KNOT OFFSHORE PARTNERS LP (KNOP) Stock Fundamental Analysis
USA - NYSE:KNOP - MHY481251012 - Common Stock
8.93 USD
-0.05 (-0.56%)
Taking everything into account, KNOP scores 3 out of 10 in our fundamental rating. KNOP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of KNOP while its profitability can be described as average. KNOP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
KNOP had positive earnings in the past year.
In the past year KNOP had a positive cash flow from operations.
Of the past 5 years KNOP 4 years were profitable.
Each year in the past 5 years KNOP had a positive operating cash flow.
1.2 Ratios
KNOP has a worse Return On Assets (0.46%) than 65.71% of its industry peers.
With a Return On Equity value of 1.23%, KNOP is not doing good in the industry: 63.81% of the companies in the same industry are doing better.
The Return On Invested Capital of KNOP (5.26%) is comparable to the rest of the industry.
KNOP had an Average Return On Invested Capital over the past 3 years of 4.45%. This is significantly below the industry average of 21.71%.
The last Return On Invested Capital (5.26%) for KNOP is above the 3 year average (4.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.23% | ||
| ROIC | 5.26% |
ROA(3y)0.29%
ROA(5y)1.36%
ROE(3y)0.78%
ROE(5y)3.47%
ROIC(3y)4.45%
ROIC(5y)4.96%
1.3 Margins
Looking at the Profit Margin, with a value of 2.32%, KNOP is in line with its industry, outperforming 40.48% of the companies in the same industry.
KNOP's Profit Margin has declined in the last couple of years.
KNOP has a Operating Margin of 27.79%. This is in the better half of the industry: KNOP outperforms 67.62% of its industry peers.
KNOP's Operating Margin has declined in the last couple of years.
KNOP's Gross Margin of 64.43% is fine compared to the rest of the industry. KNOP outperforms 72.38% of its industry peers.
KNOP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.79% | ||
| PM (TTM) | 2.32% | ||
| GM | 64.43% |
OM growth 3Y-8.79%
OM growth 5Y-9.25%
PM growth 3Y-48.51%
PM growth 5Y-34.08%
GM growth 3Y-4.48%
GM growth 5Y-3.81%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KNOP is destroying value.
The number of shares outstanding for KNOP remains at a similar level compared to 1 year ago.
Compared to 5 years ago, KNOP has more shares outstanding
The debt/assets ratio for KNOP has been reduced compared to a year ago.
2.2 Solvency
KNOP has a debt to FCF ratio of 6.51. This is a slightly negative value and a sign of low solvency as KNOP would need 6.51 years to pay back of all of its debts.
The Debt to FCF ratio of KNOP (6.51) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.13 is on the high side and indicates that KNOP has dependencies on debt financing.
KNOP's Debt to Equity ratio of 1.13 is on the low side compared to the rest of the industry. KNOP is outperformed by 70.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.51 | ||
| Altman-Z | N/A |
ROIC/WACC0.64
WACC8.2%
2.3 Liquidity
A Current Ratio of 0.34 indicates that KNOP may have some problems paying its short term obligations.
KNOP has a Current ratio of 0.34. This is amonst the worse of the industry: KNOP underperforms 90.95% of its industry peers.
A Quick Ratio of 0.33 indicates that KNOP may have some problems paying its short term obligations.
KNOP has a Quick ratio of 0.33. This is amonst the worse of the industry: KNOP underperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
KNOP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -41.43%.
KNOP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -23.10% yearly.
Looking at the last year, KNOP shows a quite strong growth in Revenue. The Revenue has grown by 10.07% in the last year.
The Revenue has been growing slightly by 2.43% on average over the past years.
EPS 1Y (TTM)-41.43%
EPS 3Y-37.38%
EPS 5Y-23.1%
EPS Q2Q%4.76%
Revenue 1Y (TTM)10.07%
Revenue growth 3Y4.26%
Revenue growth 5Y2.43%
Sales Q2Q%9.65%
3.2 Future
Based on estimates for the next years, KNOP will show a very strong growth in Earnings Per Share. The EPS will grow by 25.76% on average per year.
KNOP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.90% yearly.
EPS Next Y126.61%
EPS Next 2Y60.22%
EPS Next 3Y25.76%
EPS Next 5YN/A
Revenue Next Year9.96%
Revenue Next 2Y5.08%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
KNOP is valuated rather expensively with a Price/Earnings ratio of 21.78.
Compared to the rest of the industry, the Price/Earnings ratio of KNOP is on the same level as its industry peers.
When comparing the Price/Earnings ratio of KNOP to the average of the S&P500 Index (27.41), we can say KNOP is valued slightly cheaper.
KNOP is valuated reasonably with a Price/Forward Earnings ratio of 8.70.
KNOP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KNOP is cheaper than 77.62% of the companies in the same industry.
KNOP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 8.7 |
4.2 Price Multiples
66.67% of the companies in the same industry are more expensive than KNOP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, KNOP is valued cheaply inside the industry as 97.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.1 | ||
| EV/EBITDA | 6.14 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KNOP's earnings are expected to grow with 25.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y60.22%
EPS Next 3Y25.76%
5. Dividend
5.1 Amount
KNOP has a Yearly Dividend Yield of 1.17%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.00, KNOP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, KNOP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of KNOP decreases each year by -34.67%.
KNOP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of KNOP decreased recently.
Dividend Growth(5Y)-34.67%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
KNOP pays out 137.95% of its income as dividend. This is not a sustainable payout ratio.
DP137.95%
EPS Next 2Y60.22%
EPS Next 3Y25.76%
NYSE:KNOP (9/23/2025, 8:04:00 PM)
8.93
-0.05 (-0.56%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners27.23%
Inst Owner Change1.06%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap304.07M
Analysts84.44
Price Target12.21 (36.73%)
Short Float %0.76%
Short Ratio3.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend0.29
Dividend Growth(5Y)-34.67%
DP137.95%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)929.41%
Min EPS beat(2)54.06%
Max EPS beat(2)1804.76%
EPS beat(4)2
Avg EPS beat(4)236.61%
Min EPS beat(4)-473.15%
Max EPS beat(4)1804.76%
EPS beat(8)5
Avg EPS beat(8)309.26%
EPS beat(12)7
Avg EPS beat(12)205.26%
EPS beat(16)9
Avg EPS beat(16)150.46%
Revenue beat(2)2
Avg Revenue beat(2)9.61%
Min Revenue beat(2)2.59%
Max Revenue beat(2)16.63%
Revenue beat(4)4
Avg Revenue beat(4)5.65%
Min Revenue beat(4)0.66%
Max Revenue beat(4)16.63%
Revenue beat(8)7
Avg Revenue beat(8)3.75%
Revenue beat(12)10
Avg Revenue beat(12)2.72%
Revenue beat(16)12
Avg Revenue beat(16)1.64%
PT rev (1m)0%
PT rev (3m)-9.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.55%
EPS NY rev (1m)0%
EPS NY rev (3m)4.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 8.7 | ||
| P/S | 0.93 | ||
| P/FCF | 2.1 | ||
| P/OCF | 2.08 | ||
| P/B | 0.49 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 6.14 |
EPS(TTM)0.41
EY4.59%
EPS(NY)1.03
Fwd EY11.5%
FCF(TTM)4.26
FCFY47.71%
OCF(TTM)4.29
OCFY48.07%
SpS9.57
BVpS18.09
TBVpS18.09
PEG (NY)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.23% | ||
| ROCE | 6.66% | ||
| ROIC | 5.26% | ||
| ROICexc | 5.26% | ||
| ROICexgc | 5.26% | ||
| OM | 27.79% | ||
| PM (TTM) | 2.32% | ||
| GM | 64.43% | ||
| FCFM | 44.5% |
ROA(3y)0.29%
ROA(5y)1.36%
ROE(3y)0.78%
ROE(5y)3.47%
ROIC(3y)4.45%
ROIC(5y)4.96%
ROICexc(3y)4.66%
ROICexc(5y)5.17%
ROICexgc(3y)4.66%
ROICexgc(5y)5.17%
ROCE(3y)5.64%
ROCE(5y)6.27%
ROICexcg growth 3Y1.91%
ROICexcg growth 5Y-1.97%
ROICexc growth 3Y1.91%
ROICexc growth 5Y-1.96%
OM growth 3Y-8.79%
OM growth 5Y-9.25%
PM growth 3Y-48.51%
PM growth 5Y-34.08%
GM growth 3Y-4.48%
GM growth 5Y-3.81%
F-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.51 | ||
| Debt/EBITDA | 3.42 | ||
| Cap/Depr | 0.97% | ||
| Cap/Sales | 0.33% | ||
| Interest Coverage | 1.43 | ||
| Cash Conversion | 71.94% | ||
| Profit Quality | 1920.8% | ||
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | N/A |
F-Score6
WACC8.2%
ROIC/WACC0.64
Cap/Depr(3y)2.14%
Cap/Depr(5y)3.66%
Cap/Sales(3y)0.83%
Cap/Sales(5y)1.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.43%
EPS 3Y-37.38%
EPS 5Y-23.1%
EPS Q2Q%4.76%
EPS Next Y126.61%
EPS Next 2Y60.22%
EPS Next 3Y25.76%
EPS Next 5YN/A
Revenue 1Y (TTM)10.07%
Revenue growth 3Y4.26%
Revenue growth 5Y2.43%
Sales Q2Q%9.65%
Revenue Next Year9.96%
Revenue Next 2Y5.08%
Revenue Next 3Y0.9%
Revenue Next 5YN/A
EBIT growth 1Y17.48%
EBIT growth 3Y-4.9%
EBIT growth 5Y-7.05%
EBIT Next Year74.64%
EBIT Next 3Y18.82%
EBIT Next 5YN/A
FCF growth 1Y34.58%
FCF growth 3Y-4.2%
FCF growth 5Y-3.85%
OCF growth 1Y30.16%
OCF growth 3Y-6.24%
OCF growth 5Y-3.71%