TSAKOS ENERGY NAVIGATION LTD (TEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TEN - BMG9108L1735 - Common Stock
25.15 USD
+0.06 (+0.24%)
25.15 USD
0 (0%)
Taking everything into account, TEN scores 4 out of 10 in our fundamental rating. TEN was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. While TEN is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In the past year TEN had a positive cash flow from operations.
In multiple years TEN reported negative net income over the last 5 years.
TEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TEN (2.16%) is comparable to the rest of the industry.
With a Return On Equity value of 4.56%, TEN perfoms like the industry average, outperforming 41.35% 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
Looking at the Profit Margin, with a value of 10.58%, TEN is in line with its industry, outperforming 57.69% of the companies in the same industry.
TEN's Operating Margin of 26.51% is fine compared to the rest of the industry. TEN outperforms 66.35% of its industry peers.
In the last couple of years the Operating Margin of TEN has grown nicely.
TEN has a better Gross Margin (54.68%) than 63.94% of its industry peers.
In the last couple of years the Gross Margin of TEN has grown nicely.
| 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.
Compared to 1 year ago, TEN has more shares outstanding
TEN has more shares outstanding than it did 5 years ago.
TEN has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of TEN is 22.44, which is on the high side as it means it would take TEN, 22.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TEN (22.44) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.01 is on the high side and indicates that TEN has dependencies on debt financing.
The Debt to Equity ratio of TEN (1.01) is worse than 67.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 22.44 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.75%
2.3 Liquidity
TEN has a Current Ratio of 1.11. This is a normal value and indicates that TEN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of TEN (1.11) is comparable to the rest of the industry.
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 of 1.06. This is comparable to the rest of the industry: TEN outperforms 55.29% of 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 -41.97%.
TEN shows a decrease in Revenue. In the last year, the revenue decreased by -9.61%.
The Revenue has been growing slightly by 6.12% on average over the past years.
EPS 1Y (TTM)-41.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%56.72%
Revenue 1Y (TTM)-9.61%
Revenue growth 3Y13.76%
Revenue growth 5Y6.12%
Sales Q2Q%-6.96%
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.
Based on estimates for the next years, TEN will show a small growth in Revenue. The Revenue will grow by 6.19% on average per year.
EPS Next Y-45.33%
EPS Next 2Y-11.61%
EPS Next 3Y6.94%
EPS Next 5Y17.93%
Revenue Next Year-4.42%
Revenue Next 2Y2.29%
Revenue Next 3Y6.19%
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
TEN is valuated cheaply with a Price/Earnings ratio of 7.91.
87.50% of the companies in the same industry are more expensive than TEN, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TEN to the average of the S&P500 Index (27.00), we can say TEN is valued rather cheaply.
TEN is valuated cheaply with a Price/Forward Earnings ratio of 6.37.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TEN indicates a rather cheap valuation: TEN is cheaper than 92.79% of the companies listed in the same industry.
TEN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TEN is valued a bit cheaper than the industry average as 65.38% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TEN is valued a bit cheaper than the industry average as 79.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.55 | ||
| EV/EBITDA | 6.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.61%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
TEN has a Yearly Dividend Yield of 4.46%, which is a nice return.
Compared to an average industry Dividend Yield of 3.96, TEN pays a bit more dividend than its industry peers.
TEN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
The dividend of TEN decreases each year by -2.27%.
TEN has been paying a dividend for at least 10 years, so it has a reliable 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
87.19% of the earnings are spent on dividend by TEN. This is not a sustainable payout ratio.
DP87.19%
EPS Next 2Y-11.61%
EPS Next 3Y6.94%
25.15
+0.06 (+0.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners28.88%
Inst Owner Change0%
Ins Owners0.26%
Ins Owner Change0%
Market Cap774.87M
Revenue(TTM)764.85M
Net Income(TTM)82.36M
Analysts80
Price Target31.62 (25.73%)
Short Float %3.61%
Short Ratio3.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend2.41
Dividend Growth(5Y)-2.27%
DP87.19%
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)30.13%
EPS beat(16)10
Avg EPS beat(16)16.89%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)25.96%
EPS NY rev (3m)21.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 6.37 | ||
| P/S | 0.99 | ||
| P/FCF | 9.55 | ||
| P/OCF | 2.94 | ||
| P/B | 0.43 | ||
| P/tB | 0.43 | ||
| EV/EBITDA | 6.57 |
EPS(TTM)3.18
EY12.64%
EPS(NY)3.95
Fwd EY15.69%
FCF(TTM)2.63
FCFY10.47%
OCF(TTM)8.55
OCFY33.99%
SpS25.28
BVpS58.64
TBVpS58.64
PEG (NY)N/A
PEG (5Y)N/A
Graham Number64.78
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 | 10.42% |
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
ROICexgc growth 3YN/A
ROICexgc 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 | 22.44 | ||
| Debt/EBITDA | 5.19 | ||
| Cap/Depr | 125.94% | ||
| Cap/Sales | 23.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.01% | ||
| Profit Quality | 98.53% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC7.75%
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)-41.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%56.72%
EPS Next Y-45.33%
EPS Next 2Y-11.61%
EPS Next 3Y6.94%
EPS Next 5Y17.93%
Revenue 1Y (TTM)-9.61%
Revenue growth 3Y13.76%
Revenue growth 5Y6.12%
Sales Q2Q%-6.96%
Revenue Next Year-4.42%
Revenue Next 2Y2.29%
Revenue Next 3Y6.19%
Revenue Next 5YN/A
EBIT growth 1Y-31.71%
EBIT growth 3YN/A
EBIT growth 5Y15.16%
EBIT Next Year46.57%
EBIT Next 3Y30.73%
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%
TSAKOS ENERGY NAVIGATION LTD / TEN FAQ
What is the ChartMill fundamental rating of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
ChartMill assigns a fundamental rating of 4 / 10 to TEN.
What is the valuation status of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
ChartMill assigns a valuation rating of 7 / 10 to TSAKOS ENERGY NAVIGATION LTD (TEN). This can be considered as Undervalued.
How profitable is TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
TSAKOS ENERGY NAVIGATION LTD (TEN) has a profitability rating of 4 / 10.
What are the PE and PB ratios of TSAKOS ENERGY NAVIGATION LTD (TEN) stock?
The Price/Earnings (PE) ratio for TSAKOS ENERGY NAVIGATION LTD (TEN) is 7.91 and the Price/Book (PB) ratio is 0.43.
Can you provide the dividend sustainability for TEN stock?
The dividend rating of TSAKOS ENERGY NAVIGATION LTD (TEN) is 5 / 10 and the dividend payout ratio is 87.19%.