NAVIOS MARITIME PARTNERS LP (NMM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NMM - MHY622674098
52.09 USD
+0.83 (+1.62%)
Taking everything into account, NMM scores 5 out of 10 in our fundamental rating. NMM was compared to 35 industry peers in the Marine Transportation industry. There are concerns on the financial health of NMM while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on NMM.
1. Profitability
1.1 Basic Checks
NMM had positive earnings in the past year.
In the past year NMM had a positive cash flow from operations.
Of the past 5 years NMM 4 years were profitable.
NMM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NMM has a better Return On Assets (4.34%) than 68.57% of its industry peers.
NMM has a Return On Equity of 7.95%. This is in the better half of the industry: NMM outperforms 68.57% of its industry peers.
NMM has a better Return On Invested Capital (5.34%) than 65.71% of its industry peers.
NMM had an Average Return On Invested Capital over the past 3 years of 8.26%. This is in line with the industry average of 6.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.34% | ||
| ROE | 7.95% | ||
| ROIC | 5.34% |
ROA(3y)8.73%
ROA(5y)6.92%
ROE(3y)17.05%
ROE(5y)13.9%
ROIC(3y)8.26%
ROIC(5y)7.45%
1.3 Margins
With a decent Profit Margin value of 19.62%, NMM is doing good in the industry, outperforming 80.00% of the companies in the same industry.
NMM's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 28.13%, NMM is doing good in the industry, outperforming 74.29% of the companies in the same industry.
NMM's Operating Margin has improved in the last couple of years.
NMM's Gross Margin of 91.95% is amongst the best of the industry. NMM outperforms 94.29% of its industry peers.
NMM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.13% | ||
| PM (TTM) | 19.62% | ||
| GM | 91.95% |
OM growth 3Y-15.53%
OM growth 5Y6.73%
PM growth 3Y-27.55%
PM growth 5YN/A
GM growth 3Y-2.19%
GM growth 5Y-1.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NMM is destroying value.
NMM has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NMM has more shares outstanding
The debt/assets ratio for NMM is higher compared to a year ago.
2.2 Solvency
NMM has a debt to FCF ratio of 55.28. This is a negative value and a sign of low solvency as NMM would need 55.28 years to pay back of all of its debts.
With a Debt to FCF ratio value of 55.28, NMM perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
NMM has a Debt/Equity ratio of 0.61. This is a neutral value indicating NMM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.61, NMM is doing worse than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 55.28 | ||
| Altman-Z | N/A |
ROIC/WACC0.6
WACC8.86%
2.3 Liquidity
A Current Ratio of 1.03 indicates that NMM should not have too much problems paying its short term obligations.
NMM has a Current ratio of 1.03. This is in the lower half of the industry: NMM underperforms 77.14% of its industry peers.
NMM has a Quick Ratio of 1.03. This is a normal value and indicates that NMM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.03, NMM is not doing good in the industry: 74.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The earnings per share for NMM have decreased strongly by -28.64% in the last year.
Measured over the past years, NMM shows a very strong growth in Earnings Per Share. The EPS has been growing by 34.83% on average per year.
NMM shows a decrease in Revenue. In the last year, the revenue decreased by -1.33%.
The Revenue has been growing by 43.48% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-28.64%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-10.16%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%1.79%
3.2 Future
NMM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.61% yearly.
NMM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.27% yearly.
EPS Next Y-15.59%
EPS Next 2Y13.93%
EPS Next 3Y21.61%
EPS Next 5YN/A
Revenue Next Year0.41%
Revenue Next 2Y7.56%
Revenue Next 3Y9.27%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
Based on the Price/Earnings ratio of 5.68, the valuation of NMM can be described as very cheap.
Based on the Price/Earnings ratio, NMM is valued a bit cheaper than 74.29% of the companies in the same industry.
When comparing the Price/Earnings ratio of NMM to the average of the S&P500 Index (26.92), we can say NMM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.60, the valuation of NMM can be described as very cheap.
Based on the Price/Forward Earnings ratio, NMM is valued cheaper than 88.57% of the companies in the same industry.
NMM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 3.6 |
4.2 Price Multiples
NMM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NMM is cheaper than 65.71% of the companies in the same industry.
NMM's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.17 | ||
| EV/EBITDA | 4.77 |
4.3 Compensation for Growth
The decent profitability rating of NMM may justify a higher PE ratio.
A more expensive valuation may be justified as NMM's earnings are expected to grow with 21.61% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y13.93%
EPS Next 3Y21.61%
5. Dividend
5.1 Amount
With a yearly dividend of 0.39%, NMM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.65, NMM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, NMM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
5.2 History
The dividend of NMM decreases each year by -29.94%.
NMM has paid a dividend for at least 10 years, which is a reliable track record.
NMM has decreased its dividend recently.
Dividend Growth(5Y)-29.94%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
2.34% of the earnings are spent on dividend by NMM. This is a low number and sustainable payout ratio.
DP2.34%
EPS Next 2Y13.93%
EPS Next 3Y21.61%
NYSE:NMM (12/26/2025, 8:05:56 PM)
52.09
+0.83 (+1.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners31.99%
Inst Owner Change-1.32%
Ins Owners30.3%
Ins Owner ChangeN/A
Market Cap1.50B
Revenue(TTM)1.31B
Net Income(TTM)257.21M
Analysts86.67
Price Target70.38 (35.11%)
Short Float %1.52%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
Yearly Dividend0.2
Dividend Growth(5Y)-29.94%
DP2.34%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.1%
Min EPS beat(2)-1.22%
Max EPS beat(2)33.43%
EPS beat(4)3
Avg EPS beat(4)14.43%
Min EPS beat(4)-1.22%
Max EPS beat(4)33.43%
EPS beat(8)6
Avg EPS beat(8)15.02%
EPS beat(12)7
Avg EPS beat(12)5.65%
EPS beat(16)7
Avg EPS beat(16)0.63%
Revenue beat(2)1
Avg Revenue beat(2)2.97%
Min Revenue beat(2)-5.22%
Max Revenue beat(2)11.17%
Revenue beat(4)2
Avg Revenue beat(4)-2.81%
Min Revenue beat(4)-24.2%
Max Revenue beat(4)11.17%
Revenue beat(8)4
Avg Revenue beat(8)-1.05%
Revenue beat(12)7
Avg Revenue beat(12)1.57%
Revenue beat(16)8
Avg Revenue beat(16)1.99%
PT rev (1m)3.76%
PT rev (3m)3.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.48%
EPS NY rev (1m)11.7%
EPS NY rev (3m)11.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.51%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 3.6 | ||
| P/S | 1.14 | ||
| P/FCF | 37.17 | ||
| P/OCF | 3.02 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 4.77 |
EPS(TTM)9.17
EY17.6%
EPS(NY)14.46
Fwd EY27.76%
FCF(TTM)1.4
FCFY2.69%
OCF(TTM)17.26
OCFY33.14%
SpS45.62
BVpS112.55
TBVpS112.39
PEG (NY)N/A
PEG (5Y)0.16
Graham Number152.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.34% | ||
| ROE | 7.95% | ||
| ROCE | 6.75% | ||
| ROIC | 5.34% | ||
| ROICexc | 5.74% | ||
| ROICexgc | 5.74% | ||
| OM | 28.13% | ||
| PM (TTM) | 19.62% | ||
| GM | 91.95% | ||
| FCFM | 3.07% |
ROA(3y)8.73%
ROA(5y)6.92%
ROE(3y)17.05%
ROE(5y)13.9%
ROIC(3y)8.26%
ROIC(5y)7.45%
ROICexc(3y)8.71%
ROICexc(5y)7.84%
ROICexgc(3y)8.84%
ROICexgc(5y)7.99%
ROCE(3y)10.45%
ROCE(5y)9.44%
ROICexgc growth 3Y-11.92%
ROICexgc growth 5Y14.56%
ROICexc growth 3Y-11.19%
ROICexc growth 5Y14.42%
OM growth 3Y-15.53%
OM growth 5Y6.73%
PM growth 3Y-27.55%
PM growth 5YN/A
GM growth 3Y-2.19%
GM growth 5Y-1.11%
F-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 55.28 | ||
| Debt/EBITDA | 2.82 | ||
| Cap/Depr | 139.26% | ||
| Cap/Sales | 34.77% | ||
| Interest Coverage | 2.61 | ||
| Cash Conversion | 71.27% | ||
| Profit Quality | 15.66% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | N/A |
F-Score5
WACC8.86%
ROIC/WACC0.6
Cap/Depr(3y)208.63%
Cap/Depr(5y)189.47%
Cap/Sales(3y)35.28%
Cap/Sales(5y)33.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.64%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-10.16%
EPS Next Y-15.59%
EPS Next 2Y13.93%
EPS Next 3Y21.61%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%1.79%
Revenue Next Year0.41%
Revenue Next 2Y7.56%
Revenue Next 3Y9.27%
Revenue Next 5YN/A
EBIT growth 1Y-27.18%
EBIT growth 3Y4.08%
EBIT growth 5Y53.14%
EBIT Next Year47.95%
EBIT Next 3Y28.37%
EBIT Next 5YN/A
FCF growth 1Y-89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1.55%
OCF growth 3Y20.37%
OCF growth 5Y47.01%
NAVIOS MARITIME PARTNERS LP / NMM FAQ
What is the ChartMill fundamental rating of NAVIOS MARITIME PARTNERS LP (NMM) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NMM.
What is the valuation status of NAVIOS MARITIME PARTNERS LP (NMM) stock?
ChartMill assigns a valuation rating of 7 / 10 to NAVIOS MARITIME PARTNERS LP (NMM). This can be considered as Undervalued.
What is the profitability of NMM stock?
NAVIOS MARITIME PARTNERS LP (NMM) has a profitability rating of 6 / 10.
What are the PE and PB ratios of NAVIOS MARITIME PARTNERS LP (NMM) stock?
The Price/Earnings (PE) ratio for NAVIOS MARITIME PARTNERS LP (NMM) is 5.68 and the Price/Book (PB) ratio is 0.46.
How financially healthy is NAVIOS MARITIME PARTNERS LP?
The financial health rating of NAVIOS MARITIME PARTNERS LP (NMM) is 2 / 10.