EURONAV NV (EURN.BR)
BE0003816338 - Common Stock
EURN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Oil, Gas & Consumable Fuels industry. EURN scores excellent on profitability, but there are some minor concerns on its financial health. EURN is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make EURN suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year EURN was profitable.
EURN had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 39.20%, EURN belongs to the top of the industry, outperforming 98.33% of the companies in the same industry.
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
EURN has a Profit Margin of 83.69%. This is amongst the best in the industry. EURN outperforms 98.33% of its industry peers.
In the last couple of years the Profit Margin of EURN has grown nicely.
The Operating Margin of EURN (46.80%) is better than 88.33% of its industry peers.
EURN's Operating Margin has improved in the last couple of years.
EURN has a Gross Margin of 68.73%. This is in the better half of the industry: EURN outperforms 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
EURN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
EURN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for EURN has been reduced compared to 5 years ago.
Compared to 1 year ago, EURN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.64 indicates that EURN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.64, EURN is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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.
EURN has a better Debt to FCF ratio (3.08) than 61.67% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that 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
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.
The Current ratio of EURN (1.33) is worse than 60.00% of its industry peers.
A Quick Ratio of 1.28 indicates that EURN should not have too much problems paying its short term obligations.
EURN has a Quick ratio (1.28) which is in line with 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.
EURN shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.67%.
EURN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.53% yearly.
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.
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.
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.
The average S&P500 Price/Earnings ratio is at 31.46. EURN is valued rather cheaply when compared to this.
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.
EURN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| 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
EURN has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as EURN's earnings are expected to decrease with -23.36% in the coming years.
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 |
EURONAV NV
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 Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.28B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.77 | ||
| Fwd PE | 6.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 46.8% | ||
| PM (TTM) | 83.69% | ||
| GM | 68.73% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)180.38%
EPS 3Y24.93%
EPS 5Y
EPS Q2Q%
EPS Next Y-42.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)23.67%
Revenue growth 3Y0.68%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y