Nordic American EBITDA vs. Current Valuation
| NAT Stock | USD 2.68 0.01 0.37% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 179.3 M | Current Value 188.3 M | Quarterly Volatility 84.5 M |
For Nordic American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nordic American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nordic American Tankers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nordic American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nordic American Tankers over time as well as its relative position and ranking within its peers.
Nordic |
Nordic American's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 0.3 | Revenue Per Share 1.745 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0655 |
The market value of Nordic American Tankers is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nordic American Tankers Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nordic American's current stock value. Our valuation model uses many indicators to compare Nordic American value to that of its competitors to determine the firm's financial worth. Nordic American Tankers is considered to be number one stock in ebitda category among its peers. It also is rated top company in current valuation category among its peers reporting about 4.43 of Current Valuation per EBITDA. At this time, Nordic American's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nordic American by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Nordic Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Nordic American |
| = | 179.29 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nordic American |
| = | 794.74 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Nordic Current Valuation vs Competition
Nordic American Tankers is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 16.55 Billion. Nordic American holds roughly 794.74 Million in current valuation claiming about 5% of equities under Energy industry.
Nordic American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nordic American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nordic American will eventually generate negative long term returns. The profitability progress is the general direction of Nordic American's change in net profit over the period of time. It can combine multiple indicators of Nordic American, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2.1 M | -2.2 M | |
| Operating Income | 127.9 M | 134.3 M | |
| Income Before Tax | 98.8 M | 103.8 M | |
| Total Other Income Expense Net | -29.1 M | -27.6 M | |
| Net Income | 98.7 M | 103.6 M | |
| Income Tax Expense | 120 K | 114 K | |
| Net Income Applicable To Common Shares | 13.6 M | 14.3 M | |
| Net Income From Continuing Ops | 117.2 M | 123.1 M | |
| Interest Income | 1.1 M | 1.1 M | |
| Net Interest Income | -29.8 M | -31.2 M | |
| Change To Netincome | -37.2 M | -35.4 M | |
| Net Income Per Share | 0.47 | 0.85 | |
| Income Quality | 1.41 | 1.48 | |
| Net Income Per E B T | 0.90 | 0.68 |
Nordic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nordic American. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nordic American position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nordic American's important profitability drivers and their relationship over time.
Use Nordic American in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordic American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordic American will appreciate offsetting losses from the drop in the long position's value.Nordic American Pair Trading
Nordic American Tankers Pair Trading Analysis
The ability to find closely correlated positions to Nordic American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordic American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordic American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordic American Tankers to buy it.
The correlation of Nordic American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordic American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordic American Tankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nordic American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nordic American position
In addition to having Nordic American in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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Additional Tools for Nordic Stock Analysis
When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.