Teekay Tankers Stock Fundamentals
| TNK Stock | USD 55.52 1.77 3.09% |
Teekay Tankers fundamentals help investors to digest information that contributes to Teekay Tankers' financial success or failures. It also enables traders to predict the movement of Teekay Stock. The fundamental analysis module provides a way to measure Teekay Tankers' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Teekay Tankers stock.
At this time, Teekay Tankers' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 655.6 M this year, although the value of Total Operating Expenses will most likely fall to about 38.5 M. Teekay | Select Account or Indicator |
Teekay Tankers Company Return On Equity Analysis
Teekay Tankers' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Teekay Tankers Return On Equity | 0.4 |
Most of Teekay Tankers' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Teekay Tankers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Teekay Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Teekay Tankers has a Return On Equity of 0.3958. This is 119.99% lower than that of the Oil, Gas & Consumable Fuels sector and 87.9% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.
Teekay Tankers Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Teekay Tankers's current stock value. Our valuation model uses many indicators to compare Teekay Tankers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Teekay Tankers competition to find correlations between indicators driving Teekay Tankers's intrinsic value. More Info.Teekay Tankers is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Teekay Tankers is roughly 2.20 . At this time, Teekay Tankers' Return On Equity is quite stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Teekay Tankers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Teekay Tankers' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Teekay Tankers' earnings, one of the primary drivers of an investment's value.Teekay Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teekay Tankers' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Teekay Tankers could also be used in its relative valuation, which is a method of valuing Teekay Tankers by comparing valuation metrics of similar companies.Teekay Tankers is currently under evaluation in return on equity category among related companies.
Teekay Tankers Current Valuation Drivers
We derive many important indicators used in calculating different scores of Teekay Tankers from analyzing Teekay Tankers' financial statements. These drivers represent accounts that assess Teekay Tankers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Teekay Tankers' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 808.5M | 373.5M | 369.1M | 1.1B | 1.7B | 1.8B | |
| Enterprise Value | 1.8B | 893.2M | 972.5M | 1.5B | 1.6B | 980.2M |
Teekay Fundamentals
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.18 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | 1.75 B | ||||
| Shares Outstanding | 29.5 M | ||||
| Shares Owned By Insiders | 17.54 % | ||||
| Shares Owned By Institutions | 62.16 % | ||||
| Number Of Shares Shorted | 774.23 K | ||||
| Price To Earning | 12.95 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 1.36 B | ||||
| Gross Profit | 389.69 M | ||||
| EBITDA | 624.35 M | ||||
| Net Income | 513.67 M | ||||
| Cash And Equivalents | 180.51 M | ||||
| Cash Per Share | 2.00 X | ||||
| Total Debt | 215.91 M | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 44.75 X | ||||
| Cash Flow From Operations | 626.07 M | ||||
| Short Ratio | 2.12 X | ||||
| Earnings Per Share | 14.86 X | ||||
| Price To Earnings To Growth | 31.59 X | ||||
| Target Price | 69.83 | ||||
| Number Of Employees | 1.59 K | ||||
| Beta | -0.29 | ||||
| Market Capitalization | 1.89 B | ||||
| Total Asset | 1.87 B | ||||
| Retained Earnings | 220.02 M | ||||
| Working Capital | 474.21 M | ||||
| Current Asset | 279.81 M | ||||
| Current Liabilities | 289.65 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 6.35 % | ||||
| Net Asset | 1.87 B | ||||
| Last Dividend Paid | 1.0 |
About Teekay Tankers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teekay Tankers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teekay Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teekay Tankers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 12.6 M | 13.2 M | |
| Total Revenue | 1.4 B | 1.4 B | |
| Cost Of Revenue | 791.7 M | 831.3 M | |
| Stock Based Compensation To Revenue | 0.03 | 0.06 | |
| Sales General And Administrative To Revenue | 0.05 | 0.07 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 39.47 | 37.43 | |
| Ebit Per Revenue | 0.39 | 0.41 |
Currently Active Assets on Macroaxis
When determining whether Teekay Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:Check out Teekay Tankers Piotroski F Score and Teekay Tankers Altman Z Score analysis. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Teekay Stock analysis
When running Teekay Tankers' price analysis, check to measure Teekay Tankers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teekay Tankers is operating at the current time. Most of Teekay Tankers' value examination focuses on studying past and present price action to predict the probability of Teekay Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay Tankers' price. Additionally, you may evaluate how the addition of Teekay Tankers to your portfolios can decrease your overall portfolio volatility.
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Is Teekay Tankers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 1 | Earnings Share 14.86 | Revenue Per Share 39.943 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.