Euronav NV
F:OCW

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Euronav NV
F:OCW
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Price: 7.93 EUR 4.2% Market Closed
Market Cap: 1.5B EUR

Relative Value

The Relative Value of one OCW stock under the Base Case scenario is 9.82 EUR. Compared to the current market price of 7.93 EUR, Euronav NV is Undervalued by 19%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OCW Relative Value
Base Case
9.82 EUR
Undervaluation 19%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
50
Median 3Y
1.2
Median 5Y
1.2
Industry
1.3
Forward
2.3
vs History
34
vs Industry
47
Median 3Y
1.4
Median 5Y
1.4
Industry
10.5
Forward
6.9
vs History
38
vs Industry
44
Median 3Y
2.7
Median 5Y
2.4
Industry
4.8
vs History
vs Industry
22
Median 3Y
-6.1
Median 5Y
-5.8
Industry
10.3
vs History
0
vs Industry
42
Median 3Y
1
Median 5Y
0.8
Industry
1.2
vs History
52
vs Industry
49
Median 3Y
1.8
Median 5Y
1.8
Industry
1.9
Forward
3
vs History
52
vs Industry
62
Median 3Y
2.7
Median 5Y
2.6
Industry
4.7
vs History
42
vs Industry
46
Median 3Y
2.7
Median 5Y
2.7
Industry
6.2
Forward
5.2
vs History
34
vs Industry
44
Median 3Y
3.4
Median 5Y
3.3
Industry
8.8
Forward
5.3
vs History
39
vs Industry
45
Median 3Y
3.2
Median 5Y
3.2
Industry
6.4
vs History
15
vs Industry
35
Median 3Y
5.1
Median 5Y
4.9
Industry
10.4
vs History
4
vs Industry
40
Median 3Y
0.9
Median 5Y
0.8
Industry
1

Multiples Across Competitors

OCW Competitors Multiples
Euronav NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BE
Euronav NV
F:OCW
1.9B EUR 1.3 1.5 2.8 3.5
CA
Enbridge Inc
TSX:ENB
132.8B CAD 2.2 22.5 14.4 21.8
US
Williams Companies Inc
NYSE:WMB
71.5B USD 6.6 31.3 16.9 28.1
US
Enterprise Products Partners LP
NYSE:EPD
68.3B USD 1.2 11.8 10.4 14
US
Kinder Morgan Inc
NYSE:KMI
63.1B USD 4.1 24.6 13.9 21.6
US
Energy Transfer LP
NYSE:ET
61.7B USD 0.8 13.5 8.4 13
US
Cheniere Energy Inc
NYSE:LNG
53.4B USD 3.2 17.2 10.3 12.4
US
MPLX LP
NYSE:MPLX
51.9B USD 4.3 11.8 10.3 12.8
US
ONEOK Inc
NYSE:OKE
51.3B USD 2.1 16.9 12.5 15.4
CA
TC Energy Corp
TSX:TRP
68.2B CAD 5.2 15.6 14.7 21.7
US
Targa Resources Corp
NYSE:TRGP
37.7B USD 2.3 31.5 13.1 20.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BE
Euronav NV
F:OCW
Average EV/EBITDA: 11.6
2.8
2%
1.4
CA
Enbridge Inc
TSX:ENB
14.4
14%
1
US
Williams Companies Inc
NYSE:WMB
16.9
18%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
10.4
6%
1.7
US
Kinder Morgan Inc
NYSE:KMI
13.9
10%
1.4
US
Energy Transfer LP
NYSE:ET
8.4
8%
1
US
Cheniere Energy Inc
NYSE:LNG
10.3
0%
N/A
US
MPLX LP
NYSE:MPLX
10.3
7%
1.5
US
ONEOK Inc
NYSE:OKE
12.5
14%
0.9
CA
TC Energy Corp
TSX:TRP
14.7
13%
1.1
US
Targa Resources Corp
NYSE:TRGP
13.1
12%
1.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BE
Euronav NV
F:OCW
Average EV/EBIT: 16.8
3.5
-1%
N/A
CA
Enbridge Inc
TSX:ENB
21.8
11%
2
US
Williams Companies Inc
NYSE:WMB
28.1
22%
1.3
US
Enterprise Products Partners LP
NYSE:EPD
14
6%
2.3
US
Kinder Morgan Inc
NYSE:KMI
21.6
9%
2.4
US
Energy Transfer LP
NYSE:ET
13
9%
1.4
US
Cheniere Energy Inc
NYSE:LNG
12.4
-1%
N/A
US
MPLX LP
NYSE:MPLX
12.8
7%
1.8
US
ONEOK Inc
NYSE:OKE
15.4
13%
1.2
CA
TC Energy Corp
TSX:TRP
21.7
15%
1.4
US
Targa Resources Corp
NYSE:TRGP
20.4
15%
1.4