TEEKAY CORP LTD (TK) Stock Fundamental Analysis
NYSE:TK - New York Stock Exchange, Inc. - BMG8726T1053 - Common Stock - Currency: USD
TK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TK was profitable.
TK had a positive operating cash flow in the past year.
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
TK has a better Return On Assets (6.21%) than 66.67% of its industry peers.
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.
TK has a Return On Invested Capital of 13.01%. This is amongst the best in the industry. TK outperforms 88.73% of its industry peers.
TK had an Average Return On Invested Capital over the past 3 years of 14.35%. This 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 has a Profit Margin of 10.96%. This is comparable to the rest of the industry: TK outperforms 58.22% of its industry peers.
TK's Profit Margin has improved in the last couple of years.
TK has a Operating Margin of 27.27%. This is in the better half of the industry: TK outperforms 62.91% of its industry peers.
In the last couple of years the Operating Margin of TK has grown nicely.
The Gross Margin of TK (39.94%) is comparable to the rest of the industry.
TK's Gross Margin has been stable in the last couple of years.
| 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
TK has less shares outstanding than it did 5 years ago.
TK has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
TK has an Altman-Z score of 1.71. This is a bad value and indicates that TK is not financially healthy and even has some risk of bankruptcy.
TK has a Altman-Z score of 1.71. This is comparable to the rest of the industry: TK outperforms 58.69% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 1.71 |
ROIC/WACC1.38
WACC9.45%
2.3 Liquidity
TK has a Current Ratio of 6.99. This indicates that TK is financially healthy and has no problem in meeting its short term obligations.
TK's Current ratio of 6.99 is amongst the best of the industry. TK outperforms 94.37% of its industry peers.
A Quick Ratio of 6.65 indicates that TK has no problem at all paying its short term obligations.
The Quick ratio of TK (6.65) is better than 94.84% of its industry peers.
| 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.
The Earnings Per Share has been growing by 173.63% on average over the past years. This is a very strong growth
TK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.70%.
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
Based on the Price/Earnings ratio of 6.29, the valuation of TK can be described as very cheap.
TK's Price/Earnings ratio is rather cheap when compared to the industry. TK is cheaper than 87.79% of the companies in the same industry.
When comparing the Price/Earnings ratio of TK to the average of the S&P500 Index (26.31), we can say TK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| 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 | 1.92 | ||
| EV/EBITDA | -0.08 |
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
With a Yearly Dividend Yield of 23.23%, TK is a good candidate for dividend investing.
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.
Compared to an average S&P500 Dividend Yield of 2.39, TK pays a better dividend.
| 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 paid a dividend for at least 10 years, which is 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
9
+0.45 (+5.26%)
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 Cap752.04M
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 | 6.29 | ||
| Fwd PE | N/A | ||
| P/S | 0.62 | ||
| P/FCF | 1.92 | ||
| P/OCF | 1.61 | ||
| P/B | 1.06 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | -0.08 |
EPS(TTM)1.43
EY15.89%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)4.69
FCFY52.1%
OCF(TTM)5.59
OCFY62.12%
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 | 1.71 |
F-Score6
WACC9.45%
ROIC/WACC1.38
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%