NORDIC AMERICAN TANKERS LTD (NAT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NAT - BMG657731060 - Common Stock
3.39 USD
+0.01 (+0.3%)
3.4197 USD
+0.03 (+0.88%)
We assign a fundamental rating of 3 out of 10 to NAT. NAT was compared to 210 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.
1. Profitability
1.1 Basic Checks
NAT had negative earnings in the past year.
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 has a worse Return On Assets (0.21%) than 67.14% of its industry peers.
NAT's Return On Equity of 0.41% is on the low side compared to the rest of the industry. NAT is outperformed by 66.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.59%, NAT is doing worse than 71.43% 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 21.09%.
The 3 year average ROIC (8.03%) for NAT is well above the current ROIC(1.59%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 0.65%, NAT is doing worse than 65.24% of the companies in the same industry.
NAT has a Operating Margin of 5.87%. This is in the lower half of the industry: NAT underperforms 63.33% 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 35.29%, NAT is in line with its industry, outperforming 45.24% of the companies in the same 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.
The number of shares outstanding for NAT has been increased compared to 1 year ago.
The number of shares outstanding for NAT has been increased compared to 5 years ago.
The debt/assets ratio for NAT has been reduced compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.86 indicates that NAT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.86, NAT is not doing good in the industry: 67.14% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.17
WACC9.34%
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 Current ratio of 1.95. This is in the better half of the industry: NAT outperforms 77.14% of its industry peers.
A Quick Ratio of 1.64 indicates that NAT should not have too much problems paying its short term obligations.
NAT has a Quick ratio of 1.64. This is in the better half of the industry: NAT outperforms 76.19% of its industry peers.
| 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%.
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 small growth in Earnings Per Share. The EPS will grow by 6.53% on average per year.
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 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
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
NAT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 12.34, which indicates a correct valuation of NAT.
Based on the Price/Forward Earnings ratio, NAT is valued a bit cheaper than 60.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, NAT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.34 |
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 66.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.74 |
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 10.65%, which is a nice return.
Compared to an average industry Dividend Yield of 3.95, NAT pays a better dividend. On top of this NAT pays more dividend than 92.86% of the companies listed in the same industry.
NAT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.65% |
5.2 History
The dividend of NAT is nicely growing with an annual growth rate of 33.35%!
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 1313.26% 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.
DP1313.26%
EPS Next 2Y11.75%
EPS Next 3Y6.53%
3.39
+0.01 (+0.3%)
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 Cap717.83M
Revenue(TTM)294.82M
Net Income(TTM)1.91M
Analysts76
Price TargetN/A
Short Float %6.81%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.65% |
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)-14.64%
EPS NQ rev (3m)-7.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-63.08%
Revenue NQ rev (1m)-1.41%
Revenue NQ rev (3m)-1.41%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.34 | ||
| P/S | 2.43 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.56 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 14.74 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.27
Fwd EY8.1%
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
WACC9.34%
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.