Teekay LNG Partners LP

Find Ratings Reports
TGP : NYSE : Services
$16.9 up 0.1 | 0.6%
Today's Range: 16.67 - 17.05
Avg. Daily Volume: 333300.0
04/27/17 - 10:55 AM ET

Financial Analysis


TEEKAY LNG PARTNERS LP's gross profit margin for the fourth quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. Even though sales decreased, the net income has increased. TEEKAY LNG PARTNERS LP has weak liquidity. Currently, the Quick Ratio is 0.83 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.

During the same period, stockholders' equity ("net worth") has increased by 14.44% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q4 FY16 Q4 FY15
Net Sales ($mil)100.77103.64
EBITDA ($mil)74.5773.72
EBIT ($mil)49.5550.71
Net Income ($mil)84.4172.22


Balance Sheet Q4 FY16 Q4 FY15
Cash & Equiv. ($mil)136.29109.08
Total Assets ($mil)4315.474052.98
Total Debt ($mil)2184.072058.34
Equity ($mil)1738.511519.06


Profitability Q4 FY16 Q4 FY15
Gross Profit Margin77.676.59
EBITDA Margin73.9971.12
Operating Margin49.1748.93
Sales Turnover0.090.1
Return on Assets3.254.95
Return on Equity7.9213.22
Debt Q4 FY16 Q4 FY15
Current Ratio0.920.49
Debt/Capital0.560.58
Interest Expense15.9310.83
Interest Coverage3.114.68


Share Data Q4 FY16 Q4 FY15
Shares outstanding (mil)79.5779.55
Div / share0.140.7
EPS1.00.89
Book value / share21.8519.1
Institutional Own % n/a n/a
Avg Daily Volume372305.0427041.0

Valuation


HOLD. TEEKAY LNG PARTNERS LP's P/E ratio indicates a significant discount compared to an average of 145.46 for the Oil, Gas & Consumable Fuels industry and a significant discount compared to the S&P 500 average of 24.92. For additional comparison, its price-to-book ratio of 0.77 indicates a significant discount versus the S&P 500 average of 2.99 and a significant discount versus the industry average of 38.31. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, TEEKAY LNG PARTNERS LP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
TGP 9.94 Peers 145.46   TGP 7.60 Peers 11.69

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

TGP 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.

TGP is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
TGP 7.55 Peers 26.05   TGP 2.40 Peers 0.64

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

TGP is trading at a significant discount to its peers.

 

Premium. 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.

TGP trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
TGP 0.77 Peers 38.31   TGP -23.53 Peers 41.17

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.

TGP 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, TGP is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
TGP 3.37 Peers 2.53   TGP -0.39 Peers -9.44

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.

TGP is trading at a significant premium to its industry.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

TGP has a sales growth rate that significantly exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades