NAT Stock Analysis: Nordic American Tankers | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 1.230m USD | 12M Return: 156.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 27.1M
Qual. Beats: 0
Rev. Trend: -80.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Nordic American Tankers Limited (NAT) is a Bermuda-based tanker company that owns, operates, and charters a fleet of 20 double-hull Suezmax crude oil tankers serving oil companies, oil traders, and other crude oil transportation customers worldwide. Founded in 1995 and headquartered in Hamilton, Bermuda, the company operates within the oil & gas storage and transportation sub-industry and was renamed American Tankers Limited in June 2011 before adopting its current name.
Suezmax tankers are mid-to-large crude carriers designed to fit through the Suez Canal, making them versatile workhorses for long-haul crude oil routes between major production regions and refining hubs. The companys business model combines ownership and chartering, meaning it both operates vessels directly and leases capacity to customers, with revenue largely tied to volatile spot and time-charter rates in the global tanker market.
- Suezmax spot rates decline amid weaker crude oil demand
- Russian oil sanctions reshape global tanker ton-mile demand
- Dividend sustainability pressured by volatile charter rate environment
| Net Income: 54.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.10 > 0.02 and ΔFCF/TA -19.14 > 1.0 |
| NWC/Revenue: 38.89% < 20% (prev 17.17%; Δ 21.72% < -1%) |
| CFO/TA 0.06 > 3% & CFO 50.4m > Net Income 54.3m |
| Net Debt (334.7m) to EBITDA (149.2m): 2.24 < 3 |
| Current Ratio: 3.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (211.8m) vs 12m ago 0.0% < -2% |
| Gross Margin: 29.13% > 18% (prev 26.13%; Δ 3.00% > 0.5%) |
| Asset Turnover: 37.78% > 50% (prev 36.81%; Δ 0.97% > 0%) |
| Interest Coverage Ratio: 2.45 > 6 (EBIT TTM 90.7m / Interest Expense TTM 37.0m) |
| A: 0.14 (Total Current Assets 194.9m - Total Current Liabilities 65.0m) / Total Assets 901.3m |
| B: 0.00 (Retained Earnings 1.40m / Total Assets 901.3m) |
| C: 0.10 (EBIT TTM 90.7m / Avg Total Assets 884.3m) |
| D: 1.02 (Book Value of Equity 455.9m / Total Liabilities 445.3m) |
| Altman-Z'' = 2.72 = A |
| DSRI: 1.32 (Receivables 23.2m/16.8m, Revenue 334.1m/319.2m) |
| GMI: 0.90 (GM 26.13% / 29.13%) |
| AQI: 0.82 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 1.05 (Revenue 334.1m / 319.2m) |
| TATA: 0.00 (NI 54.3m - CFO 50.4m) / TA 901.3m) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of July 09, 2026, the stock is trading at USD 6.06 with a total of 2,572,818 shares traded. Over the past week, the price has changed by +9.39%, over one month by +19.05%, over three months by +5.53% and over the past year by +156.11%.
Current recommended Stop Loss: 5.40 (which is 10.9% or 2.3 ATR below the current price).
Nordic American Tankers has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold NAT.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 6 | -1% |
P/E Trailing = 22.3462
P/E Forward = 10.0402
P/S = 3.7058
P/B = 2.6983
P/EG = 1.2106
Revenue TTM = 334.1m USD
EBIT TTM = 90.7m USD
EBITDA TTM = 149.2m USD
Long Term Debt = 380.0m USD (from longTermDebt, last quarter)
Short Term Debt = 35.4m USD (from shortTermDebt, last quarter)
Debt = 415.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 418k
Net Debt = 334.7m USD (calculated: Debt 415.8m - CCE 81.1m)
Enterprise Value = 1.56b USD (1.23b + Debt 415.8m - CCE 81.1m)
Interest Coverage Ratio = 2.45 (Ebit TTM 90.7m / Interest Expense TTM 37.0m)
EV/FCF = -18.25x (Enterprise Value 1.56b / FCF TTM -85.7m)
FCF Yield = -5.48% (FCF TTM -85.7m / Enterprise Value 1.56b)
FCF Margin = -25.66% (FCF TTM -85.7m / Revenue TTM 334.1m)
Net Margin = 16.26% (Net Income TTM 54.3m / Revenue TTM 334.1m)
Gross Margin = 29.13% ((Revenue TTM 334.1m - Cost of Revenue TTM 236.8m) / Revenue TTM)
Gross Margin QoQ = 44.75% (prev 33.81%)
Tobins Q-Ratio = 1.74 (Enterprise Value 1.56b / Total Assets 901.3m)
Interest Expense / Debt = 8.90% (Interest Expense 37.0m / Debt 415.8m)
Taxrate = 0.39% (48.0k / 12.3m)
NOPAT = 90.4m (EBIT 90.7m * (1 - 0.39%))
Current Ratio = 3.00 (Total Current Assets 194.9m / Total Current Liabilities 65.0m)
Debt / Equity = 0.91 (Debt 415.8m / totalStockholderEquity, last quarter 455.9m)
Debt / EBITDA = 2.24 (Net Debt 334.7m / EBITDA 149.2m)
Debt / FCF = -3.90 (negative FCF - burning cash) (Net Debt 334.7m / FCF TTM -85.7m)
Total Stockholder Equity = 461.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.14% (Net Income 54.3m / Total Assets 901.3m)
RoE = 11.76% (Net Income TTM 54.3m / Total Stockholder Equity 461.9m)
RoCE = 10.78% (EBIT 90.7m / Capital Employed (Equity 461.9m + L.T.Debt 380.0m))
RoIC = 10.57% (NOPAT 90.4m / Invested Capital 855.0m)
WACC = 6.96% (E(1.23b)/V(1.65b) * Re(6.32%) + D(415.8m)/V(1.65b) * Rd(8.90%) * (1-Tc(0.00)))
Discount Rate = 6.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.28 | Cagr: 0.64%
[DCF] Fair Price = unknown (Cash Flow -85.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.32 | # QB: 0
Revenue Correlation: -80.35 | Revenue CAGR: -9.70% | SUE: 0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.26 | Chg30d=+183.33% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.11 | Chg30d=+120.00% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=0.69 | Chg30d=-7.43% | Revisions=+0% | GrowthEPS=+3441.5% | GrowthRev=+73.9%
EPS next Year (2027-12-31): EPS=0.29 | Chg30d=-6.35% | Revisions=+0% | GrowthEPS=-56.9% | GrowthRev=-23.6%
[Analyst] Revisions Ratio: -12% (up=2, down=3)