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BP Midstream Partners LP (BPMP) Stock Fundamental Analysis

USA - NYSE:BPMP -

17.11
0 (0%)
Last: 4/4/2022, 8:14:48 PM
17.15
+0.04 (+0.23%)
After Hours: 4/4/2022, 8:14:48 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to BPMP. BPMP was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. BPMP may be in some trouble as it scores bad on both profitability and health. BPMP is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year BPMP was profitable.
BPMP Yearly Net Income VS EBIT VS OCF VS FCFBPMP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 50M 100M 150M

1.2 Ratios

Industry RankSector Rank
ROA 20.59%
ROE 123.26%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BPMP Yearly ROA, ROE, ROICBPMP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 50 100 150

1.3 Margins

Industry RankSector Rank
OM 60.22%
PM (TTM) 126.86%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
BPMP Yearly Profit, Operating, Gross MarginsBPMP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 20 40 60 80 100

2

2. Health

2.1 Basic Checks

Compared to 1 year ago, BPMP has about the same amount of shares outstanding.
BPMP has about the same debt/assets ratio as last year.
BPMP Yearly Shares OutstandingBPMP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 20M 40M 60M 80M 100M
BPMP Yearly Total Debt VS Total AssetsBPMP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 200M 400M 600M

2.2 Solvency

A Debt/Equity ratio of 3.79 is on the high side and indicates that BPMP has dependencies on debt financing.
Industry RankSector Rank
Debt/Equity 3.79
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
BPMP Yearly LT Debt VS Equity VS FCFBPMP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 100M 200M 300M 400M

2.3 Liquidity

A Current Ratio of 8.59 indicates that BPMP has no problem at all paying its short term obligations.
BPMP has a Quick Ratio of 8.59. This indicates that BPMP is financially healthy and has no problem in meeting its short term obligations.
Industry RankSector Rank
Current Ratio 8.59
Quick Ratio 8.59
BPMP Yearly Current Assets VS Current LiabilitesBPMP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 50M 100M

4

3. Growth

3.1 Past

BPMP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.62%.
The Earnings Per Share has been growing by 28.61% on average over the past years. This is a very strong growth
The Revenue has decreased by -6.98% in the past year.
Measured over the past years, BPMP shows a small growth in Revenue. The Revenue has been growing by 3.09% on average per year.
EPS 1Y (TTM)-9.62%
EPS 3Y3.55%
EPS 5Y28.61%
EPS Q2Q%2.7%
Revenue 1Y (TTM)-6.98%
Revenue growth 3Y0.99%
Revenue growth 5Y3.09%
Sales Q2Q%5.15%

3.2 Future

BPMP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.06% yearly.
Based on estimates for the next years, BPMP will show a small growth in Revenue. The Revenue will grow by 5.31% on average per year.
EPS Next Y13.66%
EPS Next 2Y9.52%
EPS Next 3Y8.85%
EPS Next 5Y9.06%
Revenue Next Year10.2%
Revenue Next 2Y5.78%
Revenue Next 3Y5.12%
Revenue Next 5Y5.31%

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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
BPMP Yearly Revenue VS EstimatesBPMP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
BPMP Yearly EPS VS EstimatesBPMP Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 12.13, BPMP is valued correctly.
BPMP is valuated cheaply when we compare the Price/Earnings ratio to 27.76, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.68, the valuation of BPMP can be described as reasonable.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.18, BPMP is valued rather cheaply.
Industry RankSector Rank
PE 12.13
Fwd PE 10.68
BPMP Price Earnings VS Forward Price EarningsBPMP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 28.33
BPMP Per share dataBPMP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5

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.
PEG (NY)0.89
PEG (5Y)0.42
EPS Next 2Y9.52%
EPS Next 3Y8.85%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 8.12%, BPMP is a good candidate for dividend investing.
Compared to an average S&P500 Dividend Yield of 2.41, BPMP pays a better dividend.
Industry RankSector Rank
Dividend Yield 8.12%

5.2 History

On average, the dividend of BPMP grows each year by 11.19%, which is quite nice.
BPMP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)11.19%
Div Incr YearsN/A
Div Non Decr YearsN/A
BPMP Yearly Dividends per shareBPMP Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 0.2 0.4 0.6 0.8 1

5.3 Sustainability

BPMP pays out 98.88% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BPMP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP98.88%
EPS Next 2Y9.52%
EPS Next 3Y8.85%
BPMP Yearly Income VS Free CF VS DividendBPMP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 50M 100M 150M
BPMP Dividend Payout.BPMP Dividend Payout, showing the Payout Ratio.BPMP Dividend Payout.PayoutRetained Earnings

BP Midstream Partners LP

NYSE:BPMP (4/4/2022, 8:14:48 PM)

After market: 17.15 +0.04 (+0.23%)

17.11

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-11 2022-03-11/bmo
Earnings (Next)N/A N/A
Inst Owners0.28%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner Change0%
Market Cap1.79B
Analysts45.45
Price Target15.1 (-11.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.12%
Yearly Dividend1.39
Dividend Growth(5Y)11.19%
DP98.88%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 12.13
Fwd PE 10.68
P/S 14.96
P/FCF N/A
P/OCF N/A
P/B 14.53
P/tB N/A
EV/EBITDA 28.33
EPS(TTM)1.41
EY8.24%
EPS(NY)1.6
Fwd EY9.37%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.14
BVpS1.18
TBVpSN/A
PEG (NY)0.89
PEG (5Y)0.42
Profitability
Industry RankSector Rank
ROA 20.59%
ROE 123.26%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM 60.22%
PM (TTM) 126.86%
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3Y0%
ROICexcg growth 5Y0%
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 3.79
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 8.59
Quick Ratio 8.59
Altman-Z N/A
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.62%
EPS 3Y3.55%
EPS 5Y28.61%
EPS Q2Q%2.7%
EPS Next Y13.66%
EPS Next 2Y9.52%
EPS Next 3Y8.85%
EPS Next 5Y9.06%
Revenue 1Y (TTM)-6.98%
Revenue growth 3Y0.99%
Revenue growth 5Y3.09%
Sales Q2Q%5.15%
Revenue Next Year10.2%
Revenue Next 2Y5.78%
Revenue Next 3Y5.12%
Revenue Next 5Y5.31%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A