SCORPIO TANKERS INC (STNG) Stock Fundamental Analysis
NYSE:STNG - MHY7542C1306 - Common Stock
49.03 USD
+0.34 (+0.7%)
49.03 USD
0 (0%)
Taking everything into account, STNG scores 6 out of 10 in our fundamental rating. STNG was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. STNG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. STNG 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 STNG was profitable.
STNG had a positive operating cash flow in the past year.
STNG had positive earnings in 4 of the past 5 years.
STNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of STNG (9.02%) is better than 80.77% of its industry peers.
The Return On Equity of STNG (12.00%) is better than 66.35% of its industry peers.
The Return On Invested Capital of STNG (5.86%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for STNG is significantly below the industry average of 23.39%.
The 3 year average ROIC (14.78%) for STNG is well above the current ROIC(5.86%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.02% | ||
| ROE | 12% | ||
| ROIC | 5.86% |
ROA(3y)14.79%
ROA(5y)8.3%
ROE(3y)23.39%
ROE(5y)12.39%
ROIC(3y)14.78%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 39.18%, STNG belongs to the top of the industry, outperforming 90.87% of the companies in the same industry.
The Operating Margin of STNG (30.94%) is better than 72.60% of its industry peers.
In the last couple of years the Operating Margin of STNG has grown nicely.
STNG's Gross Margin of 67.14% is fine compared to the rest of the industry. STNG outperforms 75.48% of its industry peers.
STNG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.94% | ||
| PM (TTM) | 39.18% | ||
| GM | 67.14% |
OM growth 3YN/A
OM growth 5Y20.69%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.99%
GM growth 5Y5.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), STNG is creating some value.
STNG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for STNG has been reduced compared to 5 years ago.
The debt/assets ratio for STNG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.60 indicates that STNG is not a great score, but indicates only limited risk for bankruptcy at the moment.
STNG has a Altman-Z score of 2.60. This is in the better half of the industry: STNG outperforms 77.40% of its industry peers.
STNG has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
The Debt to FCF ratio of STNG (1.74) is better than 84.13% of its industry peers.
STNG has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.28, STNG is in the better half of the industry, outperforming 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.68
WACC8.58%
2.3 Liquidity
STNG has a Current Ratio of 4.95. This indicates that STNG is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 4.95, STNG belongs to the best of the industry, outperforming 91.35% of the companies in the same industry.
A Quick Ratio of 4.83 indicates that STNG has no problem at all paying its short term obligations.
STNG has a Quick ratio of 4.83. This is amongst the best in the industry. STNG outperforms 91.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.95 | ||
| Quick Ratio | 4.83 |
3. Growth
3.1 Past
The earnings per share for STNG have decreased strongly by -60.59% in the last year.
Looking at the last year, STNG shows a very negative growth in Revenue. The Revenue has decreased by -34.54% in the last year.
The Revenue has been growing by 12.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-60.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-60.83%
Revenue 1Y (TTM)-34.54%
Revenue growth 3Y32%
Revenue growth 5Y12.05%
Sales Q2Q%-39.52%
3.2 Future
STNG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.70% yearly.
STNG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -7.66% yearly.
EPS Next Y-45.43%
EPS Next 2Y-21.63%
EPS Next 3Y-5.7%
EPS Next 5YN/A
Revenue Next Year-26.31%
Revenue Next 2Y-13.3%
Revenue Next 3Y-7.66%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings ratio is 10.17, which indicates a very decent valuation of STNG.
Based on the Price/Earnings ratio, STNG is valued a bit cheaper than 75.48% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.03, STNG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.02, the valuation of STNG can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of STNG indicates a somewhat cheap valuation: STNG is cheaper than 79.33% of the companies listed in the same industry.
STNG is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.17 | ||
| Fwd PE | 8.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, STNG is valued a bit cheaper than 66.35% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, STNG is valued cheaply inside the industry as 91.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.78 | ||
| EV/EBITDA | 5.88 |
4.3 Compensation for Growth
STNG has a very decent profitability rating, which may justify a higher PE ratio.
STNG's earnings are expected to decrease with -5.70% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.63%
EPS Next 3Y-5.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.31%, STNG has a reasonable but not impressive dividend return.
STNG's Dividend Yield is comparable with the industry average which is at 6.33.
Compared to an average S&P500 Dividend Yield of 2.34, STNG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
The dividend of STNG is nicely growing with an annual growth rate of 33.06%!
STNG has been paying a dividend for at least 10 years, so it has a reliable track record.
STNG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)33.06%
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
STNG pays out 22.57% of its income as dividend. This is a sustainable payout ratio.
DP22.57%
EPS Next 2Y-21.63%
EPS Next 3Y-5.7%
49.03
+0.34 (+0.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners77.53%
Inst Owner Change-6.26%
Ins Owners5.89%
Ins Owner ChangeN/A
Market Cap2.50B
Analysts84.44
Price Target63.92 (30.37%)
Short Float %5.63%
Short Ratio2.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend1.62
Dividend Growth(5Y)33.06%
DP22.57%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.16%
Min EPS beat(2)26.69%
Max EPS beat(2)37.62%
EPS beat(4)2
Avg EPS beat(4)3%
Min EPS beat(4)-34.08%
Max EPS beat(4)37.62%
EPS beat(8)6
Avg EPS beat(8)5.58%
EPS beat(12)7
Avg EPS beat(12)4.69%
EPS beat(16)10
Avg EPS beat(16)7.12%
Revenue beat(2)2
Avg Revenue beat(2)3.48%
Min Revenue beat(2)2.79%
Max Revenue beat(2)4.17%
Revenue beat(4)2
Avg Revenue beat(4)-2.87%
Min Revenue beat(4)-9.66%
Max Revenue beat(4)4.17%
Revenue beat(8)5
Avg Revenue beat(8)-1.22%
Revenue beat(12)7
Avg Revenue beat(12)-0.08%
Revenue beat(16)9
Avg Revenue beat(16)0.59%
PT rev (1m)-1.05%
PT rev (3m)-3.32%
EPS NQ rev (1m)6.06%
EPS NQ rev (3m)-5.94%
EPS NY rev (1m)3.63%
EPS NY rev (3m)7.6%
Revenue NQ rev (1m)-2.66%
Revenue NQ rev (3m)-2.98%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.17 | ||
| Fwd PE | 8.02 | ||
| P/S | 2.73 | ||
| P/FCF | 4.78 | ||
| P/OCF | 4.78 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 5.88 |
EPS(TTM)4.82
EY9.83%
EPS(NY)6.11
Fwd EY12.46%
FCF(TTM)10.25
FCFY20.9%
OCF(TTM)10.25
OCFY20.9%
SpS17.96
BVpS58.65
TBVpS58.49
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.02% | ||
| ROE | 12% | ||
| ROCE | 7.41% | ||
| ROIC | 5.86% | ||
| ROICexc | 6.87% | ||
| ROICexgc | 6.89% | ||
| OM | 30.94% | ||
| PM (TTM) | 39.18% | ||
| GM | 67.14% | ||
| FCFM | 57.06% |
ROA(3y)14.79%
ROA(5y)8.3%
ROE(3y)23.39%
ROE(5y)12.39%
ROIC(3y)14.78%
ROIC(5y)N/A
ROICexc(3y)17.09%
ROICexc(5y)N/A
ROICexgc(3y)17.14%
ROICexgc(5y)N/A
ROCE(3y)18.7%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y44.72%
ROICexc growth 3YN/A
ROICexc growth 5Y44.72%
OM growth 3YN/A
OM growth 5Y20.69%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y24.99%
GM growth 5Y5.25%
F-Score6
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 112.62% | ||
| Profit Quality | 145.64% | ||
| Current Ratio | 4.95 | ||
| Quick Ratio | 4.83 | ||
| Altman-Z | 2.6 |
F-Score6
WACC8.58%
ROIC/WACC0.68
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)134.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-60.83%
EPS Next Y-45.43%
EPS Next 2Y-21.63%
EPS Next 3Y-5.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-34.54%
Revenue growth 3Y32%
Revenue growth 5Y12.05%
Sales Q2Q%-39.52%
Revenue Next Year-26.31%
Revenue Next 2Y-13.3%
Revenue Next 3Y-7.66%
Revenue Next 5YN/A
EBIT growth 1Y-61.98%
EBIT growth 3YN/A
EBIT growth 5Y35.24%
EBIT Next Year-21.97%
EBIT Next 3Y-5.59%
EBIT Next 5YN/A
FCF growth 1Y-53.69%
FCF growth 3Y131.4%
FCF growth 5Y31.54%
OCF growth 1Y-53.77%
OCF growth 3Y124.12%
OCF growth 5Y31.54%