Gaslog Partners LP (GLOP) Stock Fundamental Analysis
USA - NYSE:GLOP - MHY2687W1084
8.63 USD
-0.01 (-0.12%)
8 USD
-0.63 (-7.3%)
We assign a fundamental rating of 4 out of 10 to GLOP. GLOP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While GLOP is still in line with the averages on profitability rating, there are concerns on its financial health. GLOP is valued correctly, 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.
In the past 5 years GLOP always reported a positive cash flow from operatings.
1.2 Ratios
GLOP has a Return On Assets of 4.79%. This is in the lower half of the industry: GLOP underperforms 67.91% of its industry peers.
With a Return On Equity value of 9.53%, GLOP is not doing good in the industry: 70.23% of the companies in the same industry are doing better.
GLOP has a worse Return On Invested Capital (9.57%) than 60.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GLOP is significantly below the industry average of 21.93%.
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 (24.56%) which is comparable to the rest of the industry.
GLOP's Profit Margin has improved in the last couple of years.
The Operating Margin of GLOP (52.25%) is better than 77.21% of its industry peers.
GLOP's Operating Margin has been stable in the last couple of years.
GLOP's Gross Margin of 79.98% is amongst the best of the industry. GLOP outperforms 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GLOP is still creating some value.
Compared to 1 year ago, GLOP has more shares outstanding
GLOP has a better debt/assets ratio than last year.
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.
GLOP has a worse Debt to Equity ratio (0.67) than 64.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | N/A |
ROIC/WACC1.31
WACC7.3%
2.3 Liquidity
GLOP has a Current Ratio of 0.99. This is a bad value and indicates that GLOP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of GLOP (0.99) is worse than 64.65% of its industry peers.
A Quick Ratio of 0.98 indicates that GLOP may have some problems paying its short term obligations.
GLOP has a Quick ratio (0.98) which 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
The Earnings Per Share has grown by an impressive 81.54% over the past year.
The Earnings Per Share has been decreasing by -0.37% on average over the past years.
The Revenue has grown by 18.53% in the past year. This is quite good.
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.
Based on estimates for the next years, GLOP will show a decrease in Revenue. The Revenue will decrease by -6.60% on average per year.
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
A Price/Earnings ratio of 3.66 indicates a rather cheap valuation of GLOP.
GLOP's Price/Earnings ratio is a bit cheaper when compared to the industry. GLOP is cheaper than 79.07% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, GLOP is valued rather cheaply.
The Price/Forward Earnings ratio is 6.70, which indicates a rather cheap valuation of GLOP.
68.84% of the companies in the same industry are more expensive than GLOP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, GLOP is valued rather cheaply.
| 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.
97.21% of the companies in the same industry are more expensive than GLOP, based on the Price/Free Cash Flow ratio.
| 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
GLOP has a yearly dividend return of 0.46%, which is pretty low.
Compared to an average industry Dividend Yield of 6.83, GLOP is paying slightly less dividend.
With a Dividend Yield of 0.46, GLOP pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
The dividend of GLOP decreases each year by -25.08%.
GLOP has paid a dividend for at least 10 years, which is 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.
The Dividend Rate of GLOP has been decling, while earnings will also be 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%.