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Nordic American Tankers (Nordic American Tankers) EV-to-EBITDA : 8.51 (As of Apr. 28, 2024)


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What is Nordic American Tankers EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nordic American Tankers's enterprise value is $1,099.4 Mil. Nordic American Tankers's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $129.2 Mil. Therefore, Nordic American Tankers's EV-to-EBITDA for today is 8.51.

The historical rank and industry rank for Nordic American Tankers's EV-to-EBITDA or its related term are showing as below:

NAT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2755.78   Med: -3.83   Max: 158.39
Current: 8.51

During the past 13 years, the highest EV-to-EBITDA of Nordic American Tankers was 158.39. The lowest was -2755.78. And the median was -3.83.

NAT's EV-to-EBITDA is ranked better than
53.9% of 885 companies
in the Transportation industry
Industry Median: 8.96 vs NAT: 8.51

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-28), Nordic American Tankers's stock price is $3.97. Nordic American Tankers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.470. Therefore, Nordic American Tankers's PE Ratio for today is 8.45.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Nordic American Tankers EV-to-EBITDA Historical Data

The historical data trend for Nordic American Tankers's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nordic American Tankers EV-to-EBITDA Chart

Nordic American Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.25 5.15 -7.52 9.95 8.88

Nordic American Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.95 9.22 6.44 7.22 8.88

Competitive Comparison of Nordic American Tankers's EV-to-EBITDA

For the Marine Shipping subindustry, Nordic American Tankers's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordic American Tankers's EV-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nordic American Tankers's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nordic American Tankers's EV-to-EBITDA falls into.



Nordic American Tankers EV-to-EBITDA Calculation

Nordic American Tankers's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1099.439/129.21
=8.51

Nordic American Tankers's current Enterprise Value is $1,099.4 Mil.
Nordic American Tankers's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $129.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nordic American Tankers  (NYSE:NAT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Nordic American Tankers's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.97/0.470
=8.45

Nordic American Tankers's share price for today is $3.97.
Nordic American Tankers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.470.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Nordic American Tankers EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Nordic American Tankers's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic American Tankers (Nordic American Tankers) Business Description

Traded in Other Exchanges
Address
26 Victoria Street, Swan Building, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.