Critical Comparison: Euronav (CMBT) and The Competition

Euronav (NYSE:CMBT) is one of 54 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its peers? We will compare Euronav to similar businesses based on the strength of its risk, dividends, institutional ownership, earnings, valuation, profitability and analyst recommendations.

Volatility and Risk

Euronav has a beta of -0.08, meaning that its stock price is 108% less volatile than the S&P 500. Comparatively, Euronav’s peers have a beta of 0.85, meaning that their average stock price is 15% less volatile than the S&P 500.

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	31.45%	16.12%	8.32%

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	260	1521	1836	82	2.47

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 28.20%. Given Euronav’s peers higher probable upside, analysts plainly believe Euronav has less favorable growth aspects than its peers.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.72
Euronav Competitors	$810.07 million	$124.20 million	11.93

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.

Insider & Institutional Ownership

48.1% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 15.0% of shares of all “Deep sea foreign transportation of freight” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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 5.7% and pay out 37.7% of their earnings in the form of a dividend.

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.