EURONAV NV (EURN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EURN - BE0003816338 - Common Stock
16.31 USD
0 (0%)
16.56 USD
+0.25 (+1.53%)
Taking everything into account, EURN scores 7 out of 10 in our fundamental rating. EURN was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While EURN has a great profitability rating, there are some minor concerns on its financial health. EURN is valued quite cheap, while showing a decent growth score. This is a good combination! Finally EURN also has an excellent dividend rating. With these ratings, EURN could be worth investigating further for value and dividend 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
With an excellent Return On Assets value of 39.20%, EURN belongs to the best of the industry, outperforming 95.28% of the companies in the same industry.
EURN has a better Return On Equity (75.63%) than 94.34% of its industry peers.
EURN has a better Return On Invested Capital (20.84%) than 91.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROIC | 20.84% |
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
The Profit Margin of EURN (83.69%) is better than 93.40% of its industry peers.
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 85.38% of the companies in the same industry.
EURN's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 68.73%, EURN is doing good in the industry, outperforming 74.06% of the companies in the same industry.
In the last couple of years the Gross Margin of EURN has grown nicely.
| 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
EURN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, EURN has more shares outstanding
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.
With a decent Altman-Z score value of 2.64, EURN is doing good in the industry, outperforming 69.34% 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.
The Debt to FCF ratio of EURN (3.08) is better than 68.40% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that EURN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.60, EURN perfoms like the industry average, outperforming 42.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 2.64 |
ROIC/WACC2.69
WACC7.74%
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 has a Current ratio (1.33) which is comparable to the rest of the industry.
A Quick Ratio of 1.28 indicates that EURN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.28, EURN is in the better half of the industry, outperforming 62.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 180.38% over the past year.
EURN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.93% yearly.
The Revenue has grown by 23.67% in the past year. This is a very strong growth!
The Revenue has been growing by 15.53% on average over the past years. This is quite good.
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
Based on estimates for the next years, EURN will show a very negative growth in Earnings Per Share. The EPS will decrease by -23.36% on average per year.
Based on estimates for the next years, EURN will show a small growth in Revenue. The Revenue will grow by 0.43% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
The Price/Earnings ratio is 2.78, which indicates a rather cheap valuation of EURN.
Based on the Price/Earnings ratio, EURN is valued cheaply inside the industry as 98.11% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of EURN to the average of the S&P500 Index (26.15), we can say EURN is valued rather cheaply.
EURN is valuated cheaply with a Price/Forward Earnings ratio of 6.86.
EURN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EURN is cheaper than 79.25% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. EURN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.78 | ||
| Fwd PE | 6.86 |
4.2 Price Multiples
72.17% of the companies in the same industry are more expensive than EURN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, EURN is valued cheaply inside the industry as 80.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.99 | ||
| EV/EBITDA | 4.55 |
4.3 Compensation for Growth
EURN has an outstanding profitability rating, which may justify a higher PE ratio.
EURN's earnings are expected to decrease with -23.36% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 59.90%, EURN is a good candidate for dividend investing.
EURN's Dividend Yield is rather good when compared to the industry average which is at 5.88. EURN pays more dividend than 100.00% of the companies in the same industry.
EURN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 59.9% |
5.2 History
The dividend of EURN is nicely growing with an annual growth rate of 91.85%!
EURN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of EURN decreased in the last 3 years.
Dividend Growth(5Y)91.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
EURN pays out 43.64% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP43.64%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
16.31
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.55%
Inst Owner Change1473.51%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.59B
Revenue(TTM)1.75B
Net Income(TTM)1.47B
Analysts76.67
Price Target18.38 (12.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 59.9% |
Yearly Dividend3.12
Dividend Growth(5Y)91.85%
DP43.64%
Div Incr Years2
Div Non Decr Years2
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)0.52%
PT rev (3m)-8.32%
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 | 2.78 | ||
| Fwd PE | 6.86 | ||
| P/S | 2.05 | ||
| P/FCF | 6.99 | ||
| P/OCF | 4.17 | ||
| P/B | 1.85 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 4.55 |
EPS(TTM)5.86
EY35.93%
EPS(NY)2.38
Fwd EY14.58%
FCF(TTM)2.33
FCFY14.31%
OCF(TTM)3.91
OCFY23.98%
SpS7.97
BVpS8.82
TBVpS8.74
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 | 20.84% | ||
| ROICexc | 24.92% | ||
| ROICexgc | 25.09% | ||
| 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
WACC7.74%
ROIC/WACC2.69
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 FAQ
Can you provide the ChartMill fundamental rating for EURONAV NV?
ChartMill assigns a fundamental rating of 7 / 10 to EURN.
What is the valuation status of EURONAV NV (EURN) stock?
ChartMill assigns a valuation rating of 8 / 10 to EURONAV NV (EURN). This can be considered as Undervalued.
Can you provide the profitability details for EURONAV NV?
EURONAV NV (EURN) has a profitability rating of 8 / 10.
What are the PE and PB ratios of EURONAV NV (EURN) stock?
The Price/Earnings (PE) ratio for EURONAV NV (EURN) is 2.78 and the Price/Book (PB) ratio is 1.85.
What is the expected EPS growth for EURONAV NV (EURN) stock?
The Earnings per Share (EPS) of EURONAV NV (EURN) is expected to decline by -42.87% in the next year.