DYNAGAS LNG PARTNERS LP (DLNG) Stock Fundamental Analysis
NYSE:DLNG - New York Stock Exchange, Inc. - MHY2188B1083 - Currency: USD
Taking everything into account, DLNG scores 5 out of 10 in our fundamental rating. DLNG was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. While DLNG belongs to the best of the industry regarding profitability, there are concerns on its financial health. DLNG is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
DLNG had positive earnings in the past year.
DLNG had a positive operating cash flow in the past year.
In the past 5 years DLNG has always been profitable.
Each year in the past 5 years DLNG had a positive operating cash flow.
1.2 Ratios
DLNG's Return On Assets of 6.09% is fine compared to the rest of the industry. DLNG outperforms 65.26% of its industry peers.
Looking at the Return On Equity, with a value of 10.64%, DLNG is in the better half of the industry, outperforming 61.03% of the companies in the same industry.
The Return On Invested Capital of DLNG (8.01%) is better than 64.32% of its industry peers.
DLNG had an Average Return On Invested Capital over the past 3 years of 7.82%. This is significantly below the industry average of 25.73%.
The last Return On Invested Capital (8.01%) for DLNG is above the 3 year average (7.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.09% | ||
| ROE | 10.64% | ||
| ROIC | 8.01% |
ROA(3y)3.9%
ROA(5y)3.67%
ROE(3y)7.79%
ROE(5y)8.19%
ROIC(3y)7.82%
ROIC(5y)6.95%
1.3 Margins
With an excellent Profit Margin value of 32.99%, DLNG belongs to the best of the industry, outperforming 84.51% of the companies in the same industry.
DLNG's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 49.50%, DLNG belongs to the best of the industry, outperforming 91.08% of the companies in the same industry.
DLNG's Operating Margin has improved in the last couple of years.
DLNG has a better Gross Margin (75.65%) than 86.85% of its industry peers.
DLNG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 49.5% | ||
| PM (TTM) | 32.99% | ||
| GM | 75.65% |
OM growth 3Y1.81%
OM growth 5Y1.58%
PM growth 3Y-6.57%
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.16%
2. Health
2.1 Basic Checks
DLNG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
DLNG has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, DLNG has more shares outstanding
The debt/assets ratio for DLNG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of DLNG is 3.48, which is a good value as it means it would take DLNG, 3.48 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DLNG (3.48) is better than 75.12% of its industry peers.
A Debt/Equity ratio of 0.57 indicates that DLNG is somewhat dependend on debt financing.
DLNG has a Debt to Equity ratio of 0.57. This is comparable to the rest of the industry: DLNG outperforms 43.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | N/A |
ROIC/WACC1.12
WACC7.17%
2.3 Liquidity
A Current Ratio of 0.93 indicates that DLNG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.93, DLNG is doing worse than 61.03% of the companies in the same industry.
DLNG has a Quick Ratio of 0.93. This is a bad value and indicates that DLNG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of DLNG (0.92) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
DLNG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 116.67%, which is quite impressive.
DLNG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.37% yearly.
Looking at the last year, DLNG shows a decrease in Revenue. The Revenue has decreased by -2.54% in the last year.
DLNG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.62% yearly.
EPS 1Y (TTM)116.67%
EPS 3Y8.37%
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y4.33%
Revenue growth 5Y3.62%
Sales Q2Q%2.77%
3.2 Future
The Earnings Per Share is expected to grow by 5.79% on average over the next years.
Based on estimates for the next years, DLNG will show a decrease in Revenue. The Revenue will decrease by -0.30% on average per year.
EPS Next Y-1.64%
EPS Next 2Y2.78%
EPS Next 3Y5.79%
EPS Next 5YN/A
Revenue Next Year-2.32%
Revenue Next 2Y-0.99%
Revenue Next 3Y-0.3%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 3.15, the valuation of DLNG can be described as very cheap.
Based on the Price/Earnings ratio, DLNG is valued cheaply inside the industry as 97.18% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.25. DLNG is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 3.11, the valuation of DLNG can be described as very cheap.
Based on the Price/Forward Earnings ratio, DLNG is valued cheaper than 97.65% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, DLNG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.15 | ||
| Fwd PE | 3.11 |
4.2 Price Multiples
79.81% of the companies in the same industry are more expensive than DLNG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DLNG indicates a rather cheap valuation: DLNG is cheaper than 99.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.46 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
The decent profitability rating of DLNG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.78%
EPS Next 3Y5.79%
5. Dividend
5.1 Amount
DLNG has a Yearly Dividend Yield of 5.23%, which is a nice return.
Compared to an average industry Dividend Yield of 6.82, DLNG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, DLNG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.23% |
5.2 History
The dividend of DLNG decreases each year by -2.74%.
DLNG has been paying a dividend for over 5 years, so it has already some track record.
DLNG has decreased its dividend recently.
Dividend Growth(5Y)-2.74%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DLNG pays out 28.65% of its income as dividend. This is a sustainable payout ratio.
DP28.65%
EPS Next 2Y2.78%
EPS Next 3Y5.79%
3.68
-0.07 (-1.87%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners24.39%
Inst Owner Change19.72%
Ins Owners9.68%
Ins Owner ChangeN/A
Market Cap134.84M
Analysts85.71
Price Target5.1 (38.59%)
Short Float %0.32%
Short Ratio1.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.23% |
Yearly Dividend0.4
Dividend Growth(5Y)-2.74%
DP28.65%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.54%
Min EPS beat(2)5.04%
Max EPS beat(2)12.04%
EPS beat(4)2
Avg EPS beat(4)-3.42%
Min EPS beat(4)-18.3%
Max EPS beat(4)12.04%
EPS beat(8)2
Avg EPS beat(8)-31.14%
EPS beat(12)3
Avg EPS beat(12)-28.62%
EPS beat(16)6
Avg EPS beat(16)-19.83%
Revenue beat(2)1
Avg Revenue beat(2)3.23%
Min Revenue beat(2)-0.08%
Max Revenue beat(2)6.55%
Revenue beat(4)1
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)6.55%
Revenue beat(8)4
Avg Revenue beat(8)3.87%
Revenue beat(12)6
Avg Revenue beat(12)2.47%
Revenue beat(16)10
Avg Revenue beat(16)2.21%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.45%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-2.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.15 | ||
| Fwd PE | 3.11 | ||
| P/S | 0.86 | ||
| P/FCF | 1.46 | ||
| P/OCF | 1.46 | ||
| P/B | 0.28 | ||
| P/tB | 0.28 | ||
| EV/EBITDA | 3.54 |
EPS(TTM)1.17
EY31.79%
EPS(NY)1.18
Fwd EY32.15%
FCF(TTM)2.51
FCFY68.33%
OCF(TTM)2.52
OCFY68.35%
SpS4.27
BVpS13.23
TBVpS13.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.09% | ||
| ROE | 10.64% | ||
| ROCE | 10.14% | ||
| ROIC | 8.01% | ||
| ROICexc | 8.8% | ||
| ROICexgc | 8.8% | ||
| OM | 49.5% | ||
| PM (TTM) | 32.99% | ||
| GM | 75.65% | ||
| FCFM | 58.91% |
ROA(3y)3.9%
ROA(5y)3.67%
ROE(3y)7.79%
ROE(5y)8.19%
ROIC(3y)7.82%
ROIC(5y)6.95%
ROICexc(3y)8.9%
ROICexc(5y)7.69%
ROICexgc(3y)8.9%
ROICexgc(5y)7.69%
ROCE(3y)9.9%
ROCE(5y)8.8%
ROICexcg growth 3Y13.74%
ROICexcg growth 5Y11.05%
ROICexc growth 3Y13.74%
ROICexc growth 5Y11.05%
OM growth 3Y1.81%
OM growth 5Y1.58%
PM growth 3Y-6.57%
PM growth 5YN/A
GM growth 3Y-0.4%
GM growth 5Y-0.16%
F-Score7
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 3.48 | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 0.08% | ||
| Cap/Sales | 0.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.11% | ||
| Profit Quality | 178.58% | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | N/A |
F-Score7
WACC7.17%
ROIC/WACC1.12
Cap/Depr(3y)8.26%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.81%
Cap/Sales(5y)N/A
Profit Quality(3y)204.38%
Profit Quality(5y)221.92%
High Growth Momentum
Growth
EPS 1Y (TTM)116.67%
EPS 3Y8.37%
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y-1.64%
EPS Next 2Y2.78%
EPS Next 3Y5.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y4.33%
Revenue growth 5Y3.62%
Sales Q2Q%2.77%
Revenue Next Year-2.32%
Revenue Next 2Y-0.99%
Revenue Next 3Y-0.3%
Revenue Next 5YN/A
EBIT growth 1Y19.63%
EBIT growth 3Y6.21%
EBIT growth 5Y5.26%
EBIT Next Year36.65%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y53.16%
FCF growth 3Y5%
FCF growth 5Y16.37%
OCF growth 1Y43.12%
OCF growth 3Y5.01%
OCF growth 5Y16.37%