Scorpio Tankers Inc.
Find Ratings ReportsSCORPIO TANKERS INC's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income fell significantly; although net income growth outperformed the average competitor in its subsector, revenue growth did not. SCORPIO TANKERS INC has average liquidity. Currently, the Quick Ratio is 1.10 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 1.87% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 336.31 | 493.72 |
EBITDA ($mil) | 226.38 | 347.74 |
EBIT ($mil) | 175.72 | 296.54 |
Net Income ($mil) | 120.89 | 264.4 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 355.55 | 376.87 |
Total Assets ($mil) | 4228.65 | 4559.16 |
Total Debt ($mil) | 1588.29 | 1932.1 |
Equity ($mil) | 2553.71 | 2506.81 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 74.37 | 75.78 |
EBITDA Margin | 67.31 | 70.43 |
Operating Margin | 52.25 | 60.06 |
Sales Turnover | 0.32 | 0.34 |
Return on Assets | 12.93 | 13.97 |
Return on Equity | 21.42 | 25.42 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.13 | 1.45 |
Debt/Capital | 0.38 | 0.44 |
Interest Expense | 39.01 | 44.46 |
Interest Coverage | 4.5 | 6.67 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 53.11 | 61.26 |
Div / share | 0.35 | 0.1 |
EPS | 2.34 | 4.37 |
Book value / share | 48.09 | 40.92 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1361400.0 | 989323.0 |
BUY. SCORPIO TANKERS INC's P/E ratio indicates a significant discount compared to an average of 19.67 for the Water Transportation subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 1.50 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 4.67. The price-to-sales ratio is similar to the S&P 500 average, but it is significantly above the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, SCORPIO TANKERS INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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STNG 7.23 | Peers 19.67 | STNG 4.41 | Peers 5.71 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. STNG is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. STNG is trading at a discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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STNG 6.95 | Peers 8.38 | STNG 0.21 | Peers 0.94 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. STNG is trading at a significant discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. STNG trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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STNG 1.50 | Peers 4.67 | STNG -2.74 | Peers 128.83 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. STNG is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, STNG is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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STNG 2.85 | Peers 1.81 | STNG -14.19 | Peers 47.97 | |||||||||||||||||||||
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. STNG is trading at a significant premium to its subsector. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. STNG significantly trails its peers on the basis of sales growth. |
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