TSAKOS ENERGY NAVIGATION LTD (TEN) Stock Fundamental Analysis
USA - NYSE:TEN - BMG9108L1735 - Common Stock
21.04 USD
-0.46 (-2.14%)
20.6999 USD
-0.34 (-1.62%)
We assign a fundamental rating of 3 out of 10 to TEN. TEN was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. TEN has a medium profitability rating, but doesn't score so well on its financial health evaluation. TEN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TEN had positive earnings in the past year.
The reported net income has been mixed in the past 5 years: TEN reported negative net income in multiple years.
In the past 5 years TEN always reported a positive cash flow from operatings.
1.2 Ratios
TEN's Return On Assets of 2.16% is in line compared to the rest of the industry. TEN outperforms 42.65% of its industry peers.
Looking at the Return On Equity, with a value of 4.56%, TEN is in line with its industry, outperforming 41.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.16% | ||
| ROE | 4.56% | ||
| ROIC | N/A |
ROA(3y)5.67%
ROA(5y)2.01%
ROE(3y)12.17%
ROE(5y)4.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TEN's Profit Margin of 10.58% is in line compared to the rest of the industry. TEN outperforms 57.35% of its industry peers.
The Operating Margin of TEN (26.51%) is better than 65.40% of its industry peers.
TEN's Operating Margin has improved in the last couple of years.
TEN's Gross Margin of 54.68% is fine compared to the rest of the industry. TEN outperforms 63.03% of its industry peers.
TEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.51% | ||
| PM (TTM) | 10.58% | ||
| GM | 54.68% |
OM growth 3YN/A
OM growth 5Y8.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.88%
GM growth 5Y2.88%
2. Health
2.1 Basic Checks
TEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TEN has been increased compared to 1 year ago.
Compared to 5 years ago, TEN has more shares outstanding
TEN has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 1.01 is on the high side and indicates that TEN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.01, TEN is doing worse than 69.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.9%
2.3 Liquidity
A Current Ratio of 1.11 indicates that TEN should not have too much problems paying its short term obligations.
TEN has a Current ratio (1.11) which is in line with its industry peers.
A Quick Ratio of 1.06 indicates that TEN should not have too much problems paying its short term obligations.
TEN has a Quick ratio (1.06) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
TEN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.35%.
The Revenue has decreased by -9.61% in the past year.
Measured over the past years, TEN shows a small growth in Revenue. The Revenue has been growing by 6.12% on average per year.
EPS 1Y (TTM)-50.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.61%
Revenue 1Y (TTM)-9.61%
Revenue growth 3Y13.76%
Revenue growth 5Y6.12%
Sales Q2Q%-9.69%
3.2 Future
TEN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.93% yearly.
The Revenue is expected to grow by 6.56% on average over the next years.
EPS Next Y-55%
EPS Next 2Y-6.59%
EPS Next 3Y9.54%
EPS Next 5Y17.93%
Revenue Next Year-2.97%
Revenue Next 2Y2.71%
Revenue Next 3Y6.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.51, the valuation of TEN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of TEN indicates a rather cheap valuation: TEN is cheaper than 85.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.02, TEN is valued rather cheaply.
With a Price/Forward Earnings ratio of 4.78, the valuation of TEN can be described as very cheap.
Based on the Price/Forward Earnings ratio, TEN is valued cheaply inside the industry as 93.84% of the companies are valued more expensively.
TEN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 4.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TEN indicates a somewhat cheap valuation: TEN is cheaper than 65.88% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.21 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.59%
EPS Next 3Y9.54%
5. Dividend
5.1 Amount
TEN has a Yearly Dividend Yield of 8.85%, which is a nice return.
TEN's Dividend Yield is rather good when compared to the industry average which is at 6.15. TEN pays more dividend than 84.83% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, TEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.85% |
5.2 History
The dividend of TEN decreases each year by -2.27%.
TEN has been paying a dividend for over 5 years, so it has already some track record.
TEN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.27%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
70.80% of the earnings are spent on dividend by TEN. This is not a sustainable payout ratio.
DP70.8%
EPS Next 2Y-6.59%
EPS Next 3Y9.54%
21.04
-0.46 (-2.14%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners23.32%
Inst Owner Change0%
Ins Owners0.27%
Ins Owner Change0%
Market Cap633.94M
Analysts80
Price Target31.62 (50.29%)
Short Float %2.06%
Short Ratio1.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.85% |
Yearly Dividend2.41
Dividend Growth(5Y)-2.27%
DP70.8%
Div Incr Years3
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)100.68%
Min EPS beat(2)30.16%
Max EPS beat(2)171.21%
EPS beat(4)4
Avg EPS beat(4)61.55%
Min EPS beat(4)11.88%
Max EPS beat(4)171.21%
EPS beat(8)6
Avg EPS beat(8)36.2%
EPS beat(12)9
Avg EPS beat(12)22%
EPS beat(16)10
Avg EPS beat(16)10.79%
Revenue beat(2)2
Avg Revenue beat(2)5.65%
Min Revenue beat(2)1.87%
Max Revenue beat(2)9.43%
Revenue beat(4)4
Avg Revenue beat(4)12.95%
Min Revenue beat(4)1.87%
Max Revenue beat(4)28.36%
Revenue beat(8)7
Avg Revenue beat(8)13.31%
Revenue beat(12)11
Avg Revenue beat(12)16.13%
Revenue beat(16)14
Avg Revenue beat(16)19.64%
PT rev (1m)2.2%
PT rev (3m)3.33%
EPS NQ rev (1m)47.74%
EPS NQ rev (3m)-20.52%
EPS NY rev (1m)-10.89%
EPS NY rev (3m)-25.79%
Revenue NQ rev (1m)-1.01%
Revenue NQ rev (3m)-5.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 4.78 | ||
| P/S | 0.81 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.35 | ||
| P/tB | 0.35 | ||
| EV/EBITDA | 6.21 |
EPS(TTM)2.8
EY13.31%
EPS(NY)4.41
Fwd EY20.94%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS25.85
BVpS59.97
TBVpS59.97
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.16% | ||
| ROE | 4.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 26.51% | ||
| PM (TTM) | 10.58% | ||
| GM | 54.68% | ||
| FCFM | N/A |
ROA(3y)5.67%
ROA(5y)2.01%
ROE(3y)12.17%
ROE(5y)4.06%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)8.93%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y8.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.88%
GM growth 5Y2.88%
F-ScoreN/A
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.22 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC7.9%
ROIC/WACCN/A
Cap/Depr(3y)237.85%
Cap/Depr(5y)166.92%
Cap/Sales(3y)38.11%
Cap/Sales(5y)27.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.35%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.61%
EPS Next Y-55%
EPS Next 2Y-6.59%
EPS Next 3Y9.54%
EPS Next 5Y17.93%
Revenue 1Y (TTM)-9.61%
Revenue growth 3Y13.76%
Revenue growth 5Y6.12%
Sales Q2Q%-9.69%
Revenue Next Year-2.97%
Revenue Next 2Y2.71%
Revenue Next 3Y6.56%
Revenue Next 5YN/A
EBIT growth 1Y-31.71%
EBIT growth 3YN/A
EBIT growth 5Y15.16%
EBIT Next Year47.01%
EBIT Next 3Y31.84%
EBIT Next 5Y26.86%
FCF growth 1Y-178.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-22.16%
OCF growth 3Y79.61%
OCF growth 5Y10.79%