Nordic American Tankers Limited (NAT) vs Navigator Holdings Ltd. (NVGS)

Nordic American Tankers Limited and Navigator Holdings Ltd. are both Oil & Gas Midstream companies. Nordic American Tankers Limited is the larger, with a market value of $1.6B against $1.4B — 1.1× the size. Navigator Holdings Ltd. trades at the lower P/E: 10.5× against 13.1×. Nordic American Tankers Limited grew revenue faster over the last twelve months: 28.7% against 8.39%. Nordic American Tankers Limited has the higher net margin (31.9% vs 22.8%) and the higher return on invested capital (13.3% vs 5.16%). Both pay a dividend; Nordic American Tankers Limited yields more (10.1% vs 1.11%). Across the 23 metrics below, Navigator Holdings Ltd. leads on 14 and Nordic American Tankers Limited on 9.

Valuation

Metric NAT NVGS Oil & Gas Midstream median
P/E 13.14 10.51 13.19
P/S 4.23 2.31 2.60
P/B 3.68 1.12 2.08
Price to free cash flow 7.87 6.97 10.14
EV/EBITDA 11.99 7.11 8.11
EV/Sales 4.94 3.36 3.89
Earnings yield 7.61% 9.51% 6.83%
Free cash flow yield 12.70% 14.36% 6.94%

Profitability

Metric NAT NVGS Oil & Gas Midstream median
Gross margin 55.22% 54.61% 58.81%
Operating margin 41.19% 25.77% 32.14%
Net margin 31.86% 22.80% 21.16%
Free cash flow margin 53.77% 33.14% 10.15%
Return on equity 0.00% 11.09% 11.30%
Return on assets 13.17% 5.96% 5.00%
Return on invested capital 13.29% 5.16% 6.13%

Growth

Metric NAT NVGS Oil & Gas Midstream median
Revenue growth (TTM) 28.69% 8.39% 15.44%
EPS growth (last fiscal year) (72.73%) 23.53% —
Revenue growth, 5-year CAGR (3.78%) 12.04% 8.96%
Net income growth, 5-year CAGR (24.50%) 0.00% 0.00%

Health

Metric NAT NVGS Oil & Gas Midstream median
Debt to equity 0.85 0.72 0.78
Current ratio 3.27 1.71 1.19
Net debt to EBITDA 3.61 2.48 3.42

Dividend

Metric NAT NVGS Oil & Gas Midstream median
Dividend yield 10.13% 1.11% 7.29%
Payout ratio 0.66 0.00 0.64

Size

Metric NAT NVGS Oil & Gas Midstream median
Market cap 1.62b 1.44b 3.61b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack