Navigator Company (ENXTLS:NVG): Revisiting Valuation Following Earnings Drop in 2025

Navigator Company (ENXTLS:NVG) just released earnings for the first nine months of 2025, revealing a year-over-year decrease in both sales and net income. This update is sparking fresh discussion among shareholders.

See our latest analysis for Navigator Company.

The recent earnings update has clearly shifted sentiment around Navigator’s outlook. After a rough stretch this year, with the share price dropping 17.6% year-to-date, the latest numbers reflect tightening conditions in the pulp and paper sector. Still, total shareholder returns over the past five years are up a hefty 137.5%, showing that long-term investors have seen substantial value even as near-term momentum fades.

If this kind of shift in market dynamics piques your curiosity, now is a great moment to broaden your search and discover fast growing stocks with high insider ownership

With shares trading well below recent analyst targets and a double-digit year-to-date slide, investors now face a critical question: is Navigator undervalued after the selloff, or is the market already factoring in what lies ahead?

Most Popular Narrative: 31% Undervalued

With the narrative estimating fair value at €4.40, Navigator’s shares, which last closed at €3.02, are trading well below consensus expectations. This large gap is grabbing analysts’ and investors’ attention as they try to make sense of the latest market moves.

Robust expansion into sustainable packaging and tissue segments, supported by major investments such as the PM3 machine conversion and molded cellulose product lines, positions Navigator to benefit from the global shift towards plastic bans, circular economy policies, and rising demand for renewable packaging. This supports future revenue growth and higher margins as these products command premium pricing relative to legacy paper.

Read the complete narrative.

Curious what assumptions could power a much higher fair value? The narrative points to a premium multiple on future profits and bold forecasts for long-term growth. Want to know the full financial case behind these numbers? Dive into the complete narrative to see just how bullish analysts are on Navigator’s transformation story.

Result: Fair Value of €4.40 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent declines in paper demand or regional economic stagnation could easily challenge these upbeat forecasts in the near future.

Find out about the key risks to this Navigator Company narrative.

Build Your Own Navigator Company Narrative

If you think there’s another angle here or believe your interpretation of the numbers tells a different story, you can craft your own narrative in just minutes, and Do it your way

A great starting point for your Navigator Company research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision.

Looking for more investment ideas?

Smart investors always keep an eye out for the next big opportunity. Don’t miss your chance to catch market trends early with these focused stock ideas.

• Tap into long-term passive income by finding companies offering above-average yields through these 21 dividend stocks with yields > 3%.
• Seize the momentum in artificial intelligence by tracking the latest movers among these 26 AI penny stocks.
• Get ahead of the crowd by identifying undervalued opportunities that the market may have overlooked with these 866 undervalued stocks based on cash flows.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com