TEEKAY TANKERS LTD-CLASS A (TNK) Stock Fundamental Analysis
NYSE:TNK - New York Stock Exchange, Inc. - BMG8726X1065 - Common Stock - Currency: USD
Overall TNK gets a fundamental rating of 6 out of 10. We evaluated TNK against 208 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 is valued quite cheap, but it does not seem to be growing. These ratings would make TNK suitable for value investing!
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.
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's Return On Assets of 16.55% is amongst the best of the industry. TNK outperforms 93.75% of its industry peers.
TNK's Return On Equity of 18.36% is fine compared to the rest of the industry. TNK outperforms 79.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.62%, TNK is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TNK is significantly below the industry average of 23.87%.
The 3 year average ROIC (17.28%) for TNK is well above the current ROIC(10.62%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.55% | ||
| ROE | 18.36% | ||
| ROIC | 10.62% |
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's Profit Margin of 29.83% is amongst the best of the industry. TNK outperforms 82.21% of its industry peers.
TNK's Profit Margin has improved in the last couple of years.
The Operating Margin of TNK (22.83%) is comparable to the rest of the industry.
TNK's Operating Margin has improved in the last couple of years.
The Gross Margin of TNK (34.94%) 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 | 22.83% | ||
| PM (TTM) | 29.83% | ||
| GM | 34.94% |
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.
TNK has more shares outstanding than it did 1 year ago.
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 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 | N/A |
ROIC/WACC1.13
WACC9.41%
2.3 Liquidity
A Current Ratio of 8.05 indicates that TNK has no problem at all paying its short term obligations.
TNK has a better Current ratio (8.05) than 95.19% of its industry peers.
A Quick Ratio of 7.72 indicates that TNK has no problem at all paying its short term obligations.
TNK has a Quick ratio of 7.72. This is amongst the best in the industry. TNK outperforms 95.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.05 | ||
| Quick Ratio | 7.72 |
3. Growth
3.1 Past
The earnings per share for TNK have decreased strongly by -42.79% in the last year.
Measured over the past years, TNK shows a very strong growth in Earnings Per Share. The EPS has been growing by 56.73% on average per year.
TNK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.18%.
Measured over the past years, TNK shows a small growth in Revenue. The Revenue has been growing by 5.43% on average per year.
EPS 1Y (TTM)-42.79%
EPS 3YN/A
EPS 5Y56.73%
EPS Q2Q%-68.65%
Revenue 1Y (TTM)-14.18%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-31.54%
3.2 Future
Based on estimates for the next years, TNK will show a decrease in Earnings Per Share. The EPS will decrease by -1.41% 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 -15.42% on average per year.
EPS Next Y2.2%
EPS Next 2Y-17.12%
EPS Next 3Y-1.41%
EPS Next 5YN/A
Revenue Next Year-11.9%
Revenue Next 2Y-18.53%
Revenue Next 3Y-15.42%
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.
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 5.83, the valuation of TNK can be described as very cheap.
87.02% of the companies in the same industry are more expensive than TNK, based on the Price/Earnings ratio.
TNK is valuated cheaply when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.28, the valuation of TNK can be described as very cheap.
87.98% of the companies in the same industry are more expensive than TNK, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 37.78. TNK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.83 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TNK indicates a rather cheap valuation: TNK is cheaper than 93.75% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNK indicates a rather cheap valuation: TNK is cheaper than 90.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.84 | ||
| EV/EBITDA | 2.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TNK does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of TNK may justify a higher PE ratio.
PEG (NY)2.66
PEG (5Y)0.1
EPS Next 2Y-17.12%
EPS Next 3Y-1.41%
5. Dividend
5.1 Amount
TNK has a Yearly Dividend Yield of 2.21%.
TNK's Dividend Yield is comparable with the industry average which is at 6.37.
TNK's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
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.
The dividend of TNK decreased recently.
Dividend Growth(5Y)20.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
30.71% of the earnings are spent on dividend by TNK. This is a low number and sustainable payout ratio.
DP30.71%
EPS Next 2Y-17.12%
EPS Next 3Y-1.41%
44.68
+0.51 (+1.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners60.81%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.54B
Analysts81.82
Price Target54.47 (21.91%)
Short Float %3.71%
Short Ratio1.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
Yearly Dividend3
Dividend Growth(5Y)20.75%
DP30.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-45.36%
Min EPS beat(2)-56.3%
Max EPS beat(2)-34.43%
EPS beat(4)1
Avg EPS beat(4)-24.74%
Min EPS beat(4)-56.3%
Max EPS beat(4)0.97%
EPS beat(8)3
Avg EPS beat(8)-13.29%
EPS beat(12)6
Avg EPS beat(12)-4.26%
EPS beat(16)9
Avg EPS beat(16)-0.28%
Revenue beat(2)2
Avg Revenue beat(2)30.9%
Min Revenue beat(2)29.32%
Max Revenue beat(2)32.49%
Revenue beat(4)4
Avg Revenue beat(4)30%
Min Revenue beat(4)18.31%
Max Revenue beat(4)39.89%
Revenue beat(8)7
Avg Revenue beat(8)31.28%
Revenue beat(12)11
Avg Revenue beat(12)44.2%
Revenue beat(16)15
Avg Revenue beat(16)68.99%
PT rev (1m)-10%
PT rev (3m)-9.24%
EPS NQ rev (1m)-7.61%
EPS NQ rev (3m)-30.27%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-4.22%
Revenue NQ rev (3m)-7.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)24.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.83 | ||
| Fwd PE | 6.28 | ||
| P/S | 1.37 | ||
| P/FCF | 4.84 | ||
| P/OCF | 3.85 | ||
| P/B | 0.84 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 2.31 |
EPS(TTM)7.66
EY17.14%
EPS(NY)7.12
Fwd EY15.93%
FCF(TTM)9.23
FCFY20.67%
OCF(TTM)11.59
OCFY25.95%
SpS32.55
BVpS52.89
TBVpS52.7
PEG (NY)2.66
PEG (5Y)0.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.55% | ||
| ROE | 18.36% | ||
| ROCE | 13.45% | ||
| ROIC | 10.62% | ||
| ROICexc | 16.73% | ||
| ROICexgc | 16.82% | ||
| OM | 22.83% | ||
| PM (TTM) | 29.83% | ||
| GM | 34.94% | ||
| FCFM | 28.37% |
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 Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 87.03% | ||
| Cap/Sales | 7.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 114.32% | ||
| Profit Quality | 95.09% | ||
| Current Ratio | 8.05 | ||
| Quick Ratio | 7.72 | ||
| Altman-Z | N/A |
F-Score5
WACC9.41%
ROIC/WACC1.13
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 3YN/A
EPS 5Y56.73%
EPS Q2Q%-68.65%
EPS Next Y2.2%
EPS Next 2Y-17.12%
EPS Next 3Y-1.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-14.18%
Revenue growth 3Y31.36%
Revenue growth 5Y5.43%
Sales Q2Q%-31.54%
Revenue Next Year-11.9%
Revenue Next 2Y-18.53%
Revenue Next 3Y-15.42%
Revenue Next 5YN/A
EBIT growth 1Y-45.62%
EBIT growth 3YN/A
EBIT growth 5Y21.86%
EBIT Next Year-14.14%
EBIT Next 3Y2.18%
EBIT Next 5YN/A
FCF growth 1Y-12.37%
FCF growth 3YN/A
FCF growth 5Y30.17%
OCF growth 1Y6.56%
OCF growth 3YN/A
OCF growth 5Y32.01%