Analyzing Euronav (CMBT) and Its Rivals

Euronav (NYSE:CMBT) is one of 57 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its rivals? We will compare Euronav to similar businesses based on the strength of its risk, institutional ownership, valuation, analyst recommendations, earnings, profitability and dividends.

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	31.74%	15.72%	8.28%

Dividends

Euronav pays an annual dividend of $0.76 per share and has a dividend yield of 5.5%. Euronav pays out 12.6% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.8% and pay out 33.4% of their earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of current ratings and target prices 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	268	1607	1851	85	2.46

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 35.89%. Given Euronav’s rivals higher possible upside, analysts plainly believe Euronav has less favorable growth aspects than its rivals.

Volatility and Risk

Euronav has a beta of -0.07, suggesting that its stock price is 107% less volatile than the S&P 500. Comparatively, Euronav’s rivals have a beta of 0.81, suggesting that their average stock price is 19% less volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.24 billion	$858.03 million	2.29
Euronav Competitors	$683.53 million	$120.80 million	5.84

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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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.