NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NAT - BMG657731060 - Common Stock
3.53 USD
-0.04 (-1.12%)
3.5799 USD
+0.05 (+1.41%)
Overall NAT gets a fundamental rating of 3 out of 10. We evaluated NAT against 209 industry peers in the Oil, Gas & Consumable Fuels industry. NAT has a bad profitability rating. Also its financial health evaluation is rather negative. NAT does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year NAT has reported negative net income.
Of the past 5 years NAT 4 years were profitable.
Of the past 5 years NAT 4 years had a positive operating cash flow.
1.2 Ratios
NAT has a worse Return On Assets (0.21%) than 67.46% of its industry peers.
NAT has a Return On Equity of 0.41%. This is in the lower half of the industry: NAT underperforms 66.51% of its industry peers.
The Return On Invested Capital of NAT (1.59%) is worse than 72.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NAT is significantly below the industry average of 20.87%.
The last Return On Invested Capital (1.59%) for NAT is well below the 3 year average (8.03%), which needs to be investigated, but indicates that NAT had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.41% | ||
| ROIC | 1.59% |
ROA(3y)6.22%
ROA(5y)0.73%
ROE(3y)10.1%
ROE(5y)0.85%
ROIC(3y)8.03%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of NAT (0.65%) is worse than 65.07% of its industry peers.
With a Operating Margin value of 5.87%, NAT is not doing good in the industry: 64.11% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of NAT has grown nicely.
NAT has a Gross Margin (35.29%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of NAT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.87% | ||
| PM (TTM) | 0.65% | ||
| GM | 35.29% |
OM growth 3YN/A
OM growth 5Y16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y6.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NAT is destroying value.
Compared to 1 year ago, NAT has more shares outstanding
The number of shares outstanding for NAT has been increased compared to 5 years ago.
NAT has a better debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.86 indicates that NAT is somewhat dependend on debt financing.
NAT has a worse Debt to Equity ratio (0.86) than 67.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.17
WACC9.29%
2.3 Liquidity
A Current Ratio of 1.95 indicates that NAT should not have too much problems paying its short term obligations.
NAT has a better Current ratio (1.95) than 77.03% of its industry peers.
A Quick Ratio of 1.64 indicates that NAT should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.64, NAT is doing good in the industry, outperforming 76.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The earnings per share for NAT have decreased strongly by -120.69% in the last year.
NAT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.77%.
The Revenue has been growing slightly by 1.97% on average over the past years.
EPS 1Y (TTM)-120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
3.2 Future
The Earnings Per Share is expected to grow by 6.53% on average over the next years.
Based on estimates for the next years, NAT will show a small growth in Revenue. The Revenue will grow by 1.26% on average per year.
EPS Next Y-53.17%
EPS Next 2Y11.75%
EPS Next 3Y6.53%
EPS Next 5YN/A
Revenue Next Year-12.02%
Revenue Next 2Y7.77%
Revenue Next 3Y1.26%
Revenue Next 5YN/A
3.3 Evolution
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
NAT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 12.85, which indicates a correct valuation of NAT.
The rest of the industry has a similar Price/Forward Earnings ratio as NAT.
NAT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.85 |
4.2 Price Multiples
NAT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. NAT is more expensive than 66.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.26 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.75%
EPS Next 3Y6.53%
5. Dividend
5.1 Amount
NAT has a Yearly Dividend Yield of 9.63%, which is a nice return.
NAT's Dividend Yield is rather good when compared to the industry average which is at 5.71. NAT pays more dividend than 89.00% of the companies in the same industry.
NAT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.63% |
5.2 History
The dividend of NAT is nicely growing with an annual growth rate of 33.35%!
NAT has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)33.35%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1313.26% of the earnings are spent on dividend by NAT. This is not a sustainable payout ratio.
The dividend of NAT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP1313.26%
EPS Next 2Y11.75%
EPS Next 3Y6.53%
3.53
-0.04 (-1.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.92%
Inst Owner Change9.43%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap747.48M
Revenue(TTM)294.82M
Net Income(TTM)1.91M
Analysts76
Price Target3.93 (11.33%)
Short Float %6.71%
Short Ratio4.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.63% |
Yearly Dividend0.42
Dividend Growth(5Y)33.35%
DP1313.26%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-171.33%
Min EPS beat(2)-176.65%
Max EPS beat(2)-166.01%
EPS beat(4)0
Avg EPS beat(4)-146.26%
Min EPS beat(4)-176.65%
Max EPS beat(4)-72.24%
EPS beat(8)1
Avg EPS beat(8)-82.08%
EPS beat(12)2
Avg EPS beat(12)-56.74%
EPS beat(16)3
Avg EPS beat(16)-41.78%
Revenue beat(2)0
Avg Revenue beat(2)-23.51%
Min Revenue beat(2)-35.18%
Max Revenue beat(2)-11.85%
Revenue beat(4)0
Avg Revenue beat(4)-22.05%
Min Revenue beat(4)-35.18%
Max Revenue beat(4)-10.61%
Revenue beat(8)1
Avg Revenue beat(8)-15.54%
Revenue beat(12)5
Avg Revenue beat(12)7.48%
Revenue beat(16)6
Avg Revenue beat(16)30.27%
PT rev (1m)6.94%
PT rev (3m)10.79%
EPS NQ rev (1m)7.95%
EPS NQ rev (3m)43.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-63.08%
Revenue NQ rev (1m)5.5%
Revenue NQ rev (3m)1.82%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)-22.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.85 | ||
| P/S | 2.54 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.62 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 15.26 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.27
Fwd EY7.78%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.39
BVpS2.18
TBVpS2.18
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.41% | ||
| ROCE | 2.02% | ||
| ROIC | 1.59% | ||
| ROICexc | 1.73% | ||
| ROICexgc | 1.73% | ||
| OM | 5.87% | ||
| PM (TTM) | 0.65% | ||
| GM | 35.29% | ||
| FCFM | N/A |
ROA(3y)6.22%
ROA(5y)0.73%
ROE(3y)10.1%
ROE(5y)0.85%
ROIC(3y)8.03%
ROIC(5y)N/A
ROICexc(3y)8.44%
ROICexc(5y)N/A
ROICexgc(3y)8.44%
ROICexgc(5y)N/A
ROCE(3y)10.17%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y25.4%
ROICexc growth 3YN/A
ROICexc growth 5Y25.4%
OM growth 3YN/A
OM growth 5Y16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y6.11%
F-ScoreN/A
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.41 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC9.29%
ROIC/WACC0.17
Cap/Depr(3y)52.71%
Cap/Depr(5y)35.03%
Cap/Sales(3y)7.02%
Cap/Sales(5y)5.08%
Profit Quality(3y)153.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
EPS Next Y-53.17%
EPS Next 2Y11.75%
EPS Next 3Y6.53%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
Revenue Next Year-12.02%
Revenue Next 2Y7.77%
Revenue Next 3Y1.26%
Revenue Next 5YN/A
EBIT growth 1Y-81.34%
EBIT growth 3YN/A
EBIT growth 5Y19.29%
EBIT Next Year22.34%
EBIT Next 3Y19.33%
EBIT Next 5YN/A
FCF growth 1Y90.86%
FCF growth 3YN/A
FCF growth 5Y27.27%
OCF growth 1Y-8.09%
OCF growth 3YN/A
OCF growth 5Y26.16%
NORDIC AMERICAN TANKERS LTD / NAT FAQ
What is the fundamental rating for NAT stock?
ChartMill assigns a fundamental rating of 3 / 10 to NAT.
Can you provide the valuation status for NORDIC AMERICAN TANKERS LTD?
ChartMill assigns a valuation rating of 1 / 10 to NORDIC AMERICAN TANKERS LTD (NAT). This can be considered as Overvalued.
How profitable is NORDIC AMERICAN TANKERS LTD (NAT) stock?
NORDIC AMERICAN TANKERS LTD (NAT) has a profitability rating of 3 / 10.
What is the earnings growth outlook for NORDIC AMERICAN TANKERS LTD?
The Earnings per Share (EPS) of NORDIC AMERICAN TANKERS LTD (NAT) is expected to decline by -53.17% in the next year.