EURONAV NV (EURN.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:EURN - BE0003816338 - Common Stock
14.89 EUR
0 (0%)
EURN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 70 industry peers in the Oil, Gas & Consumable Fuels industry. While EURN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EURN may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make EURN suitable for value investing!
1. Profitability
1.1 Basic Checks
EURN had positive earnings in the past year.
In the past year EURN had a positive cash flow from operations.
EURN had positive earnings in 4 of the past 5 years.
EURN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of EURN (39.20%) is better than 98.33% of its industry peers.
EURN has a Return On Equity of 75.63%. This is amongst the best in the industry. EURN outperforms 96.67% of its industry peers.
EURN has a Return On Invested Capital of 19.79%. This is amongst the best in the industry. EURN outperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROIC | 19.79% |
ROA(3y)7.08%
ROA(5y)7.35%
ROE(3y)9.49%
ROE(5y)10.76%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 83.69%, EURN belongs to the best of the industry, outperforming 98.33% of the companies in the same industry.
In the last couple of years the Profit Margin of EURN has grown nicely.
With an excellent Operating Margin value of 46.80%, EURN belongs to the best of the industry, outperforming 88.33% of the companies in the same industry.
In the last couple of years the Operating Margin of EURN has grown nicely.
Looking at the Gross Margin, with a value of 68.73%, EURN is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
EURN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.8% | ||
| PM (TTM) | 83.69% | ||
| GM | 68.73% |
OM growth 3Y4.59%
OM growth 5YN/A
PM growth 3Y21.12%
PM growth 5YN/A
GM growth 3Y-0.85%
GM growth 5Y8.95%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EURN is creating value.
EURN has more shares outstanding than it did 1 year ago.
EURN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, EURN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.64 indicates that EURN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.64, EURN is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of EURN is 3.08, which is a good value as it means it would take EURN, 3.08 years of fcf income to pay off all of its debts.
EURN has a Debt to FCF ratio of 3.08. This is in the better half of the industry: EURN outperforms 61.67% of its industry peers.
EURN has a Debt/Equity ratio of 0.60. This is a neutral value indicating EURN is somewhat dependend on debt financing.
EURN has a worse Debt to Equity ratio (0.60) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 2.64 |
ROIC/WACC2.59
WACC7.63%
2.3 Liquidity
EURN has a Current Ratio of 1.33. This is a normal value and indicates that EURN is financially healthy and should not expect problems in meeting its short term obligations.
EURN's Current ratio of 1.33 is on the low side compared to the rest of the industry. EURN is outperformed by 60.00% of its industry peers.
A Quick Ratio of 1.28 indicates that EURN should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.28, EURN perfoms like the industry average, outperforming 51.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
EURN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 180.38%, which is quite impressive.
The Earnings Per Share has been growing by 24.93% on average over the past years. This is a very strong growth
EURN shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.67%.
Measured over the past years, EURN shows a quite strong growth in Revenue. The Revenue has been growing by 15.53% on average per year.
EPS 1Y (TTM)180.38%
EPS 3Y24.93%
EPS 5YN/A
EPS Q2Q%182.76%
Revenue 1Y (TTM)23.67%
Revenue growth 3Y0.68%
Revenue growth 5Y15.53%
Sales Q2Q%-29.29%
3.2 Future
EURN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.36% yearly.
The Revenue is expected to grow by 0.43% on average over the next years.
EPS Next Y-42.87%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
EPS Next 5YN/A
Revenue Next Year-16.96%
Revenue Next 2Y-3.81%
Revenue Next 3Y0.43%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 2.77, the valuation of EURN can be described as very cheap.
Based on the Price/Earnings ratio, EURN is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of EURN to the average of the S&P500 Index (26.59), we can say EURN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.82, the valuation of EURN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EURN indicates a somewhat cheap valuation: EURN is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, EURN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.77 | ||
| Fwd PE | 6.82 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as EURN.
Based on the Price/Free Cash Flow ratio, EURN is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.95 | ||
| EV/EBITDA | 4.53 |
4.3 Compensation for Growth
The excellent profitability rating of EURN may justify a higher PE ratio.
A cheap valuation may be justified as EURN's earnings are expected to decrease with -23.36% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
5. Dividend
5.1 Amount
EURN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:EURN (7/12/2024, 7:00:00 PM)
14.89
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.28B
Revenue(TTM)1.75B
Net Income(TTM)1.47B
Analysts76.67
Price Target16.95 (13.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend3.12
Dividend Growth(5Y)91.85%
DP43.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)312.39%
Min EPS beat(2)294.49%
Max EPS beat(2)330.29%
EPS beat(4)4
Avg EPS beat(4)163.02%
Min EPS beat(4)2.43%
Max EPS beat(4)330.29%
EPS beat(8)7
Avg EPS beat(8)99.9%
EPS beat(12)9
Avg EPS beat(12)68.55%
EPS beat(16)10
Avg EPS beat(16)47.36%
Revenue beat(2)0
Avg Revenue beat(2)-3.71%
Min Revenue beat(2)-5.44%
Max Revenue beat(2)-1.97%
Revenue beat(4)2
Avg Revenue beat(4)0.52%
Min Revenue beat(4)-5.44%
Max Revenue beat(4)7.33%
Revenue beat(8)6
Avg Revenue beat(8)29.26%
Revenue beat(12)10
Avg Revenue beat(12)39.54%
Revenue beat(16)14
Avg Revenue beat(16)48.53%
PT rev (1m)0%
PT rev (3m)-8.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.61%
EPS NY rev (1m)0%
EPS NY rev (3m)5.6%
Revenue NQ rev (1m)2.6%
Revenue NQ rev (3m)-6.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.77 | ||
| Fwd PE | 6.82 | ||
| P/S | 2.03 | ||
| P/FCF | 6.95 | ||
| P/OCF | 4.15 | ||
| P/B | 1.84 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 4.53 |
EPS(TTM)5.38
EY36.13%
EPS(NY)2.18
Fwd EY14.67%
FCF(TTM)2.14
FCFY14.39%
OCF(TTM)3.59
OCFY24.12%
SpS7.32
BVpS8.1
TBVpS8.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROCE | 26.38% | ||
| ROIC | 19.79% | ||
| ROICexc | 23.66% | ||
| ROICexgc | 23.82% | ||
| OM | 46.8% | ||
| PM (TTM) | 83.69% | ||
| GM | 68.73% | ||
| FCFM | 29.27% |
ROA(3y)7.08%
ROA(5y)7.35%
ROE(3y)9.49%
ROE(5y)10.76%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y14.99%
ROICexgc growth 5YN/A
ROICexc growth 3Y14.77%
ROICexc growth 5YN/A
OM growth 3Y4.59%
OM growth 5YN/A
PM growth 3Y21.12%
PM growth 5YN/A
GM growth 3Y-0.85%
GM growth 5Y8.95%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 169.32% | ||
| Cap/Sales | 19.79% | ||
| Interest Coverage | 7.2 | ||
| Cash Conversion | 83.89% | ||
| Profit Quality | 34.97% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 2.64 |
F-Score6
WACC7.63%
ROIC/WACC2.59
Cap/Depr(3y)171.91%
Cap/Depr(5y)117.72%
Cap/Sales(3y)63.03%
Cap/Sales(5y)41.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)180.38%
EPS 3Y24.93%
EPS 5YN/A
EPS Q2Q%182.76%
EPS Next Y-42.87%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
EPS Next 5YN/A
Revenue 1Y (TTM)23.67%
Revenue growth 3Y0.68%
Revenue growth 5Y15.53%
Sales Q2Q%-29.29%
Revenue Next Year-16.96%
Revenue Next 2Y-3.81%
Revenue Next 3Y0.43%
Revenue Next 5YN/A
EBIT growth 1Y95.73%
EBIT growth 3Y5.3%
EBIT growth 5YN/A
EBIT Next Year0.76%
EBIT Next 3Y3.89%
EBIT Next 5YN/A
FCF growth 1Y239.23%
FCF growth 3Y-12.5%
FCF growth 5YN/A
OCF growth 1Y816.22%
OCF growth 3Y-4.78%
OCF growth 5Y297.76%
EURONAV NV / EURN.BR FAQ
Can you provide the ChartMill fundamental rating for EURONAV NV?
ChartMill assigns a fundamental rating of 6 / 10 to EURN.BR.
What is the valuation status of EURONAV NV (EURN.BR) stock?
ChartMill assigns a valuation rating of 7 / 10 to EURONAV NV (EURN.BR). This can be considered as Undervalued.
Can you provide the profitability details for EURONAV NV?
EURONAV NV (EURN.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of EURONAV NV (EURN.BR) stock?
The Price/Earnings (PE) ratio for EURONAV NV (EURN.BR) is 2.77 and the Price/Book (PB) ratio is 1.84.
What is the expected EPS growth for EURONAV NV (EURN.BR) stock?
The Earnings per Share (EPS) of EURONAV NV (EURN.BR) is expected to decline by -42.87% in the next year.