CHENIERE ENERGY PARTNERS LP (CQP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CQP - US16411Q1013
56.67 USD
+0.56 (+1%)
56.98 USD
+0.31 (+0.55%)
Overall CQP gets a fundamental rating of 5 out of 10. We evaluated CQP against 207 industry peers in the Oil, Gas & Consumable Fuels industry. CQP scores excellent on profitability, but there are concerns on its financial health. CQP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year CQP was profitable.
- CQP had a positive operating cash flow in the past year.
- Each year in the past 5 years CQP has been profitable.
- CQP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- CQP has a better Return On Assets (11.05%) than 91.79% of its industry peers.
- The Return On Invested Capital of CQP (15.91%) is better than 94.69% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CQP is below the industry average of 21.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | N/A | ||
| ROIC | 15.91% |
ROA(3y)12.81%
ROA(5y)10.3%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)18.68%
ROIC(5y)15.3%
1.3 Margins
- Looking at the Profit Margin, with a value of 18.04%, CQP is in the better half of the industry, outperforming 72.46% of the companies in the same industry.
- In the last couple of years the Profit Margin of CQP has grown nicely.
- CQP has a Operating Margin of 29.58%. This is in the better half of the industry: CQP outperforms 73.43% of its industry peers.
- In the last couple of years the Operating Margin of CQP has grown nicely.
- CQP has a Gross Margin (37.30%) which is in line with its industry peers.
- CQP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.58% | ||
| PM (TTM) | 18.04% | ||
| GM | 37.3% |
OM growth 3Y11.45%
OM growth 5Y5.45%
PM growth 3Y15.45%
PM growth 5Y8.25%
GM growth 3Y11.12%
GM growth 5Y4.13%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CQP is creating value.
- CQP has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for CQP remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, CQP has an improved debt to assets ratio.
2.2 Solvency
- CQP has a debt to FCF ratio of 5.83. This is a neutral value as CQP would need 5.83 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 5.83, CQP is doing good in the industry, outperforming 61.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | N/A |
ROIC/WACC1.96
WACC8.12%
2.3 Liquidity
- A Current Ratio of 0.66 indicates that CQP may have some problems paying its short term obligations.
- CQP has a worse Current ratio (0.66) than 74.40% of its industry peers.
- CQP has a Quick Ratio of 0.66. This is a bad value and indicates that CQP is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.57, CQP is doing worse than 75.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
- The earnings per share for CQP have decreased strongly by -17.28% in the last year.
- CQP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.56% yearly.
- The Revenue has grown by 15.43% in the past year. This is quite good.
- Measured over the past years, CQP shows a small growth in Revenue. The Revenue has been growing by 4.94% on average per year.
EPS 1Y (TTM)-17.28%
EPS 3Y12.44%
EPS 5Y13.56%
EPS Q2Q%-25.93%
Revenue 1Y (TTM)15.43%
Revenue growth 3Y-2.65%
Revenue growth 5Y4.94%
Sales Q2Q%16.98%
3.2 Future
- The Earnings Per Share is expected to grow by 0.36% on average over the next years.
- CQP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.21% yearly.
EPS Next Y-7.2%
EPS Next 2Y0.74%
EPS Next 3Y0.4%
EPS Next 5Y0.36%
Revenue Next Year26.81%
Revenue Next 2Y15.15%
Revenue Next 3Y10.7%
Revenue Next 5Y5.21%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 14.80, which indicates a correct valuation of CQP.
- CQP's Price/Earnings ratio is a bit cheaper when compared to the industry. CQP is cheaper than 60.87% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, CQP is valued a bit cheaper.
- A Price/Forward Earnings ratio of 13.14 indicates a correct valuation of CQP.
- CQP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CQP is cheaper than 64.73% of the companies in the same industry.
- CQP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.8 | ||
| Fwd PE | 13.14 |
4.2 Price Multiples
- CQP's Enterprise Value to EBITDA ratio is in line with the industry average.
- 76.33% of the companies in the same industry are more expensive than CQP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 11.19 |
4.3 Compensation for Growth
- CQP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.09
EPS Next 2Y0.74%
EPS Next 3Y0.4%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.64%, CQP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.73, CQP pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, CQP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
5.2 History
- The dividend of CQP is nicely growing with an annual growth rate of 12.15%!
- CQP has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)12.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- CQP pays out 109.95% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of CQP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP109.95%
EPS Next 2Y0.74%
EPS Next 3Y0.4%
CHENIERE ENERGY PARTNERS LP / CQP FAQ
What is the fundamental rating for CQP stock?
ChartMill assigns a fundamental rating of 5 / 10 to CQP.
What is the valuation status of CHENIERE ENERGY PARTNERS LP (CQP) stock?
ChartMill assigns a valuation rating of 5 / 10 to CHENIERE ENERGY PARTNERS LP (CQP). This can be considered as Fairly Valued.
What is the profitability of CQP stock?
CHENIERE ENERGY PARTNERS LP (CQP) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CHENIERE ENERGY PARTNERS LP (CQP) stock?
The Price/Earnings (PE) ratio for CHENIERE ENERGY PARTNERS LP (CQP) is 14.8 and the Price/Book (PB) ratio is -78.83.
Can you provide the financial health for CQP stock?
The financial health rating of CHENIERE ENERGY PARTNERS LP (CQP) is 3 / 10.