NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:NAT • BMG657731060

4.26 USD
+0.09 (+2.16%)
At close: Feb 6, 2026
4.25 USD
-0.01 (-0.23%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

NAT gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. NAT has a bad profitability rating. Also its financial health evaluation is rather negative. NAT has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

3

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.
  • Of the past 5 years NAT 4 years had a positive operating cash flow.
NAT Yearly Net Income VS EBIT VS OCF VS FCFNAT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M

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 67.63% of its industry peers.
  • NAT has a worse Return On Equity (0.41%) than 66.67% of its industry peers.
  • With a Return On Invested Capital value of 1.59%, NAT is not doing good in the industry: 71.01% of the companies in the same industry are doing better.
  • Measured over the past 3 years, the Average Return On Invested Capital for NAT is significantly below the industry average of 21.94%.
  • 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 RankSector 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
NAT Yearly ROA, ROE, ROICNAT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

  • The Profit Margin of NAT (0.65%) is worse than 65.70% of its industry peers.
  • NAT has a Operating Margin of 5.87%. This is in the lower half of the industry: NAT underperforms 62.80% of its industry peers.
  • NAT's Operating Margin has improved in the last couple of years.
  • 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 RankSector 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%
NAT Yearly Profit, Operating, Gross MarginsNAT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • NAT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, NAT has more shares outstanding
  • NAT has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NAT has been reduced compared to a year ago.
NAT Yearly Shares OutstandingNAT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
NAT Yearly Total Debt VS Total AssetsNAT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • NAT has a Debt/Equity ratio of 0.86. This is a neutral value indicating 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 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC0.18
WACC9.06%
NAT Yearly LT Debt VS Equity VS FCFNAT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

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 75.85% 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 74.88% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.95
Quick Ratio 1.64
NAT Yearly Current Assets VS Current LiabilitesNAT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

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%.
  • Looking at the last year, NAT shows a very negative growth in Revenue. The Revenue has decreased by -19.77% in the last year.
  • 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

  • Based on estimates for the next years, NAT will show a very negative growth in Earnings Per Share. The EPS will decrease by -30.64% on average per year.
  • NAT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -9.22% yearly.
EPS Next Y-84.7%
EPS Next 2Y2.01%
EPS Next 3Y-30.64%
EPS Next 5YN/A
Revenue Next Year-16.74%
Revenue Next 2Y2.01%
Revenue Next 3Y-9.22%
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.
NAT Yearly Revenue VS EstimatesNAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
NAT Yearly EPS VS EstimatesNAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 1 1.5

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NAT. In the last year negative earnings were reported.
  • A Price/Forward Earnings ratio of 18.61 indicates a rather expensive valuation of NAT.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NAT is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, NAT is valued a bit cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 18.61
NAT Price Earnings VS Forward Price EarningsNAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40 -60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NAT indicates a slightly more expensive valuation: NAT is more expensive than 67.15% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.99
NAT Per share dataNAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5 2

4.3 Compensation for Growth

  • A cheap valuation may be justified as NAT's earnings are expected to decrease with -30.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.01%
EPS Next 3Y-30.64%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 8.63%, NAT is a good candidate for dividend investing.
  • NAT's Dividend Yield is rather good when compared to the industry average which is at 3.64. NAT pays more dividend than 87.92% of the companies in the same industry.
  • NAT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 8.63%

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
NAT Yearly Dividends per shareNAT Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • NAT pays out 1313.26% of its income as dividend. 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 2Y2.01%
EPS Next 3Y-30.64%
NAT Yearly Income VS Free CF VS DividendNAT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M
NAT Dividend Payout.NAT Dividend Payout, showing the Payout Ratio.NAT Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NORDIC AMERICAN TANKERS LTD

NYSE:NAT (2/6/2026, 8:04:00 PM)

After market: 4.25 -0.01 (-0.23%)

4.26

+0.09 (+2.16%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-28
Earnings (Next)02-20
Inst Owners43.91%
Inst Owner Change-1.15%
Ins Owners4.34%
Ins Owner ChangeN/A
Market Cap902.05M
Revenue(TTM)294.82M
Net Income(TTM)1.91M
Analysts77.5
Price Target4.18 (-1.88%)
Short Float %6.78%
Short Ratio4.68
Dividend
Industry RankSector Rank
Dividend Yield 8.63%
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)6.49%
PT rev (3m)13.89%
EPS NQ rev (1m)-1.96%
EPS NQ rev (3m)-16.32%
EPS NY rev (1m)-4.77%
EPS NY rev (3m)-59.84%
Revenue NQ rev (1m)0.42%
Revenue NQ rev (3m)-0.99%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-5.18%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 18.61
P/S 3.06
P/FCF N/A
P/OCF N/A
P/B 1.96
P/tB 1.96
EV/EBITDA 16.99
EPS(TTM)-0.06
EYN/A
EPS(NY)0.23
Fwd EY5.37%
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 RankSector 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 RankSector 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-84.7%
EPS Next 2Y2.01%
EPS Next 3Y-30.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.77%
Revenue growth 3Y22.32%
Revenue growth 5Y1.97%
Sales Q2Q%-12.2%
Revenue Next Year-16.74%
Revenue Next 2Y2.01%
Revenue Next 3Y-9.22%
Revenue Next 5YN/A
EBIT growth 1Y-81.34%
EBIT growth 3YN/A
EBIT growth 5Y19.29%
EBIT Next Year14.32%
EBIT Next 3Y-2.9%
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.