Nordic American Tankers Limited (NAT)
NYSE: NAT · Real-Time Price · USD
2.965
-0.035 (-1.17%)
Nov 21, 2024, 12:19 PM EST - Market open

Nordic American Tankers Statistics

Total Valuation

NAT has a market cap or net worth of $619.08 million. The enterprise value is $872.32 million.

Market Cap 619.08M
Enterprise Value 872.32M

Important Dates

The next estimated earnings date is Monday, December 2, 2024, before market open.

Earnings Date Dec 2, 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.

Current Share Class 208.80M
Shares Outstanding 208.80M
Shares Change (YoY) +0.41%
Shares Change (QoQ) n/a
Owned by Insiders (%) 3.31%
Owned by Institutions (%) 41.06%
Float 201.89M

Valuation Ratios

The trailing PE ratio is 10.34 and the forward PE ratio is 6.25.

PE Ratio 10.34
Forward PE 6.25
PS Ratio 1.72
Forward PS n/a
PB Ratio 1.19
P/TBV Ratio 1.19
P/FCF Ratio 17.75
P/OCF Ratio 5.66
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.00, with an EV/FCF ratio of 24.72.

EV / Earnings 14.15
EV / Sales 2.39
EV / EBITDA 6.00
EV / EBIT 9.54
EV / FCF 24.72

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 -32.31% 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 -32.31%
50-Day Moving Average 3.44
200-Day Moving Average 3.79
Relative Strength Index (RSI) 32.58
Average Volume (20 Days) 2,391,756

Short Selling Information

Short Interest 9.24M
Short Previous Month 7.86M
Short % of Shares Out 4.58%
Short % of Float n/a
Short Ratio (days to cover) 4.26

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 16.19%.

Dividend Per Share $0.48
Dividend Yield 16.19%
Dividend Growth (YoY) -12.50%
Years of Dividend Growth 2
Payout Ratio 165.45%
Buyback Yield -0.41%
Shareholder Yield 15.59%
Earnings Yield 9.84%
FCF Yield 5.63%
Dividend Details

Analyst Forecast

The average price target for NAT is $3.75, which is 26.48% higher than the current price. The consensus rating is "Hold".

Price Target $3.75
Price Target Difference 26.48%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) -9.17%
EPS Growth Forecast (5Y) 0.25%
Stock Forecasts

Stock 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