Nordic American Tankers Statistics
Total Valuation
NAT has a market cap or net worth of $655.62 million. The enterprise value is $901.55 million.
Important Dates
The next estimated earnings date is Wednesday, November 27, 2024, before market open.
| Earnings Date | Nov 27, 2024 |
| Ex-Dividend Date | Sep 26, 2024 |
Share Statistics
NAT has 208.80 million shares outstanding. The number of shares has increased by 0.41% in one year.
| Shares Outstanding | 208.80M |
| Shares Change (YoY) | +0.41% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 3.31% |
| Owned by Institutions (%) | 44.02% |
| Float | 201.89M |
Valuation Ratios
The trailing PE ratio is 10.82 and the forward PE ratio is 6.37.
| PE Ratio | 10.82 |
| Forward PE | 6.37 |
| PS Ratio | 1.80 |
| Forward PS | n/a |
| PB Ratio | 1.25 |
| P/FCF Ratio | 18.58 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.20, with an EV/FCF ratio of 25.55.
| EV / Earnings | 14.62 |
| EV / Sales | 2.48 |
| EV / EBITDA | 6.20 |
| EV / EBIT | 9.86 |
| EV / FCF | 25.55 |
Financial Position
The company has a current ratio of 0.79, with a Debt / Equity ratio of 0.55.
| Current Ratio | 0.79 |
| Quick Ratio | 0.43 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 1.97 |
| Debt / FCF | 8.12 |
| Interest Coverage | 2.98 |
Financial Efficiency
Return on equity (ROE) is 11.44% and return on invested capital (ROIC) is 6.95%.
| Return on Equity (ROE) | 11.44% |
| Return on Assets (ROA) | 6.55% |
| Return on Capital (ROIC) | 6.95% |
| Revenue Per Employee | $21.43M |
| Profits Per Employee | $3.63M |
| Employee Count | 17 |
| Asset Turnover | 0.42 |
| Inventory Turnover | 5.40 |
Taxes
In the past 12 months, NAT has paid $120,000 in taxes.
| Income Tax | 120,000 |
| Effective Tax Rate | 0.19% |
Stock Price Statistics
The stock price has decreased by -32.76% in the last 52 weeks. The beta is -0.23, so NAT's price volatility has been lower than the market average.
| Beta (5Y) | -0.23 |
| 52-Week Price Change | -32.76% |
| 50-Day Moving Average | 3.58 |
| 200-Day Moving Average | 3.87 |
| Relative Strength Index (RSI) | 21.61 |
| Average Volume (20 Days) | 2,167,226 |
Short Selling Information
| Short Interest | 6.94M |
| Short Previous Month | 7.21M |
| Short % of Shares Out | 3.44% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.13 |
Income Statement
In the last 12 months, NAT had revenue of $364.25 million and earned $61.65 million in profits. Earnings per share was $0.29.
| Revenue | 364.25M |
| Gross Profit | 171.51M |
| Operating Income | 91.40M |
| Pretax Income | 98.83M |
| Net Income | 61.65M |
| EBITDA | 145.42M |
| EBIT | 91.40M |
| Earnings Per Share (EPS) | $0.29 |
Full Income StatementBalance Sheet
The company has $40.76 million in cash and $286.69 million in debt, giving a net cash position of -$245.93 million or -$1.18 per share.
| Cash & Cash Equivalents | 40.76M |
| Total Debt | 286.69M |
| Net Cash | -245.93M |
| Net Cash Per Share | -$1.18 |
| Equity (Book Value) | 525.85M |
| Book Value Per Share | 2.52 |
| Working Capital | -30.38M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $110.67 million and capital expenditures -$75.39 million, giving a free cash flow of $35.29 million.
| Operating Cash Flow | 110.67M |
| Capital Expenditures | -75.39M |
| Free Cash Flow | 35.29M |
| FCF Per Share | $0.17 |
Full Cash Flow StatementMargins
Gross margin is 47.08%, with operating and profit margins of 25.09% and 16.93%.
| Gross Margin | 47.08% |
| Operating Margin | 25.09% |
| Pretax Margin | 16.96% |
| Profit Margin | 16.93% |
| EBITDA Margin | 39.92% |
| EBIT Margin | 25.09% |
| FCF Margin | 16.79% |
Dividends & Yields
This stock pays an annual dividend of $0.48, which amounts to a dividend yield of 15.29%.
| Dividend Per Share | $0.48 |
| Dividend Yield | 15.29% |
| Dividend Growth (YoY) | -12.50% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 165.45% |
| Buyback Yield | -0.41% |
| Shareholder Yield | 14.87% |
| Earnings Yield | 9.40% |
| FCF Yield | 5.38% |
Dividend DetailsAnalyst Forecast
The average price target for NAT is $4.00, which is 27.39% higher than the current price. The consensus rating is "Hold".
| Price Target | $4.00 |
| Price Target Difference | 27.39% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | -9.17% |
| EPS Growth Forecast (5Y) | 0.25% |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
NAT has an Altman Z-Score of 2.23 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.23 |
| Piotroski F-Score | 5 |