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Nordic American Tankers Ltd NAT

Morningstar Rating
$3.92 +0.01 (0.26%)
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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 within a range we consider fairly valued.
Price
$3.91
Fair Value
$1.42
Uncertainty
High
1-Star Price
$6.89
5-Star Price
$3.57
Economic Moat
Qdpw
Capital Allocation
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Trading Information

Previous Close Price
$3.91
Day Range
$3.843.94
52-Week Range
$2.834.83
Bid/Ask
$3.81 / $4.08
Market Cap
$818.48 Mil
Volume/Avg
3.5 Mil / 3.1 Mil

Key Statistics

Price/Earnings (Normalized)
7.36
Price/Sales
1.84
Dividend Yield
12.24%
Dividend Yield (Forward)
6.12%
Total Yield
12.24%

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
18

Competitors

    Valuation

    Metric
    NAT
    Price/Earnings (Normalized)
    7.36
    Price/Book Value
    1.54
    Price/Sales
    1.84
    Price/Cash Flow
    4.91
    Price/Earnings
    NAT

    Financial Strength

    Metric
    NAT
    Quick Ratio
    1.24
    Current Ratio
    1.81
    Interest Coverage
    5.19
    Quick Ratio
    NAT

    Profitability

    Metric
    NAT
    Return on Assets (Normalized)
    12.84%
    Return on Equity (Normalized)
    20.70%
    Return on Invested Capital (Normalized)
    16.63%
    Return on Assets
    NAT

    Marine Shipping Industry Comparables