EURONAV NV (EURN.BR) Stock Fundamental Analysis
EBR:EURN - BE0003816338 - Common Stock
14.89 EUR
0 (0%)
Taking everything into account, EURN scores 6 out of 10 in our fundamental rating. EURN was compared to 63 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make EURN suitable 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.
Of the past 5 years EURN 4 years were profitable.
Of the past 5 years EURN 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of EURN (39.20%) is better than 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.
With an excellent Return On Invested Capital value of 19.79%, EURN belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
| 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
EURN has a better Profit Margin (83.69%) than 98.33% of its industry peers.
In the last couple of years the Profit Margin of EURN has grown nicely.
EURN has a Operating Margin of 46.80%. This is amongst the best in the industry. EURN outperforms 88.33% of its industry peers.
EURN's Operating Margin has improved in the last couple of years.
EURN has a better Gross Margin (68.73%) than 73.33% of its industry peers.
In the last couple of years the Gross Margin of EURN has grown nicely.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EURN is creating value.
Compared to 1 year ago, EURN has more shares outstanding
EURN has less shares outstanding than it did 5 years ago.
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.
The Altman-Z score of EURN (2.64) is better than 66.67% of its industry peers.
EURN has a debt to FCF ratio of 3.08. This is a good value and a sign of high solvency as EURN would need 3.08 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.08, EURN is doing good in the industry, outperforming 61.67% of the companies in the same industry.
A Debt/Equity ratio of 0.60 indicates that EURN is somewhat dependend on debt financing.
EURN's Debt to Equity ratio of 0.60 is on the low side compared to the rest of the industry. EURN is outperformed by 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
EURN has a Current Ratio of 1.33. This is a normal value and indicates that EURN is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.33, EURN is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Quick Ratio of 1.28 indicates that EURN should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.28, EURN perfoms like the industry average, outperforming 51.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
EURN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 180.38%, which is quite impressive.
EURN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.93% yearly.
Looking at the last year, EURN shows a very strong growth in Revenue. The Revenue has grown by 23.67%.
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
Based on estimates for the next years, EURN will show a small growth in Revenue. The Revenue will grow by 0.43% on average per year.
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
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 2.77, the valuation of EURN can be described as very cheap.
Based on the Price/Earnings ratio, EURN is valued cheaper than 91.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.90, EURN is valued rather cheaply.
A Price/Forward Earnings ratio of 6.82 indicates a rather cheap valuation of EURN.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.52, 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 is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, EURN is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
| 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
No dividends for EURN!.
| 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)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.28B
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
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
ROICexcg growth 3Y14.99%
ROICexcg 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%