Financial Analysis: Euronav (CMBT) & Its Competitors

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

Analyst Ratings

This is a summary of recent recommendations for Euronav and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Euronav Competitors	268	1608	1852	85	2.46

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 35.73%. Given Euronav’s rivals higher probable upside, analysts clearly believe Euronav has less favorable growth aspects than its rivals.

Earnings and Valuation

This table compares Euronav and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.21
Euronav Competitors	$676.80 million	$120.80 million	5.86

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 and Institutional Ownership

46.5% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 16.6% of shares of all “Deep sea foreign transportation of freight” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 5.6%. Euronav pays out 12.5% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.8% and pay out 32.6% 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	31.77%	15.77%	8.32%

Risk and Volatility

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.

About Euronav

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.