Nordic American Tankers Limited (NAT) vs Teekay Corporation Ltd. (TK)

Nordic American Tankers Limited and Teekay Corporation Ltd. are both Oil & Gas Midstream companies. Nordic American Tankers Limited is the larger, with a market value of $1.4B against $1.1B — 1.3× the size. Teekay Corporation Ltd. trades at the lower P/E: 8.7× against 11.3×. Nordic American Tankers Limited grew revenue faster over the last twelve months: 28.7% against −16.7%. Nordic American Tankers Limited has the higher net margin (31.9% vs 11.0%) and the higher return on invested capital (13.3% vs 0.00%). Only Nordic American Tankers Limited pays a dividend (11.8%). Across the 22 metrics below, Teekay Corporation Ltd. leads on 14 and Nordic American Tankers Limited on 8.

Valuation

Metric NAT TK Oil & Gas Midstream median
P/E 11.31 8.66 11.80
P/S 3.64 0.95 2.38
P/B 3.17 0.47 1.65
Price to free cash flow 6.78 1.27 7.76
EV/EBITDA 10.56 0.03 7.88
EV/Sales 4.35 0.01 3.36
Earnings yield 8.85% 11.54% 7.98%
Free cash flow yield 14.76% 78.99% 7.23%

Profitability

Metric NAT TK Oil & Gas Midstream median
Gross margin 55.22% 39.94% 55.22%
Operating margin 41.19% 29.93% 35.83%
Net margin 31.86% 10.96% 20.12%
Free cash flow margin 53.77% 0.00% 14.43%
Return on equity 0.00% 0.00% 14.03%
Return on assets 13.17% 0.00% 4.62%
Return on invested capital 13.29% 0.00% 6.10%

Growth

Metric NAT TK Oil & Gas Midstream median
Revenue growth (TTM) 28.69% (16.70%) 15.70%
EPS growth (last fiscal year) (72.73%) (19.72%) (7.78%)
Revenue growth, 5-year CAGR (3.78%) (3.70%) 10.05%
Net income growth, 5-year CAGR (24.50%) 0.00% 0.00%

Health

Metric NAT TK Oil & Gas Midstream median
Debt to equity 0.85 0.00 0.77
Current ratio 3.27 10.36 1.16
Net debt to EBITDA 3.61 (2.50) 3.46

Dividend

Metric NAT TK Oil & Gas Midstream median
Dividend yield 11.84% 0.00% 5.03%
Payout ratio 1.34 — 0.73

Size

Metric NAT TK Oil & Gas Midstream median
Market cap 1.41b 1.11b 3.30b

Compare with another peer

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