STNG

Scorpio TankersNYSE:STNG Stock Report

Market Cap

US$877.4m

7D

-0.1%

1Y

25.1%

Updated

18 Sep, 2021

Data

Company Financials +
STNG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends2/6

STNG Overview

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide.

Share Price & News

How has Scorpio Tankers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: STNG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: STNG's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-0.1%

STNG

2.8%

US Oil and Gas

-0.6%

US Market


1 Year Return

25.1%

STNG

52.5%

US Oil and Gas

33.8%

US Market

Return vs Industry: STNG underperformed the US Oil and Gas industry which returned 52.4% over the past year.

Return vs Market: STNG underperformed the US Market which returned 33.6% over the past year.


Shareholder returns

STNGIndustryMarket
7 Day-0.1%2.8%-0.6%
30 Day6.8%5.7%1.6%
90 Day-25.0%-5.2%4.6%
1 Year28.5%25.1%61.4%52.5%35.8%33.8%
3 Year-15.4%-20.8%-19.5%-31.1%60.0%50.1%
5 Year-62.8%-67.0%-3.6%-23.3%123.0%98.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Scorpio Tankers Fundamentals Summary

How do Scorpio Tankers's earnings and revenue compare to its market cap?
STNG fundamental statistics
Market CapUS$877.37m
Earnings (TTM)-US$211.62m
Revenue (TTM)US$589.09m

1.5x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STNG income statement (TTM)
RevenueUS$589.09m
Cost of RevenueUS$340.04m
Gross ProfitUS$249.05m
ExpensesUS$460.67m
Earnings-US$211.62m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-3.88
Gross Margin42.28%
Net Profit Margin-35.92%
Debt/Equity Ratio54.0%

How did STNG perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

-10%

Payout Ratio

Valuation

Is Scorpio Tankers 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: STNG ($16.08) is trading below our estimate of fair value ($144.88)

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


Price To Earnings Ratio

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

PE vs Market: STNG 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 STNG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: STNG is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (1.8x).


Future Growth

How is Scorpio Tankers forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

119.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: STNG's revenue (27.7% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: STNG's revenue (27.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STNG's Return on Equity is forecast to be low in 3 years time (9.1%).


Past Performance

How has Scorpio Tankers performed over the past 5 years?

8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STNG is currently unprofitable.

Growing Profit Margin: STNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: STNG is unprofitable, but has reduced losses over the past 5 years at a rate of 8.4% per year.

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

Earnings vs Industry: STNG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.4%).


Return on Equity

High ROE: STNG has a negative Return on Equity (-10.81%), as it is currently unprofitable.


Financial Health

How is Scorpio Tankers's financial position?


Financial Position Analysis

Short Term Liabilities: STNG's short term assets ($332.8M) do not cover its short term liabilities ($469.3M).

Long Term Liabilities: STNG's short term assets ($332.8M) do not cover its long term liabilities ($2.7B).


Debt to Equity History and Analysis

Debt Level: STNG's debt to equity ratio (54%) is considered high.

Reducing Debt: STNG's debt to equity ratio has reduced from 133.6% to 54% 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 STNG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: STNG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.9% per year.


Dividend

What is Scorpio Tankers's current dividend yield, its reliability and sustainability?

2.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: STNG's dividend (2.49%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: STNG's dividend (2.49%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: STNG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: STNG has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: STNG's dividends in 3 years are forecast to be thoroughly covered by earnings (12.3% payout ratio).


Next Steps

Management

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

11.4yrs

Average management tenure


CEO

Emanuele Lauro (42 yo)

11.42yrs

Tenure

Mr. Emanuele A. Lauro had been Chairman and Chief Executive Officer at Hermitage Offshore Services Ltd. since December 2018 and served as its Secretary. He is a Co-Founder of Eneti Inc. (formerly known as...


Leadership Team

Experienced Management: STNG's management team is seasoned and experienced (11.4 years average tenure).


Board Members

Experienced Board: STNG's board of directors are considered experienced (8.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Scorpio Tankers Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scorpio Tankers Inc.
  • Ticker: STNG
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$877.369m
  • Shares outstanding: 54.56m
  • Website: https://www.scorpiotankers.com

Number of Employees


Location

  • Scorpio Tankers Inc.
  • Le Millenium
  • 9, Boulevard Charles III
  • Monaco
  • 98000
  • Monaco

Listings


Biography

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 30, 2021, it owned, finance leased,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:52
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.