NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVGS - MHY621321089 - Common Stock
18.64 USD
+0.29 (+1.58%)
18.64 USD
0 (0%)
NVGS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 207 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 correct valuation and a medium 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.
- In multiple years NVGS reported negative net income over the last 5 years.
- In the past 5 years NVGS always reported a positive cash flow from operatings.
1.2 Ratios
- NVGS has a Return On Assets of 4.49%. This is in the better half of the industry: NVGS outperforms 61.35% of its industry peers.
- The Return On Equity of NVGS (8.45%) is comparable to the rest of the industry.
- The Return On Invested Capital of NVGS (5.05%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for NVGS is significantly below the industry average of 21.94%.
- The 3 year average ROIC (4.52%) for NVGS is below the current ROIC(5.05%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.49% | ||
| ROE | 8.45% | ||
| ROIC | 5.05% |
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's Profit Margin of 17.85% is fine compared to the rest of the industry. NVGS outperforms 71.98% of its industry peers.
- NVGS has a Operating Margin of 22.58%. This is comparable to the rest of the industry: NVGS outperforms 59.90% of its industry peers.
- In the last couple of years the Operating Margin of NVGS has grown nicely.
- NVGS's Gross Margin of 52.98% is fine compared to the rest of the industry. NVGS outperforms 62.32% of its industry peers.
- In the last couple of years the Gross Margin of NVGS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.58% | ||
| 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.
- The number of shares outstanding for NVGS has been reduced compared to 1 year ago.
- The number of shares outstanding for NVGS has been increased compared to 5 years ago.
- The debt/assets ratio for NVGS is higher compared to a year ago.
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.
- NVGS has a Altman-Z score (1.39) which 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.
- Looking at the Debt to Equity ratio, with a value of 0.62, NVGS is in line with its industry, outperforming 41.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.62
WACC8.09%
2.3 Liquidity
- A Current Ratio of 1.18 indicates that NVGS should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.18, NVGS perfoms like the industry average, outperforming 51.69% of the companies in the same industry.
- A Quick Ratio of 1.14 indicates that NVGS should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.14, NVGS is in line with its industry, outperforming 57.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
- NVGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.28%, which is quite impressive.
- Measured over the past years, NVGS shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.06% on average per year.
- Looking at the last year, NVGS shows a small growth in Revenue. The Revenue has grown by 2.46% in the last 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
- Based on estimates for the next years, NVGS will show a small growth in Earnings Per Share. The EPS will grow by 1.04% on average per year.
- NVGS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.40% yearly.
EPS Next Y34.89%
EPS Next 2Y22.21%
EPS Next 3Y11.86%
EPS Next 5Y1.04%
Revenue Next Year6.37%
Revenue Next 2Y3.61%
Revenue Next 3Y1.65%
Revenue Next 5Y-1.4%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- A Price/Earnings ratio of 12.10 indicates a correct valuation of NVGS.
- Based on the Price/Earnings ratio, NVGS is valued a bit cheaper than the industry average as 75.36% of the companies are valued more expensively.
- NVGS is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 10.15, the valuation of NVGS can be described as reasonable.
- 81.16% 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 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 10.15 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NVGS is valued a bit cheaper than 62.32% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as NVGS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.87 | ||
| EV/EBITDA | 7.43 |
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.
- NVGS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y22.21%
EPS Next 3Y11.86%
5. Dividend
5.1 Amount
- NVGS has a Yearly Dividend Yield of 1.52%. Purely for dividend investing, there may be better candidates out there.
- NVGS's Dividend Yield is comparable with the industry average which is at 3.73.
- NVGS's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
5.2 History
- NVGS has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- NVGS pays out 13.24% of its income as dividend. This is a sustainable payout ratio.
DP13.24%
EPS Next 2Y22.21%
EPS Next 3Y11.86%
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.
What is the valuation status of NAVIGATOR HOLDINGS LTD (NVGS) stock?
ChartMill assigns a valuation rating of 7 / 10 to NAVIGATOR HOLDINGS LTD (NVGS). This can be considered as Undervalued.
How profitable is NAVIGATOR HOLDINGS LTD (NVGS) stock?
NAVIGATOR HOLDINGS LTD (NVGS) has a profitability rating of 6 / 10.
What are the PE and PB ratios of NAVIGATOR HOLDINGS LTD (NVGS) stock?
The Price/Earnings (PE) ratio for NAVIGATOR HOLDINGS LTD (NVGS) is 12.1 and the Price/Book (PB) ratio is 1.
What is the earnings growth outlook for NAVIGATOR HOLDINGS LTD?
The Earnings per Share (EPS) of NAVIGATOR HOLDINGS LTD (NVGS) is expected to grow by 34.89% in the next year.