DELEK LOGISTICS PARTNERS LP (DKL) Stock Fundamental Analysis
USA - NYSE:DKL - US24664T1034
45.3 USD
+0.19 (+0.42%)
45.3 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to DKL. DKL was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of DKL while its profitability can be described as average. DKL has a decent growth rate and is not valued too expensively. DKL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year DKL was profitable.
In the past year DKL had a positive cash flow from operations.
Each year in the past 5 years DKL has been profitable.
DKL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DKL's Return On Assets of 5.54% is fine compared to the rest of the industry. DKL outperforms 65.88% of its industry peers.
The Return On Equity of DKL (476.97%) is better than 98.58% of its industry peers.
DKL's Return On Invested Capital of 5.68% is in line compared to the rest of the industry. DKL outperforms 50.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DKL is significantly below the industry average of 21.61%.
The 3 year average ROIC (10.52%) for DKL is well above the current ROIC(5.68%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.54% | ||
| ROE | 476.97% | ||
| ROIC | 5.68% |
ROA(3y)8.05%
ROA(5y)11.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.52%
ROIC(5y)12.96%
1.3 Margins
DKL has a Profit Margin of 16.58%. This is in the better half of the industry: DKL outperforms 69.19% of its industry peers.
In the last couple of years the Profit Margin of DKL has grown nicely.
DKL's Operating Margin of 18.06% is in line compared to the rest of the industry. DKL outperforms 52.13% of its industry peers.
In the last couple of years the Operating Margin of DKL has remained more or less at the same level.
DKL has a Gross Margin of 23.39%. This is in the lower half of the industry: DKL underperforms 63.98% of its industry peers.
In the last couple of years the Gross Margin of DKL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | 16.58% | ||
| GM | 23.39% |
OM growth 3Y-7.56%
OM growth 5Y-0.08%
PM growth 3Y-13.59%
PM growth 5Y6.82%
GM growth 3Y-5.79%
GM growth 5Y0%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DKL is still creating some value.
The number of shares outstanding for DKL has been increased compared to 1 year ago.
Compared to 5 years ago, DKL has more shares outstanding
Compared to 1 year ago, DKL has an improved debt to assets ratio.
2.2 Solvency
DKL has a Debt/Equity ratio of 69.13. This is a high value indicating a heavy dependency on external financing.
DKL has a worse Debt to Equity ratio (69.13) than 92.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 69.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.68
WACC8.35%
2.3 Liquidity
A Current Ratio of 0.93 indicates that DKL may have some problems paying its short term obligations.
DKL's Current ratio of 0.93 is on the low side compared to the rest of the industry. DKL is outperformed by 60.66% of its industry peers.
A Quick Ratio of 0.89 indicates that DKL may have some problems paying its short term obligations.
With a Quick ratio value of 0.89, DKL perfoms like the industry average, outperforming 47.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
DKL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.37%.
The Earnings Per Share has been growing slightly by 2.76% on average over the past years.
DKL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.08%.
The Revenue has been growing by 10.00% on average over the past years. This is quite good.
EPS 1Y (TTM)1.37%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%-4.6%
Revenue 1Y (TTM)-12.08%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%-6.91%
3.2 Future
DKL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.81% yearly.
DKL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.24% yearly.
EPS Next Y25.42%
EPS Next 2Y19.98%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue Next Year8.57%
Revenue Next 2Y1.93%
Revenue Next 3Y2.24%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 15.36, which indicates a correct valuation of DKL.
DKL's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.91, DKL is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.53 indicates a reasonable valuation of DKL.
Based on the Price/Forward Earnings ratio, DKL is valued a bit cheaper than the industry average as 69.19% of the companies are valued more expensively.
DKL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.36 | ||
| Fwd PE | 10.53 |
4.2 Price Multiples
DKL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. DKL is more expensive than 68.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.29 |
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.
DKL has a very decent profitability rating, which may justify a higher PE ratio.
DKL's earnings are expected to grow with 16.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)5.57
EPS Next 2Y19.98%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
DKL has a Yearly Dividend Yield of 9.89%, which is a nice return.
DKL's Dividend Yield is rather good when compared to the industry average which is at 6.16. DKL pays more dividend than 89.57% of the companies in the same industry.
DKL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
5.2 History
The dividend of DKL has a limited annual growth rate of 5.08%.
DKL has paid a dividend for at least 10 years, which is a reliable track record.
DKL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.08%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
DKL pays out 148.44% of its income as dividend. This is not a sustainable payout ratio.
The dividend of DKL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP148.44%
EPS Next 2Y19.98%
EPS Next 3Y16.81%
45.3
+0.19 (+0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.42%
Inst Owner Change0.07%
Ins Owners0.84%
Ins Owner Change0.02%
Market Cap2.42B
Revenue(TTM)920.21M
Net Income(TTM)152.59M
Analysts75
Price Target44.63 (-1.48%)
Short Float %2.57%
Short Ratio8.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
Yearly Dividend4.3
Dividend Growth(5Y)5.08%
DP148.44%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.65%
Min EPS beat(2)-12.64%
Max EPS beat(2)-10.66%
EPS beat(4)0
Avg EPS beat(4)-10.2%
Min EPS beat(4)-16.08%
Max EPS beat(4)-1.42%
EPS beat(8)2
Avg EPS beat(8)-10.99%
EPS beat(12)2
Avg EPS beat(12)-12%
EPS beat(16)2
Avg EPS beat(16)-11.68%
Revenue beat(2)1
Avg Revenue beat(2)-4.53%
Min Revenue beat(2)-15.31%
Max Revenue beat(2)6.26%
Revenue beat(4)1
Avg Revenue beat(4)-10.56%
Min Revenue beat(4)-19.73%
Max Revenue beat(4)6.26%
Revenue beat(8)3
Avg Revenue beat(8)-6.18%
Revenue beat(12)3
Avg Revenue beat(12)-7.58%
Revenue beat(16)7
Avg Revenue beat(16)-0.86%
PT rev (1m)0%
PT rev (3m)1.16%
EPS NQ rev (1m)-1.37%
EPS NQ rev (3m)3.72%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)-0.96%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)-4.95%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-4.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.36 | ||
| Fwd PE | 10.53 | ||
| P/S | 2.63 | ||
| P/FCF | N/A | ||
| P/OCF | 11.33 | ||
| P/B | 75.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.29 |
EPS(TTM)2.95
EY6.51%
EPS(NY)4.3
Fwd EY9.5%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)4
OCFY8.83%
SpS17.21
BVpS0.6
TBVpS-6.7
PEG (NY)0.6
PEG (5Y)5.57
Graham Number6.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.54% | ||
| ROE | 476.97% | ||
| ROCE | 7.19% | ||
| ROIC | 5.68% | ||
| ROICexc | 5.69% | ||
| ROICexgc | 6.84% | ||
| OM | 18.06% | ||
| PM (TTM) | 16.58% | ||
| GM | 23.39% | ||
| FCFM | N/A |
ROA(3y)8.05%
ROA(5y)11.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.52%
ROIC(5y)12.96%
ROICexc(3y)10.55%
ROICexc(5y)13.01%
ROICexgc(3y)13.49%
ROICexgc(5y)16.38%
ROCE(3y)13.31%
ROCE(5y)16.4%
ROICexgc growth 3Y-24.63%
ROICexgc growth 5Y-11.47%
ROICexc growth 3Y-23.14%
ROICexc growth 5Y-10.33%
OM growth 3Y-7.56%
OM growth 5Y-0.08%
PM growth 3Y-13.59%
PM growth 5Y6.82%
GM growth 3Y-5.79%
GM growth 5Y0%
F-Score4
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 69.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.27 | ||
| Cap/Depr | 278.1% | ||
| Cap/Sales | 30.55% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 79.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | N/A |
F-Score4
WACC8.35%
ROIC/WACC0.68
Cap/Depr(3y)146.92%
Cap/Depr(5y)103.95%
Cap/Sales(3y)12.67%
Cap/Sales(5y)8.76%
Profit Quality(3y)59.95%
Profit Quality(5y)92.03%
High Growth Momentum
Growth
EPS 1Y (TTM)1.37%
EPS 3Y-7.6%
EPS 5Y2.76%
EPS Q2Q%-4.6%
EPS Next Y25.42%
EPS Next 2Y19.98%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.08%
Revenue growth 3Y10.3%
Revenue growth 5Y10%
Sales Q2Q%-6.91%
Revenue Next Year8.57%
Revenue Next 2Y1.93%
Revenue Next 3Y2.24%
Revenue Next 5YN/A
EBIT growth 1Y-36.28%
EBIT growth 3Y1.97%
EBIT growth 5Y9.92%
EBIT Next Year107.52%
EBIT Next 3Y33.05%
EBIT Next 5YN/A
FCF growth 1Y-62.97%
FCF growth 3Y-33.3%
FCF growth 5Y-9.28%
OCF growth 1Y73.97%
OCF growth 3Y-9.15%
OCF growth 5Y9.61%
DELEK LOGISTICS PARTNERS LP / DKL FAQ
What is the ChartMill fundamental rating of DELEK LOGISTICS PARTNERS LP (DKL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DKL.
Can you provide the valuation status for DELEK LOGISTICS PARTNERS LP?
ChartMill assigns a valuation rating of 5 / 10 to DELEK LOGISTICS PARTNERS LP (DKL). This can be considered as Fairly Valued.
What is the profitability of DKL stock?
DELEK LOGISTICS PARTNERS LP (DKL) has a profitability rating of 6 / 10.
What is the expected EPS growth for DELEK LOGISTICS PARTNERS LP (DKL) stock?
The Earnings per Share (EPS) of DELEK LOGISTICS PARTNERS LP (DKL) is expected to grow by 25.42% in the next year.
How sustainable is the dividend of DELEK LOGISTICS PARTNERS LP (DKL) stock?
The dividend rating of DELEK LOGISTICS PARTNERS LP (DKL) is 8 / 10 and the dividend payout ratio is 148.44%.