| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
EXM Stock Overview
Exmar NV provides shipping and energy supply chain solutions worldwide.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 86.3% per year for the next 3 years
+ 1 more risk
Exmar Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €5.19 |
| 52 Week High | €6.20 |
| 52 Week Low | €3.48 |
| Beta | 0.54 |
| 1 Month Change | -15.06% |
| 3 Month Change | 11.02% |
| 1 Year Change | 36.22% |
| 3 Year Change | -12.03% |
| 5 Year Change | -4.60% |
| Change since IPO | -20.40% |
Recent News & Updates
Exmar's (EBR:EXM) Conservative Accounting Might Explain Soft Earnings
Exmar NV's ( EBR:EXM ) recent soft profit numbers didn't appear to worry shareholders. Our analysis suggests that...
Shareholder Returns
| EXM | BE Oil and Gas | BE Market | |
|---|---|---|---|
| 7D | 14.2% | 4.6% | 2.9% |
| 1Y | 36.2% | 14.9% | -1.2% |
Return vs Industry: EXM exceeded the Belgian Oil and Gas industry which returned 13.2% over the past year.
Return vs Market: EXM exceeded the Belgian Market which returned -3.9% over the past year.
Price Volatility
| EXM volatility | |
|---|---|
| EXM Average Weekly Movement | 9.5% |
| Oil and Gas Industry Average Movement | 9.0% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in BE Market | 7.9% |
| 10% least volatile stocks in BE Market | 3.1% |
Stable Share Price: EXM is more volatile than 90% of Belgian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: EXM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Belgian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1829 | 1,849 | Francis Mottrie | https://www.exmar.com |
Exmar NV provides shipping and energy supply chain solutions worldwide. It operates through three segments: Shipping, Infrastructure, and Supporting Services. The company transports liquefied gas products, such as liquid petroleum gas, butane, propane, anhydrous ammonia, and petrochemical gases.
Exmar Fundamentals Summary
| EXM fundamental statistics | |
|---|---|
| Market Cap | US$312.84m |
| Earnings (TTM) | US$6.10m |
| Revenue (TTM) | US$139.43m |
51.3x
P/E Ratio2.2x
P/S RatioIs EXM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EXM income statement (TTM) | |
|---|---|
| Revenue | US$139.43m |
| Cost of Revenue | US$72.42m |
| Gross Profit | US$67.01m |
| Other Expenses | US$60.91m |
| Earnings | US$6.10m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Sep 08, 2022
| Earnings per share (EPS) | 0.11 |
| Gross Margin | 48.06% |
| Net Profit Margin | 4.37% |
| Debt/Equity Ratio | 79.2% |
How did EXM perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield85%
Payout RatioValuation
Is Exmar undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXM (€5.19) is trading below our estimate of fair value (€11.32)
Significantly Below Fair Value: EXM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXM is poor value based on its PE Ratio (51.3x) compared to the European Oil and Gas industry average (9.7x).
PE vs Market: EXM is poor value based on its PE Ratio (51.3x) compared to the Belgian market (12.1x).
Price to Earnings Growth Ratio
PEG Ratio: EXM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: EXM is good value based on its PB Ratio (0.6x) compared to the XE Oil and Gas industry average (1x).
Future Growth
How is Exmar forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-86.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXM's earnings are forecast to decline over the next 3 years (-86.3% per year).
Earnings vs Market: EXM's earnings are forecast to decline over the next 3 years (-86.3% per year).
High Growth Earnings: EXM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: EXM's revenue (11.1% per year) is forecast to grow faster than the Belgian market (1% per year).
High Growth Revenue: EXM's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EXM's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Exmar performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
29.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXM has a large one-off loss of $15.9M impacting its March 31 2022 financial results.
Growing Profit Margin: EXM's current net profit margins (4.4%) are lower than last year (26.6%).
Past Earnings Growth Analysis
Earnings Trend: EXM's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: EXM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EXM had negative earnings growth (-91.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (53.9%).
Return on Equity
High ROE: EXM's Return on Equity (1.1%) is considered low.
Financial Health
How is Exmar's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: EXM's short term assets ($234.1M) exceed its short term liabilities ($149.5M).
Long Term Liabilities: EXM's short term assets ($234.1M) do not cover its long term liabilities ($315.3M).
Debt to Equity History and Analysis
Debt Level: EXM's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: EXM's debt to equity ratio has reduced from 108.7% to 79.2% over the past 5 years.
Debt Coverage: EXM's debt is well covered by operating cash flow (26.3%).
Interest Coverage: EXM's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
Dividend
What is Exmar current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EXM's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.69%).
High Dividend: EXM's dividend (1.52%) is low compared to the top 25% of dividend payers in the Belgian market (5.82%).
Stability and Growth of Payments
Stable Dividend: EXM's dividend payments have been volatile in the past 10 years.
Growing Dividend: EXM's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.4%), EXM's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EXM is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Francis Mottrie (57 yo)
2.08yrs
Tenure
US$653,929
Compensation
Mr. Francis Mottrie has been Chief Executive Officer and Executive Director of Exmar NV since April 14, 2020 . He has been the Chief Executive Officer of Bexco nv-sa since May 2012. Mr. Mottrie has 25 year...
CEO Compensation Analysis
Compensation vs Market: Francis's total compensation ($USD653.93K) is about average for companies of similar size in the Belgian market ($USD691.71K).
Compensation vs Earnings: Francis's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EXM's management team is considered experienced (2.6 years average tenure).
Board Members
Experienced Board: EXM's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Exmar NV's employee growth, exchange listings and data sources
Key Information
- Name: Exmar NV
- Ticker: EXM
- Exchange: ENXTBR
- Founded: 1829
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: €297.007m
- Shares outstanding: 57.23m
- Website: https://www.exmar.com
Number of Employees
Location
- Exmar NV
- De Gerlachekaai 20
- Antwerp
- Antwerp
- 2000
- Belgium
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.