Financial Review: Euronav (CMBT) versus Its Competitors

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

Risk & Volatility

Euronav has a beta of -0.08, indicating that its share price is 108% less volatile than the S&P 500. Comparatively, Euronav’s peers have a beta of 0.79, indicating that their average share price is 21% less volatile than the S&P 500.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.78
Euronav Competitors	$769.77 million	$121.57 million	11.76

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

Analyst Recommendations

This is a breakdown of recent ratings for Euronav and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Euronav Competitors	261	1550	1781	81	2.46

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 24.51%. Given Euronav’s peers higher possible upside, analysts plainly believe Euronav has less favorable growth aspects than its peers.

Profitability

This table compares Euronav and its peers’ 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	32.29%	16.45%	8.63%

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 4.5%. 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 5.6% and pay out 36.3% of their earnings in the form of a dividend.

Insider and Institutional Ownership

44.6% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 15.3% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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.