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Scorpio Tankers

DB:S0QA
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
S0QA
DB
$907M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • Scorpio Tankers has significant price volatility in the past 3 months.
S0QA Share Price and Events
7 Day Returns
-17.1%
DB:S0QA
6.5%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-15.6%
DB:S0QA
28.1%
DE Oil and Gas
-16.6%
DE Market
S0QA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Scorpio Tankers (S0QA) -17.1% 2% -58.1% -15.6% -63.9% -82.9%
DE Oil and Gas 6.5% -7.3% -23.7% 28.1% -18.9% 149.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • S0QA underperformed the Oil and Gas industry which returned 28.1% over the past year.
  • S0QA outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
S0QA
Industry
5yr Volatility vs Market

Value

 Is Scorpio Tankers undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Scorpio Tankers to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Scorpio Tankers.

DB:S0QA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:S0QA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 33%) (344.22%))
2.43
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:S0QA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Scorpio Tankers is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:S0QA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 162.14 Analyst x2 146.74
2021 432.76 Analyst x2 354.49
2022 499.00 Analyst x1 369.94
2023 544.13 Est @ 9.04% 365.10
2024 577.95 Est @ 6.21% 350.97
2025 602.41 Est @ 4.23% 331.10
2026 619.56 Est @ 2.85% 308.19
2027 631.18 Est @ 1.88% 284.16
2028 638.73 Est @ 1.2% 260.26
2029 643.33 Est @ 0.72% 237.25
Present value of next 10 years cash flows $3,008.00
DB:S0QA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $643.33 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$5,889.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,889.85 ÷ (1 + 10.49%)10
$2,172.08
DB:S0QA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,008.00 + $2,172.08
$5,180.08
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,180.08 / 55.11
$93.99
DB:S0QA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:S0QA represents 0.89874x of NYSE:STNG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89874x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 93.99 x 0.89874
€84.48
Value per share (EUR) From above. €84.48
Current discount Discount to share price of €15.00
= -1 x (€15.00 - €84.48) / €84.48
82.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Scorpio Tankers is available for.
Intrinsic value
>50%
Share price is €15 vs Future cash flow value of €84.48
Current Discount Checks
For Scorpio Tankers to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Scorpio Tankers's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Scorpio Tankers's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Scorpio Tankers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Scorpio Tankers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:S0QA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.97
NYSE:STNG Share Price ** NYSE (2020-04-07) in USD $16.69
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.51x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Scorpio Tankers.

DB:S0QA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:STNG Share Price ÷ EPS (both in USD)

= 16.69 ÷ -0.97

-17.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Scorpio Tankers is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Scorpio Tankers is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Scorpio Tankers's expected growth come at a high price?
Raw Data
DB:S0QA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -17.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
66.3%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Scorpio Tankers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Scorpio Tankers's assets?
Raw Data
DB:S0QA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $36.18
NYSE:STNG Share Price * NYSE (2020-04-07) in USD $16.69
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:S0QA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:STNG Share Price ÷ Book Value per Share (both in USD)

= 16.69 ÷ 36.18

0.46x

* Primary Listing of Scorpio Tankers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Scorpio Tankers is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Scorpio Tankers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Scorpio Tankers has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Scorpio Tankers expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
66.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Scorpio Tankers expected to grow at an attractive rate?
  • Scorpio Tankers's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Scorpio Tankers's earnings growth is expected to exceed the Germany market average.
  • Scorpio Tankers's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:S0QA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:S0QA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 66.3%
DB:S0QA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 14.8%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:S0QA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:S0QA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,098 519 288 2
2021-12-31 1,032 510 269 9
2020-12-31 1,027 452 190 8
2020-04-07
DB:S0QA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 704 210 -48
2019-09-30 650 163 -78
2019-06-30 633 126 -105
2019-03-31 624 98 -144
2018-12-31 585 58 -190
2018-09-30 566 -214
2018-06-30 570 35 -179
2018-03-31 546 43 -179
2017-12-31 513 42 -158
2017-09-30 470 59 -146
2017-06-30 462 112 -137
2017-03-31 480 133 -64

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Scorpio Tankers's earnings are expected to grow significantly at over 20% yearly.
  • Scorpio Tankers's revenue is expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:S0QA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Scorpio Tankers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:S0QA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 5.00 5.22 4.77 2.00
2021-12-31 5.02 10.02 1.65 8.00
2020-12-31 3.37 6.51 0.75 7.00
2020-04-07
DB:S0QA Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.97
2019-09-30 -1.64
2019-06-30 -2.41
2019-03-31 -3.67
2018-12-31 -5.46
2018-09-30 -7.06
2018-06-30 -6.31
2018-03-31 -7.09
2017-12-31 -7.35
2017-09-30 -7.93
2017-06-30 -8.19
2017-03-31 -3.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Scorpio Tankers is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Scorpio Tankers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Scorpio Tankers has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Scorpio Tankers performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Scorpio Tankers's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Scorpio Tankers does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Scorpio Tankers's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Scorpio Tankers's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Scorpio Tankers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Scorpio Tankers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:S0QA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 704.33 -48.49 62.30
2019-09-30 650.23 -78.20 59.46
2019-06-30 633.44 -104.62 56.54
2019-03-31 624.43 -143.80 54.36
2018-12-31 585.05 -190.07 52.27
2018-09-30 565.92 -213.91 50.71
2018-06-30 569.75 -179.15 50.88
2018-03-31 546.38 -178.50 49.23
2017-12-31 512.73 -158.24 47.51
2017-09-30 470.41 -146.40 48.45
2017-06-30 461.62 -136.56 48.40
2017-03-31 480.42 -64.47 49.79
2016-12-31 522.75 -24.90 54.90
2016-09-30 595.08 38.98 60.84
2016-06-30 708.88 151.34 66.78
2016-03-31 760.13 205.09 69.15
2015-12-31 755.71 217.75 65.83
2015-09-30 703.05 184.03 61.42
2015-06-30 557.80 97.61 54.67
2015-03-31 426.78 39.45 50.87
2014-12-31 342.81 52.09 48.13
2014-09-30 270.44 57.37 45.52
2014-06-30 245.30 59.20 40.35
2014-03-31 239.39 63.74 34.00
2013-12-31 207.58 17.02 25.79
2013-09-30 184.32 6.36 17.70
2013-06-30 155.23 -6.82 13.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Scorpio Tankers has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Scorpio Tankers used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Scorpio Tankers improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Scorpio Tankers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Scorpio Tankers has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Scorpio Tankers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Scorpio Tankers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Scorpio Tankers's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Scorpio Tankers's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Scorpio Tankers's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Scorpio Tankers Company Filings, last reported 3 months ago.

DB:S0QA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,976.99 1,234.75 202.30
2019-09-30 1,964.05 1,218.00 244.48
2019-06-30 1,825.10 1,390.45 467.22
2019-03-31 1,853.26 1,402.17 518.88
2018-12-31 1,839.01 1,489.93 593.65
2018-09-30 1,559.37 1,585.57 267.83
2018-06-30 1,625.38 2,041.61 164.58
2018-03-31 1,656.89 2,043.03 163.38
2017-12-31 1,685.30 2,050.05 186.46
2017-09-30 1,623.65 2,123.15 197.37
2017-06-30 1,432.24 2,029.33 280.41
2017-03-31 1,308.21 1,973.63 129.46
2016-12-31 1,315.20 1,882.68 99.89
2016-09-30 1,359.56 1,901.33 138.99
2016-06-30 1,403.72 1,926.37 183.86
2016-03-31 1,414.56 1,942.50 169.23
2015-12-31 1,413.89 1,996.62 200.97
2015-09-30 1,417.68 1,991.87 173.04
2015-06-30 1,406.51 1,917.68 226.86
2015-03-31 1,177.62 1,743.41 135.69
2014-12-31 1,162.85 1,571.73 116.14
2014-09-30 1,219.97 1,162.48 140.54
2014-06-30 1,332.27 807.89 357.31
2014-03-31 1,494.96 345.17 194.99
2013-12-31 1,450.72 168.01 78.85
2013-09-30 1,370.10 172.28 447.37
2013-06-30 1,162.22 174.20 520.85
  • Scorpio Tankers's level of debt (62.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (135.3% vs 62.5% today).
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.

  • Whilst loss making Scorpio Tankers has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Scorpio Tankers has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -58% per year.
X
Financial health checks
We assess Scorpio Tankers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Scorpio Tankers has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.4%
Current annual income from Scorpio Tankers dividends. Estimated to be 3.68% next year.
If you bought €2,000 of Scorpio Tankers shares you are expected to receive €48 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Scorpio Tankers's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Scorpio Tankers's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:S0QA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:S0QA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 1.70 2.00
2021-12-31 0.48 5.00
2020-12-31 0.40 7.00
2020-04-07
DB:S0QA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-31 0.400 2.366
2020-02-19 0.400 2.281
2019-11-07 0.400 1.287
2019-09-24 0.400 1.232
2019-07-31 0.400 1.516
2019-05-02 0.400 1.470
2018-10-31 0.400 2.057
2018-07-31 0.400 2.077
2018-04-25 0.400 1.464
2017-11-16 0.400 1.555
2017-09-13 0.400 1.137
2017-04-26 0.400 1.052
2017-02-13 0.400 0.961
2016-11-14 5.000 11.852
2016-07-28 5.000 10.801
2016-04-27 5.000 9.843
2016-02-29 5.000 8.344
2015-07-29 5.000 6.270
2015-04-27 5.000 5.042
2014-11-11 4.800 5.488
2014-07-28 4.000 4.567
2014-04-28 3.600 3.867
2014-02-24 3.200 3.332
2013-10-28 2.800 2.550
2013-07-29 1.400 1.396
2013-04-15 1.000 1.106
2011-08-16 0.000 0.000
2011-05-10 0.000 0.000
2011-04-21 0.000 0.000
2011-03-17 0.000 0.000
2010-11-15 0.000 0.000
2010-11-04 0.000 0.000
2010-08-19 0.000 0.000
2010-06-29 0.000 0.000
2010-04-01 33.600 28.907

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Scorpio Tankers's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
X
Income/ dividend checks
We assess Scorpio Tankers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Scorpio Tankers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Scorpio Tankers has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Scorpio Tankers's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Emanuele Lauro
AGE 40
TENURE AS CEO 10 years
CEO Bio

Mr. Emanuele A. Lauro serves as Chairman, Chief Executive Officer and Secretary at Hermitage Offshore Services Ltd. He is a Co-Founder of Scorpio Bulkers Inc. and has been its Chairman and Chief Executive Officer since April 9, 2013 and July 1, 2013 respectively. Mr. Lauro is the Founder of Scorpio Tankers Inc., and has been its Chairman and Chief Executive Officer since April 6, 2010. He joined Scorpio Group in 2003 and has been its Chief Executive Officer since 2004. He has been the Vice President of the Chamber of Shipping of Monaco since 2006. He was the Founder of RockTree Logistics Pte. Ltd. Over the course of the last few years, he has founded and developed the Scorpio Aframax Tanker Pool, Scorpio Panamax Tanker Pool and the Scorpio Handymax Tanker Pool which employ 10, 20 and 27 vessels, respectively, from Scorpio Group and third party participants. Mr. Lauro also founded Scorpio Logistics in May 2007. Furthermore, he formed a joint venture with Koenig & cie., Scorship Navigation, in August 2005 which engages in the identification, placement and management of certain international shipping investments on behalf of German Investors. In addition, he developed a joint venture company, Crewtech Philippines, in May 2007 which screens, trains and manages vessel staff for various third party owners of drybulk and tanker vessels. He serves as a Director of Scorpio Tankers Inc. He serves as a Director of United Shippers Limited. He has been a Director of Scorpio Bulkers Inc. since April 9, 2013. Mr. Lauro has a degree in international business from the European Business School, London.

CEO Compensation
  • Insufficient data for Emanuele to compare compensation growth.
  • Insufficient data for Emanuele to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Scorpio Tankers management team in years:

10
Average Tenure
51
Average Age
  • The average tenure for the Scorpio Tankers management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Emanuele Lauro

TITLE
Founder
AGE
40
TENURE
10 yrs

Robert Bugbee

TITLE
President & Director
AGE
59
TENURE
10 yrs

Brian Lee

TITLE
Chief Financial Officer
AGE
52
TENURE
10 yrs

Cam Mackey

TITLE
COO & Director
AGE
51
TENURE
10 yrs

Yang Fan

TITLE
Secretary
AGE
30
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Scorpio Tankers board of directors in years:

6.9
Average Tenure
57
Average Age
  • The tenure for the Scorpio Tankers board of directors is about average.
Board of Directors

Robert Bugbee

TITLE
President & Director
AGE
59
TENURE
10 yrs

Cam Mackey

TITLE
COO & Director
AGE
51
TENURE
6.9 yrs

Ademaro Lanzara

TITLE
Lead Independent Director
AGE
76
TENURE
4.3 yrs

Emanuele Lauro

TITLE
Founder
AGE
40
TENURE
10 yrs

Reidar Brekke

TITLE
Independent Director
AGE
58
TENURE
3.3 yrs

Alexandre Albertini

TITLE
Independent Director
AGE
42
TENURE
10 yrs

Marianne Økland

TITLE
Independent Director
AGE
57
TENURE
7 yrs

Jose Tarruella

TITLE
Independent Director
AGE
48
TENURE
6.9 yrs

Merrick Rayner

TITLE
Independent Director
AGE
63
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Scorpio Tankers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Scorpio Tankers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 27, 2020, it owned, finance leased, or bareboat chartered 137 product tankers, which included 42 LR2, 12 LR1, 62 MR, and 21 Handymax tankers with an average age of approximately 4.4 years. The company was founded in 2009 and is based in Monaco.

Details
Name: Scorpio Tankers Inc.
S0QA
Exchange: DB
Founded: 2009
$838,810,316
55,110,338
Website: http://www.scorpiotankers.com
Address: Scorpio Tankers Inc.
Le Millenium,
9, Boulevard Charles III,
Monaco,
98000,
Monaco
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE STNG Common Stock New York Stock Exchange US USD 31. Mar 2010
DB S0QA Common Stock Deutsche Boerse AG DE EUR 31. Mar 2010
BST S0QA Common Stock Boerse-Stuttgart DE EUR 31. Mar 2010
BMV STNG N Common Stock Bolsa Mexicana de Valores MX MXN 31. Mar 2010
Number of employees
Current staff
Staff numbers
22
Scorpio Tankers employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:06
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/31
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.