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Nordic American Tankers Ltd NAT

Morningstar Rating
$4.18 +0.05 (1.21%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NAT is trading at a 193% premium.
Price
$4.18
Fair Value
$5.33
Uncertainty
High
1-Star Price
$8.68
5-Star Price
$7.83
Economic Moat
Tkxt
Capital Allocation
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News

Trading Information

Previous Close Price
$4.13
Day Range
$4.104.18
52-Week Range
$3.454.83
Bid/Ask
$4.07 / $4.19
Market Cap
$872.77 Mil
Volume/Avg
2.3 Mil / 2.3 Mil

Key Statistics

Price/Earnings (Normalized)
13.06
Price/Sales
2.39
Dividend Yield (Trailing)
11.00%
Dividend Yield (Forward)
11.48%
Total Yield
11.00%

Company Profile

Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
Sector
Industrials
Industry
Marine Shipping
Stock Style Box
Small Value
Total Number of Employees
17

Comparables

Valuation

Metric
NAT
HAFNI
SFL
Price/Earnings (Normalized)
13.065.6314.85
Price/Book Value
1.651.951.81
Price/Sales
2.391.572.16
Price/Cash Flow
6.934.565.38
Price/Earnings
NAT
HAFNI
SFL

Financial Strength

Metric
NAT
HAFNI
SFL
Quick Ratio
0.461.070.28
Current Ratio
0.771.410.29
Interest Coverage
3.2811.101.63
Quick Ratio
NAT
HAFNI
SFL

Profitability

Metric
NAT
HAFNI
SFL
Return on Assets (Normalized)
7.72%18.79%3.12%
Return on Equity (Normalized)
12.34%34.61%11.15%
Return on Invested Capital (Normalized)
11.53%21.86%6.93%
Return on Assets
NAT
HAFNI
SFL
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