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International Seaways

Market Cap

US$499.3m

Last Updated

2021/04/15 22:46 UTC

Data Sources

Company Financials +

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 trade. More Details


Snowflake Analysis

Fair value with moderate growth potential.


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

Stable Share Price: INSW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: INSW's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-11.4%

INSW

-0.2%

US Oil and Gas

1.1%

US Market


1 Year Return

-24.1%

INSW

53.9%

US Oil and Gas

56.6%

US Market

Return vs Industry: INSW underperformed the US Oil and Gas industry which returned 45.9% over the past year.

Return vs Market: INSW underperformed the US Market which returned 53.9% over the past year.


Shareholder returns

INSWIndustryMarket
7 Day-11.4%-0.2%1.1%
30 Day-17.6%-6.7%1.7%
90 Day-2.4%11.7%6.0%
1 Year-23.0%-24.1%64.3%53.9%59.3%56.6%
3 Year-11.8%-13.2%-17.0%-28.5%62.6%52.2%
5 Yearn/a-3.1%-22.1%120.6%96.1%

Long-Term 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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INSW ($17.07) is trading below our estimate of fair value ($119.25)

Significantly Below Fair Value: INSW is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: INSW is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: INSW is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (1.4x).


Future Growth

How is International Seaways forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

86.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INSW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: INSW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: INSW's is expected to become profitable in the next 3 years.

Revenue vs Market: INSW's revenue is expected to decline over the next 3 years (-6.8% per year).

High Growth Revenue: INSW's revenue is forecast to decline over the next 3 years (-6.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INSW's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has International Seaways performed over the past 5 years?

-15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INSW is currently unprofitable.

Growing Profit Margin: INSW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: INSW is unprofitable, and losses have increased over the past 5 years at a rate of 15.6% per year.

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

Earnings vs Industry: INSW is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-44.6%).


Return on Equity

High ROE: INSW has a negative Return on Equity (-0.57%), as it is currently unprofitable.


Financial Health

How is International Seaways's financial position?


Financial Position Analysis

Short Term Liabilities: INSW's short term assets ($256.8M) exceed its short term liabilities ($108.9M).

Long Term Liabilities: INSW's short term assets ($256.8M) do not cover its long term liabilities ($505.6M).


Debt to Equity History and Analysis

Debt Level: INSW's debt to equity ratio (56.5%) is considered high.

Reducing Debt: INSW's debt to equity ratio has increased from 42.9% to 56.5% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable INSW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: INSW is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.


Dividend

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

1.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INSW's dividend (1.41%) is higher than the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: INSW's dividend (1.41%) is low compared to the top 25% of dividend payers in the US market (3.5%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether INSW's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if INSW's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: INSW is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: INSW's dividends in 3 years are forecast to be thoroughly covered by earnings (5% payout ratio).


Next Steps

Management

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

4.4yrs

Average management tenure


CEO

Lois Zabrocky (50 yo)

4.42yrs

Tenure

US$2,815,917

Compensation

Ms. Lois K. Zabrocky has been an Independent Director of Tidewater Inc. since July 28, 2020. Ms. Zabrocky has been the Chief Executive Officer and First President of International Seaways, Inc. since Novem...


CEO Compensation Analysis

Compensation vs Market: Lois's total compensation ($USD2.82M) is above average for companies of similar size in the US market ($USD1.55M).

Compensation vs Earnings: Lois's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: INSW's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: INSW's board of directors are considered experienced (4.4 years average tenure).


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

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$499.316m
  • Shares outstanding: 28.06m
  • Website: https://intlseas.com

Number of Employees


Location

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

Listings


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 trade. It operates through two segments, Cru...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/15 22:46
End of Day Share Price2021/04/15 00:00
Earnings2020/12/31
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.