NAVIGATOR CO SA/THE (NVG.LS) Stock Fundamental Analysis
Europe - Euronext Lisbon - ELI:NVG - PTPTI0AM0006 - Common Stock
3.223 EUR
-0.03 (-0.77%)
NVG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 12 industry peers in the Paper & Forest Products industry. NVG scores excellent on profitability, but there are concerns on its financial health. NVG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year NVG was profitable.
- NVG had a positive operating cash flow in the past year.
- Each year in the past 5 years NVG has been profitable.
- NVG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NVG has a better Return On Assets (5.20%) than 100.00% of its industry peers.
- NVG has a better Return On Equity (11.84%) than 100.00% of its industry peers.
- NVG has a Return On Invested Capital of 7.57%. This is in the better half of the industry: NVG outperforms 75.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for NVG is significantly above the industry average of 5.34%.
- The last Return On Invested Capital (7.57%) for NVG is well below the 3 year average (16.51%), which needs to be investigated, but indicates that NVG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 11.84% | ||
| ROIC | 7.57% |
ROA(3y)10.61%
ROA(5y)8.58%
ROE(3y)24.41%
ROE(5y)20.06%
ROIC(3y)16.51%
ROIC(5y)12.83%
1.3 Margins
- With an excellent Profit Margin value of 8.18%, NVG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of NVG has grown nicely.
- With an excellent Operating Margin value of 11.61%, NVG belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- NVG's Operating Margin has improved in the last couple of years.
- The Gross Margin of NVG (55.49%) is better than 91.67% of its industry peers.
- In the last couple of years the Gross Margin of NVG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.61% | ||
| PM (TTM) | 8.18% | ||
| GM | 55.49% |
OM growth 3Y8.54%
OM growth 5Y6.43%
PM growth 3Y8.56%
PM growth 5Y6.62%
GM growth 3Y-1.66%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NVG is creating value.
- The number of shares outstanding for NVG remains at a similar level compared to 1 year ago.
- NVG has about the same amout of shares outstanding than it did 5 years ago.
- NVG has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.13 indicates that NVG is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.13, NVG is in line with its industry, outperforming 50.00% of the companies in the same industry.
- The Debt to FCF ratio of NVG is 18.88, which is on the high side as it means it would take NVG, 18.88 years of fcf income to pay off all of its debts.
- NVG has a Debt to FCF ratio of 18.88. This is comparable to the rest of the industry: NVG outperforms 50.00% of its industry peers.
- NVG has a Debt/Equity ratio of 0.59. This is a neutral value indicating NVG is somewhat dependend on debt financing.
- NVG has a Debt to Equity ratio (0.59) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 18.88 | ||
| Altman-Z | 2.13 |
ROIC/WACC1.12
WACC6.74%
2.3 Liquidity
- A Current Ratio of 1.32 indicates that NVG should not have too much problems paying its short term obligations.
- NVG has a Current ratio of 1.32. This is in the lower half of the industry: NVG underperforms 66.67% of its industry peers.
- NVG has a Quick Ratio of 1.32. This is a bad value and indicates that NVG is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.86, NVG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- NVG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -49.43%.
- NVG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.32% yearly.
- NVG shows a decrease in Revenue. In the last year, the revenue decreased by -2.53%.
- Measured over the past years, NVG shows a small growth in Revenue. The Revenue has been growing by 4.35% on average per year.
EPS 1Y (TTM)-49.43%
EPS 3Y18.74%
EPS 5Y11.32%
EPS Q2Q%-61.17%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y9.38%
Revenue growth 5Y4.35%
Sales Q2Q%-6.51%
3.2 Future
- NVG is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -7.55% yearly.
- Based on estimates for the next years, NVG will show a small growth in Revenue. The Revenue will grow by 0.02% on average per year.
EPS Next Y-33.56%
EPS Next 2Y-15.48%
EPS Next 3Y-4.84%
EPS Next 5Y-7.55%
Revenue Next Year-3.45%
Revenue Next 2Y-0.05%
Revenue Next 3Y0.96%
Revenue Next 5Y0.02%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- With a Price/Earnings ratio of 14.01, NVG is valued correctly.
- Based on the Price/Earnings ratio, NVG is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- NVG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.32.
- With a Price/Forward Earnings ratio of 10.29, the valuation of NVG can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, NVG is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, NVG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.01 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
- NVG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The excellent profitability rating of NVG may justify a higher PE ratio.
- A cheap valuation may be justified as NVG's earnings are expected to decrease with -4.84% in the coming years.
PEG (NY)N/A
PEG (5Y)1.24
EPS Next 2Y-15.48%
EPS Next 3Y-4.84%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.48%, NVG is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.06, NVG pays a better dividend. On top of this NVG pays more dividend than 100.00% of the companies listed in the same industry.
- NVG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.48% |
5.2 History
- The dividend of NVG decreases each year by -5.52%.
Dividend Growth(5Y)-5.52%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- NVG pays out 106.49% of its income as dividend. This is not a sustainable payout ratio.
- NVG's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP106.49%
EPS Next 2Y-15.48%
EPS Next 3Y-4.84%
NAVIGATOR CO SA/THE / NVG.LS FAQ
Can you provide the ChartMill fundamental rating for NAVIGATOR CO SA/THE?
ChartMill assigns a fundamental rating of 5 / 10 to NVG.LS.
Can you provide the valuation status for NAVIGATOR CO SA/THE?
ChartMill assigns a valuation rating of 5 / 10 to NAVIGATOR CO SA/THE (NVG.LS). This can be considered as Fairly Valued.
Can you provide the profitability details for NAVIGATOR CO SA/THE?
NAVIGATOR CO SA/THE (NVG.LS) has a profitability rating of 9 / 10.
What are the PE and PB ratios of NAVIGATOR CO SA/THE (NVG.LS) stock?
The Price/Earnings (PE) ratio for NAVIGATOR CO SA/THE (NVG.LS) is 14.01 and the Price/Book (PB) ratio is 1.65.
Can you provide the expected EPS growth for NVG stock?
The Earnings per Share (EPS) of NAVIGATOR CO SA/THE (NVG.LS) is expected to decline by -33.56% in the next year.