EURONAV NV (EURN.BR)

BE0003816338 - Common Stock

14.89  0 (0%)

Fundamental Rating

6

Taking everything into account, EURN scores 6 out of 10 in our fundamental rating. EURN was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. While EURN has a great profitability rating, 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. This makes EURN very considerable for value investing!



8

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.
Of the past 5 years EURN 4 years had a positive operating cash flow.

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.
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 RankSector 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's Profit Margin of 83.69% is amongst the best of the industry. EURN outperforms 98.33% of its industry peers.
EURN's Profit Margin has improved in the last couple of years.
EURN has a Operating Margin of 46.80%. This is amongst the best in the industry. EURN outperforms 88.33% of its industry peers.
In the last couple of years the Operating Margin of EURN has grown nicely.
EURN has a better Gross Margin (68.73%) than 73.33% of its industry peers.
EURN's Gross Margin has improved in the last couple of years.
Industry RankSector 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%

5

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
Compared to 5 years ago, EURN has less shares outstanding
EURN has a better debt/assets ratio than last year.

2.2 Solvency

An Altman-Z score of 2.50 indicates that EURN is not a great score, but indicates only limited risk for bankruptcy at the moment.
EURN has a better Altman-Z score (2.50) than 65.00% 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.
The Debt to FCF ratio of EURN (3.08) is better than 61.67% of its industry peers.
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 RankSector Rank
Debt/Equity 0.6
Debt/FCF 3.08
Altman-Z 2.5
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.
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.
The Quick ratio of EURN (1.28) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 1.28

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 180.38% over the past year.
EURN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.93% yearly.
The Revenue has grown by 23.67% in the past year. This is a very strong growth!
Measured over the past years, EURN shows a quite strong growth in Revenue. The Revenue has been growing by 15.53% on average per year.
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

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.

7

4. Valuation

4.1 Price/Earnings Ratio

EURN is valuated cheaply with a Price/Earnings ratio of 2.77.
Based on the Price/Earnings ratio, EURN is valued cheaply inside the industry as 88.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 29.53, EURN is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.83, the valuation of EURN can be described as very cheap.
Based on the Price/Forward Earnings ratio, EURN is valued a bit cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.94. EURN is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 2.77
Fwd PE 6.83

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 73.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 6.16
EV/EBITDA 4.13

4.3 Compensation for Growth

EURN has an outstanding profitability rating, which 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%

0

5. Dividend

5.1 Amount

No dividends for EURN!.
Industry RankSector 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 Cap2.90B
Analysts
Price Target
Dividend
Industry RankSector 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 RankSector Rank
PE 2.77
Fwd PE 6.83
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 RankSector 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 RankSector 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