Nordic American Tankers Statistics
Total Valuation
NAT has a market cap or net worth of $780.90 million. The enterprise value is $1.05 billion.
| Market Cap | 780.90M |
| Enterprise Value | 1.05B |
Important Dates
The next estimated earnings date is Monday, August 26, 2024, before market open.
| Earnings Date | Aug 26, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
NAT has 208.80 million shares outstanding.
| Shares Outstanding | 208.80M |
| Owned by Insiders (%) | 3.31% |
| Owned by Institutions (%) | 43.39% |
| Float | 201.89M |
Valuation Ratios
The trailing PE ratio is 11.69 and the forward PE ratio is 48.08. NAT's PEG ratio is -2.50.
| PE Ratio | 11.69 |
| Forward PE | 48.08 |
| PS Ratio | 1.99 |
| Forward PS | n/a |
| PB Ratio | 1.45 |
| P/FCF Ratio | 11.87 |
| PEG Ratio | -2.50 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.81, with an EV/FCF ratio of 15.95.
| EV / Earnings | 10.63 |
| EV / Sales | 2.68 |
| EV / EBITDA | 5.81 |
| EV / EBIT | 8.11 |
| EV / FCF | 15.95 |
Financial Position
The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.55 |
| Quick Ratio | 0.85 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 1.67 |
| Debt / FCF | 4.59 |
| Interest Coverage | 4.24 |
Financial Efficiency
Return on equity (ROE) is 18.30% and return on invested capital (ROIC) is 15.21%.
| Return on Equity (ROE) | 18.30% |
| Return on Assets (ROA) | 11.20% |
| Return on Capital (ROIC) | 15.21% |
| Revenue Per Employee | $23.04M |
| Profits Per Employee | $5.81M |
| Employee Count | 17 |
| Asset Turnover | 0.45 |
| Inventory Turnover | 8.98 |
Taxes
In the past 12 months, NAT has paid $120,000 in taxes.
| Income Tax | 120,000 |
| Effective Tax Rate | 0.12% |
Stock Price Statistics
The stock price has decreased by -0.80% in the last 52 weeks. The beta is -0.17, so NAT's price volatility has been lower than the market average.
| Beta (5Y) | -0.17 |
| 52-Week Price Change | -0.80% |
| 50-Day Moving Average | 4.02 |
| 200-Day Moving Average | 4.13 |
| Relative Strength Index (RSI) | 39.10 |
| Average Volume (20 Days) | 2,344,098 |
Short Selling Information
| Short Interest | 5.75M |
| Short Previous Month | 6.21M |
| Short % of Shares Out | 2.85% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.30 |
Income Statement
In the last 12 months, NAT had revenue of $391.69 million and earned $98.71 million in profits. Earnings per share was $0.47.
| Revenue | 391.69M |
| Gross Profit | 150.78M |
| Operating Income | 127.89M |
| Pretax Income | 98.83M |
| Net Income | 98.71M |
| EBITDA | 180.73M |
| EBIT | 129.33M |
| Earnings Per Share (EPS) | $0.47 |
Balance Sheet
The company has $33.36 million in cash and $301.60 million in debt, giving a net cash position of -$268.23 million or -$1.28 per share.
| Cash & Cash Equivalents | 33.36M |
| Total Debt | 301.60M |
| Net Cash | -268.23M |
| Net Cash Per Share | -$1.28 |
| Equity (Book Value) | 538.30M |
| Book Value Per Share | 2.58 |
| Working Capital | 38.43M |
Cash Flow
In the last 12 months, operating cash flow was $139.45 million and capital expenditures -$73.67 million, giving a free cash flow of $65.78 million.
| Operating Cash Flow | 139.45M |
| Capital Expenditures | -73.67M |
| Free Cash Flow | 65.78M |
| FCF Per Share | $0.32 |
Margins
Gross margin is 38.50%, with operating and profit margins of 32.65% and 25.20%.
| Gross Margin | 38.50% |
| Operating Margin | 32.65% |
| Pretax Margin | 25.23% |
| Profit Margin | 25.20% |
| EBITDA Margin | 46.14% |
| EBIT Margin | 33.02% |
| FCF Margin | 16.79% |
Dividends & Yields
This stock pays an annual dividend of $0.48, which amounts to a dividend yield of 12.83%.
| Dividend Per Share | $0.48 |
| Dividend Yield | 12.83% |
| Dividend Growth (YoY) | 13.16% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 102.13% |
| Buyback Yield | -3.36% |
| Shareholder Yield | 9.48% |
| Earnings Yield | 12.64% |
| FCF Yield | 8.42% |
Analyst Forecast
The average price target for NAT is $5.17, which is 38.24% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $5.17 |
| Price Target Difference | 38.24% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | -9.17% |
| EPS Growth Forecast (5Y) | 0.25% |
Stock Splits
The last stock split was on August 10, 2017. It was a forward split with a ratio of 1008:1000.
| Last Split Date | Aug 10, 2017 |
| Split Type | Forward |
| Split Ratio | 1008:1000 |
Scores
NAT has an Altman Z-Score of 2.27 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.27 |
| Piotroski F-Score | 7 |