Navios Maritime Holdings Inc (NM) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:NM • MHY621971198

2.27 USD
-0.02 (-0.87%)
Last: Dec 13, 2023, 08:04 PM
Fundamental Rating

2

Taking everything into account, NM scores 2 out of 10 in our fundamental rating. NM was compared to 35 industry peers in the Marine Transportation industry. Both the profitability and financial health of NM have multiple concerns. NM is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year NM was profitable.
  • In the past year NM had a positive cash flow from operations.
NM Yearly Net Income VS EBIT VS OCF VS FCFNM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 100M -100M -200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.18%, NM is doing worse than 60.00% of the companies in the same industry.
  • NM's Return On Equity of 33.31% is amongst the best of the industry. NM outperforms 90.00% of its industry peers.
  • NM has a Return On Invested Capital (5.23%) which is comparable to the rest of the industry.
  • NM had an Average Return On Invested Capital over the past 3 years of 3.58%. This is below the industry average of 7.59%.
  • The 3 year average ROIC (3.58%) for NM is below the current ROIC(5.23%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.18%
ROE 33.31%
ROIC 5.23%
ROA(3y)0.77%
ROA(5y)-3.05%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)3.58%
ROIC(5y)3.59%
NM Yearly ROA, ROE, ROICNM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 200 -200 400 600 800

1.3 Margins

  • NM has a Profit Margin of 14.44%. This is in the lower half of the industry: NM underperforms 60.00% of its industry peers.
  • The Operating Margin of NM (20.38%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of NM has remained more or less at the same level.
  • With a Gross Margin value of 43.13%, NM perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NM has grown nicely.
Industry RankSector Rank
OM 20.38%
PM (TTM) 14.44%
GM 43.13%
OM growth 3Y-1.45%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y6.13%
NM Yearly Profit, Operating, Gross MarginsNM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 -50

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2

2. Health

2.1 Basic Checks

  • NM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • NM has less shares outstanding than it did 1 year ago.
  • NM has a worse debt/assets ratio than last year.
NM Yearly Shares OutstandingNM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 5M 10M 15M 20M 25M
NM Yearly Total Debt VS Total AssetsNM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • Based on the Altman-Z score of -0.26, we must say that NM is in the distress zone and has some risk of bankruptcy.
  • NM's Altman-Z score of -0.26 is on the low side compared to the rest of the industry. NM is outperformed by 73.33% of its industry peers.
  • The Debt to FCF ratio of NM is 19.68, which is on the high side as it means it would take NM, 19.68 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of NM (19.68) is comparable to the rest of the industry.
  • NM has a Debt/Equity ratio of 5.33. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of NM (5.33) is worse than 93.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 5.33
Debt/FCF 19.68
Altman-Z -0.26
ROIC/WACC0.48
WACC10.8%
NM Yearly LT Debt VS Equity VS FCFNM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.20 indicates that NM should not have too much problems paying its short term obligations.
  • NM has a worse Current ratio (1.20) than 63.33% of its industry peers.
  • A Quick Ratio of 1.11 indicates that NM should not have too much problems paying its short term obligations.
  • The Quick ratio of NM (1.11) is worse than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.2
Quick Ratio 1.11
NM Yearly Current Assets VS Current LiabilitesNM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M 500M

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1

3. Growth

3.1 Past

  • The earnings per share for NM have decreased strongly by -72.19% in the last year.
  • Looking at the last year, NM shows a quite strong growth in Revenue. The Revenue has grown by 13.77% in the last year.
  • NM shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -12.10% yearly.
EPS 1Y (TTM)-72.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75.91%
Revenue 1Y (TTM)13.77%
Revenue growth 3Y-20.03%
Revenue growth 5Y-12.1%
Sales Q2Q%18.35%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NM Yearly Revenue VS EstimatesNM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M
NM Yearly EPS VS EstimatesNM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2020 2021 0 5 -5 10 -10

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4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 1.31, the valuation of NM can be described as very cheap.
  • NM's Price/Earnings ratio is rather cheap when compared to the industry. NM is cheaper than 83.33% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of NM to the average of the S&P500 Index (28.32), we can say NM is valued rather cheaply.
Industry RankSector Rank
PE 1.31
Fwd PE N/A
NM Price Earnings VS Forward Price EarningsNM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as NM.
  • Based on the Price/Free Cash Flow ratio, NM is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 1.53
EV/EBITDA 5.75
NM Per share dataNM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

  • No dividends for NM!.
Industry RankSector Rank
Dividend Yield N/A

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Navios Maritime Holdings Inc / NM FAQ

What is the ChartMill fundamental rating of Navios Maritime Holdings Inc (NM) stock?

ChartMill assigns a fundamental rating of 3 / 10 to NM.


What is the valuation status for NM stock?

ChartMill assigns a valuation rating of 4 / 10 to Navios Maritime Holdings Inc (NM). This can be considered as Fairly Valued.


Can you provide the profitability details for Navios Maritime Holdings Inc?

Navios Maritime Holdings Inc (NM) has a profitability rating of 4 / 10.


Can you provide the financial health for NM stock?

The financial health rating of Navios Maritime Holdings Inc (NM) is 2 / 10.


How sustainable is the dividend of Navios Maritime Holdings Inc (NM) stock?

The dividend rating of Navios Maritime Holdings Inc (NM) is 0 / 10 and the dividend payout ratio is 0%.