Teekay Competitors

Stocks . USA . 
Stock . Teekay Tankers
TNK Stock  USD 41.73  0.13  0.31%   
Teekay Tankers competes with DHT Holdings, Teekay, HUMANA, Barloworld, and Morningstar Unconstrained; as well as few others. The company runs under Oil, Gas & Consumable Fuels sector within Energy industry. Analyzing Teekay Tankers competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Teekay Tankers to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Teekay Tankers Correlation with its peers.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Teekay Tankers competition on your existing holdings.
  
Return On Tangible Assets is expected to rise to 0.29 this year. Return On Capital Employed is expected to rise to 0.32 this year. At this time, Teekay Tankers' Return On Assets are quite stable compared to the past year. Asset Turnover is expected to rise to 0.76 this year, although the value of Other Current Assets will most likely fall to about 21.8 M.
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
39.5841.5943.60
Details
Intrinsic
Valuation
LowRealHigh
37.6743.9545.96
Details
Naive
Forecast
LowNextHigh
39.5641.5643.57
Details
7 Analysts
Consensus
LowTargetHigh
51.4256.5062.72
Details

Teekay Tankers Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Teekay Tankers and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Teekay and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Teekay Tankers does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TK
+ 0.8
DHT
ABHYX
+ 0.78
TK
ABHYX
+ 0.69
DHT
LBHIX
+ 0.69
MSTSX
LBHIX
+ 0.56
ABHYX
MSTSX
+ 0.39
DHT
  
High negative correlations   
MSTSX
- 0.63
444859BR2
LBHIX
- 0.58
444859BR2
ID
- 0.55
444859BR2
MSTSX
- 0.51
BRRAY
ABHYX
- 0.43
BRRAY
LBHIX
- 0.41
BRRAY

Risk-Adjusted Indicators

There is a big difference between Teekay Stock performing well and Teekay Tankers Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Teekay Tankers' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Teekay Tankers and related stocks such as DHT Holdings, Teekay, and HUMANA INC Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
DHT6.1 M(40.3 M)(94.1 M)(4.1 M)12.9 M105.3 M9.3 M6.6 M(46.9 M)73.7 M266.3 M(11.5 M)61.5 M161.4 M169.4 M
TK6.4 M(368.9 M)(160.2 M)(114.7 M)(54.8 M)82.2 M(123.2 M)(151.7 M)(79.2 M)(149 M)91 M(277.5 M)209.6 M150.6 M158.2 M

Teekay Tankers and related stocks such as DHT Holdings, Teekay, and HUMANA INC Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Teekay Tankers financial statement analysis. It represents the amount of money remaining after all of Teekay Tankers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Teekay Tankers Competitive Analysis

The better you understand Teekay Tankers competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Teekay Tankers' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Teekay Tankers' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TNK DHT TK 444859BR2 AQUI BRRAY MSTSX ABHYX LBHIX ID
 0.31 
 41.73 
Teekay
 0.79 
 10.23 
DHT
 0.38 
 7.93 
Teekay
 0.37 
 80.35 
HUMANA
 0.00 
 0.01 
Aquagold
 0.00 
 4.23 
Barloworld
 0.43 
 11.73 
Morningstar
 0.11 
 8.96 
High-yield
 0.24 
 4.25 
Thrivent
 2.22 
 0.46 
SPACE
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Somewhat reliable
Very steady
Very steady
Relatively risky
Very steady
Very steady
Very steady
Very risky
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Insignificant
Good
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Low
Very Low
Low
Below Average
Average
Low
Low
Low
Low
Very High
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Strong Buy
Strong Buy
Strong Sell
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Cautious Hold
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
1.63
2.51
2.93
N/A
N/A
1.49
N/A
N/A
N/A
N/A
Net Asset
1.87 B
1.49 B
2.32 B
N/A
3.19 K
54.41 B
116.1 M
672.37 M
674.44 M
N/A
EBITDA
624.35 M
304.01 M
655.14 M
N/A
(727.69 K)
2.77 B
N/A
N/A
N/A
N/A
Operating Margin
0.24
0.3
0.21
N/A
N/A
0.1
N/A
N/A
N/A
N/A
Five Year Return
6.35
6.91
5.31
N/A
N/A
3.98
8.13
1.68
3.31
N/A
One Year Return
N/A
N/A
N/A
N/A
N/A
N/A
18.78
12.1
11.68
N/A
Beta
-0.33
-0.4
0.53
N/A
7.05
0.63
N/A
N/A
N/A
N/A
Number Of Employees
1.59 K
1.21 K
2.2 K
N/A
7
36
1
1
1
N/A
Three Year Return
N/A
N/A
N/A
N/A
N/A
N/A
5.8
-0.71
2.59
N/A
Cash Flow From Operations
626.07 M
251.41 M
633.46 M
N/A
(218.19 K)
1.89 B
N/A
N/A
N/A
N/A
Total Debt
215.91 M
430.14 M
227.2 M
N/A
N/A
8.64 B
N/A
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
22.72
2.0
92.23
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
Return On Asset
0.13
0.0817
0.11
N/A
-5.5
0.047
N/A
N/A
N/A
N/A
Current Liabilities
289.65 M
52.84 M
274.63 M
N/A
794 K
13.9 B
N/A
N/A
N/A
N/A
Debt To Equity
0.74
0.41
0.5
N/A
N/A
0.68
N/A
N/A
N/A
N/A
Short Ratio
1.29
4.4
0.65
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
26.81
62.04
51.03
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
1.44 B
1.67 B
692.77 M
N/A
96.58 K
955.54 M
50.36 M
N/A
N/A
947.97 K
Price To Earning
12.95
6.51
59.46
N/A
-0.22
9.18
N/A
N/A
35.48
N/A
Price To Sales
1.21
2.87
0.53
N/A
N/A
0.0285
N/A
N/A
1.23
N/A
Net Income
513.67 M
161.35 M
150.64 M
N/A
(627.79 K)
2.04 B
N/A
N/A
N/A
N/A
Shares Owned By Insiders
20.25
13.81
36.41
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Revenue
1.36 B
556.08 M
1.46 B
N/A
N/A
39.38 B
N/A
N/A
N/A
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
N/A
11.76
5.77
6.69
N/A
Working Capital
474.21 M
143.89 M
749.13 M
N/A
(794 K)
11.95 B
N/A
N/A
N/A
N/A
Profit Margin
0.35
0.28
0.11
N/A
N/A
0.0519
N/A
N/A
N/A
N/A
Current Valuation
1.06 B
2.04 B
25.54 M
N/A
912.76 K
1.11 B
N/A
N/A
N/A
N/A
Price To Book
0.84
1.65
0.87
N/A
N/A
0.99
N/A
N/A
1.58
N/A
Retained Earnings
220.02 M
(206.48 M)
(213.19 M)
N/A
(4.18 M)
13.37 B
N/A
N/A
N/A
N/A
Current Asset
279.81 M
218.25 M
480.53 M
N/A
N/A
25.84 B
N/A
N/A
N/A
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
14.28
0.1
6.56
N/A
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
61.63
N/A
0.07
N/A
Shares Outstanding
29.73 M
161.46 M
87.69 M
N/A
965.83 K
185.7 M
N/A
N/A
N/A
N/A
Annual Yield
0.0234
0.0849
0.1
N/A
N/A
0.0543
0.021
0.0041
0.0617
N/A
Return On Equity
0.27
0.16
0.24
N/A
N/A
0.0588
N/A
N/A
N/A
N/A
Number Of Shares Shorted
446.03 K
6.78 M
574.62 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
50.79
6.38
9.17
N/A
-1.18
99.76
N/A
N/A
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2 K
N/A
Total Asset
1.87 B
1.49 B
2.32 B
N/A
3.19 K
54.41 B
215.11 M
243.16 M
347.66 M
N/A
Target Price
65.86
13.79
5.0
N/A
N/A
7.68
N/A
N/A
N/A
N/A
Last Dividend Paid
0.25
1.0
N/A
N/A
N/A
4.6
N/A
0.03
0.02
N/A
Price To Earnings To Growth
31.59
3.77
0.27
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
12.18
1.0
1.51
N/A
-0.63
0.35
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.84
6.0
N/A
Cash And Equivalents
180.51 M
60.66 M
309.86 M
N/A
1.15 K
5.11 B
N/A
N/A
N/A
N/A
Cash Per Share
2.0
0.43
4.28
N/A
N/A
25.52
N/A
N/A
N/A
N/A
Gross Profit
389.69 M
194.83 M
392.07 M
N/A
(143.88 K)
5.12 B
N/A
N/A
N/A
N/A
Day Typical Price
41.82
10.18
7.92
80.35
0.006
4.23
11.73
8.96
4.25
0.46
Accumulation Distribution
4693.75
21800.04
0.036
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.0
N/A
0.29
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
(0.16)
0.3333
0.1034
(9,223,372,036,855)
0.0
0.0
9.2 T
9.2 T
9.2 T
9.2 T
Period Momentum Indicator
(0.13)
0.08
0.03
(0.30)
N/A
N/A
0.05
0.01
0.01
0.01
Rate Of Daily Change
1.0
1.01
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.02
Day Median Price
41.86
10.15
7.92
80.35
0.006
4.23
11.73
8.96
4.25
0.46
Price Action Indicator
(0.20)
0.12
0.03
(0.15)
N/A
N/A
0.025
0.005
0.005
0.005
Coefficient Of Variation
(502.89)
(5,867)
7884.63
(7,322)
N/A
25169.77
1576.86
2042.34
583.8
2164.85
Mean Deviation
1.51
1.72
1.72
1.31
N/A
1.27
0.4856
0.1632
0.1099
3.76
Jensen Alpha
(0.49)
(0.13)
(0.04)
(0.03)
N/A
(0.11)
0.0402
(0.0008)
0.0147
0.2073
Total Risk Alpha
(0.67)
(0.34)
(0.30)
(0.38)
N/A
(0.54)
(0.05)
(0.03)
(0)
(0.43)
Sortino Ratio
N/A
N/A
(0.04)
N/A
N/A
N/A
(0.11)
(0.20)
(0.32)
0.0199
Downside Variance
N/A
N/A
4.33
N/A
N/A
N/A
0.3987
0.2328
0.0625
38.19
Standard Deviation
1.99
2.21
2.48
2.57
N/A
4.2
0.6318
0.2858
0.1689
5.04
Kurtosis
0.7076
0.0806
8.31
5.85
N/A
11.15
0.1097
8.76
3.69
1.43
Potential Upside
2.41
3.89
3.23
5.93
N/A
N/A
1.21
0.3382
0.2381
7.32
Treynor Ratio
(0.47)
(0.06)
0.0328
0.3578
N/A
0.0057
(0.30)
0.0825
0.4414
1.43
Maximum Drawdown
11.22
9.53
15.63
16.62
N/A
34.02
2.8
1.91
0.9552
20.54
Variance
3.98
4.87
6.17
6.6
N/A
17.65
0.3991
0.0817
0.0285
25.39
Market Risk Adjusted Performance
(0.46)
(0.05)
0.0428
0.3678
N/A
0.0157
(0.29)
0.0925
0.4514
1.44
Risk Adjusted Performance
(0.15)
(0.01)
0.0166
(0)
N/A
0.0112
0.0463
0.0207
0.0955
0.0437
Skewness
(0.12)
0.2075
1.8
1.05
N/A
0.4951
0.1403
(1.73)
1.16
(0.69)
Semi Deviation
N/A
N/A
2.01
N/A
N/A
N/A
0.5186
0.2553
0.0
4.72
Information Ratio
(0.25)
(0.07)
(0.03)
(0.06)
N/A
(0.02)
(0.11)
(0.33)
(0.48)
0.0245
Value At Risk
(3.77)
(3.69)
(3.37)
(4.50)
N/A
(2.98)
(1.02)
(0.33)
(0.24)
(7.69)
Expected Short fall
N/A
N/A
(1.87)
N/A
N/A
N/A
(0.59)
(0.24)
(0.29)
(5.01)
Downside Deviation
N/A
N/A
2.08
N/A
N/A
N/A
0.6314
0.4825
0.25
6.18
Semi Variance
N/A
N/A
4.04
N/A
N/A
N/A
0.2689
0.0652
(0.02)
22.28

Teekay Tankers Competition Performance Charts

Five steps to successful analysis of Teekay Tankers Competition

Teekay Tankers' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Teekay Tankers in relation to its competition. Teekay Tankers' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Teekay Tankers in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Teekay Tankers' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Teekay Tankers, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When determining whether Teekay Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:
How To Invest In Teekay
Details
Is Teekay Stock a good investment?
Details
What is Teekay Tankers' Net Worth?
Details
Largest Oil & Gas Midstream Companies
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Check out Teekay Tankers Correlation with its peers.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
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Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.25
Earnings Share
12.18
Revenue Per Share
34.7
Quarterly Revenue Growth
(0.15)
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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