Logo image of NMM

NAVIOS MARITIME PARTNERS LP (NMM) Stock Fundamental Analysis

NYSE:NMM - New York Stock Exchange, Inc. - MHY622674098 - Currency: USD

38.79  +0.45 (+1.17%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to NMM. NMM was compared to 32 industry peers in the Marine Transportation industry. There are concerns on the financial health of NMM while its profitability can be described as average. NMM has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

NMM had positive earnings in the past year.
NMM had a positive operating cash flow in the past year.
NMM had positive earnings in 4 of the past 5 years.
NMM had a positive operating cash flow in each of the past 5 years.
NMM Yearly Net Income VS EBIT VS OCF VS FCFNMM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

1.2 Ratios

With a decent Return On Assets value of 6.34%, NMM is doing good in the industry, outperforming 65.63% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.58%, NMM is in line with its industry, outperforming 59.38% of the companies in the same industry.
NMM's Return On Invested Capital of 6.79% is in line compared to the rest of the industry. NMM outperforms 59.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NMM is in line with the industry average of 8.13%.
Industry RankSector Rank
ROA 6.34%
ROE 11.58%
ROIC 6.79%
ROA(3y)8.73%
ROA(5y)6.92%
ROE(3y)17.05%
ROE(5y)13.9%
ROIC(3y)8.26%
ROIC(5y)7.45%
NMM Yearly ROA, ROE, ROICNMM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

NMM has a better Profit Margin (26.98%) than 78.13% of its industry peers.
In the last couple of years the Profit Margin of NMM has declined.
With a decent Operating Margin value of 33.90%, NMM is doing good in the industry, outperforming 75.00% of the companies in the same industry.
NMM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 86.66%, NMM belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
NMM's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 33.9%
PM (TTM) 26.98%
GM 86.66%
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%
NMM Yearly Profit, Operating, Gross MarginsNMM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

More info and screens

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NMM is destroying value.
Compared to 1 year ago, NMM has less shares outstanding
The number of shares outstanding for NMM has been increased compared to 5 years ago.
NMM has a worse debt/assets ratio than last year.
NMM Yearly Shares OutstandingNMM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NMM Yearly Total Debt VS Total AssetsNMM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

NMM has a Debt/Equity ratio of 0.60. This is a neutral value indicating NMM is somewhat dependend on debt financing.
NMM has a Debt to Equity ratio of 0.60. This is comparable to the rest of the industry: NMM outperforms 46.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC0.75
WACC9.09%
NMM Yearly LT Debt VS Equity VS FCFNMM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

NMM has a Current Ratio of 1.08. This is a normal value and indicates that NMM is financially healthy and should not expect problems in meeting its short term obligations.
NMM has a worse Current ratio (1.08) than 68.75% of its industry peers.
A Quick Ratio of 1.08 indicates that NMM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.08, NMM is doing worse than 62.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.08
Quick Ratio 1.08
NMM Yearly Current Assets VS Current LiabilitesNMM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

5

3. Growth

3.1 Past

The earnings per share for NMM have decreased strongly by -17.72% in the last year.
NMM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.83% yearly.
Looking at the last year, NMM shows a small growth in Revenue. The Revenue has grown by 2.08% in the last year.
Measured over the past years, NMM shows a very strong growth in Revenue. The Revenue has been growing by 43.48% on average per year.
EPS 1Y (TTM)-17.72%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-31.9%
Revenue 1Y (TTM)2.08%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%-13.96%

3.2 Future

Based on estimates for the next years, NMM will show a small growth in Earnings Per Share. The EPS will grow by 7.49% on average per year.
Based on estimates for the next years, NMM will show a small growth in Revenue. The Revenue will grow by 6.88% on average per year.
EPS Next Y-1.45%
EPS Next 2Y9.56%
EPS Next 3Y7.49%
EPS Next 5YN/A
Revenue Next Year1.56%
Revenue Next 2Y4.7%
Revenue Next 3Y6.88%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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.
NMM Yearly Revenue VS EstimatesNMM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B
NMM Yearly EPS VS EstimatesNMM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 3.73, the valuation of NMM can be described as very cheap.
68.75% of the companies in the same industry are more expensive than NMM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.91, NMM is valued rather cheaply.
With a Price/Forward Earnings ratio of 2.90, the valuation of NMM can be described as very cheap.
NMM's Price/Forward Earnings ratio is rather cheap when compared to the industry. NMM is cheaper than 87.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.85. NMM is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 3.73
Fwd PE 2.9
NMM Price Earnings VS Forward Price EarningsNMM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NMM indicates a somewhat cheap valuation: NMM is cheaper than 65.63% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.29
NMM Per share dataNMM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

The decent profitability rating of NMM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2Y9.56%
EPS Next 3Y7.49%

More info and screens

3

5. Dividend

5.1 Amount

With a yearly dividend of 0.50%, NMM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 9.24, NMM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, NMM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.5%

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
NMM Yearly Dividends per shareNMM Yearly Dividends per shareYearly Dividends per share 2015 2018 2019 2020 2021 2022 2023 2024 2025 100 200 300

5.3 Sustainability

NMM pays out 1.70% of its income as dividend. This is a sustainable payout ratio.
DP1.7%
EPS Next 2Y9.56%
EPS Next 3Y7.49%
NMM Yearly Income VS Free CF VS DividendNMM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M
NMM Dividend Payout.NMM Dividend Payout, showing the Payout Ratio.NMM Dividend Payout.PayoutRetained Earnings

More info and screens

NAVIOS MARITIME PARTNERS LP

NYSE:NMM (5/23/2025, 11:40:39 AM)

38.79

+0.45 (+1.17%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)05-07 2025-05-07/bmo
Earnings (Next)08-18 2025-08-18/bmo
Inst Owners30.82%
Inst Owner Change-0.28%
Ins Owners24.14%
Ins Owner ChangeN/A
Market Cap1.14B
Analysts86.67
Price Target66.81 (72.24%)
Short Float %1.41%
Short Ratio2.2
Dividend
Industry RankSector Rank
Dividend Yield 0.5%
Yearly Dividend0.2
Dividend Growth(5Y)-29.94%
DP1.7%
Div Incr Years0
Div Non Decr Years1
Ex-Date05-09 2025-05-09 (0.05)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.51%
Min EPS beat(2)-21.93%
Max EPS beat(2)10.91%
EPS beat(4)3
Avg EPS beat(4)2.56%
Min EPS beat(4)-21.93%
Max EPS beat(4)14.57%
EPS beat(8)5
Avg EPS beat(8)6.63%
EPS beat(12)5
Avg EPS beat(12)-2.36%
EPS beat(16)7
Avg EPS beat(16)3.29%
Revenue beat(2)1
Avg Revenue beat(2)3.51%
Min Revenue beat(2)0%
Max Revenue beat(2)7.02%
Revenue beat(4)3
Avg Revenue beat(4)3.26%
Min Revenue beat(4)0%
Max Revenue beat(4)7.02%
Revenue beat(8)6
Avg Revenue beat(8)5.47%
Revenue beat(12)7
Avg Revenue beat(12)4.39%
Revenue beat(16)9
Avg Revenue beat(16)4.06%
PT rev (1m)-10.27%
PT rev (3m)-10.88%
EPS NQ rev (1m)-40.33%
EPS NQ rev (3m)-40.33%
EPS NY rev (1m)-14%
EPS NY rev (3m)-10.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.29%
Revenue NY rev (3m)-17.98%
Valuation
Industry RankSector Rank
PE 3.73
Fwd PE 2.9
P/S 0.86
P/FCF N/A
P/OCF 2.37
P/B 0.37
P/tB 0.37
EV/EBITDA 4.29
EPS(TTM)10.4
EY26.81%
EPS(NY)13.37
Fwd EY34.47%
FCF(TTM)-8.94
FCFYN/A
OCF(TTM)16.39
OCFY42.27%
SpS45.24
BVpS105.35
TBVpS103.91
PEG (NY)N/A
PEG (5Y)0.11
Profitability
Industry RankSector Rank
ROA 6.34%
ROE 11.58%
ROCE 8.59%
ROIC 6.79%
ROICexc 7.23%
ROICexgc 7.3%
OM 33.9%
PM (TTM) 26.98%
GM 86.66%
FCFM N/A
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%
ROICexcg growth 3Y-11.92%
ROICexcg 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 Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF N/A
Debt/EBITDA 2.74
Cap/Depr 326.96%
Cap/Sales 56%
Interest Coverage 3.25
Cash Conversion 71.02%
Profit Quality N/A
Current Ratio 1.08
Quick Ratio 1.08
Altman-Z N/A
F-Score5
WACC9.09%
ROIC/WACC0.75
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)-17.72%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-31.9%
EPS Next Y-1.45%
EPS Next 2Y9.56%
EPS Next 3Y7.49%
EPS Next 5YN/A
Revenue 1Y (TTM)2.08%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%-13.96%
Revenue Next Year1.56%
Revenue Next 2Y4.7%
Revenue Next 3Y6.88%
Revenue Next 5YN/A
EBIT growth 1Y-10.67%
EBIT growth 3Y4.08%
EBIT growth 5Y53.14%
EBIT Next Year45.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-169.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13.71%
OCF growth 3Y20.37%
OCF growth 5Y47.01%