Nordic American Tankers Limited

Company Profile

Nordic American Tankers Limited had its IPO on 1997-09-30 under the ticker symbol NAT.

The company operates in the Industrials sector and Marine Shipping industry. Nordic American Tankers Limited has a staff strength of 18 employees.

Stock update

Shares of Nordic American Tankers Limited opened at $3.86 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.81 - $3.89, and closed at $3.82.

This is a -0.52% slip from the previous day's closing price.

A total volume of 2,704,085 shares were traded at the close of the day’s session.

In the last one week, shares of Nordic American Tankers Limited have slipped by -2.55%.

Nordic American Tankers Limited's Key Ratios

Nordic American Tankers Limited has a market cap of $801.78 million, indicating a price to book ratio of 1.3613 and a price to sales ratio of 3.013.

In the last 12-months Nordic American Tankers Limited’s revenue was $443.96 million with a gross profit of $105.40 million and an EBITDA of $193.34 million. The EBITDA ratio measures Nordic American Tankers Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nordic American Tankers Limited’s operating margin was 32.18% while its return on assets stood at 10.02% with a return of equity of 22.86%.

In Q2, Nordic American Tankers Limited’s quarterly earnings growth was a positive 575.8% while revenue growth was a negative 37.6%.

Nordic American Tankers Limited’s PE and PEG Ratio

Forward PE

48.0769

Trailing PE

6.6207

PEG

-2.5

Its diluted EPS in the last 12-months stands at $0.58 per share while it has a forward price to earnings multiple of 48.0769 and a PEG multiple of -2.5. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nordic American Tankers Limited’s profitability.

Nordic American Tankers Limited stock is trading at a EV to sales ratio of 4.079 and a EV to EBITDA ratio of -13.9864. Its price to sales ratio in the trailing 12-months stood at 3.013.

Nordic American Tankers Limited stock pays annual dividends of $0.48 per share, indicating a yield of 13.27% and a payout ratio of 84.21%.

Balance sheet and cash flow metrics

Total Assets

$882.49 million

Total Liabilities

$172.03 million

Operating Cash Flow

$0

Capital Expenditure

$130000

Dividend Payout Ratio

84.21%

Nordic American Tankers Limited ended 2024 with $882.49 million in total assets and $0 in total liabilities. Its intangible assets were valued at $882.49 million while shareholder equity stood at $552.00 million.

Nordic American Tankers Limited ended 2024 with $0 in deferred long-term liabilities, $172.03 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $96.48 million and cash and short-term investments were $96.48 million. The company’s total short-term debt was $121,226,000 while long-term debt stood at $157.51 million.

Nordic American Tankers Limited’s total current assets stands at $170.69 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $27.54 million compared to accounts payable of $1.71 million and inventory worth $23.23 million.

In 2024, Nordic American Tankers Limited's operating cash flow was $0 while its capital expenditure stood at $130000.

Comparatively, Nordic American Tankers Limited paid $0.84 in dividends in 2024.

Other key metrics

Current Trading Price

$3.82

52-Week High

$4.48

52-Week Low

$2.2544

Analyst Target Price

$5.85

Nordic American Tankers Limited stock is currently trading at $3.82 per share. It touched a 52-week high of $4.48 and a 52-week low of $4.48. Analysts tracking the stock have a 12-month average target price of $5.85.

Its 50-day moving average was $4.01 and 200-day moving average was $3.53 The short ratio stood at 2.63 indicating a short percent outstanding of 0%.

Around 302% of the company’s stock are held by insiders while 4639.7% are held by institutions.