EURONAV NV (EURN)
BE0003816338 - Common Stock
Overall EURN gets a fundamental rating of 7 out of 10. We evaluated EURN against 213 industry peers in the Oil, Gas & Consumable Fuels industry. EURN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. EURN is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make EURN suitable for value and quality 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
EURN's Return On Assets of 33.96% is amongst the best of the industry. EURN outperforms 93.40% of its industry peers.
The Return On Equity of EURN (48.78%) is better than 88.21% of its industry peers.
EURN has a better Return On Invested Capital (23.76%) than 90.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 33.96% | ||
| ROE | 48.78% | ||
| ROIC | 23.76% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
EURN has a better Profit Margin (62.08%) than 89.62% of its industry peers.
In the last couple of years the Profit Margin of EURN has grown nicely.
Looking at the Operating Margin, with a value of 48.60%, EURN belongs to the top of the industry, outperforming 82.55% of the companies in the same industry.
EURN's Operating Margin has improved in the last couple of years.
The Gross Margin of EURN (70.34%) is better than 74.06% of its industry peers.
In the last couple of years the Gross Margin of EURN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.6% | ||
| PM (TTM) | 62.08% | ||
| GM | 70.34% |
OM growth 3Y4.72%
OM growth 5YN/A
PM growth 3Y21.25%
PM growth 5YN/A
GM growth 3Y-0.78%
GM growth 5Y8.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EURN is creating value.
EURN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
EURN has an Altman-Z score of 3.82. This indicates that EURN is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.82, EURN belongs to the top of the industry, outperforming 82.08% of the companies in the same industry.
EURN has a debt to FCF ratio of 1.81. This is a very positive value and a sign of high solvency as it would only need 1.81 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.81, EURN is in the better half of the industry, outperforming 77.36% of the companies in the same industry.
A Debt/Equity ratio of 0.27 indicates that EURN is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.27, EURN is doing good in the industry, outperforming 63.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | 3.82 |
ROIC/WACC2.8
WACC8.49%
2.3 Liquidity
A Current Ratio of 1.94 indicates that EURN should not have too much problems paying its short term obligations.
EURN has a better Current ratio (1.94) than 75.00% of its industry peers.
A Quick Ratio of 1.88 indicates that EURN should not have too much problems paying its short term obligations.
EURN's Quick ratio of 1.88 is fine compared to the rest of the industry. EURN outperforms 76.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 327.00% over the past year.
The Earnings Per Share has been growing by 24.93% on average over the past years. This is a very strong growth
The Revenue has grown by 55.61% 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 15.58% on average per year.
EPS 1Y (TTM)327%
EPS 3Y24.93%
EPS 5YN/A
EPS growth Q2Q75%
Revenue 1Y (TTM)55.61%
Revenue growth 3Y0.74%
Revenue growth 5Y15.58%
Revenue growth Q2Q-7.16%
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 -25.94% yearly.
Based on estimates for the next years, EURN will show a decrease in Revenue. The Revenue will decrease by -3.71% on average per year.
EPS Next Y-45.9%
EPS Next 2Y-34.18%
EPS Next 3Y-25.94%
EPS Next 5YN/A
Revenue Next Year-20.15%
Revenue Next 2Y-6.33%
Revenue Next 3Y-3.71%
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
With a Price/Earnings ratio of 3.83, the valuation of EURN can be described as very cheap.
Based on the Price/Earnings ratio, EURN is valued cheaply inside the industry as 93.40% of the companies are valued more expensively.
EURN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.80.
With a Price/Forward Earnings ratio of 7.08, the valuation of EURN can be described as very cheap.
EURN's Price/Forward Earnings ratio is rather cheap when compared to the industry. EURN is cheaper than 82.08% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, EURN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.83 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EURN indicates a rather cheap valuation: EURN is cheaper than 85.38% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, EURN is valued a bit cheaper than 77.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.64 | ||
| EV/EBITDA | 3.37 |
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 -25.94% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-34.18%
EPS Next 3Y-25.94%
5. Dividend
5.1 Amount
EURN has a Yearly Dividend Yield of 8.82%, which is a nice return.
EURN's Dividend Yield is rather good when compared to the industry average which is at 5.80. EURN pays more dividend than 86.79% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, EURN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.82% |
5.2 History
The dividend of EURN decreases each year by -15.51%.
EURN has been paying a dividend for over 5 years, so it has already some track record.
The dividend of EURN decreased in the last 3 years.
Dividend Growth(5Y)-15.51%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
54.74% of the earnings are spent on dividend by EURN. This is a bit on the high side, but may be sustainable.
The Dividend Rate of EURN has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP54.74%
EPS Next 2Y-34.18%
EPS Next 3Y-25.94%
EURONAV NV
NYSE:EURN (4/19/2024, 9:48:11 AM)
16.365
-0.01 (-0.03%)
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 Cap3.31B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.82% |
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)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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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)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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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 | 3.83 | ||
| Fwd PE | 7.08 | ||
| 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 | 33.96% | ||
| ROE | 48.78% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 48.6% | ||
| PM (TTM) | 62.08% | ||
| GM | 70.34% | ||
| 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 Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.88 | ||
| 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)
Growth
EPS 1Y (TTM)327%
EPS 3Y24.93%
EPS 5Y
EPS growth Q2Q
EPS Next Y-45.9%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)55.61%
Revenue growth 3Y0.74%
Revenue growth 5Y
Revenue growth 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