NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - NYSE:NVGS - MHY621321089 - Common Stock
17.05 USD
-0.4 (-2.29%)
17.05 USD
0 (0%)
We assign a fundamental rating of 4 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
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 3.71%. This is comparable to the rest of the industry: NVGS outperforms 52.86% of its industry peers.
NVGS has a Return On Equity (7.27%) which is in line with its industry peers.
NVGS's Return On Invested Capital of 4.68% is in line compared to the rest of the industry. NVGS outperforms 40.48% of its industry peers.
NVGS had an Average Return On Invested Capital over the past 3 years of 4.52%. This is significantly below the industry average of 21.78%.
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's Profit Margin of 15.57% is fine compared to the rest of the industry. NVGS outperforms 65.71% of its industry peers.
NVGS has a Operating Margin (22.45%) which is comparable to the rest of the industry.
NVGS's Operating Margin has improved in the last couple of years.
The Gross Margin of NVGS (52.81%) is better than 60.48% of its industry peers.
In the last couple of years the Gross Margin of NVGS has grown nicely.
| 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.
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 1.31, we must say that NVGS is in the distress zone and has some risk of bankruptcy.
NVGS has a Altman-Z score of 1.31. This is comparable to the rest of the industry: NVGS outperforms 51.90% of its industry peers.
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 45.24% of its industry peers.
NVGS has a Debt/Equity ratio of 0.72. This is a neutral value indicating 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 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 19.73 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.57
WACC8.19%
2.3 Liquidity
A Current Ratio of 1.59 indicates that NVGS should not have too much problems paying its short term obligations.
NVGS has a Current ratio of 1.59. This is in the better half of the industry: NVGS outperforms 70.48% of its industry peers.
NVGS has a Quick Ratio of 1.53. This is a normal value and indicates that NVGS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.53, NVGS is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.53 |
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 2.89% in the last year.
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)2.89%
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.
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 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
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
Based on the Price/Earnings ratio of 11.07, the valuation of NVGS can be described as reasonable.
72.38% of the companies in the same industry are more expensive than NVGS, based on the Price/Earnings ratio.
NVGS is valuated cheaply when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
NVGS is valuated reasonably with a Price/Forward Earnings ratio of 9.89.
NVGS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NVGS is cheaper than 76.19% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, NVGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 9.89 |
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 62.38% of the companies listed 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 | 21.96 | ||
| EV/EBITDA | 7.36 |
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's earnings are expected to grow with 12.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y18.38%
EPS Next 3Y12.79%
5. Dividend
5.1 Amount
NVGS has a Yearly Dividend Yield of 1.60%. Purely for dividend investing, there may be better candidates out there.
NVGS's Dividend Yield is comparable with the industry average which is at 6.14.
NVGS's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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 2Y18.38%
EPS Next 3Y12.79%
17.05
-0.4 (-2.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.72%
Inst Owner Change-0.87%
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap1.14B
Revenue(TTM)566.68M
Net Income(TTM)88.25M
Analysts87.14
Price Target21.49 (26.04%)
Short Float %3.95%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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)0%
PT rev (3m)6.24%
EPS NQ rev (1m)-1.82%
EPS NQ rev (3m)0.06%
EPS NY rev (1m)0.73%
EPS NY rev (3m)-12.14%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)6.37%
Revenue NY rev (1m)-2.36%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.07 | ||
| Fwd PE | 9.89 | ||
| P/S | 2.02 | ||
| P/FCF | 21.96 | ||
| P/OCF | 5.78 | ||
| P/B | 0.94 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 7.36 |
EPS(TTM)1.54
EY9.03%
EPS(NY)1.72
Fwd EY10.11%
FCF(TTM)0.78
FCFY4.55%
OCF(TTM)2.95
OCFY17.31%
SpS8.46
BVpS18.11
TBVpS18.1
PEG (NY)0.78
PEG (5Y)N/A
Graham Number25.05
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%
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-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 | 1.31 |
F-Score5
WACC8.19%
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)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)2.89%
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-12.4%
EBIT growth 3Y32.25%
EBIT growth 5Y34.44%
EBIT Next Year100.61%
EBIT Next 3Y28.33%
EBIT Next 5Y14.78%
FCF growth 1Y154.77%
FCF growth 3Y21.45%
FCF growth 5Y29.52%
OCF growth 1Y39.66%
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 4 / 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 5 / 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 15.71%.