Teekay Corporation
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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.
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Income Statement | Q1 FY22 | Q1 FY21 |
---|---|---|
Net Sales ($mil) | 212.72 | 184.48 |
EBITDA ($mil) | 17.52 | 12.63 |
EBIT ($mil) | -7.56 | -14.06 |
Net Income ($mil) | 0.89 | 29.95 |
Balance Sheet | Q1 FY22 | Q1 FY21 |
---|---|---|
Cash & Equiv. ($mil) | 331.61 | 292.6 |
Total Assets ($mil) | 1958.64 | 6844.21 |
Total Debt ($mil) | 635.75 | 3754.38 |
Equity ($mil) | 558.49 | 523.81 |
Profitability | Q1 FY22 | Q1 FY21 |
---|---|---|
Gross Profit Margin | 15.8 | 17.15 |
EBITDA Margin | 8.23 | 6.84 |
Operating Margin | -3.55 | -7.62 |
Sales Turnover | 0.36 | 0.21 |
Return on Assets | -1.08 | -0.04 |
Return on Equity | -24.19 | -7.92 |
Debt | Q1 FY22 | Q1 FY21 |
---|---|---|
Current Ratio | 0.0 | 0.6 |
Debt/Capital | 0.53 | 0.88 |
Interest Expense | 8.18 | 17.71 |
Interest Coverage | -0.92 | -0.79 |
Share Data | Q1 FY22 | Q1 FY21 |
---|---|---|
Shares outstanding (mil) | 101.69 | 101.29 |
Div / share | 0.0 | 0.0 |
EPS | -0.4 | -0.08 |
Book value / share | 5.49 | 5.17 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 486914.0 | 499566.0 |
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 |
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Price/Cash Flow |
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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. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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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. |
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Price/Book |
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Earnings Growth |
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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. |
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Price/Sales |
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Sales Growth |
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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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