TEEKAY CORP LTD (TK) Stock Fundamental Analysis
NYSE:TK - New York Stock Exchange, Inc. - BMG8726T1053 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to TK. TK was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. While TK has a great health rating, its profitability is only average at the moment. TK 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 TK was profitable.
In the past year TK had a positive cash flow from operations.
Of the past 5 years TK 4 years were profitable.
Each year in the past 5 years TK had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.21%, TK is doing good in the industry, outperforming 66.67% of the companies in the same industry.
TK has a Return On Equity of 18.85%. This is amongst the best in the industry. TK outperforms 81.69% of its industry peers.
With an excellent Return On Invested Capital value of 13.01%, TK belongs to the best of the industry, outperforming 88.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TK is significantly below the industry average of 23.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.21% | ||
| ROE | 18.85% | ||
| ROIC | 13.01% |
ROA(3y)5.56%
ROA(5y)3.12%
ROE(3y)17.33%
ROE(5y)7.26%
ROIC(3y)14.35%
ROIC(5y)N/A
1.3 Margins
TK's Profit Margin of 10.96% is in line compared to the rest of the industry. TK outperforms 58.22% of its industry peers.
In the last couple of years the Profit Margin of TK has grown nicely.
With a decent Operating Margin value of 27.27%, TK is doing good in the industry, outperforming 62.91% of the companies in the same industry.
In the last couple of years the Operating Margin of TK has grown nicely.
TK has a Gross Margin of 39.94%. This is comparable to the rest of the industry: TK outperforms 47.42% of its industry peers.
In the last couple of years the Gross Margin of TK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.27% | ||
| PM (TTM) | 10.96% | ||
| GM | 39.94% |
OM growth 3YN/A
OM growth 5Y6.54%
PM growth 3Y112.41%
PM growth 5YN/A
GM growth 3Y69.12%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TK is still creating some value.
Compared to 1 year ago, TK has less shares outstanding
Compared to 5 years ago, TK has less shares outstanding
There is no outstanding debt for TK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
TK has an Altman-Z score of 1.70. This is a bad value and indicates that TK is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.70, TK is in line with its industry, outperforming 58.69% of the companies in the same industry.
TK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 1.7 |
ROIC/WACC1.35
WACC9.62%
2.3 Liquidity
A Current Ratio of 6.99 indicates that TK has no problem at all paying its short term obligations.
TK has a better Current ratio (6.99) than 94.37% of its industry peers.
TK has a Quick Ratio of 6.65. This indicates that TK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 6.65, TK belongs to the best of the industry, outperforming 94.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.99 | ||
| Quick Ratio | 6.65 |
3. Growth
3.1 Past
The earnings per share for TK have decreased by -8.00% in the last year.
TK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 173.63% yearly.
The Revenue for TK has decreased by -16.70% in the past year. This is quite bad
Measured over the past years, TK shows a decrease in Revenue. The Revenue has been decreasing by -8.90% on average per year.
EPS 1Y (TTM)-8%
EPS 3Y173.63%
EPS 5YN/A
EPS Q2Q%-23.89%
Revenue 1Y (TTM)-16.7%
Revenue growth 3Y21.37%
Revenue growth 5Y-8.9%
Sales Q2Q%16.43%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.98, the valuation of TK can be described as very cheap.
88.73% of the companies in the same industry are more expensive than TK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.60. TK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TK indicates a rather cheap valuation: TK is cheaper than 98.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.82 | ||
| EV/EBITDA | -0.12 |
4.3 Compensation for Growth
TK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TK has a Yearly Dividend Yield of 23.23%, which is a nice return.
Compared to an average industry Dividend Yield of 6.74, TK pays a better dividend. On top of this TK pays more dividend than 99.06% of the companies listed in the same industry.
TK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 23.23% |
5.2 History
On average, the dividend of TK grows each year by 32.94%, which is quite nice.
TK has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)32.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
63.56% of the earnings are spent on dividend by TK. This is not a sustainable payout ratio.
DP63.56%
EPS Next 2YN/A
EPS Next 3YN/A
8.55
+0.17 (+2.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.52%
Inst Owner Change6.3%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap714.44M
Analysts40
Price TargetN/A
Short Float %3.54%
Short Ratio2.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 23.23% |
Yearly Dividend0.97
Dividend Growth(5Y)32.94%
DP63.56%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.98 | ||
| Fwd PE | N/A | ||
| P/S | 0.59 | ||
| P/FCF | 1.82 | ||
| P/OCF | 1.53 | ||
| P/B | 1.01 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | -0.12 |
EPS(TTM)1.43
EY16.73%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)4.69
FCFY54.85%
OCF(TTM)5.59
OCFY65.39%
SpS14.6
BVpS8.49
TBVpS8.49
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.21% | ||
| ROE | 18.85% | ||
| ROCE | 16.47% | ||
| ROIC | 13.01% | ||
| ROICexc | 20.18% | ||
| ROICexgc | 20.19% | ||
| OM | 27.27% | ||
| PM (TTM) | 10.96% | ||
| GM | 39.94% | ||
| FCFM | 32.11% |
ROA(3y)5.56%
ROA(5y)3.12%
ROE(3y)17.33%
ROE(5y)7.26%
ROIC(3y)14.35%
ROIC(5y)N/A
ROICexc(3y)21.16%
ROICexc(5y)N/A
ROICexgc(3y)21.21%
ROICexgc(5y)N/A
ROCE(3y)18.17%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y34.08%
ROICexc growth 3YN/A
ROICexc growth 5Y34.37%
OM growth 3YN/A
OM growth 5Y6.54%
PM growth 3Y112.41%
PM growth 5YN/A
GM growth 3Y69.12%
GM growth 5Y0.48%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 80.51% | ||
| Cap/Sales | 6.17% | ||
| Interest Coverage | 40.59 | ||
| Cash Conversion | 109.57% | ||
| Profit Quality | 292.92% | ||
| Current Ratio | 6.99 | ||
| Quick Ratio | 6.65 | ||
| Altman-Z | 1.7 |
F-Score6
WACC9.62%
ROIC/WACC1.35
Cap/Depr(3y)35.52%
Cap/Depr(5y)27.38%
Cap/Sales(3y)2.72%
Cap/Sales(5y)2.55%
Profit Quality(3y)313.66%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8%
EPS 3Y173.63%
EPS 5YN/A
EPS Q2Q%-23.89%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-16.7%
Revenue growth 3Y21.37%
Revenue growth 5Y-8.9%
Sales Q2Q%16.43%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-36.37%
EBIT growth 3YN/A
EBIT growth 5Y-2.94%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-37.13%
FCF growth 3Y90.51%
FCF growth 5Y7.43%
OCF growth 1Y-26.25%
OCF growth 3Y81.52%
OCF growth 5Y4.04%