NAVIOS MARITIME PARTNERS LP (NMM) Stock Fundamental Analysis
USA - NYSE:NMM - MHY622674098
45.84 USD
-0.83 (-1.78%)
We assign a fundamental rating of 4 out of 10 to NMM. NMM was compared to 35 industry peers in the Marine Transportation industry. NMM has a medium profitability rating, but doesn't score so well on its financial health evaluation. NMM has a correct valuation and a medium growth rate.
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.
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.
1.2 Ratios
With a decent Return On Assets value of 5.06%, NMM is doing good in the industry, outperforming 71.43% of the companies in the same industry.
NMM's Return On Equity of 9.34% is fine compared to the rest of the industry. NMM outperforms 71.43% of its industry peers.
The Return On Invested Capital of NMM (5.92%) is better than 65.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NMM is significantly below the industry average of 18.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.06% | ||
| ROE | 9.34% | ||
| ROIC | 5.92% |
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 22.82%, 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 31.16%, NMM is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Operating Margin of NMM has grown nicely.
NMM has a Gross Margin of 90.47%. This is amongst the best in the industry. NMM outperforms 94.29% of its industry peers.
In the last couple of years the Gross Margin of NMM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.16% | ||
| PM (TTM) | 22.82% | ||
| GM | 90.47% |
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.
NMM has more shares outstanding than it did 5 years ago.
NMM has a worse debt/assets ratio than last year.
2.2 Solvency
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 in line with its industry, outperforming 45.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.64
WACC9.21%
2.3 Liquidity
NMM has a Current Ratio of 1.09. 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 Current ratio of 1.09. This is in the lower half of the industry: NMM underperforms 65.71% of its industry peers.
A Quick Ratio of 1.09 indicates that NMM should not have too much problems paying its short term obligations.
NMM has a worse Quick ratio (1.09) than 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The earnings per share for NMM have decreased strongly by -23.34% 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.
NMM shows a decrease in Revenue. In the last year, the revenue decreased by -0.47%.
NMM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 43.48% yearly.
EPS 1Y (TTM)-23.34%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-29.74%
Revenue 1Y (TTM)-0.47%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%-13.39%
3.2 Future
The Earnings Per Share is expected to grow by 10.96% on average over the next years. This is quite good.
Based on estimates for the next years, NMM will show a small growth in Revenue. The Revenue will grow by 7.00% on average per year.
EPS Next Y-24.43%
EPS Next 2Y-2.76%
EPS Next 3Y10.96%
EPS Next 5YN/A
Revenue Next Year0.08%
Revenue Next 2Y4.89%
Revenue Next 3Y7%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
The Price/Earnings ratio is 4.83, which indicates a rather cheap valuation of NMM.
Compared to the rest of the industry, the Price/Earnings ratio of NMM indicates a somewhat cheap valuation: NMM is cheaper than 77.14% of the companies listed in the same industry.
NMM is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 4.35, which indicates a rather cheap valuation of NMM.
Based on the Price/Forward Earnings ratio, NMM is valued a bit cheaper than 80.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, NMM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.83 | ||
| Fwd PE | 4.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NMM is valued a bit cheaper than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.64 |
4.3 Compensation for Growth
The decent profitability rating of NMM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-2.76%
EPS Next 3Y10.96%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, NMM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.27, NMM has a dividend in line with its industry peers.
With a Dividend Yield of 0.43, NMM pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
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.
The dividend of NMM decreased recently.
Dividend Growth(5Y)-29.94%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
2.03% of the earnings are spent on dividend by NMM. This is a low number and sustainable payout ratio.
DP2.03%
EPS Next 2Y-2.76%
EPS Next 3Y10.96%
NYSE:NMM (10/24/2025, 8:04:01 PM)
45.84
-0.83 (-1.78%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners32.41%
Inst Owner Change0%
Ins Owners30.09%
Ins Owner ChangeN/A
Market Cap1.33B
Revenue(TTM)1.31B
Net Income(TTM)297.86M
Analysts86.67
Price Target67.83 (47.97%)
Short Float %1.37%
Short Ratio2.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.2
Dividend Growth(5Y)-29.94%
DP2.03%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.69%
Min EPS beat(2)-1.22%
Max EPS beat(2)14.6%
EPS beat(4)2
Avg EPS beat(4)0.59%
Min EPS beat(4)-21.93%
Max EPS beat(4)14.6%
EPS beat(8)5
Avg EPS beat(8)10.71%
EPS beat(12)6
Avg EPS beat(12)0.69%
EPS beat(16)7
Avg EPS beat(16)1.39%
Revenue beat(2)0
Avg Revenue beat(2)-14.71%
Min Revenue beat(2)-24.2%
Max Revenue beat(2)-5.22%
Revenue beat(4)1
Avg Revenue beat(4)-5.6%
Min Revenue beat(4)-24.2%
Max Revenue beat(4)7.02%
Revenue beat(8)4
Avg Revenue beat(8)-1.73%
Revenue beat(12)7
Avg Revenue beat(12)2.27%
Revenue beat(16)8
Avg Revenue beat(16)2.09%
PT rev (1m)0%
PT rev (3m)1.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.13%
EPS NY rev (1m)-16.57%
EPS NY rev (3m)-23.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.83 | ||
| Fwd PE | 4.35 | ||
| P/S | 1.02 | ||
| P/FCF | N/A | ||
| P/OCF | 2.48 | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | 4.64 |
EPS(TTM)9.49
EY20.7%
EPS(NY)10.53
Fwd EY22.98%
FCF(TTM)-6.69
FCFYN/A
OCF(TTM)18.52
OCFY40.4%
SpS45.11
BVpS110.27
TBVpS109.1
PEG (NY)N/A
PEG (5Y)0.14
Graham Number153.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.06% | ||
| ROE | 9.34% | ||
| ROCE | 7.49% | ||
| ROIC | 5.92% | ||
| ROICexc | 6.38% | ||
| ROICexgc | 6.42% | ||
| OM | 31.16% | ||
| PM (TTM) | 22.82% | ||
| GM | 90.47% | ||
| 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%
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-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.87 | ||
| Cap/Depr | 264.19% | ||
| Cap/Sales | 55.88% | ||
| Interest Coverage | 2.97 | ||
| Cash Conversion | 78.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | N/A |
F-Score6
WACC9.21%
ROIC/WACC0.64
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)-23.34%
EPS 3Y-7.6%
EPS 5Y34.83%
EPS Q2Q%-29.74%
EPS Next Y-24.43%
EPS Next 2Y-2.76%
EPS Next 3Y10.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.47%
Revenue growth 3Y23.21%
Revenue growth 5Y43.48%
Sales Q2Q%-13.39%
Revenue Next Year0.08%
Revenue Next 2Y4.89%
Revenue Next 3Y7%
Revenue Next 5YN/A
EBIT growth 1Y-17.33%
EBIT growth 3Y4.08%
EBIT growth 5Y53.14%
EBIT Next Year44.41%
EBIT Next 3Y23.2%
EBIT Next 5YN/A
FCF growth 1Y-316.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-8.79%
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 4 / 10 to NMM.
What is the valuation status of NAVIOS MARITIME PARTNERS LP (NMM) stock?
ChartMill assigns a valuation rating of 5 / 10 to NAVIOS MARITIME PARTNERS LP (NMM). This can be considered as Fairly Valued.
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 4.83 and the Price/Book (PB) ratio is 0.42.
How financially healthy is NAVIOS MARITIME PARTNERS LP?
The financial health rating of NAVIOS MARITIME PARTNERS LP (NMM) is 2 / 10.