Critical Review: Euronav (CMBT) versus Its Rivals

Euronav (NYSE:CMBT) is one of 57 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its rivals? We will compare Euronav to related businesses based on the strength of its institutional ownership, valuation, profitability, earnings, dividends, risk and analyst recommendations.

Analyst Ratings

This is a summary of current recommendations and price targets for Euronav and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Euronav Competitors	268	1607	1851	85	2.46

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 35.89%. Given Euronav’s rivals higher probable upside, analysts clearly believe Euronav has less favorable growth aspects than its rivals.

Dividends

Euronav pays an annual dividend of $0.76 per share and has a dividend yield of 5.5%. Euronav pays out 12.6% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 6.1% and pay out 36.0% of their earnings in the form of a dividend.

Profitability

This table compares Euronav and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Euronav	112.38%	22.35%	11.43%
Euronav Competitors	31.74%	15.72%	8.28%

Earnings & Valuation

This table compares Euronav and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.24 billion	$858.03 million	2.29
Euronav Competitors	$776.08 million	$120.80 million	5.84

Euronav has higher revenue and earnings than its rivals. Euronav is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

43.7% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 14.7% of shares of all “Deep sea foreign transportation of freight” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility and Risk

Euronav has a beta of -0.07, indicating that its share price is 107% less volatile than the S&P 500. Comparatively, Euronav’s rivals have a beta of 0.81, indicating that their average share price is 19% less volatile than the S&P 500.

Euronav Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.