EURONAV NV (EURN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:EURN - BE0003816338 - Common Stock
16.31 USD
0 (0%)
16.56 USD
+0.25 (+1.53%)
Taking everything into account, EURN scores 6 out of 10 in our fundamental rating. EURN was compared to 207 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. EURN also has an excellent dividend rating. This makes EURN very considerable for value and dividend 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.
- EURN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 39.20%, EURN belongs to the top of the industry, outperforming 95.28% of the companies in the same industry.
- EURN has a better Return On Equity (75.63%) than 94.34% of its industry peers.
- EURN's Return On Invested Capital of 20.84% is amongst the best of the industry. EURN outperforms 91.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.2% | ||
| ROE | 75.63% | ||
| ROIC | 20.84% |
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 93.40% of its industry peers.
- In the last couple of years the Profit Margin of EURN has grown nicely.
- EURN has a better Operating Margin (46.80%) than 85.38% of its industry peers.
- EURN's Operating Margin has improved in the last couple of years.
- EURN's Gross Margin of 68.73% is fine compared to the rest of the industry. EURN outperforms 74.06% 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.
- EURN has more shares outstanding than it did 1 year ago.
- EURN has a better debt/assets ratio than last year.
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.
- With a decent Altman-Z score value of 2.64, EURN is doing good in the industry, outperforming 69.34% 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's Debt to FCF ratio of 3.08 is fine compared to the rest of the industry. EURN outperforms 68.40% 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 2.64 |
ROIC/WACC2.69
WACC7.74%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that EURN should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.33, EURN is in line with its industry, outperforming 53.77% of the companies in the same industry.
- A Quick Ratio of 1.28 indicates that EURN should not have too much problems paying its short term obligations.
- EURN's Quick ratio of 1.28 is fine compared to the rest of the industry. EURN outperforms 62.26% of its industry peers.
| 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.
- The Revenue has grown by 23.67% in the past year. This is a very strong growth!
- 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
- EURN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -23.36% yearly.
- 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
- With a Price/Earnings ratio of 2.78, the valuation of EURN can be described as very cheap.
- EURN's Price/Earnings ratio is rather cheap when compared to the industry. EURN is cheaper than 98.11% of the companies in the same industry.
- When comparing the Price/Earnings ratio of EURN to the average of the S&P500 Index (28.60), we can say EURN is valued rather cheaply.
- A Price/Forward Earnings ratio of 6.86 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 79.25% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, EURN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.78 | ||
| Fwd PE | 6.86 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EURN indicates a somewhat cheap valuation: EURN is cheaper than 72.17% of the companies listed in the same industry.
- EURN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. EURN is cheaper than 80.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.99 | ||
| EV/EBITDA | 4.55 |
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
- With a Yearly Dividend Yield of 59.90%, EURN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.73, EURN pays a better dividend. On top of this EURN pays more dividend than 100.00% of the companies listed in the same industry.
- EURN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 59.9% |
5.2 History
- On average, the dividend of EURN grows each year by 91.85%, which is quite nice.
- EURN has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of EURN decreased in the last 3 years.
Dividend Growth(5Y)91.85%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 43.64% of the earnings are spent on dividend by EURN. This is a bit on the high side, but may be sustainable.
DP43.64%
EPS Next 2Y-25.37%
EPS Next 3Y-23.36%
EURONAV NV / EURN FAQ
Can you provide the ChartMill fundamental rating for EURONAV NV?
ChartMill assigns a fundamental rating of 7 / 10 to EURN.
Can you provide the valuation status for EURONAV NV?
ChartMill assigns a valuation rating of 8 / 10 to EURONAV NV (EURN). This can be considered as Undervalued.
Can you provide the profitability details for EURONAV NV?
EURONAV NV (EURN) 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) is 2.78 and the Price/Book (PB) ratio is 1.85.
Can you provide the expected EPS growth for EURN stock?
The Earnings per Share (EPS) of EURONAV NV (EURN) is expected to decline by -42.87% in the next year.