Nordic American Tanker Ltd
NYSE:NAT

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Nordic American Tanker Ltd
NYSE:NAT
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Price: 5.76 USD 3.23% Market Closed
Market Cap: $1.2B

EV/GP

13.5
Current
163%
More Expensive
vs 3-y average of 5.1

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
13.5
=
Enterprise Value
$1.5B
/
Gross Profit
$115.6m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
13.5
=
Enterprise Value
$1.5B
/
Gross Profit
$115.6m

Valuation Scenarios

Nordic American Tanker Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (5.1), the stock would be worth $2.19 (62% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
65%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 13.5 $5.76
0%
3-Year Average 5.1 $2.19
-62%
5-Year Average 5.1 $2.19
-62%
Industry Average 4.3 $1.82
-68%
Country Average 4.5 $1.9
-67%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
BM
Nordic American Tanker Ltd
NYSE:NAT
1.2B USD 13.5 99.4
CA
Enbridge Inc
TSX:ENB
164.4B CAD 9.6 22.7
US
Williams Companies Inc
NYSE:WMB
92.3B USD 12.3 35.3
US
Enterprise Products Partners LP
NYSE:EPD
82.2B USD 9.9 14.3
US
Kinder Morgan Inc
NYSE:KMI
72.4B USD 11.8 21.9
CA
TC Energy Corp
TSX:TRP
94.8B CAD 14.3 27.8
US
Energy Transfer LP
NYSE:ET
68.6B USD 6.2 16.4
US
ONEOK Inc
NYSE:OKE
56.9B USD 8.6 16.8
US
Cheniere Energy Inc
NYSE:LNG
56.8B USD 6.8 10.7
US
MPLX LP
NYSE:MPLX
57.7B USD 10.1 11.8
US
Targa Resources Corp
NYSE:TRGP
54.6B USD 10.9 29.6

Market Distribution

Higher than 81% of companies in Bermuda
Percentile
81th
Based on 95 companies
81th percentile
13.5
Low
0 — 1.4
Typical Range
1.4 — 8.2
High
8.2 —
Distribution Statistics
Bermuda
Min 0
30th Percentile 1.4
Median 4.5
70th Percentile 8.2
Max 590.1

Nordic American Tanker Ltd
Glance View

Nordic American Tankers Ltd. operates as an international tanker company. The firm's fleet consists of approximately 23 Suezmax crude oil tankers. The company operates its vessels either in the spot market or on longer term time charter agreement. The firm's tankers operating in the spot market are chartered for a single voyage. The vessels in the Company's fleet are homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo. The firm's vessels include Nordic Light, Nordic Cross, Nordic Cosmos, Nordic Vega, Nordic Zenith, Nordic Sprinter, Nordic Luna, Nordic Skier, Nordic Castor, Nordic Pollux, Nordic Star, Nordic Space, Nordic Aquarius, Nordic Cygnus and Nordic Tellus.

NAT Intrinsic Value
2.58 USD
Overvaluation 55%
Intrinsic Value
Price $5.76
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