Knot Offshore Partners LP
NYSE:KNOP

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Knot Offshore Partners LP Logo
Knot Offshore Partners LP
NYSE:KNOP
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Price: 11.19 USD 3.8% Market Closed
Market Cap: $378.4m

EV/IC

0.6
Current
5%
Cheaper
vs 3-y average of 0.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
$852.1m
/
Invested Capital
$1.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
$852.1m
/
Invested Capital
$1.6B

Valuation Scenarios

Knot Offshore Partners LP is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth $11.81 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+12%
Average Downside
45%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.6 $11.19
0%
3-Year Average 0.6 $11.81
+6%
5-Year Average 0.6 $12.57
+12%
Industry Average 0 $0.05
-100%
Country Average 0 $0.06
-99%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
UK
Knot Offshore Partners LP
NYSE:KNOP
403.6m USD 0.6 25
CA
Enbridge Inc
TSX:ENB
164.4B CAD 1.2 22.7
US
Williams Companies Inc
NYSE:WMB
92.3B USD 2.1 35.3
US
Enterprise Products Partners LP
NYSE:EPD
82.2B USD 1.5 14.3
US
Kinder Morgan Inc
NYSE:KMI
72.4B USD 1.4 21.9
CA
TC Energy Corp
TSX:TRP
94.8B CAD 1.3 27.8
US
Energy Transfer LP
NYSE:ET
68.6B USD 1 16.4
US
ONEOK Inc
NYSE:OKE
56.9B USD 1.4 16.8
US
Cheniere Energy Inc
NYSE:LNG
56.8B USD 1.7 10.7
US
MPLX LP
NYSE:MPLX
57.7B USD 2 11.8
US
Targa Resources Corp
NYSE:TRGP
54.6B USD 3.1 29.6

Market Distribution

Higher than 90% of companies in United Kingdom
Percentile
90th
Based on 2 035 companies
90th percentile
0.6
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 141.2

Knot Offshore Partners LP
Glance View

Market Cap
378.4m USD
Industry
Energy

KNOT Offshore Partners LP engages in the operation and acquisition of shuttle tankers under long-term charters. The company is headquartered in Aberdeen, Aberdeenshire and currently employs 1 full-time employees. The company went IPO on 2013-10-04. The Company’s vessels in its fleet are chartered to Equinor, Petrobras Transporte S.A. (Transpetro), Repsol Sinopec Brasil, S.A. (Repsol), Royal Dutch Shell plc, Var, Galp Sinopec Brazil Services B.V. (Galp), Shipping S.p.A. (ENI) and a subsidiary of KNOT. The firm had a fleet of over 16 shuttle tankers. Its shuttle tankers include the Windsor Knutsen, the Bodil Knutsen, the Recife Knutsen, the Fortaleza Knutsen, the Carmen Knutsen, the Hilda Knutsen, the Torill Knutsen, the Dan Cisne, the Dan Sabia, the Ingrid Knutsen, the Raquel Knutsen, the Tordis Knutsen, the Vigdis Knutsen, the Lena Knutsen, the Brasil Knutsen, the Anna Knutsen and the Tove Knutsen.

KNOP Intrinsic Value
8.4 USD
Overvaluation 25%
Intrinsic Value
Price $11.19
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