NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NAT - BMG657731060 - Common Stock
3.91 USD
+0.01 (+0.26%)
3.8956 USD
-0.01 (-0.37%)
We assign a fundamental rating of 3 out of 10 to NAT. NAT was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of NAT have multiple concerns. NAT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NAT has reported negative net income.
NAT had positive earnings in 4 of the past 5 years.
NAT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NAT's Return On Assets of 0.21% is on the low side compared to the rest of the industry. NAT is outperformed by 67.79% of its industry peers.
Looking at the Return On Equity, with a value of 0.41%, NAT is doing worse than 66.83% of the companies in the same industry.
NAT has a Return On Invested Capital of 1.59%. This is in the lower half of the industry: NAT underperforms 71.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NAT is significantly below the industry average of 21.28%.
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 65.87% of its industry peers.
The Operating Margin of NAT (5.87%) is worse than 62.98% of its industry peers.
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.
NAT's Gross Margin has improved in the last couple of years.
| 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
NAT has more shares outstanding than it did 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's Debt to Equity ratio of 0.86 is on the low side compared to the rest of the industry. NAT is outperformed by 65.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.18
WACC9.06%
2.3 Liquidity
A Current Ratio of 1.95 indicates that NAT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.95, NAT is doing good in the industry, outperforming 76.44% of the companies in the same industry.
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 75.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
NAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -120.69%.
The Revenue for NAT has decreased by -19.77% in the past year. This is quite bad
NAT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.97% yearly.
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
Based on estimates for the next years, NAT will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.90% on average per year.
NAT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.93% yearly.
EPS Next Y-83.93%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
EPS Next 5YN/A
Revenue Next Year-16.59%
Revenue Next 2Y2.45%
Revenue Next 3Y-2.93%
Revenue Next 5YN/A
3.3 Evolution
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 negative for NAT. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 16.30, the valuation of NAT can be described as correct.
NAT's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.88. NAT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NAT is valued a bit more expensive than 67.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.21 |
4.3 Compensation for Growth
NAT's earnings are expected to decrease with -16.90% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.47%, NAT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.96, NAT pays a better dividend. On top of this NAT pays more dividend than 92.31% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, NAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.47% |
5.2 History
On average, the dividend of NAT grows each year by 33.35%, which is quite nice.
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.
NAT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP1313.26%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
3.91
+0.01 (+0.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners43.91%
Inst Owner Change0%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap827.94M
Revenue(TTM)294.82M
Net Income(TTM)1.91M
Analysts76
Price Target3.93 (0.51%)
Short Float %7.31%
Short Ratio5.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.47% |
Yearly Dividend0.42
Dividend Growth(5Y)33.35%
DP1313.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)6.94%
EPS NQ rev (1m)-20.93%
EPS NQ rev (3m)-7.06%
EPS NY rev (1m)-65.69%
EPS NY rev (3m)-56.52%
Revenue NQ rev (1m)-6.55%
Revenue NQ rev (3m)-1.41%
Revenue NY rev (1m)-5.19%
Revenue NY rev (3m)-5.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.3 | ||
| P/S | 2.81 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.8 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 16.21 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.24
Fwd EY6.13%
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
WACC9.06%
ROIC/WACC0.18
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-83.93%
EPS Next 2Y4.42%
EPS Next 3Y-16.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
Revenue Next Year-16.59%
Revenue Next 2Y2.45%
Revenue Next 3Y-2.93%
Revenue Next 5YN/A
EBIT growth 1Y-81.34%
EBIT growth 3YN/A
EBIT growth 5Y19.29%
EBIT Next Year15.08%
EBIT Next 3Y11.2%
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.
What is the valuation status of NORDIC AMERICAN TANKERS LTD (NAT) stock?
ChartMill assigns a valuation rating of 1 / 10 to NORDIC AMERICAN TANKERS LTD (NAT). This can be considered as Overvalued.
What is the profitability of NAT stock?
NORDIC AMERICAN TANKERS LTD (NAT) has a profitability rating of 3 / 10.
What is the financial health of NORDIC AMERICAN TANKERS LTD (NAT) stock?
The financial health rating of NORDIC AMERICAN TANKERS LTD (NAT) is 3 / 10.