TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
NYSE:TNK - New York Stock Exchange, Inc. - BMG8726X1065 - Common Stock - Currency: USD
Taking everything into account, TNK scores 7 out of 10 in our fundamental rating. TNK was compared to 213 industry peers in the Oil, Gas & Consumable Fuels industry. TNK scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TNK is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make TNK a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year TNK was profitable.
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
With an excellent Return On Assets value of 20.45%, TNK belongs to the best of the industry, outperforming 94.37% of the companies in the same industry.
TNK's Return On Equity of 22.98% is amongst the best of the industry. TNK outperforms 86.39% of its industry peers.
TNK has a better Return On Invested Capital (14.91%) than 89.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TNK is significantly below the industry average of 25.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.45% | ||
| ROE | 22.98% | ||
| ROIC | 14.91% |
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
The Profit Margin of TNK (32.84%) is better than 84.51% of its industry peers.
TNK's Profit Margin has improved in the last couple of years.
The Operating Margin of TNK (28.28%) is better than 64.79% of its industry peers.
TNK's Operating Margin has improved in the last couple of years.
TNK has a Gross Margin of 39.69%. This is comparable to the rest of the industry: TNK outperforms 46.95% of its industry peers.
TNK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.28% | ||
| PM (TTM) | 32.84% | ||
| GM | 39.69% |
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) just above the Cost of Capital (WACC), TNK is creating some value.
Compared to 1 year ago, TNK has more shares outstanding
The number of shares outstanding for TNK has been increased compared to 5 years ago.
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
TNK has an Altman-Z score of 6.00. This indicates that TNK is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.00, TNK belongs to the best of the industry, outperforming 92.49% of the companies in the same industry.
TNK 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 | 6 |
ROIC/WACC1.43
WACC10.41%
2.3 Liquidity
TNK has a Current Ratio of 5.66. This indicates that TNK is financially healthy and has no problem in meeting its short term obligations.
TNK has a better Current ratio (5.66) than 91.55% of its industry peers.
A Quick Ratio of 5.32 indicates that TNK has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 5.32, TNK belongs to the best of the industry, outperforming 92.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.66 | ||
| Quick Ratio | 5.32 |
3. Growth
3.1 Past
TNK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.79%.
TNK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 47.81% yearly.
Looking at the last year, TNK shows a very strong growth in Revenue. The Revenue has grown by 25.11%.
TNK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.67% yearly.
EPS 1Y (TTM)-42.79%
EPS 3Y47.81%
EPS 5YN/A
EPS Q2Q%-68.65%
Revenue 1Y (TTM)25.11%
Revenue growth 3Y18.47%
Revenue growth 5Y13.67%
Sales Q2Q%-31.54%
3.2 Future
The Earnings Per Share is expected to decrease by -9.14% on average over the next years.
The Revenue is expected to decrease by -7.29% on average over the next years.
EPS Next Y-29.32%
EPS Next 2Y-15.01%
EPS Next 3Y-21.37%
EPS Next 5Y-9.14%
Revenue Next Year22.13%
Revenue Next 2Y-9.94%
Revenue Next 3Y-9.75%
Revenue Next 5Y-7.29%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 5.81, which indicates a rather cheap valuation of TNK.
Based on the Price/Earnings ratio, TNK is valued cheaply inside the industry as 86.39% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.82. TNK is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 4.21, which indicates a rather cheap valuation of TNK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TNK indicates a rather cheap valuation: TNK is cheaper than 94.84% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. TNK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.81 | ||
| Fwd PE | 4.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNK is valued cheaper than 93.90% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TNK is valued cheaper than 91.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.86 | ||
| EV/EBITDA | 2.11 |
4.3 Compensation for Growth
TNK has a very decent profitability rating, which may justify a higher PE ratio.
TNK's earnings are expected to decrease with -21.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.01%
EPS Next 3Y-21.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.18%, TNK has a reasonable but not impressive dividend return.
TNK's Dividend Yield is comparable with the industry average which is at 6.77.
TNK's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
5.2 History
The dividend of TNK is nicely growing with an annual growth rate of 20.75%!
TNK has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TNK decreased recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
25.47% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
DP25.47%
EPS Next 2Y-15.01%
EPS Next 3Y-21.37%
44.53
+1.23 (+2.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners59.88%
Inst Owner Change-19.5%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.53B
Analysts81.82
Price Target60.01 (34.76%)
Short Float %4.06%
Short Ratio1.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP25.47%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-21.81%
Min EPS beat(2)-34.43%
Max EPS beat(2)-9.19%
EPS beat(4)2
Avg EPS beat(4)-10.03%
Min EPS beat(4)-34.43%
Max EPS beat(4)2.53%
EPS beat(8)4
Avg EPS beat(8)-4.26%
EPS beat(12)7
Avg EPS beat(12)3.83%
EPS beat(16)10
Avg EPS beat(16)4.45%
Revenue beat(2)2
Avg Revenue beat(2)28.23%
Min Revenue beat(2)18.31%
Max Revenue beat(2)38.15%
Revenue beat(4)4
Avg Revenue beat(4)36.89%
Min Revenue beat(4)18.31%
Max Revenue beat(4)51.2%
Revenue beat(8)7
Avg Revenue beat(8)29.56%
Revenue beat(12)11
Avg Revenue beat(12)57.33%
Revenue beat(16)15
Avg Revenue beat(16)70.63%
PT rev (1m)0%
PT rev (3m)-7.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)73.51%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-10.08%
Revenue NQ rev (3m)-37.86%
Revenue NY rev (1m)-5.85%
Revenue NY rev (3m)-9.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.81 | ||
| Fwd PE | 4.21 | ||
| P/S | 1.25 | ||
| P/FCF | 3.86 | ||
| P/OCF | 3.24 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 2.11 |
EPS(TTM)7.66
EY17.2%
EPS(NY)10.59
Fwd EY23.78%
FCF(TTM)11.53
FCFY25.9%
OCF(TTM)13.73
OCFY30.83%
SpS35.76
BVpS51.09
TBVpS51.01
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.45% | ||
| ROE | 22.98% | ||
| ROCE | 18.88% | ||
| ROIC | 14.91% | ||
| ROICexc | 21.01% | ||
| ROICexgc | 21.05% | ||
| OM | 28.28% | ||
| PM (TTM) | 32.84% | ||
| GM | 39.69% | ||
| FCFM | 32.26% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 80.51% | ||
| Cap/Sales | 6.13% | ||
| Interest Coverage | 62.09 | ||
| Cash Conversion | 106.94% | ||
| Profit Quality | 98.24% | ||
| Current Ratio | 5.66 | ||
| Quick Ratio | 5.32 | ||
| Altman-Z | 6 |
F-Score5
WACC10.41%
ROIC/WACC1.43
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)-42.79%
EPS 3Y47.81%
EPS 5YN/A
EPS Q2Q%-68.65%
EPS Next Y-29.32%
EPS Next 2Y-15.01%
EPS Next 3Y-21.37%
EPS Next 5Y-9.14%
Revenue 1Y (TTM)25.11%
Revenue growth 3Y18.47%
Revenue growth 5Y13.67%
Sales Q2Q%-31.54%
Revenue Next Year22.13%
Revenue Next 2Y-9.94%
Revenue Next 3Y-9.75%
Revenue Next 5Y-7.29%
EBIT growth 1Y-34%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-11.44%
EBIT Next 3Y3.32%
EBIT Next 5YN/A
FCF growth 1Y-36.15%
FCF growth 3YN/A
FCF growth 5Y30.17%
OCF growth 1Y-25.24%
OCF growth 3YN/A
OCF growth 5Y32.01%