NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - NYSE:NAT - BMG657731060 - Common Stock
3.56 USD
-0.03 (-0.84%)
3.56 USD
0 (0%)
NAT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of NAT get a neutral evaluation. Nothing too spectacular is happening here. NAT has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NAT has reported negative net income.
NAT had a positive operating cash flow in the past year.
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 Return On Assets (4.18%) which is comparable to the rest of the industry.
NAT's Return On Equity of 7.24% is in line compared to the rest of the industry. NAT outperforms 50.00% of its industry peers.
With a Return On Invested Capital value of 5.71%, NAT perfoms like the industry average, outperforming 52.86% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NAT is significantly below the industry average of 21.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 7.24% | ||
| ROIC | 5.71% |
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 (11.07%) is comparable to the rest of the industry.
NAT's Operating Margin of 16.91% is in line compared to the rest of the industry. NAT outperforms 49.52% of its industry peers.
In the last couple of years the Operating Margin of NAT has grown nicely.
Looking at the Gross Margin, with a value of 42.39%, NAT is in line with its industry, outperforming 50.95% of the companies in the same industry.
In the last couple of years the Gross Margin of NAT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.91% | ||
| PM (TTM) | 11.07% | ||
| GM | 42.39% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NAT is destroying value.
Compared to 1 year ago, NAT has more shares outstanding
Compared to 5 years ago, NAT has more shares outstanding
Compared to 1 year ago, NAT has an improved debt to assets ratio.
2.2 Solvency
NAT has a debt to FCF ratio of 3.93. This is a good value and a sign of high solvency as NAT would need 3.93 years to pay back of all of its debts.
NAT's Debt to FCF ratio of 3.93 is fine compared to the rest of the industry. NAT outperforms 70.95% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that NAT is somewhat dependend on debt financing.
NAT has a Debt to Equity ratio of 0.53. This is comparable to the rest of the industry: NAT outperforms 46.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.62
WACC9.17%
2.3 Liquidity
NAT has a Current Ratio of 1.54. This is a normal value and indicates that NAT is financially healthy and should not expect problems in meeting its short term obligations.
NAT has a better Current ratio (1.54) than 67.62% of its industry peers.
A Quick Ratio of 1.34 indicates that NAT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.34, NAT is in the better half of the industry, outperforming 67.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The earnings per share for NAT have decreased strongly by -103.45% in the last year.
NAT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.14%.
NAT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.97% yearly.
EPS 1Y (TTM)-103.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-140%
Revenue 1Y (TTM)-17.14%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-39.25%
3.2 Future
NAT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.47% yearly.
NAT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.26% yearly.
EPS Next Y-61.9%
EPS Next 2Y16.52%
EPS Next 3Y23.47%
EPS Next 5YN/A
Revenue Next Year-12.18%
Revenue Next 2Y10.29%
Revenue Next 3Y5.26%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better 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.
A Price/Forward Earnings ratio of 11.92 indicates a reasonable valuation of NAT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NAT indicates a somewhat cheap valuation: NAT is cheaper than 61.90% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NAT to the average of the S&P500 Index (32.68), we can say NAT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.92 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NAT.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NAT indicates a somewhat cheap valuation: NAT is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| EV/EBITDA | 8.95 |
4.3 Compensation for Growth
A more expensive valuation may be justified as NAT's earnings are expected to grow with 23.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.52%
EPS Next 3Y23.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.52%, NAT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.76, NAT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, NAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.52% |
5.2 History
On average, the dividend of NAT grows each year by 33.35%, which is quite nice.
NAT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)33.35%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NAT pays out 264.15% of its income as dividend. This is not a sustainable payout ratio.
NAT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP264.15%
EPS Next 2Y16.52%
EPS Next 3Y23.47%
3.56
-0.03 (-0.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners40.24%
Inst Owner Change0.75%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap753.83M
Revenue(TTM)301.17M
Net Income(TTM)36.23M
Analysts76
Price Target3.67 (3.09%)
Short Float %7.02%
Short Ratio5.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.52% |
Yearly Dividend0.42
Dividend Growth(5Y)33.35%
DP264.15%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-121.2%
Min EPS beat(2)-170.15%
Max EPS beat(2)-72.24%
EPS beat(4)1
Avg EPS beat(4)-60.46%
Min EPS beat(4)-170.15%
Max EPS beat(4)1.55%
EPS beat(8)1
Avg EPS beat(8)-41.46%
EPS beat(12)3
Avg EPS beat(12)-26.13%
EPS beat(16)3
Avg EPS beat(16)-22.56%
Revenue beat(2)0
Avg Revenue beat(2)-20.6%
Min Revenue beat(2)-30.58%
Max Revenue beat(2)-10.61%
Revenue beat(4)1
Avg Revenue beat(4)-10.27%
Min Revenue beat(4)-30.58%
Max Revenue beat(4)1.11%
Revenue beat(8)3
Avg Revenue beat(8)-9.54%
Revenue beat(12)5
Avg Revenue beat(12)9.91%
Revenue beat(16)6
Avg Revenue beat(16)20.65%
PT rev (1m)3.6%
PT rev (3m)2.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.11%
EPS NY rev (3m)-70.28%
Revenue NQ rev (1m)9.52%
Revenue NQ rev (3m)-8.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-22.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.92 | ||
| P/S | 2.3 | ||
| P/FCF | 8.7 | ||
| P/OCF | 8.44 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 8.95 |
EPS(TTM)-0.01
EYN/A
EPS(NY)0.3
Fwd EY8.39%
FCF(TTM)0.41
FCFY11.49%
OCF(TTM)0.42
OCFY11.85%
SpS1.54
BVpS2.36
TBVpS2.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 7.24% | ||
| ROCE | 7.22% | ||
| ROIC | 5.71% | ||
| ROICexc | 6.6% | ||
| ROICexgc | 6.6% | ||
| OM | 16.91% | ||
| PM (TTM) | 11.07% | ||
| GM | 42.39% | ||
| FCFM | 26.47% |
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-Score4
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.93 | ||
| Debt/EBITDA | 2.37 | ||
| Cap/Depr | 4.83% | ||
| Cap/Sales | 0.83% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.12% | ||
| Profit Quality | 239.04% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | N/A |
F-Score4
WACC9.17%
ROIC/WACC0.62
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)-103.45%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-140%
EPS Next Y-61.9%
EPS Next 2Y16.52%
EPS Next 3Y23.47%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.14%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-39.25%
Revenue Next Year-12.18%
Revenue Next 2Y10.29%
Revenue Next 3Y5.26%
Revenue Next 5YN/A
EBIT growth 1Y-42.47%
EBIT growth 3YN/A
EBIT growth 5Y19.29%
EBIT Next Year26.26%
EBIT Next 3Y27.74%
EBIT Next 5YN/A
FCF growth 1Y10.18%
FCF growth 3YN/A
FCF growth 5Y27.27%
OCF growth 1Y6.57%
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 4 / 10 to NAT.
Can you provide the valuation status for NORDIC AMERICAN TANKERS LTD?
ChartMill assigns a valuation rating of 4 / 10 to NORDIC AMERICAN TANKERS LTD (NAT). This can be considered as Fairly Valued.
How profitable is NORDIC AMERICAN TANKERS LTD (NAT) stock?
NORDIC AMERICAN TANKERS LTD (NAT) has a profitability rating of 4 / 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 -61.9% in the next year.