EURONAV NV (EURN.BR) Stock Fundamental Analysis
Europe • Euronext Brussels • EBR:EURN • BE0003816338
14.89 EUR
0 (0%)
Last: Jul 12, 2024, 07:00 PM
Overall EURN gets a fundamental rating of 6 out of 10. We evaluated EURN against 73 industry peers in the Oil, Gas & Consumable Fuels industry. While EURN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. EURN may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make EURN a good candidate for value investing.
1. Profitability
1.1 Basic Checks
- EURN had positive earnings in the past year.
- In the past year EURN had a positive cash flow from operations.
- EURN had positive earnings in 4 of the past 5 years.
- EURN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- EURN has a Return On Assets of 39.20%. This is amongst the best in the industry. EURN outperforms 98.33% of its industry peers.
- With an excellent Return On Equity value of 75.63%, EURN belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
- EURN has a better Return On Invested Capital (19.79%) than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROIC | 19.79% |
ROA(3y)7.08%
ROA(5y)7.35%
ROE(3y)9.49%
ROE(5y)10.76%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 83.69%, EURN belongs to the top of the industry, outperforming 98.33% of the companies in the same industry.
- EURN's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 46.80%, EURN belongs to the top of the industry, outperforming 88.33% of the companies in the same industry.
- EURN's Operating Margin has improved in the last couple of years.
- The Gross Margin of EURN (68.73%) is better than 73.33% of its industry peers.
- EURN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.8% | ||
| PM (TTM) | 83.69% | ||
| GM | 68.73% |
OM growth 3Y4.59%
OM growth 5YN/A
PM growth 3Y21.12%
PM growth 5YN/A
GM growth 3Y-0.85%
GM growth 5Y8.95%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EURN is creating value.
- Compared to 1 year ago, EURN has more shares outstanding
- EURN has a better debt/assets ratio than last year.
2.2 Solvency
- EURN has an Altman-Z score of 2.64. This is not the best score and indicates that EURN is in the grey zone with still only limited risk for bankruptcy at the moment.
- EURN has a better Altman-Z score (2.64) than 66.67% of its industry peers.
- The Debt to FCF ratio of EURN is 3.08, which is a good value as it means it would take EURN, 3.08 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.08, EURN is in the better half of the industry, outperforming 61.67% of the companies in the same industry.
- EURN has a Debt/Equity ratio of 0.60. This is a neutral value indicating EURN is somewhat dependend on debt financing.
- The Debt to Equity ratio of EURN (0.60) is worse than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 2.64 |
ROIC/WACC2.59
WACC7.63%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that EURN should not have too much problems paying its short term obligations.
- EURN has a worse Current ratio (1.33) than 60.00% of its industry peers.
- EURN has a Quick Ratio of 1.28. This is a normal value and indicates that EURN is financially healthy and should not expect problems in meeting its short term obligations.
- EURN has a Quick ratio of 1.28. This is comparable to the rest of the industry: EURN outperforms 51.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 180.38% over the past year.
- Measured over the past years, EURN shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.93% on average per year.
- The Revenue has grown by 23.67% in the past year. This is a very strong growth!
- The Revenue has been growing by 15.53% on average over the past years. This is quite good.
EPS 1Y (TTM)180.38%
EPS 3Y24.93%
EPS 5YN/A
EPS Q2Q%182.76%
Revenue 1Y (TTM)23.67%
Revenue growth 3Y0.68%
Revenue growth 5Y15.53%
Sales Q2Q%-29.29%
3.2 Future
- The Earnings Per Share is expected to decrease by -23.36% on average over the next years. This is quite bad
- The Revenue is expected to grow by 0.43% on average over the next years.
EPS Next Y-42.87%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
EPS Next 5YN/A
Revenue Next Year-16.96%
Revenue Next 2Y-3.81%
Revenue Next 3Y0.43%
Revenue Next 5YN/A
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
- A Price/Earnings ratio of 2.77 indicates a rather cheap valuation of EURN.
- Compared to the rest of the industry, the Price/Earnings ratio of EURN indicates a rather cheap valuation: EURN is cheaper than 91.67% of the companies listed in the same industry.
- EURN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.18.
- EURN is valuated cheaply with a Price/Forward Earnings ratio of 6.82.
- EURN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EURN is cheaper than 66.67% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of EURN to the average of the S&P500 Index (25.51), we can say EURN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.77 | ||
| Fwd PE | 6.82 |
4.2 Price Multiples
- EURN's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, EURN is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.95 | ||
| EV/EBITDA | 4.53 |
4.3 Compensation for Growth
- The excellent profitability rating of EURN may justify a higher PE ratio.
- EURN's earnings are expected to decrease with -23.36% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
5. Dividend
5.1 Amount
- EURN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:EURN (7/12/2024, 7:00:00 PM)
14.89
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)05-08 2024-05-08/bmo
Earnings (Next)08-08 2024-08-08/bmo
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.28B
Revenue(TTM)1.75B
Net Income(TTM)1.47B
Analysts76.67
Price Target16.95 (13.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend3.12
Dividend Growth(5Y)91.85%
DP43.64%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)312.39%
Min EPS beat(2)294.49%
Max EPS beat(2)330.29%
EPS beat(4)4
Avg EPS beat(4)163.02%
Min EPS beat(4)2.43%
Max EPS beat(4)330.29%
EPS beat(8)7
Avg EPS beat(8)99.9%
EPS beat(12)9
Avg EPS beat(12)68.55%
EPS beat(16)10
Avg EPS beat(16)47.36%
Revenue beat(2)0
Avg Revenue beat(2)-3.71%
Min Revenue beat(2)-5.44%
Max Revenue beat(2)-1.97%
Revenue beat(4)2
Avg Revenue beat(4)0.52%
Min Revenue beat(4)-5.44%
Max Revenue beat(4)7.33%
Revenue beat(8)6
Avg Revenue beat(8)29.26%
Revenue beat(12)10
Avg Revenue beat(12)39.54%
Revenue beat(16)14
Avg Revenue beat(16)48.53%
PT rev (1m)0%
PT rev (3m)-8.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.61%
EPS NY rev (1m)0%
EPS NY rev (3m)5.6%
Revenue NQ rev (1m)2.6%
Revenue NQ rev (3m)-6.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.77 | ||
| Fwd PE | 6.82 | ||
| P/S | 2.03 | ||
| P/FCF | 6.95 | ||
| P/OCF | 4.15 | ||
| P/B | 1.84 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 4.53 |
EPS(TTM)5.38
EY36.13%
EPS(NY)2.18
Fwd EY14.67%
FCF(TTM)2.14
FCFY14.39%
OCF(TTM)3.59
OCFY24.12%
SpS7.32
BVpS8.1
TBVpS8.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROCE | 26.38% | ||
| ROIC | 19.79% | ||
| ROICexc | 23.66% | ||
| ROICexgc | 23.82% | ||
| OM | 46.8% | ||
| PM (TTM) | 83.69% | ||
| GM | 68.73% | ||
| FCFM | 29.27% |
ROA(3y)7.08%
ROA(5y)7.35%
ROE(3y)9.49%
ROE(5y)10.76%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y14.99%
ROICexgc growth 5YN/A
ROICexc growth 3Y14.77%
ROICexc growth 5YN/A
OM growth 3Y4.59%
OM growth 5YN/A
PM growth 3Y21.12%
PM growth 5YN/A
GM growth 3Y-0.85%
GM growth 5Y8.95%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 169.32% | ||
| Cap/Sales | 19.79% | ||
| Interest Coverage | 7.2 | ||
| Cash Conversion | 83.89% | ||
| Profit Quality | 34.97% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 2.64 |
F-Score6
WACC7.63%
ROIC/WACC2.59
Cap/Depr(3y)171.91%
Cap/Depr(5y)117.72%
Cap/Sales(3y)63.03%
Cap/Sales(5y)41.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)180.38%
EPS 3Y24.93%
EPS 5YN/A
EPS Q2Q%182.76%
EPS Next Y-42.87%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
EPS Next 5YN/A
Revenue 1Y (TTM)23.67%
Revenue growth 3Y0.68%
Revenue growth 5Y15.53%
Sales Q2Q%-29.29%
Revenue Next Year-16.96%
Revenue Next 2Y-3.81%
Revenue Next 3Y0.43%
Revenue Next 5YN/A
EBIT growth 1Y95.73%
EBIT growth 3Y5.3%
EBIT growth 5YN/A
EBIT Next Year0.76%
EBIT Next 3Y3.89%
EBIT Next 5YN/A
FCF growth 1Y239.23%
FCF growth 3Y-12.5%
FCF growth 5YN/A
OCF growth 1Y816.22%
OCF growth 3Y-4.78%
OCF growth 5Y297.76%
EURONAV NV / EURN.BR FAQ
Can you provide the ChartMill fundamental rating for EURONAV NV?
ChartMill assigns a fundamental rating of 6 / 10 to EURN.BR.
Can you provide the valuation status for EURONAV NV?
ChartMill assigns a valuation rating of 7 / 10 to EURONAV NV (EURN.BR). This can be considered as Undervalued.
Can you provide the profitability details for EURONAV NV?
EURONAV NV (EURN.BR) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for EURN stock?
The Price/Earnings (PE) ratio for EURONAV NV (EURN.BR) is 2.77 and the Price/Book (PB) ratio is 1.84.
Can you provide the expected EPS growth for EURN stock?
The Earnings per Share (EPS) of EURONAV NV (EURN.BR) is expected to decline by -42.87% in the next year.