INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
NYSE:INSW - New York Stock Exchange, Inc. - MHY410531021 - Common Stock - Currency: USD
Taking everything into account, INSW scores 6 out of 10 in our fundamental rating. INSW was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. INSW scores excellent points on both the profitability and health parts. This is a solid base for a good stock. INSW is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year INSW was profitable.
INSW had a positive operating cash flow in the past year.
In multiple years INSW reported negative net income over the last 5 years.
INSW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
INSW's Return On Assets of 12.65% is amongst the best of the industry. INSW outperforms 90.43% of its industry peers.
INSW's Return On Equity of 17.21% is fine compared to the rest of the industry. INSW outperforms 76.08% of its industry peers.
With a decent Return On Invested Capital value of 10.35%, INSW is doing good in the industry, outperforming 79.90% of the companies in the same industry.
INSW had an Average Return On Invested Capital over the past 3 years of 15.75%. This is significantly below the industry average of 23.54%.
The last Return On Invested Capital (10.35%) for INSW is well below the 3 year average (15.75%), which needs to be investigated, but indicates that INSW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 17.21% | ||
| ROIC | 10.35% |
ROA(3y)17.56%
ROA(5y)9.33%
ROE(3y)26.97%
ROE(5y)13.79%
ROIC(3y)15.75%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of INSW (37.38%) is better than 89.47% of its industry peers.
The Operating Margin of INSW (36.89%) is better than 82.30% of its industry peers.
In the last couple of years the Operating Margin of INSW has grown nicely.
The Gross Margin of INSW (63.14%) is better than 71.77% of its industry peers.
INSW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.89% | ||
| PM (TTM) | 37.38% | ||
| GM | 63.14% |
OM growth 3YN/A
OM growth 5Y24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y46.39%
GM growth 5Y5.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INSW is still creating some value.
The number of shares outstanding for INSW has been increased compared to 1 year ago.
The number of shares outstanding for INSW has been increased compared to 5 years ago.
Compared to 1 year ago, INSW has an improved debt to assets ratio.
2.2 Solvency
INSW has an Altman-Z score of 2.93. This is not the best score and indicates that INSW is in the grey zone with still only limited risk for bankruptcy at the moment.
INSW's Altman-Z score of 2.93 is amongst the best of the industry. INSW outperforms 81.82% of its industry peers.
INSW has a debt to FCF ratio of 4.79. This is a neutral value as INSW would need 4.79 years to pay back of all of its debts.
INSW has a Debt to FCF ratio of 4.79. This is in the better half of the industry: INSW outperforms 64.11% of its industry peers.
INSW has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
INSW has a better Debt to Equity ratio (0.29) than 64.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.79 | ||
| Altman-Z | 2.93 |
ROIC/WACC1.17
WACC8.87%
2.3 Liquidity
A Current Ratio of 2.76 indicates that INSW has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.76, INSW belongs to the best of the industry, outperforming 82.30% of the companies in the same industry.
A Quick Ratio of 2.75 indicates that INSW has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.75, INSW belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.75 |
3. Growth
3.1 Past
INSW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -54.89%.
Measured over the past years, INSW shows a very strong growth in Earnings Per Share. The EPS has been growing by 68.58% on average per year.
Looking at the last year, INSW shows a very negative growth in Revenue. The Revenue has decreased by -11.21% in the last year.
Measured over the past years, INSW shows a very strong growth in Revenue. The Revenue has been growing by 21.05% on average per year.
EPS 1Y (TTM)-54.89%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-56.96%
Revenue 1Y (TTM)-11.21%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
3.2 Future
The Earnings Per Share is expected to decrease by -0.81% on average over the next years.
Based on estimates for the next years, INSW will show a decrease in Revenue. The Revenue will decrease by -1.67% on average per year.
EPS Next Y-38.72%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
EPS Next 5YN/A
Revenue Next Year-16.01%
Revenue Next 2Y-7.49%
Revenue Next 3Y-1.67%
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
INSW is valuated reasonably with a Price/Earnings ratio of 9.67.
Based on the Price/Earnings ratio, INSW is valued a bit cheaper than the industry average as 74.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of INSW to the average of the S&P500 Index (26.85), we can say INSW is valued rather cheaply.
INSW is valuated cheaply with a Price/Forward Earnings ratio of 7.87.
74.16% of the companies in the same industry are more expensive than INSW, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, INSW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 7.87 |
4.2 Price Multiples
INSW's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. INSW is cheaper than 69.38% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of INSW is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.48 | ||
| EV/EBITDA | 5.43 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.16%, INSW has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.28, INSW is paying slightly less dividend.
With a Dividend Yield of 1.16, INSW pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
INSW has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
INSW pays out 79.04% of its income as dividend. This is not a sustainable payout ratio.
DP79.04%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
41.5
-1.18 (-2.76%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners74.98%
Inst Owner Change2.57%
Ins Owners1.6%
Ins Owner Change3.49%
Market Cap2.05B
Analysts85.33
Price Target53.35 (28.55%)
Short Float %6.71%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP79.04%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.83%
Min EPS beat(2)1.37%
Max EPS beat(2)26.3%
EPS beat(4)2
Avg EPS beat(4)3.35%
Min EPS beat(4)-7.52%
Max EPS beat(4)26.3%
EPS beat(8)6
Avg EPS beat(8)8.82%
EPS beat(12)9
Avg EPS beat(12)8.8%
EPS beat(16)12
Avg EPS beat(16)4.27%
Revenue beat(2)2
Avg Revenue beat(2)2.77%
Min Revenue beat(2)2.49%
Max Revenue beat(2)3.05%
Revenue beat(4)3
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)3.05%
Revenue beat(8)7
Avg Revenue beat(8)4.72%
Revenue beat(12)10
Avg Revenue beat(12)4.21%
Revenue beat(16)12
Avg Revenue beat(16)2.88%
PT rev (1m)-9.83%
PT rev (3m)-10.6%
EPS NQ rev (1m)-11.47%
EPS NQ rev (3m)-0.29%
EPS NY rev (1m)0%
EPS NY rev (3m)2.03%
Revenue NQ rev (1m)-1.07%
Revenue NQ rev (3m)-0.56%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 7.87 | ||
| P/S | 2.38 | ||
| P/FCF | 16.48 | ||
| P/OCF | 4.45 | ||
| P/B | 1.1 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 5.43 |
EPS(TTM)4.29
EY10.34%
EPS(NY)5.27
Fwd EY12.71%
FCF(TTM)2.52
FCFY6.07%
OCF(TTM)9.34
OCFY22.5%
SpS17.44
BVpS37.88
TBVpS37.88
PEG (NY)N/A
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.65% | ||
| ROE | 17.21% | ||
| ROCE | 13.1% | ||
| ROIC | 10.35% | ||
| ROICexc | 10.95% | ||
| ROICexgc | 10.95% | ||
| OM | 36.89% | ||
| PM (TTM) | 37.38% | ||
| GM | 63.14% | ||
| FCFM | 14.44% |
ROA(3y)17.56%
ROA(5y)9.33%
ROE(3y)26.97%
ROE(5y)13.79%
ROIC(3y)15.75%
ROIC(5y)N/A
ROICexc(3y)17.37%
ROICexc(5y)N/A
ROICexgc(3y)17.37%
ROICexgc(5y)N/A
ROCE(3y)19.93%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y38.12%
ROICexc growth 3YN/A
ROICexc growth 5Y38.12%
OM growth 3YN/A
OM growth 5Y24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y46.39%
GM growth 5Y5.85%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.79 | ||
| Debt/EBITDA | 1.15 | ||
| Cap/Depr | 217.05% | ||
| Cap/Sales | 39.09% | ||
| Interest Coverage | 7.46 | ||
| Cash Conversion | 97.49% | ||
| Profit Quality | 38.62% | ||
| Current Ratio | 2.76 | ||
| Quick Ratio | 2.75 | ||
| Altman-Z | 2.93 |
F-Score5
WACC8.87%
ROIC/WACC1.17
Cap/Depr(3y)150.85%
Cap/Depr(5y)121.87%
Cap/Sales(3y)20.74%
Cap/Sales(5y)20.64%
Profit Quality(3y)64.95%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-54.89%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-56.96%
EPS Next Y-38.72%
EPS Next 2Y-17.55%
EPS Next 3Y-0.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.21%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
Revenue Next Year-16.01%
Revenue Next 2Y-7.49%
Revenue Next 3Y-1.67%
Revenue Next 5YN/A
EBIT growth 1Y-43.25%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-4.7%
EBIT Next 3Y10.58%
EBIT Next 5YN/A
FCF growth 1Y-67.55%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-12.82%
OCF growth 3YN/A
OCF growth 5Y44.28%