NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - NYSE:NAT - BMG657731060 - Common Stock
3.72 USD
+0.02 (+0.54%)
3.7164 USD
0 (-0.1%)
Taking everything into account, NAT scores 4 out of 10 in our fundamental rating. NAT was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. NAT has only an average score on both its financial health and profitability. NAT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NAT had negative earnings in the past year.
In the past year NAT had a positive cash flow from operations.
NAT had positive earnings in 4 of the past 5 years.
Of the past 5 years NAT 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.18%, NAT is in line with its industry, outperforming 56.67% of the companies in the same industry.
The Return On Equity of NAT (7.24%) is comparable to the rest of the industry.
NAT has a Return On Invested Capital of 5.71%. This is comparable to the rest of the industry: NAT outperforms 52.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NAT is significantly below the industry average of 21.85%.
| 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
With a Profit Margin value of 11.07%, NAT perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
NAT has a Operating Margin of 16.91%. This is comparable to the rest of the industry: NAT outperforms 50.00% of its industry peers.
NAT's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.39%, NAT perfoms like the industry average, outperforming 52.38% 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.
NAT has more shares outstanding than it did 1 year ago.
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
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.
The Debt to FCF ratio of NAT (3.93) is better than 70.48% of its industry peers.
NAT has a Debt/Equity ratio of 0.53. This is a neutral value indicating NAT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.53, NAT perfoms like the industry average, outperforming 45.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.63
WACC9.02%
2.3 Liquidity
A Current Ratio of 1.54 indicates that NAT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.54, NAT is in the better half of the industry, outperforming 68.10% of the companies in the same industry.
A Quick Ratio of 1.34 indicates that NAT should not have too much problems paying its short term obligations.
NAT has a better Quick ratio (1.34) than 67.62% of its industry peers.
| 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%.
The Revenue has been growing slightly by 1.97% on average over the past years.
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
The Earnings Per Share is expected to grow by 6.98% on average over the next years.
NAT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.26% yearly.
EPS Next Y-53.17%
EPS Next 2Y10.67%
EPS Next 3Y6.98%
EPS Next 5YN/A
Revenue Next Year-12.29%
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.
NAT is valuated correctly with a Price/Forward Earnings ratio of 13.80.
The rest of the industry has a similar Price/Forward Earnings ratio as NAT.
NAT is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 |
4.2 Price Multiples
NAT's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NAT indicates a rather cheap valuation: NAT is cheaper than 80.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.1 | ||
| EV/EBITDA | 9.16 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.67%
EPS Next 3Y6.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.30%, NAT is a good candidate for dividend investing.
NAT's Dividend Yield is rather good when compared to the industry average which is at 5.89. NAT pays more dividend than 80.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, NAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.3% |
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
264.15% of the earnings are spent on dividend by NAT. 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 2Y10.67%
EPS Next 3Y6.98%
3.72
+0.02 (+0.54%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners40.24%
Inst Owner Change2.58%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap787.71M
Revenue(TTM)301.17M
Net Income(TTM)36.23M
Analysts76
Price Target3.67 (-1.34%)
Short Float %7.02%
Short Ratio5.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.3% |
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)0%
PT rev (3m)2.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)26.71%
EPS NY rev (3m)-63.47%
Revenue NQ rev (1m)9.52%
Revenue NQ rev (3m)-8.96%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 | ||
| P/S | 2.41 | ||
| P/FCF | 9.1 | ||
| P/OCF | 8.82 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 9.16 |
EPS(TTM)-0.01
EYN/A
EPS(NY)0.27
Fwd EY7.24%
FCF(TTM)0.41
FCFY10.99%
OCF(TTM)0.42
OCFY11.34%
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
WACC9.02%
ROIC/WACC0.63
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-53.17%
EPS Next 2Y10.67%
EPS Next 3Y6.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.14%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-39.25%
Revenue Next Year-12.29%
Revenue Next 2Y7.77%
Revenue Next 3Y1.26%
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 3 / 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 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 -53.17% in the next year.