Critical Review: Euronav (CMBT) and The Competition

Euronav (NYSE:CMBT) is one of 53 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its competitors? We will compare Euronav to related companies based on the strength of its analyst recommendations, valuation, risk, dividends, institutional ownership, profitability and earnings.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.72
Euronav Competitors	$720.63 million	$125.08 million	11.86

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

Insider and Institutional Ownership

48.1% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 15.0% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 4.6%. 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 5.5% and pay out 35.2% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Euronav and its competitors, 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	257	1492	1773	82	2.47

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 28.25%. Given Euronav’s competitors higher probable upside, analysts clearly believe Euronav has less favorable growth aspects than its competitors.

Risk & Volatility

Euronav has a beta of -0.08, meaning that its stock price is 108% less volatile than the S&P 500. Comparatively, Euronav’s competitors have a beta of 0.83, meaning that their average stock price is 17% less volatile than the S&P 500.

Profitability

This table compares Euronav and its competitors’ 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	31.84%	16.33%	8.42%

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.