KNOT OFFSHORE PARTNERS LP (KNOP) Stock Fundamental Analysis
NYSE:KNOP - MHY481251012 - Common Stock
7.55 USD
+0.01 (+0.13%)
We assign a fundamental rating of 3 out of 10 to KNOP. KNOP was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. While KNOP is still in line with the averages on profitability rating, there are concerns on its financial health. KNOP is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year KNOP was profitable.
In the past year KNOP had a positive cash flow from operations.
Of the past 5 years KNOP 4 years were profitable.
KNOP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KNOP's Return On Assets of 0.46% is on the low side compared to the rest of the industry. KNOP is outperformed by 65.38% of its industry peers.
KNOP's Return On Equity of 1.23% is on the low side compared to the rest of the industry. KNOP is outperformed by 63.46% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.26%, KNOP is in line with its industry, outperforming 45.19% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KNOP is significantly below the industry average of 23.39%.
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 doing worse than 60.58% of the companies in the same industry.
In the last couple of years the Profit Margin of KNOP has declined.
The Operating Margin of KNOP (27.79%) is better than 65.38% of its industry peers.
In the last couple of years the Operating Margin of KNOP has declined.
KNOP has a better Gross Margin (64.43%) than 72.60% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so KNOP is destroying value.
KNOP has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for KNOP has been increased compared to 5 years ago.
Compared to 1 year ago, KNOP has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of KNOP is 6.51, which is on the high side as it means it would take KNOP, 6.51 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.51, KNOP is in line with its industry, outperforming 57.69% of the companies in the same industry.
KNOP has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
KNOP has a Debt to Equity ratio of 1.13. This is in the lower half of the industry: KNOP underperforms 70.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 6.51 | ||
| Altman-Z | N/A |
ROIC/WACC0.67
WACC7.87%
2.3 Liquidity
KNOP has a Current Ratio of 0.34. This is a bad value and indicates that KNOP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.34, KNOP is doing worse than 92.79% of the companies in the same industry.
A Quick Ratio of 0.33 indicates that KNOP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.33, KNOP is doing worse than 91.35% of the companies in the same industry.
| 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%.
The earnings per share for KNOP have been decreasing by -23.10% on average. This is quite bad
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.
Based on estimates for the next years, KNOP will show a small growth in Revenue. The Revenue will grow by 0.90% on average per year.
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.
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 18.41 indicates a rather expensive valuation of KNOP.
KNOP's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.14, KNOP is valued a bit cheaper.
The Price/Forward Earnings ratio is 7.35, which indicates a rather cheap valuation of KNOP.
83.65% of the companies in the same industry are more expensive than KNOP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of KNOP to the average of the S&P500 Index (22.80), we can say KNOP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.41 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNOP is valued a bit cheaper than 66.83% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, KNOP is valued cheaper than 98.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.77 | ||
| EV/EBITDA | 5.91 |
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)0.15
PEG (5Y)N/A
EPS Next 2Y60.22%
EPS Next 3Y25.76%
5. Dividend
5.1 Amount
KNOP has a Yearly Dividend Yield of 1.44%.
KNOP's Dividend Yield is slightly below the industry average, which is at 6.33.
KNOP's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
5.2 History
The dividend of KNOP decreases each year by -34.67%.
KNOP has paid a dividend for at least 10 years, which is a reliable track record.
KNOP has decreased its dividend recently.
Dividend Growth(5Y)-34.67%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
137.95% of the earnings are spent on dividend by KNOP. This is not a sustainable payout ratio.
DP137.95%
EPS Next 2Y60.22%
EPS Next 3Y25.76%
NYSE:KNOP (8/28/2025, 12:13:51 PM)
7.55
+0.01 (+0.13%)
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 Cap257.08M
Analysts84.44
Price Target12.21 (61.72%)
Short Float %0.77%
Short Ratio3.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.44% |
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)27.07%
EPS NY rev (1m)0%
EPS NY rev (3m)32.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.62%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)3.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.41 | ||
| Fwd PE | 7.35 | ||
| P/S | 0.79 | ||
| P/FCF | 1.77 | ||
| P/OCF | 1.76 | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | 5.91 |
EPS(TTM)0.41
EY5.43%
EPS(NY)1.03
Fwd EY13.6%
FCF(TTM)4.26
FCFY56.43%
OCF(TTM)4.29
OCFY56.86%
SpS9.57
BVpS18.09
TBVpS18.09
PEG (NY)0.15
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
WACC7.87%
ROIC/WACC0.67
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%