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 213 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 cheap, but on the other hand it scores bad on growth. This makes INSW very considerable for value investing!
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.
Of the past 5 years INSW 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of INSW (12.65%) is better than 88.26% of its industry peers.
INSW has a Return On Equity of 17.21%. This is in the better half of the industry: INSW outperforms 75.12% of its industry peers.
With a decent Return On Invested Capital value of 10.35%, INSW is doing good in the industry, outperforming 75.12% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for INSW is significantly below the industry average of 25.88%.
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
INSW has a better Profit Margin (37.38%) than 90.14% of its industry peers.
INSW's Operating Margin of 36.89% is amongst the best of the industry. INSW outperforms 80.75% of its industry peers.
INSW's Operating Margin has improved in the last couple of years.
INSW's Gross Margin of 63.14% is fine compared to the rest of the industry. INSW outperforms 69.01% of its industry peers.
In the last couple of years the Gross Margin of INSW has grown nicely.
| 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.
INSW has more shares outstanding than it did 1 year ago.
INSW has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, INSW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.73 indicates that INSW is not a great score, but indicates only limited risk for bankruptcy at the moment.
INSW has a better Altman-Z score (2.73) than 80.28% of its industry peers.
The Debt to FCF ratio of INSW is 4.79, which is a neutral value as it means it would take INSW, 4.79 years of fcf income to pay off all of its debts.
INSW has a better Debt to FCF ratio (4.79) than 68.54% 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's Debt to Equity ratio of 0.29 is fine compared to the rest of the industry. INSW outperforms 63.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.79 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.02
WACC10.16%
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 81.69% 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.
INSW's Quick ratio of 2.75 is amongst the best of the industry. INSW outperforms 83.57% of its industry peers.
| 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 -45.03%.
INSW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 68.58% yearly.
INSW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.74%.
The Revenue has been growing by 21.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-45.03%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-72.6%
Revenue 1Y (TTM)-18.74%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-33.17%
3.2 Future
INSW is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.79% yearly.
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-39.94%
EPS Next 2Y-17.6%
EPS Next 3Y-0.79%
EPS Next 5YN/A
Revenue Next Year-16.74%
Revenue Next 2Y-7.55%
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 cheaply with a Price/Earnings ratio of 6.65.
INSW's Price/Earnings ratio is rather cheap when compared to the industry. INSW is cheaper than 80.75% of the companies in the same industry.
When comparing the Price/Earnings ratio of INSW to the average of the S&P500 Index (26.03), we can say INSW is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.12, the valuation of INSW can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INSW indicates a rather cheap valuation: INSW is cheaper than 82.16% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.94, INSW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.65 | ||
| Fwd PE | 7.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INSW is valued a bit cheaper than the industry average as 70.42% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, INSW is valued a bit cheaper than 63.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.84 | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.1
EPS Next 2Y-17.6%
EPS Next 3Y-0.79%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.25%. Purely for dividend investing, there may be better candidates out there.
INSW's Dividend Yield is slightly below the industry average, which is at 7.03.
With a Dividend Yield of 1.25, INSW pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
5.2 History
INSW has been paying a dividend for over 5 years, so it has already some track record.
INSW has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
79.04% of the earnings are spent on dividend by INSW. This is not a sustainable payout ratio.
DP79.04%
EPS Next 2Y-17.6%
EPS Next 3Y-0.79%
37.49
-0.71 (-1.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners76.03%
Inst Owner Change-1.39%
Ins Owners1.35%
Ins Owner Change2.98%
Market Cap1.84B
Analysts84
Price Target59.67 (59.16%)
Short Float %6.34%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP79.04%
Div Incr Years3
Div Non Decr Years3
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)-4.29%
PT rev (3m)-7.14%
EPS NQ rev (1m)-7%
EPS NQ rev (3m)-22.74%
EPS NY rev (1m)-13.59%
EPS NY rev (3m)-25.66%
Revenue NQ rev (1m)1.94%
Revenue NQ rev (3m)-1.39%
Revenue NY rev (1m)-6.25%
Revenue NY rev (3m)-12.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.65 | ||
| Fwd PE | 7.12 | ||
| P/S | 2.14 | ||
| P/FCF | 14.84 | ||
| P/OCF | 4 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 4.95 |
EPS(TTM)5.64
EY15.04%
EPS(NY)5.27
Fwd EY14.05%
FCF(TTM)2.53
FCFY6.74%
OCF(TTM)9.36
OCFY24.98%
SpS17.5
BVpS37.99
TBVpS37.99
PEG (NY)N/A
PEG (5Y)0.1
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 | 2.73 |
F-Score5
WACC10.16%
ROIC/WACC1.02
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)-45.03%
EPS 3YN/A
EPS 5Y68.58%
EPS Q2Q%-72.6%
EPS Next Y-39.94%
EPS Next 2Y-17.6%
EPS Next 3Y-0.79%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.74%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-33.17%
Revenue Next Year-16.74%
Revenue Next 2Y-7.55%
Revenue Next 3Y-1.67%
Revenue Next 5YN/A
EBIT growth 1Y-43.25%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year1.85%
EBIT Next 3Y7.68%
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%