| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
NVG Overview
The Navigator Company, S.A. manufactures and markets pulp and paper products in Portugal.
Navigator Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €3.22 |
| 52 Week High | €1.85 |
| 52 Week Low | €3.27 |
| Beta | 1.36 |
| 1 Month Change | 6.13% |
| 3 Month Change | 4.34% |
| 1 Year Change | 73.41% |
| 3 Year Change | -26.77% |
| 5 Year Change | 22.09% |
| Change since IPO | 169.15% |
Recent News & Updates
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Shareholder Returns
| NVG | PT Forestry | PT Market | |
|---|---|---|---|
| 7D | 4.3% | 1.0% | 1.9% |
| 1Y | 73.4% | 24.7% | 34.2% |
Return vs Industry: NVG exceeded the Portuguese Forestry industry which returned 21.8% over the past year.
Return vs Market: NVG exceeded the Portuguese Market which returned 33% over the past year.
Price Volatility
| NVG volatility | |
|---|---|
| NVG Beta | 1.36 |
| Industry Beta | 0.88 |
| Market Beta | 1 |
Stable Share Price: NVG is less volatile than 75% of Portuguese stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NVG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 3,169 | Antonio Jose Redondo | https://www.thenavigatorcompany.com |
The Navigator Company, S.A. manufactures and markets pulp and paper products in Portugal. The company operates through Market Pulp, UWF Paper, Tissue Paper, Energy, and Other segments. It produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use.
Navigator Company Fundamentals Summary
| NVG fundamental statistics | |
|---|---|
| Market Cap | €2.29b |
| Earnings (TTM) | €129.60m |
| Revenue (TTM) | €1.41b |
17.7x
P/E Ratio1.6x
P/S RatioIs NVG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NVG income statement (TTM) | |
|---|---|
| Revenue | €1.41b |
| Cost of Revenue | €959.47m |
| Gross Profit | €446.67m |
| Expenses | €317.08m |
| Earnings | €129.60m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 31.77% |
| Net Profit Margin | 9.22% |
| Debt/Equity Ratio | 85.5% |
How did NVG perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield77%
Payout RatioValuation
Is Navigator Company undervalued compared to its fair value and its price relative to the market?
1.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NVG (€3.22) is trading below our estimate of fair value (€3.27)
Significantly Below Fair Value: NVG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NVG is poor value based on its PE Ratio (17.7x) compared to the European Forestry industry average (16.8x).
PE vs Market: NVG is poor value based on its PE Ratio (17.7x) compared to the Portuguese market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: NVG is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: NVG is overvalued based on its PB Ratio (2.3x) compared to the XE Forestry industry average (1.4x).
Future Growth
How is Navigator Company forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
5.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVG's forecast earnings growth (5.4% per year) is above the savings rate (1.4%).
Earnings vs Market: NVG's earnings (5.4% per year) are forecast to grow slower than the Portuguese market (11.9% per year).
High Growth Earnings: NVG's earnings are forecast to grow, but not significantly.
Revenue vs Market: NVG's revenue (1.4% per year) is forecast to grow slower than the Portuguese market (6.4% per year).
High Growth Revenue: NVG's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NVG's Return on Equity is forecast to be low in 3 years time (15.1%).
Past Performance
How has Navigator Company performed over the past 5 years?
-12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVG has high quality earnings.
Growing Profit Margin: NVG's current net profit margins (9.2%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: NVG's earnings have declined by 12.2% per year over the past 5 years.
Accelerating Growth: NVG's earnings growth over the past year (10.4%) exceeds its 5-year average (-12.2% per year).
Earnings vs Industry: NVG earnings growth over the past year (10.4%) underperformed the Forestry industry 13%.
Return on Equity
High ROE: NVG's Return on Equity (13.1%) is considered low.
Financial Health
How is Navigator Company's financial position?
Financial Position Analysis
Short Term Liabilities: NVG's short term assets (€616.7M) exceed its short term liabilities (€544.9M).
Long Term Liabilities: NVG's short term assets (€616.7M) do not cover its long term liabilities (€893.3M).
Debt to Equity History and Analysis
Debt Level: NVG's debt to equity ratio (85.5%) is considered high.
Reducing Debt: NVG's debt to equity ratio has increased from 75% to 85.5% over the past 5 years.
Debt Coverage: NVG's debt is well covered by operating cash flow (41.4%).
Interest Coverage: NVG's interest payments on its debt are well covered by EBIT (9.6x coverage).
Balance Sheet
Dividend
What is Navigator Company current dividend yield, its reliability and sustainability?
4.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVG's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Portuguese market (1.62%).
High Dividend: NVG's dividend (4.35%) is low compared to the top 25% of dividend payers in the Portuguese market (5.42%).
Stability and Growth of Payments
Stable Dividend: NVG's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.8%), NVG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NVG's dividends in 3 years are not forecast to be well covered by earnings (97.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average board tenure
CEO
Antonio Jose Redondo
1.75yrs
Tenure
€841,683
Compensation
Mr. António José Pereira Redondo is the Chief Executive Officer at The Navigator Company, S.A. since January 1, 2020 and serves as its Chairman of Management Board. He served as Head of Pulp, Paper, Sales,...
CEO Compensation Analysis
Compensation vs Market: Antonio Jose's total compensation ($USD975.86K) is about average for companies of similar size in the Portuguese market ($USD1.13M).
Compensation vs Earnings: Antonio Jose's compensation has increased by more than 20% in the past year.
Board Members
Experienced Board: NVG's board of directors are considered experienced (6.5 years average tenure).
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
The Navigator Company, S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: The Navigator Company, S.A.
- Ticker: NVG
- Exchange: ENXTLS
- Founded: 1953
- Industry: Paper Products
- Sector: Materials
- Market Cap: €2.291b
- Shares outstanding: 711.18m
- Website: https://www.thenavigatorcompany.com
Number of Employees
Location
- The Navigator Company, S.A.
- Apartado 55
- Apartado 55
- Setúbal
- Lisbon
- 2901-861
- Portugal
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 21:15 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.