Nordic American Tankers Limited Logo

Nordic American Tankers Limited

NAT

(3.2)
Stock Price

3,67 USD

14.02% ROA

18.12% ROE

8.14x PER

Market Cap.

954.510.914,00 USD

47.88% DER

10.72% Yield

37.65% NPM

Nordic American Tankers Limited Stock Analysis

Nordic American Tankers Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nordic American Tankers Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (22.16%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (50%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

5 PBV

The stock's PBV ratio (1.66x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

This company's net profit has been consistently on the rise over the past three years, indicating a strong financial performance and making it an appealing investment opportunity.

8 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

9 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-4) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Nordic American Tankers Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nordic American Tankers Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Nordic American Tankers Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nordic American Tankers Limited Revenue
Year Revenue Growth
1997 5.265.880
1998 16.006.199 67.1%
1999 14.782.500 -8.28%
2000 36.577.262 59.59%
2001 28.359.568 -28.98%
2002 18.057.989 -57.05%
2003 37.370.756 51.68%
2004 67.451.598 44.6%
2005 117.110.178 42.4%
2006 175.520.000 33.28%
2007 186.986.000 6.13%
2008 217.950.000 14.21%
2009 115.411.000 -88.85%
2010 126.416.000 8.71%
2011 79.866.000 -58.29%
2012 92.012.000 13.2%
2013 243.657.000 62.24%
2014 351.049.000 30.59%
2015 445.738.000 21.24%
2016 357.451.000 -24.7%
2017 297.141.000 -20.3%
2018 289.016.000 -2.81%
2019 317.220.000 8.89%
2020 354.619.000 10.55%
2021 195.759.000 -81.15%
2022 339.340.000 42.31%
2023 192.144.000 -76.61%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nordic American Tankers Limited Research and Development Expenses
Year Research and Development Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nordic American Tankers Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 15.394.000 100%
2012 14.701.000 -4.71%
2013 15.341.000 4.17%
2014 10.787.000 -42.22%
2015 9.790.000 -10.18%
2016 12.296.000 20.38%
2017 12.575.000 2.22%
2018 12.727.000 1.19%
2019 13.481.000 5.59%
2020 17.586.000 23.34%
2021 15.620.000 -12.59%
2022 18.798.000 16.91%
2023 25.168.000 25.31%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nordic American Tankers Limited EBITDA
Year EBITDA Growth
1997 4.757.125
1998 15.408.639 69.13%
1999 14.186.215 -8.62%
2000 37.537.362 62.21%
2001 29.425.580 -27.57%
2002 19.214.012 -53.15%
2003 38.504.447 50.1%
2004 51.661.486 25.47%
2005 68.985.914 25.11%
2006 101.608.000 32.11%
2007 96.382.000 -5.42%
2008 146.858.000 34.37%
2009 57.453.000 -155.61%
2010 63.323.000 9.27%
2011 -6.445.000 1082.51%
2012 -55.308.000 88.35%
2013 -14.438.000 -283.07%
2014 78.097.000 118.49%
2015 125.482.000 37.76%
2016 136.660.000 8.18%
2017 -55.045.000 348.27%
2018 11.675.000 571.48%
2019 28.038.000 58.36%
2020 81.514.000 65.6%
2021 -84.640.000 196.31%
2022 36.465.000 332.11%
2023 60.172.000 39.4%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nordic American Tankers Limited Gross Profit
Year Gross Profit Growth
1997 5.265.880
1998 16.006.199 67.1%
1999 14.782.500 -8.28%
2000 36.577.262 59.59%
2001 28.359.568 -28.98%
2002 18.057.989 -57.05%
2003 37.370.756 51.68%
2004 60.549.479 38.28%
2005 86.129.262 29.7%
2006 135.348.000 36.36%
2007 139.864.000 3.23%
2008 169.666.000 17.57%
2009 72.272.000 -134.76%
2010 79.303.000 8.87%
2011 25.007.000 -217.12%
2012 -41.171.000 160.74%
2013 -69.052.000 40.38%
2014 8.588.000 904.05%
2015 137.883.000 93.77%
2016 60.309.000 -128.63%
2017 -33.656.000 279.19%
2018 -17.102.000 -96.8%
2019 45.452.000 137.63%
2020 98.813.000 54%
2021 -68.532.000 244.19%
2022 54.974.000 224.66%
2023 83.040.000 33.8%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nordic American Tankers Limited Net Profit
Year Net Profit Growth
1997 3.196.492
1998 8.629.512 62.96%
1999 5.774.676 -49.44%
2000 27.668.964 79.13%
2001 19.385.476 -42.73%
2002 8.847.268 -119.11%
2003 28.100.289 68.52%
2004 40.815.932 31.15%
2005 46.317.742 11.88%
2006 67.393.000 31.27%
2007 44.206.000 -52.45%
2008 118.844.000 62.8%
2009 1.012.000 -11643.48%
2010 -809.000 225.09%
2011 -72.298.000 98.88%
2012 -73.192.000 1.22%
2013 -105.417.000 30.57%
2014 -12.808.000 -723.06%
2015 114.627.000 111.17%
2016 -4.456.000 2672.42%
2017 -75.509.000 94.1%
2018 -95.306.000 20.77%
2019 -10.423.000 -814.38%
2020 50.033.000 120.83%
2021 -119.482.000 141.87%
2022 15.101.000 891.22%
2023 29.948.000 49.58%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nordic American Tankers Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1997 0
1998 1 0%
1999 1 0%
2000 3 100%
2001 2 0%
2002 1 0%
2003 3 100%
2004 4 50%
2005 3 -33.33%
2006 3 0%
2007 2 -200%
2008 4 66.67%
2009 0 0%
2010 0 0%
2011 -2 100%
2012 -1 0%
2013 -2 0%
2014 0 0%
2015 1 100%
2016 0 0%
2017 -1 0%
2018 -1 0%
2019 0 0%
2020 0 0%
2021 -1 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nordic American Tankers Limited Free Cashflow
Year Free Cashflow Growth
1997 56.572
1998 12.778.339 99.56%
1999 11.990.863 -6.57%
2000 24.264.865 50.58%
2001 36.272.601 33.1%
2002 12.750.908 -184.47%
2003 29.893.551 57.35%
2004 -3.320.016 1000.4%
2005 -243.105.475 98.63%
2006 -211.187.000 -15.11%
2007 75.225.000 380.74%
2008 117.847.000 36.17%
2009 -127.135.000 192.69%
2010 -145.058.000 12.36%
2011 -103.699.000 -39.88%
2012 -9.451.000 -997.23%
2013 -56.112.000 83.16%
2014 -16.574.000 -238.55%
2015 -12.981.000 -27.68%
2016 -10.578.000 -22.72%
2017 -5.826.000 -81.57%
2018 -20.973.000 72.22%
2019 50.327.000 141.67%
2020 92.866.000 45.81%
2021 -62.185.000 249.34%
2022 -71.283.000 12.76%
2023 26.816.000 365.82%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nordic American Tankers Limited Operating Cashflow
Year Operating Cashflow Growth
1997 56.572
1998 12.778.339 99.56%
1999 11.990.863 -6.57%
2000 24.264.865 50.58%
2001 36.272.601 33.1%
2002 12.750.908 -184.47%
2003 29.893.551 57.35%
2004 62.817.261 52.41%
2005 51.055.588 -23.04%
2006 106.613.000 52.11%
2007 83.649.000 -27.45%
2008 127.900.000 34.6%
2009 44.770.000 -185.68%
2010 50.968.000 12.16%
2011 -12.163.000 519.04%
2012 -6.706.000 -81.37%
2013 -47.265.000 85.81%
2014 57.479.000 182.23%
2015 174.392.000 67.04%
2016 127.786.000 -36.47%
2017 31.741.000 -302.59%
2018 -16.103.000 297.11%
2019 52.858.000 130.46%
2020 110.944.000 52.36%
2021 -44.458.000 349.55%
2022 24.134.000 284.21%
2023 26.953.000 10.46%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nordic American Tankers Limited Capital Expenditure
Year Capital Expenditure Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 66.137.277 100%
2005 294.161.063 77.52%
2006 317.800.000 7.44%
2007 8.424.000 -3672.55%
2008 10.053.000 16.2%
2009 171.905.000 94.15%
2010 196.026.000 12.31%
2011 91.536.000 -114.15%
2012 2.745.000 -3234.64%
2013 8.847.000 68.97%
2014 74.053.000 88.05%
2015 187.373.000 60.48%
2016 138.364.000 -35.42%
2017 37.567.000 -268.31%
2018 4.870.000 -671.4%
2019 2.531.000 -92.41%
2020 18.078.000 86%
2021 17.727.000 -1.98%
2022 95.417.000 81.42%
2023 137.000 -69547.45%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nordic American Tankers Limited Equity
Year Equity Growth
1997 169.501.493
1998 135.325.925 -25.25%
1999 127.978.997 -5.74%
2000 130.799.004 2.16%
2001 111.841.822 -16.95%
2002 106.347.097 -5.17%
2003 105.707.976 -0.6%
2004 221.868.393 52.36%
2005 370.872.171 40.18%
2006 611.946.000 39.39%
2007 672.105.000 8.95%
2008 788.586.000 14.77%
2009 934.084.000 15.58%
2010 992.955.000 5.93%
2011 867.563.000 -14.45%
2012 809.383.000 -7.19%
2013 854.984.000 5.33%
2014 882.075.000 3.07%
2015 880.724.000 -0.15%
2016 871.049.000 -1.11%
2017 840.523.000 -3.63%
2018 602.031.000 -39.61%
2019 595.424.000 -1.11%
2020 599.126.000 0.62%
2021 550.128.000 -8.91%
2022 539.982.000 -1.88%
2023 532.940.000 -1.32%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nordic American Tankers Limited Assets
Year Assets Growth
1997 170.682.878
1998 166.045.090 -2.79%
1999 158.056.330 -5.05%
2000 160.842.504 1.73%
2001 142.658.488 -12.75%
2002 138.579.559 -2.94%
2003 136.896.298 -1.23%
2004 224.203.411 38.94%
2005 505.844.453 55.68%
2006 800.180.000 36.78%
2007 804.628.000 0.55%
2008 813.878.000 1.14%
2009 946.578.000 14.02%
2010 1.083.083.000 12.6%
2011 1.125.385.000 3.76%
2012 1.085.623.000 -3.66%
2013 1.136.437.000 4.47%
2014 1.169.024.000 2.79%
2015 1.241.617.000 5.85%
2016 1.349.904.000 8.02%
2017 1.270.522.000 -6.25%
2018 1.071.111.000 -18.62%
2019 1.030.903.000 -3.9%
2020 974.347.000 -5.8%
2021 903.057.000 -7.89%
2022 880.735.000 -2.53%
2023 836.332.000 -5.31%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nordic American Tankers Limited Liabilities
Year Liabilities Growth
1997 1.181.385
1998 30.719.165 96.15%
1999 30.077.333 -2.13%
2000 30.043.500 -0.11%
2001 30.816.666 2.51%
2002 32.232.462 4.39%
2003 31.188.322 -3.35%
2004 2.335.018 -1235.68%
2005 134.972.282 98.27%
2006 188.234.000 28.3%
2007 132.523.000 -42.04%
2008 25.292.000 -423.97%
2009 12.494.000 -102.43%
2010 90.128.000 86.14%
2011 257.822.000 65.04%
2012 276.240.000 6.67%
2013 281.453.000 1.85%
2014 286.949.000 1.92%
2015 360.893.000 20.49%
2016 478.855.000 24.63%
2017 429.999.000 -11.36%
2018 469.080.000 8.33%
2019 435.479.000 -7.72%
2020 375.221.000 -16.06%
2021 352.929.000 -6.32%
2022 340.753.000 -3.57%
2023 303.392.000 -12.31%

Nordic American Tankers Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.5
Net Income per Share
0.56
Price to Earning Ratio
8.14x
Price To Sales Ratio
3.05x
POCF Ratio
5.73
PFCF Ratio
5.93
Price to Book Ratio
1.79
EV to Sales
3.64
EV Over EBITDA
7.98
EV to Operating CashFlow
6.85
EV to FreeCashFlow
7.09
Earnings Yield
0.12
FreeCashFlow Yield
0.17
Market Cap
0,95 Bil.
Enterprise Value
1,14 Bil.
Graham Number
5.68
Graham NetNet
-0.99

Income Statement Metrics

Net Income per Share
0.56
Income Quality
2.69
ROE
0.22
Return On Assets
0.11
Return On Capital Employed
0.16
Net Income per EBT
1
EBT Per Ebit
0.77
Ebit per Revenue
0.49
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.58
Operating Profit Margin
0.49
Pretax Profit Margin
0.38
Net Profit Margin
0.38

Dividends

Dividend Yield
0.11
Dividend Yield %
10.72
Payout Ratio
0.68
Dividend Per Share
0.49

Operating Metrics

Operating Cashflow per Share
0.8
Free CashFlow per Share
0.77
Capex to Operating CashFlow
-0.03
Capex to Revenue
-0.02
Capex to Depreciation
-0.11
Return on Invested Capital
0.19
Return on Tangible Assets
0.14
Days Sales Outstanding
25.6
Days Payables Outstanding
9.73
Days of Inventory on Hand
54.12
Receivables Turnover
14.26
Payables Turnover
37.53
Inventory Turnover
6.74
Capex per Share
-0.03

Balance Sheet

Cash per Share
0,33
Book Value per Share
2,55
Tangible Book Value per Share
2.55
Shareholders Equity per Share
2.55
Interest Debt per Share
1.37
Debt to Equity
0.48
Debt to Assets
0.31
Net Debt to EBITDA
1.3
Current Ratio
1.81
Tangible Asset Value
0,53 Bil.
Net Current Asset Value
-0,17 Bil.
Invested Capital
0.48
Working Capital
0,06 Bil.
Intangibles to Total Assets
0
Average Receivables
0,02 Bil.
Average Payables
0,00 Bil.
Average Inventory
22713000
Debt to Market Cap
0.27

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nordic American Tankers Limited Dividends
Year Dividends Growth
1997 0
1998 1 100%
1999 1 0%
2000 3 50%
2001 4 33.33%
2002 1 -200%
2003 3 66.67%
2004 5 25%
2005 4 0%
2006 6 20%
2007 4 -66.67%
2008 5 25%
2009 2 -100%
2010 2 -100%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Nordic American Tankers Limited Profile

About Nordic American Tankers Limited

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.

CEO
Mr. Herbjorn Hansson
Employee
18
Address
LOM Building
Hamilton, HM 11

Nordic American Tankers Limited Executives & BODs

Nordic American Tankers Limited Executives & BODs
# Name Age
1 Mr. Bjorn Giaever
Executive Vice President, Chief Financial Officer & Secretary
70
2 Mr. Jan H. A. Møller
Head of Investor Relations and Financial Manager
70
3 Mr. Herbjorn Hansson
Founder, Chairman, President & Chief Executive Officer
70
4 Erik Tomstad
Executive Vice President of Chartering
70

Nordic American Tankers Limited Competitors