Nordic American Tankers Statistics
Total Valuation
NAT has a market cap or net worth of $793.42 million. The enterprise value is $1.04 billion.
| Market Cap | 793.42M |
| Enterprise Value | 1.04B |
Important Dates
The next estimated earnings date is Monday, May 20, 2024, before market open.
| Earnings Date | May 20, 2024 |
| Ex-Dividend Date | Mar 19, 2024 |
Share Statistics
NAT has 208.80 million shares outstanding.
| Shares Outstanding | 208.80M |
| Owned by Insiders (%) | 3.02% |
| Owned by Institutions (%) | 45.71% |
| Float | 202.42M |
Valuation Ratios
The trailing PE ratio is 8.02 and the forward PE ratio is 48.08. NAT's PEG ratio is -2.50.
| PE Ratio | 8.02 |
| Forward PE | 48.08 |
| PS Ratio | 2.34 |
| Forward PS | n/a |
| PB Ratio | 1.47 |
| P/FCF Ratio | 81.04 |
| PEG Ratio | -2.50 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.20, with an EV/FCF ratio of 105.88.
| EV / Earnings | 68.65 |
| EV / Sales | 3.06 |
| EV / EBITDA | 11.20 |
| EV / EBIT | 24.58 |
| EV / FCF | 105.88 |
Financial Position
The company has a current ratio of 1.97, with a Debt / Equity ratio of 0.57.
| Current Ratio | 1.97 |
| Quick Ratio | 1.16 |
| Debt / Equity | 0.57 |
| Debt / EBITDA | 3.31 |
| Debt / FCF | 31.31 |
| Interest Coverage | 1.56 |
Financial Efficiency
Return on equity (ROE) is 2.90% and return on invested capital (ROIC) is 4.94%.
| Return on Equity (ROE) | 2.90% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 4.94% |
| Revenue Per Employee | $18.85M |
| Profits Per Employee | $838,944 |
| Employee Count | 18 |
| Asset Turnover | 0.39 |
| Inventory Turnover | 12.44 |
Taxes
In the past 12 months, NAT has paid $23,000 in taxes.
| Income Tax | 23,000 |
| Effective Tax Rate | 0.15% |
Stock Price Statistics
The stock price has increased by +0.80% in the last 52 weeks. The beta is -0.10, so NAT's price volatility has been lower than the market average.
| Beta (1Y) | -0.10 |
| 52-Week Price Change | +0.80% |
| 50-Day Moving Average | 4.02 |
| 200-Day Moving Average | 4.14 |
| Relative Strength Index (RSI) | 39.43 |
| Average Volume (30 Days) | 2,877,851 |
Short Selling Information
| Short Interest | 8.25M |
| Short Previous Month | 7.37M |
| Short % of Shares Out | 4.08% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.56 |
Income Statement
In the last 12 months, NAT had revenue of $339.34 million and earned $15.10 million in profits. Earnings per share was $0.07.
| Revenue | 339.34M |
| Gross Profit | 54.97M |
| Operating Income | 41.87M |
| Pretax Income | 15.12M |
| Net Income | 15.10M |
| EBITDA | 92.60M |
| EBIT | 42.18M |
| Earnings Per Share (EPS) | $0.07 |
Balance Sheet
The company has $63.30 million in cash and $306.57 million in debt, giving a net cash position of -$243.27 million or -$1.17 per share.
| Cash & Cash Equivalents | 63.30M |
| Total Debt | 306.57M |
| Net Cash | -243.27M |
| Net Cash Per Share | -$1.17 |
| Equity / Book Value | 539.98M |
| Book Value Per Share | 2.59 |
| Working Capital | 70.25M |
Cash Flow
In the last 12 months, operating cash flow was $24.13 million and capital expenditures -$14.34 million, giving a free cash flow of $9.79 million.
| Operating Cash Flow | 24.13M |
| Capital Expenditures | -14.34M |
| Free Cash Flow | 9.79M |
| FCF Per Share | $0.05 |
Margins
Gross margin is 16.20%, with operating and profit margins of 12.34% and 4.45%.
| Gross Margin | 16.20% |
| Operating Margin | 12.34% |
| Pretax Margin | 4.46% |
| Profit Margin | 4.45% |
| EBITDA Margin | 27.29% |
| EBIT Margin | 12.43% |
| FCF Margin | 2.89% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 12.11%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 12.11% |
| Dividend Growth (YoY) | 84.00% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 657.14% |
| Buyback Yield | -24.29% |
| Shareholder Yield | -12.19% |
| Earnings Yield | 1.90% |
| FCF Yield | 1.23% |
Analyst Forecast
The average price target for NAT is $5.33, which is 40.26% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $5.33 |
| Price Target Difference | 40.26% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | -2.93% |
| EPS Growth Forecast (5Y) | 77.44% |
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 1.79 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.79 |
| Piotroski F-Score | 7 |