TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
USA - NYSE:TNK - BMG8726X1065 - Common Stock
62.49 USD
+0.02 (+0.03%)
62.49 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TNK. TNK was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. TNK gets an excellent profitability rating and is at the same time showing great financial health properties. TNK 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 TNK was profitable.
TNK had a positive operating cash flow in the past year.
TNK had positive earnings in 4 of the past 5 years.
Of the past 5 years TNK 4 years had a positive operating cash flow.
1.2 Ratios
TNK has a better Return On Assets (15.32%) than 94.29% of its industry peers.
With a decent Return On Equity value of 16.77%, TNK is doing good in the industry, outperforming 79.05% of the companies in the same industry.
TNK has a Return On Invested Capital of 7.35%. This is in the better half of the industry: TNK outperforms 66.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TNK is below the industry average of 21.72%.
The last Return On Invested Capital (7.35%) for TNK is well below the 3 year average (17.28%), which needs to be investigated, but indicates that TNK had better years and this may not be a problem.
| 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
TNK has a Profit Margin of 31.00%. This is amongst the best in the industry. TNK outperforms 88.10% of its industry peers.
In the last couple of years the Profit Margin of TNK has grown nicely.
TNK has a Operating Margin of 17.80%. This is comparable to the rest of the industry: TNK outperforms 51.90% of its industry peers.
TNK's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 30.51%, TNK is in line with its industry, outperforming 42.38% of the companies in the same 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
TNK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TNK has more shares outstanding
TNK has more shares outstanding than it did 5 years ago.
TNK 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
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/WACC0.85
WACC8.7%
2.3 Liquidity
A Current Ratio of 8.78 indicates that TNK has no problem at all paying its short term obligations.
TNK has a Current ratio of 8.78. This is amongst the best in the industry. TNK outperforms 93.81% of its industry peers.
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.
The Quick ratio of TNK (8.47) is better than 93.33% 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%.
Measured over the past years, TNK shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.31% on average per year.
Looking at the last year, TNK shows a very negative growth in Revenue. The Revenue has decreased by -12.32% in the last year.
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 -11.55% on average per year.
Based on estimates for the next years, TNK will show a very negative growth in Revenue. The Revenue will decrease by -16.93% on average per year.
EPS Next Y-37.01%
EPS Next 2Y-18.63%
EPS Next 3Y-11.55%
EPS Next 5YN/A
Revenue Next Year-15.38%
Revenue Next 2Y-22.43%
Revenue Next 3Y-16.93%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 11.04, the valuation of TNK can be described as reasonable.
Based on the Price/Earnings ratio, TNK is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
TNK is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
TNK is valuated reasonably with a Price/Forward Earnings ratio of 9.15.
Based on the Price/Forward Earnings ratio, TNK is valued cheaper than 80.95% of the companies in the same industry.
TNK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
TNK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TNK is cheaper than 76.19% of the companies in the same industry.
TNK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.57 | ||
| EV/EBITDA | 4.82 |
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 -11.55% in the coming years.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-18.63%
EPS Next 3Y-11.55%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 1.62%. Purely for dividend investing, there may be better candidates out there.
TNK's Dividend Yield is comparable with the industry average which is at 5.87.
Compared to the average S&P500 Dividend Yield of 2.44, TNK is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
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.
TNK has decreased its dividend recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
TNK pays out 21.29% of its income as dividend. This is a sustainable payout ratio.
DP21.29%
EPS Next 2Y-18.63%
EPS Next 3Y-11.55%
62.49
+0.02 (+0.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners65.13%
Inst Owner Change-94.91%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.16B
Revenue(TTM)1.04B
Net Income(TTM)323.84M
Analysts81.67
Price Target58.96 (-5.65%)
Short Float %3.28%
Short Ratio1.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
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)6.64%
PT rev (3m)9.06%
EPS NQ rev (1m)-33.72%
EPS NQ rev (3m)-33.72%
EPS NY rev (1m)-38.67%
EPS NY rev (3m)-38.67%
Revenue NQ rev (1m)-42.98%
Revenue NQ rev (3m)-42.98%
Revenue NY rev (1m)14.23%
Revenue NY rev (3m)17.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.04 | ||
| Fwd PE | 9.15 | ||
| P/S | 2.07 | ||
| P/FCF | 21.57 | ||
| P/OCF | 7.38 | ||
| P/B | 1.12 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 4.82 |
EPS(TTM)5.66
EY9.06%
EPS(NY)6.83
Fwd EY10.92%
FCF(TTM)2.9
FCFY4.64%
OCF(TTM)8.47
OCFY13.56%
SpS30.25
BVpS55.93
TBVpS55.23
PEG (NY)N/A
PEG (5Y)0.27
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
WACC8.7%
ROIC/WACC0.85
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-18.63%
EPS Next 3Y-11.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.32%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-5.86%
Revenue Next Year-15.38%
Revenue Next 2Y-22.43%
Revenue Next 3Y-16.93%
Revenue Next 5YN/A
EBIT growth 1Y-52.42%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-22.31%
EBIT Next 3Y-8.17%
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 11.04 and the Price/Book (PB) ratio is 1.12.
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.