NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVGS - MHY621321089 - Common Stock
18.16 USD
+0.21 (+1.17%)
18.16 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to NVGS. 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 correct valuation and a medium growth rate.
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.
In the past 5 years NVGS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.49%, NVGS is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.45%, NVGS is in line with its industry, outperforming 55.29% of the companies in the same industry.
With a Return On Invested Capital value of 5.05%, NVGS perfoms like the industry average, outperforming 44.23% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NVGS is significantly below the industry average of 21.83%.
The last Return On Invested Capital (5.05%) for NVGS is above the 3 year average (4.52%), which is a sign of increasing profitability.
| 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 71.63% of its industry peers.
NVGS has a Operating Margin of 22.58%. This is comparable to the rest of the industry: NVGS outperforms 59.62% 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 62.02% of the companies in the same industry.
NVGS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.58% | ||
| 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.
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 1.37. 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 of 1.37. This is comparable to the rest of the industry: NVGS outperforms 54.33% of its industry peers.
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.
The Debt to Equity ratio of NVGS (0.62) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.62
WACC8.2%
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
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.
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.
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
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 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
Based on the Price/Earnings ratio of 11.79, the valuation of NVGS can be described as reasonable.
Based on the Price/Earnings ratio, NVGS is valued a bit cheaper than the industry average as 72.60% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.25. NVGS is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.93 indicates a reasonable valuation of NVGS.
76.44% 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 23.98, NVGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.79 | ||
| Fwd PE | 9.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NVGS indicates a somewhat cheap valuation: NVGS is cheaper than 60.10% of the companies listed in the same industry.
NVGS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.97 | ||
| EV/EBITDA | 7.33 |
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
With a Yearly Dividend Yield of 1.56%, NVGS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.91, NVGS has a dividend in line with its industry peers.
NVGS's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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
13.24% of the earnings are spent on dividend by NVGS. This is a low number and sustainable payout ratio.
DP13.24%
EPS Next 2Y21.94%
EPS Next 3Y11.69%
18.16
+0.21 (+1.17%)
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 Cap1.19B
Revenue(TTM)578.16M
Net Income(TTM)103.23M
Analysts85.71
Price Target21.49 (18.34%)
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 | 11.79 | ||
| Fwd PE | 9.93 | ||
| P/S | 2.06 | ||
| P/FCF | 33.97 | ||
| P/OCF | 5.99 | ||
| P/B | 0.97 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 7.33 |
EPS(TTM)1.54
EY8.48%
EPS(NY)1.83
Fwd EY10.07%
FCF(TTM)0.53
FCFY2.94%
OCF(TTM)3.03
OCFY16.7%
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 | 1.37 |
F-Score6
WACC8.2%
ROIC/WACC0.62
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 11.79 and the Price/Book (PB) ratio is 0.97.
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.