Of note is the ratio of KNOT Offshore Partners LP's sales and general administrative expense to its total operating expenses; merely 3.15% of US stocks have a lower such ratio.
As for revenue growth, note that KNOP's revenue has grown 82.27% over the past 12 months; that beats the revenue growth of 93.17% of US companies in our set.
KNOT Offshore Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 32.71%, greater than the shareholder yield of 92.13% of stocks in our set.
If you're looking for stocks that are quantitatively similar to KNOT Offshore Partners LP, a group of peers worth examining would be GOGL, TRTN, GLOG, GEL, and CMRE.
KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) Company Bio
KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil. The company was founded in 2013 and is based in Aberdeen, the United Kingdom.
KNOP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for KNOT Offshore Partners LP. To summarize, we found that KNOT Offshore Partners LP ranked in the 85th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for KNOT Offshore Partners LP ended up being:
33% of the company's capital comes from equity, which is greater than just 15.79% of stocks in our cash flow based forecasting set.
KNOT Offshore Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 21.79% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Industrials), KNOT Offshore Partners LP has a reliance on debt greater than 84.76% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BOMN, IESC, ACA, MLI, and PRIM can be thought of as valuation peers to KNOP, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
For those who don't know, KNOT Offshore Partners, KNOP, focuses on the shuttle tanker segment, where our ships transport oil from offshore production units to shoreside, and are essential part of the supply chain for our customers. Total revenue of $67.8 million, operating income of $28.4 million, and a net loss of $6.1 million, which is after taking into consideration the unrealized mark-to-market positions on our interest rate swaps, where we don't apply hedge accounting, and more comfortably quarter-by-quarter adjusted EBITDA of $50.8 million.