NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVGS - MHY621321089 - Common Stock
17.99 USD
+0.46 (+2.62%)
17.99 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to NVGS. 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 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.
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 (4.49%) is better than 61.43% of its industry peers.
NVGS has a Return On Equity (8.45%) which is in line with its industry peers.
NVGS has a Return On Invested Capital (5.24%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for NVGS is significantly below the industry average of 21.66%.
The last Return On Invested Capital (5.24%) 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 | 5.24% |
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 70.48% of the companies in the same industry.
With a decent Operating Margin value of 23.41%, NVGS is doing good in the industry, outperforming 61.43% of the companies in the same industry.
NVGS's Operating Margin has improved in the last couple of years.
NVGS's Gross Margin of 52.98% is fine compared to the rest of the industry. NVGS outperforms 61.43% of its industry peers.
In the last couple of years the Gross Margin of NVGS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.41% | ||
| 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
Based on the Altman-Z score of 1.38, we must say that NVGS is in the distress zone and has some risk of bankruptcy.
NVGS has a Altman-Z score (1.38) 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.
NVGS has a Debt to FCF ratio (26.63) which is in line with its industry peers.
A Debt/Equity ratio of 0.62 indicates that NVGS is somewhat dependend on debt financing.
NVGS has a Debt to Equity ratio of 0.62. This is in the lower half of the industry: NVGS underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.63
WACC8.27%
2.3 Liquidity
NVGS has a Current Ratio of 1.18. 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 1.18 is in line compared to the rest of the industry. NVGS outperforms 51.43% of its industry peers.
NVGS has a Quick Ratio of 1.14. This is a normal value and indicates that NVGS is financially healthy and should not expect problems in meeting 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.
The Earnings Per Share has been growing by 50.06% on average over the past years. This is a very strong growth
NVGS shows a small growth in Revenue. In the last year, the Revenue has grown by 2.46%.
Measured over the past years, NVGS shows a quite strong growth in Revenue. The Revenue has been growing by 13.46% on average per year.
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
NVGS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.04% yearly.
The Revenue is expected to decrease by -1.40% on average over the next years.
EPS Next Y14.23%
EPS Next 2Y18.38%
EPS Next 3Y12.79%
EPS Next 5Y1.04%
Revenue Next Year4.4%
Revenue Next 2Y3.71%
Revenue Next 3Y2.31%
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
The Price/Earnings ratio is 11.68, which indicates a very decent valuation of NVGS.
Based on the Price/Earnings ratio, NVGS is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
NVGS is valuated cheaply when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.44, which indicates a very decent valuation of NVGS.
Based on the Price/Forward Earnings ratio, NVGS is valued a bit cheaper than 73.81% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, NVGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NVGS is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
NVGS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.41 | ||
| EV/EBITDA | 7.2 |
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.
The decent profitability rating of NVGS may justify a higher PE ratio.
A more expensive valuation may be justified as NVGS's earnings are expected to grow with 12.79% in the coming years.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y18.38%
EPS Next 3Y12.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.60%, NVGS has a reasonable but not impressive dividend return.
NVGS's Dividend Yield is comparable with the industry average which is at 5.90.
Compared to the average S&P500 Dividend Yield of 2.45, NVGS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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 2Y18.38%
EPS Next 3Y12.79%
17.99
+0.46 (+2.62%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.72%
Inst Owner Change0.32%
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap1.21B
Revenue(TTM)578.16M
Net Income(TTM)103.23M
Analysts87.14
Price Target21.49 (19.46%)
Short Float %4.31%
Short Ratio4.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP13.24%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)6.24%
EPS NQ rev (1m)4.81%
EPS NQ rev (3m)2.08%
EPS NY rev (1m)0.73%
EPS NY rev (3m)-12.14%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)6.7%
Revenue NY rev (1m)-2.36%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.44 | ||
| P/S | 2.09 | ||
| P/FCF | 34.41 | ||
| P/OCF | 6.07 | ||
| P/B | 0.99 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 7.2 |
EPS(TTM)1.54
EY8.56%
EPS(NY)1.72
Fwd EY9.58%
FCF(TTM)0.52
FCFY2.91%
OCF(TTM)2.97
OCFY16.48%
SpS8.63
BVpS18.22
TBVpS18.21
PEG (NY)0.82
PEG (5Y)N/A
Graham Number25.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.49% | ||
| ROE | 8.45% | ||
| ROCE | 6.63% | ||
| ROIC | 5.24% | ||
| ROICexc | 5.7% | ||
| ROICexgc | 5.7% | ||
| OM | 23.41% | ||
| 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 | 2.82 | ||
| Cap/Depr | 121.62% | ||
| Cap/Sales | 28.31% | ||
| Interest Coverage | 2.64 | ||
| Cash Conversion | 73.62% | ||
| Profit Quality | 33.94% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.38 |
F-Score6
WACC8.27%
ROIC/WACC0.63
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 Y14.23%
EPS Next 2Y18.38%
EPS Next 3Y12.79%
EPS Next 5Y1.04%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y11.71%
Revenue growth 5Y13.46%
Sales Q2Q%7.95%
Revenue Next Year4.4%
Revenue Next 2Y3.71%
Revenue Next 3Y2.31%
Revenue Next 5Y-1.4%
EBIT growth 1Y-4.25%
EBIT growth 3Y32.25%
EBIT growth 5Y34.44%
EBIT Next Year100.61%
EBIT Next 3Y28.33%
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.
Can you provide the valuation status for NAVIGATOR HOLDINGS LTD?
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 is the expected EPS growth for NAVIGATOR HOLDINGS LTD (NVGS) stock?
The Earnings per Share (EPS) of NAVIGATOR HOLDINGS LTD (NVGS) is expected to grow by 14.23% in the next year.
Can you provide the dividend sustainability for NVGS stock?
The dividend rating of NAVIGATOR HOLDINGS LTD (NVGS) is 3 / 10 and the dividend payout ratio is 13.24%.