Navigator Holdings Ltd. (NVGS) vs Tsakos Energy Navigation Ltd (TEN)

Navigator Holdings Ltd. and Tsakos Energy Navigation Ltd are both Oil & Gas Midstream companies. Navigator Holdings Ltd. and Tsakos Energy Navigation Ltd are of similar size ($1.4B and $1.4B). Tsakos Energy Navigation Ltd trades at the lower P/E: 7.5× against 10.5×. Tsakos Energy Navigation Ltd grew revenue faster over the last twelve months: 23.2% against 8.39%. Tsakos Energy Navigation Ltd has the higher net margin (30.8% vs 22.8%) and the higher return on invested capital (7.05% vs 5.16%). Both pay a dividend; Tsakos Energy Navigation Ltd yields more (4.18% vs 1.11%). Across the 21 metrics below, Tsakos Energy Navigation Ltd leads on 13 and Navigator Holdings Ltd. on 8.

Valuation

Metric NVGS TEN Oil & Gas Midstream median
P/E 10.51 7.53 13.19
P/S 2.31 1.44 2.60
P/B 1.12 0.68 2.08
Price to free cash flow 6.97 n/m 10.14
EV/EBITDA 7.11 7.25 8.11
EV/Sales 3.36 3.13 3.89
Earnings yield 9.51% 13.28% 6.83%
Free cash flow yield 14.36% (19.20%) 6.94%

Profitability

Metric NVGS TEN Oil & Gas Midstream median
Gross margin 54.61% 61.58% 58.81%
Operating margin 25.77% 43.17% 32.14%
Net margin 22.80% 30.77% 21.16%
Free cash flow margin 33.14% (27.72%) 10.15%
Return on equity 11.09% 15.61% 11.30%
Return on assets 5.96% 7.22% 5.00%
Return on invested capital 5.16% 7.05% 6.13%

Growth

Metric NVGS TEN Oil & Gas Midstream median
Revenue growth (TTM) 8.39% 23.23% 15.44%
EPS growth (last fiscal year) 23.53% (11.53%) —
Revenue growth, 5-year CAGR 12.04% 4.40% 8.96%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NVGS TEN Oil & Gas Midstream median
Debt to equity 0.72 1.02 0.78
Current ratio 1.71 1.40 1.19
Net debt to EBITDA 2.48 3.89 3.42

Dividend

Metric NVGS TEN Oil & Gas Midstream median
Dividend yield 1.11% 4.18% 7.29%
Payout ratio 0.00 0.05 0.64

Size

Metric NVGS TEN Oil & Gas Midstream median
Market cap 1.44b 1.38b 3.61b

Compare with another peer

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