years of fcf income to pay off all of its debts.
TNP has a Debt to FCF ratio of 6.75. This is comparable to the rest of the industry: TNP outperforms 54.72% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that TNP is somewhat dependend on debt financing.
The Debt to Equity ratio of TNP (0.85) is worse than 69.34% of its industry peers.
| 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.
Looking at the Current ratio, with a value of 1.58, TNP is in the better half of the industry, outperforming 66.98% of the companies in the same industry.
A Quick Ratio of 1.51 indicates that TNP should not have too much problems paying its short term obligations.
TNP's Quick ratio of 1.51 is fine compared to the rest of the industry. TNP outperforms 68.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
TNP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.61%.
The Earnings Per Share has been growing by 109.69% on average over the past years. This is a very strong growth
TNP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.60%.
The Revenue has been growing by 10.92% on average over the past years. This is quite good.
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
The Revenue is expected to grow by 3.83% on average over the next years.
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.
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
The Price/Earnings ratio is 5.94, which indicates a rather cheap valuation of TNP.
TNP's Price/Earnings ratio is rather cheap when compared to the industry. TNP is cheaper than 85.38% of the companies in the same industry.
TNP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.49.
With a Price/Forward Earnings ratio of 2.77, the valuation of TNP can be described as very cheap.
Based on the Price/Forward Earnings ratio, TNP is valued cheaply inside the industry as 98.11% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of TNP to the average of the S&P500 Index (23.69), we can say TNP is valued rather cheaply.
| 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
With a Yearly Dividend Yield of 4.10%, TNP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.71, TNP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, 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)
Earnings (Next)
Inst Owners21.77%
Inst Owner Change7.58%
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.
What is the valuation status of TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
ChartMill assigns a valuation rating of 9 / 10 to TSAKOS ENERGY NAVIGATION LTD (TNP). This can be considered as Undervalued.
How profitable is TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
TSAKOS ENERGY NAVIGATION LTD (TNP) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for 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.
Can you provide the expected EPS growth for TNP stock?
The Earnings per Share (EPS) of TSAKOS ENERGY NAVIGATION LTD (TNP) is expected to grow by 57.14% in the next year.