TSAKOS ENERGY NAVIGATION LTD (TNP)
BMG9108L1735 - Common Stock
Overall TNP gets a fundamental rating of 4 out of 10. We evaluated TNP against 214 industry peers in the Oil, Gas & Consumable Fuels industry. TNP has a medium profitability rating, but doesn't score so well on its financial health evaluation. TNP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
TNP had positive earnings in the past year.
In multiple years TNP reported negative net income over the last 5 years.
Of the past 5 years TNP 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.93%, TNP is in line with its industry, outperforming 54.67% of the companies in the same industry.
TNP has a Return On Equity (16.14%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.93% | ||
| ROE | 16.14% | ||
| ROIC | N/A |
ROA(3y)2.18%
ROA(5y)1.04%
ROE(3y)4.16%
ROE(5y)1.89%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 29.99%, TNP is doing good in the industry, outperforming 71.50% of the companies in the same industry.
With a decent Operating Margin value of 37.85%, TNP is doing good in the industry, outperforming 69.16% of the companies in the same industry.
In the last couple of years the Operating Margin of TNP has grown nicely.
With a decent Gross Margin value of 57.82%, TNP is doing good in the industry, outperforming 62.15% of the companies in the same industry.
In the last couple of years the Gross Margin of TNP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.85% | ||
| PM (TTM) | 29.99% | ||
| GM | 57.82% |
OM growth 3Y22.72%
OM growth 5Y39.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.69%
GM growth 5Y7.64%
2. Health
2.1 Basic Checks
TNP does not have a ROIC to compare to the WACC, probably because it is not profitable.
TNP has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TNP has been increased compared to 5 years ago.
TNP has a better debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.95 indicates that TNP is somewhat dependend on debt financing.
TNP's Debt to Equity ratio of 0.95 is on the low side compared to the rest of the industry. TNP is outperformed by 70.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC4.61%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TNP shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.36%.
The Earnings Per Share has been growing by 109.69% on average over the past years. This is a very strong growth
Looking at the last year, TNP shows a small growth in Revenue. The Revenue has grown by 3.40% in the last year.
The Revenue has been growing by 10.92% on average over the past years. This is quite good.
EPS 1Y (TTM)7.36%
EPS 3Y109.69%
EPS 5YN/A
EPS growth Q2Q-73.19%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y11.36%
Revenue growth 5Y10.92%
Revenue growth Q2Q-18.52%
3.2 Future
Based on estimates for the next years, TNP will show a very strong growth in Earnings Per Share. The EPS will grow by 28.51% on average per year.
Based on estimates for the next years, TNP will show a small growth in Revenue. The Revenue will grow by 5.69% on average per year.
EPS Next Y48.76%
EPS Next 2Y26.27%
EPS Next 3Y28.51%
EPS Next 5YN/A
Revenue Next Year4.5%
Revenue Next 2Y3.07%
Revenue Next 3Y5.69%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
The Price/Earnings ratio is 4.11, which indicates a rather cheap valuation of TNP.
Compared to the rest of the industry, the Price/Earnings ratio of TNP indicates a rather cheap valuation: TNP is cheaper than 92.99% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TNP to the average of the S&P500 Index (24.67), we can say TNP is valued rather cheaply.
With a Price/Forward Earnings ratio of 2.76, the valuation of TNP can be described as very cheap.
Based on the Price/Forward Earnings ratio, TNP is valued cheaper than 99.53% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.02. TNP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.11 | ||
| Fwd PE | 2.76 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TNP's earnings are expected to grow with 28.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y26.27%
EPS Next 3Y28.51%
5. Dividend
5.1 Amount
TNP has a Yearly Dividend Yield of 2.37%.
TNP's Dividend Yield is comparable with the industry average which is at 5.73.
TNP's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
5.2 History
The dividend of TNP decreases each year by -7.20%.
TNP has paid a dividend for at least 10 years, which is a reliable track record.
TNP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-7.2%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DP0%
EPS Next 2Y26.27%
EPS Next 3Y28.51%
TSAKOS ENERGY NAVIGATION LTD
NYSE:TNP (4/30/2024, 5:31:36 PM)
After market: 25.87 +0.09 (+0.35%)25.78
+0.05 (+0.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap760.77M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.11 | ||
| Fwd PE | 2.76 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.93% | ||
| ROE | 16.14% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 37.85% | ||
| PM (TTM) | 29.99% | ||
| GM | 57.82% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)7.36%
EPS 3Y109.69%
EPS 5Y
EPS growth Q2Q
EPS Next Y48.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.4%
Revenue growth 3Y11.36%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y