Financials International Seaways, Inc.

Equities

INSW

MHY410531021

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-04-29 pm EDT 5-day change 1st Jan Change
55.54 USD +0.74% Intraday chart for International Seaways, Inc. +3.62% +22.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 871.2 457 744.1 1,817 2,224 2,698 - -
Enterprise Value (EV) 1 1,474 793.4 1,751 2,648 2,842 3,127 2,999 2,958
P/E ratio -992 x -81.7 x -4.22 x 4.76 x 4.04 x 5.96 x 6.68 x 8.03 x
Yield - 1.47% 1.63% 1.13% 13.8% 11.3% 11.6% 11%
Capitalization / Revenue 2.56 x 1.14 x 2.91 x 2.13 x 2.11 x 2.66 x 2.77 x 2.69 x
EV / Revenue 4.33 x 1.97 x 6.84 x 3.1 x 2.69 x 3.08 x 3.08 x 2.95 x
EV / EBITDA 8.95 x 3.6 x 43.4 x 4.82 x 3.93 x 4.48 x 4.53 x 4.28 x
EV / FCF 7.54 x 3.19 x -11.4 x 15.4 x 5.04 x 8.02 x 5.97 x 5.87 x
FCF Yield 13.3% 31.3% -8.81% 6.49% 19.8% 12.5% 16.7% 17%
Price to Book 0.85 x 0.47 x 0.62 x 1.23 x 1.3 x 1.54 x 1.57 x 2.17 x
Nbr of stocks (in thousands) 29,274 27,985 50,689 49,078 48,909 48,931 - -
Reference price 2 29.76 16.33 14.68 37.02 45.48 55.13 55.13 55.13
Announcement Date 3/3/20 3/12/21 3/2/22 2/28/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 339.9 402 255.9 853.7 1,056 1,016 974.4 1,003
EBITDA 1 164.7 220.1 40.36 549.1 723.8 698.4 662.7 690.7
EBIT 1 66.38 145.8 -96.42 438.7 594.7 531.9 495.7 508.6
Operating Margin 19.53% 36.26% -37.68% 51.39% 56.34% 52.36% 50.87% 50.72%
Earnings before Tax (EBT) 1 -0.829 -5.53 -133 388 560.3 486.6 407.6 343.7
Net income 1 -0.83 -5.531 -133.5 387.9 556.4 459.2 410.6 343.7
Net margin -0.24% -1.38% -52.17% 45.44% 52.72% 45.21% 42.14% 34.27%
EPS 2 -0.0300 -0.2000 -3.480 7.770 11.25 9.247 8.254 6.867
Free Cash Flow 1 195.4 248.5 -154.2 171.8 564.1 390 502 504
FCF margin 57.47% 61.82% -60.28% 20.13% 53.45% 38.4% 51.52% 50.26%
FCF Conversion (EBITDA) 118.64% 112.9% - 31.29% 77.94% 55.84% 75.75% 72.97%
FCF Conversion (Net income) - - - 44.3% 101.38% 84.93% 122.25% 146.66%
Dividend per Share 2 - 0.2400 0.2400 0.4200 6.290 6.235 6.419 6.072
Announcement Date 3/3/20 3/12/21 3/2/22 2/28/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 72.97 93 97.98 185.5 223.7 335.6 287.1 292.2 236 247.9 249.2 240.6 228.9 286.6 216.5
EBITDA 1 8.034 11.85 26.03 111.7 157.1 254.3 209 205.1 150.9 158.8 164.8 159 145.7 187.5 126.8
EBIT 1 -57.52 -21.04 -0.973 84.43 129.4 225.9 179.4 172.7 117.6 125.1 128.8 120 108 165.5 98.93
Operating Margin -78.82% -22.63% -0.99% 45.5% 57.82% 67.3% 62.48% 59.09% 49.83% 50.46% 51.67% 49.86% 47.16% 57.74% 45.7%
Earnings before Tax (EBT) 1 -67.84 -33.05 -13 69.09 113.4 218.5 172.6 154.1 97.99 135.6 117.7 110.7 99.82 158.4 94.6
Net income 1 -67.35 -33.99 -13 69.04 113.4 218.4 172.6 153.8 97.94 132.1 111.5 103.8 94.44 149.4 94.6
Net margin -92.3% -36.55% -13.27% 37.21% 50.7% 65.08% 60.12% 52.62% 41.51% 53.29% 44.76% 43.14% 41.25% 52.13% 43.7%
EPS 2 -1.440 -0.6800 -0.2600 1.380 2.280 4.400 3.470 3.110 1.990 2.680 2.286 2.091 1.899 3.000 1.890
Dividend per Share 2 0.0600 0.0600 0.0600 0.1200 0.1200 0.1200 - 1.620 1.420 1.250 1.461 1.240 1.493 2.720 -
Announcement Date 11/9/21 3/2/22 5/4/22 8/9/22 11/8/22 2/28/23 5/5/23 8/9/23 11/7/23 2/29/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 602 336 1,007 831 618 430 302 260
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.658 x 1.528 x 24.95 x 1.513 x 0.8536 x 0.6151 x 0.4551 x 0.3766 x
Free Cash Flow 1 195 249 -154 172 564 390 502 504
ROE (net income / shareholders' equity) 2.24% 12.6% - 28.7% 34.7% 29% 23.9% 25.5%
ROA (Net income/ Total Assets) - - - 15.6% 21.7% 19.3% 15.5% -
Assets 1 - - - 2,481 2,569 2,376 2,654 -
Book Value Per Share 2 34.90 34.70 23.60 30.10 35.10 35.90 35.10 25.40
Cash Flow per Share 2 2.990 7.620 -1.980 5.770 13.90 12.30 10.90 -
Capex 1 36.6 50 78 116 205 186 117 116
Capex / Sales 10.77% 12.45% 30.5% 13.58% 19.44% 18.35% 11.99% 11.52%
Announcement Date 3/3/20 3/12/21 3/2/22 2/28/23 2/29/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
55.13 USD
Average target price
65.62 USD
Spread / Average Target
+19.04%
Consensus
  1. Stock Market
  2. Equities
  3. INSW Stock
  4. Financials International Seaways, Inc.