INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
USA - NYSE:INSW - MHY410531021 - Common Stock
47.22 USD
-0.18 (-0.38%)
46.5 USD
-0.72 (-1.52%)
INSW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. INSW scores excellent on profitability, but there are some minor concerns on its financial health. INSW has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year INSW was profitable.
INSW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: INSW reported negative net income in multiple years.
Of the past 5 years INSW 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.46%, INSW belongs to the top of the industry, outperforming 85.31% of the companies in the same industry.
With a decent Return On Equity value of 12.56%, INSW is doing good in the industry, outperforming 67.77% of the companies in the same industry.
INSW's Return On Invested Capital of 9.04% is fine compared to the rest of the industry. INSW outperforms 76.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for INSW is significantly below the industry average of 21.71%.
The last Return On Invested Capital (9.04%) 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 | 9.46% | ||
| ROE | 12.56% | ||
| ROIC | 9.04% |
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 Profit Margin of 29.87%. This is amongst the best in the industry. INSW outperforms 87.20% of its industry peers.
INSW's Operating Margin of 31.11% is fine compared to the rest of the industry. INSW outperforms 74.88% of its industry peers.
In the last couple of years the Operating Margin of INSW has grown nicely.
INSW has a better Gross Margin (60.11%) than 68.72% of its industry peers.
INSW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.11% | ||
| PM (TTM) | 29.87% | ||
| GM | 60.11% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), INSW is creating value.
INSW has more shares outstanding than it did 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 3.10. This indicates that INSW is financially healthy and has little risk of bankruptcy at the moment.
INSW's Altman-Z score of 3.10 is amongst the best of the industry. INSW outperforms 81.99% of its industry peers.
INSW has a debt to FCF ratio of 2.73. This is a good value and a sign of high solvency as INSW would need 2.73 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.73, INSW is doing good in the industry, outperforming 78.67% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that INSW is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.14, INSW is doing good in the industry, outperforming 72.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Altman-Z | 3.1 |
ROIC/WACC1.06
WACC8.49%
2.3 Liquidity
A Current Ratio of 0.95 indicates that INSW may have some problems paying its short term obligations.
INSW has a Current ratio (0.95) which is comparable to the rest of the industry.
INSW has a Quick Ratio of 0.95. This is a bad value and indicates that INSW is not financially healthy enough and could expect problems in meeting its short term obligations.
INSW has a Quick ratio of 0.95. This is comparable to the rest of the industry: INSW outperforms 51.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for INSW have decreased strongly by -54.89% in the last year.
The Earnings Per Share has been growing by 68.58% on average over the past years. This is a very strong growth
Looking at the last year, INSW shows a very negative growth in Revenue. The Revenue has decreased by -22.01% 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)-22.01%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
3.2 Future
The Earnings Per Share is expected to decrease by -5.25% on average over the next years.
INSW is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.36% yearly.
EPS Next Y-42.29%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue Next Year-17.5%
Revenue Next 2Y-7.15%
Revenue Next 3Y-3.36%
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.
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
A Price/Earnings ratio of 11.01 indicates a reasonable valuation of INSW.
Based on the Price/Earnings ratio, INSW is valued a bit cheaper than the industry average as 74.88% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.54. INSW is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.57, the valuation of INSW can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INSW indicates a rather cheap valuation: INSW is cheaper than 80.57% of the companies listed in the same industry.
INSW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INSW indicates a somewhat cheap valuation: INSW is cheaper than 63.51% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of INSW indicates a somewhat cheap valuation: INSW is cheaper than 72.04% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.62 | ||
| EV/EBITDA | 6.68 |
4.3 Compensation for Growth
The decent profitability rating of INSW may justify a higher PE ratio.
INSW's earnings are expected to decrease with -5.25% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.01%, INSW has a reasonable but not impressive dividend return.
INSW's Dividend Yield is slightly below the industry average, which is at 5.98.
Compared to an average S&P500 Dividend Yield of 2.41, INSW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
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 82.53% of its income as dividend. This is not a sustainable payout ratio.
DP82.53%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
47.22
-0.18 (-0.38%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.29%
Inst Owner Change2.95%
Ins Owners1.56%
Ins Owner Change1.56%
Market Cap2.33B
Analysts85.33
Price Target56.02 (18.64%)
Short Float %7.86%
Short Ratio5.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
Yearly Dividend5.8
Dividend Growth(5Y)N/A
DP82.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.97%
Min EPS beat(2)5.64%
Max EPS beat(2)26.3%
EPS beat(4)3
Avg EPS beat(4)6.65%
Min EPS beat(4)-6.73%
Max EPS beat(4)26.3%
EPS beat(8)6
Avg EPS beat(8)7.54%
EPS beat(12)9
Avg EPS beat(12)7.82%
EPS beat(16)12
Avg EPS beat(16)4.14%
Revenue beat(2)1
Avg Revenue beat(2)1.35%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)3.05%
Revenue beat(4)3
Avg Revenue beat(4)1.47%
Min Revenue beat(4)-0.35%
Max Revenue beat(4)3.05%
Revenue beat(8)6
Avg Revenue beat(8)3.04%
Revenue beat(12)9
Avg Revenue beat(12)4.07%
Revenue beat(16)12
Avg Revenue beat(16)3.08%
PT rev (1m)0%
PT rev (3m)-5.32%
EPS NQ rev (1m)2.14%
EPS NQ rev (3m)-10.43%
EPS NY rev (1m)0.5%
EPS NY rev (3m)-3.91%
Revenue NQ rev (1m)-0.46%
Revenue NQ rev (3m)-3.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 8.57 | ||
| P/S | 2.92 | ||
| P/FCF | 11.62 | ||
| P/OCF | 6.16 | ||
| P/B | 1.23 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 6.68 |
EPS(TTM)4.29
EY9.09%
EPS(NY)5.51
Fwd EY11.66%
FCF(TTM)4.06
FCFY8.6%
OCF(TTM)7.67
OCFY16.24%
SpS16.18
BVpS38.48
TBVpS38.48
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.46% | ||
| ROE | 12.56% | ||
| ROCE | 11.44% | ||
| ROIC | 9.04% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 9.7% | ||
| OM | 31.11% | ||
| PM (TTM) | 29.87% | ||
| GM | 60.11% | ||
| FCFM | 25.11% |
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-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 111.33% | ||
| Cap/Sales | 22.27% | ||
| Interest Coverage | 6.15 | ||
| Cash Conversion | 92.68% | ||
| Profit Quality | 84.04% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 3.1 |
F-Score4
WACC8.49%
ROIC/WACC1.06
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-42.29%
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.01%
Revenue growth 3Y51.72%
Revenue growth 5Y21.05%
Sales Q2Q%-24%
Revenue Next Year-17.5%
Revenue Next 2Y-7.15%
Revenue Next 3Y-3.36%
Revenue Next 5YN/A
EBIT growth 1Y-52.01%
EBIT growth 3YN/A
EBIT growth 5Y50.09%
EBIT Next Year-10.85%
EBIT Next 3Y4.23%
EBIT Next 5YN/A
FCF growth 1Y-54.04%
FCF growth 3YN/A
FCF growth 5Y39.63%
OCF growth 1Y-44.95%
OCF growth 3YN/A
OCF growth 5Y44.28%