Financial Review: Euronav (CMBT) & Its Competitors

Euronav (NYSE:CMBT) is one of 55 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its rivals? We will compare Euronav to related businesses based on the strength of its dividends, valuation, profitability, earnings, institutional ownership, analyst recommendations and risk.

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 5.3%. 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 6.0% and pay out 35.9% of their earnings in the form of a dividend.

Volatility and Risk

Euronav has a beta of -0.08, indicating that its share price is 108% less volatile than the S&P 500. Comparatively, Euronav’s rivals have a beta of 1.23, indicating that their average share price is 23% more volatile than the S&P 500.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.34
Euronav Competitors	$803.87 million	$121.02 million	11.09

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.

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Euronav Competitors	262	1549	1753	84	2.45

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 36.28%. Given Euronav’s rivals higher probable upside, analysts plainly believe Euronav has less favorable growth aspects than its rivals.

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	31.30%	15.84%	8.13%

Insider and Institutional Ownership

47.1% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 17.2% 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, hedge funds and endowments believe a company is poised for long-term growth.

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.