NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVGS - MHY621321089 - Common Stock
18.52 USD
+0.36 (+1.98%)
18.52 USD
0 (0%)
Taking everything into account, NVGS scores 5 out of 10 in our fundamental rating. NVGS was compared to 208 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
NVGS had positive earnings in the past year.
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
NVGS's Return On Assets of 4.49% is fine compared to the rest of the industry. NVGS outperforms 61.54% of its industry peers.
The Return On Equity of NVGS (8.45%) is comparable to the rest of the industry.
NVGS's Return On Invested Capital of 5.05% is in line compared to the rest of the industry. NVGS outperforms 44.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NVGS is significantly below the industry average of 21.83%.
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
Looking at the Profit Margin, with a value of 17.85%, NVGS is in the better half of the industry, outperforming 71.63% of the companies in the same industry.
NVGS has a Operating Margin (22.58%) which is comparable to the rest of the industry.
NVGS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 52.98%, NVGS is doing good in the industry, outperforming 62.02% 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 | 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
NVGS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
NVGS has a worse debt/assets ratio than last year.
2.2 Solvency
NVGS has an Altman-Z score of 1.38. This is a bad value and indicates that NVGS is not financially healthy and even has some risk of bankruptcy.
NVGS has a Altman-Z score (1.38) which is in line with its industry peers.
NVGS has a debt to FCF ratio of 26.63. This is a negative value and a sign of low solvency as NVGS would need 26.63 years to pay back of all of its debts.
With a Debt to FCF ratio value of 26.63, NVGS perfoms like the industry average, outperforming 43.75% of the companies in the same 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 perfoms like the industry average, outperforming 41.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.61
WACC8.22%
2.3 Liquidity
A Current Ratio of 1.18 indicates that NVGS should not have too much problems paying its short term obligations.
NVGS's Current ratio of 1.18 is in line compared to the rest of the industry. NVGS outperforms 52.40% of its industry peers.
A Quick Ratio of 1.14 indicates that NVGS should not have too much problems paying its short term obligations.
NVGS has a Quick ratio (1.14) which is comparable to the rest of the industry.
| 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.
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.
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)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.
Based on estimates for the next years, NVGS will show a decrease in Revenue. The Revenue will decrease by -1.40% on average per year.
EPS Next Y28.4%
EPS Next 2Y21.94%
EPS Next 3Y11.69%
EPS Next 5Y1.04%
Revenue Next Year5.98%
Revenue Next 2Y2.12%
Revenue Next 3Y0.41%
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
With a Price/Earnings ratio of 12.03, NVGS is valued correctly.
NVGS's Price/Earnings ratio is a bit cheaper when compared to the industry. NVGS is cheaper than 72.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of NVGS to the average of the S&P500 Index (27.30), we can say NVGS is valued rather cheaply.
NVGS is valuated reasonably with a Price/Forward Earnings ratio of 10.13.
76.44% of the companies in the same industry are more expensive than NVGS, based on the Price/Forward Earnings ratio.
NVGS is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 10.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NVGS is valued a bit cheaper than 60.10% 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 | 34.64 | ||
| EV/EBITDA | 7.39 |
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)0.42
PEG (5Y)N/A
EPS Next 2Y21.94%
EPS Next 3Y11.69%
5. Dividend
5.1 Amount
NVGS has a Yearly Dividend Yield of 1.56%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.91, NVGS has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, NVGS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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 13.24% of its income as dividend. This is a sustainable payout ratio.
DP13.24%
EPS Next 2Y21.94%
EPS Next 3Y11.69%
18.52
+0.36 (+1.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.97%
Inst Owner Change0.05%
Ins Owners1.56%
Ins Owner ChangeN/A
Market Cap1.21B
Revenue(TTM)578.16M
Net Income(TTM)103.23M
Analysts85.71
Price Target21.49 (16.04%)
Short Float %3.84%
Short Ratio3.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP13.24%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0%
EPS NQ rev (1m)-1.11%
EPS NQ rev (3m)5.2%
EPS NY rev (1m)0.7%
EPS NY rev (3m)13.22%
Revenue NQ rev (1m)-1.4%
Revenue NQ rev (3m)-2.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.03 | ||
| Fwd PE | 10.13 | ||
| P/S | 2.1 | ||
| P/FCF | 34.64 | ||
| P/OCF | 6.11 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 7.39 |
EPS(TTM)1.54
EY8.32%
EPS(NY)1.83
Fwd EY9.88%
FCF(TTM)0.53
FCFY2.89%
OCF(TTM)3.03
OCFY16.37%
SpS8.82
BVpS18.63
TBVpS18.62
PEG (NY)0.42
PEG (5Y)N/A
Graham Number25.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.49% | ||
| ROE | 8.45% | ||
| ROCE | 6.39% | ||
| ROIC | 5.05% | ||
| ROICexc | 5.49% | ||
| ROICexgc | 5.49% | ||
| OM | 22.58% | ||
| 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 | 2.87 | ||
| Cap/Depr | 121.62% | ||
| Cap/Sales | 28.31% | ||
| Interest Coverage | 2.55 | ||
| Cash Conversion | 74.95% | ||
| Profit Quality | 33.94% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.38 |
F-Score6
WACC8.22%
ROIC/WACC0.61
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 Y28.4%
EPS Next 2Y21.94%
EPS Next 3Y11.69%
EPS Next 5Y1.04%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%7.95%
Revenue Next Year5.98%
Revenue Next 2Y2.12%
Revenue Next 3Y0.41%
Revenue Next 5Y-1.4%
EBIT growth 1Y-7.64%
EBIT growth 3Y32.25%
EBIT growth 5Y34.44%
EBIT Next Year96.92%
EBIT Next 3Y27.15%
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.
What is the valuation status of NAVIGATOR HOLDINGS LTD (NVGS) stock?
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 are the PE and PB ratios of NAVIGATOR HOLDINGS LTD (NVGS) stock?
The Price/Earnings (PE) ratio for NAVIGATOR HOLDINGS LTD (NVGS) is 12.03 and the Price/Book (PB) ratio is 0.99.
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 28.4% in the next year.