EURONAV NV (EURN) Stock Fundamental Analysis
USA - 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. EURN has an excellent profitability rating, but 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! EURN also has an excellent dividend rating. This makes EURN very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year EURN was profitable.
In the past year EURN had a positive cash flow from operations.
Of the past 5 years EURN 4 years were profitable.
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 95.28% of its industry peers.
With an excellent Return On Equity value of 75.63%, EURN belongs to the best of the industry, outperforming 94.34% of the companies in the same industry.
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
EURN's Profit Margin of 83.69% is amongst the best of the industry. EURN outperforms 93.40% of its industry peers.
EURN's Profit Margin has improved in the last couple of years.
The Operating Margin of EURN (46.80%) is better than 85.38% of its industry peers.
EURN's Operating Margin has improved in the last couple of years.
EURN's Gross Margin of 68.73% is fine compared to the rest of the industry. EURN outperforms 74.06% of its industry peers.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EURN is creating value.
The number of shares outstanding for EURN has been increased compared to 1 year ago.
EURN has less shares outstanding than it did 5 years ago.
EURN has a better debt/assets ratio than last year.
2.2 Solvency
EURN has an Altman-Z score of 2.64. This is not the best score and indicates that EURN is in the grey zone with still only limited risk for bankruptcy at the moment.
EURN has a Altman-Z score of 2.64. This is in the better half of the industry: EURN outperforms 69.34% of its industry peers.
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's Debt to FCF ratio of 3.08 is fine compared to the rest of the industry. EURN outperforms 68.40% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that EURN is somewhat dependend on debt financing.
EURN has a Debt to Equity ratio of 0.60. This is comparable to the rest of the industry: EURN outperforms 42.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 2.64 |
ROIC/WACC2.69
WACC7.74%
2.3 Liquidity
A Current Ratio of 1.33 indicates that EURN should not have too much problems paying its short term obligations.
The Current ratio of EURN (1.33) is comparable to the rest of the industry.
EURN has a Quick Ratio of 1.28. This is a normal value and indicates that EURN is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.28, EURN is doing good in 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.
The Earnings Per Share has been growing by 24.93% on average over the past years. This is a very strong growth
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.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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 cheaper than 98.11% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, EURN is valued rather cheaply.
The Price/Forward Earnings ratio is 6.86, which indicates a rather cheap valuation of EURN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EURN indicates a somewhat cheap valuation: EURN is cheaper than 79.25% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. EURN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.78 | ||
| Fwd PE | 6.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EURN indicates a somewhat cheap valuation: EURN is cheaper than 72.17% of the companies listed in the same industry.
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.
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 has a Yearly Dividend Yield of 59.90%, which is a nice return.
Compared to an average industry Dividend Yield of 6.76, EURN pays a better dividend. On top of this EURN pays more dividend than 100.00% of the companies listed in the same industry.
EURN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 59.9% |
5.2 History
On average, the dividend of EURN grows each year by 91.85%, which is quite nice.
EURN has paid a dividend for at least 10 years, which is a reliable track record.
EURN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)91.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
43.64% of the earnings are spent on dividend by EURN. 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 Change15%
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.