NAVIGATOR HOLDINGS LTD (NVGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NVGS - MHY621321089 - Common Stock
17.95 USD
-0.03 (-0.17%)
17.52 USD
-0.43 (-2.4%)
NVGS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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
In the past year NVGS was profitable.
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 61.54% of its industry peers.
NVGS has a Return On Equity (8.45%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.05%, NVGS is in line with its industry, 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 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's Operating Margin of 22.58% is in line compared 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.
NVGS has a Gross Margin of 52.98%. This is in the better half of the industry: NVGS outperforms 62.02% of its industry peers.
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
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.
NVGS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NVGS is higher compared to a year ago.
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's Altman-Z score of 1.37 is in line compared to the rest of the industry. NVGS outperforms 54.33% of 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.
NVGS has a Debt to FCF ratio (26.63) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.62 indicates that NVGS is somewhat dependend on debt financing.
NVGS has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 26.63 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.62
WACC8.18%
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 has a Current ratio (1.18) which is comparable to the rest of the industry.
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.
Looking at the Quick ratio, with a value of 1.14, NVGS is in line with its industry, outperforming 58.65% of the companies in the same 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%.
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.
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.
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
The Price/Earnings ratio is 11.66, which indicates a very decent valuation of NVGS.
NVGS's Price/Earnings ratio is a bit cheaper when compared to the industry. NVGS is cheaper than 72.60% of the companies in the same industry.
When comparing the Price/Earnings ratio of NVGS to the average of the S&P500 Index (27.19), we can say NVGS is valued rather cheaply.
The Price/Forward Earnings ratio is 9.81, which indicates a very decent valuation of NVGS.
Based on the Price/Forward Earnings ratio, NVGS is valued a bit cheaper than 76.44% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.92. NVGS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.66 | ||
| Fwd PE | 9.81 |
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 | 33.58 | ||
| EV/EBITDA | 7.33 |
4.3 Compensation for Growth
NVGS's 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)0.41
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.
NVGS's Dividend Yield is comparable with the industry average which is at 3.91.
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
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%
17.95
-0.03 (-0.17%)
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 Cap1.18B
Revenue(TTM)578.16M
Net Income(TTM)103.23M
Analysts85.71
Price Target21.49 (19.72%)
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 | 11.66 | ||
| Fwd PE | 9.81 | ||
| P/S | 2.03 | ||
| P/FCF | 33.58 | ||
| P/OCF | 5.92 | ||
| P/B | 0.96 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 7.33 |
EPS(TTM)1.54
EY8.58%
EPS(NY)1.83
Fwd EY10.19%
FCF(TTM)0.53
FCFY2.98%
OCF(TTM)3.03
OCFY16.89%
SpS8.82
BVpS18.63
TBVpS18.62
PEG (NY)0.41
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
WACC8.18%
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 11.66 and the Price/Book (PB) ratio is 0.96.
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.