TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNK - BMG8726X1065 - Common Stock
53.85 USD
-1.48 (-2.67%)
53.85 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TNK. TNK was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making TNK a very profitable company, without any liquidiy or solvency issues. TNK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TNK had positive earnings in the past year.
In the past year TNK had a positive cash flow from operations.
Of the past 5 years TNK 4 years were profitable.
TNK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TNK has a Return On Assets of 15.32%. This is amongst the best in the industry. TNK outperforms 94.26% of its industry peers.
TNK's Return On Equity of 16.77% is amongst the best of the industry. TNK outperforms 81.82% of its industry peers.
TNK has a Return On Invested Capital of 7.35%. This is in the better half of the industry: TNK outperforms 66.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TNK is below the industry average of 20.87%.
The 3 year average ROIC (17.28%) for TNK is well above the current ROIC(7.35%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.32% | ||
| ROE | 16.77% | ||
| ROIC | 7.35% |
ROA(3y)20.14%
ROA(5y)10.04%
ROE(3y)26.17%
ROE(5y)11.54%
ROIC(3y)17.28%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 31.00%, TNK belongs to the best of the industry, outperforming 89.00% of the companies in the same industry.
TNK's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 17.80%, TNK perfoms like the industry average, outperforming 51.67% of the companies in the same industry.
TNK's Operating Margin has improved in the last couple of years.
The Gross Margin of TNK (30.51%) is comparable to the rest of the industry.
TNK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.8% | ||
| PM (TTM) | 31% | ||
| GM | 30.51% |
OM growth 3YN/A
OM growth 5Y15.59%
PM growth 3YN/A
PM growth 5Y49.57%
GM growth 3Y64.82%
GM growth 5Y5.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TNK is creating value.
TNK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TNK has more shares outstanding
There is no outstanding debt for TNK. 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
There is no outstanding debt for TNK. 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 | N/A |
ROIC/WACC0.84
WACC8.72%
2.3 Liquidity
A Current Ratio of 8.78 indicates that TNK has no problem at all paying its short term obligations.
With an excellent Current ratio value of 8.78, TNK belongs to the best of the industry, outperforming 93.78% of the companies in the same industry.
TNK has a Quick Ratio of 8.47. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
TNK has a better Quick ratio (8.47) than 93.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 |
3. Growth
3.1 Past
TNK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -51.71%.
TNK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.31% yearly.
The Revenue for TNK has decreased by -12.32% in the past year. This is quite bad
The Revenue has been growing slightly by 5.43% on average over the past years.
EPS 1Y (TTM)-51.71%
EPS 3YN/A
EPS 5Y41.31%
EPS Q2Q%-16.3%
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
3.2 Future
Based on estimates for the next years, TNK will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.52% on average per year.
The Revenue is expected to decrease by -16.03% on average over the next years. This is quite bad
EPS Next Y-37.01%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
EPS Next 5YN/A
Revenue Next Year-14.53%
Revenue Next 2Y-21.59%
Revenue Next 3Y-16.03%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 9.51, the valuation of TNK can be described as very reasonable.
82.30% of the companies in the same industry are more expensive than TNK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TNK to the average of the S&P500 Index (26.28), we can say TNK is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.31, the valuation of TNK can be described as very reasonable.
TNK's Price/Forward Earnings ratio is rather cheap when compared to the industry. TNK is cheaper than 84.21% of the companies in the same industry.
TNK is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 8.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNK is valued cheaper than 83.25% of the companies in the same industry.
TNK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.59 | ||
| EV/EBITDA | 3.92 |
4.3 Compensation for Growth
The decent profitability rating of TNK may justify a higher PE ratio.
A cheap valuation may be justified as TNK's earnings are expected to decrease with -14.52% in the coming years.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.71, TNK has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.31, TNK is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
On average, the dividend of TNK grows each year by 20.75%, which is quite nice.
TNK has paid a dividend for at least 10 years, which is a reliable track record.
TNK has decreased its dividend recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
21.29% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
DP21.29%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
53.85
-1.48 (-2.67%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.1%
Inst Owner Change-94.91%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.86B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target63.44 (17.81%)
Short Float %4.59%
Short Ratio2.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP21.29%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.82%
Min EPS beat(2)-15.89%
Max EPS beat(2)12.25%
EPS beat(4)2
Avg EPS beat(4)-1.96%
Min EPS beat(4)-15.89%
Max EPS beat(4)12.25%
EPS beat(8)4
Avg EPS beat(8)-3.82%
EPS beat(12)7
Avg EPS beat(12)1.76%
EPS beat(16)10
Avg EPS beat(16)5.29%
Revenue beat(2)2
Avg Revenue beat(2)34.83%
Min Revenue beat(2)21.53%
Max Revenue beat(2)48.12%
Revenue beat(4)4
Avg Revenue beat(4)35.07%
Min Revenue beat(4)21.53%
Max Revenue beat(4)48.12%
Revenue beat(8)8
Avg Revenue beat(8)35.2%
Revenue beat(12)11
Avg Revenue beat(12)35.13%
Revenue beat(16)15
Avg Revenue beat(16)59.3%
PT rev (1m)7.61%
PT rev (3m)17.8%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)-36.06%
EPS NY rev (1m)-2.63%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-42.98%
Revenue NY rev (1m)52.37%
Revenue NY rev (3m)15.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 8.31 | ||
| P/S | 1.78 | ||
| P/FCF | 18.59 | ||
| P/OCF | 6.36 | ||
| P/B | 0.96 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 3.92 |
EPS(TTM)5.66
EY10.51%
EPS(NY)6.48
Fwd EY12.04%
FCF(TTM)2.9
FCFY5.38%
OCF(TTM)8.47
OCFY15.73%
SpS30.25
BVpS55.93
TBVpS55.23
PEG (NY)N/A
PEG (5Y)0.23
Graham Number84.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.32% | ||
| ROE | 16.77% | ||
| ROCE | 9.31% | ||
| ROIC | 7.35% | ||
| ROICexc | 12.23% | ||
| ROICexgc | 12.48% | ||
| OM | 17.8% | ||
| PM (TTM) | 31% | ||
| GM | 30.51% | ||
| FCFM | 9.57% |
ROA(3y)20.14%
ROA(5y)10.04%
ROE(3y)26.17%
ROE(5y)11.54%
ROIC(3y)17.28%
ROIC(5y)N/A
ROICexc(3y)21.93%
ROICexc(5y)N/A
ROICexgc(3y)21.98%
ROICexgc(5y)N/A
ROCE(3y)21.88%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y31.45%
ROICexc growth 3YN/A
ROICexc growth 5Y31.47%
OM growth 3YN/A
OM growth 5Y15.59%
PM growth 3YN/A
PM growth 5Y49.57%
GM growth 3Y64.82%
GM growth 5Y5.27%
F-Score4
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 214.92% | ||
| Cap/Sales | 18.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.18% | ||
| Profit Quality | 30.88% | ||
| Current Ratio | 8.78 | ||
| Quick Ratio | 8.47 | ||
| Altman-Z | N/A |
F-Score4
WACC8.72%
ROIC/WACC0.84
Cap/Depr(3y)35.52%
Cap/Depr(5y)28.08%
Cap/Sales(3y)2.71%
Cap/Sales(5y)2.78%
Profit Quality(3y)98.65%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-51.71%
EPS 3YN/A
EPS 5Y41.31%
EPS Q2Q%-16.3%
EPS Next Y-37.01%
EPS Next 2Y-20.7%
EPS Next 3Y-14.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
Revenue Next Year-14.53%
Revenue Next 2Y-21.59%
Revenue Next 3Y-16.03%
Revenue Next 5YN/A
EBIT growth 1Y-52.42%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-35.68%
EBIT Next 3Y-18.61%
EBIT Next 5YN/A
FCF growth 1Y-84.1%
FCF growth 3YN/A
FCF growth 5Y30.17%
OCF growth 1Y-54.21%
OCF growth 3YN/A
OCF growth 5Y32.01%
TEEKAY TANKERS LTD-CLASS A / TNK FAQ
What is the ChartMill fundamental rating of TEEKAY TANKERS LTD-CLASS A (TNK) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TNK.
Can you provide the valuation status for TEEKAY TANKERS LTD-CLASS A?
ChartMill assigns a valuation rating of 6 / 10 to TEEKAY TANKERS LTD-CLASS A (TNK). This can be considered as Fairly Valued.
How profitable is TEEKAY TANKERS LTD-CLASS A (TNK) stock?
TEEKAY TANKERS LTD-CLASS A (TNK) has a profitability rating of 7 / 10.
What are the PE and PB ratios of TEEKAY TANKERS LTD-CLASS A (TNK) stock?
The Price/Earnings (PE) ratio for TEEKAY TANKERS LTD-CLASS A (TNK) is 9.51 and the Price/Book (PB) ratio is 0.96.
What is the expected EPS growth for TEEKAY TANKERS LTD-CLASS A (TNK) stock?
The Earnings per Share (EPS) of TEEKAY TANKERS LTD-CLASS A (TNK) is expected to decline by -37.01% in the next year.