NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - NYSE:NVGS - MHY621321089 - Common Stock
14.91 USD
-0.07 (-0.47%)
14.91 USD
0 (0%)
Taking everything into account, NVGS scores 4 out of 10 in our fundamental rating. NVGS was compared to 211 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
NVGS had positive earnings in the past year.
In the past year NVGS had a positive cash flow from operations.
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
NVGS's Return On Assets of 3.71% is in line compared to the rest of the industry. NVGS outperforms 53.55% of its industry peers.
With a Return On Equity value of 7.27%, NVGS perfoms like the industry average, outperforming 50.71% of the companies in the same industry.
The Return On Invested Capital of NVGS (4.68%) 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 21.53%.
The last Return On Invested Capital (4.68%) for NVGS is above the 3 year average (4.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 7.27% | ||
| ROIC | 4.68% |
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
NVGS has a better Profit Margin (15.57%) than 65.88% of its industry peers.
With a Operating Margin value of 22.45%, NVGS perfoms like the industry average, outperforming 59.72% of the companies in the same industry.
In the last couple of years the Operating Margin of NVGS has grown nicely.
Looking at the Gross Margin, with a value of 52.81%, NVGS is in the better half of the industry, outperforming 60.66% of the companies in the same industry.
NVGS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.45% | ||
| PM (TTM) | 15.57% | ||
| GM | 52.81% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NVGS is destroying value.
Compared to 1 year ago, NVGS has less shares outstanding
The number of shares outstanding for NVGS has been increased compared to 5 years ago.
Compared to 1 year ago, NVGS has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that NVGS is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.24, NVGS is in line with its industry, outperforming 48.34% of the companies in the same industry.
The Debt to FCF ratio of NVGS is 19.73, which is on the high side as it means it would take NVGS, 19.73 years of fcf income to pay off all of its debts.
NVGS's Debt to FCF ratio of 19.73 is in line compared to the rest of the industry. NVGS outperforms 44.55% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that NVGS is somewhat dependend on debt financing.
NVGS's Debt to Equity ratio of 0.72 is on the low side compared to the rest of the industry. NVGS is outperformed by 61.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 19.73 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.57
WACC8.23%
2.3 Liquidity
NVGS has a Current Ratio of 1.59. This is a normal value and indicates that NVGS is financially healthy and should not expect problems in meeting its short term obligations.
NVGS's Current ratio of 1.59 is fine compared to the rest of the industry. NVGS outperforms 70.14% of its industry peers.
A Quick Ratio of 1.53 indicates that NVGS should not have too much problems paying its short term obligations.
The Quick ratio of NVGS (1.53) is better than 71.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.04% 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 1.19% in the past year.
NVGS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.46% yearly.
EPS 1Y (TTM)15.04%
EPS 3Y50.06%
EPS 5YN/A
EPS Q2Q%-3.13%
Revenue 1Y (TTM)1.19%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%-11.62%
3.2 Future
The Earnings Per Share is expected to grow by 6.73% on average over the next years.
Based on estimates for the next years, NVGS will show a decrease in Revenue. The Revenue will decrease by -1.07% on average per year.
EPS Next Y13.4%
EPS Next 2Y16.86%
EPS Next 3Y10.76%
EPS Next 5Y6.73%
Revenue Next Year6.92%
Revenue Next 2Y3.23%
Revenue Next 3Y1.35%
Revenue Next 5Y-1.07%
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
NVGS is valuated reasonably with a Price/Earnings ratio of 11.47.
Based on the Price/Earnings ratio, NVGS is valued a bit cheaper than 65.40% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.40, NVGS is valued rather cheaply.
A Price/Forward Earnings ratio of 8.88 indicates a reasonable valuation of NVGS.
75.36% of the companies in the same industry are more expensive than NVGS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NVGS to the average of the S&P500 Index (22.94), we can say NVGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 8.88 |
4.2 Price Multiples
62.09% of the companies in the same industry are more expensive than NVGS, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as NVGS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.2 | ||
| EV/EBITDA | 6.83 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y16.86%
EPS Next 3Y10.76%
5. Dividend
5.1 Amount
NVGS has a Yearly Dividend Yield of 1.36%. Purely for dividend investing, there may be better candidates out there.
NVGS's Dividend Yield is comparable with the industry average which is at 6.15.
With a Dividend Yield of 1.36, NVGS pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
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
NVGS pays out 15.71% of its income as dividend. This is a sustainable payout ratio.
DP15.71%
EPS Next 2Y16.86%
EPS Next 3Y10.76%
14.91
-0.07 (-0.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.72%
Inst Owner Change0%
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap999.27M
Analysts87.14
Price Target21.49 (44.13%)
Short Float %5.07%
Short Ratio4.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP15.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.21%
Min EPS beat(2)21.86%
Max EPS beat(2)22.55%
EPS beat(4)3
Avg EPS beat(4)6.73%
Min EPS beat(4)-21.65%
Max EPS beat(4)22.55%
EPS beat(8)3
Avg EPS beat(8)-1.17%
EPS beat(12)4
Avg EPS beat(12)-7.14%
EPS beat(16)7
Avg EPS beat(16)-2.57%
Revenue beat(2)1
Avg Revenue beat(2)-0.73%
Min Revenue beat(2)-2.91%
Max Revenue beat(2)1.46%
Revenue beat(4)3
Avg Revenue beat(4)0.71%
Min Revenue beat(4)-2.91%
Max Revenue beat(4)4.15%
Revenue beat(8)6
Avg Revenue beat(8)2.21%
Revenue beat(12)9
Avg Revenue beat(12)2.87%
Revenue beat(16)13
Avg Revenue beat(16)7.22%
PT rev (1m)2.37%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.78%
EPS NY rev (1m)-2.23%
EPS NY rev (3m)-12.78%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)6.24%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 8.88 | ||
| P/S | 1.76 | ||
| P/FCF | 19.2 | ||
| P/OCF | 5.05 | ||
| P/B | 0.82 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 6.83 |
EPS(TTM)1.3
EY8.72%
EPS(NY)1.68
Fwd EY11.27%
FCF(TTM)0.78
FCFY5.21%
OCF(TTM)2.95
OCFY19.79%
SpS8.46
BVpS18.11
TBVpS18.1
PEG (NY)0.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 7.27% | ||
| ROCE | 5.93% | ||
| ROIC | 4.68% | ||
| ROICexc | 5.27% | ||
| ROICexgc | 5.27% | ||
| OM | 22.45% | ||
| PM (TTM) | 15.57% | ||
| GM | 52.81% | ||
| FCFM | 9.18% |
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%
ROICexcg growth 3Y34.7%
ROICexcg 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-Score5
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 19.73 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 107.99% | ||
| Cap/Sales | 25.71% | ||
| Interest Coverage | 2.48 | ||
| Cash Conversion | 75.41% | ||
| Profit Quality | 58.96% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 1.24 |
F-Score5
WACC8.23%
ROIC/WACC0.57
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)15.04%
EPS 3Y50.06%
EPS 5YN/A
EPS Q2Q%-3.13%
EPS Next Y13.4%
EPS Next 2Y16.86%
EPS Next 3Y10.76%
EPS Next 5Y6.73%
Revenue 1Y (TTM)1.19%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%-11.62%
Revenue Next Year6.92%
Revenue Next 2Y3.23%
Revenue Next 3Y1.35%
Revenue Next 5Y-1.07%
EBIT growth 1Y-12.4%
EBIT growth 3Y32.25%
EBIT growth 5Y34.44%
EBIT Next Year100.61%
EBIT Next 3Y28.33%
EBIT Next 5Y16.47%
FCF growth 1Y154.77%
FCF growth 3Y21.45%
FCF growth 5Y29.52%
OCF growth 1Y39.66%
OCF growth 3Y29.07%
OCF growth 5Y33.47%