INTERNATIONAL SEAWAYS INC (INSW) Stock Fundamental Analysis
USA - NYSE:INSW - MHY410531021 - Common Stock
46.53 USD
+1.29 (+2.85%)
47 USD
+0.47 (+1.01%)
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 has an excellent profitability rating, but there are some minor concerns on its financial health. INSW has a valuation in line with the averages, 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
Looking at the Return On Assets, with a value of 9.46%, INSW belongs to the top of the industry, outperforming 85.78% 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 68.72% of the companies in the same industry.
INSW has a Return On Invested Capital of 9.04%. This is in the better half of the industry: INSW outperforms 77.73% of its industry peers.
INSW had an Average Return On Invested Capital over the past 3 years of 15.75%. This is significantly below the industry average of 21.53%.
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's Profit Margin of 29.87% is amongst the best of the industry. INSW outperforms 87.20% of its industry peers.
INSW has a Operating Margin of 31.11%. This is in the better half of the industry: INSW outperforms 74.88% of its industry peers.
INSW's Operating Margin has improved in the last couple of years.
INSW has a Gross Margin of 60.11%. This is in the better half of the industry: INSW outperforms 68.25% 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.
The number of shares outstanding for INSW has been increased compared to 1 year ago.
Compared to 5 years ago, INSW has more shares outstanding
Compared to 1 year ago, INSW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.07 indicates that INSW is not in any danger for bankruptcy at the moment.
INSW has a Altman-Z score of 3.07. This is amongst the best in the industry. INSW outperforms 81.04% of its industry peers.
The Debt to FCF ratio of INSW is 2.73, which is a good value as it means it would take INSW, 2.73 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.73, INSW is doing good in the industry, outperforming 78.20% of the companies in the same industry.
INSW has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
INSW has a Debt to Equity ratio of 0.14. This is in the better half of the industry: INSW outperforms 72.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.73 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.1
WACC8.18%
2.3 Liquidity
INSW has a Current 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.
With a Current ratio value of 0.95, INSW perfoms like the industry average, outperforming 41.23% of the companies in the same industry.
A Quick Ratio of 0.95 indicates that INSW may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.95, INSW is in line with its industry, outperforming 51.18% of the companies in the same industry.
| 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.
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.
INSW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.01%.
INSW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.05% yearly.
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.
The Revenue is expected to decrease by -2.56% on average over the next years.
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-6.83%
Revenue Next 3Y-2.56%
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
INSW is valuated reasonably with a Price/Earnings ratio of 10.85.
Compared to the rest of the industry, the Price/Earnings ratio of INSW indicates a somewhat cheap valuation: INSW is cheaper than 71.56% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of INSW to the average of the S&P500 Index (27.57), we can say INSW is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.45, the valuation of INSW can be described as reasonable.
78.67% of the companies in the same industry are more expensive than INSW, based on the Price/Forward Earnings ratio.
INSW is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 8.45 |
4.2 Price Multiples
INSW's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. INSW is cheaper than 63.98% of the companies 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 70.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.45 | ||
| EV/EBITDA | 6.6 |
4.3 Compensation for Growth
INSW has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as INSW's earnings are expected to decrease with -5.25% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-15.75%
EPS Next 3Y-5.25%
5. Dividend
5.1 Amount
INSW has a Yearly Dividend Yield of 1.07%.
INSW's Dividend Yield is slightly below the industry average, which is at 6.30.
With a Dividend Yield of 1.07, INSW pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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%
46.53
+1.29 (+2.85%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.29%
Inst Owner Change0.48%
Ins Owners1.56%
Ins Owner Change0.2%
Market Cap2.30B
Revenue(TTM)798.84M
Net Income(TTM)238.63M
Analysts85.33
Price Target57.04 (22.59%)
Short Float %8.03%
Short Ratio5.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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)1.82%
PT rev (3m)9.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.02%
EPS NY rev (1m)0.5%
EPS NY rev (3m)-5.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.85 | ||
| Fwd PE | 8.45 | ||
| P/S | 2.88 | ||
| P/FCF | 11.45 | ||
| P/OCF | 6.07 | ||
| P/B | 1.21 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 6.6 |
EPS(TTM)4.29
EY9.22%
EPS(NY)5.51
Fwd EY11.84%
FCF(TTM)4.06
FCFY8.73%
OCF(TTM)7.67
OCFY16.48%
SpS16.18
BVpS38.48
TBVpS38.48
PEG (NY)N/A
PEG (5Y)0.16
Graham Number60.95
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
ROICexgc growth 3YN/A
ROICexgc 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 | 3.07 |
F-Score4
WACC8.18%
ROIC/WACC1.1
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-6.83%
Revenue Next 3Y-2.56%
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%