Nordic American Tankers Ltd NAT

Morningstar Rating
$6.17 +0.27 (4.58%)
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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 LOCK|%>?L premium.
Price
$6.17
Fair Value
LOCK|p!#?<#
Uncertainty
LOCK|?%
1-Star Price
LOCK|Ch$#r!b
5-Star Price
LOCK|$J^<Gmc
Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$5.90
Day Range
$5.936.18
52-Week Range
$2.666.70
Bid/Ask
$5.92 / $6.18
Shares Outstanding
211.75M
Market Cap
$1.31B
Volume/Avg
3M / 4M

Key Statistics

Price/Earnings (Normalized)
24.92
Price/Sales
3.77
Dividend Yield (Trailing)
10.05%
Dividend Yield (Forward)
14.26%
Total Yield
10.05%

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 according 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
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Small Value
Total Number of Employees
18

Valuation

Metric
NAT
Price/Earnings (Normalized)
24.92
Price/Book Value
2.74
Price/Sales
3.77
Price/Cash Flow
24.74
Price/Earnings
NAT

Financial Strength

Metric
NAT
Quick Ratio
1.61
Current Ratio
3.00
Interest Coverage
2.46
Quick Ratio
NAT

Profitability

Metric
NAT
Return on Assets (Normalized)
3.95%
Return on Equity (Normalized)
7.66%
Return on Invested Capital (Normalized)
7.44%
Return on Assets
NAT

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