(NVGS) Navigator Holdings - Overview
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.428m USD | Total Return: 65.6% in 12m
Avg Turnover: 10.9M
EPS Trend: 74.5%
Qual. Beats: 0
Rev. Trend: 86.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Navigator Holdings Ltd. (NVGS) operates a fleet of 57 semi- or fully-refrigerated vessels dedicated to the seaborne transportation of petrochemical gases, liquefied petroleum gas (LPG), and ammonia. Based in London, the company serves energy producers, industrial consumers, and commodity traders through international and regional shipping routes. Beyond maritime transport, the firm provides technical consultancy and ship-to-shore infrastructure services.
The specialized gas carrier sector is characterized by high barriers to entry due to the technical complexity of maintaining precise temperature and pressure controls for volatile cargoes. Demand in this industry is closely tied to the global expansion of shale gas production and the increasing role of ammonia as a potential zero-carbon fuel source. Investors can further examine the companys valuation metrics and historical performance on ValueRay.
- Ethane and ethylene export volumes from US Gulf Coast terminals
- Global LPG demand cycles and seaborne petrochemical trade arbitrage spreads
- Utilization rates and daily time charter equivalent earnings for handysize vessels
- Morgans Point ethylene export terminal joint venture operational throughput and margins
- Expansion of the global ammonia trade driven by clean energy transition projects
| Net Income: 108.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.73 > 1.0 |
| NWC/Revenue: 6.88% < 20% (prev 3.68%; Δ 3.20% < -1%) |
| CFO/TA 0.08 > 3% & CFO 188.2m > Net Income 108.5m |
| Net Debt (709.3m) to EBITDA (287.2m): 2.47 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (65.6m) vs 12m ago -6.37% < -2% |
| Gross Margin: 35.92% > 18% (prev 0.38%; Δ 3.55k% > 0.5%) |
| Asset Turnover: 25.46% > 50% (prev 25.77%; Δ -0.31% > 0%) |
| Interest Coverage Ratio: 2.88 > 6 (EBITDA TTM 287.2m / Interest Expense TTM 55.8m) |
| A: 0.02 (Total Current Assets 303.9m - Total Current Liabilities 264.3m) / Total Assets 2.26b |
| B: 0.18 (Retained Earnings 396.1m / Total Assets 2.26b) |
| C: 0.07 (EBIT TTM 160.6m / Avg Total Assets 2.26b) |
| D: 0.38 (Book Value of Equity 396.0m / Total Liabilities 1.03b) |
| Altman-Z'' = 1.57 = BB |
| DSRI: 1.37 (Receivables 71.2m/52.7m, Revenue 576.2m/583.9m) |
| GMI: 1.07 (GM 35.92% / 38.46%) |
| AQI: 1.04 (AQ_t 0.12 / AQ_t-1 0.12) |
| SGI: 0.99 (Revenue 576.2m / 583.9m) |
| TATA: -0.04 (NI 108.5m - CFO 188.2m) / TA 2.26b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 23.13 with a total of 571,142 shares traded.
Over the past week, the price has changed by -2.82%,
over one month by +12.45%,
over three months by +15.51% and
over the past year by +65.61%.
Navigator Holdings has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy NVGS.
- StrongBuy: 5
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24.8 | 7% |
P/E Trailing = 14.2778
P/E Forward = 10.4384
P/S = 2.4778
P/B = 1.1938
P/EG = 4.42
Revenue TTM = 576.2m USD
EBIT TTM = 160.6m USD
EBITDA TTM = 287.2m USD
Long Term Debt = 726.1m USD (from longTermDebt, last quarter)
Short Term Debt = 171.9m USD (from shortTermDebt, last quarter)
Debt = 908.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.90m
Net Debt = 709.3m USD (calculated: Debt 908.9m - CCE 199.6m)
Enterprise Value = 2.14b USD (1.43b + Debt 908.9m - CCE 199.6m)
Interest Coverage Ratio = 2.88 (Ebit TTM 160.6m / Interest Expense TTM 55.8m)
EV/FCF = 15.21x (Enterprise Value 2.14b / FCF TTM 140.5m)
FCF Yield = 6.58% (FCF TTM 140.5m / Enterprise Value 2.14b)
FCF Margin = 24.39% (FCF TTM 140.5m / Revenue TTM 576.2m)
Net Margin = 18.84% (Net Income TTM 108.5m / Revenue TTM 576.2m)
Gross Margin = 35.92% ((Revenue TTM 576.2m - Cost of Revenue TTM 369.2m) / Revenue TTM)
Gross Margin QoQ = 29.63% (prev 32.33%)
Tobins Q-Ratio = 0.95 (Enterprise Value 2.14b / Total Assets 2.26b)
Interest Expense / Debt = 6.14% (Interest Expense 55.8m / Debt 908.9m)
Taxrate = 2.77% (1.04m / 37.4m)
NOPAT = 156.1m (EBIT 160.6m * (1 - 2.77%))
Current Ratio = 1.15 (Total Current Assets 303.9m / Total Current Liabilities 264.3m)
Debt / Equity = 0.76 (Debt 908.9m / totalStockholderEquity, last quarter 1.20b)
Debt / EBITDA = 2.47 (Net Debt 709.3m / EBITDA 287.2m)
Debt / FCF = 5.05 (Net Debt 709.3m / FCF TTM 140.5m)
Total Stockholder Equity = 1.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.80% (Net Income 108.5m / Total Assets 2.26b)
RoE = 8.94% (Net Income TTM 108.5m / Total Stockholder Equity 1.21b)
RoCE = 8.28% (EBIT 160.6m / Capital Employed (Equity 1.21b + L.T.Debt 726.1m))
RoIC = 7.21% (NOPAT 156.1m / Invested Capital 2.17b)
WACC = 7.68% (E(1.43b)/V(2.34b) * Re(8.76%) + D(908.9m)/V(2.34b) * Rd(6.14%) * (1-Tc(0.03)))
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -5.09%
[DCF] Terminal Value 77.97% ; FCFF base≈115.9m ; Y1≈132.9m ; Y5≈195.6m
[DCF] Fair Price = 36.20 (EV 2.94b - Net Debt 709.3m = Equity 2.23b / Shares 61.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 74.49 | EPS CAGR: 12.49% | SUE: 0.77 | # QB: 0
Revenue Correlation: 86.48 | Revenue CAGR: 4.34% | SUE: -0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.52 | Chg30d=+14.82% | Revisions=+33% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.54 | Chg30d=+33.29% | Revisions=+56% | Analysts=5
EPS current Year (2026-12-31): EPS=1.92 | Chg30d=+11.90% | Revisions=+11% | GrowthEPS=+62.3% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=1.70 | Chg30d=+2.81% | Revisions=+0% | GrowthEPS=-11.1% | GrowthRev=-0.9%
[Analyst] Revisions Ratio: +56%