Tsakos Energy Navigation Ltd (TEN) vs Teekay Corporation Ltd. (TK)

Tsakos Energy Navigation Ltd and Teekay Corporation Ltd. are both Oil & Gas Midstream companies. Tsakos Energy Navigation Ltd is the larger, with a market value of $1.5B against $1.2B — 1.2× the size. Tsakos Energy Navigation Ltd trades at the lower P/E: 5.2× against 9.6×. Tsakos Energy Navigation Ltd grew revenue faster over the last twelve months: 23.2% against −16.7%. Tsakos Energy Navigation Ltd has the higher net margin (30.8% vs 11.0%) and the higher return on invested capital (7.05% vs 0.00%). Across the 20 metrics below, Tsakos Energy Navigation Ltd leads on 11 and Teekay Corporation Ltd. on 9.

Valuation

Metric TEN TK Oil & Gas Midstream median
P/E 5.17 9.63 12.77
P/S 1.60 1.05 2.36
P/B 0.75 0.53 2.09
Price to free cash flow n/m 1.41 9.71
EV/EBITDA 7.60 0.31 8.30
EV/Sales 3.28 0.12 3.88
Earnings yield 19.33% 10.38% 7.15%
Free cash flow yield (17.38%) 71.07% 6.86%

Profitability

Metric TEN TK Oil & Gas Midstream median
Gross margin 61.58% 39.94% 56.58%
Operating margin 43.17% 29.93% 34.18%
Net margin 30.77% 10.96% 22.50%
Free cash flow margin (27.72%) 0.00% 13.70%
Return on equity 15.61% 0.00% 14.65%
Return on assets 7.25% 0.00% 5.00%
Return on invested capital 7.05% 0.00% 6.13%

Growth

Metric TEN TK Oil & Gas Midstream median
Revenue growth (TTM) 23.23% (16.70%) 15.60%
EPS growth (last fiscal year) (11.53%) (19.72%) (7.86%)
Revenue growth, 5-year CAGR 4.40% (3.70%) 9.59%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric TEN TK Oil & Gas Midstream median
Debt to equity 1.02 0.00 0.78
Current ratio 1.40 10.36 1.19
Net debt to EBITDA 3.89 (2.50) 3.42

Dividend

Metric TEN TK Oil & Gas Midstream median
Dividend yield — 0.00% 4.54%
Payout ratio — — 0.76

Size

Metric TEN TK Oil & Gas Midstream median
Market cap 1.52b 1.23b 3.73b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack