(NAVN) Navan, Common Stock - Overview
Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 4.662m USD | Total Return: -0.6% in 12m
Industry Rotation: +1.7
Avg Turnover: 60.1M
Rev. Trend: 100.0%
Warnings
High Debt while negative Cash Flow
Interest Coverage Ratio -3.8 is critical
Altman Z'' -5.23 < 1.0 - financial distress zone
Tailwinds
Supp Ema8, Leader, Confidence
Navan, Inc. (NAVN) operates an AI-powered software platform for business travel and expense management. The companys solutions cover the entire travel lifecycle, from booking to expense reconciliation.
The business travel sector relies heavily on efficient platforms for managing corporate travel and associated costs. Navans model integrates AI to automate these processes, serving finance, HR, and travel managers.
Navan, formerly TripActions, Inc., rebranded in February 2023. The company, incorporated in 2015, is based in Palo Alto, California, and falls under the Application Software GICS Sub Industry.
Further research on platforms like ValueRay can provide deeper insights into Navans performance and market position.
- Corporate travel recovery boosts platform booking volume
- AI-powered expense management drives enterprise adoption
- Payment processing fees increase transaction revenue
- Software subscription growth expands recurring revenue base
| Net Income: -398.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 4.11 > 1.0 |
| NWC/Revenue: 140.4% < 20% (prev 44.34%; Δ 96.07% < -1%) |
| CFO/TA 0.00 > 3% & CFO 7.51m > Net Income -398.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 4.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (249.2m) vs 12m ago 0.38% < -2% |
| Gross Margin: 70.90% > 18% (prev 0.67%; Δ 7.02k% > 0.5%) |
| Asset Turnover: 50.29% > 50% (prev 49.53%; Δ 0.77% > 0%) |
| Interest Coverage Ratio: -3.84 > 6 (EBITDA TTM -136.6m / Interest Expense TTM 51.3m) |
| A: 0.58 (Total Current Assets 1.31b - Total Current Liabilities 320.9m) / Total Assets 1.71b |
| B: -1.18 (Retained Earnings -2.02b / Total Assets 1.71b) |
| C: -0.14 (EBIT TTM -196.9m / Avg Total Assets 1.40b) |
| D: -4.02 (Book Value of Equity -2.02b / Total Liabilities 500.7m) |
| Altman-Z'' = -5.23 = D |
| DSRI: 0.48 (Receivables 215.9m/345.8m, Revenue 702.3m/536.8m) |
| GMI: 0.95 (GM 70.90% / 67.44%) |
| AQI: 0.68 (AQ_t 0.20 / AQ_t-1 0.30) |
| SGI: 1.31 (Revenue 702.3m / 536.8m) |
| TATA: -0.24 (NI -398.0m - CFO 7.51m) / TA 1.71b) |
| Beneish M = -3.71 (Cap -4..+1) = AAA |
Over the past week, the price has changed by +7.69%, over one month by +27.60%, over three months by +116.91% and over the past year by -0.60%.
| Analysts Target Price | - | - |
P/S = 6.6387
P/B = 3.8754
Revenue TTM = 702.3m USD
EBIT TTM = -196.9m USD
EBITDA TTM = -136.6m USD
Long Term Debt = 124.2m USD (from longTermDebt, last quarter)
Short Term Debt = 584k USD (from shortLongTermDebt, last quarter)
Debt = 49.6m USD (Leases only: 49.6m)
Net Debt = -534.0m USD (calculated: Debt 49.6m - CCE 583.5m)
Enterprise Value = 4.13b USD (4.66b + Debt 49.6m - CCE 583.5m)
Interest Coverage Ratio = -3.84 (Ebit TTM -196.9m / Interest Expense TTM 51.3m)
EV/FCF = -380.1x (Enterprise Value 4.13b / FCF TTM -10.9m)
FCF Yield = -0.26% (FCF TTM -10.9m / Enterprise Value 4.13b)
FCF Margin = -1.55% (FCF TTM -10.9m / Revenue TTM 702.3m)
Net Margin = -56.68% (Net Income TTM -398.0m / Revenue TTM 702.3m)
Gross Margin = 70.90% ((Revenue TTM 702.3m - Cost of Revenue TTM 204.3m) / Revenue TTM)
Gross Margin QoQ = 70.70% (prev 70.72%)
Tobins Q-Ratio = 2.42 (Enterprise Value 4.13b / Total Assets 1.71b)
Interest Expense / Debt = 7.65% (Interest Expense 3.79m / Debt 49.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = -155.5m (EBIT -196.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.07 (Total Current Assets 1.31b / Total Current Liabilities 320.9m)
Debt / Equity = 0.04 (Debt 49.6m / totalStockholderEquity, last quarter 1.21b)
Debt / EBITDA = 3.91 (negative EBITDA) (Net Debt -534.0m / EBITDA -136.6m)
Debt / FCF = 49.17 (negative FCF - burning cash) (Net Debt -534.0m / FCF TTM -10.9m)
Total Stockholder Equity = 1.21b (last fiscal year from totalStockholderEquity)
RoA = -28.50% (Net Income -398.0m / Total Assets 1.71b)
RoE = -12.35% (Net Income TTM -398.0m / Total Stockholder Equity 3.22b)
RoCE = -5.88% (EBIT -196.9m / Capital Employed (Equity 3.22b + L.T.Debt 124.2m))
RoIC = -19.34% (negative operating profit) (NOPAT -155.5m / Invested Capital 804.3m)
WACC = 17.52% (E(4.66b)/V(4.71b) * Re(17.64%) + D(49.6m)/V(4.71b) * Rd(7.65%) * (1-Tc(0.21)))
Discount Rate = 17.64% (= CAPM, Blume Beta Adj.) -> capped to 17.38%
Shares (quarterly) Correlation: 61.46 | Cagr: 0.17%
[DCF] Fair Price = unknown (Cash Flow -10.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 99.98 | Revenue CAGR: 32.13% | SUE: N/A | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.04 | Chg30d=N/A | Revisions=+60% | Analysts=9
EPS current Year (2027-01-31): EPS=0.05 | Chg30d=N/A | Revisions=+64% | GrowthEPS=+1471.8% | GrowthRev=+24.1%
EPS next Year (2028-01-31): EPS=0.22 | Chg30d=+9.00% | Revisions=+67% | GrowthEPS=+375.4% | GrowthRev=+23.2%
[Analyst] Revisions Ratio: +67%