Financial Analysis: Euronav (CMBT) vs. Its Peers

Risk & 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 0.80, indicating that their average share price is 20% less volatile than the S&P 500.

Dividends

Euronav pays an annual dividend of $0.76 per share and has a dividend yield of 6.0%. Euronav pays out 12.8% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.7% and pay out 32.9% of their earnings in the form of a dividend. Euronav is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

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	117.02%	22.29%	10.17%
Euronav Competitors	30.98%	15.51%	8.09%

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.24 billion	$858.03 million	2.14
Euronav Competitors	$778.54 million	$120.80 million	5.10

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.

Institutional and Insider 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 company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Euronav beats its rivals on 7 of the 11 factors compared.

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.