Valuation Nordic American Tankers Limited

Equities

Market Closed - Nyse Other stock markets 20:00:02 12/03/2026 GMT			5-day change	1st Jan Change
4.970 ^USD	-5.15%		-10.93%	+44.48%

03-02	From oil spikes to equity swings: How the Mideast conflict is driving markets	RE
02-27	B. Riley Lifts Price Target on Nordic American Tankers to $7.50 From $5, Maintains Buy Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	445.9	305.6	638.9	876.9	522	1,052	1,052	-
Change	-	-31.47%	109.08%	37.25%	-40.48%	101.61%	0%	-
Enterprise Value (EV)	445.9	550.9	638.9	1,109	732	1,052	1,052	1,052
Change	-	23.54%	15.98%	73.57%	-33.99%	43.77%	0%	0%
P/E ratio	8.68x	-2.32x	43.7x	8.94x	11.4x	57.3x	13.1x	13.1x
PBR	-	-	-	-	-	-	-	-
PEG	-	0x	-0x	0x	-0.2x	-0.8x	0x	-
Capitalization / Revenue	1.91x	4.53x	3.78x	3.34x	2.32x	3.99x	3.92x	4.43x
EV / Revenue	0x	0x	0x	0x	0x	5.45x	3.92x	4.43x
EV / EBITDA	0x	-0x	0x	0x	0x	10.9x	5.9x	7.17x
EV / EBIT	0x	-0x	0x	0x	0x	19.3x	8.58x	11.6x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.45	0.05	0.11	0.46	0.34	-	-	-
Rate of return	15.3%	2.96%	3.59%	11%	13.6%	-	-	-
EPS ²	0.34	-0.73	0.07	0.47	0.22	0.06	0.38	0.38
Distribution rate	132%	-6.85%	157%	97.9%	155%	-	-	-
Net sales ¹	233.5	67.5	168.8	262.2	225.1	182.5	268.5	237.4
EBITDA ¹	149.1	-16.29	86.89	179.3	133.5	89.14	178.3	146.7
EBIT ¹	81.23	-84.15	41.87	127.9	77.31	46.34	122.6	91.05
Net income ¹	50.03	-119.4	15.1	98.71	46.64	12.27	79.45	81.11
Net Debt	-	245.3	-	232	210	-	-	-
Reference price ²	2.950	1.690	3.060	4.200	2.500	4.970	4.970	4.970
Nbr of stocks (in thousands)	151,163	180,819	208,796	208,796	208,796	211,751	211,751	-
Announcement Date	26/02/21	25/02/22	27/02/23	29/02/24	28/02/25	26/02/26	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NORDIC AMERICAN TANKERS LIMITED	52.4x	-	-	-	1.11B
COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.	18.05x	5.41x	14.69x	2.84%	16.86B
FRONTLINE PLC	18.18x	8.23x	10.8x	5.58%	7.46B
INTERNATIONAL SEAWAYS, INC.	9.86x	4.18x	6.98x	7.54%	3.48B
SCORPIO TANKERS INC.	11.83x	3.78x	6.66x	2.23%	3.45B
NANJING TANKER CORPORATION	13.15x	-	-	-	2.96B
DHT HOLDINGS, INC.	13.8x	8.48x	11.24x	5.42%	2.87B
BW LPG LIMITED	9.94x	3.91x	5.63x	8.86%	2.33B
OKEANIS ECO TANKERS CORP.	12.83x	8.64x	11.45x	7.18%	1.86B
FLEX LNG LTD.	17.95x	8.99x	12.2x	10.34%	1.57B
Average	17.80x	6.45x	9.95x	6.25%	4.39B
Weighted average by Cap.	16.54x	6.11x	11.57x	4.75%