Critical Analysis: Euronav (CMBT) & Its Rivals

Euronav (NYSE:CMBT) is one of 53 public 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 similar businesses based on the strength of its risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.

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	31.84%	16.33%	8.42%

Risk & Volatility

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

Analyst Ratings

This is a breakdown of recent ratings and target prices for Euronav and its peers, 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 29.61%. Given Euronav’s peers higher probable upside, analysts clearly believe Euronav has less favorable growth aspects than its peers.

Earnings & 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	2.69
Euronav Competitors	$800.31 million	$125.08 million	11.51

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.

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 5.9% and pay out 36.7% of their earnings in the form of a dividend.

Insider and Institutional Ownership

47.3% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 14.8% 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.

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.