NYSE:INSW

Stock Analysis Report

International Seaways

Executive Summary

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the International Flag trades.

Snowflake

Fundamentals

Reasonable growth potential and fair value.


Similar Companies

Share Price & News

How has International Seaways's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.9%

INSW

1.1%

US Oil and Gas

-0.6%

US Market


1 Year Return

-9.3%

INSW

-20.1%

US Oil and Gas

0.6%

US Market

INSW outperformed the Oil and Gas industry which returned -20.1% over the past year.

INSW underperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

INSWIndustryMarket
7 Day-3.9%1.1%-0.6%
30 Day7.0%5.8%2.2%
90 Day0.8%-4.8%1.1%
1 Year-9.3%-9.3%-17.1%-20.1%2.9%0.6%
3 Yearn/a2.0%-7.3%44.6%35.2%
5 Yearn/a-25.4%-35.6%61.9%44.2%

Price Volatility Vs. Market

How volatile is International Seaways's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is International Seaways undervalued based on future cash flows and its price relative to the stock market?

50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

International Seaways's share price is below the future cash flow value, and at a moderate discount (> 20%).

International Seaways's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

International Seaways is loss making, we can't compare its value to the US Oil and Gas industry average.

International Seaways is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for International Seaways, we can't assess if its growth is good value.


Price Based on Value of Assets

International Seaways is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is International Seaways expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

95.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

International Seaways's revenue is expected to grow by 18.1% yearly, however this is not considered high growth (20% yearly).

International Seaways's earnings are expected to grow significantly at over 20% yearly.

International Seaways's revenue growth is expected to exceed the United States of America market average.

International Seaways's earnings growth is expected to exceed the United States of America market average.

International Seaways's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

International Seaways is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has International Seaways performed over the past 5 years?

-46.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

International Seaways does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare International Seaways's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare International Seaways's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if International Seaways has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

International Seaways used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if International Seaways improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is International Seaways's financial position?


Financial Position Analysis

International Seaways is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

International Seaways's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

International Seaways's level of debt (80.7%) compared to net worth is high (greater than 40%).

Unable to establish if International Seaways's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

International Seaways has sufficient cash runway for more than 3 years based on current free cash flow.

Unable to confirm if International Seaways has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

What is International Seaways's current dividend yield, its reliability and sustainability?

4.88%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate International Seaways's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate International Seaways's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as International Seaways has not reported any payouts.

Unable to verify if International Seaways's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as International Seaways has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).


Next Steps

Management

What is the CEO of International Seaways's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Lois Zabrocky (49yo)

2.8yrs

Tenure

US$2,404,616

Compensation

Ms. Lois K. Zabrocky has been the Chief Executive Officer and First President of International Seaways, Inc. since November 30, 2016 and Director since May 24, 2018. Ms. Zabrocky lead OSG's International F ...


CEO Compensation Analysis

Lois's remuneration is higher than average for companies of similar size in United States of America.

Lois's compensation has increased whilst company is loss making.


Management Age and Tenure

2.8yrs

Average Tenure

49.5yo

Average Age

The tenure for the International Seaways management team is about average.


Board Age and Tenure

2.8yrs

Average Tenure

64yo

Average Age

The average tenure for the International Seaways board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

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Ownership Breakdown


Management Team

  • Jeffrey Pribor (61yo)

    CFO, Senior VP & Treasurer

    • Tenure: 2.8yrs
    • Compensation: US$1.78m
  • Lois Zabrocky (49yo)

    President

    • Tenure: 2.8yrs
    • Compensation: US$2.40m
  • Adewale Oshodi (39yo)

    VP & Controller

    • Tenure: 2.8yrs
    • Compensation: US$604.19k
  • James Small (50yo)

    Chief Administrative Officer

    • Tenure: 2.8yrs
    • Compensation: US$1.42m
  • Derek Solon (43yo)

    VP & Chief Commercial Officer

    • Tenure: 2.8yrs
    • Compensation: US$814.10k
  • William Nugent (51yo)

    VP & Head of Ship Operations

    • Tenure: 5.7yrs
    • Compensation: US$780.47k

Board Members

  • Gregory Wright (69yo)

    Non-Employee Director

    • Tenure: 2.8yrs
    • Compensation: US$206.50k
  • Doug Wheat (68yo)

    Non-Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: US$375.83k
  • David Greenberg (64yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$203.00k
  • Tim Bernlohr (60yo)

    Non-Employee Director

    • Tenure: 2.8yrs
    • Compensation: US$206.50k
  • Randee Day (71yo)

    Non-Employee Director

    • Tenure: 2.8yrs
    • Compensation: US$200.00k
  • Lois Zabrocky (49yo)

    President

    • Tenure: 2.8yrs
    • Compensation: US$2.40m
  • Ian Blackley (64yo)

    Non-Employee Director

    • Tenure: 5.8yrs
    • Compensation: US$180.00k
  • Ty Wallach (47yo)

    Non-Employee Director

    • Tenure: 2.8yrs
    • Compensation: US$130.40k
  • Joe Kronsberg (36yo)

    Non-Employee Director

    • Tenure: 2.8yrs
    • Compensation: US$180.00k

Company Information

International Seaways, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Seaways, Inc.
  • Ticker: INSW
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$534.844m
  • Shares outstanding: 29.27m
  • Website: https://www.intlseas.com

Number of Employees


Location

  • International Seaways, Inc.
  • 600 Third Avenue
  • 39th Floor
  • New York
  • New York
  • 10016
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INSWNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2016

Biography

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the International Flag trades. It operates through two segments, Cr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:22
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.