TPNG

Tankerska Next Generation d.dZGSE:TPNG Stock Report

Market Cap

Kn362.1m

7D

-2.3%

1Y

-26.4%

Updated

17 Sep, 2021

Data

Company Financials
TPNG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TPNG Overview

Tankerska Next Generation d.d., a shipping company, engages in the seaborne transportation of refined petroleum and chemical products worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Tankerska Next Generation d.d
Historical stock prices
Current Share PriceKn41.60
52 Week HighKn38.80
52 Week LowKn55.00
Beta0.28
1 Month Change-3.70%
3 Month Change6.12%
1 Year Change-26.37%
3 Year Change4.00%
5 Year Change-45.86%
Change since IPO-36.28%

Recent News & Updates

Aug 04
Tankerska Next Generation d.d (ZGSE:TPNG) Will Be Hoping To Turn Its Returns On Capital Around

Tankerska Next Generation d.d (ZGSE:TPNG) Will Be Hoping To Turn Its Returns On Capital Around

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

Apr 15
Investors Will Want Tankerska Next Generation d.d's (ZGSE:TPNG) Growth In ROCE To Persist

Investors Will Want Tankerska Next Generation d.d's (ZGSE:TPNG) Growth In ROCE To Persist

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Feb 16
Reflecting on Tankerska Next Generation d.d's (ZGSE:TPNG) Share Price Returns Over The Last Five Years

Reflecting on Tankerska Next Generation d.d's (ZGSE:TPNG) Share Price Returns Over The Last Five Years

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Jan 26
Is Tankerska Next Generation d.d (ZGSE:TPNG) Using Too Much Debt?

Is Tankerska Next Generation d.d (ZGSE:TPNG) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

TPNGHR ShippingHR Market
7D-2.3%4.6%-0.04%
1Y-26.4%138.7%15.1%

Return vs Industry: TPNG underperformed the HR Shipping industry which returned 136.5% over the past year.

Return vs Market: TPNG underperformed the HR Market which returned 15.1% over the past year.

Price Volatility

Is TPNG's price volatile compared to industry and market?
TPNG volatility
TPNG Beta0.28
Industry Beta1.2
Market Beta1

Stable Share Price: TPNG is not significantly more volatile than the rest of HR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TPNG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014134John Karavanichttps://www.tng.hr

Tankerska Next Generation d.d., a shipping company, engages in the seaborne transportation of refined petroleum and chemical products worldwide. The company owns and operates a fleet of six MR product tanker vessels. It provides transportation services to energy companies, oil retailers, manufacturers of oil and oil products, and various other entities that depend on sea transport.

Tankerska Next Generation d.d Fundamentals Summary

How do Tankerska Next Generation d.d's earnings and revenue compare to its market cap?
TPNG fundamental statistics
Market CapKn362.11m
Earnings (TTM)-Kn69.16m
Revenue (TTM)Kn220.13m

1.6x

P/S Ratio

-5.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPNG income statement (TTM)
RevenueKn220.13m
Cost of RevenueKn156.75m
Gross ProfitKn63.38m
ExpensesKn132.54m
Earnings-Kn69.16m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-7.93
Gross Margin28.79%
Net Profit Margin-31.42%
Debt/Equity Ratio84.5%

How did TPNG perform over the long term?

See historical performance and comparison

Valuation

Is Tankerska Next Generation d.d undervalued compared to its fair value and its price relative to the market?

14.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPNG (HRK41.6) is trading below our estimate of fair value (HRK48.38)

Significantly Below Fair Value: TPNG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TPNG is unprofitable, so we can't compare its PE Ratio to the European Shipping industry average.

PE vs Market: TPNG is unprofitable, so we can't compare its PE Ratio to the HR market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPNG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TPNG is good value based on its PB Ratio (0.6x) compared to the XE Shipping industry average (1.4x).


Future Growth

How is Tankerska Next Generation d.d forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-8.1%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tankerska Next Generation d.d has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Tankerska Next Generation d.d performed over the past 5 years?

-43.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPNG is currently unprofitable.

Growing Profit Margin: TPNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TPNG is unprofitable, and losses have increased over the past 5 years at a rate of 43.9% per year.

Accelerating Growth: Unable to compare TPNG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TPNG is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (70.7%).


Return on Equity

High ROE: TPNG has a negative Return on Equity (-11.76%), as it is currently unprofitable.


Financial Health

How is Tankerska Next Generation d.d's financial position?


Financial Position Analysis

Short Term Liabilities: TPNG's short term assets (HRK99.3M) exceed its short term liabilities (HRK64.6M).

Long Term Liabilities: TPNG's short term assets (HRK99.3M) do not cover its long term liabilities (HRK467.0M).


Debt to Equity History and Analysis

Debt Level: TPNG's debt to equity ratio (84.5%) is considered high.

Reducing Debt: TPNG's debt to equity ratio has reduced from 128.1% to 84.5% over the past 5 years.

Debt Coverage: TPNG's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: TPNG's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


Dividend

What is Tankerska Next Generation d.d current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TPNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TPNG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TPNG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TPNG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TPNG is not paying a notable dividend for the HR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TPNG's dividend in 3 years as they are not forecast to pay a notable one for the HR market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

John Karavanic (54 yo)

7.08yrs

Tenure

Mr. John Karavanic has been Chief Executive Officer of Tankerska Next Generation d.d since August 2014. He serves as Member of Management Board at Tankerska Next Generation d.d. Mr. Karavanic served as the...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tankerska Next Generation d.d.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tankerska Next Generation d.d.
  • Ticker: TPNG
  • Exchange: ZGSE
  • Founded: 2014
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: Kn362.112m
  • Shares outstanding: 8.70m
  • Website: https://www.tng.hr

Number of Employees


Location

  • Tankerska Next Generation d.d.
  • Božidara Petranovica 4
  • Zadar
  • 23000
  • Croatia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:31
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.