NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - NYSE:NVGS - MHY621321089 - Common Stock
17.99 USD
+0.25 (+1.41%)
17.99 USD
0 (0%)
Taking everything into account, NVGS scores 5 out of 10 in our fundamental rating. NVGS was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While NVGS is still in line with the averages on profitability rating, there are concerns on its financial health. NVGS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NVGS was profitable.
In the past year NVGS had a positive cash flow from operations.
In multiple years NVGS reported negative net income over the last 5 years.
Each year in the past 5 years NVGS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NVGS (4.49%) is better than 61.43% of its industry peers.
NVGS has a Return On Equity (8.45%) which is comparable to the rest of the industry.
The Return On Invested Capital of NVGS (5.24%) is comparable to the rest of the industry.
NVGS had an Average Return On Invested Capital over the past 3 years of 4.52%. This is significantly below the industry average of 21.71%.
The 3 year average ROIC (4.52%) for NVGS is below the current ROIC(5.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.49% | ||
| ROE | 8.45% | ||
| ROIC | 5.24% |
ROA(3y)3.4%
ROA(5y)1.75%
ROE(3y)6.2%
ROE(5y)3.16%
ROIC(3y)4.52%
ROIC(5y)3.59%
1.3 Margins
With a decent Profit Margin value of 17.85%, NVGS is doing good in the industry, outperforming 70.48% of the companies in the same industry.
NVGS has a better Operating Margin (23.41%) than 61.43% of its industry peers.
NVGS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 52.98%, NVGS is in the better half of the industry, outperforming 61.43% of the companies in the same industry.
NVGS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.41% | ||
| PM (TTM) | 17.85% | ||
| GM | 52.98% |
OM growth 3Y18.39%
OM growth 5Y18.49%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.07%
GM growth 5Y5.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NVGS is destroying value.
NVGS has less shares outstanding than it did 1 year ago.
NVGS has more shares outstanding than it did 5 years ago.
NVGS has a worse debt/assets ratio than last year.
2.2 Solvency
NVGS has an Altman-Z score of 1.39. This is a bad value and indicates that NVGS is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NVGS (1.39) is comparable to the rest of the industry.
The Debt to FCF ratio of NVGS is 26.63, which is on the high side as it means it would take NVGS, 26.63 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NVGS (26.63) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.62 indicates that NVGS is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.62, NVGS is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.63
WACC8.29%
2.3 Liquidity
NVGS has a Current Ratio of 1.18. This is a normal value and indicates that NVGS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of NVGS (1.18) is comparable to the rest of the industry.
A Quick Ratio of 1.14 indicates that NVGS should not have too much problems paying its short term obligations.
NVGS's Quick ratio of 1.14 is in line compared to the rest of the industry. NVGS outperforms 58.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.28% over the past year.
The Earnings Per Share has been growing by 50.06% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.46% in the past year.
The Revenue has been growing by 13.46% on average over the past years. This is quite good.
EPS 1Y (TTM)36.28%
EPS 3Y50.06%
EPS 5YN/A
EPS Q2Q%92.31%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%7.95%
3.2 Future
The Earnings Per Share is expected to grow by 1.04% on average over the next years.
NVGS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.40% yearly.
EPS Next Y14.23%
EPS Next 2Y18.38%
EPS Next 3Y12.79%
EPS Next 5Y1.04%
Revenue Next Year4.4%
Revenue Next 2Y3.71%
Revenue Next 3Y2.31%
Revenue Next 5Y-1.4%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 11.68, the valuation of NVGS can be described as reasonable.
NVGS's Price/Earnings ratio is a bit cheaper when compared to the industry. NVGS is cheaper than 69.52% of the companies in the same industry.
NVGS is valuated cheaply when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
NVGS is valuated reasonably with a Price/Forward Earnings ratio of 10.44.
74.76% of the companies in the same industry are more expensive than NVGS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, NVGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
63.33% of the companies in the same industry are more expensive than NVGS, based on the Enterprise Value to EBITDA ratio.
NVGS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.41 | ||
| EV/EBITDA | 7.31 |
4.3 Compensation for Growth
NVGS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NVGS has a very decent profitability rating, which may justify a higher PE ratio.
NVGS's earnings are expected to grow with 12.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y18.38%
EPS Next 3Y12.79%
5. Dividend
5.1 Amount
NVGS has a Yearly Dividend Yield of 1.60%.
Compared to an average industry Dividend Yield of 5.89, NVGS has a dividend in line with its industry peers.
NVGS's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
5.2 History
NVGS has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
13.24% of the earnings are spent on dividend by NVGS. This is a low number and sustainable payout ratio.
DP13.24%
EPS Next 2Y18.38%
EPS Next 3Y12.79%
17.99
+0.25 (+1.41%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.72%
Inst Owner Change0.32%
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap1.21B
Revenue(TTM)578.16M
Net Income(TTM)103.23M
Analysts87.14
Price Target21.49 (19.46%)
Short Float %4.31%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP13.24%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.55%
Min EPS beat(2)21.86%
Max EPS beat(2)25.23%
EPS beat(4)4
Avg EPS beat(4)18.45%
Min EPS beat(4)4.17%
Max EPS beat(4)25.23%
EPS beat(8)4
Avg EPS beat(8)2.75%
EPS beat(12)5
Avg EPS beat(12)1.96%
EPS beat(16)7
Avg EPS beat(16)-4.17%
Revenue beat(2)1
Avg Revenue beat(2)0.46%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)3.84%
Revenue beat(4)3
Avg Revenue beat(4)1.63%
Min Revenue beat(4)-2.91%
Max Revenue beat(4)4.15%
Revenue beat(8)6
Avg Revenue beat(8)1.24%
Revenue beat(12)9
Avg Revenue beat(12)3.14%
Revenue beat(16)13
Avg Revenue beat(16)6.11%
PT rev (1m)0%
PT rev (3m)6.24%
EPS NQ rev (1m)4.81%
EPS NQ rev (3m)2.08%
EPS NY rev (1m)0.73%
EPS NY rev (3m)-12.14%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)6.7%
Revenue NY rev (1m)-2.36%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.44 | ||
| P/S | 2.09 | ||
| P/FCF | 34.41 | ||
| P/OCF | 6.07 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 7.31 |
EPS(TTM)1.54
EY8.56%
EPS(NY)1.72
Fwd EY9.58%
FCF(TTM)0.52
FCFY2.91%
OCF(TTM)2.97
OCFY16.48%
SpS8.63
BVpS18.22
TBVpS18.21
PEG (NY)0.82
PEG (5Y)N/A
Graham Number25.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.49% | ||
| ROE | 8.45% | ||
| ROCE | 6.63% | ||
| ROIC | 5.24% | ||
| ROICexc | 5.7% | ||
| ROICexgc | 5.7% | ||
| OM | 23.41% | ||
| PM (TTM) | 17.85% | ||
| GM | 52.98% | ||
| FCFM | 6.06% |
ROA(3y)3.4%
ROA(5y)1.75%
ROE(3y)6.2%
ROE(5y)3.16%
ROIC(3y)4.52%
ROIC(5y)3.59%
ROICexc(3y)4.88%
ROICexc(5y)3.86%
ROICexgc(3y)4.88%
ROICexgc(5y)3.86%
ROCE(3y)5.72%
ROCE(5y)4.55%
ROICexgc growth 3Y34.7%
ROICexgc growth 5Y33.94%
ROICexc growth 3Y34.7%
ROICexc growth 5Y33.94%
OM growth 3Y18.39%
OM growth 5Y18.49%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.07%
GM growth 5Y5.08%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 121.62% | ||
| Cap/Sales | 28.31% | ||
| Interest Coverage | 2.64 | ||
| Cash Conversion | 73.62% | ||
| Profit Quality | 33.94% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.39 |
F-Score6
WACC8.29%
ROIC/WACC0.63
Cap/Depr(3y)72.02%
Cap/Depr(5y)44.6%
Cap/Sales(3y)17.28%
Cap/Sales(5y)10.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.28%
EPS 3Y50.06%
EPS 5YN/A
EPS Q2Q%92.31%
EPS Next Y14.23%
EPS Next 2Y18.38%
EPS Next 3Y12.79%
EPS Next 5Y1.04%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%7.95%
Revenue Next Year4.4%
Revenue Next 2Y3.71%
Revenue Next 3Y2.31%
Revenue Next 5Y-1.4%
EBIT growth 1Y-4.25%
EBIT growth 3Y32.25%
EBIT growth 5Y34.44%
EBIT Next Year100.61%
EBIT Next 3Y28.33%
EBIT Next 5Y14.78%
FCF growth 1Y142.43%
FCF growth 3Y21.45%
FCF growth 5Y29.52%
OCF growth 1Y30.46%
OCF growth 3Y29.07%
OCF growth 5Y33.47%
NAVIGATOR HOLDINGS LTD / NVGS FAQ
Can you provide the ChartMill fundamental rating for NAVIGATOR HOLDINGS LTD?
ChartMill assigns a fundamental rating of 5 / 10 to NVGS.
Can you provide the valuation status for NAVIGATOR HOLDINGS LTD?
ChartMill assigns a valuation rating of 6 / 10 to NAVIGATOR HOLDINGS LTD (NVGS). This can be considered as Fairly Valued.
How profitable is NAVIGATOR HOLDINGS LTD (NVGS) stock?
NAVIGATOR HOLDINGS LTD (NVGS) has a profitability rating of 6 / 10.
What is the expected EPS growth for NAVIGATOR HOLDINGS LTD (NVGS) stock?
The Earnings per Share (EPS) of NAVIGATOR HOLDINGS LTD (NVGS) is expected to grow by 14.23% in the next year.
Can you provide the dividend sustainability for NVGS stock?
The dividend rating of NAVIGATOR HOLDINGS LTD (NVGS) is 3 / 10 and the dividend payout ratio is 13.24%.