TSAKOS ENERGY NAVIGATION LTD (TNP) Fundamental Analysis & Valuation

NYSE:TNP • BMG9108L1735

Current stock price

29.28 USD
-0.16 (-0.54%)
At close:
29.28 USD
0 (0%)
After Hours:

This TNP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. TNP Profitability Analysis

1.1 Basic Checks

  • In the past year TNP was profitable.
  • 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.
  • In the past 5 years TNP always reported a positive cash flow from operatings.
TNP Yearly Net Income VS EBIT VS OCF VS FCFTNP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M

1.2 Ratios

  • TNP's Return On Assets of 7.93% is fine compared to the rest of the industry. TNP outperforms 62.26% of its industry peers.
  • TNP has a Return On Equity (16.48%) which is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 8.75%, TNP perfoms like the industry average, outperforming 52.83% of the companies in the same industry.
Industry RankSector 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
TNP Yearly ROA, ROE, ROICTNP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10

1.3 Margins

  • TNP has a better Profit Margin (29.99%) than 76.89% of its industry peers.
  • With a decent Operating Margin value of 37.85%, TNP is doing good in 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.
  • The Gross Margin of TNP (57.82%) is better than 63.21% of its industry peers.
  • In the last couple of years the Gross Margin of TNP has grown nicely.
Industry RankSector 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%
TNP Yearly Profit, Operating, Gross MarginsTNP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40

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4

2. TNP Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TNP is creating some value.
  • TNP has about the same amout of shares outstanding than it did 1 year ago.
  • TNP has a better debt/assets ratio than last year.
TNP Yearly Shares OutstandingTNP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M 25M
TNP Yearly Total Debt VS Total AssetsTNP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

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.
  • TNP has a Altman-Z score (1.19) which is comparable to the rest of the 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 (6.75) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.85 indicates that TNP is somewhat dependend on debt financing.
  • TNP has a worse Debt to Equity ratio (0.85) than 69.34% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.85
Debt/FCF 6.75
Altman-Z 1.19
ROIC/WACC1.33
WACC6.58%
TNP Yearly LT Debt VS Equity VS FCFTNP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

2.3 Liquidity

  • TNP has a Current Ratio of 1.58. This is a normal value and indicates that TNP is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Current ratio value of 1.58, TNP is doing good in the industry, outperforming 66.98% of the companies in the same industry.
  • TNP has a Quick Ratio of 1.51. This is a normal value and indicates that TNP is financially healthy and should not expect problems in meeting its short term obligations.
  • TNP has a better Quick ratio (1.51) than 68.87% of its industry peers.
Industry RankSector Rank
Current Ratio 1.58
Quick Ratio 1.51
TNP Yearly Current Assets VS Current LiabilitesTNP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. TNP Growth Analysis

3.1 Past

  • TNP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.61%.
  • TNP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 109.69% yearly.
  • The Revenue for TNP has decreased by -14.60% in the past year. This is quite bad
  • 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
  • Based on estimates for the next years, TNP will show a small growth in Revenue. The Revenue will grow by 3.83% on average per year.
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

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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.
TNP Yearly Revenue VS EstimatesTNP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
TNP Yearly EPS VS EstimatesTNP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 -5 10

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9

4. TNP Valuation Analysis

4.1 Price/Earnings Ratio

  • TNP is valuated cheaply with a Price/Earnings ratio of 5.94.
  • 85.38% of the companies in the same industry are more expensive than TNP, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.66, TNP is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 2.77, the valuation of TNP can be described as very cheap.
  • 98.11% of the companies in the same industry are more expensive than TNP, based on the Price/Forward Earnings ratio.
  • TNP is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.00, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.94
Fwd PE 2.77
TNP Price Earnings VS Forward Price EarningsTNP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TNP indicates a rather cheap valuation: TNP is cheaper than 81.60% of the companies listed in the same industry.
  • 91.98% of the companies in the same industry are more expensive than TNP, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 3.73
EV/EBITDA 3.64
TNP Per share dataTNP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

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.
  • TNP's earnings are expected to grow with 26.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y29.92%
EPS Next 3Y26.91%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TNP Dividend Analysis

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 3.26.
  • TNP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 4.1%

5.2 History

  • The dividend of TNP decreases each year by -3.85%.
  • TNP has paid a dividend for at least 10 years, which is 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
TNP Yearly Dividends per shareTNP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6

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%
TNP Yearly Income VS Free CF VS DividendTNP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M -200M
TNP Dividend Payout.TNP Dividend Payout, showing the Payout Ratio.TNP Dividend Payout.PayoutRetained Earnings

More info and screens

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TNP Fundamentals: All Metrics, Ratios and Statistics

TSAKOS ENERGY NAVIGATION LTD

NYSE:TNP (6/28/2024, 8:04:00 PM)

After market: 29.28 0 (0%)

29.28

-0.16 (-0.54%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)06-24
Earnings (Next)09-05
Inst Owners21.77%
Inst Owner Change-2.1%
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 RankSector 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 RankSector 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 Number0 (-100%)
Profitability
Industry RankSector 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 RankSector 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 Fundamental Analysis 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.


Can you provide the profitability details for TSAKOS ENERGY NAVIGATION LTD?

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.


Is the dividend of TSAKOS ENERGY NAVIGATION LTD sustainable?

The dividend rating of TSAKOS ENERGY NAVIGATION LTD (TNP) is 6 / 10 and the dividend payout ratio is 23.19%.