Gaslog Partners LP (GLOP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GLOP - MHY2687W1084
8.63 USD
-0.01 (-0.12%)
8 USD
-0.63 (-7.3%)
Overall GLOP gets a fundamental rating of 4 out of 10. We evaluated GLOP against 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of GLOP while its profitability can be described as average. GLOP has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
GLOP had positive earnings in the past year.
GLOP had a positive operating cash flow in the past year.
In multiple years GLOP reported negative net income over the last 5 years.
GLOP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 4.79%, GLOP is not doing good in the industry: 67.91% of the companies in the same industry are doing better.
GLOP's Return On Equity of 9.53% is on the low side compared to the rest of the industry. GLOP is outperformed by 70.23% of its industry peers.
GLOP has a worse Return On Invested Capital (9.57%) than 60.47% of its industry peers.
GLOP had an Average Return On Invested Capital over the past 3 years of 6.43%. This is significantly below the industry average of 21.09%.
The 3 year average ROIC (6.43%) for GLOP is below the current ROIC(9.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.79% | ||
| ROE | 9.53% | ||
| ROIC | 9.57% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.43%
ROIC(5y)6.63%
1.3 Margins
GLOP has a Profit Margin of 24.56%. This is comparable to the rest of the industry: GLOP outperforms 53.95% of its industry peers.
In the last couple of years the Profit Margin of GLOP has grown nicely.
With a decent Operating Margin value of 52.25%, GLOP is doing good in the industry, outperforming 77.21% of the companies in the same industry.
In the last couple of years the Operating Margin of GLOP has remained more or less at the same level.
The Gross Margin of GLOP (79.98%) is better than 81.86% of its industry peers.
GLOP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.25% | ||
| PM (TTM) | 24.56% | ||
| GM | 79.98% |
OM growth 3Y0.69%
OM growth 5Y-1.45%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y0.38%
GM growth 5Y-0.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GLOP is creating some value.
GLOP has more shares outstanding than it did 1 year ago.
The debt/assets ratio for GLOP has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of GLOP is 3.27, which is a good value as it means it would take GLOP, 3.27 years of fcf income to pay off all of its debts.
GLOP's Debt to FCF ratio of 3.27 is in line compared to the rest of the industry. GLOP outperforms 54.42% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that GLOP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.67, GLOP is doing worse than 64.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | N/A |
ROIC/WACC1.31
WACC7.3%
2.3 Liquidity
A Current Ratio of 0.99 indicates that GLOP may have some problems paying its short term obligations.
GLOP's Current ratio of 0.99 is on the low side compared to the rest of the industry. GLOP is outperformed by 64.65% of its industry peers.
A Quick Ratio of 0.98 indicates that GLOP may have some problems paying its short term obligations.
The Quick ratio of GLOP (0.98) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
GLOP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 81.54%, which is quite impressive.
Measured over the past years, GLOP shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.37% on average per year.
Looking at the last year, GLOP shows a quite strong growth in Revenue. The Revenue has grown by 18.53% in the last year.
Measured over the past years, GLOP shows a decrease in Revenue. The Revenue has been decreasing by -1.58% on average per year.
EPS 1Y (TTM)81.54%
EPS 3Y12.01%
EPS 5Y-0.37%
EPS Q2Q%51.22%
Revenue 1Y (TTM)18.53%
Revenue growth 3Y-0.68%
Revenue growth 5Y-1.58%
Sales Q2Q%15.93%
3.2 Future
GLOP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -19.08% yearly.
The Revenue is expected to decrease by -6.60% on average over the next years.
EPS Next Y1.74%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
EPS Next 5YN/A
Revenue Next Year-0.38%
Revenue Next 2Y-7.27%
Revenue Next 3Y-6.6%
Revenue Next 5YN/A
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.
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
GLOP is valuated cheaply with a Price/Earnings ratio of 3.66.
Based on the Price/Earnings ratio, GLOP is valued a bit cheaper than 79.07% of the companies in the same industry.
GLOP is valuated cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.70, which indicates a rather cheap valuation of GLOP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLOP indicates a somewhat cheap valuation: GLOP is cheaper than 68.84% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.04. GLOP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.66 | ||
| Fwd PE | 6.7 |
4.2 Price Multiples
63.72% of the companies in the same industry are more expensive than GLOP, based on the Enterprise Value to EBITDA ratio.
GLOP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GLOP is cheaper than 97.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.63 | ||
| EV/EBITDA | 3.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLOP does not grow enough to justify the current Price/Earnings ratio.
A cheap valuation may be justified as GLOP's earnings are expected to decrease with -19.08% in the coming years.
PEG (NY)2.1
PEG (5Y)N/A
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
5. Dividend
5.1 Amount
With a yearly dividend of 0.46%, GLOP is not a good candidate for dividend investing.
GLOP's Dividend Yield is slightly below the industry average, which is at 3.95.
With a Dividend Yield of 0.46, GLOP pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
The dividend of GLOP decreases each year by -25.08%.
GLOP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of GLOP decreased recently.
Dividend Growth(5Y)-25.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
29.80% of the earnings are spent on dividend by GLOP. This is a low number and sustainable payout ratio.
GLOP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP29.8%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
8.63
-0.01 (-0.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0.01%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap458.97M
Revenue(TTM)384.64M
Net Income(TTM)94.47M
Analysts47.5
Price Target8.91 (3.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.55
Dividend Growth(5Y)-25.08%
DP29.8%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.79%
Min EPS beat(2)0.3%
Max EPS beat(2)31.28%
EPS beat(4)4
Avg EPS beat(4)30.01%
Min EPS beat(4)0.3%
Max EPS beat(4)79.2%
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)2
Avg Revenue beat(2)8.18%
Min Revenue beat(2)6.93%
Max Revenue beat(2)9.43%
Revenue beat(4)4
Avg Revenue beat(4)9.45%
Min Revenue beat(4)1.73%
Max Revenue beat(4)19.73%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.4%
EPS NY rev (1m)0%
EPS NY rev (3m)1.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.66 | ||
| Fwd PE | 6.7 | ||
| P/S | 1.19 | ||
| P/FCF | 1.63 | ||
| P/OCF | 1.61 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 3.6 |
EPS(TTM)2.36
EY27.35%
EPS(NY)1.29
Fwd EY14.92%
FCF(TTM)5.29
FCFY61.31%
OCF(TTM)5.38
OCFY62.29%
SpS7.23
BVpS18.63
TBVpS18.63
PEG (NY)2.1
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.79% | ||
| ROE | 9.53% | ||
| ROCE | N/A | ||
| ROIC | 9.57% | ||
| ROICexc | 11.53% | ||
| ROICexgc | 11.53% | ||
| OM | 52.25% | ||
| PM (TTM) | 24.56% | ||
| GM | 79.98% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.43%
ROIC(5y)6.63%
ROICexc(3y)7.04%
ROICexc(5y)7.16%
ROICexgc(3y)7.04%
ROICexgc(5y)7.16%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y9.38%
ROICexgc growth 5Y3.14%
ROICexc growth 3Y9.38%
ROICexc growth 5Y3.14%
OM growth 3Y0.69%
OM growth 5Y-1.45%
PM growth 3YN/A
PM growth 5Y3.05%
GM growth 3Y0.38%
GM growth 5Y-0.27%
F-Score9
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 3.18 | ||
| Cap/Depr | 5.08% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 297.9% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | N/A |
F-Score9
WACC7.3%
ROIC/WACC1.31
Cap/Depr(3y)18.01%
Cap/Depr(5y)19.44%
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)81.54%
EPS 3Y12.01%
EPS 5Y-0.37%
EPS Q2Q%51.22%
EPS Next Y1.74%
EPS Next 2Y-22.61%
EPS Next 3Y-19.08%
EPS Next 5YN/A
Revenue 1Y (TTM)18.53%
Revenue growth 3Y-0.68%
Revenue growth 5Y-1.58%
Sales Q2Q%15.93%
Revenue Next Year-0.38%
Revenue Next 2Y-7.27%
Revenue Next 3Y-6.6%
Revenue Next 5YN/A
EBIT growth 1Y43.14%
EBIT growth 3Y0%
EBIT growth 5Y-3%
EBIT Next Year53.2%
EBIT Next 3Y8%
EBIT Next 5YN/A
FCF growth 1Y51.18%
FCF growth 3Y6.91%
FCF growth 5Y2.01%
OCF growth 1Y36.19%
OCF growth 3Y5.12%
OCF growth 5Y1.79%
Gaslog Partners LP / GLOP FAQ
What is the ChartMill fundamental rating of Gaslog Partners LP (GLOP) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GLOP.
Can you provide the valuation status for Gaslog Partners LP?
ChartMill assigns a valuation rating of 7 / 10 to Gaslog Partners LP (GLOP). This can be considered as Undervalued.
Can you provide the profitability details for Gaslog Partners LP?
Gaslog Partners LP (GLOP) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for GLOP stock?
The Earnings per Share (EPS) of Gaslog Partners LP (GLOP) is expected to grow by 1.74% in the next year.
Can you provide the dividend sustainability for GLOP stock?
The dividend rating of Gaslog Partners LP (GLOP) is 3 / 10 and the dividend payout ratio is 29.8%.