NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
NYSE:NVGS - New York Stock Exchange, Inc. - MHY621321089 - Common Stock - Currency: USD
Taking everything into account, NVGS scores 4 out of 10 in our fundamental rating. NVGS was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of NVGS while its profitability can be described as average. NVGS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NVGS was profitable.
NVGS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NVGS reported negative net income in multiple years.
Each year in the past 5 years NVGS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NVGS (3.85%) is comparable to the rest of the industry.
NVGS's Return On Equity of 6.88% is on the low side compared to the rest of the industry. NVGS is outperformed by 60.59% of its industry peers.
NVGS has a Return On Invested Capital (6.08%) which is comparable to the rest of the industry.
NVGS had an Average Return On Invested Capital over the past 3 years of 3.32%. This is significantly below the industry average of 28.61%.
The 3 year average ROIC (3.32%) for NVGS is below the current ROIC(6.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.88% | ||
| ROIC | 6.08% |
ROA(3y)1.62%
ROA(5y)0.79%
ROE(3y)2.91%
ROE(5y)1.38%
ROIC(3y)3.32%
ROIC(5y)2.67%
1.3 Margins
Looking at the Profit Margin, with a value of 14.48%, NVGS is in line with its industry, outperforming 54.68% of the companies in the same industry.
NVGS has a Operating Margin (25.05%) which is comparable to the rest of the industry.
NVGS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 55.00%, NVGS is in the better half of the industry, outperforming 60.59% of the companies in the same industry.
In the last couple of years the Gross Margin of NVGS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.05% | ||
| PM (TTM) | 14.48% | ||
| GM | 55% |
OM growth 3Y24.13%
OM growth 5Y12.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.55%
GM growth 5Y3.83%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NVGS is destroying value.
NVGS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NVGS has been increased compared to 5 years ago.
NVGS has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that NVGS is in the distress zone and 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 3.76, which is a good value as it means it would take NVGS, 3.76 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.76, NVGS is in the better half of the industry, outperforming 67.00% of the companies in the same industry.
A Debt/Equity ratio of 0.46 indicates that NVGS is not too dependend on debt financing.
NVGS has a Debt to Equity ratio (0.46) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.73
WACC8.31%
2.3 Liquidity
NVGS has a Current Ratio of 0.75. This is a bad value and indicates that NVGS is not financially healthy enough and could expect problems in meeting its short term obligations.
NVGS's Current ratio of 0.75 is on the low side compared to the rest of the industry. NVGS is outperformed by 73.89% of its industry peers.
NVGS has a Quick Ratio of 0.75. This is a bad value and indicates that NVGS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NVGS (0.71) is worse than 69.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
NVGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.88%, which is quite good.
NVGS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.99%.
The Revenue has been growing by 12.18% on average over the past years. This is quite good.
EPS 1Y (TTM)11.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)5.99%
Revenue growth 3Y18.32%
Revenue growth 5Y12.18%
Sales Q2Q%2.94%
3.2 Future
Based on estimates for the next years, NVGS will show a very strong growth in Earnings Per Share. The EPS will grow by 21.30% on average per year.
The Revenue is expected to grow by 4.03% on average over the next years.
EPS Next Y12.72%
EPS Next 2Y26.16%
EPS Next 3Y21.3%
EPS Next 5YN/A
Revenue Next Year4.32%
Revenue Next 2Y5.51%
Revenue Next 3Y4.03%
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
NVGS is valuated correctly with a Price/Earnings ratio of 13.42.
NVGS's Price/Earnings ratio is in line with the industry average.
NVGS is valuated cheaply when we compare the Price/Earnings ratio to 29.36, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.59 indicates a reasonable valuation of NVGS.
69.46% of the companies in the same industry are more expensive than NVGS, based on the Price/Forward Earnings ratio.
NVGS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 8.59 |
4.2 Price Multiples
NVGS's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, NVGS is valued cheaper than 83.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.18 | ||
| EV/EBITDA | 6.25 |
4.3 Compensation for Growth
NVGS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NVGS's earnings are expected to grow with 21.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y26.16%
EPS Next 3Y21.3%
5. Dividend
5.1 Amount
NVGS has a Yearly Dividend Yield of 1.25%. Purely for dividend investing, there may be better candidates out there.
NVGS's Dividend Yield is slightly below the industry average, which is at 6.69.
With a Dividend Yield of 1.25, NVGS pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
5.2 History
NVGS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
NVGS pays out 17.68% of its income as dividend. This is a sustainable payout ratio.
DP17.68%
EPS Next 2Y26.16%
EPS Next 3Y21.3%
NYSE:NVGS (2/27/2025, 3:16:12 PM)
15.17
-0.35 (-2.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners29.38%
Inst Owner Change4.34%
Ins Owners1.49%
Ins Owner ChangeN/A
Market Cap1.05B
Analysts88.57
Price Target22.44 (47.92%)
Short Float %0.47%
Short Ratio0.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP17.68%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.78%
Min EPS beat(2)-21.65%
Max EPS beat(2)-3.91%
EPS beat(4)0
Avg EPS beat(4)-12.95%
Min EPS beat(4)-22.54%
Max EPS beat(4)-3.72%
EPS beat(8)1
Avg EPS beat(8)-6.29%
EPS beat(12)3
Avg EPS beat(12)-11.71%
EPS beat(16)4
Avg EPS beat(16)-17.96%
Revenue beat(2)2
Avg Revenue beat(2)3.7%
Min Revenue beat(2)0.13%
Max Revenue beat(2)7.26%
Revenue beat(4)3
Avg Revenue beat(4)0.84%
Min Revenue beat(4)-10.23%
Max Revenue beat(4)7.26%
Revenue beat(8)6
Avg Revenue beat(8)3.9%
Revenue beat(12)10
Avg Revenue beat(12)7.6%
Revenue beat(16)14
Avg Revenue beat(16)10.66%
PT rev (1m)1.32%
PT rev (3m)1.32%
EPS NQ rev (1m)-16.45%
EPS NQ rev (3m)-15.79%
EPS NY rev (1m)-4.17%
EPS NY rev (3m)-8.27%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 8.59 | ||
| P/S | 1.87 | ||
| P/FCF | 5.18 | ||
| P/OCF | 4.7 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)1.13
EY7.45%
EPS(NY)1.77
Fwd EY11.65%
FCF(TTM)2.93
FCFY19.32%
OCF(TTM)3.23
OCFY21.28%
SpS8.12
BVpS17.1
TBVpS17.1
PEG (NY)1.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 6.88% | ||
| ROCE | 7.69% | ||
| ROIC | 6.08% | ||
| ROICexc | 6.53% | ||
| ROICexgc | 6.53% | ||
| OM | 25.05% | ||
| PM (TTM) | 14.48% | ||
| GM | 55% | ||
| FCFM | 36.07% |
ROA(3y)1.62%
ROA(5y)0.79%
ROE(3y)2.91%
ROE(5y)1.38%
ROIC(3y)3.32%
ROIC(5y)2.67%
ROICexc(3y)3.59%
ROICexc(5y)2.85%
ROICexgc(3y)3.59%
ROICexgc(5y)2.85%
ROCE(3y)4.21%
ROCE(5y)3.38%
ROICexcg growth 3Y41.8%
ROICexcg growth 5Y23.24%
ROICexc growth 3Y41.8%
ROICexc growth 5Y23.24%
OM growth 3Y24.13%
OM growth 5Y12.43%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.55%
GM growth 5Y3.83%
F-Score8
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 3.76 | ||
| Debt/EBITDA | 2.01 | ||
| Cap/Depr | 15.52% | ||
| Cap/Sales | 3.66% | ||
| Interest Coverage | 2.23 | ||
| Cash Conversion | 81.74% | ||
| Profit Quality | 249.05% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 1.39 |
F-Score8
WACC8.31%
ROIC/WACC0.73
Cap/Depr(3y)62.94%
Cap/Depr(5y)39.23%
Cap/Sales(3y)15.13%
Cap/Sales(5y)9.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y12.72%
EPS Next 2Y26.16%
EPS Next 3Y21.3%
EPS Next 5YN/A
Revenue 1Y (TTM)5.99%
Revenue growth 3Y18.32%
Revenue growth 5Y12.18%
Sales Q2Q%2.94%
Revenue Next Year4.32%
Revenue Next 2Y5.51%
Revenue Next 3Y4.03%
Revenue Next 5YN/A
EBIT growth 1Y22.16%
EBIT growth 3Y46.87%
EBIT growth 5Y26.12%
EBIT Next Year110.54%
EBIT Next 3Y32.16%
EBIT Next 5YN/A
FCF growth 1Y66.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y77.37%
OCF growth 3Y57.28%
OCF growth 5Y17.65%