BP Midstream Partners LP (BPMP)
Overall BPMP gets a fundamental rating of 3 out of 10. We evaluated BPMP against 214 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of BPMP have multiple concerns. While showing a medium growth rate, BPMP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year BPMP was profitable.
BPMP had positive earnings in each of the past 5 years.
BPMP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
| Industry Rank | Sector 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
1.3 Margins
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
The number of shares outstanding for BPMP remains at a similar level compared to 1 year ago.
Compared to 1 year ago, BPMP has about the same debt to assets ratio.
2.2 Solvency
BPMP has a Debt/Equity ratio of 3.79. This is a high value indicating a heavy dependency on external financing.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.79 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.59 | ||
| Quick Ratio | 8.59 |
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%.
BPMP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.61% yearly.
Looking at the last year, BPMP shows a decrease in Revenue. The Revenue has decreased by -6.98% in the last year.
BPMP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.09% yearly.
EPS 1Y (TTM)-9.62%
EPS 3Y3.55%
EPS 5Y28.61%
EPS growth Q2Q2.7%
Revenue 1Y (TTM)-6.98%
Revenue growth 3Y0.99%
Revenue growth 5Y3.09%
Revenue growth Q2Q5.15%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.13, which indicates a correct valuation of BPMP.
Compared to an average S&P500 Price/Earnings ratio of 27.73, BPMP is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.68, the valuation of BPMP can be described as very reasonable.
When comparing the Price/Forward Earnings ratio of BPMP to the average of the S&P500 Index (20.41), we can say BPMP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.13 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.33 |
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%
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 Rank | Sector 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
5.3 Sustainability
BPMP pays out 98.88% of its income as dividend. This is not a sustainable payout ratio.
BPMP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP98.88%
EPS Next 2Y9.52%
EPS Next 3Y8.85%
BP Midstream Partners LP
NYSE:BPMP (4/4/2022, 7:14:48 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)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.79B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.12% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.13 | ||
| Fwd PE | 10.68 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.89
PEG (5Y)0.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.59% | ||
| ROE | 123.26% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 60.22% | ||
| PM (TTM) | 126.86% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.79 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.59 | ||
| Quick Ratio | 8.59 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-9.62%
EPS 3Y3.55%
EPS 5Y
EPS growth Q2Q
EPS Next Y13.66%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.98%
Revenue growth 3Y0.99%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y