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Teekay Corporation

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TK : NYSE :
$3.40 -0.08 | -2.30%
Today's Range: 3.40 - 3.49
Avg. Daily Volume: 0
05/26/22 - 10:47 PM ET
Rating Summary Rating Detail Financial Analysis Peer Group

Financial Analysis


TEEKAY CORP's gross profit margin for the first quarter of its fiscal year 2022 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.

During the same period, stockholders' equity ("net worth") has increased by 6.62% from the same quarter last year.

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 Q1 FY22 Q1 FY21
Net Sales ($mil)212.72184.48
EBITDA ($mil)17.5212.63
EBIT ($mil)-7.56-14.06
Net Income ($mil)0.8929.95


Balance Sheet Q1 FY22 Q1 FY21
Cash & Equiv. ($mil)331.61292.6
Total Assets ($mil)1958.646844.21
Total Debt ($mil)635.753754.38
Equity ($mil)558.49523.81


Profitability Q1 FY22 Q1 FY21
Gross Profit Margin15.817.15
EBITDA Margin8.236.84
Operating Margin-3.55-7.62
Sales Turnover0.360.21
Return on Assets-1.08-0.04
Return on Equity-24.19-7.92
Debt Q1 FY22 Q1 FY21
Current Ratio0.00.6
Debt/Capital0.530.88
Interest Expense8.1817.71
Interest Coverage-0.92-0.79


Share Data Q1 FY22 Q1 FY21
Shares outstanding (mil)101.69101.29
Div / share0.00.0
EPS-0.4-0.08
Book value / share5.495.17
Institutional Own % n/a n/a
Avg Daily Volume486914.0499566.0

Valuation


SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. Conducting a second comparison, its price-to-book ratio of 0.61 indicates a significant discount versus the S&P 500 average of 3.78 and a discount versus the subsector average of 1.84. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, TEEKAY CORP proves to trade at a discount to investment alternatives.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
TK NM Peers 3.45   TK 4.08 Peers 6.73

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

TK's P/E is negative making this valuation measure meaningless.

 

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.

TK 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
TK NA Peers 9.86   TK NA Peers 0.11

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

Ratio not available.

 

Neutral. 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.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
TK 0.61 Peers 1.84   TK -221.95 Peers 344.43

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.

TK 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, TK 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
TK 0.48 Peers 3.34   TK -50.03 Peers 483.74

Discount. 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.

TK is trading at a significant discount to its subsector on this measurement.

 

Lower. A sales growth rate that trails the subsector implies that a company is losing market share.

TK significantly trails its peers on the basis of sales growth.

 

 

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